Nasdaq trading at record highs. The nasdaq up for a ninth day in a row. Some bullish action for the major averages. The dow up the least, up. 2 . Near session highs. Some bullish action as earning season is getting underway. Stick to the tech heavy nasdaq and the nineday winning streak. Cap tech the month of july has been very kind for technology and for the nasdaq. That pullback has been erased. June being the first down month for the nasdaq in eight months has also been erased. The certainty and bullishness for the highflying sector back on. These are the big highfliers today. Microsoft, apple commandments on microsoft will be reporting tomorrow. Therest of these companies following week and the first week of august. Investors are migrating back to the true and tried technology names. That is according to paul sweeney. We all think of 2000 as the big tech boom. This is the s p 500 informationtechnology index, we see the big boom, the bust and now, recently, the s p 500 index for tech
500 hitting new record highs today. Northern trust is also out with its annual fiveyear outlook for the market. Is bob us to discuss brown. Chief Investment Officer at northern trust. Thank you for joining us here. Ask you about what has been going on with politics. We have seen stocks continue to shrug off the events in d. C. Is the Earnings Growth we are seeing enough to continue to sustain stock gains . It is. Hink clearly a good policy coming out of d. C. Would be helpful. That is certainly the catalyst for the rally after trump was initially elect did. He caught the tail end of good Economic Data not just in the u. S. But around the world. The synchronized growth story really took the handoff from the political optimism to economic optimism. In order for the rally to be more sustained with more confidence clearly help from d. C. Would be very welcome. Julie this fiveyear outlook that you have, one of the themes is entrenched growth. What does that mean . What kind of pace of growt
Nasdaq trading at record highs. The nasdaq up for a ninth day in a row. Some bullish action for the major averages. The dow up the least, up. 2 . Near session highs. Some bullish action as earning season is getting underway. Stick to the tech heavy nasdaq and the nineday winning streak. Cap tech the month of july has been very kind for technology and for the nasdaq. That pullback has been erased. June being the first down month for the nasdaq in eight months has also been erased. The certainty and bullishness for the highflying sector back on. These are the big highfliers today. Microsoft, apple commandments on microsoft will be reporting tomorrow. Therest of these companies following week and the first week of august. Investors are migrating back to the true and tried technology names. That is according to paul sweeney. We all think of 2000 as the big tech boom. This is the s p 500 informationtechnology index, we see the big boom, the bust and now, recently, the s p 500 index for tech
He has incredible array of very experienced prosecutors coming along with him during investigation. Is certainly shows that the avenues of his reach are going broad. That is complicating for donald trump. People have no idea how is. Essful this its a great company. Also in the course of that conversation with the New York Times. The president talked about attorney general Jeff Sessions. He said acknowledge to them he knew attorney general Jeff Sessions would recuse himself, he would not have appointed Jeff Sessions to that position. We learned today that jeff not intend to step aside. Attorney general jeff earlier today. He plans to stay on board trumpspresident telling the New York Times last evening, he does not he would not have offered the job to attorney general Jeff Sessions. If he would have known that then sessions would have recused himself from russia. All of this still suggesting the president will not be silent from russian medaling. This comes as Jared Kushner set to meet
Bloomberg skip today. Robert mueller, the u. S. Special counsel, is said to be expanding his investigation to look into president Donald Trumps financial dealings. His new approach to the probe could trigger a response from the president , who told the New York Times that any digging into matters beyond russia would be out of bounds. However, we have been hearing from lawmakers on capitol hill today. Just listen into what democratic senator Amy Klobuchar said earlier. Mueller has the right to investigate this. He was given that authority by the justice department, and he reports to the justice department, and not to the president of the united states. Julia joining us now, one of the reporters who broke this story. Great to have you on the show. You called it a follow the money investigation. To what extent really is this now about russia, and to what extent is this about other dealings that donald trump has had . The whole thing is about russia. This portion of it, though, deals more