Several other indexes are also rebounding. The s p 500 was up 14 points to finish at 1539, within striking distance of its record of 1565, set in 2007. We look behind the rally and these numbers with Barry Ritholtz, a market strategist, author and c. E. O. Of fusion iq, an Online Research firm. He blogs at the big picture. And Matt Phillips, who writes for quartz, a digital news site that covers the Global Economy for atlantic media. Is welcome to you both. Starting with you Barry Ritholtz, whats behind this sudden rise . Well, its a combination of a number of factors. First and fore most going to be really good earnings that weve seen over the past couple of quarters, past couple of years and a lot of this has to do with the massive intervention of the Federal Reserve. They kept rates so low its made it very inexpensive for corporations to borrow and invest and its created a lot of liquidity which drives equity prices higher. Ifill Matt Phillips, because of the intervention of the Fed
Marriage. Even republican support has grown to 39 in the past couple of years. New tonight at 6 00, an article in the Student Newspaper questioning the relevancy of black History Month sparked a rally today at san jose state. The rally ended up at the famous black power statue on campus. It was originally planned as a march to celebrate black History Month. Then an article came out in the spartan daily titled black History Month is redundant. Students told us they were offended by the article. A lot of people try to argue racism isnt prominent in todays society. But it is because a lot of people feel a certain way about us being here and black history being taught. The fact its not relevant. So just with that, it angered a lot of us. We felt like are we redundant . Do people think our culture is redundant . Are we fighting still for relevancy in today, 2013 . In addition to the campus at san jose state, the article was discussed passionately on twitter, too. For an update on a developi
Afghanistan that our forces take every possible precaution to prevent civilian casualties. Meanwhile in moscow the Foreign Ministers of russia, iran and syria are reacting to last weeks u. S. Strike on a Syrian Air Base warning u. S. Actions could, quote, threaten the current world order. This as the u. S. Faces a new threat from north korea. That country now vowing a merciless response that would leave no survives to u. S. Provocation. Kim jongun could hark an important holiday with yet ail nuclear test and if he does theres a chance Vice President mike pence could be just across the border when it happens. He is schedule to arrive in seoul on sunday. We are covering this story only as cnn can. We have reporters spread across the globe from moscow to seoul and beioyond. I want to begin with the latest. Barbara starr who is live with us from the pentagon. This is the first time this kind of bomb has been used in combat. Is the military considering this a success . For now, yes. When yo
Allstar games, world series games, alltime best, for me as a yankees fan, the most important stat, if we reached the seventh inning of a baseball game i knew it was over because we could always go to mo. He certainly deserved the unanimous votes, something they refused to give to stan williams, Mickey Mantle and jackie robinson. A pitcher who single handedly gave up the greatest pitch in the boston red sox, bill millers single in the ninth inning to drive in a run to tie the game in the 2004 American Championship series. Red sox went on to beat the yankees. I knew it was a mistake going to you. You remember what happened in the first season yankees opened up at fenway. Fenway gives him a huge cheer because he gave up that hit and he stands and smiles and tips his cap. Thats the kind of guy he was. We yield our time back to you from mario rivera, i know theres other news in the world today. Yes. I could have gotten extra sleep. To making a move on the shutdown since it began, the senate
They cant say, but something. Conspiracy, collusion, russia, russia, russia, defrauding our elections, obstruction of justice, some other phantom crimes. Their hopes and prayers have always come up empty. I expect the same tomorrow it shouldnt be much different but let me be honest, if mueller is going to stick to the report as it says and thats what the democrats are asking. That very report was clear. No conspiracy, no collusion, no grounds for obstruction. Remember, according to mueller, legal precedent on whether or not a sitting president can or cannot be charged because of thb doj policy are constitutional considerations was not a factor in the special counsels conclusions. But tomorrow, the democratic playbook is clear. Its obvious, its transparent. They want Robert Mueller to contradict his own findings and implicate, smear the president. Giving them that one sound bite that they and their friends in the media mob will play over and over and over and over and over and over agai