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Tenyear yields above 2. Fourth quarter gdp revised down to 2. 2, above estimates road map begins with the markets, shaking off that disappointing gdp number. As we kick off the last day of february. But the big question, could today be the day we finally see nasdaq 5k . Retails in focus, earnings miss, jcpenney shares down nearly 13 in the premarket. A better report from gap puts that company in the green. Return of the mac. Shares of mcdonalds up 6 in two days. Why its shares could hit the 100 mark for the First Time Since july. But first up Fourth QuarterEconomic Growth slower than the government expected. Up 2. 2 compared with previous estimate of 2. 6. The nasdaqs up 7. 6 for the month and is within 13 point of 5000. The dow rising 6. 1 . Its on track for its biggest monthly point gain ever. S p up 5. 8. You dont ....
Back the last time we hit the high was 2. 75. Americas unemployed back then 6. 7 million, now 13. 2 million. The size of the feds Balance Sheet back then less than a trillion, now it is over 3 trillion. We will be talking about all these things, how we are similar and dissimilar to last time we hit those highs. Down at the nyse. Lets talk about the 10 stocks hitting the 52week highs. It is great news, lots of champagne. Nicole really is exciting for all the people who saw the dow at 6500. Some cases alltime highs. Today is a record intraday high, a record closing high. A day that goes down in history. David it wasnt all roses for everybody, jcpenney down bigtimebigtime, other stocks, t generally speaking we are across the board making history today. The nasdaq could actually end up moving a lot closer. This is a recordbreaking day. October 9, 2007 was the last day we came close to this record. Back then 14,164. Right now as you can ....
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