Optimism. Keep in mind, folks we currently have tariffs on 360 billion in chinese foods. Reality this rally is based on a strong economy, strong earnings. By the way it is also my birthday today. The question, is there more room to the upside . President trump is weighing in on the surging market which doesnt appear impacted by impeachment hearings as we approach dow 28,000. Another record stock market. 21 times this year, despite ongoing, totally unfounded witchhunt and a Democrat Party would love to see a nice big juicy recession, in actuality the potential for the United States is unlimited. We will power through the do nothing dems. I do agree. Our potential is unlimited. I want to bring in to discuss this sure vest president , rob luna, Kingsview Wealth Management cio scott martin. Let me start with you. I was saying the other day last week when we got the Consumer Sentiment number out, were not past where we were in january of 2000. If we ever get through there as a nation, reall
Particular. Dow futures are indicated up slightly higher. Steve, ill send it back over to you. 8 30 eastern, we get weekly jobless claims, expected to rise by 4,000 to 297,000 below that 300,000 mark. At 10 00 a. M. , we go august factory orders for july. In global news, the European Central bank meeting in frankfurt, a policy decision due around 7 45 eastern. And then president mario draghi will hold his usual News Conference less than an hour later. Indefendanters will look to draghi for news of the asset buying program. In europe, it is negative following through on the u. S. , but not quite as much as yesterdays selloff, guys. Its a record 23. 5 billion dollars pulled from its flag shift fund in september. The daily outflow happened on the day bill gross announced hits departure from the firm. Just to put it in perspective, though, its still smaller than i think the number of the year before was like 290 billion. And this is a fund with about 222 billion in it. While that sounds li
It topped speeds of 200 miles per hour. Not sure where you would be driving 200 miles per hour. West side highway anyone . Robert will be joining us with the story in the next half hour. Joe mentioned that today is the last day of the First Quarter. We had a really big rally yesterday although volume was light but the dow and s p back in positive territory for the quarter and noticeably the s p is trying for the ninth straight quarterly gain. That will be the longest quarterly winning streak since the mid to late 1990s. Check out the futures and it doesnt look like theyre cooperating. Theyre down by triple digits. Its a decline of 103 points. S p is looking like its indicatinged to open down by 13 points and the nasdaq is down by 22. Its triple digit moves. Heres the other big stories were watching. Today is the deadline for the u. S. And five other nations to reach an agreement over the nuclear program. Theyre back underway in switzerland and look to be going down to the wire. Well ha
Sitting right on the 18,000 mark on a day when were up 288 points on that index, or about 1. 6 . That also makes it the outperformer of the session. Look at the s p by comparison. Up by about 1. 3 adding 23 points. The nasdaq having a decent day as well adding 53 points. Almost back at 4950 as it continues, bill to climb towards that 5,000 mark. And can we see wti oil for one second . A late, very late rally here after the state Department Said that there was a 5050 chance that we would have a deal with enron by tomorrow. I love this. When kelly and i heard that you said oh gee, only 50. Only 50 50. At least we got 50 50. So half full half empty. Either way, oil rallied, and about a one dollar day on the closer comeback really is what it was. Because it finished down. Well talk to our guests about what that means. We have energy reacting to that move. And we have the financials leading the way today. Notably jpmorgan after that barrons Weekend Edition with jamie dimon on the cover. I h
Knockdown political fights on the stage. Welcome to our viewers in the United States and around the world. Im george howell. And im natalie allen. Youre watching cnn newsroom. And good day to you. We begin this hour in cleveland, ohio. The first u. S. Republican president ial debate where candidates met face to face for the first time. Frontrunner donald trump and his closest rival jeb bush were at center stage. Hometown favorite john kasich, the governor of ohio, got a huge ovation. The candidates top target, democrat Hillary Clinton, president barack obama as expected but they also went after each other at times arguing over government surveillance and their ideas about immigration reform. The debate got off to a rousing start when fox news anchor bret baier asked a question clearly aimed at donald trump. Would every candidate pledge to support the republican nominee and rule out a thirdparty bid for president . Were looking for you to raise your hand now. Raise your hand now if you