Which the markets view as a sieve for corporate earnings. Technology and Energy Shares led the way as investors put their recent nervousness on the back burner. Today the Dow Jones Industrial average advanced 196 point 21,899. Bob pisani has more on todays bounce back. Reporter the bulls were back in charge today. Stocks rebounded after a string of sloppy trading days to close higher with the dow up nearly 200 points. Thats the best day in nearly four months. Tax reform talk set the stage early on after sources at the white house said lawmakers and president Donald Trumps Economics Team were closer to orchestrating tax cuts and are reaching a consensus on how to pay for those cuts. The markets rose because theres some finally meat on a tax cut proposal though some say short term tax cuts are far from full on tax reform. Regardless, risk is back on the table. Banks, biotech, Semiconductor Stocks are all higher on the day and more defensive sections like utilities, real estate, Consumer
Clark this week. Lets get your wednesday started with weather and traffic. It was warm and hot yesterday. Yes. A little bit of a cooldown. A lot of high clouds coming in. It doesnt matter in the city or along the coast. Not gonna be that hot. Thank goodness we didnt have an offshore breeze. As it was, mainly confined to inland areas. Some breaks in the higher clouds but theres definitely an increase in those coming up from the San Joaquin Valley, sacramento valley, heat advisory out, same areas as yesterday. But the cloud cover is racing in here fast. Very thick on the golden gate. Some rain embedded in this taking the turn after arizona coming up from southern california. The high desert and i think a lot of that plays in our weather with an increase in the clouds. Westsouthwest 21. But theres extremely warm hot air aloft which will translate into toasty numbers again inland. But yesterday we didnt have the high clouds. Today they will be there. Thats why i think it will be still toas
Clark this week. Lets get your wednesday started with weather and traffic. It was warm and hot yesterday. Yes. A little bit of a cooldown. A lot of high clouds coming in. It doesnt matter in the city or along the coast. Not gonna be that hot. Thank goodness we didnt have an offshore breeze. As it was, mainly confined to inland areas. Some breaks in the higher clouds but theres definitely an increase in those coming up from the San Joaquin Valley, sacramento valley, heat advisory out, same areas as yesterday. But the cloud cover is racing in here fast. Very thick on the golden gate. Some rain embedded in this taking the turn after arizona coming up from southern california. The high desert and i think a lot of that plays in our weather with an increase in the clouds. Westsouthwest 21. But theres extremely warm hot air aloft which will translate into toasty numbers again inland. But yesterday we didnt have the high clouds. Today they will be there. Thats why i think it will be still toas
Clark this week. Lets get your wednesday started with weather and traffic. It was warm and hot yesterday. Yes. A little bit of a cooldown. A lot of high clouds coming in. It doesnt matter in the city or along the coast. Not gonna be that hot. Thank goodness we didnt have an offshore breeze. As it was, mainly confined to inland areas. Some breaks in the higher clouds but theres definitely an increase in those coming up from the San Joaquin Valley, sacramento valley, heat advisory out, same areas as yesterday. But the cloud cover is racing in here fast. Very thick on the golden gate. Some rain embedded in this taking the turn after arizona coming up from southern california. The high desert and i think a lot of that plays in our weather with an increase in the clouds. Westsouthwest 21. But theres extremely warm hot air aloft which will translate into toasty numbers again inland. But yesterday we didnt have the high clouds. Today they will be there. Thats why i think it will be still toas
Clark this week. Lets get your wednesday started with weather and traffic. It was warm and hot yesterday. Yes. A little bit of a cooldown. A lot of high clouds coming in. It doesnt matter in the city or along the coast. Not gonna be that hot. Thank goodness we didnt have an offshore breeze. As it was, mainly confined to inland areas. Some breaks in the higher clouds but theres definitely an increase in those coming up from the San Joaquin Valley, sacramento valley, heat advisory out, same areas as yesterday. But the cloud cover is racing in here fast. Very thick on the golden gate. Some rain embedded in this taking the turn after arizona coming up from southern california. The high desert and i think a lot of that plays in our weather with an increase in the clouds. Westsouthwest 21. But theres extremely warm hot air aloft which will translate into toasty numbers again inland. But yesterday we didnt have the high clouds. Today they will be there. Thats why i think it will be still toas