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look across the pond it s a mixed pictures over there. the ten-year note yield. we have some employment data, there is the 232 our road map starts with wall street s record run. u.s. stock futures pointing to a higher open, the s&p at its longe streak of records now in 20 years. plus delivery wars u.p.s. and fedex shares are following on reports that amazon is testing its own delivery service. and bill ackman rumphing up his push for changes at adp, we ll hear why he thinking that company could be more productive making history after the three indices closed at record highs. jobs fell by 12,000. earlier president trump treated stock market hits a record high, business and manufacturing enthusiasm at the highest level in decades a reason for him to be optimistic so too for the gulls industrials, transports, small caps, mid caps, almost everywhere you look. i think it will be interests to see what happens with the transcripts after this news for amazon that s been ....
best day in more than a year, the stock surging to levels not seen since february of 2015, helping the dow to close at a record high, after the retail giant announced a $20 billion buyback. online sales, according to analysts, will explode in the next year. with walmart trading about 20 times earnings, amazon trades at 250. the question here is, should investors start valuing it like a growing tech company in other words, what is walmart really worth guy? i can t speak to what the valuation should be. that s what the street is struggling with. they did say online sales will increase by 40% next year. you think about that, i mean, that s for like a startup type company. that s not for a mature company like walmart that s a significant number. you mentioned $20 billion stock buyback. i think that s roughly 7.5% of their market cap not insignificant. i think that s what people are struggling with. what is the right valuation? i don t know the answer. what i do know and o ....
potential target. officials are still struggling though to answer the key question, why? deadly wildfires sweeping across northern california. of part of wine country are up in flames. fires responsible for at least 15 deaths. more than 100 people are missing. we have a live update from napa valley. david: the market closing at a record high for the 47th time this year. nicole pettalides on floor of new york stock exchange. nicole, what is driving the market today? bring on the records. we had records across the board today, david and melissa. you just said it. we saw the record for the dow, finishing up 70 points. the winners boeing new high, microsoft, new high, caterpillar, new high. optimism on the trump agenda, big picture. bank earnings are coming out. a couple of movers for you. say hello to walmart. walmart helped to boost the dow. it was boosting 25 dow points. it finished up 360. a couple of pieces of news. first of all giving a positive outlook, talking a ....
obviously. waiting for yankees, the first pitch is in two hours. welcome to the closing bell everybody, we have exactly two hours to get through this whole show before that i m kelly evans, i m a big rally day here all right, all you folks in houston too by the way the dow on track for it s first close above 23,000 now ibm, interestingly is helping drive this nice rally today after those stronger than expected earnings that came out that you guys have last night. we will get more on that move coming up in a little bit here it s kind of astonishing to see ibm up 10% today clearly after the dell, more dow components american express is going to report along with ebay, we ll tell you what to expect as well. and so the breaking news today, microsoft and amazon are now embroiled in a new patent lawsuit. and i guarantee the plaintiff ll surprise you when you hear who it is. that s coming up but let s get straight to the one stock giving the dow it s biggest boos ....
produced a dossier about allegations about his ties to russia. all incoming flights into the u.s. will face new screen procedures including interviews for visitors and american citizens. five global carrier said today they will start conducting interviews tomorrow. american airlines will invite naacp representatives for a meeting to discuss concerns over potential discrimination against black passengers. this comes after the organization issued a travel advisory against the carrier citing disturbing incidents reported by african-american passengers. global news 24 hours a day powered by more than 2700 journalists and analysts in over 120 countries. on the alisa parenti. this is bloomberg. bloomberg technology is next. emily: coming up, apple s most advanced handset hits stores next week. what the success of the iphone x could rise in fall on its ambitious key feature. will the new facial recognition technology set the gold standard for the industry? we ll explore. plus, ....