Pouring in. Abigail the bulls are out today. We are looking at yet another record high, the dow on pace for a record closing high. Excuse, the s p 500 me, the s p 500 higher but not as much as the dow. Is talkingwhat shery about, they think it is about earnings from a macro perspective. Investors are looking for 1. 7 investment growth yearoveryear. Lus, tax reform hope the one risk to the rally we are seeing this year as if something does not get done by the end of the year. One sector certainly helping today, the financials. Take a look at the s p 500 banks index, up 1. 5 . It is generally acknowledged that these Companies Put up strong thirdquarter earnings. Today we have a rally in yields, the 10 year yield up about four basis points. That tells us haven bonds are selling off. On the year, it is pretty interesting what is happening with the 10 year yield. We see the 10 year yield is out of a range that it had been stuck in below 2. 3 , now trading higher perhaps back toward the high
Hour to the republican senators policy luncheon. Senate Majority Leader Mitch Mcconnell saying tax reform is the top priority. Lets get it done for the American People so the country can get going again and growing again. Connell mcshane is on the hill with all the action. And were also going to take it outside the beltway to tackle this. Former republican governor of nebraska and former north dakota democratic senator byron dorgan are here in a fair and balanced debate on the substance of the upcoming tax bill and the chances of finishing the reform by december 31st. Its all happening as the Dow Jones Industrial average rockets to a new alltime high. Three stocks in the dow are the three legs of the rally stool powerful earnings specifically from companies that serve as indicators for the health of the economy. Caterpillar, mcdonalds and industrial conglomerate 3m, and the new iphone 8 about to outshine its tricked out cousin the iphone x . Less than an hour to the closing bell. Lets
Mark preston is up live with me now. Mark preston, why . Well, when it came to the issue of immigration, senator flake represents a state along the border and him and as well as senator john mccain did not agree with Donald Trumps vision of building a wall and others that he was trying to crack down when it came to immigration. Now, we should say this about jeff flake. A longtime member of the house, first elected back in 2000, this was his first term. He was elected to the senate in 2012, somebody who was a conservative conscience of the senate, in many ways, tried to stay true to his conservative beliefs but you have to wonder at this point, brooke, has he had enough . And weve seen that with bob corker, that he was going to step down after two terms. And could there be a door opening where they decide to leave the chamber or even across the capital in the house of representatives where weve seen republicans not seek reelection in 2018. Phil mattingly is with me and covers capitol hi
South Florida was buzzing with the spirit of networking and the energy of information exchange at the recent 41st edition of the annual Minority Enterprise…
Lancaster city is in the midst of a construction boom. As LNP | LancasterOnline reported last month, there are 20 housing developments in various stages of planning and development throughout