Dow gains 42 ahead of jobs report; Apple hits record high
CBS News
Transcript
[Music] investors get back to work today after a long break for the July 4th holiday they'll be watching oil prices as we get the latest look at us stock piles and they'll be looking ahead to tomorrow's all important jobs report analysts think 130,000 new jobs were added to the economy last month that keeps the unemployment rate steady 4 and a half% on Tuesday the rally stayed alive despite some disappointing news on the housing and auto markets the Dow gained nearly 42 points NASDAQ closed up more than 12 keep an eye on shares of Apple today the computer and Gadget maker continues to cash in on strong sales of the iPhone sending the stock to a record high Tuesday General Motors banking on big box office numbers for the Transformers movie that's because the Blockbuster gives GM one of the biggest product placement opportunities ever a Chevy Camaro plays the role of Bumblebee upon TX Souls just plays Jazz the Hummer h 2 will be ratchet and the GMC top kick truck plays Ironhide experts say the payoff for GM could be huge with the added exposure of video game and toy tie-ins and that's your money watch long at to cbsnews.com for more in New York I'm Stacy Tisdale