Several other indexes are also rebounding. The s p 500 was up 14 points to finish at 1539, within striking distance of its record of 1565, set in 2007. We look behind the rally and these numbers with Barry Ritholtz, a market strategist, author and c. E. O. Of fusion iq, an Online Research firm. He blogs at the big picture. And Matt Phillips, who writes for quartz, a digital news site that covers the Global Economy for atlantic media. Is welcome to you both. Starting with you Barry Ritholtz, whats behind this sudden rise . Well, its a combination of a number of factors. First and fore most going to be really good earnings that weve seen over the past couple of quarters, past couple of years and a lot of this has to do with the massive intervention of the Federal Reserve. They kept rates so low its made it very inexpensive for corporations to borrow and invest and its created a lot of liquidity which drives equity prices higher. Ifill Matt Phillips, because of the intervention of the Fed
Floor for a vote next week. This was not ordinary hearing. Roughly 3,500 people showed up at the capital and 1,100 registered to testify. Wendy davis addressed those thousands of supporters at a rally monday. Lets remind governor perry that fairness is and always will be a fundamental texas value. It shouldnt be unusual for a public official to stand and fight for the men and women who elected them. It should be a job requirement. Davis, who shot to national prominence, is considering a run for governor next year. The odds are long in texas for democrats havent won statewide office in nearly two decades. Meanwhile, perry, who is already texas longest serving governor is going to announce on monday whether hell seek an unprecedented fourth term next week. Perry up 14 points over davis in a hypothetical matchup and also up 12 points over Republican Attorney general greg abbott. I want to bring in congressional reporter with talkingpointsmemo. Com and louis and Senior Adviser to the 2008
Reform going forward. And the possible implications for a novembers midterms. F but first we start a new hour with our top story, that is the growing scandal surrounding the Veterans Administration health care system. The top official stepping down over allegations of potential widespread mismanagement at the department dealing with those Health Claims that may have resulted so critics say in dozens of veterans deaths. Show the agency has denied that. The resignation coming just one day after that official test filed in front of a Senate Committee and he was set to retire this year anyway. But some law makes saying much more needs to be done as the Investigation Continues to grow. It is very doubling. Heres the latest from washington. They say much more needs to be done. But the white house is saying theyre waiting now. What are they waiting for . Yes, the white house says it wants to wait for a report the by an Inspector General on exactly what is going on in v. A. Facilities ash trou
Soon. Look what this guy was working on in my absence. Clever. Very, very clever. That cost me a lot of money. Those graphics dont come cheap. What do you make of this now whether that was the plan all along. I know the plan is, i think, by the way, no secret. The plan is single payer. Thats what they would love to do. The most watered down version. Thats their whole goal and this is the only way they could actually get to it this plan they went through. The Obama Administration bragging and the only one in 100 years that can do it. We all know the goal. As far as the individual sites, though, failing, i think its an embarrassment because you think of all the pressure that the white house has put on republican governors for not, you know, not playing along and not participating and setting up these sites, a big failure for a lot of these folks and going to a National Site that doesnt work. What do you think, dave . One of the boston papers is calling it the big dig two. A lot called it
Its story yet again. Lois lerners hard drive was scratched not destroyed . That and more ahead on a jam packed sunday morning futures. Evidence is mounting that russias proxy war in ukraine is becoming a direct war. The u. S. And. Ukraine accusing moscow of moving heavy artillery across the border. Straight to the pro russian rebels there. Ukraines president is now calling on the United States to take an even tougher stance against russia. And for europe to follow americas lead. So are World Leaders ready to isolate moscow . Congressman peter king is the chairman of the subhouse committee on counterterrorism and intelligence on the Homeland Security committee. Good to see you, congressman. Thank you so much for joining us. Thank you, maria. Good to be with you. Will this new video, this obvious evidence that putin is behind taking that plane down be enough to get the world together in isolating him . Maria, not unless the president of the United States shows real leadership, unless he