It is up 200 plus points because being cheered on by the reserve requirements in china. This is an internationally lyly oriented market right now. Is that the idea . I apologize if im repeating anything. Bill pointed out the dow is up 217. Lets skip straight ahead to the Closing Bell Exchange and introduce our guests. Joining us at the top of the hour to kick things off. We have price heedley, kate warren from edward jones. And our very own rick santelli. A welcome one and all. Anthony chan the big news this weekend, we have to talk about a china rate cut. The u. S. Central bank the japanese, whats the message to investors. Central banks all over the world are coddling Financial Markets, coddling the overall economy. Thats one of the reasons we dont get big corrections anymore. We get mini corrections. Right after the chinese announcement on friday that they were going to go ahead and restrict margin trading. The analysts warned and said the Financial Markets would melt down on monday
Good evening, everyone, well, it looks like sell in may and go away didnt quite work out this time. Both the simply and dow closed at new record levels today on the last trading day of the month, stocks lower for today following a disappointing surprise on the economic front showing Consumer Spending in april fell for the first time in years as prices started to inch up. But despite that the bulls persevered. The dow closed at an alltime high, the s p putting on three and a half points to 19,023, but the nasdaq fell five months, for the months the nasdaq was the best, gaining 3 , the dow up 1 , the s p rose almost 2 . And despite the strong gains this month many smart investors are confused. Stocks are up, and so are bonds, not just before the Federal Reserve is buying them. What is going on . Dominic chu has more on why people are so confused. The bulls and bears are both sitting around scratching their heads. Theyre trying to figure out what to do in the current land of confusion. Th
Good evening, everyone, well, it looks like sell in may and go away didnt quite work out this time. Both the simply and dow closed at new record levels today on the last trading day of the month, stocks lower for today following a disappointing surprise on the economic front showing Consumer Spending in april fell for the first time in years as prices started to inch up. But despite that the bulls persevered. The dow closed at an alltime high, the s p putting on three and a half points to 19,023, but the nasdaq fell five months, for the months the nasdaq was the best, gaining 3 , the dow up 1 , the s p rose almost 2 . And despite the strong gains this month many smart investors are confused. Stocks are up, and so are bonds, not just before the Federal Reserve is buying them. What is going on . Dominic chu has more on why people are so confused. The bulls and bears are both sitting around scratching their heads. Theyre trying to figure out what to do in the current land of confusion. Th
Well, it looks like sell in may and go away didnt quite work out this time. Both the simply and dow closed at new record levels today on the last trading day of the month, stocks lower for today following a disappointing surprise on the economic front showing Consumer Spending in april fell for the first time in years as prices started to inch up. But despite that the bulls persevered. The dow closed at an alltime high, the s p putting on three and a half points to 19,023, but the nasdaq fell five months, for the months the nasdaq was the best, gaining 3 , the dow up 1 , the s p rose almost 2 . And despite the strong gains this month many smart investors are confused. Stocks are up, and so are bonds, not just before the Federal Reserve is buying them. What is going on . Dominic chu has more on why people are so confused. The bulls and bears are both sitting around scratching their heads. Theyre trying to figure out what to do in the current land of confusion. The Bad News Bears say the
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