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Morning Business Outlook: 2/17

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  • Description

    Investors cheer positive data on employment

  • Duration 1:09
  • Date

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Good morning the Dow is 96 points away from thirteen thousand as sharp and broad based rally yesterday lifted the blue -- to 121904.

The NASDAQ rallied to a twelve year high and the S&P 500.

It's at its highest level in nine and a half months.

Investors cheered positive data -- unemployment inflation and housing.

That overshadowed a warning by Moody's ratings on a handful of U -- banks including Bank of America which rallied 4% at the end of the day.

We're paying our mortgages on time the Mortgage Bankers Association says the delinquency rate on home loans fell to seven point 58%.

At the end of last year meanwhile mortgage rates hitting another record -- King sized candy bars have too many calories Mars the maker of Snickers and -- will no longer sell famous chocolate servings.

Of more than 250 calories by the end the year.

And for the first time Groupon is charging for it services it's offering members -- select market access to deal as early as well that has to sold out deal.

For annual fee of 2999.

That's business for more of the day's top stories -- on foxbusiness.com.

In New York online minute.

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