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Of december and november was a very strong month for stocks, even though you did see some declines on black friday youre looking at the best returns we saw since june for all of the major averages. Last week again, you did see some big gains too right now the dow, s p and nasdaq are still less than 1 to 2 of the intraday highs with these gains, youll see them challenging that as tom mentioned. Although, i also remember last the first trading day of december last year. Not quite as much fun. I still have some night mares about that. Would not be the only one with scars leftover from that. I think the dow was down 15 at one point in december last year we were having a great year. Markets were up, not up like they are this year. Bottomed on christmas eve, december 24th and saw things take off from there. Its been a very strong year. Will a santa claus rally power the s p 500 and dow to their best year in a generation . Could happen. Were up a lot. What will that take to get there, 5 . Pro ....
[applause] good afternoon, everybody and thank you for that warm introduction, and thanks to the sponsors for pulling such Amazing Group of professionals together this afternoon. It is took an honor for me to share the stage with general joe votel. He was a fantastic colleague but also a wonderful role model of the sort of servant leader for all of us who were in government. Joe, you served as commander of u. S. Socom, as commander of Central Command during probably the busiest time ever for armed forces in the middle east. You are an avid and regular consumer of intelligence. I wonder given the conference and its theme in this audience if you start by just giving us a war fighters frank assessment of the intelligence support you received. How were we doing . What were the strengths, weaknesses, the gaps . Thanks michelle. Let me add my thanks to the insa leadership and all o ....
It had been speculated about in the u. K. Press. They are now on the hunt for a new head of the financial office. Back to you. Caroline, thank you very much. Aggie to talk about. The first trading day of 2014. It feels more like that next week. Lets get a quick check on the markets. To see theseing markets a little bit firmer this morning. You are seeing the ftse 100 up by 0. 1 . The cac 40 up by 0. 3 . Some of the markets, you can see that we are getting moves on the upside. In asia, the trading session weakened somewhat by chinese manufacturing numbers. They came in a little weaker than some had expected. Still about 50 for that important date of manufacturing. Disappointing to some. That took the edge off things a little bit. We look at manufacturing pmi numbers from various eurozone countries later today. Lets keep an eye on gold as well. We are seeing gold bouncing a little bit. 2013 was not a good year for gold. We have the worst annual drop in the gold price since 1981, down 28 ....
Been activated to repel rockets launch from across the ukranian border. And india is paying the price for Rising Energy cost, despite not joining anti russians. Thanks. And as the country ramped up, its whole production going back on its green agenda, commitment, awe from mosque out to the world. This is our international. Im rachel blevins. And these are the top stories, this, our unrest has hit the streets of paris with police using tear gas to disperse crowds of people protesting against high cost of living and fuel prices. Ah, protesters say prices are at 40 year highs and blame the government for not doing enough to tackle the issue. Tens of thousands of people reportedly took to the streets of the french capital to show their anger with mo fox set off during the march. I am for the distribution of wealth 1st and often the government tells us we must 1st produce the wealth. It makes fun of us. We have produced it for a long ti ....