Heard got a new round of stress tests coming out at 4 30 p. M. Eastern. Those results are what investors in the financials and, frankly, in the broader indexes have been waiting for. Will banks be able to up jury dividends, return capital to shareholders and should they . The results could move the bank stocks big time in either direction. This used to be the biggest dividend paying sector of the market. Well have the results and the fallout to you first. Leading up to it they have been pretty strong. We will shake things up after the close with shake shacks first Earnings Report as a publicly traded company. The popular burger joint took wall street by storm on its ipo day at the end of the january. Remember that day there, kelly . The crazy line outside the exchange when they set up a mobile restaurant and people couldnt get enough of the free burgers that they were handing out that day. That first day performance wasnt bad either. After that and the Strong Performance across the res
What would that do to investor euphoria . Well talk about that, coming up in a moment. Theres another entrance into the fast food space today. Bojangles. Take a look at that huge first day move soaring on this first day of trading. Up. Weve seen that menu before. Ha, ha, ha. Were here for two hours, folks. Uber may be looking to ditch google maps and, get this pay 3 billion with a b dollars for another service. What are they going to get for 3 billion . People gave it to them, apparently. All these crazy ams of money another story we talk about all the time. In the markets, the Dow Jones Industrial average close to the highs of the session, higher by 271 points a gain of 1. 5 . S p is also higher by more than 1 . So is the nasdaq. Nasdaq is up 53, almost 54 points. Were still talking about whether or not it could regain this 5,000 level. Its recovering at 4,999. Gosh. Good chunk of the session. All right. Lets get to our Closing Bell Exchange today. A lot to get to with our guests. We
Outbreak . We speak to the companys ceo, coming up. Also lyft you know, lyft are raising another 150 million right now, the majority coming from carl icahn. Coming up well discuss how much this cash and icahns name can help lyft compete with uber. More of those puns are awaiting us. The story today, bill that has everybody talking from Silicon Valley to back here on wall street. What are carl icahns intentions and what does it signal about the prospects for these two in the markets . Exactly. The dow, well start with the blue chips there, up about 3 points. The s p roughly flat. Remember yesterday with the close of 2121. That was a new alltime high for the index. The dow is still 30 points away from where it needs to be. 18,288 is the number we need to keep an eye out for. 33 points shy at the moment. The nasdaq slightly under pressure and still has a few points to go as well if it wants a new high water mark. This is the third friday of the month, therefore, it is expiration day as we
Then when more word got out object this story that it was actually a ship flying the Marshall Islands flag not the u. S. Flag ally of ours but its not our ship market came back again and resumed the day as if nothing happened. And yet that still tells you something about where the markets worry spots are. Meantime apple hit an alltime high today on the back of its blowout Earnings Report. That was early on. It has since moved lower. Its down 1. 9 now but we have the details plus why you might own apple without even knowing it. Earnings also getting a boost from obamacare. Rising drug prices could be cause for concern. We have the aetna ceo joining us with more details. I love this story, we both do. Would you trust a robot with your financial future . One Hedge Fund Manager says that day is coming sooner than you think. We have more on that story. Both sides, the Hedge Fund Manager who likes the idea we have a fund manager who really really doesnt like that idea. No robot joining the s
Symmetry Investments LP trimmed its stake in shares of KraneShares CSI China Internet ETF (NYSEARCA:KWEB – Free Report) by 79.0% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 48,350 shares of the company’s stock after selling 181,650 shares during the quarter. Symmetry Investments […]