Take a look, winning week better than 1 . Nasdaq turning positive for the year with gain on the session yesterday of 125 points, the dow industrials up 211 almost 1 and the s p yesterday 32 at 4 00 oclock on wall street. On the trade front top u. S. And china negotiators holding a call agreeing to implement phase 1 of the trade deal as and bombshell on Michael Flynn case. Justice department dropping the case against National Former adviser Michael Flynn after serious memo raised questions about the investigationment we have all the details. Boeing ceo David Calhoun, special guest live at 7 00 a. M. Eastern and look at Airline Industry and the latest of the still grounded 737 max fleet, mornings with maria is live right now. Global markets look like this. Take a look. Easing of trade tensions to the United States and china where the two sides agree to finish out the phase 1 deal, cac quarante 36, dax index up 88. German experts down nearly exports down nearly 12 on record. Best performe
For what happens next. In corporate news, becky, apple hold ago product event in california today. The company is expected to unveil the latest event to the companys new line. Mavericks operating system. In other tech news, nokia launching its first tablet today along with two large screen smartphones. These are among the last products the company developed to compete with apple. And samsung. Before deciding to sell its hand set business to microsoft. Microsoft, service 2 and service 2 pro tablets go on sale in 22 initial markets today, including the United States. Both are updates of the first generation surface tablets released last october. Improvements include increased battery life and higher resolution screens and camera peps joe, get your geek glasses on today. You know what, steve . I am more interested in this jobs report than the next one. I dont why . Because im not interested in what the shutdown did. Im interested in the basul level of the next two will be a mess. The expe
Protest around the world about low wages. President obama removes special trade benefits for russia. He says the country no longer needs them. Fed chair janet yellen and russian president putin move the market. Putin wants to postpone the east ukraine vote on autonomy. And yellen signals the fed will remain pat with its stimulus strategy. The dow raced up 118 points the nasdaq was hit with another sell off in big tech and the s p gained 10 points. Gold fell 19 dollars and oil rallied 1. 21. Trader todd horwitz is here to start our trading day for us. Good morning, todd. Good morning and whats up, angie . Well apparently its not Interest Rates because janet yellen is telling congress rates will remain low, so what we do with our money, todd . Well unfortunately you are forced and compelled to put your money into the equity market which is artificially driving this market higher. Again. Im not going to fight it but i just think that we are in very bubblish territory and as we know, the f
Capital. Good morning matt. It wasnt too long ago you were on the show, and you were talking about the s p 500 going to 1600. That doesnt seem so out of the picture now. Are you sticking with that . Absolutely. The underpinnings of the market, and i think what 2013 is going to become known for, is a shift in embracing again equities after years of such high anxiety. I have come across a chart the shows how high the market can go after these extreme periods where there has been a rush into fixed income, and i think we are kind of unwinding that. That is one of the big underpinnings, along with, of course, a good economic recovery and good corporate earnings. What do you think about a recent call someone made saying that the s p could go to 1700 this year. Is it possible . I would hope so. But that is going to be tough. I am looking at the 1600 level. But remember the 80s and 90s, when the s p 500 was 100. Then it went to 300, then it went, of course, to 1500 in 2000. But think about it,
EDITOR S NOTE: This is one in an occasional series of articles about issues that are likely to return for debate in next year s session of the Iowa Legislature.