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U.S. consumers and growth in sectors such as technology have offset declines in other American industries, says Tom Finke, chairman and CEO of investment management firm...US Economyread more
The FAA administrator's comments come on the eve of his visit to Boeing facilities outside Seattle. While there, he's scheduled to meet with Boeing executives and be briefed...Airlinesread more
Last weekend's attacks on oil facilities — and the spike in crude prices that followed — should show that the world needs to stop relying on oil, says Helen Clark.Energyread more
The photo depicts Canadian leader Justin Trudeau wearing a turban and robe, with dark makeup on his hands, face and neck. Liberal Party spokesman confirms the photo is of...Electionsread more
As the Fed was meeting to consider cutting interest rates, it lost control of the very benchmark rate that it manages.Market Insiderread more
CBS, CNN and other major media companies are starting to pull e-cigarette advertising off their airways, as the death toll from a mysterious vaping-related illness continues...Health and Scienceread more
The stock market hit record highs on Thursday, but expert Hank Smith said he isn't concerned about it getting carried away.
He said the market is paying attention to what is important, like accelerating economic growth, and ignoring what isn't really important, like geopolitical events.
"The market on a forward multiple isn't that much more expensive today than it was a year ago. So it's earnings that's driving this market. We are not in euphoria yet," the chief investment officer at Haverford Trust said in an interview on "Closing Bell" on Thursday.
Optimism over tax reform propelled stocks higher on Thursday, with the Dow Jones industrial average surging 331.67 points to close above 24,000 for the first time. The odds of success increased for the Republican Senate tax bill after Sen. John McCain said he would support the legislation.
Paul Hickey, co-founder of Bespoke Investment Group, told "Closing Bell" the market is finally starting to price in tax reform. Therefore, going forward if there are bumps in the road, it could spell trouble.
However, he said the bull market has taken on all the doubters.
"Just today almost 25 percent of stocks in the hit a 52-week high. That's the strongest reading we've had since the first half," he said. "When you look at prior years where you've seen this type of trading pattern ... in the first 11 months of the year, the year typically ends off on a strong now with small to minor declines if you have any."