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Love with u. S. Treasuries. Gaga for google, one of the widely held stocks goes to a high and one things in the earning report that every investor needs to know about. That and more tonight on nightly Business Report for thursday, october 17th. Good evening everyone. Washington was open and back to business today, and wall street celebrated big time. The s p 5 00 closed at a new alltime high and the nasdaq setting a fresh 13year high and more milestones, the dow transport the small cap russe russerussell 2,000 and more ending at record closes. With the budget and debt ceiling deals wrapped up,...

Security working group with United States after the u. S. Justice department charged five Chinese Military officials with stealing trade secrets. The working group was established last year as a way for the u. S. And china to try to find Common Ground on cyber security. Has also banned the use of Microsoft Windows eight on all government computers. The News Agency Says it was to ensure security after microsoft stopped supporting windows xp which increased fears of hacking. It is still widely used in china but private computers are not affected by this ban. A top official from the new York City...

The market. The dow slipped 26 points, s p declined. 49 . And the nasdaq nose diving an incredible 1. 18 . The house of pain. Before i can explain why that is, i have to note that once again, i dont really particularly care for the action in this market. I dont like that the initial Public Offerings are coming fast and furious this week like they did last week. I dont like how any words of caution are being met with anger. Ive been on the defensive for days on end about my negative view of froth. This weekend, my twitter feed jimcramer became a free fire zone from people who blame me for the r...

Headlines. Tech stocks sell off big time today. He nasdaq walls. Falls. By a decline in tech and a decline in biotech. Many of these stocks that have been on fire like facebook and tesla and netflix posted a five percent drop. We will have more on the selloffs coming up. Zynga has hired the best buy Senior Vice President as its new cfo. They are trying to improve their business. That lee has a track record of turning companies around. Cbs named a replacement for david letterman. There will take over for the late show legend when he retires next year. They reached a fiveyear deal. There will be...

Something like that, helping the economy. Jobs, what was it . Today, of course, those minutes were forgotten and the dow soared 109 points, s p climbed. 81 . Nasdaq surged. Typical of what happens every single time with these minutes, and it is driving me crazy especially after the dow closed above 16,000, and so many people have been left behind by this unabashed bull market. So im steamed. And tonight, im venting. I think theres a tremendous failure of imagination out there when it comes to the process of making money. So many people do a remarkable amount of obfuscation. They do little dete...