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

‘The markets with all-time high, ending the day with the 56th record close 56th, under President Trump’

RUSH EXCERPT:

ROTHMAN: "It was just enough to chalk up that record. We started the session this morning with the October jobs report. It was decent. Job creation moving in the right direction. Not quite as robust as economists were hoping for. Still enough to keep the markets afloat. Apple's blowout earnings this time yesterday, continue to fuel technology. The S&P, NASDAQ, also closing at records today. The big story of course, the apple iPhone X, released today. Huge demand for this, with the market cap of the company approaching now $900 billion. It is staggering. Apple continuing feigns from earnings charged yesterday. Look at GE. Finally relief for GE shareholders. Snapping a nine-day losing streak, the longest in something like eight years. GE shares dropped below 20 bucks yesterday. They're barely broaching $20. Enough to snap scary losing streak for General Electric. Deal in the chip industry. Broadcom is looking to buy qualcomm. Qualcomm got a huge boost on the news. Shares up almost 13%. Best day for qualcomm in nine years. If this happens, it would be the biggest chipmaker acquisition ever. We'll keep our eye on it."

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