They had reached a deal to end the federal government shutdown. Late today, the measure was passed to fund the government through february 8th. An update on economic Global Health powered higher and theres a lot to feel good about, things like tax cuts and Global Growth and rising sentiment. So, final numbers, the Dow Jones Industrial average advanced 142 points to 26,214. The nasdaq added 71 and s p 500 was up 22. Well, as stocks climbed today, so did bond yields. In fact, the yield on the tenyear treasury climbed to a threeyear high today and thats garnering a lot of attention from investors. Mike santelli explains. Could this be the unstoppable stock market rally . This is the big question after it rose 2. 6 this month and approaches a fouryear high. The bond yields will spell trouble for stocks and depends on several variables. How far will they rise if they rise at all . For years, wall street has predicted the treasury would hit 3 and that hasnt happened since early 2014. How fas
Tax cut. The president promises a middle class miracle. Claims the wealthy wont pay less in taxes. And its not good for me. Believe me. Thats not true. The details we have show big benefits for the top 1 , including President Trump. A tax hike for some in the middle class. And trillions more in debt. Tough questions ahead for treasury secretary steven mnuchin. Well break down the politics. Smoke out the spin. The facts that matter this week. Good morning. Before this week, President Trump got some pretty high marks for how hes handled the devastating hurricane season. On the scene in houston after harvey. Florida after irma. Earning praise from local officials and a bit of a bounce in his approval ratings. Then came marias cataclysmic hit on puerto rico. A category 4 storm that destroyed so much of the island. For days, the president was silent. He played catchup much of this week. Saturday morning, this storm on twitter. The mayor of san juan who was very complimentary only a few days
The president promises a middle class miracle. Thats not true. The details we have show big benefits for the top 1 , including President Trump. A tax hike for some in the middle class. And trillions more in debt. Tough questions ahead for treasury secretary steven mnuchin. Well break down the politics. Smoke out the spin. The facts that matter this week. Good morning. Before this week, President Trump got some pretty high marks for how hes handled the devastating hurricane season. On the scene in houston after harvey. Florida after irma. Earning praise from local officials and a bit of a bounce in his approval ratings. Then came marias cataclysmic hit on puerto rico. A category 4 storm that destroyed so much of the island. For days, the president was silent. He played catchup much of this week. Saturday morning, this storm on twitter. The mayor of san juan who was very complimentary only a few days ago, has now been told by the democrats you must be nasty to trump. Such poor leadership
Hell tell you why, he debates whether hes rights. Heb it was amazon, it might have been apple too, netflix, apple is hitting an alltime high. 156 a share. Well have those details coming up. And then a rare interview, she was the first woman to head a Hollywood Studio back in the day, not too long ago. Sherry lansing will join us. There is a new buy biography about her i cant wait to talk with her on what shed do today. We have mothers day this weekend, may be a welltimed placism of the book, maybe a good gift. I see youre selling the book now okay. I just realized that would make sense. Yeah. Well ask her about that. We do start with retail which is struggling so much. Its jp penny getting hit hard after reporting disappointing numbers this morning. We also have the retail report from the government this week. Courtney reagan joins us with more. Its very hard in terms of the Department Stores. The numbers are down 20 this week. The numbers are bad. Exactly. I think one of the best perf
On the grade. What is happening now. Now the crash is cleared, it has been gone for an hour but the damage is done when it comes to the commute in the east bay. 680 straight out of pleasanton all the way down to fremont because of an earlier crash on the grade. It is still very, very slow. Driving through. If you drive this commute and youre thinking, okay, i need to add extra time, you level do. And alternate routes really arent suggested. And ill tell you why. Because if youre driving over to 238 and 880 southbound, there was also an accident at mawry avenue that has 880 under the limit as well. Lets talk about highway 4. Slow from the slow from the antioch area all the way out to concord. That is kind of a slow commute. And traffic on the east shore freeway this morning from the cara liu bring to the macarthur maze, taking just a little bit less than 40 minutes at the bay bridge toll plaza. We have a backup of about 25 minutes before you make it on to the bridge. And San Francisco c