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Good evening, everyone, well, it looks like sell in may and go away didnt quite work out this time. Both the simply and dow closed at new record levels today on the last trading day of the month, stocks lower for today following a disappointing surprise on the economic front showing Consumer Spending in april fell for the first time in years as prices started to inch up. But despite that the bulls persevered. The dow closed at an alltime high, the s p putting on three and a half points to 19,023, but the nasdaq fell five months, for the months the nasdaq was the best, gaining 3 , the dow up 1 , the s p rose almost 2 . And despite the strong gains this month many smart investors are confused. Stocks are up, and so are bonds, not just before the Federal Reserve is buying them. What is going on . Dominic chu has more on why people are so confused. The bulls and bears are bot ....
Well, it looks like sell in may and go away didnt quite work out this time. Both the simply and dow closed at new record levels today on the last trading day of the month, stocks lower for today following a disappointing surprise on the economic front showing Consumer Spending in april fell for the first time in years as prices started to inch up. But despite that the bulls persevered. The dow closed at an alltime high, the s p putting on three and a half points to 19,023, but the nasdaq fell five months, for the months the nasdaq was the best, gaining 3 , the dow up 1 , the s p rose almost 2 . And despite the strong gains this month many smart investors are confused. Stocks are up, and so are bonds, not just before the Federal Reserve is buying them. What is going on . Dominic chu has more on why people are so confused. The bulls and bears are both sitting around scratch ....
Outweigh the reward . Well have that for nightly Business Report on friday, july 12th. This was not a good day for boeing or its 787 dreamliner or the investors. Shares down 5 keeping the dow under pressure from midday on. That was when news hit that an empty ethiopian 787 dream liner caught fire at londons health row airport. Its involving a new aircraft so critical to boeings future and seth caplin says investors need to Pay Attention to these kinds of events. From a perception perspective for boeing, these things are not helpful. Investors are going to be looking for some certainty here. They will be looking for, you know, is this just the latest thing . Is there Something ElseGoing Forward we dont know about . Not helpful to put it mildly and if the fire was not ....