The s p hitting another record high yesterday. The 16th of this year. The s p futures indicated up 12. Dow futures indicated up 27. Nasdaq futures are indicated up, too. This comes after gains for the s p and nasdaq of more than 1 . Pushing both indexes to record highs. Dow closing higher. It was up 130 points yesterday. A lot of this came after what we heard from jay powell. He was speaking again before congress and yesterday he said this is key. Yardeni pointed this out. Powell said we are waiting to become more confident that inflation is moving sustainably at 2 . It will be appropriate to dial back the level of restrictions. That is what the market heard. Not far from it. As a result, you saw treasury yields pull back. The tenyear yield at 4. 07 . The twoyear yield at 4. 49 . It is interesting because it is all based on inflation. We havent even any definitive proof that the economy is going to fall off a cliff. Maybe we can get that today. Maybe he knows something. When he said we
Can you hear me . Can you hear me in the back okay . Good morning, im tom perez. Its an honor to be here. I see a bunch of serial activists in the audience so i know im in the right place. So thank you again to our members of congress who are here. Thank you to our other leaders who are here. This has been a great morning, and you heard from the boss here. And hes all in. And this is a joint venture. We have a great panel here. So i want to keep moving. You know, when i heard the president say there was a lot of focus on what i call the two ps, promoting access in the retirement space, and the president has been taking action on that. Hes directed us to take more action to facilitate that. The Treasury Department has already taken action on that. And the my ra space kl is diana grady here, by the way . Oh, youre in the way back. Wow. You got the uecker seat there. Okay. Diana is a Small Business owner who encouraged her employees to participate to help strengthen their retirement secur
Auction the gun that killed trades on martin. Instead grab designing a logo and fans are not too happy. The element controversy ahead. And out you have Something Else to get upset about . Nothing to be upset about in these markets. Brother though with the kb and exception up half of 1 . Stocks coming off early losses now covering the flat times. The dax is up 1 on most. Looking to rebound after the sharps allowed to 200point drop on the dow. And now we have 86 point gain in the dow futures. Here at me all morning long, republican pollster lee carter. Im sure she has something to say about this meeting. Focus group here also at risk of capital who can talk about just about everything. Childrearing, you name it. We have a cap lineup this morning. Allen west is here. Trent campaign cochairman sam clover is even making wall street journal today. Comments made about reform in entitlement. We will dig into that. Tina friedman did not start president , former george w. Bush political direct.
Citigroup s new head
of wealth, Andy Sieg, further reshuffled his leadership team on
Wednesday and reiterated financial targets as the bank seeks to
attract more of its clients investment assets. .