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Some fears over china trade. Retail sails topped expectations in october, climbing by 0. 3 and oil pointed to surging Global Demand in the quarter. Joining us is lindsey bell thanks for joining us. Good afternoon. We mentioned on track for three record alltime closing highs at the moment and also on track for the sixth week in a row of gains for the s p thats a remarkable run. It is absolutely a remarkable run and theres a few things that have gotten us here we have more clarity on the fed. Theyve cut for the third time and theyre willing to maintain the stance where they are right now, keeping rates where they are. The Third Quarter earnings season was very good and weve seen an easing of trade tensions while theres a little bit of uncertainty there, that could rattle the markets going into the end of the year. All things understood, the economic environment though does still ....
And china next month. Investors view that meeng as a sign of progress in the conflict between the worlds two economic superpowers and that eventually it will be resolved. Trade developments hav moved the market both higher and lower inin recent weeks. Today, stocks rose along withst ins sentiment. The Dow Jones Industrial average rose 372 points to 26,728. The nasdaq was up 139, and the s p 500 added 38. Seema mody was following all of the action from theoc new york exchange. Reporter for the second straight day, easing global tensions sparked alobal rally. Stocks jumped on hopes that the u. S. And china will come to terms on trade. Officials from the two countries now plan on resuming highlevel trade talks in october. Triple digits close i c best twoday rally in three months. A wide range of stocks participated in the rally technology, consumer discretionary, industrial stocks like 3m and caterpillar that do business in chi ....
City this morning good morning for audience worldwide. This is bloomberg surveillance headed towards three weeks of gains in the s p 500 before we get to the weekend already looking forward to next week. Look at the lineup absolutely stacked, full of Economic Data. Wednesday cpi retail sales thursday jobless claims you got some retail earnings in the mix we will hear from home depot and walmart by the end of next week we should have a decent read on the American Consumer . It feels like every piece of data is choose your own adventure. You decide what comes in and what you think about this economy. Its been contradictions, ism goes into contraction. Earnings overall is great and gdp now tracker for percent. Make sense of that. Jonathan you all remember last tuesday fed might have to talk about raising Interest Rates in ....