Nasdaq advancing 6 . But we didnt get what we need, which is another reason to buy stocks here. This morning and last night i went over about 300 different stocks, 300, with an eye to finding new names to introduce to the actionalerts. Com club every month i give a talk where try to offer club members at least one new compelling idea. And you know what . How many did i find out of the 300 . Four yeah, thats right only four stocks only four out of 300 passed my test why am i being so selective . Let me walk you through whats worth buying in this treacherous moment first, i dont need stocks that need a trade deal to go higher as the trade talks with china drag on, the list of casualties grows longer and longer. Earlier this week we spoke to the longtime ceo of Emerson Electric he knows more than all of us i think he might be willing to break up the business, literally split it in half i love breakups. They tend to be fabulous for shareholders but does that mean you can buy the stock of e
Good morning, the subcommittee on communications and technology will come to order. And the chair recognizes himself five its with the statement. I begin thank you very much to our witnesses for being here today to examine the importance of a. M. Radio receivers in vehicles. A. Im radio has been an integral part of our society for well over a century, and at the americans local news serving is the backbone to our nations Emergency Communications infrastructure. Over 45 million americans tune into a am radio each month, they rely on it for local news Weather Sports and Emergency Alerts its unique frequency characteristics allow for signatures grabbed foreign wide overcoming geographical barriers and reach in both urban and remote areas. This makes a am radio and a valuable tool during times of crisis. When hurricanes, tornadoes, and other Natural Disasters strike, and am radio remains steadfast providing Vital Information to those in affected areas when other Communication Channels fail
Advertising deal with openai, and as dom said, gameshop shares tumble. Take two cuts its forecast in what it calls challenging times. Lets begin with markets a day after the dow hit 40k for the First Time Ever on pace for its fifth week of gains. What did you make of all the fuss yesterday . I thought this was one of the broader attempts at a major milestone. And what led it was just incredible. I mean, youre dealing with a level of broad that what let me tell you, the most important thing was rates had only something to do with one stock out of ten. You could pin on rates. I think thats very important. I do believe most of these companies are just run by ceos that dont get enough credit. Its amazing to me that we simply are always willing to consign, i think thats because of the nonsense risk on, risk off, thats just something that came up to confuse the viewers. Im not crazy about it. I think whats happened here is when you get a guy like solomon, and he realizes, you know, goldman i
Will the free democrats be able to and green party for my deal with that . Democrats this is bloomberg surveillance. Im mark martin in london. Equities, seven days of decline before today. Sinceosing streaks november last year. The streak has ended one hour into the thursday session. Stocks are up hundred, buying 4 10 of 1 . Sterling lower, the dollar falling for its first day in three. Retail sales data across the bloomberg terminal terminal, down roughly. We will bring it to life. Nflation tuesday german 10 year yield up today. 39 basis points, rising for the first day in three. 48 basis points before the ecb. In october, 26. That puts it in perspective. Its come down since then. Oil is up, 55. 35. U. S. Rose,in the extending its record run. But get bloomberg first new first word is with sebastian selleck. Sebastian ron johnson has become the first republican to oppose the gop tax plan in the senate. He says it doesnt do enough for a lot of businesses. That came as house leaders clea
The issues that have powered so much of this years rally. Today the Dow Jones Industrial e advan 187 points to 23,458. Nasdaq up 87 points to close at a record. And the s p 500 added 21. Our bob pisani has more on what took stocks higher. Reporter stocks rallied big time today, reversing six straight down days. What happened . First, washington did something. The house passed its version of a tax reform version. The senate still has to act but any progress on tax reform say cause to celebrate. Walmart and cisco had big earnings beats. Procter gamble moved up because nelson peltz finally appears to have won a seat on the board. High yield bonds turned around. The high yields markets often considered a proxy for investor willingness to take risks. That market has been weak for a couple of weeks now. The weakness has been in Telecom Companies which have faced difficult times. Once they stopped dropping, high yield markets started to stabilize. Im bob pisani at the networks for nightly bus