Stock Market Hits Milestone, Obama's Ratings Up05:12


The U.S. economy is on an upswing.

Yesterday, the stock market rose above 18,000 for the first time, as growth expanded at five percent, its strongest pace in over a decade.

And President Obama may be getting some credit for this gains: three new polls - Gallup, CNN and Rasmussen polls - show his approval ratings are up. Rasmussen reports 48% of likely U.S. voters approve of the President's job performance

CNN's poll showing President Obama's 48% approval is its highest in CNN polls since May 2013 and a 51% of Americans have a positive view of the economy.

CBS News business analyst Jill Schlesinger tells Here & Now's Jeremy Hobson what's driving the surge in the economy and what it might mean for investors.


This segment aired on December 24, 2014.

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