Join us to explain a little bit later. Thats some real money. Yeah. Lets start with the jobs report and the latest out of washington. Another busy day there. Steve lease man is there at cnbc headquarters and eamon javers is at the white house. The president s team taking strong for the 235,000 jobs added in february even though it came just a month into the trump presidency. Reporter i think it was a perfect number. Right exactly where it needed to be. Our jobs plan and our Jobs Creation and bringing jobs back to america is going exactly the way wed like it to go. When i was on a month ago we talked about bringing jobs back. I think this number reaffirms everything that were trying to do. No matter who was responsible, it was a very positive report. Unemployment falling to 4. 7 and it was helped by some temporary factors, for example, warmer weather but showing good underlying strength and payrolls. Heres where the jobs were, construction up 58,000 along with leisure and hospitality. T
Companies are to go that defined todays action with the dow jumping 113 points, s p climbing 1. 05 , nasdaq falling 1. 59 . First, we all know that stocks have come up a lot from the february lows, but not all stocks. Only a select group of stocks have managed to claw their way back into our hearts. Mainly service companies, international businesses, those Consumer Products corporations and those involved, at least bottom fishing here, went up, resources mining minerals. However, a ton of stocks have been left behind. Especially health care stocks. Theyve been in the doldrums because theyre easy political whipping boys during primary season and theyve had some disappointing earnings. Then all of a sudden someone comes out and says he wants to do deals. He tells us he might have as many as 10 takeover targets and one or two of them will be bought in the next quarter or two. Suddenly were off to the races with animal spirits that jar us into remembering that its not just investors who bu
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