FBN: Dow, S&P 500, and Nasdaq All Finish the Day on Record Highs

‘The momentum picked up throughout the day’

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RUSH EXCERPT:

PETALLIDES: "The momentum picked up throughout the day. GE a big laggard came off the lows. We're talking about what happened in Washington. The financials climb on top of tabs reform once again. As they move forward, Senate passed the budget as a step to move all of this forward. Here is look at financials running up on this particular topic. Names such as JPMorgan, bank of America, pnc, hitting new highs. Goldman Sachs, JPMorgan among leaders on the Dow Jones industrial average. To the financials certainly helped things along. I did mention GE, which in the morning was down over 8%. By the end of the day you wouldn't believe your own eyes. It hit a 52-week low in the morning at 2210. Here at 23.83, GE up .25%. Sixth week in a row for S&P and Dow, six straight weeks of gains and record flows. Watching NASDAQ, that's a record as 6629, new record close. You see across the board how they did. We have earnings. IBM knocked it out of the park. En. Travelers 5% gain. Night the held, 7% gain. I had more in my 401(k) And Ira six weeks in a row."

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FBN: The Dow, S&P 500, and Nasdaq All Finish the Day on Record Highs