The speaker pro tempore the gentlelady from california is recognized. Ms. Waters i have no further requests for time and im prepared to close. The speaker pro tempore the gentlelady is prepared to close. The gentlelady is recognized. Ms. Waters i yield myself the remainder of my time. Madam speaker, its become par for the course for the majority to recklessly advance harmful deregulatory packages like h. R. 3978. My friends on the other side of the aisle are moving forward with regulatory roadblocks at a furious pace, pushing dangerous bills through the house nearly every week. It appears that they may have already completely forgotten the way that lax Financial Regulation allowed the crisis in 2008 to occur that. Crisis badly damaged the occur. That crisis badly damaged the whole economy and harmed all of our constituents. The impact was enormous. 13 trillion in Household Wealth was lost. 11 Million People lost their homes to foreclosure. And the Unemployment Rate reached 10 . Democra
Im brian sullivan. Heres what else is happening at this hour. We are keeping a close eye on tesla shares. Why . Because elon musk tweeting, the company will make some kind of a big announcement within the next couple of hours. Kwou will hear it the moment it happens. Plus, the president just arriving in baton rouge. He will be touring floodravaged neighborhoods and is expected to make a statement later on this hour. And oil jumping on speculation that iran may be willing to overlook its feud with saudi arabia and actually back a production freeze from opec. Crude oil now up more than 1 , michelle. Brian, i am michelle carusocabrera. Three hours left in the trading session. Stocks are pulling off their session highs at this hour. Dow was up 102 points earlier in the day, while the nasdaq managed to hit a new intraday high. S p 500 came close too, still all three major averages are still in the green, 14, 19, five points roughly. Lets get a pulse check from bob pisani on the floor of the
At records. The s p 500 climbing just enough to close at the highest level ever. And for the nasdaq it was the second record close in a row. The dow jones next was 21 poipds to 18,080. The nasdaq climbs 36 to 5092 and the s p gains five points to 2117. 69. For the week the major indices were higher with the best fiveday run since late october. So despite the groans from traders there is no volume valuations are high and the Economic Data isnt as strong as it should be there are some things working in the markets favor. Bob pis annie has more. The standouts were again on the nasdaq with three big Seattle Companies reporting earnings. Microsoft was up over 10 . Wlou amazon was up 14 . That is a historic high. And starbucks was up. Also a historic high. And earnings while weak arent as bad as many are feared. The flat earnings are blamed on the weather and the collapse in oil and the strong dollar. But oil is moving up. The dollar stopped rallying so these excuses wont hold much water in
Ever. And for the nasdaq it was the second record close in a row. The dow jones next was 21 poipds to 18,080. The nasdaq climbs 36 to 5092 and the s p gains five points to 2117. 69. For the week the major indices were higher with the best fiveday run since late october. So despite the groans from traders there is no volume valuations are high and the Economic Data isnt as strong as it should be there are some things working in the markets favor. Bob pis annie has more. The standouts were again on the nasdaq with three big Seattle Companies reporting earnings. Microsoft was up over 10 . Wlou amazon was up 14 . That is a historic high. And starbucks was up. Also a historic high. And earnings while weak arent as bad as many are feared. The flat earnings are blamed on the weather and the collapse in oil and the strong dollar. But oil is moving up. The dollar stopped rallying so these excuses wont hold much water in the current kwaernt. And the rally is accompanied by low volume and volatil
Ever. And for the nasdaq it was the second record close in a row. The dow jones next was 21 poipds to 18,080. The nasdaq climbs 36 to 5092 and the s p gains five points to 2117. 69. For the week the major indices were higher with the best fiveday run since late october. So despite the groans from traders there is no volume valuations are high and the Economic Data isnt as strong as it should be there are some things working in the markets favor. Bob pis annie has more. The standouts were again on the nasdaq with three big Seattle Companies reporting earnings. Microsoft was up over 10 . Wlou amazon was up 14 . That is a historic high. And starbucks was up. Also a historic high. And earnings while weak arent as bad as many are feared. The flat earnings are blamed on the weather and the collapse in oil and the strong dollar. But oil is moving up. The dollar stopped rallying so these excuses wont hold much water in the current kwaernt. And the rally is accompanied by low volume and volatil