More on those headlines still ahead. Many americans will start seeing the into their bank accos and thank you for joining us this week. This morning here on today in the 2 trillion stimulus bill the bay. Im marcus washington. And im laura garcia. Excludes tax paying immigrants i hope everybody had a great who dont have legal status. 4 million children of those easter. I want to check the forecast workers are also excluded even now. It was glorious yesterday. Though many are u. S. Citizens. Good morning, kari hall. Democrats introduced legislation to help those immigrants get good morning. Yes, we are starting out with cool weather for the bay area. Relief. And Contra Costa County after a nice weekend and a few supervisors tomorrow consider a motion to request californias spots getting rain we are going fall election be by mailin to have another chance to dry ballot only. Out you had to. As we get a live look in dublin Santa Clara County is already right now our temperatures in looking
Good thursday, everybody welcome to power lunch lets take a look at this record rally. All three major indices at new high the dow is up 21 in 2019. The s p up nearly 28 and the n nasdaq up 33 just this year were in the green today check out some of the new highs across the board micon, citigroup and kellogg joining that party ty thank you very much with a few trading days left in whats been the best year for the market since 2013, bob is at the New York Stock Exchange with a look at what worked in 2019. Hi, bob. A lot worked. Thats the good news the rally has opinion fabeen fa but dont kid yourself top 23 stocks in the s p 500 all were up. All 23 were up some of them were up really big. How big . S p 500, up 28 . The top ten stocks by market capitalization were up more than 40 . That means as they get bigger, those stocks have more and more influence on the s p number one, nothing knows bigger than apple this year look at this, 77 . Thats not a typo. How much is that thats 800 points
The u. S. Rating. No surprise there. History in the making President Biden would become the first sitting president to visit a piblt line hes planning to join strikers as those workers of the big three hit 12 days of walking out on their jobs. Lets begin with the markets on track for a lower open on this tuesday jim, youve been watching yields, of course. You commented this morning about the 20year in particular. Yeah. I think weave been going toward ive been saying this to club members a lets just say the opposite of an inverted yield curve t inverted is what im calling it youve got 4. 8, a 5. 3. What i think can happen is on the 20year you can usually get 6. Lets say Neel Kashkari is right, one hike. Then you have no more inverted yield curve. The problem is that when i go over stocks, locking in a 4. 8 is considered to be really pretty terrific. Its not bad. Its not bad. 4. 5 for ten years is not terrible either. People are looking at it. Go back 16, 17 years, wow, this is a great r
Course, and also snapchat. Highlights from that interview and i did a little golfing, yes, golfing, nfl great joe montana, and he said i was standing on the wrong he said i was standing on the wrong side of the ball. Yes, we were trying to get it in the clowns mouth. Are you lefty how long have we been working together anyway, well see who won that putting contest. Who you betting there on there i know who my money is on well see, thats coming up we begin in washington, Janet Yellens testimony wrapped up a couple hours ago before the House Financial Services committee, we are joined with some of the highlights kelly, this could be yellens last two days of testimony on the hill her term ends early next year. And politico reporting that nec director gary cone is the front runner for her job when pressed by lawmakers on this question, yellen trying to deflect them. I absolutely intend to serve out my term. Im very focussed on trying to achieve our congressionally mandated objectives, and
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