Friday, its what makes the markets move here, including todd where the dow dipped 22 point, s p inched up 0. 18 , the nasdaq advanced 0. 31 . While the trump factor is always going to be with us, it certainly isnt the be all and end all. What matters during earnings season are the numbers, the readthroughs and the derivatives of those numbers are driving stocks. What do i mean by these concepts . What makes them so important . Lets start with the nasdaq. Did you notice the intraday pep in its step . Do you know what caused it . The nasdaqs intraday bounce had everything to do with a Company Called asml. Asml. A Dutch Semiconductor equipment maker that reported outstanding numbers last night, causing the stock to rally more than seven points. All right. You may not know this 54 billion company, but youve definitely heard of their clients. Think intel, samsung, taiwan semitexas instruments, which order gigantic, expensive pieces of equipment from asml in order to make all sorts of chips
The exits . Joining us again todd where the dow gained 26 points, nasdaq climbed 0. 74 . You know, some feel very different since this election of donald trump. Theres a sense of optimism about stocks, and that optimism seems to extend to both republicans and democrats. Whether you love him or hate him, people are clearly buying stocks the way they used to before stocks became persona nongrata when it came to places where to your money. Its almost as if some sort of magic wand was waved that removed the gloom, busted it, and its being transmuted into higher prices even without any facts behind this move other than the kind of throw the bums out logic that you get whenever the white house changes handing from one party to the other. But heres whats hard to argue with. Many of the biggest moves ive seen in my career started without any apparent basis in the facts. Let me give you two of the most prominent examples from my 36 years of investing. First was when Ronald Reagan was elected to
11 degrees in ms. Sue law. Much more coming up. First this was a hot vote, years in the making. Senate democrats blocking the construction of the Keystone Pipeline by a single vote late last night. Yeas are 59, nays are 41. 60 vote threshold having not been achieved. The bill is not passed. Republicans say they are not however done yet. Good morning. Im bill hemmer in americas newsroom. Martha good morning. Bill did you know it was cold outside . Martha pretty cold in buffalo. Those folks are really suffering. Im martha maccallum. More coming up in a moment. Meantime back to the pipeline story. Huge story last night. It would have transported oil from canada down to the gulf of mexico. Republicans supported that project, they have for years across the board. They thought it would create thousands of jobs. Democrats called it a environmental disaster. The president has been on that page as well. The vote deliver ad huge blow, potentially devastating blow to senator mary landrieu. For jo
A homicide in the Moscow-Pullman area and one hit-and-run happened within 24 hours this weekend. The Moscow Police Department is still investigating the death of four people near the University of Idaho campus, but there is no threat to the community, according to an alert sent to UI students at 5:17 p.m. The homicide occurred.