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Friday, October 31, 2014

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October 31, 2014
Pentagon: The Navy SEAL Who Shot Bin Laden Should Not Reveal Himself On Fox News Pentagon: The Navy SEAL Who Shot Bin Laden Should Not Reveal Himself On Fox News
by Hunter Walker on Oct 31, 2014, 12:58 PM
On Wednesday, Fox News announced it planned to...


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STOCKS SURGE TO RECORD HIGH: Here's What You Need To Know

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October 31, 2014

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The stock market set a record high on Friday.

First, the scoreboard:

  • Dow: 17,390.5, +194.7, (+1.1%)
  • S&P 500: 2.018.0, +23.4, (+1.1%)
  • Nasdaq: 4,630.7, +64.6, (+1.4%0)

And now, the top stories on Wednesday:

1. The rally really began in Japan when two pieces of news crossed. First, Nikkei reported that Japan's $1.2 trillion behemoth Government Pension Investment Fund would ramp up its exposure to foreign and domestic stocks. Second, the Bank of Japan unexpectedly announced a big boost to its quantitative-easing stimulus program. The Nikkei went bonkers, surging 4.8% to close at a seven-year high.

2. The US had some good economic news. The University of Michigan's consumer confidence index unexpectedly jumped to 86.0 in October from 84.6 a month ago. The Chicago PMI unexpectedly spiked to a 12-month high of 66.2 in October from 60.5 in September. "The bounceback in the Barometer marks a solid start to Q4 and suggests that against a backdrop of concerns about weakening growth in Europe and China, the US economy is still growing firmly," ISM-Chicago said in its release.

3. In a sign of labor market tightness, the employment cost index jumped 0.7% in Q3. "This is the fastest pace of quarterly compensation that we have seen since late 2008," BNP Paribas' Bricklin Dwyer noted. "The measure popped up to 2.2% y/y, accelerating from the previous 10-month's 1.8-2.0% range."

4. The stock market has been on an absolute wild ride in the last two months. It went from its all-time intraday high of 2,019 on Sept. 19 (all-time closing high 2,011.36 on Sept. 18) down its Oct. 15 low of 1,820.66. The Dow set an intraday all-time high of 17,395 today.

Don't Miss: WALL STREET'S BRIGHTEST REVEAL THE MOST IMPORTANT CHARTS IN THE WORLD »

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Frein Placed in Dead Officer's Handcuffs (Newser Happy Hour 6-pack)

Newser Alert
The day's six most popular stories, in time to unwind.


Frein Placed in Dead Officer's Handcuffs

Frein Placed in Dead Officer's Handcuffs

(Newser) - After a 48-day manhunt in the woods of northeast Pennsylvania, Eric Frein ended up being taken away in handcuffs used by the state trooper he's accused of shooting dead in an ambush last month . The fugitive, who was captured near an abandoned airport hangar yesterday, was put in the... More  »

 
Man Arrested Under 1861 Sex Law

Man Arrested Under 1861 Sex Law

(Newser) - Hell hath no fury like a woman scorned—especially one in an arranged marriage in which her husband has rejected her. An Indian bride filed charges in Bangalore this month, claiming that not only was her husband cheating on her, but that he violated a colonial-era law that bans "... More  »

 
Woman Emerges From Coma, Delivers Baby

Woman Emerges From Coma, Delivers Baby

(Newser) - Jenny Quiles was 33 weeks pregnant when she was hit by a tow truck as she crossed the street en route to a doctor's appointment on Oct. 15. Roughly two weeks later, the Florida woman emerged from a coma at Bayfront Health St. Petersburg, and on Wednesday, she began... More  »

 
Bobcat Found Hanged Before Football Game

Bobcat Found Hanged Before Football Game

(Newser) - There is a long history of rivalry between Coffee County Central and Tullahoma High School in central Tennessee—pranks in years past have included a toilet placed in the middle of a football field—but authorities say things have gone way too far. A dead bobcat was found hanged from... More  »

 
Google Fined for Showing Cleavage on Street View

Google Fined for Showing Cleavage on Street View

(Newser) - The latest embarrassment for Google Street View: Google has been fined more than $2,000 after its mapping feature showed an image of a woman's cleavage. A Montreal judge found that Maria Pia Grillo's privacy was invaded in having "part of her breast exposed," Gigaom reports,... More  »

 
3 in Flight Simulator Killed by Actual Plane Crash

3 in Flight Simulator Killed by Actual Plane Crash

(Newser) - In what may be a deeply unfortunate first, three people in a flight simulator died in a plane crash at Wichita's Mid-Continent Airport yesterday. The three died when a twin-engine Beechcraft King Air, whose pilot was also killed, crashed into a flight training center just after takeoff. Around 100... More  »

 

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THE PROGRAMMATIC ADVERTISING REPORT: Real-Time Bidding Is Taking Over The Digital Ad Market

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Business Insider Select
 
October 31, 2014
 THE PROGRAMMATIC ADVERTISING REPORT: Real-Time Bidding Is Taking Over The Digital Ad Market THE PROGRAMMATIC ADVERTISING REPORT: Real-Time Bidding Is Taking Over The Digital Ad Market

 RTB  will drive a full one-third of the digital ad market by 2018. 
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Microsoft Fires Global Advertising Sales Team
Microsoft Fires Global Advertising Sales Team
Microsoft is laying off its entire global advertising sales team.  Read»
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The 15 Best Free Online Business Courses Starting In November
The 15 Best Free Online Business Courses Starting In November
LinkedIn Influencer John A. Byrne published this post...  Read»
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This Tiny Town Is A Haven For New York City's Hipsters
This Tiny Town Is A Haven For New York City's Hipsters
Just a short three hour bus ride from New York City's Port Authority...  Read»
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Here's How To Get A Job At The CIA
If you told a friend you were in the running for a job at the CIA, you...  Read»
REPORT: Lyft Is Considering Expanding To London
London's could be the company's first city outside of America.  Read»
The 10 Most Important Things In The World Right Now
Good morning! Here's what you need to know for Friday. 1. The Bank...  Read»
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Daylight Saving Time Is Bad For Your Health
Daylight Saving Time Is Bad For Your Health
Daylight saving time (DST) is about to end — on Sunday, November...  Read»
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One Of The World's Most Powerful Literary Agents Compared Amazon To ISIS
One Of The World's Most Powerful Literary Agents Compared Amazon To ISIS
The agent of Philip Roth and Salman Rushdie is not in good friends with Jeff Bezos and co.  Read»
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Markets Are Booming
Markets Are Booming
The Bank of Japan unexpectedly boosted QE, and equities around the world have risen.  Read»
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These States Have Reportedly Tried To Hide Scary Climate Data From The Public
These States Have Reportedly Tried To Hide Scary Climate Data From The Public
Climate change is a grim subject, with warming temperatures, melting ice...  Read»
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See Also
$129 Billion Worth Of New York City Real Estate Now Lies In Flood Zones
$129 Billion Worth Of New York City Real Estate Now Lies In Flood Zones
More than 84,000 buildings worth over $129 billion lie in flood zones in...
  Read»  
The US's Iran Outreach Shows Obama Hasn't Learned The Lessons Of The Beirut Marine Barracks Attack
The US's Iran Outreach Shows Obama Hasn't Learned The Lessons Of The Beirut Marine Barracks Attack
Last Thursday marked the 31st anniversary of Hezbollah's twin attack on...
  Read»  
Alibaba President: Our Sales Will Surpass Walmart In Two Years
Alibaba President: Our Sales Will Surpass Walmart In Two Years
Chinese e-commerce giant Alibaba said its online...
  Read»  
Slack, An 8-Month-Old App That Lets You Chat With Coworkers, Is Now Worth $1.1 Billion
Slack, An 8-Month-Old App That Lets You Chat With Coworkers, Is Now Worth $1.1 Billion
Slack, the app that lets you chat with coworkers, just announced that it...
  Read»  


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