Levels. After a quiet morning, momentum picked up midday thanks to gains in financials and material stocks. Investors are betting the new administrations policies would support growth and inflation. Today, the dow added 65 points to 19,614. The nasdaq advanced 23. And the s p 500 was up four. One of the hottest groups since the election has been the transportation sector. Tonight, Morgan Brennan explains why. Reporter transports keep on trucking, driving the prospects for Stronger Economic growth. Infrastructure spending and Corporate Tax reform, which investors seem to believe outweigh the risk of for protectionist trade policies. It didnt just about the election. The Dow Jones Industrial average has rebounded off january lows when economists were warning of recession. For the year its poised to gain 25 . The biggest winners, trucking names including landstar rider and jb hunt and rail stocks like csx and union pacific. Many of them are companies with big exposure to industrial produc
Cap russell closing at record levels. After a quiet morning, momentum picked up midday thanks to gains in financials and material stocks. Investors are betting the new administrations policies would support growth and inflation. Today, the dow added 65 points to 19,614. The nasdaq advanced 23. And the s p 500 was up four. One of the hottest groups since the election has been the transportation sector. Tonight, Morgan Brennan explains why. Reporter transports keep on trucking, driving the prospects for Stronger Economic growth. Infrastructure spending and Corporate Tax reform, which investors seem to believe outweigh the risk of for protectionist trade policies. It didnt just about the election. The Dow Jones Industrial average has rebounded off january lows when economists were warning of recession. For the year its poised to gain 25 . The biggest winners, trucking names including landstar rider and jb hunt and rail stocks like csx and union pacific. Many of them are companies with big
Themarket has discounted positives and of the negatives of trump toss collection. Trumps election. Vonnie looking forward to a lot of that coverage all day. In the u. S. We are about 30 minutes into the trading session. Sa next trading action abigail mixed trading action. The dow opened lower. The week is relatively young but the dow was on pace for its second weekly decline. A little bit of a bearish trend that as you can see both the s p 500 and the nasdaq are trading slightly higher fluctuating between small gains and losses. We are seeing a continuation of the lack of conviction that is marked trading action for u. S. Equities in recent days. When you take a look at some of the havens we have seen a haven been more recently. We have the 10 year yield trading higher marked in red telling us the safe haven bonds are selling off a bit. Yields rising helping the dollar index up. We do have the dollar against the yen rally. We have gold trading slightly lower if that stays that will bre
In with storm team 4 meteorologist, sheena parveen. Temperatures are going to keep going up. 42 degrees currently in the district. But we will be getting into the upper 40s today and were talking about a mostly dry day, few sprinkles this afternoon and not a big deal though. We have clouds around and one weather system to the west. Pretty weak. If we see anything, it will be a couple of sprinkles. Near 50 degrees today. Thats not going to last. Were talking about colder air coming for the weekend. Ill show you when it will start to feel like winter again, plus were tracking a chance for rain and snow showers. That along with the tenday in a minute. A new developing story right now about an attempted sex assault in prince georges county. Park police say a woman told officers tried to attack her inside a car. This happened between 3 00 this morning. The suspect ran away in the area of suit land parkway and tried to track down the person with search dogs but did not find anyone. Take a lo
Hearing on whether to reinstate President Trumps immigration travel ban. It is a move they say could unleash chaos. A threejudge panel will hear oral arguments by phone and live stream it at 6 00 eastern. It comes after lawyers for the Justice Department presented their reasons why a federal Appeals Court should reinstate the travel ban signed into action by an executive order. The president is hammering the court for a fast reinstatement tweeting the threat of radical islamic terrorism is very real. Look at whats happening in europe and the middle east. Courts must act fast. The states say the travel restriction is unconstitutional and is hurting their universities, stranding their professors and students. Meanwhile, 97 hightech Companies Say it hurts their ability to recruit the worlds brightest. And three former secretary of states joined Agency Leaders saying it would Harm National Security and discourage muslims in the u. S. From reporting potential trouble. The legal question tod