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Upping its offer for an aid package to 1. 8 trillion, President Trump tweeting go big a positive development on the covid treatment. Gileads treatment helps infected people recover five days faster than average and tech stocks are outperforming as a massive deal is in the work the week capping it off with a bang. Absolutely. The russell 2000 is up 6. 4 for the week the dow is currently positive for the year as a whole, just. Lets get to the stimulus news in washington and the reaction to it. Bob basketball has a look inside the market rally ylan moi, and Dana Peterson from the Conference Board bob, lets start with you on this very nice end to a strong week. Good news and bad news, will. Good news is, s p is up about 3 on the month the bad news is i am seeing a little bit of an inversion of the stimulus play today. That ....
I understand that when the dow dropped 36 and the nasdaq advanced. 14 . When we have the huge gains we had yesterday, bears do come out of the wood work to remind us the situation is remanencing of the move going to the nasdaq collapse that devastated so many investors. But while this market is definitely frothy, it doesnt feel like we are on the eve of mass destruction. Oh, yeah, ill admit there is a ton of speculation out there. Im not going to deny that. Its over heated in some sectors. Tech companies without prospects that come public. Bubbly markets that have tended to get crushed down the road. And the more ipos, the worse the outlook. We have this extraordinary moving tesla people keep talking about, the car company is being a savior to the electric grid. Lusk, even as this companys earnings are comerical and netflix. Amazon is going from 270 to 372 without making a profit. These stocks with some of the cloudbased softwares, salesforce. Com, workday concur, many data over valued ....
Portugal recovering by more than 2 . That doesnt get back all the losses from yet. Lets get more headlines from sara. Billionaire investor carl icahn putting up the caution flag. Reuters says it is time for investors to be cautious about the stock market and hes been very selective about the companies hes choosing to purchase right now. Well hear more from carl icahn next week. Do you have something to say . I can just tell you, ive known him a long time, ive been to dinner with him many times. Hes always every time i have had dinner with him, hes on the stock market, every single time. And especially like carl that looks at first vacations, a lot of these ooips guys always sort of think that things are overvalued. Im thinking this time i dont know if we had children, i mif just had any daughter. So its 14 years ago. We had a huge discussion at dinner on and on and on about it. All these reasons. And he went up well, since then weve tripled, probably. But weve at least doubled over the ....
This is cnn breaking news. Were following breaking news. President obama authorizing more troops seeking more money for the u. S. Led war on isis, up to 1,500 more American Forces will be deployed to iraq where vast regions of the country are under terrorist control. Chris van holland is standing by to talk about this with us along with our correspondents and other guests. Cnn chief National Security correspondent jim sciutto, give us the latest. This is a substantial expansion of the u. S. Military presence in iraq. We talk about doubling the number of u. S. Troops from about 1,400 with this additional 1,500. In fact, its ten times the number of military advisers since those first 300 were sent in in june. Its an expansion of where these troops are placed in eiraq. To this point u. S. Mill he tear advisers have been confined to here and erbil and baghdad. The pentagon sa ....
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