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And stocks went nuts, all three major indices closing at record highs in spite of north korea firing another missile that caused an 80point drop in the dow for 13 seconds there is also concern about a government shutdown, whatever. Since the election, the stock market has added 4. 6 trillion in market cap. Is today proof that taxes are not priced into the market, do you drown out the noise and just keep buying . I think taxes have been priced in, tax reform has. Thats the slow rampup youve seen i would suggest the russells outperforming the market are in anticipation of this we addressed this last night, i still think theyre going to ram something through. Obviously a lot closer to that happening than we were 24 hours ago. I think thats what the market is reacting to is there bad news out there . 100 but you mentioned, north korea fires a missile, we dont bat an eye, President Trump makes a comment that we will handle it, somewha ....
Space, berkshire results and the letter tonight and tomorrow. Europe is pretty mixed in the tenyear below 289 begins with stock futurer pointing to a better open. Investors continue to digest the potential impact of higher inflations and rates on equities, three weeks since the selloff began. General mills bets on pets. The cereal maker agreeing to buy natural pelt food company blue for a billion dollars. And on the heels of historic tax reform, turbotax maker intuit delivering but weaker than expected guidance ceo joins us exclusively later this hour. Stocks are poised to open higher, three major indices on pace for third negative week in four First Time Since november of 2006 the nas ended in the red. S p and the dow about 6 below alltime high. After another session which couldnt hold the interday highs. It has happened four days in a row. I think theres scepticism of investors being willing to wade back the flow of shows as o ....
For Southern California into arizona. Not for us though. System to the north will sweep in starting tomorrow. That will start a cool down. Today is more about sunshine and warm to hot. There might be a late breeze over by the coast. 90s and 100s for some. 80s and 90s for others. All right sal still something going on in the city . Yes. And also in the east bay so we have a couple of spots, steve, where the traffic is not doing well. First spot we will start with is in san ramon. Southbound 680 a couple of different crashes. 680 which is normally doing pretty well at this time in the morning heading down to pleasanton is just not. Its backed up into danville because of these crashes southbound 680. San francisco they finally cleared southbound 101 near 280 its off to the shoulder but traffic will be a little slow there as you drive through. Its much better than it was. It cleared up rather quickly. This will will help the bay ....
A lot of that high cloud deck starting to work its way toward Southern California. Cant find much of a breeze. Sfo west at three. A lot of cloud cover and rain will move into Southern California. We have one more hot day here. Tomorrow we will drop 2025 degrees. A little cooler by the coast. 90s to 100s but still a lot of 80s and 90s around the bay. All right sal 4 31 on a monday. Yeah and still so far so good, steve on the roads. Good morning to you. And even. If you are driving any time soon. Lets take a look at what we have. San mateo bridge does not look bad as you head over to the highrise. It is a nice looking drive. Weve had some crashes over night but they have not caused any major delays. As you take a look at the bay bridge toll plaza there is a little backup. Maybe people cant sleep its so warm. There are no problems in the south baby the way as you look ....
Northeast storms wreaking havoc. Details ahead. First, though, over to sue. Shes here at cnbc hq. As you know its a new trading month, but the volatility continues, and the dow has been both up and down. Triple digits today. You can basically call that flat. In terms of Interest Rates, the yield on the tenyear note right now is 1. 664 . Brent crude firming up a little bit. West texas intermediate is up about 1. We have ice brent up better than 2 on the trading session. Bob pasani is here to flush that out for us on the nyse floor. Bob. You are absolutely right. New month, but same pattern. That is more volatility. The s p moving the 30 point range today, and were not even over yet. Take a look at the Dow Jones Industrial average. That also moving to the 200 point range. This has been happening all throughout this year. Average last year the dow from a high to a low on a ....