So the market likes that part of it. As i said, were waiting for President Trump. He is speaking with reporters right now. We should have play back of the comments any moment as we start the hour with blake burman on the president. Some of the comments, im looking at headlines around the building where youre standing, comments on taxes interesting. President as usual making a lot of news. Bring us up to speed. Reporter the president you remember yesterday, connell, he gave idea, would endorse the idea of indexing Capital Capital gains that would be a tax cut for the wealthy. Were hearing President Trump might not be supportive of it. On the south lawn as the president is leaving right now, he just told reporters quote im not looking to do indexing. It is perceived as somewhat elitist. He want tax cuts for middle class, people who work so hard. Indexing is better for upper income groups. Connell, tough to figure out where the president and this white house lan on tax cuts. Just yesterda
Today. Retailers helped lift investor sentiment. Yes, retail. That same sector thats been struggling to keep up with fastchanging consumer behavior. Four of the five best performing stocks in the s p 500 today were retailers. Then theres the bd market. The yield curve inverted for the second time in a week. Late today t t yield on tenyear treasury bond dipped below the twoyear yield. That also forecasts a recession, and thats when it happened last week the dow fell by800 points, but not today. This time stocks held on to their gains. Fact, the dow was up more than 240 points. It closed at 26,202. The nasdaq was up 71 and the s p added 23. Ail so lets start with r and targets surprise quarter. The big box retailer blew past every wall street estimate focast thrown at it, and thats not something that you hear very often when it cometo retail, which has seen a number of Traditional Stores struggle to figure out whatsu crs want. Target soared 20 , its best n oneday g ever. Its market cap i
Uropy today for ve continues. Host welcome back. We are joined now by the cofounder of tea Party Patriots. Welcome to the program. Guest thank you so much for having me. Host telus a little bit about your organizatn an we are tea ps action. We also have a super pac, t Party Patriots Citizens Fund and in our super pac we have endorsed donald trump for president. As far as we are funded, we are funded mostly by small donors but we also have a few larger donors now. When we first sexclusively fundl donors. We are 15 years old, we just began the beginning of our 15th year at the end of on tax day itll be the 15th anniversary of Tax Day Tea Party beginning in 2009. Why did you start the organization . So back in 2009, we had the stimulus bill passing, which was end of january and february and happened in 200 and if you recall during thestimulus bill and going in on the floor of the chicago america tile exchange had Chicago Mercantile Exchange and trading over and we founding father did and
, they are restoring damage after recent attacks by militants on the graivarna outskirts, they have resumed the supply of electricity, they are also laying out new communication lines, and sappers are clearing the territory of unexploded ordnance. The us congress will vote on a bill to help the kiev regime in this saturday, and republicans agreed to consider the document after democrats split their support for ukraine and israel. The money will be given on credit, but. The guilt of the us debt can be forgiven. Russia has proposed introducing sanctions against violators of the Un Resolution on the conflict in the gas sector. This initiative was put forward at the subvisa meeting. The document, adopted in march, demands an immediate ceasefire. Residents of thirty five settlements are being evacuated in the tyumen region; there are already three areas in the flood zone. People are taken out in advance. There is a risk that hydraulic. Is now 418, that is , there is no threat of flooding ye
Its the latest runup or the least runup is as a result of strong growth strong profit and until last night it looked like a sure fire yes on tax cuts. Theres new momentum begun this morning, however, on the tax plan. And ron johnson and both smart and both republicans they are now a yes. Add that to the news from kevin earlier and we could see history unfold again on this program this morning. Now this it was not murder. It was not manslaughter. The jury has decide that when jose shot and killed kate steinly it an accident now wera Financial Program but we deal in politics and we will be covering extensively sanctuary cities in my opinion allow this outrage to happen. Varney company is about to begin. Im going to start with the markets because thats the all important factor on todays program and looks at them down 2 points for the dow industrial. Clearly off their lows down over 100 much earlier on this morning but remember were following a huge record close yesterday. Way over 24,000.