Dow on track for Day 10 of record-setting gains
Stocks (^DJI, ^GSPC, ^IXIC) are rallying at the midday mark, with the financial (XLF) sector leading the way and the real estate (XLRE) sector still in the red. Alan Valdes, director of floor operations at Silverbear, joins us live from the New York Stock Exchange. To discuss the other big stories of the day, Alexis Christoforous is joined by Yahoo Finance’s Rick Newman and Thomson Reuters markets reporter Dion Rabouin.
Today, on Midday Movers we discuss:
President Trump falls for #NicoleMincey scam
Dow gunning for 10th record high close
Disney earnings out after the bell
Saudis pledge more crude oil cuts, yet crude prices fall
Microsoft’s LinkedIn links with Samsung’s Bixby
JPM Chase eliminates instant debit card replacement
Transforming dead malls into distribution centers
Amazon to produce ‘I Love Lucy’ biopic