Sara eisen on this friday. Tgif. Thank goodness. Great day yesterday we were up 0. 8 for the major indices. Transports yesterday, the russell index, Smaller Companies up 1. 7 that positive momentum continuing, up 100 points on the dow this morning lets have a quick look at the euro popping on news that german lawmakers reached a break through in talks to form a new government the euro had a good session yesterday as well. That was off the back of ecb minutes. But todays move off the back of that german political news up to 1. 2121, thats a high we have not seen since december 2014 joining us is willem marx from london with more so, essentially whats happened here is the spd and the cdu have agreed that there will be a coalition they had a media blackout for the last five days over these preliminary talks. Were getting a slew of headlines now coming out of those discussions. Those include a lot of the spd wish list items they have been pushing for. Angela merkels party and her sister pa
Cramer and david faber futures on the move off the highs, retail sales are solid and 2year hits 2 Bank Earnings as a highlight as earnings season kicks in europe is mixed and oil is giving back gains. Our roadmap begins with the big banks beat jp morgan and wells and black rock with better than expected quarterly earnings. Wall street is eyeing fresh record stocks getting a boost from strong corporateresults and a bullish sign for the economy. West wing vul garts, the president mixing a bipartisan immigration deal and denying offcolor language. Jp morgan chase, wells are both mixed and jp morgans released, jamie dimon expresses optimism about the new tax law. The enactment of tax reform in the Fourth Quarter is a significant positive outcome for the country. U. S. Companies will be more competitive globally which will ultimately benefit all americans. The cumulative effect of retained and reinvested capital will grow the economy and growing jobs and wages we have always invested even i
The nasdaq is on track for its best monthly gain since july of 2016 the s p 500 is at its biggest monthly gain since last february the s p and nasdaq have risen seven of the last eight trading days if you were waiting for things to slow down, you are still waiting. Triple digit gains for the dow already this morning overnight in asia there were gains this came after the strength yesterday with the dow up 200 points. The hang seng was up by 1 shanghai was up by 0. 1 . The nikkei did give back some ground in europe this morning, there are some green arrows across the board. Gains of a quarter percentage point for germany and the ftse in london. The cac in france is up by a third of a percentage point. If you want to look at treasury yields which have been picking up ground, you will see the treasury yield for the tenyear, sitting about the same, 2. 544 lawmakers in germany reached a break through in talks to form a new government the euro rising. You need a government. Euro rising to new
Dow futures up by about 14 points. S p futures down slightly and nasdaq up slightly. August durable goods. Then at 11 00, the Kansas City Fed survey. Apple having a rough week after, you know, a couple of good weeks, after that new intro. Reports are flying around social media about problems with two of the companys new products. First, there was what we talked about yesterday, there it is, bend gates and it cracks after you try to put it back. Iphone 6 buyers claiming the device can bend when placed in back pockets. It depends on your weight when you sit on it, i guess. I havent done it, but i have been asked to download this partnership havent done it. Some users complain they had calls blocked and couldnt unlock their phones with their fingerprint. Hmmm. I didnt know you could do that, anyway. Apple says its investigating reports of problems. Its offering consumers a way to manually reverse the updates. There was overheating with the iphone 5 and two years ago, remember the apple ma
A he said, he said type of thing. You see the pictures at the top when you come on the air, holding a Martin Luther king day event citing the population to declare monday the Martin Luther king holiday. Again changing the Historic Site in atlanta to a National Park which will make it bigger and allow more people to see its prey to the president in a series of tweets denying that he used the word swhole. Saying, the language used by me at the daca meeting was tough, this was not the language used. Saying, never said anything derogatory about haitians other than haiti is obviously a very poor and troubled country. Probably should read keyboard future meetings. Unfortunately, no trust. But dick durbin put together with South Carolina Lindsey Graham invited by the president to come up to the oval office and talk about daca says definitively he knows where the president said and he used the word shole. He said, haitians, do we need more haitians . Then he went to describe the immigration fr