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Books help ge turnaround . Julie why not . Today, the answer appears to be corporate earnings and other individual stocks pushing things i. Things higher. Nasdaq at records today. As this momentum continues to drive trading. A great story that mike regan recently wrote in business week. He talked about the fear of missing out trade taking hold here, especially with retail investors. We have seen strategists raise their yearend forecasts. 8. 55 is the updated target, the alon yellow line. Quickly, wehe year, saw the s p outpaced the median yearend target. The dow at 26,000. Boeings price target being raised at citigroup. It was upgraded to outperform. Shares up 2. 6 . Unitedhealth group out with earnings. Because of taxes, earnings will be higher in 2018. Merck announcing positive results related to its lung cancer drug. Those shares up. Citigroup saying despite the 22 billion charge, it will stick to its payout for 2018 beyond because of tax benefits New York , United States , United Kingdom , El Salvador , City Of , Saudi Arabia , North Korea , South Korea , South Korean , Ben Affleck , Dick Durbin , Goldman Sachs , Brooke Sutherland , Steve Bannon , Julie Hyman , Taylor Riggs , Jim Hackett , David Westin , John Flannery , Jamie Dimon , Mike Regan , Price Target , Tax Benefits , Larger Company , Oil Gas , First Day ,
And welcome to power lunch. The dow is up above the 25803, holding on to 26,000, up by. 9 of a percent and big games in ibm and boeing. More ahead and Goldman Sachs shares taking a hit on the back of the earning. Well take a deeper dive into the numbers in a few moment. Thank you. Welcome, im tyler mathisen. And here is what else is happening at this hour facebook, google and twitter fold up to capitol hill and are telling congress they are going beyond screening and removing extremist content from their services they are actively fighting against that content and terror. Senate Banking Panel voting again to approve j. Powells nomination for the next fed chairman the vote advances his nomination to the full senate floor and home builder confidence slipping this past month but still hovering near an 18year high melissa. The dow back on the upswing after yesterdays selloff. Bob i ....
I am an astrologer this is the welcome is done once again to get into the nitty gritty the fun and betty they ultimately expression oh what station i have a confession to make we are actually in mexico right now oh my god thats true we are in mexico for this a toshi round table and we every prerecorded this so were at the situation round table talking about big plane with our fellow bit coiners and im pretty quoting this so just in case the price has crashed zero or the price has gone to fifty thousand we dont know at the point that were recording this but i do want to talk about the general headline here regarding that coin and it reads nobody puts bitcoin in the corner this is from f. T. Alphaville skate im super. And hes written for queen desk and queen telegraph and all these sorts on line wired as well about crypto currencies and stuff and this is gotten a lot of attention because of this opening these three paragraphs that i want to talk about very very fascinating way to put it ....
Offset the losses. Abigail a good observation. We are looking at risk mixed trading action. The nasdaq little bit lower. Energy one of the top sect yours, not able to offset some of the weakness we are seeing in other names. Take a look at the dow, on pace for another record close. The dow is on pace for its fifth day higher in a row. On paper, its best weeks since the end of tape and of april. And thehad the dow nasdaq closing at record highs for two of the so far three trading days of this week. Its take a look at one big area of movement on the day. Oil up about 1. 8 on the day, up for a fourth day in a row. It is not just the department of Energy Report yesterday, where the gasoline inventory was a much bigger drawdown than expected, but that Hurricane Harvey is a bit of a reset for the energy market. Plus, he thinks the dollar falling is a big positive for oil. A chart ....
London time boost the odds . Keep an eye on that speech later. President trumps suggestion that rhetoric is debt could be wiped out spooks wall street. The comments back. We will discuss. Move, you have barely anything happening here. Ibex. N eye on the it was a big move to the downside and we saw it replicated in other Asset Classes. Keep an eye on how spanish markets are digesting what we got overnight. Lets talk about the gmm and what is happening around the world. Asian markets had a good nights sleep. Nothing really happened overnight apart from some weak retail sated sales data. That was pretty much it. The dollar has gained action traction. Im wondering whether europe comes back with a bank this morning and delivers some surprises. We will watch the market open. Could be an interesting start to the day. An interesting session. Lets get a first word news up eight update. Selfie we are starting with puerto rico which faces a < ....