fromservesn office and disgrace. but for this breaking federal classification rules, some of the stupidest and most dishonest laws congress s hasasn ever passed. it s like arresting el chapoint. for expired plates. it s missing the point, but it looks like that s what s going to happen. it seems like every day when abidance lawyer shows up with more sheaves of classifierd documents, like a dog who se found another dead chipmunk under the house. this bunch was in his office at pen , the one paid for by the communist party of china. ch these were found next to hisinat sad little mid-life crisis. sportscar in a garage in delaware and so on . you keep waiting for the white house physician to announce another document. trove has been discovered after a routinr the colonoscopy. it could happen because at this point, you know exactly where this story is heading. permanent washington does not want joe biden to run for biden president . again, this is how they re t i sending that
Time in history. Instead it rallies to new highs dow gaining 256 points s p climbing 1 . And while that may seem crazy, theres actually some very good explanations lets start with the negatives, though first there was this mornings tweet from the president , meeting with chuck and nancy today, of course, chuck schumer, nancy pelosi about keeping government open and working. Problem is they want Illegal Immigrants flooding into your country unchecked. Are weak on crime and want to raise taxes substantially. You know at most times the story like that about a potential Government Shutdown would have sent the stock market into a complete tailspin. Government shutdowns are synonymous with lower stock prices even if the democrats hadnt canceled their meeting the rally over this could take weeks, months secret that tends to weigh on the stock market. But not this stock market. Instead we rallied on the news why . Who knows. Maybe it signals that the republicans dont need votes to keep it fund
And a world war veteran. Were standing in front of that home on 2300 block of eagle avenue in alameda. Whats left of this home following that morning fire. The house going up in flames and crews finding that man deceased inside. Lets show you some video from our nbc bay area skyranger. According to alameda fire, theyre saying their fire started roughly before 6 00 a. M. Started seeing smoke coming out of windows and basement areas the crews were able to knock this out in 30 minutes, but they found the elderly man inside pronounced dead on the scene. He lived here decades, mostly by himself. He was a world war veteran and folks the this tightknit neighborhood described him as a fine man. Their worst fears were confirmed when he didnt come outside. Here is one of the neighbors i spoke to speaking about her neighbor this morning. He was old and we would all try to pitch in and help. And, you know, he would come out and sit on his porch every morning and everybody, you know, would give him
The impact on the markets. Fed chair jay powell steeping out on cap hill. He signals the fed will keep raising rates. On that note lets go to senior economics reporter Steve Liesman for more highlights. Thanks very much. Yeah, fed chairman Jerome Powell in his first testimony before Congress Says that he doesnt believe this is going to happen, but one of the risks out there is an overheating of the economy. And he opened the door in a very subtle way to a possible fourth rate hike. Saying, you know what, the economy is strong. Weve had fiscal stimulus. His view on the economy strengthening as well. Heres what he said. Weve seen fiscal policy become more stimulative. So, i think each of us is going to be taking the developments between since the december meeting into account and writing down our new rate path as we go into the march meeting i wouldnt want to prejudge that. Heres what jpmorgan says about that economy todays comments appear to open the door for others on the committee to
In honor of facebooks latest results, were throwing it back with the most liked singers on theocial site. Good theme. I dont know who this is. Do you . No. Selena gomez im told. Most of the averages yesterday ended little changed after the fed pointing to a higher start this morning. S p futures up 4. Dow futures up 33. And nasdaq futures are up 3. The big stock to watch today will be facebook. Shares under pressure, this despite a much better than expected 77 increase in earnings. Results were once again driven by strong growth in the mobile ad business. But analysts say investors are worried about whether the company can keep up the growth. Company warning again about that. Much more on facebook when we speak to gene munster. A look at the Global Market picture. First japan closed for greenery day holiday. Other asian markets, seeing red on the screens of hong kong and shanghai, down about a quarter percent. European borses looking good. For the week so far coming into today, up abou