Detailed text transcripts for TV channel - MSNBC - 20140703:14:11:00
Now, again 17,000. what is it that wall street likes about this report and that 17,000 fig yaur. >> it does mean new highs it does mean that wall street is accepting good news as good news. the yield on the 10-year freshly notes at about 2.7%, which is up notably over the last several weeks, based on stronger housing data, car data and now employment data a we're getting more towards normal economic growth at this point in the cycle. it may put more pressure on the federal reserve down the road to accelerate plans to raise interest rates. but this is uniformly good news at the moment given tha...