We have his a take on the economy and tells us where he sees value right now. In two hourslose time. Lets take a check on where stocks are trading with abigail doolittle. Abigail were looking at a bullish day here with the dow, s p 500 and nasdaq all higher. Up. 1 afters now flipping between small gains and losses. , the techbest day heavy nasdaq carving out another record day. Chart withongterm the nasdaq relative to the s p 500. , the nasdaqcases outperforming the dow and s p 500. Up dow and s p 500 only about 6 or 7 on the year. Relative to the tech heavy other big averages are lagging to some degree. One stock helping is apple. Apple is up in a big way. Hitting yet another record high. Apple does report tomorrow after the bell. Investors are looking for earnings of 2. 02 on 53 billion. One of the big things investors will be looking to see is the cash position. Some are expect things to hundred 50 million 250 billion. Here forood stuff apple. Turning back into the bloomberg on appl
We have his a take on the economy and tells us where he sees value right now. In two hourslose time. Lets take a check on where stocks are trading with abigail doolittle. Abigail were looking at a bullish day here with the dow, s p 500 and nasdaq all higher. Up. 1 afters now flipping between small gains and losses. , the techbest day heavy nasdaq carving out another record day. Chart withongterm the nasdaq relative to the s p 500. , the nasdaqcases outperforming the dow and s p 500. Up dow and s p 500 only about 6 or 7 on the year. Relative to the tech heavy other big averages are lagging to some degree. One stock helping is apple. Apple is up in a big way. Hitting yet another record high. Apple does report tomorrow after the bell. Investors are looking for earnings of 2. 02 on 53 billion. One of the big things investors will be looking to see is the cash position. Some are expect things to hundred 50 million 250 billion. Here forood stuff apple. Turning back into the bloomberg on appl
Members of the house and of the senate to welcome team 26. Team 26 and so honored they gave me a shirt. Teams 26 is an honor of the 26 children who the 20 children and 6 teachers who were killed at sandy hook school. Every year this bicycle ride starts in this area, in the washington area, and bikes up to newtown. Its its a constant reminder and inspiration the people ask at the time, well, if theyre going to kill 20 little children in first grade that must have a reaction in congress. Of course, it did not. 20 children, 6 of their brave teachers and supervisors. So, again, well never forget. Well never stop our work on this subject. And even today, a day where the focus is on the republican attempts to take Health Care Away well keep the focus on just give us a vote. We think that there is bipartisan support for background checks in the congress. We have bipartisan support that we know of. We just want them to give us a vote. I keep reminding my colleagues that this is about their pol
Best use of every single taxpayer dollar, assuring more reliability and predictibility that than a government operating under a continuing resolution. In short it moves our nation forward in the right direction. The bill includes full year funding for the remaining 11 annual Appropriations Bills for defense, infrastructure, health and safety programs through the end of the fiscal year on september 30. As well as critical emergency and defense and Border Security funding requested by the president. In total it provides 1 1. 63 trillion in base and overseas Contingency Operations funding. These levels meet the caps provided by the bipartisan budget act of 2015. This bill makes the senator decisions investing funding where its needed most. Rebuilding our military, securing our borders, and bolstering Economic Growth, getting people back to work. First and foremost and most importantly, this bill prioritizes funding for national defense, restoring the strength and capacity of our armed for
Well get into that with senator round in just a second in order to advance the ball a little bit on tax cuts. Separately we have been following this other scenario from janet yellen kind of single hand he hadly propelled this market forward. If you think about it, the fed brought us a long bull market. Given added boom by donald trump. She seems to give indication in capitol hill testimony, the rate hikes people are fearing, might not be that much more of them if any. Maybe dovish Federal Reserve conducive to keeping rates where they are, not a sharp spike in those rates. They could be wrong. In and out of record territory as we speak. Meantime we were telling you a little bit yesterday how the house seems to be swallowing a little bit what the senate is cooking up when its comes to the health care rework, one that will keep some key taxes in place. Want you to take peek at this. One of the plans senate is cooking up, keeping 3. 8 surtax on upper income and 9. 5 1 2 surtax for upper in