You heard about all the crucial inflation data this week. We have two wall street legends say the s p is heading higher. They have the same target. Ed yardeni and sam stovall are both on deck. Lots of blowups on earning season. Before youre tempted to pick the bottom you must listen to erin gibbs. She has information you cannot afford to miss. She will be here at 2 15. You remember the song or movie, give them something to talk about . The fed is talking but here is the problem, is it communicating. Judy shelton on why the feds messaging is falling flat. I had the honor of giving my first commencement speech this weekend. I will give you my speech for the class of 2024. All that and so much more on making money. Charles so the market coming off really good week. This part right here is all of last week, doing pretty good, coming up pretty good for the year right now. Heres the thing. It needed to make a stand last week, right the 10year, the way the feeling of this market, the bounce,
Economic outlook grow. The two biggest drivers, strength in germany and france. Things are up slightly this morning in european trading. But there has been some interesting calls on this. And well talk more about what jim cramer had to say about europe a little bit later in the show too. An update from our colleagues in london in a few minutes. Jimmy saying europe is back. And thats a big story for u. S. Stocks. Corporate news, the former jpmorgan trader known as the london whale and regulators reached an agreement to avoid criminal prosecution. But two are expected to be charged as soon as today. The s. E. C. Is said to be in settlement talks with jpmorgan over disclosures of the trading losses. Number of activist investors in the news today. Lets start with carl icahn. Hes taking a large position in apple and says the stock could be worth as much as 700 a share. If ceo tim cook pushed for a larger stock buyback. In the tweet yesterday, icahn announced he has spoken to the apple boss,
Time you have to buy into 40 bucks a month. A lot of people think it will turn them on to it. Liz we will see. Good for pandora. Lets go to nicole at floor of the new york stock exchange. That stock which went public a couple years ago had up and downs but at least up this week. So exciting for pandora shareholders is up and at a 52week high. Not back to the ipo levels but certainly a nice run after greattnumbers for the quarter. David time to talk about a little bad news. Carnival may have an ally in royal caribbean. That stock sinking after news of sick passengers on one of its ships. What is happening there. The stork is on the downside. Came into port in florida at everglades, a number about ill passengers on the vision of the seas ship arrival. Not good. Liz a tale of two retailers playing out. Ann taylor, beating the street. Closing bell rings] liz not good news for foot locker. Here comes the closing bell. Another big day here. Another record for the dow jones. David the first s