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Midday Market Report: 2/29

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  • Description

    U.S. economy grows more than expected

  • Duration 1:39
  • Date

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Good morning finally the Dow Industrials close above thirteen thousand for the first time since before the collapse of Lehman Brothers back in 2008.

Investors focus on the strongest consumer confidence reading in a year fueled by an improving job market.

And it's also important to point out that the tech sector has outperformed so far this year the NASDAQ is at its highest level in a decade.

And pushing closer to the 3000 level.

This as apple reached 500 billion dollar market cap after the closing bell yesterday it's one -- six companies to have that distinction.

The Food and Drug Administration adding a warning label to cholesterol lowering drugs including Blockbuster Lipitor and Zocor the drugs are used by tens of millions of people.

Domino's Pizza shares surging 16% yesterday on quarterly profits that grew by a third.

The pizza chain has focused on new menu items like artisan style -- And growth overseas its rivals Pizza Hut and Papa Johns has focused on price cuts instead.

Talent management firm Korn ferry says president's -- just like CEOs.

More than half the qualities they seek out in an ideal chief executive.

Our skills also needed for president.

Over the last decade a third of fortune 500 CEO have lasted less than three years.

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

In New York online and in --

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