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The cac in france up by better than 1 . Ftse higher as well, 0. 7 . Crude oil prices raiding near sevenmonth highs. Check this out up another 1 to 49. 07. Getting back to 50 a barrel. The gains that came yesterday, showed that u. S. Crude stocks dropped by 5. 1 million barrels. Double than what was expected. Well get the eia figures later today. Lets get you to other big stories. St. Louis fed president jim bullard saying june rate hike isnt set in stone. Arguing that labor data suggests its time to pull the trigger. Obviously, weve tried to be dat datadependent. I dont think theres any reason...

Bullard told cnbc about a potential june hike. Obviously weve tried to be data dependent, and i dont think theres any reason to prejudge the june meeting at this point. We can wait until we get to the meeting, see what the data say and try to make a good decision there. I think on the issue of press conferences we have made many moves over the years without press conferences, so i think you could make a move without a press conference in this circumstance. The labor market data, as i said, if you just took your signal from that, wed definitely move, i think. As a reminder, june is scheduled to...

Apple or a netflix or a tesla. After another day where the market hung in there, the dow gaining 67 points, nasdaq advancing. 26 , starting to be a pretty good year. I think its shining a light on the stocks that i follow in order to get a better feel for whats going on out there in the real economy, both domestic and international. So you have a sense of where we truly are. Lets start with my mainstays. Lets start with the rails. All aboard im always trying to measure the actual strength of our economy, and im not using all those data that comes from the fed and the government. That doesnt ge...

And im wilfred frost. Good morning from me as well. Lets bring you up to speed on the market. Action a very strong rally yesterday. The nasdaq up over 2 . Two others up 1 as well. The dow called higher by 76 points. S p by 10, nasdaq by 24. Just high of half of a percent for most of these indices. Of course, yesterdays rallies very strong, but not on the high of the of volumes. Nonetheless, quite surprising to see it particularly on the day when the dollar was strong as well. Of course, stronger data pushing back on expectations that june and july are very much in play for the fed. Lets have a...

Environment drives stocks highers, isnt it . Over the average either at or striking distance from the year, dow gaining 18 points, s p advanced. 13, nasdaq inched down, we have to go over what allows us to reach these levels. The backdrop thats conducive to higher prices for the overall market. In short, whats so special about stocks right now that we are at or near or challenging these high s . First, investors like to see low inflation. When you have low inflation, that means the longterm value of stocks, the future earnings streams youre buying are going to be preserved. High inflation erod...