By the close, it rose to 17630. And the s p 500 gained 25. Exxon mobile and chevron were big gainers today because of the rise in the price of oil today. And two earnings came from pfizer and merk. They were held for the pneumonia vaccine and the Breast Cancer drug. Merck also raised their profit gains. Ford reported a blowout quarter. Posted their best earnings in 15 years. North america is strong but there is a growing concern about the Worlds Largest auto market china. It may sound cliche but it is Good Business is booming for ford in north america where they just had their most profitable quarter ever. In part because of Strong Demand for trucks and suvs. Take the new f 150. Customers are paying almost 3800 more for the new truck in that model. That is something that we dont see very often in the auto try. With auto sales nearing a record high many are worried that the industry has peaked. But fords ceo is not worried about americans hitting the brakes. There is a lot of discussion
By the close, it rose to 17630. And the s p 500 gained 25. Exxon mobile and chevron were big gainers today because of the rise in the price of oil today. And two earnings came from pfizer and merk. They were held for the pneumonia vaccine and the Breast Cancer drug. Merck also raised their profit gains. Ford reported a blowout quarter. Posted their best earnings in 15 years. North america is strong but there is a growing concern about the Worlds Largest auto market china. It may sound cliche but it is Good Business is booming for ford in north america where they just had their most profitable quarter ever. In part because of Strong Demand for trucks and suvs. Take the new f 150. Customers are paying almost 3800 more for the new truck in that model. That is something that we dont see very often in the auto try. With auto sales nearing a record high many are worried that the industry has peaked. But fords ceo is not worried about americans hitting the brakes. There is a lot of discussion
From china. By the close, it rose to 17630. And the s p 500 gained 25. Exxon mobile and chevron were big gainers today because of the rise in the price of oil today. And two earnings came from pfizer and merk. They were held for the pneumonia vaccine and the Breast Cancer drug. Merck also raised their profit gains. Ford reported a blowout quarter. Posted their best earnings in 15 years. North america is strong but there is a growing concern about the Worlds Largest auto market china. It may sound cliche but it is Good Business is booming for ford in north america where they just had their most profitable quarter ever. In part because of Strong Demand for trucks and suvs. Take the new f 150. Customers are paying almost 3800 more for the new truck in that model. That is something that we dont see very often in the auto try. With auto sales nearing a record high many are worried that the industry has peaked. But fords ceo is not worried about americans hitting the brakes. There is a lot o
Google takes a challenge to apple and amazon. The focus now is on Artificial Intelligence. Kathleen who will be the next fed chair . A story the keeps on giving. 24 hours ago we got news from bloomberg that trump aids that trump aides have given him a short list. Who trump is going to pick, nobody knows. Stan fischer would not say. Heu can get the sense is not in favor of girls for a fed chair. He thinks you have to have flexibility in be able to change very quickly. Whoously, no one will say will get it, but that is what everybody seems to be talking about. Yvonne nevertheless, market see them out. A slow grind this time around. Why we are talking so much about who the fed chair will be on this slow day. Ended 50 up. Nzx 50 up. But pretty much flat on the asx 200. Retail sales for august coming up in the next hour. Aussie continues to be continues to defy buyers. Still above that. 78 handle this morning. Japanese futures lower by 10 . A higher open in tokyo by about 70 points or so. D
From time square in new york city, the new wall street week. Welcome the founder of Portfolio Manager trading as well as ben thompson, advisors. It is great to have you here. Background. Did you always know you wanted to be a bond Portfolio Manager . I couplet in that category in second grade and haven t gotten out. [laughter] i discovered it early on. I worked in the early 90 s that goldman sachs. Now that i have interest in the bond market and Municipal Bond left to form Samson Capital advisors with a number of partners, focusing on fixed income investment, primarily taxpayers. I know a little bit about let s go back to growing up. I decided very early because t a very good student that this would be my my study would be to our charts and learning about stocks in the way markets move and how they react to economic numbers and all the different the market. You decided to leave college street. I called gary three weeks before we were supposed to go back to our senior year at syracuse a