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Wall Street gets Fed reality check
Wall Street gets Fed reality check - 01:51
Reuters Today: Spanish yields seen rising at auction
Reuters Today: Spanish yields seen rising at auction - 06:21
Surprise services boost points to UK recovery
Surprise services boost points to UK recovery - 02:54
Breakingviews: Do as I say, not as I do – German wages
Breakingviews: Do as I say, not as I do – German wages - 05:04
Market Pulse: Spain under fire as investors shun bond sale
Market Pulse: Spain under fire as investors shun bond sale - 03:28
Myanmar's Kyat begins managed float
Myanmar's Kyat begins managed float - 01:59
ASEAN: territorial code of conduct draft by year-end
ASEAN: territorial code of conduct draft by year-end - 01:48
U.S. Morning Call: Stock futures down, JPMorgan to be fined
U.S. Morning Call: Stock futures down, JPMorgan to be fined - 02:08
EMEA Day Ahead:: Thursday
EMEA Day Ahead:: Thursday - 03:13
3XSQ: Customer funds in question; royal return
3XSQ: Customer funds in question; royal return - 05:44
Still cashing in? Hirst retrospective
Still cashing in? Hirst retrospective - 02:32
World's biggest car delivery center
World's biggest car delivery center - 02:41
FACTBOX: Titanic the movie sails again
FACTBOX: Titanic the movie sails again - 02:20
Trading at Noon: Wall St. down on lost hope for stimulus
Trading at Noon: Wall St. down on lost hope for stimulus - 02:48
Draghi holds rates, offers caution
Draghi holds rates, offers caution - 01:50
Breakingviews: Gun bubble redux
Breakingviews: Gun bubble redux - 02:51
Yahoo cuts 2,000 jobs
Yahoo cuts 2,000 jobs - 01:15
Easter egg panic in eastern Europe
Easter egg panic in eastern Europe - 01:28
Wealth Strategies: Equity rally has 3 years left in cycle
Wealth Strategies: Equity rally has 3 years left in cycle - 06:05
Congressional insider trading ban
Congressional insider trading ban - 01:17
Gas prices no detour for car buyers
Gas prices no detour for car buyers - 02:13
Demand for fuel-efficient cars will outlast spike in gas prices
Demand for fuel-efficient cars will outlast spike in gas prices - 02:36
Most engines of growth are in emerging markets : Nissan CEO
Most engines of growth are in emerging markets : Nissan CEO - 05:39
U.S. Day Ahead: GAP set to shine with same store sales
U.S. Day Ahead: GAP set to shine with same store sales - 01:59

Monday march higher for stocks

Monday, November 10, 2014 - 01:23

U.S. stocks hit new record highs in the first trading day of the week. Cable stocks, however, fell on net neutrality comments by President Obama. Bobbi Rebell reports.

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Hello and happy Monday- traders were greeted by new highs during the first trading session of the week- helped by strong railroad shares. The major U.S. indexes all closing with gains. The standout losers though- cable stocks like Time Warner and Comcast . President Obama called for equal treatment of all Internet traffic, coming out strongly against deals that grant faster speeds to content providers willing to pay premiums- pushing for broadband providers to be regulated like a public utility. It was a teen scream after several brokerages cut their price targets and outlooks on teen retailers- Abercrombie & Fitch, American Eagle Outfitters and other teen apparel retailers all out of fashion with investors. GM shares slid. A new report showed General Motors ordered half a million replacement switches almost two months before it told federal safety regulators about the issue. The faulty switches have been linked to 32 deaths deemed eligible for compensation and led to the recall of 2.6 million vehicles this year. Investors bought shares of Toll Brothers. Quarterly revenue jumped 29 percent at the largest U.S. luxury homebuilder. Toll sold more homes at higher prices. In Europe, M&A activity in the oil services sector boosted stocks.

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Monday march higher for stocks

Monday, November 10, 2014 - 01:23