Financial Review
Davos Populism
- Author: Vários
- Narrator: Vários
- Publisher: Podcast
- Duration: 0:13:15
- More information
Informações:
Synopsis
…Record highs for Dow, S&P, and Nasdaq. 4Q GDP at 2.6%; economy grew 2.3% for 2017. Dec. durable goods up 2.9%. Trump floats America First in Davos. Dollar continues to crater. States sue over SALT. The final days of Sears? Bombardier ok. Financial Review by Sinclair Noe for 01-26-2018 DOW + 223 = 26,616 SPX + 33 = 2872 NAS + 94 = 7505 RUT + 6 = 1608 10 Y + .04 = 2.66% OIL + .62 = 66.13 GOLD + 2.00 = 1350.30 More record highs for Wall Street. For the week, the Dow rose 2 percent, the S&P 500 gained 2.2 percent and the Nasdaq advanced 2.3 percent. Intel was the big winner in the Dow, up over 10% after posting strong earnings with strength in their higher margin data-center business. Intel shares hit their highest level since September 2000. Drugmaker Abbvie gained about 13% after boosting its 2018 earnings forecast with help from U.S. tax reform and announcing it will accelerate dividend growth and share buybacks. Fourth-quarter earnings growth for the S&P 500 is now estimated at 13.2 percent, according