Detailed text transcripts for TV channel - CNN - 20170503:09:57:00
Money stream. wall street closed flat yesterday. it was enough for the nasdaq to eek out the second straight record high. this is season. the fed's two-day meeting. the recent slowdown in economic growth will be watched. apple's iphone sales down. reported earnings after the close while overall sales rose. tim cook blames the rumors of the iphone 8. apple its first yearly decline in sales since 2001. there is good news for apple. reported $256 billion in the cash stockpile. the majority of that in banks overseas. that is more than the entire value of walmart and coca-cola and disney.
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