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It the longest streak of record closes in 20 years. That of course no small feat. Investors are optimistic about broad Economic Growth both here and abroad. Theyre encouraged by corporate earnings and the prospect of u. S. Tax reform hasnt hurt either. Today the Dow Jones Industrial avere rallied 113 points to 22,775. The nasdaq added 50. That s p 500 was up 14. Bob pisani has more on wall reporter the record rally rolls on. The s p 500 closed higher for an eighth straight day. It makes it not only the indexs longest winning streak, its also the longest string of record closes. The markets ticked higher on news that the house voted to approve the republicans laters push for a budget resolution. That will now go to the senate, setting the stage for tax reform. With tax reform back on the table, banks, material, and Ener ....
At one point the dow was actually up triple digits. The closing numbers, the Dow Jones IndustrialsDow Jones Industrials added 56 points to 20,663. The nasdaq rose 43. And the s p 500 was up eight. Bob pisani spent the day at the New York Stock Exchange figuring out why stoc [ bell ringing ] reporter yesterdays selloff was a oneday event, at least so far. Traders had been nervous going into the open because yesterday a lot of big institutional traders were selling stocks. The concern was that the big players would continue to sell today. That did not happen. Wall street strategists also do not appear ruffled by the wild ride yesterday. None of them were taking future stock gains, at least not yet. Jpmorgan told clients they were still raising earnings estimates because corporate guidance has really ....
And carl quiis live at the Performing Arts Center in california, just 1. 3 miles from apple. You know, carl, there is a real historical sort of echo that theyre having this event at the flint center, a place they havent used for Product Launches in quite sometime but some of the most important ones actually were unveiled. Absolutely true, tyler. This is where steve jobs unveiled the mac in 1984. 30 years ago. Its been four years since apple introduced a completely new product category and four years since this is the first new category for tim cook, of course, who succeeded steve jobs as ceo. This is the worlds biggest tech company, guys. Brought us the modern graphic based pc, modern smartphone, the tablet, the music player. So over the next hour, we are going do get some specifics finally after a lot of speculation about a bigger phone, about a watch, about a paymen ....