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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