Wednesday, July 12, 2017

Trump rally being kept alive by mega profits. Will that continue?

The Trump rally on Wall Street was built on hopes of massive tax cuts. Now that tax reform is stalled in Washington, the rally is being kept alive by massive corporate profits.
CNNMoney Markets Now
 
Dow Nasdaq S&P
+123.07   +67.86   +17.72
21,532.14   6,261.17   2,443.25
+0.57%   +1.10%   +0.73%
YTD +8.95%   YTD +16.31%   YTD +9.13%
 
Biggest Winners
NRG Energy Inc +29.39%
 
Activision Blizzard Inc +5.24%
 
United Continental Holdings Inc +4.69%
 
NVIDIA Corp +4.25%
Biggest Losers
W W Grainger Inc -4.37%
 
Deere & Co -3.58%
 
CenturyLink Inc -3.23%
 
Harley-Davidson Inc -3.15%
Hottest ETF
Hottest ETF
NYSE Market Volume
NYSE Market Volume
Key Stats Latest Today's Change
Oil $45.42 -0.07 / -0.15%
Gold $1,219.10 0.00 / 0.00%
10-yr 2.33% -0.04 / -1.48%
Euro $1.14 -0.01 / -0.52%
News: What you need to know about the markets
 
 
Trump rally being kept alive by mega profits. Will that continue?
The Trump rally on Wall Street was built on hopes of massive tax cuts. Now that tax reform is stalled in Washington, the rally is being kept alive by massive corporate profits. Read more »
 
Will Buffett and Kraft Heinz launch hostile bid for Unilever?
One Wall Street analyst thinks that Kraft Heinz may make another run for Unilever once a six-month quiet period required by British law ends in August. Read more »
 
RBS to pay $5.5 billion to settle probe into toxic mortgages
The Royal Bank of Scotland has agreed to pay $5.5 billion to settle allegations that it sold toxic mortgages prior to the financial crisis. Read more »
 
Takata adds 2.7 million new airbags to giant recall
The fresh recall will affect cars made by Ford, Mazda and Nissan. Read more »
 
Donald Trump Jr. released emails moments before N.Y. Times report
Trump Jr. tweeted that he was releasing the emails to be "totally transparent," but his release came moments before The New York Times published the emails. CNNMoney's Brian Stelter reports. Read more »
 
Market analyst on stock drop after Trump Jr. emails
The Dow dropped about 150 points within half an hour of when Donald Trump Jr. released an email chain on his meeting with a "Russian government attorney." Silverbear Capital's Alan Valdes explains how algorithms play a role in the market's sudden drop. Read more »
 
 
 
 
Hi, let us know what you
think of this newsletter!
 
Tell us what you want to read more of... and less of.
Email your tips and feedback to MarketsNowFeedback@turner.com
Sign up for
Quest Means Business
newsletter
  Sign up for
Before the Bell
newsletter
CNNMoney Investing App
 
Tips, thoughts or questions are always welcome at
MarketsNowFeedback@turner.com
 
® © 2016 Cable News Network Inc.
A Time Warner Company. All Rights Reserved.
You are receiving this message because you subscribed to
CNNMoney's "Markets Now" newsletter.

Our Mailing address is:
Cable News Network, Inc.
Attention: Privacy Policy Coordinator
One CNN Center, 13 North
Atlanta, GA 30303
 
                                                 






This email was sent to Reed791.worldnews@blogger.com
why did I get this?    unsubscribe from this list    update subscription preferences
Cable News Network, Inc. · Attention: Privacy Policy Coordinator · One CNN Center, 13 North · Atlanta, GA 30303 · USA

No comments:

Post a Comment

AppLovin Posts Impressive Q1 Results With 59 Percent Revenue Growth

Advertising technology stock AppLovin (NASDAQ: APP) has re...