The mooch, what he thinks about president ial candidates calling President Trump, his former boss, a white supremacist. All that and more on making money. Charles it has been one heck of a week for the markets, right . This is an impressive rebound. The question are professional investors trading momentum . Could the major averages retest the lows . I want to head down to the New York Stock Exchange to our own Jackie Deangelis what ask going on the floor. Jackie. Reporter one heck of a week indeed, charles payne. I lived it. We have a little bit of a relief rally on our hands. The dow is up 295 points. It is just off the session highs. There is strong momentum to the upside. A strong combination of positive earnings. Lyft after the bell, yesterday, high hopes for uber after the bell today. Also the fact that investors, traders alike are looking at the market, saying are there buying opportunities . Something has been beaten down a lot t could be a good time to pick some up. Meantime i
Capitol hill where Congress Just eight hours to pass a budget deal to keep the government funded. We are just hearing there may be some big complications. A live report from washington. But first, get a handle what happened, down on stocks. Nicole petallides standings by on the floor of the New York Stock Exchange. And nicole, we really saw the selling accelerate here into the close. Tell us about it. Absolutely. What weve seen last five days, more than 500 point swings. We come in today with second biggestpoint move ever in history. Down over 1,000 points. Today alone, down 4 , 4. 15 on thedown, Dow Jones Industrial average with more than half the names on Dow Jones Industrial average hit being correction mode, off more than 10 for their highs. Dow jones industrial average closed on january 26th at the awe time high of 26,616. A correction mode as well. Bond yields are on the rise. Treasurys moving to fouryear peaks. That pressured stocks. Budget in place moving forward. That is spend
Drain midday. Top performers of the year, dropping big time on the news. This is the events of the day, congrescongressional bungling, e an allstar lineup of guests to weigh in. Risk reward starts right now. Were not doing this for political benefit. Were doing it to help improve peoples lives to get this country back on track that get economic growth, we have not had a 3 economy in about a decade, wages are flat. Living standards get flat, economic anxious anxiety and insecurity goes up, that is what happens when people are worried about whether they can put food on the take will or pay energy bill next week or month, that is a real problem in america, purpose on this legislation to give middle income tax families a break, half of the country is living paycheck to paycheck. That is who needs relief. Liz chaotic day for a calm stock market, dow dropping 253, retracing back, finishes down 101, only been down, drop 1 twice since august, not since brexit have we seen a drop of 5 . It is a
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