And thats whats driving the stocks of so many Big Industrial Companies Higher even as others sell off in a bizarre confluence of good and bad news thats mirrored in todays action with the dow struggling to stay positive, up just two points. S p dipping 0. 26 and the nasdaq getting crushed, down 1. 05 . In the last 24 hours, president elect trump has announced a bunch of probusiness cabinet picks while to spare jobs that would otherwise be lost to mexico. The result is that the markets anointing a whole new group of stocks, rotating into them while slaughtering others. So i want to explain why thats happening and how you can profit from it. So lets trace the narrative. First the picks trump announced today, Steve Mnuchin as treasury secretary, wilbur ross as commerce secretary, sent a huge message. People who are probusiness and thats who this administration is going to be listening to. Progrowth, projobs. Now, close viewers of this network know that wilbur ross is a pragmatic, crafty b
Reporter well, walter tonight, the dogs owner is thanking central detective here. Action news, and a good samaritan, who lost a lot of money. This little one has been a regular at mecca a salon on broad street in north philadelphia a hanging out with customers, going home with barber Henry Collins who bought him off a young man who claim to be a temple student. He said he was leaving for the the semester, and he could not take the dog home because of the airplane ride. Reporter that was a couple months ago. Fast forward to tuesday, and that is when collins saw an action news a report about the thieves who stole electron i goes abe a four yearold from a girard avenue home. Police were finally able to reheat Surveillance Video of the suspect from the july 30th burglary. Dogs name, cheesepa. They called her chichi, she was like oops. I said this might be the dog. Reporter central detective investigator pick up the dog saturday and check her micro chip. We have a match. And when he sent me
Double over the past two years. And tyler will introduce you to him. We have all that and more tonight on nightly Business Report for wednesday, january 15th. Good evening, tyler will be along later. Well, stocks are on a roll. Another tripledigit gain today for the dow blue chips and the s p 500 and the dow transportation index all rose to fresh alltime highs. And the nasdaq closed at its highest level in more than 13 years. It looks like stocks have shaken off the stumbling start to the new year. They got a big lift this morning, from bank of america earnings. The banks profits shot up eightfold from a year ago. Also helping . A big surprise boost in manufacturing and a World Bank Forecast calling for a stronger Growth Outlook not only for the u. S. , but the Global Economy as well. On wall street today, the dow jumped 108 points, the nasdaq was up 31 and the s p added nine points. John manly joins us, chief equity strategist at wells fargo funds management. John, is this really a tu
Double over the past two years. And tyler will introduce you to him. We have all that and more tonight on nightly Business Report for wednesday, january 15th. Good evening, tyler will be along later. Well, stocks are on a roll. Another tripledigit gain today for the dow blue chips and the s p 500 and the dow transportation index all rose to fresh alltime highs. And the nasdaq closed at its highest level in more than 13 years. It looks like stocks have shaken off the stumbling start to the new year. They got a big lift this morning, from bank of america earnings. The banks profits shot up eightfold from a year ago. Also helping . A big surprise boost in manufacturing and a World Bank Forecast calling for a stronger Growth Outlook not only for the u. S. , but the Global Economy as well. On wall street today, the dow jumped 108 points, the nasdaq was up 31 and the s p added nine points. John manly joins us, chief equity strategist at wells fargo funds management. John, is this really a tu
Morningstars pick for the top chief executive is a turnaround expert whose stock has more than double over the past two years. And tyler will introduce you to him. We have all that and more tonight on nightly Business Report for wednesday, january 15th. Good evening, tyler will be along later. Well, stocks are on a roll. Another tripledigit gain today for the dow blue chips and the s p 500 and the dow transportation index all rose to fresh alltime highs. And the nasdaq closed at its highest level in more than 13 years. It looks like stocks have shaken off the stumbling start to the new year. They got a big lift this morning, from bank of america earnings. The banks profits shot up eightfold from a year ago. Also helping . A big surprise boost in manufacturing and a World Bank Forecast calling for a stronger Growth Outlook not only for the u. S. , but the Global Economy as well. On wall street today, the dow jumped 108 points, the nasdaq was up 31 and the s p added nine points. John man