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today between the dow which is of 1% and the nasdaq which is up 2%. that s the best since the election. the s&p 500 has a considerable weighting of tech stocks. it has to do with the earnings that came out after the close yesterday and many individual companies are trading at records. intel is at a 17 year high. is up 13%articular after the company be earnings estimates by a wide margin. it just acquired its whole foods business as well as his webs services business. microsoft is doing well in the cloud and alphabet is doing well in its core google business and intel performing better than expected. back to politics, a lobbying frenzy is set to begin next week in washington as the house ways and means committee chairman kevin brady unveils a tax bill the u.s.d affect economy. it has largely remained a secret. here to talk more about what special interest groups are after and what tax details will emerge is our national political reporter. details, get to those why the s ....
said he was not surprised president trump s frustration was manifested in tweets. and men have been detained weapons confiscated after counterterrorism sweeps and france. citing the paris prosecutor s office. the antiterrorism operations come five days before the french presidential runoff. officials say it is not clear whether the arrests had any link to the campaign. trying to stem his reach among macron macro and told marine le pen he understands their anger. polls indicate he has a double-digit lead over le pen. global news 24 hours a day powered by more than 600 journalists and analysts in one of 120 countries. this is bloomberg. live from bloomberg world headquarters in new york, i m julia. on assignmentu is and we are 30 minutes from the close of trading here in the u.s. u.s. stocks edging higher as tech shares are leading the gains. joe: the question is what did you miss? earningswill report after the bell and investors will pay attention to how they can ....
waiting to see what s in this senate health care bill, among other things? julie: we are not seeing much of a change in the major averages. really adrift into a thursday for all slightly lower major averages. but i want to take a look at health care, not just today, though it is strengthening today. s&p in blue,he health-care stocks and white. they have done the second-best this year behind tech. it s interesting, given this debate, with the rhetoric we have heard over drug rising in nothing hasustry, materialized so it has been sort of study as she goes upwards for this group. it has gained some 15% year to date. movers, weindividual have got oracle trading higher here setting a record of 9% after the company s earnings came in ahead of estimates. cloud business is up 58% in the fourth order. new software licenses are down 5%. but that s a slower to klein previously. staples according to reuters, they are in advanced talks to i the company, topping $6 billion a to reut ....
bill. the other group that we are seeing have the biggest reaction is perhaps the medicaid exposed insurers. so we re seeing here molina is up by 2.4%. centin, wellcare, a couple of other insurers that are trading higher. there s something else from the bill and i m looking here as we are all trying to piece through the bill and look at the various pieces of it, apparently this latest proposal will provide an additional $50 billion over four years to stabilize the insurance exchanges. so even some of the larger insurers have been reacting, not as dramatically as this. but they are higher today. in fact, if you take a look at the groups that are moving in the s&p 500 on the bloomberg, on the imap you ll see that health care is in the top spot. and in fact has been rising all week. and has been outperforming the s&p 500 all year. health care in the top spot here, up 1.25%. as we see these gains here as we get these details of the bill. again, with the caveat that we don t ....
500 hitting new record highs today. northern trust is also out with its annual five-year outlook for the market. is bob us to discuss brown. chief investment officer at northern trust. thank you for joining us here. ask you about what has been going on with politics. we have seen stocks continue to shrug off the events in d.c. is the earnings growth we are seeing enough to continue to sustain stock gains? it is.hink clearly a good policy coming out of d.c. would be helpful. that is certainly the catalyst for the rally after trump was initially elect did. he caught the tail end of good economic data not just in the u.s. but around the world. the synchronized growth story really took the handoff from the political optimism to economic optimism. in order for the rally to be more sustained with more confidence clearly help from d.c. would be very welcome. julie: this five-year outlook that you have, one of the themes is entrenched growth. what does that mean? what kind of p ....