And nasdaq up by 12. This comes after a big up week for the markets where nasdaq was up 2. 3 across 6,000. Closed the week at 6,047. The dow was almost up by 2 . Closed very close to 21,000. Were going to continue to watch, as we get closer to the opening bell. Take a look at crude oil prices as well. Crude oil was down about 29 cents. The big story was it was below 50 for many days last week. This morning, its down another 16 cents to 49. 17. Let get you ready for the first trading week of may. The agenda chockfull of Economic Data and earning reports, the ism manufacturing and construction spending, tomorrow, april auto sales, Paychex Small Business jobs and wednesday, adp, Service Index and fed decision at 2 00 p. M. Eastern time. Thursday, q1 productivity and factory orders, friday, april jobs reports. As for earning, more than 100 companies in the s p 500 reporting. The big names to watch, include conocophillips, merck, apple, facebook, tesla, kellogg and cbs. More than the holdin
Will allow these banks to comply with unnecessary requirements, many of which were designed to police much larger entities and more time infusing their communities in local Small Businesses with capital. Its also the start of Small Business week. Today ivanka trump will be participating in a conversation that the United States institute of peace with sva all right. Linda mcmahon and the Vice President will deliver remarks to the national Small Business week awards Program Later this afternoon. Back to the president s schedule, after speaking with the Community Bankers members, the president had lunch with Vice President pence, secretary of state tillerson, and secretary of defense mattis as well as National Security adviser mcmaster before meeting separately with secretary tillerson. I also want to mention this morning that fema held a Severe Weather coordination call to discuss impacts on the remaining threat for continued Severe Weather across portions of the southwest to the mississ
Tell us volatility is back, but were not seeing it. This morning the vix is trading at 10. It marked the second time this year that the vix traded below 10. Overnight in asia, take a look and youll see the nikkei was up by 0. 7 . Hang seng was up by a third of a percent. The shanghai was down by a third of a percentage point. In europe, some of the early trading, things are relatively calm. Ftse up by a half percentage point. Modest gains for the cac and dax. Among the top stories, big news out of hollywood. The Writers Guild of america reaching a tentative agreement with the alliance of Motion Picture and Television Producers avoiding a Writers Strike. They reached an agreement just after midnight. The Writers Guild had threatened to strike today if an agreement was not in place. Infosys making a big bet on america. The Company Announcing it will create 10,000 jobs here in the United States of the next two years. Those jobs will focus on the cloud, Artificial Intelligence and big data
Finally a quick look at crude. You can buy a barrel of wti crude for 47. 49. Here are the big stories were watching. A phishing attack has targeted googles 1 billion gmail users. An email coming from a trusted source asks you to open a google document and it redirects you to a page to open a google goc pdo page, which then trooef retrie email addresses. Tim cook saying apple will start a 1 million fund to promote manufacturing jobs in the United States. Were creating an advanced manufacturing fund. Were initially putting 1 billion fund in the fund. This i did not know about. Were announcing it today, youre the first person im telling. And im not the first person, because we have talked to a company that were going to invest in, already. But this a billion dollars of apples 256 billion. A billion dollars of our u. S. Money, that we have to borrow to get, thats a whole other topic, but were really proud to do it. And by doing that, we can be the ripple in the pond, because if we can crea
Silenced or turned off. For those watching online, youre welcome to send questions or comments anytime, emailing speaker at heritage. Org. Leading our conversation this afternoon is david burton, our senior fellow for Economic Policy and heritages institute for economic freedom. Mr. Burton before joining heritage served as general counsel at the National Small business association, also been chief Financial Officer and general counsel of the alliance for retirement prosperity, and was a partner at the argus group, a Public Policy and Government Relations firm. Please join me in welcoming david burton. David. [ applause ] well, thank you for coming. It is my pleasure to introduce to you commissioner michael piwowar. He was appointed to the securities and Exchange Commission by president obama and was sworn in in august of 2013. He was designated by trump to be acting chairman of the commission and served in that capacity from january 23rd of this year to may 4th. His term expires in jun