MarketWatch for Thursday, January 2, 2014

By CBS News

Published 01/02 2014 05:30AM

Updated 01/02 2014 05:32AM

The Nikkei closed up 112 points on Monday, the last day of trading in Japan.
On Wall Street, the Dow closed with another all time high Tuesday, up 72 points.
And the Nasdaq gained 22 points - for a 38% increase for the year.


Wall Street returns to work this morning for the first trading day of 2014.
Investors will be eager to see what the new year brings after a record setting 2013.

Later this morning the latest numbers on construction spending will be released.
Last month construction spending hit a 4 and a half year high.
And new homes are a major reason why.   November saw a 23 percent boost in new home building.

Pretty soon the cars we drive may no longer need a driver.
You've probably heard of experimental cars that can drive themselves.
Auto industry consultant i-h-s automotive believes they will soon become a reality.
The group predicts self driving vehicles will account for 9 percent of global sales by 2035.

Today millions of Americans are working to fulfill their new year's resolution, and many include finance.
USA.gov says some of the most common resolutions are save money, get a better job and get out of debt.
And it's a happy new year for the roughly 2.5 million Americans making minimum wage. 13 states, including Missouri,  just raised workers pay above the federal level of 7.25 an hour.


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