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Med, which helped lift the mood. Well have more on that in a moment. Anl streets view of the u. S. china trade negotiations, which seem to changeil they were optimistic today. It all contributed to a continuaon of the latest rally that began in early october. The dow was up another 190 points, nasdaq was up 112. S p added3. Mike santoli takes a closer looe ater the new highs can hold. Wall streets record rally t slowed in rec weeks but not yet stopped. The broad s p 500 drifted to a fresh alltime high monday, it up only a fraction of a percent over the past ten days. Now with th i ahead by nearly 25 for the year, the question turns to wheer the rally has already priced in most good news on th economy and trade or whether the market is really pausing ahead of a typicalun homestretch higherhrough december. The key drivers for the markets recovery since august remain in placsi raant rec fears in late summer now appear unfounded. Mobile growth is showing signs of picking it. The United States , City Of , United Kingdom , Bell Palo , Zillow Schuyler , Jack Kline , Tiffany Bo , Schuyler Olsen , Mike Santoni , Cnbc Tim , Brian Sullivan , Good News , Key Drivers , Late Summer , Federal Reserve , Market Action , Investment Officer , Asset Management , Last Point , Less Consumer , Santa Claus , Market One , Stock Market , Second Quarter , Months Next , Republican Convention ,
The nasdaq lower by 15 and the s p 500 lower by 7. Andrew . Thank you, michelle. Hope you had a good weekend. Well tell you about the Corporate News as pimco is working to assure clients it has a solid team in place. Thats what they are telling everybody to manage their funds following the very public departure that surprised so many of us of founder bill gross that happened right here on the air on squawk friday. The bond giant has seen 10 billion in outflow since that news first broke. And the wall street journal now saying some are projecting withdrawals could hit 100 billion or more. The ripple effects from gross departure being felt far beyond pimcos doors. In Newport Beach they dropped upon the gross news. Also, meantime pimcos new ceo doug hodge says they are moving away from the founding. In an interview the total return fund run by gross does, in his words, decline pi ....