Positive as youll see right there, but not too much. Although uk actually having a fairly good morning. Japan not so much. Problems toshiba certainly weighing on that market. As for our tenyear note yield this morning in crude oil, which we always like to show you, 2. 556, and wti up ever so slightly. David, our road map for the hour begins with the dow on the edge of market history again. Futures higher. Will today be the day . Plus, some new Holiday Spending data suggesting a late december boost. Wall streets top picks going into 2017. And amazon crowned ever cores top internet pick. Did the company do enough to win christmas though . But first up, the trump rally, thats what we call it now, and the march to dow 20,000. That continues for yet another day. Futures as you just saw are higher, certainly would indicate we will be close at the open. The dow aiming for its eighth straight week of gains. And, well, what else, of course another tweet on the markets from president elect donal
Stocks, the dow with the eightday win streak but futures point to a lower open as investors await fed minutes. Plus carl icahn stepping up bristolmyers, the activist takes a stake in that company. Is it headed for the Auction Block . And the new face of the s. E. C. Promising deregulation and increased competition, fcc chairman ajit pai is going to join us live in just a few moments. First up though, the watch is onto see if there are more historic moves ahead for stocks today. The dows coming off an eight Straight Record close after hitting their own alltime highs. The s p and nasdaq each hosting gains in nine of the past ten sessions. As we said earlier the s p up more than 10. 5 since the election. A lot of discussion about shillers p e ratio, jim, investors paying more for a dollar of earnings now than they did at any point leading up to the crisis. I struggle on that. I was on the walmart call and home depot call, there are some dow stocks and these quarters are so much better tha
Thanks to Courtney Gibson for being here and all of you for watching. Power lunch starts right now. We wont let money be wasted anymore. Those word weiss just heard from President Trump. A big budget meeting is being held right now at the white house. Well talk about that and so much more with Grover Norquist. Americans for tax reform. Are we finally going to get it . Get ready for serious sticker shock at the Grocery Store. Imwill President Trumps immigration plan hit as hard as some may think . Made in america is alive, but far from well according to one sector. Two busy hours of power starts right now. Once again, welcome to power lunch. Im tyler mathisen. Down. 7,. 6 for nasdaq. In the green today. Today is the 51st session that s p has failed to move in either direction. Heck of a stat, tyler. Thank you very much. I am brian sullivan. Exist i existing home sales, number tripling expectations. Wow european antitrust regulators are set to okay dow chemicals 130 million merger with d
Well debate whether this type of promotion can give the fastfood giant a boost like all Day Breakfast did. Tesla set to report earnings after the bell among others. We have a Hedge Fund Manager who says that stock is the single Biggest Company stock bubble going right now. An under the radar story, how judge judy is looking to make hundreds of millions of dollars off reruns. You have to hear this one. Coming up. Judge judy. I guess people would binge watch that. Funny you should stay that. Starting with President Trump and the federal budget. Eamon javers at the white house with a recap of the meeting today. Weve got cameras into the meeting to see the top of it. We saw treasury secretary Steve Mnuchin and Jared Kushner gathered around the table. He gave us a hit in terms of what general direction he is going. Here is what the president had to say earlier today at the white house. Unfortunately, the budget that we are inheriting essentially inheriting is a mess. The finances of our cou
A, hell tell us why he made the call and mouch more pain he sees ahead. But first, we start off with President Trumps words late in the trading day that took oun Retail Stocks. Courtney reagan has all the details on that developing story. Reporter hi there, melissa. Late Session Movement in the Retail Stocks happened on headlines from a reuters interview with President Trump with comments about the border adjustment tax. So the president says, quote, he supports a form of tax on the border and that a border adjustment tax could lead to more jobs in the u. S. As Companies Come back and build their factories here. President trump previously told the wall street journal the republican proposed border adjustment tax was too complicated. Trump said the administration would tackle tax reform after obamacare. The xrt retailer etf took a tumble on the comments, closing down 2. 3 . You can see the leg down clearly in this chart. The American Apparel and Footwear Association says that 95 of u. S