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The number that we got from the university of michigan was not a strong. As strong. That was for january. This is for february. 162. 4 in expectations component at 109. 7. A handful of economic reports we got this morning including durable goods that fell more than estimated. All of that to weigh as well. Changedcks little following yesterdays rally. Theyve been bouncing between gains and losses. 2006 p 500 going back to beforel about 3 to go we retain that record high. Retail is one of the areas of strength today. Macys with a rebound in its comparable sales. 11 straight quarters of declining...

And ill guarantee theyll always be working in that direction. Janet yellen staked out a very different territory. For her main speech in chicago she appeared at a conference of Neighborhood Revitalization organizations and said, quote, although we work through Financial Markets our goal is to help main street and not wall street. More than five years after the financial crisis she spoke mainly about unemployment and told the stories of three that lost their jobs in the recession. It became quickly clear that this was a fed chairman well suited for the time in which we live. However not everyon...

And the parent of this network challenging 21st century fox by offering to acquire uk Broadcaster Sky for 31 billion. The share is higher than the portion to buy sky it doesnt already own. Comcasts chairman and ceo spoke about the bid on a Conference Call moments ago take a listen to Brian Roberts. When it became clear it was not only sky for sale but that every share was potentially going to have a change of ownership, we thought now was the time to make a superior cash proposal and that is exactly what they are calling it a superior cash proposal and it is now, that proposal word is importan...

Been near 0 and feds been printing money like never before jay powell has to unweekend that without damaging the economy. Lets see how that Opening Statement is being received on the stock market. Fairly well, dow industrials and the s p 500 and the nasdaq they will all open ever so slielgtly lower. Remember, this follows two day of gigantic tbains. Theres other news, fedex will not join the boycott nra movement that is intimidated several other Big Companies and the state of georgia threatens to take away a sales tax benefit from delta if that airline continues its nra boycott. The state to p...

Committee will come to order. Without objection, the chair is authorized to declare a recess of the committee at any time and all members will have five legislative days within which to submit extraneous materials to the chair for inclusion in the record. This hearing is for the purpose of receiving the semiannual testimony of the chair of the board of governors of the Federal Reserve system on Monetary Policy and the state of the economy. I now recognize myself for three and a half minutes to give an Opening Statement. Notwithstanding the greatest monetary and fiscal stimulus in your nations ...