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Check out your 401 k s because the rally is back on dow up nearly 200 points and were closing in on 29,000 lets check out boeing heres a stock up as much as 3 on reports that iran may have been responsible for the downed plane this week. Initially, the reports were that it was a Technical Glitch or engine failure those reports have been a bonus to boeing. Well have more on that in a minute contessa, thank you very much earnings season is the next hurdle this market has jump and it starts soon lots of hopes being rested on the you are quarterly reports. It starts flooding in next week led by jpmorgan, wells fargo, citigroup, obviously the big banks leading the way. Bob pisani joins us with more. The good news is that we are continuing to rally even today because the markets are starting to believe this magical combination of a strong u. S. Consumer, a trade truce, a friendly fed and bottom line Global Growth will produce an expansion of earnings in 2020 after a flat 2019. The bad news i
AustraliaUnited-statesNorth-carolinaIranChinaCaliforniaTogoGuatemalaCanadaUkraineMexicoPuerto-ricoProtect the u. S. Auto industry. It may have progress toward an all electric market. But, first to check on the markets in the av space. Neo shares are up on an upgrade from j. P. Morgan. This one is getting lots of attention lately. Not just rallying this week. Hitting a record high, interesting massive volume and interest. The meme stocks pulling back today. Deep into the red. The data change losses driven mostly on news. Issuing 23 million new shares. In the magnificent a 70 tf hitting is highly level since inception in april 23. Currently, up a little less than 1 . The dow is up nearly 300 points. It is in about 160. Of 40,000 for the first time. S p up 1 . Nasdaq nearly up to hundred points. We may have alltime record high closes today. Looks like it. Those moves are being fueled by the cooler than expected Inflation Report out this morning. Here to dive deeper is james number two. Chief Investment Officer with mainstreet research. And kathy Senior Vice President and chief economi
P-1Record-highInflation-reportInvestment-officerSenior-viceSenior-vice-presidentVice-presidentBull-runMargin-expansionFirst-yearBusiness-cyclesEarly-stagesAnd it will be much more reflective of the kind of relationship that we should have with our neighbors. Mr. President , thank you. Thank you. Thank you so much. Appreciate it. Thank you. Thank you, thank you, thank you. President obama along with mexican president pena nieto talking about a variety of topics including immigration, drugs, the flow of weapons above and below the border with the United States as well as trade and the nafta issues raised by mr. Trump last night, Transpacific Partnership among other things. Well have much more coverage of the politics of the day, but first, lets go to sue herera with the latest on a shooting at a Shopping Mall in munich, germany. Thats exactly right,ty. Nbc news can confirm that there have been shots fired, there has been a shooting at the olympia Shopping Mall, which is in munich. Now, this mall was built for the summer olympics in 1972, hence the name olympia. It has grocery stores. It has department stores, restaurants and cafes, about 1
New-yorkUnited-statesLouisianaJapanTokyoAustraliaMunichBayernGermanyParisFrance-generalFranceThe shares fell for the Third Straight year to the lowest level in 30 years, this all according to the National Association of real tors annual survey. Just 32 of buyers were firsttimers and historically that share is about 40 . Firsttime buyers surveyed said all forms of debt had delayed their saving for a down payment by a median of three years and for those who had the hardest time saving, more than half said it was Student Loan Debt that was the culprit. Another change in buyers, the realtors found 30 of surveys found the primary reason for buying was the simple desire to own and thats up from 24 in last years survey. When you break out firsttime buyers, the jump more significant. 64 said it was that desire to own up from 53 a year ago. The desire for a larger home or a job relocation were a distant second and third reasons for buying. And this comes as the nations Home Ownership rate still sits at the lowest level in half a century. There was no change in the share of Multigenerat
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