Page 10 - Pershing Square News Today

Fund strat energy, industrials once again leading, less than 20 points away from dow 25,500 tom, you just raised your yearending s p target to 3,025. How did you get there . Well, its just a simple matter of e growing 13 and some expansion gets you to 3,025. So a 10 upside to the market do you think its high enough . You know, our technician was thinking about how he thinks the base case is 3,000 so the s p could do something several hundred points higher than that. I think 3,000 is a good base ...

First breaking news on how the tax plan will impact you ylan mui is live on capitol hill. Reporter treasury secretary Steven Mnuchin spoke moments ago about the administrations first step in turning the tax law into reality. Treasury department and the irs have just issued new guidance it to employers, telling them how much money to withhold from their paycheck under the new tax law. The irs will be releasing a new withholding calculator that will be vail on irs. Gov by the end of february. This...

And into the fryer good thursday morning welcome to squawk alley. Were at post nine of the new york stock exchange. Dow is down 91 currently the worst drop of the year so far. The big news today though, amazon announcing the finalist for the hq2. We have details. Good morning, carl. And lets go straight to a map of the 20 contenders youll see that most of the locations, they fall in the midwest, south, and east coast of the country away from amazons current home of seattle and the west coast in ...

Power lunch starts right now welcome to power lunch. Im michelle carusocabrera. As you can see, negative territory by more than 100 points nasdaq is still in positive territory by higher than 3. 5 points melissa mentioned ge and boeing. You can see ge by off by 2 and boeing off by 2. 5 bitcoin, though, is bouncing back following a few wild days you can see its higher by nearly 6 along with other movers alcoa is down 8 on its earnings you can see it is off by 5 bucks. Brian . Thanks, michelle. He...

Latest to blow through expectations go big or go home. Go big or go home, and theyre actually delivering. The facts are all there. Fundamentally, are some of them stretched . Probably, a little derivatives markets continue to go after those major names, major indexes, and theyre buying more upside, scott. Do i think its over i dont. Do i think its probably a little bit is it heated yes. Is it overheated no were not discounting the fact that the russell has done incredible well. Thats set new rec...

What a way to end the week. It was a melt up into the closing bell, which drove stocks to alltime highs. The s p 500 had its best day since march, lifted by continued optimism that Economic Growth around the world is on an upswing and a new batch of strong earnings. Of the s p 500 companies that have reported profits so far, 80 have topped expectations. Today shares of intel helped lead the way with a double digit gain following its Strong Quarter that we told you about last night. Here are the ...

Uptick utilities is the Top Performing sector, i guess we could say it had a pullback. It did hit a nine year high today. Tech strong, Consumer Staples are strong lets begin with dominic chu wh is following the stock market. The stock market might be a little bit ways away from getting back to the highs before the selloff, we looked at the s p 500, it turns out that 93 members of the s p are 5 away from claiming those 52 week highs or better that theyve seen 81 stocks have hit highs so far in 20...

I think what is different today is coming out the crisis, what youve seen banks do, is go back to their basics or go back to the areas they believe they have a competitive advantage. And that competitive advantages oftentimes steeped in scale. When we think of scale and whether scales in markets or Business Bank its or many business. Todays age of Slower Growth and more regulation, if you dont have scale, the odds are you cant buy it. You are not seeing big banks get bigger through acquisition. ...

And welcome to power lunch. Eye melissa lee, your money carving out some small money today, and russell 2000 at rosh highs. Its a global rally. Lets check out bitcoin is bouncing back after falling below 10,000, Goldman Sachs say its a bubble bigger than the dotcom era and famous tulip bulb mania, and p g was down travelers rallying by almostsh topping expectations tyler . Thank you very much, melissa. Welcome, everybody we begin with a major decision from the white house the administration sayi...

Exchange. Im wilfred frost. Im Courtney Reagan in for sara eisen on this friday morning. We made it absolutely right. Happy friday lets get to Market Action we did see a half percent of gains for the dow yesterday. The s p and nasdaq just either side of flat week to date, all three are up more than 1 the dow slightly leading the pack is up 1. 2 . We expect a small positive open today. The dow up 34 points tenyear treasury note, we have seen yields slip over the course of the week. Even though th...