Page 12 - David Tepper News Today

Planned . First we start with the grand slam for the markets for a second day in a row. All four hitting record highs. The move started with these comments from fed chair janet yellen. At our upcoming meetings, the committee will evaluate whether employment and inflation continuing to evolve in line with these expectations. In which case, a further adjustment of the federal funds rate would likely be the appropriate. The committees view that gradual increases in the federal funds rate will likel...

T aanarkets hav ha eert wa aupoo m d iterteer shellliaj ttei ord dts u usess t pnttheilonol itho ty rit wnoredt shares forvest for t this is the part with the technical strategy. It fits the companys long term plans to become one of the Worlds Largest asset managers. Its stock traded up more than 25 after hours. Lets go to akika fujika. I know youve been following the story pretty much all day. Does this match make sense . Yeah, you know, its an interesting deal here because on paper you think s...

Good morning, a very warm welcome to Worldwide Exchange on cnbc. Im will fred frost along with Courtney Reagan whos in for sara. Lets get straight to the Global Action for record highs. All three of the major indices plus the russell as well. We had about 0. 4 of gains for the s p. The nasdaq a little behind that. The dow a little ahead of that. And a record in today share price not market cap high for apple, but the rally was really clearly led by financials. We had the bank of america up aroun...

It has nice pretty mountains. Very strange place. Anyway, senator greg is here with us for the rest of the show. Were going to get caught up with him in a moment. Among our top stories this morning, fed chair janet yellen returning to capitol hill this time to return to the House Financial Services committee. She told the senate panel waiting too long to raise Interest Rates would be unwise. We have eight meetings a year and it means that at some meetings we would, if things remain on course, in...

Around with joe terranova, steve weiss, josh brown, jon najarian around and er and erin brown. First, new at noon today. Another famed money manager weighing in on the side of the stocks today. Apple loses david teper telling me exclusion ily today hes long stocks, short bonds. Tepp posing the question to me like this. Could be theres too loose monetary policies still around the globe. It suggests its affecting the bond market more than stocks. Weiss, ill let you weigh in on that first. Lets tak...

Investors liking what they heard last week from that speech. Doc, ill go to you. You said the market rally was hanging on the speech. Some said it was light on details. But for this president at this moment, style over substance maybe was more important. The tone certainly was favorable to what investors wanted. Yeah, thats right, judge. The tone was terrific. The way he addressed things. It was exactly like the market wanted to hear. Now, when he builds a hotel i know this is a dumb analogy but...

Was down slightly. Down by less than 0. 2 . Stocks in china were higher with the hang seng up wi a thiby a ta percentage point. The early trading in europe at this hour, things are mixed. The dax and ftse are slightly higher. Lets look at crude oil prices. Again, yesterday was a down day for equities. If you see another down day today, thats the first time in the first time in first backtoback losses in a month if you see things close lower today. Energy markets showing wti by 11 cents to 53. 31...

Insurers all morning long. Europe got stung with the worst german factory orders in eight years. Trade deficit at a fiveyear high. The health care proposal. The fight begins over what to repeal and how to replace. Plus, another jobs announcement from exxonmobil. The president thanking exxon, calling the actions the core of his agenda. And a rally snapped. Snap falls 12 . Now below its opening price from ipo day and moving lower in the premarket. First up, Health Related stocks are in focus now t...

World, that is less clear. Drug pricing and that chain is a little less clear. I wouldnt be buying it right now. And biotech, im afraid of that. I think hes tweeting a lot about that. I think theres more to come. Even if it is just headline pressure on that. That it probably wont be addressed on granularity. The American Health care act. So drug pricing, thats a separate issue at the very moment. Although it is still getting assaulted on the tweet front by donald trump with no specificity. In ma...

Welcome to Worldwide Exchange on cnbc. Im sara eisen. Im wilfred frost. Good wednesday morning to you from me as well. Happy international weaponom day. U. S. Equity futures after another minor selloff, first backtoback declines since january. We are flat to mixed. Seeking a catalyst. Stocks are taking a pause globally here waiting for the next signal either out of washington, Federal Reserve next week. S p 500 futures down two. Dow up 1. 24. Nasdaq futures down less than one point. We are seein...