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Thanks ge aside, its rally on, garth the dow and s p up again today what correction . Because at session hides, the nasdaq wiping the 7 a 5point loss from the february 1st close to the february 9th low . Off the books. Stocks may be being po receding a bit today as many of you listen on this sirius xm, this is for you, shares up after more than a decades. The barrons article, this is cooler than the lithium channel. Bobbi sani is on on the floor of the New York Stock Exchange hey, bob. Hello, contessa we are seeing some nice moves up, near the highs of the day. I just want to point out this is the second day in a row we moved up. This is opposite of earlier last week when we went down in the middle of the day. So s p is sitting near the highs second day in a row. Theres three things that are happening. First, we are healing fast we moved down 10 . That second circle there is the bottom on the ninth we havent seen this in ....
Contained and were moving in the right direction there. That we have jump started a process to solve the civil war in syria which is like an open sore in the region. And is giving refuge to terrorist organizations who are taking advantage of that chaos. To make sure that in iraq not only have we pushed back isil but weve also created an environment in which sunni, shia and kurd are starting to function more effectively together. And to be in conversation with all of those in the region so they feel they can address any potential threats that may come including threats from iran. And that includes assurances and cooperation to israel building on the unprecedented cooperation that is put in place. It includes the work weve done with the gcc up at camp david making sure we execute that. If wed done those things then the problems in the middle east will not be solved. And ultimately its not the job of the president of the United States ....
Consecutive record close, the s p 500 also hit an alltime high. More on that in a minute, and investors put money into financial stocks ahead of the start of a twoday meeting. Many say the grind higher will continue as long as Economic Growth remains solid. The Dow Jones Industrial averages gained 63 to 22,331. Nasdaq was unsix, s p 500 added three. Bob pisani with mork on the week ahead and the markets move higher. The markets rose to new highs again. Theres several factors first strong momentum. Crossing 2500 the s p was a important kolodziej wall mar the s p is up more than 1 , this month, if we end here, it would then theres north korea where tensis you are lower. President trump spoke for the first time at the understand, gave a moderate speech. The hard part is ahead where he will be seeking to put World Leaders< ....
On j. C. Penneys macys and merck. Overall a cautious tone. A fed meeting on Interest Rates begins tomorrow, while widely expected to be a standpat kind of session. The gop will release details of tax bills. Thursday we should learn who the next fed chief will be. Friday brings the latest jobs report. In the middle of it all, apple and facebook will release earnings. Stocks seemed mostly nonplussed on todays news that Paul Manafort and a Business Partner were charged with money launders among other crimes as part of the investigation into the 2016 election. Both men pleaded not guilty. Heres how stocks fared. The dow lost 83 points, merck the biggest loser down 6 after pulling a key cancer drug. The nasdaq slips two, and the s p 500 gave back eight. Stocks took a bit of a dip midday after one media report hinted that the ....
These workers on the ground. You can probably watch them live here. They will hook up one of those giant sandbags to that cable thats below the helicopter and then this chop era long with all the others out here doing this taking part in this operation. They will lift that sandbag and then place it right there in the area of the emergency spillway that is erod ing and causes so much concern. That helicopter just lifted off taking another sandbag. This operation has been going on nonstop throughout the night and this is important work. They are working here with in a very narrow window. They know that more rain is coming on thursday. The other aspect of this operation is trying to got as much water as they can out of lake orrville. State water officials are releasing millions of gallons of water a minute over that main concrete spillway. We have to look at it from down below early this morning. That spillway is damaged but the damage not as bad as what is going on with the emergency spi ....