Ukraine. But stronger than expected ism Services Number lifted the mood on wall street. The dow gained 18, the s p 4 trading near a record high and the nasdaq 14. With apple closing above 600 for the First Time Since 2012. Gold is above 1300 per ounce and oil below 100 per barrel. Another high ranking engineer is leaving gm. It follows the delayed recall of small cars with shakey ignition switches. Coke drops the controversial ingredient brominated Vegetable Oil from its drinks. In our trader talk this mornig brian battle director of Performance Trust capital is on the Trading Floor for us. Good morning to you brian. Good morning. Good to be here. Whats your take on treasuries . There was quite a move yesterday. The market is in interesting spot. Were kind of at the lows of rates. Just when you think rates will be higher, the feds leaving the market. We have auctions of threes, tens and thirties and the stock markets at the high so its a very interesting treasury market. Rates might be
February for stocks. Dow clinched 4 in gains. The s p 4. 3 and, nasdaq 5 mixed news about the economy came into the market friday. 4th quarter gdp was revised down from 3. 2 to 2. 4. While manufacturing numbers out of chicago took wall street by surprise by improving slightly from january. From the retail department. Bloomberg news reports the secret service is investing sears for a suspected hack attack. Sears insists its security was not breached. And the wall street journal reports jcrew is in talks to be sold to a japanese retail company. Trader daniel stecich of athena Advisor Services is joining us now to talk about this Market Reaction to the gdp. What do you think daniel . I dont think we saw any surprises on the gdp. They were pretty much expected where it came at. Whats more surprising to me is that they make these robust announcements early on and then they all kind of fade away. All things being said, the market reacted well to it so i dont think theres any problem going fo
Stocks inched up modestly during the past trading week. Nasdaq gained the least mostly because shares of apple lost nearly 4 . The senate takes up the assault weapons ban. And johnson and johnson is reportedly negotiatin a 2 billion Dollar Settlement with patients who received recalled artifical hips Philip Streible of rjo futures joins us now for a look at the trading week ahead. Good morning to you. Hope you had a nice weekend off. Lets start with this bullish situation. Im almost starting to feel like there are too many bulls in the market. Everybody loves this market. There are a lot of people talking about that. Equities have been on such an upward momentum. Some of the earnings have been coming out really good. Weve seen quite a bit of upbeat, positive economic data. Last week we saw china release some better than expected gdp numbers so the momentum seems to be behind the bulls right now. Which makes me start to get a little nervous. Lets talk about the debt ceiling extension as
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April 25, 2024, Press Release from the USDA Rural Development: COLUMBUS, Ohio, Apr. 25, 2024 – U.S. Department of Agriculture (USDA) Rural Development in Ohio State Director Jonathan McCracken announced