Mark short revealing the president plans to sit down with paul ryan and mitch mcconnellc at camp david next month. After that, roll out this big bill. I think you will see the president roll out infrastructure plan in january. And the president has already invited leader mcconnell and speaker ruane to camp david officers weekend in january to make sure what our priorities are in 2018. Not a lot of details with this one, david. But we sort of know the general themes, a trillion dollars. When you break undo the numbers the administration wants 200 billion in federal money. The other 800 billion trying to incentivize local governments to build up Public Private partnerships as well. They think they can bet democratic support with this because infrastructure is normally bipartisan. Democrats look at different prism as well. They want some, a trillion dollars in federal money. There is a bit of a gap there. When they roll this out come 2018. We well see how the politics shake out. A lot of
David believe it or not, we may top 300, trading, just popped over 300, 304, 307 and continues to go up so were settling up today, that is always a good sign. Look down here, number three on the list, the tech heavy nasdaq really popping. A lot of other stocks to look at, but all of these, what a wonderful way to start the new year. Lots of people locking in their gains last year, the lower tax rate, a lot of people said they would buy it, and that looks ite exactly what is happening but we have to focus on the nasdaq. Liz the small and midcap index shooting up so high today, that is a record close and the last one april of 2011, so those names looking very good and for people who sold out and got out of stocks, they were losers today, they missed a major rally particularly in the small and midcap names. David oil got a nice pop today, congratulations to you settling higher by 1. 4 closing about 93 per barrel. Liz the rally started overseas while many of you were sleeping, germany did
Quarter rose at its fastest pace in 3 and a half years. And in another split, new home starts fell in december but, were up for all of 2013. All of this resulted in, well, a split close in the markets. The dow closed up on friday while the nasdaq and s p 500 finished lower. Gold took a 13 dollar an ounce leap and oil futures closed friday at a 2 week high, just over 94 dollars. Traders are still digesting the impact of the president s announcement that he will limit the vast sucking up of data of our phone calls. Intel is cutting jobs. The pc maker says it will fire 5 of its workforce as it transitions into new markets amid a slowing pc market. And freedom industries, the company that fouled the water supply in charlston west virginia. Also still it has filed for bankruptcy. The chapter 11 filing estimates the companys debts to be around 10 Million Dollars. The Chemical Spill caused 300 thousand people to be without water for several days. Lets find out now what this holiday shortened