Good tuesday morning. Welcome to squawk alley. Post nine. Obviously a major rally on our hands again this morning. The nasdaq hitting 6,000 for the first time ever. You have facebook, google, netflix, microsoft, a number of other names hitting alltime highs. The broader averages seeing big backtoback days of gains. Joining us to break it all down is our Senior Market editor. First backtoback 200point gains since election, november 8 and 9. The dow outperforming a little bit today thanks to caterpillar, but i do think its interesting. Yesterdays move i thought was a little bit too highly calibrated. It was a quick 1 . It just sat there all day. Didnt feel as if people were confident enough to say this was the start of a run back to the old highs. Today is different. Its more based on corporate fundamentals based on the fact that the market didnt just make it a oneday wonder and well look for followthrough. S p 500 up half percent within a few points of its high. We wonder what the washi
And weve got someone who says its time to fade the growth driven fang stocks that are in the nasdaq composite. Hell explain why in a little bit here. Home builders are under pressure today after President Trump slapped as much as a 20 tariff on canadian lumber. More on that plus the president meeting with farmers at this hour to sign an executive order in just a few moments, of course, well bring that to you live as soon as it is released. And transportation problems, shares of ryder system hit hard today, down 12 , the ceo of the Company Joining us to explain why this business is under pressure. They were almost 100 stock two years ago. Now they trade at 69. The Trump Administration is considered friendly for truckers, deregulation, infrastructure. Just the economys hot. Talking about all of this. After the bell, big earnings for at at t, numbers and analysis for you after the bell. Beginning with the market, nasdaq hits 6,000 for the first time ever, dow revisits 21,000, and bertha i
58 west at 20 miles an hour, a cool pattern. That fire at napa has 93 humidity at 49 degrees, and the wind is not that strong, northwest at the airport, 17 at fairfield with cool temperatures, upper 40s and low 50s around napa, calistoga 51, 54 eight san rafael. A lot of locales and fog in the mix 54 eight san rafael. A lot of locales with fog in the bigs, and the low clouds and fog giving way to the sunshine, increasing clouds tomorrow with rain thursday afternoon. Everybody on friday. 50s, 60s and 70s. One word, closures. It drives you nuts. On certain teams, that is correct, some teams more than others. If you watch the baseball and the entire season, your closer will give it up one day and you will be upset. Good morning, lets take a look at 580 westbound from 205 on the 580, and the commute will be slow over the altamont pass. It looks a little bit better by the time we reach the livermore valley. Looking good through the dublin interchange. Lets move along and look at interstate
The Lehigh Valley and much of the area, was under a freeze warning, katie is tracking our next chance for rain h could see snow and ice tomorrow . Good morning, im rahel solomon. Im jim donovan. But first heres what you need to know to start your day in the morning minute. One person is dead following an overnight house fire in Chester County. House is located in the wooded area but water tankers had to be brought in. Real fight is what happens when tv cameras are off. Emotionally charged hearing focuses on discrimination in the lb gt community. Philadelphia commission on human relations held last nights meet to go hear complaints about racist many in neighborhood bars. Clinton campaign is making more stops in our area today. Pick up endorsement of former secretary of state colin powell. Trump is warning a Clinton Presidency will lead to world war three. You may all know me as lady gaga but tonight i am making haha. Donald trump is launching knightley news show on facebook which will s
Ceremony for his Newest Luxury Hotel on pennsylvania avenue in the shadow of the white house. And this evening he travels to north carolina. We got the latest now from craig boswell. Reporter donald trump is opening his brand new luxury hotel here in washington, d. C. The morning ceremony at Trump International hotel also provided a stage for some protestors. Its up to the Trump Organization who gets to stand on this public plaza. Reporter trumps sh comes as early voting is underway in many states. There are 13 days left. Most americans are going cast their votes on election day. And we never are going to win this election because enthusiasm, momentum. Reporter the new hotel is less than a mile from the white house but the route from here to the oval office could go through florida. The path would be much harder without florida and thats why you are going to see him but were going to win florida so its not even part of the calculation. Reporter the latest poll in lead is within the sur