Tonight of 1706. First time ever, up 21 point on standard and poors. New mojo. Bob pisani, what drove todays move . They were saying things would be better and at least right now, thanks really are. I want to reiterate what maria said, not just the dow, not just s p, russell 2,000, transports and mid cap index at historic highs. We have done this despite the fact Interest Rates have moved up. Account stock market handle higher Interest Rates . We are levels of july 8th. So far the market isnt dropping. Have you noticed a pattern . This is what people are talking about. Put up the screen here. Adp numbers stronger than expected. Rates are higher. Numbers are up. Rates are higher, this market was up. How about the jobs report . Longer than expected. Rates get higher an market holds up. If that happens, you are definitely having people say, yes, we can handle higher rates. We will see what goes on here. Meantime, anything cyclical had an outstanding day. Consumer discretionary. Financials
This before you get on the course. Ill buy some brain pants, andrew. Ask him if he looks like you need a nap . Yeah, do i look like i need a nap . Probably. Weve got to say thank you to our other guest host who has been back with us, jeremy siegel, the bull. Steve liesman, also thank you for sitting in all week. Thats been terrific. Becky and joe, its been great. Good luck over the weekend. We hope you get back here and it all works out. Say hello to nemo and the weather. Were going to see you be careful with all that snow. Absolutely. Anyway, make sure you join us monday. Squawk on the street begins right now. Good friday morning. Welcome to squawk on the street. Im melissa lee. Were live from the New York Stock Exchange. Lets see how your friday session is setting up on the u. S. Futures. It looks like well have a positive session with the s p looking at 2 at the open, dow looking at 13. In europe, the eu summit continues. But the action really taking its cues from china this morning
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