Has joined the hit parade. Months to it three join the s p and nasdaq. Has not happened since march 1 since all three close at a record. Like there isem any sort of big fundamental catalyst. We have a jobs report tomorrow, the Economic Data today was relatively mixed, jobless claims coming in a little bit worse than estimated but on the other end, manufacturing data better than estimated. All of it combined to send stocks higher. The dow, what we have seen since march 1, definitely has not been all sideways since then because the dow had a drop to midapril before trying to recover and reacting the record several times before finally perhaps making it today before the end of the session. The three major averages, a chart that looks at them since the election. Returns we have seen, the dow has consistently been the laggards into 2017. After the election, it was the leader for a while and it has been behind, particularly the nasdaq which has been the big winner since the election. One sto
Has joined the hit parade. Months to it three join the s p and nasdaq. Has not happened since march 1 since all three close at a record. Like there isem any sort of big fundamental catalyst. We have a jobs report tomorrow, the Economic Data today was relatively mixed, jobless claims coming in a little bit worse than estimated but on the other end, manufacturing data better than estimated. All of it combined to send stocks higher. The dow, what we have seen since march 1, definitely has not been all sideways since then because the dow had a drop to midapril before trying to recover and reacting the record several times before finally perhaps making it today before the end of the session. The three major averages, a chart that looks at them since the election. Returns we have seen, the dow has consistently been the laggards into 2017. After the election, it was the leader for a while and it has been behind, particularly the nasdaq which has been the big winner since the election. One sto
Has joined the hit parade. Months to it three join the s p and nasdaq. Has not happened since march 1 since all three close at a record. Like there isem any sort of big fundamental catalyst. We have a jobs report tomorrow, the Economic Data today was relatively mixed, jobless claims coming in a little bit worse than estimated but on the other end, manufacturing data better than estimated. All of it combined to send stocks higher. The dow, what we have seen since march 1, definitely has not been all sideways since then because the dow had a drop to midapril before trying to recover and reacting the record several times before finally perhaps making it today before the end of the session. The three major averages, a chart that looks at them since the election. Returns we have seen, the dow has consistently been the laggards into 2017. After the election, it was the leader for a while and it has been behind, particularly the nasdaq which has been the big winner since the election. One sto
And theres suddenly this renewed sense of optimism, either believe it or talk it with a grain of salt that republicans might be back on their feet as it relates to trying to great the American Health care act passed. Senator bob corker, republican, said he feels it is better than a 50 50 shot that republicans are able to get something to the senate. I was emailing with the spokesperson for paul ryan earlier today who told me that the speaker has told members he wants them to continue discussing this issue. So just a little while ago at the White House Press briefing i asked sean spicer, because its one thing for congress to talk about this, its another for the white house. So i asked him, has the white house been involved with any renegotiations as it relates to the American Health care act. He said, somewhat, and put a ceiling on their involvement. Watch. Staff has met with individuals and listened to them. Have we had some discussions and listened to ideas . Yes. Are we actively plan
Note. As for the european markets lets go to the map. There is more red than green on the screen today. Mirroring really what we saw in the United States post the yellen News Conference. Our roadmap today starts with the markets. Stocks under pressure again after sliding during janet yell yellens First Press Conference yesterday. Is it all about interpretation . Well explain. Plus, Goldman Sachs is the latest bank to go bearish on china slashing its Growth Outlook for the next couple of years well tell you why . And how about lennar and underarmor as well the Companies Making big moves thus far this morning and, of course, nike reports after the bell this afternoon. Well go behind those numbers and tell you everything you need to know. Well, its the message heard round the market world. Courtesy of janet yellen in yesterdays News Conference following the fomc meeting the fed chair said the period between the end of the feds bondbuying program and the first rate increase from the centra