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Investors. Dow gained, nasdaq rocketedstra much alphabet and amazon. Not to mention microsoft. Thats four straight week in the black for the averages. I find that amazing. With the Global Economy obviously slowing, this market is taking up the big industrials and the tech stocks and throwing away the witnesstreasured healthcare names, at least until today, where they tried to rebound. Industrial and tech have been weighed down by the short dollars. Tell that to the ceos of microsoft and alphabet, which is of course google, and amazon, who stopped the shorts last night. Down there giving them the business with magnificent earnings and fabulous Conference Calls. More on that later. That doesnt mean my thesis goes away. Today healthcare may have escaped from the bears den. But now retail is being mauled. Footwear star sketchers fell short of estimates, something well talk abou ....
And an activist may finally be gunning for democrats instead of challenging their own in primaries. Liz cheney pulling out of the senate race and Governor Walker says stay on those tracks and focus on the dems. The kudlow report starts now. Good evening, im larry kudlow. We are live here at 7 00 p. M. Eastern, 4 00 p. M. Pacific. We begin with the breaking news, janet yellen officially confirmed as chair of the federal reserve. Eamon javers joins us with all the details. Good evening. Reporter in the end the vote was 5626 to confirm janet yellen as chair of the federal reserve, the first woman to hold that title and by some accounts, as of tonight, the most powerful woman in the world. Larry, 5626 is a bit of an unusual vote total in the United States senate. You might notice it doesnt quite add up to 100 senators. They had a little difficulty with all the travel troubles get ....
Wall street, but all of a sudden we had the worst selloff in three months. We are going to take a look at what drove stocks down and by the way, i happen to like this minor correction. I happen to think people should stay the course for long run wealth creation. All those stories, much more, coming up on the kudlow report beginning right now. Good evening, everyone. Im larry kudlow. This is the kudlow report. Were live at 7 00 p. M. Eastern, 4 00 p. M. Pacific. Lets get right down to the floor of the New York Stock Exchange for more on todays big 179 point dow drop. Bob pisani joins us with the news. Good evening, robert. Stocks started mixed but moved lower midday and closed essentially on the lows for the day, larry. Goldman sachs issued a report saying valuations were lofty by almost any measure. Then midday, atlanta fed president Dennis Lockhart said he would co ....
Companies are going to earn or sell. The making and missing of those expectations controlled the market today with the dow climbing 42 points and s p 500 back sliding and nasdaq declining. A watched it drop like a stone, boom, boom, boom. Then we listened to the call and American Express is doing better than expected. And the stock rallied 3 and change. Investors came into the intel and General Electric quarters hoping that Industrial Sales getting stronger of the intel choose to be far more sir couple inspect and didnt give that positive and General Electric talked about a mixed picture environment. And ge sheds 2. 28 , the latter seeming out of sync with the fact the headline said things are good. With that expectations in mind, lets go over next weeks gam ....
Art museums are a criminal's dream as they house art that is as easy to transport as a piece of paper. Art crime can be a lucrative enterprise with ....