Page 22 - Sector First News Today : Breaking News, Live Updates & Top Stories | Vimarsana

[inaudible conversations] this morning epa administrator scott pruitt testifies before House Appropriations subcommittee on Donald Trumps fiscal year 2018 budget request for the agency. Live coverage at 11 00 am eastern on cspan3, cspan. Org and the free cspan radio apps. Next, Veterans Affairs secretary doctor David Shulkin testifies on the president s 2018 budget request for his department. The hearing also has representatives of veterans groups talking about budget proposal. This hearing is about two hours. [inaudible conversations] let me apologize for being a little late. A couple things ...

Happen because the journal story last night, also about the huge i think its 7 or 6 of the market are now owned by etfs, which is great until its not. There is a growing group of folks who are thinking if were just buying stocks en masse, will any reversal like the qqq, 100 stocks effectively. But five stocksmake up 40 of the index. So thats why people say, why do you talk about these stocks all the time because their weight matters. Theyre so powerful within the index. Earlier today, i was looking at the s p 500, there were probably only 75 stocks that were positive on the day. By the way, th...

Plus what to exfrequent the market over the next six months. Hes making some unexpected calls from foreign leaders lots of news happening on the auto sectors today plus the new tesla model set to hit the streets at the end of the month. First up its the first trading day at the second half of the year. Futures pointing on whats likely to be a low volume day. Market slows today due to the 4th of july holiday. Well get a few notable pieces auto makers will be out with june sales throughout the hour and the president tweeting about the state of the markets and the economy. Wages will start going ...

Yes, this is the last hour of trading on this shortened market day and there are fireworks in the stock market a pretty good start to the second half of the year, right extraordinary we are up 200 points just a second ago alltime intraday high for the dow and alltime intraday high for the transports look at financials and Energy Leading the way, some of the laggards for this year and Tom Mcclellan will tell us later why he thinks the bull run is forar from over a new report this morning says President Trumps chief strategist, steve bannon, is pushing for a tax hike for the upper income bracket...

The one sector that did not participate in the rally today was the Technology Sector. The best performing sector during the First Six Months of the year. Here are the closing numbers for you. The blue chip index advanced 129 points to 21,000. The nasdaq dropped 30, the s p 500 added 5. Also helping the climb today, the transportation sector which hit a record, that group is considered a key part of the market and the economy. And Morgan Brennen tells us where it may be headed next. The dow transports recently reversed court to out perform the broader market. Today was no exception. The dow jon...