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Same with the nasdaq up about 60 points. Close to 1 . Here is the big stock news of the day. To stand out retailers. Target and lows. Both did very well in the profit report earlier this morning and consumers have money to spend and their spending it. It is the giant retailers who are responding best to Amazon Online challenge. Look at the two stocks go. 70 up for target and 12 for lowes. That is valid. This is not a race, i will ask you anyway. How much do you have in your 401k or you are away . I hope youre one of the hundreds of thousands of people who have at least a million. According to fidelity, 196,000 have 1 million bucks in the 401k and 179,000 have a million in their ira. Those are Record Numbers. The u. S. Drone has been shot down over yemen, it was an in queue nine drone otherwise known as you reset. It is been a long time since this kind of incident and that is tr ....
The china trade fight is clearly escalated. The president s holding on to a very strong line. Any resolution, it seems to me, pushed down the road. More on that coming up. If you combine the jobs report with the china story, heres how the market opens today. I thought we would be down about 100 points but we are coming back. We are down about 20 points for the dow. That will be 29 minutes from now. Maybe the markets taken the Financial News to mean that the fed can lower rates in the future. 600 points down the last two days, down about nine at the open this morning. The s p down about four, nasdaq down about 44. Tempering the losses. Heres another really big financial story which i dont think gets the right exposure. Interest rates. The tenyear treasury yield all the way down to 1. 88 . Money is pouring into america. Why not . Interest rates in germany today hit a record low. You want interest on a bond, you got to come to americ ....
The dow is going up another, what, 140 points plus when trading begins today. Its another big gain for the dow. Also for the s p. Look at it go, up another 17. The nasdaq, that looks like its going to be up another 1 . The win with mexico and the feds likely rate cuts, thats whats driving this thing. So, too, is the news early this morning that Small Business confidence has come roaring back to historic highs. That survey was taken in may, when everyone had the jitters about trade wars. Small business ignored the noise. They are investing, theyre selling and theyre hiring. All good stuff. Theres also this. Gas prices are tumbling. The National Average is down to 2. 73 and falling fast. That is another shot in the arm for the economy. I think its helping the market as well. Watch out, iowa. Here comes the president and his current leading challenger, joe biden. Looks like a ....
Stacey abrams is so delusional, she thinks shes the governor of georgia and by the way shes essentially unemployed. One of her last regular jobs, she wrote bad porn novels. Kamala harris is so apparently transactional that even democratic primary voters found her repulsive. Pretty much no one who knows Kamala Harris likes her. Overall, its not a Blue Ribbon Group but according to joe biden, this isnt a normal year in the normal standards dont apply. For what could very well be the most important job on earth, biden has decided to hire exclusively on the basis of qualities that are both immutable and completely irrelevant. Race and gender. Thats it. But wait a second, you ask, isnt that insulting . Isnt it wrong . Isnt it probably illegal . Yes, it is all three of those things but no one is pushing back against it so biden is doing it. The problem is that all three of the pe ....
Fidel castro acolyte who praised scientology and once belonged to an Armed Revolutionary group. She is out. Stacey abrams is so delusional, she thinks shes the governor of george and by the way shes essentially unemployed. One of her last regular jobs, she wrote bad porn novels. Kamala harris is so apparently transactional that even democratic primary voters found her repulsive. Pretty much no one who knows Kamala Harris likes her. Overall, its not a Blue Ribbon Group but according to joe biden, this isnt a normal year in the normal standards dont apply. For what could very well be the most important job on earth, biden has decided to hire exclusively on the basis of qualities that are both immutable and completely irrelevant. Race and gender. Thats it. But wait a second, you ask, isnt that insulting . Isnt it wro ....