Year amd left out of the party recently stock down in 2017 a rare exclusive with amd ceo. Her plan to power growth a 24 carat edition of power lunch starts right now. Move yeah what yall trying to do all right, bruno mars may make want to dance but these numbers on wall street will certainly get you out of your chair. Welcome to power lunch, everybody. Im Tyler Mathisen dow, best day of the ye so far final trading day of november. The dow giving ply son macke a wonderful birthday present happy birthday mack best day of the year dow, s p 500, russell 2000, small caps and transports all hitting new alltime highs the dow up triple digits this hour look at that, topping 24,000, 25,000 in sight. Intel, united technologies, Goldman Sachs, visa, other movers, cvs aetna higher cvs closer to a deal to buy the Health Insurer price between 200 and 205 a share. Sears higher struggling retailer posting a smaller than expected loss Michaels Companies soaring. Double digits. Arts and craft retailer b
Nasdaq drawing our attention this hour. The index is up 9. 5 this year. Nasdaq 100 by the way on pace for its best quarter in years. Pete, the nasdaqs the only major average positive for march. And youve got the leadership coming from technology. You look at the fundamentals and facts of the earnings season, then you look at how everybody starts to read into, even this coming earnings season. We know april 13th, jpmorgan is going to kick it off. When we get to tech, how about the fact of what weve heard from many of these various Chip Companies post apple. Post many of the facebooks and many others. Valuations are still fair. Theres still growth and thats why these stocks continue. Why is this the sector that is outperforming so much . Is it the one u thats not so tied to what the fed says . The one not so sigh ed to healt care . No matter what happens, this is the space that continues to grow up. Because tech can grow. In a low growth environment. 2 right now. Some are speculating its
Thought. Cdc issuing a new warning of zika virus. David putting state of new jersey on notice. State will lose out on hundreds of millions of dollars of taxes. We will talk to one lawmaker to prevent more people from leaving. We will take a look at tax reforms. Asia mostly higher, as you can see the weak spot there is china. Shanghai composite. Japan did better. In europe choppy session so far. Investors are waiting on earning season certainly to heat up. We have fractional moves this morning in european averages. Ftse really flat on the session. Take a look at what futures are indicating this morning. Dow jones industrial expected to open 50 points after volatile session yesterday. 100point gain by the close. With me fox business dagen mcdowell, the wall street journal Jon Hilsenrath and andy bush. Good to see you. Thanks. Maria stay with us. Former republican candidate Mike Huckabee coming up. Former ally james coming up and Nancy Reagans longest serving chief of staff bush and donal
From time square in new york city, the new wall street week. Welcome the founder of Portfolio Manager trading as well as ben thompson, advisors. It is great to have you here. Background. Did you always know you wanted to be a bond Portfolio Manager . I couplet in that category in second grade and haven t gotten out. [laughter] i discovered it early on. I worked in the early 90 s that goldman sachs. Now that i have interest in the bond market and Municipal Bond left to form Samson Capital advisors with a number of partners, focusing on fixed income investment, primarily taxpayers. I know a little bit about let s go back to growing up. I decided very early because t a very good student that this would be my my study would be to our charts and learning about stocks in the way markets move and how they react to economic numbers and all the different the market. You decided to leave college street. I called gary three weeks before we were supposed to go back to our senior year at syracuse a
The twisters damage destroyed dozens of homes. No deaths reported but people were injured in oklahoma. Five are in critical condition. At tlooes three tore through Oklahoma City area. And some are just a pile of rubble. The storms overturned power lines and snapped trees and brought flash flooding. A massive twister black thnd sky as it tore through and at least one in kansas and rural nebraska. Reporter debris from dozens of shattered homes litters the ground in as it tore through. They lined up. Reporter devastation was widespread as one tornado was an estimated half mile wide. Significant damage in the city of bridge creak. They just got hammered. Ef 2, ef 3 damage. Other twirsz reported in nebraska and kansas. And it was that base of this hill and threw tree debris and stuff down. And a Day Care Center destroyed. A hotel in norman also sustained damage with winds over 150 mileperhour and heavy rains caused flooding in nearby moore, oklahoma. And the rain made it hard for people to