Foy. Conflict zones are not clear cut, and the government of assad is still the governing authority there. While we take every precaution to ensure that no assistance, mind you, no assistance benefits this brutal regime, lines are continually shifting, and we need to make allowances for activities that could touch the government on controlled areas. So i urge my colleagues to oppose this amendment and i reserve the balance of my time. The chair the gentlelady has the only time remaining. Ms. Lee i urge a no vote, and i yield back. The chair the gentlelady yields back. The question is on the amendment offered by the gentleman from south carolina. Those in favor say aye. Those opposed say no. In the opinion of the chair, the ayes have it, and the amendment is agreed to. Pursuant to clause 6 of rule 12, further proceedings will be postponed. For what purpose does the gentleman from florida seek recognition . While commending the chair for a Job Well Done today, i now move that the committ
Exuberance lead to a flood of ipos. We will look at which companies go public. Very high profile names. Breaking this morning, Goldman Sachs executive has reportedly been offered a position in the Trump Administration. We have more on what that could mean not only for the Trump Administration but Goldman Sachs itself and the issues they may face. And president elect Donald Trumps team is starting to take shape. Larry kudlow will discuss whether the picks will bring that deregulation so many investors are now expecting. Speaking of which, lets start with the market new highs. Bertha coombs is in times square and bob pisani is behind us on the floor of the new york stock exchange. Ladies first today. Nasdaq all time highs stoked by small and mid caps since the election. Today it is really a big cap rally. We are seeing a little more love for the tech big caps like apple up nearly 2 . Alphabet is up more than 5 for the week. That is the best weekly gain it has seen since july of 2015. Not
Ryan is looking down right now, you know that, and hes very happy, because i think he just broke a record. Reporter upset that her fatherinlaw had publicly questioned the need for the operation in which her husband was killed, carryn owens put a heartbroken face on the controversial commando raid against the al qaeda stronghold in yemen. President trump approved the operation after barely a week in office. But he subsequently tried to distance himself from it. The commanderinchief putting the onus on his military advisers and describing it as a piece of Unfinished Business leftover from the obama administration. Well, this was a mission that was started before i got here. They explained what they wanted to do, the generals, who were very respected. My generals are the most respected weve had in many decades, i believe, and they lost ryan. He was killed in the initial exchange that took place on the objective. Reporter general joseph votel, commander of the u. S. Forces in the middle ea
Than 300 points today to close at 21,115. Jim axelrod is here with more about whats called the trump rally. Jim . Reporter well, scott, weve been watching the market soar more than 15 since donald trump won the presidency. As it climbed its way first past 19,000, then 20,000, and now 21,000. But this is the First Time Since election day weve seen a singleday gain of more than 300 points. Whats going on here . Well, last nights speech only deepened the optimism that corporate earnings will continue to climb, especially with mr. Trumps probusiness stance. The combination of proposals, Corporate Tax cuts, the loosening of regulations is exactly what wall street wants to hear. Throw in a proposed 1 trillion of Infrastructure Spending the president discussed last night and signals the fed may soon raise Interest Rates to keep growth smooth, and youll end up with a Dow Jones Industrial average somewhere it has never been before, over 21,000. As an investor once put it, short term the market
Some of the problems mr. Trump promised to solve last night dont actually exist. The president said correctly that 94 million americans are out of the labor force, but thats not an unemployment figure. Our Research Department found that in that official number, about 15 million are students, 44 million are retired, and 28 million are disabled or caring for someone at home. If 94 Million People were looking for a job, the Unemployment Rate would be 40 rather than the 4. 8 that it is now. In the runup of stock prices since election day, the dow has now been pushed above 21,000 for the first time. The blue chip index gained more than 300 points today to close at 21,115. Jim axelrod is here with more about whats called the trump rally. Jim . Reporter well, scott, weve been watching the market soar more than 15 since donald trump won the presidency. As it climbed its way first past 19,000, then 20,000, and now 21,000. But this is the First Time Since election day weve seen a singleday gain