It’s part of U.S. President Barack Obama’s plan to fix the U.S. economy, which includes asking the richest American taxpayers to fork over more money.
But has President Obama done the math?
Taxing the rich will bring us $80 billion, far short of the annual federal deficit of $1 trillion.
Money Morning Chief Investment Strategist Keith Fitz-Gerald joined FOX Business Network’s “Varney & Co.” last week to discuss the flawed logic and resulting frustration of touting “taxing the rich” as the way to solve our economic problems. Check out this dynamic interview with Fitz-Gerald.
So what does that mean for your investments?
Money Morning's Chief Investment Strategist Keith Fitz-Gerald appeared on Fox Business' "Varney & Co." program to answer what potentially disastrous earnings could do to markets.
"Well, you know it should mean that the stock market is going to come down but what I think it really means is this, and there's a far bigger question here," Fitz-Gerald explains. "If the analysts are right and the earnings stink, then we're going to find out once and for all whether this market is actually all about Ben Bernanke and Club Fed."
But Keith doesn't think this is the time to run away.
"You have to be in this market because Ben Bernanke wants you to be in this market. They're trying to induce inflation, that inflation theoretically trickles into the stock market and you can't afford to sit this one out," said Keith.
Watch the accompanying video to hear which sectors Keith likes and what investments to stay away from.
With all this power behind the Apple iPhone 5, does that make Apple (Nasdaq: AAPL) stock a definite "Buy" for investors?
Money Morning's Shah Gilani appeared on Fox Business' "Varney & Co." this morning to talk about investing in Apple stock. He also touched on the major macro events affecting the global economy and how they're shaping investor morale.
Gilani tells investors what to focus on with so much up in the air: Election 2012, China's growth issues, the European debt crisis, and the markets at multi-year highs.
Watch the accompanying video to see all of Gilani's analysis.
The claim caused FoxBusiness' Stuart Varney to ask Money Morning Chief Investment Strategist Keith Fitz-Gerald if a cellphone really carries that much power.
Keith takes the question a step further: Is this possible because the U.S. economy is so bad that a consumer product could make a difference, or is this an example of how dependent we are on technology?
Meanwhile, the U.S. Federal Reserve could announce another growth-stimulating program this week when it meets tomorrow and Thursday.
Watch this video to hear Keith's explanation of how the Apple iPhone 5 could trigger economic growth that rivals - or exceeds - stimulus moves from Team Bernanke.
Money Morning's Chief Investment Strategist Keith Fitz-Gerald appeared on Fox Business' "Varney & Co." this morning (Thursday) and discussed what could give the markets a needed boost.
We all know that central bank movement from the United States or Europe can move stocks, but now the focus is more on politics than economic policy.
Keith said that's why investors should pay attention to what happens when U.S. presidential candidate Mitt Romney takes the stage at the Republican National Convention. If Romney delivers a "breakout speech," the markets could enjoy a "Romney Rally."
Keith warns that if U.S. President Obama takes a commanding lead in the polls the same may not be true.
Prepare for what's ahead in the markets with Keith's full analysis in the accompanying video.
According to Keith, you need both since "the market is addicted to cheap stimulus" In this case, its matter of keeping both bases covered since soon enough It'll be "time to pay the piper" he warned.
Watch the entire accompanying video to get Keith's full analysis and more.
He was asked about stocks that in a way represent the American Dream and if these stocks' recent rise is disconnected from reality.
"Four stocks suggest the American Dream is alive and well in the markets," said today's host Charles Payne. "What do you make of it? And, is the market a leading indicator?"
Keith offered up a unique way to assess the current situation....
Varney asked Gilani to pick which stocks he would buy out of the following four car companies: Honda Motor Co Ltd (NYSE ADR: HMC), Toyota Motor Corp. (NYSE ADR: TM), General Motors Co. (NYSE: GM) or Ford Motor Co. (NSYE: F). Even though the auto industry is recovering and these companies have seen great year-over-year growth the past year, Shah is not too keen on these stocks.
Yet, he does pick two stocks that offer some upside and his choices might surprise you.
Plus he warns investors of another stock they should avoid, one that has a price chart resembling a "stairway to hell."
Watch the entire accompanying video to make sure you're avoiding these bad investments.
Money Morning's Chief Investment Strategist Keith Fitz-Gerald appeared on Fox Business' "Varney & Co." on Thursday to answer that question.
The global and European economic uncertainties have a severe negative impact on both companies' recent earnings and future outlooks. Although both are good companies, they're not both good "Buys" right now.
Watch the entire accompanying video to get Keith's full analysis on which company will rebound in a few weeks, and which one to avoid for longer.
On Wednesday Money Morning's Shah Gilani appeared on Fox Business' "Varney & Co." to tackle that question.
With GM trading around $20 and Facebook stock hovering around $21, the share prices are both at or approaching 52-week lows, but which is the better value?
Gilani's answer may surprise you.
Watch the entire accompanying video to get a full analysis on each company.
Money Morning's Chief Investment Strategist Keith Fitz-Gerald joined Fox Business' "Varney & Co." Friday to talk about the value in Amazon.com. Keith explained how Amazon.com's Q3 outlook isn't a bad thing.
Keith also shared a stock that he sees outperforming in this economy, and talked about how the GDP numbers highlight the "mess" Washington has created for the U.S. economy.
Watch this accompanying video for Keith's full analysis.
On Wednesday afternoon Money Morning's Chief Investment Strategist Keith Fitz-Gerald appeared on Fox Business with Melissa Francis to discuss a recent survey with a shocking statistic. Turns out about 20% of companies misrepresent or lie about their earnings - a hefty number when you consider you could be invested in one of these companies.
"This is one of the greatest games going," said Fitz-Gerald.
CFOs who were surveyed admitted to "managing" earnings reports - and their reasons highlight how investors are not their top priority.
Fitz-Gerald calls the whole scheme "financial hocus pocus" - but don't worry, there are ways to protect your portfolio from these misleading companies.
"Investors should not be scared of stocks, but this should serve as a colossal slap in the face that they need to get serious about how and what they buy," warned Fitz-Gerald.
Watch the accompanying video to see Fitz-Gerald's analysis on how you can decipher earnings reports to avoid getting fooled.
Money Morning's Shah Gilani joined Fox Business' "Varney & Co." Tuesday morning to talk about this top sin stock that can deliver consistent money to your portfolio.
"[This stock] has a 4.7% dividend yield. I think you have to like anything that provides you income and that has appreciation potential," said Gilani. "[This stock] is always on the top of my list."
This stock delivered blockbuster Q2 profits. Watch this accompanying video to hear everything Gilani has to say about this dividend paying stock that can give your portfolio some profit protection.
To help get you set up for profitable crypto investing this year, Money Morning Executive Editor, Bill Patalon, sat down with our legendary cryptocurrency expert here at Money Morning, David Zeiler.
Goldcorp just announced it would host next year's #DisruptMining innovation expo.
The Dow Jones Industrial Average is trending up this morning thanks to highly anticipated earnings reports from Wal-Mart Stores (NYSE: WMT), which is up 3.3% already today.
Dow Jones futures today are up 68 points ahead of trading, but a Republican defector from the Senate's tax cut bill could threaten gains.
The Dow Jones today is already down 100 points in pre-market hours as the retail ice age rears its head again...
Fortunately, the retail ice age is creating a profit opportunity for savvy investors.
The Dow Jones today might not reach a fourth consecutive day of a record-high open thanks to Chipotle Mexican Grill (NYSE: CMG)...
Dow Jones futures are down 11 points this morning after Chipotle fell well short of earnings expectations yesterday.
The Dow Jones today will continue its record-breaking run, as futures are already up 140 points before the bell.
The Dow Jones will open for a third-consecutive record-high today as a positive earnings season rolls on.
The Dow Jones Industrial Average today is set to open above 23,000 points for the first time in its history...
Dow Jones futures are up 92 points in pre-trading hours as a positive earnings season continues today.
GE is in dire need of some momentum.
If CEO John Flannery refocuses his efforts on this key component of GE's business, he could save the company.
The Dow Jones Industrial Average is down 16 points in pre-market hours today as investors prepare for a tumultuous secession vote in Spain this weekend...
Catalonian secession or violence in the region could send European stocks plunging, and American stock markets won't be immune.
The Dow Jones today is within striking distance of a fourth consecutive trading day in a row of a record high close.
Dow Jones futures are up 50 points in pre-market hours as the index nears the 22,300 level for the first time.
The Dow Jones today could end with its third consecutive day of record high closes.
But Dow Jones futures are starting the day down 32 points in pre-market trading...
The Dow Jones Industrial Average is already up 116 points in pre-trading hours, even as Hurricane Irma batters Florida.
Investors believe the damage from the hurricane will be less than first estimated, especially after the storm shifted course and is weakening.
In the latest installment of his "Stock Talks" series, Bill Patalon discusses why Sears has failed in detail - and how to profit from Sears' "spiritual successor" right now...
The Dow Jones today is starting the day flat after President Trump shocked Washington by making a surprise deal with Congressional Democrats on raising the debt ceiling.
Dow Jones futures are down five points in pre-market hours as Trump's economic agenda is now in question and Florida braces for Hurricane Irma.
The top gold stocks of August have seen gains as high as 23%.
That's why we're going to show you the top 10 performers that we're watching in September.
Our latest list of stocks to watch now includes a retail giant making a solar push, a Silicon Valley star trying to make it in Hollywood, and a huge equity fund making a splash in Indian e-commerce.
The Dow Jones Industrial Average today is up five points in premarket hours.
Most of the market news today focuses on a big Fed conference and the long-awaited solar eclipse.
President Trump wants to hit China's shady trade practices by invoking a time-worn rule made obsolete by the WTO's formation.
This plan is sure to anger U.S. allies worldwide, as well.
China's promise to follow through on the UN's North Korea sanctions is a ruse.
After all, Beijing has not only skirted such sanctions in the recent past...
It's flat-out broken them, too.
Some of our most rewarding picks have been the very American companies that form the backbone of the economy.
Smart investors always have a plan to prepare for a stock market crash, even when a pullback doesn't seem likely.
In fact, one of the reasons stock market crashes can be so devastating is because they are impossible to predict with certainty.
Fortunately for this company - and its investors - it's embracing the "retail ice age" threat head on.
Many of the top dividend defense stocks boast strong share-price growth in addition to big dividend yields.
That's why our experts have handpicked three of the best companies to invest in this year.
Here's a look at three new stocks to watch.
While May Boeing orders were weak, they still put Boeing on track to meet its 2017 goal of 660 orders.
But to really evaluate Boeing's profit potential, the big-picture numbers provide better insight into the company's value.
The GE stock price rallied roughly 3.5% this week after CEO Jeff Immelt stepped down.
Investors want to know if this means the company will stage a rebound from its lagging financials in recent years.
There are several events that can negatively impact airline stocks in 2017, causing a lot of volatility for the airline industry.
But don't let that scare you out of profiting from the increasing number of airline passengers this year.
Will there be a stock market crash after the June FOMC meeting?
It isn't likely, as investors are confident the Fed plans to raise interest rates.
U.S. sanctions against Russia have actually produced a number of unintended consequences that are good for Russia but bad for America, according to Jim Rogers.
The Dow Jones news today will be dominated by geopolitical events.
Dow Jones futures are down 18 points this morning after another terrorist attack hit London over the weekend and tensions rise in the Middle East.
Our newest list of best stocks to buy now has four picks from tech - from pharmaceuticals and consumer healthcare, to dental technology and the Internet of Everything.
The Dow Jones news today is highlighted by President Trump's decision to pull the United States out of the Paris climate accord and the May jobs report, which is released later today.
Dow Jones futures are up 66 points ahead of the report's release.
The Dow Jones news today is highlighted by stocks rising ahead of the bell after a stronger than expected private sector jobs report for May.
But today's stock market news isn't all positive. Investors continue to watch developments in the upcoming U.K. elections where the race continues to tighten.
The Dow Jones news today features stocks rising again as markets eye another round of earnings reports and economic data.
Also, President Trump ratchets up rhetoric against German trade and markets are weighing surprising polling data from the upcoming British election.
The Dow Jones news today features traders returning from the Memorial Day holiday and a busy economic calendar.
Over the weekend, President Trump returned from a nine-day trip across the globe to meet with heads of state.
The Dow Jones news today is highlighted by stocks dropping in premarket hours after a round of international news yesterday.
Dow futures are down 31 points as markets digest OPEC's production cut extension and President Trump's chilly reception in Europe.
The Dow Jones news today features OPEC renewing its production cut agreement for nine more months.
Dow Jones futures are up 60 points ahead of the bell.
The Dow Jones news today will focus on President Trump's first overseas trip, the London terror attacks, and a new cost estimate for the Republican's healthcare bill.
Investors are also waiting for the Federal Reserve to release minutes from the last FOMC Meeting, which could shed light on more interest rate hikes this year.
The Dow Jones news today focuses on rising stock prices this morning after the Trump administration proposed a plan to sell roughly half of the U.S. strategic oil reserves as part of its latest budget proposal.
Trump's new budget proposal aims to balance the budget within a decade by cutting Medicaid payments, student loan payments, and agricultural subsidies.
Jim Hackett built his reputation by turning around failing office furniture company Steelcase Inc. in the 90s.
Now he's been appointed CEO of Ford Motor Co.
The Dow Jones news today will feature stocks rising as President Trump visits the Middle East for the first time.
In more news affecting stocks, European leaders explore a deal to bailout Greece and a mega-merger pushes global chemical stocks higher.
The Dow Jones news today will focus on stocks rebounding as Wall Street looks beyond the controversies surrounding President Trump.
Markets are also preparing for a light day of earnings reports and weighing the latest developments out of Washington D.C.
Dow Jones News Today: Stocks Continue to Fall After Special Counsel Appointed in Trump Investigation
The Dow Jones news today will focus on the investigation into President Trump's campaign as a special counsel was appointed yesterday by the Department of Justice.
Dow Jones futures are down 88 points today after the Dow fell 372 points yesterday.
The Dow Jones news today will focus on turmoil in Washington D.C. over the firing of former FBI Director James Comey.
Revelations that President Trump asked the FBI Director to end the investigation into his campaign is overshadowing another busy day of earnings reports and economic data.
In Dow Jones news today, the markets were mostly flat as investors look through mixed earnings reports.
Investors are also worried about increased geopolitical tensions.
The top three stocks to watch today are SHLD, BA, and DKS.
Vendor conflicts, ownership news, and earnings are moving these stocks today.
The Dow Jones news today focuses on stocks rising after a fresh round of earnings reports.
Today's news also features a controversy over President Trump's handling of classified intel, the aftermath of a major cybersecurity breach, and the stability of the Greece financial system.
The Dow Jones news today features stocks rising ahead of a busy day of earnings reports and new housing data.
Dow Jones futures are up 48 points ahead of the opening bell.
The Dow Jones news today continues to focus on stocks sliding after the latest round of retail earnings results.
Markets are also anticipating insight from two key members of the Federal Reserve today (May 12).
The Dow Jones news today features stocks falling ahead of a busy day of retail earnings reports and fallout over President Trump firing FBI Director Comey.
A series of lackluster earnings reports yesterday compounded concerns that the Trump administration may struggle to get its economic policies passed in 2017.
Investors keep asking us, "Should I invest in gold today?"
The metal's profitability has come into question with prices trading near two-month lows.
The Dow Jones news today features another busy day of earnings reports and speeches by members of the Federal Reserve.
Markets pressed higher Monday after Emmanuel Macron beat Marine Le Pen, but the real story was the continued decline in volatility.
The Dow Jones news today is a projected a 35-point decline ahead of Monday's opening bell.
Markets are dipping ahead of a busy day of earnings reports as investors weigh Emmanuel Macron's victory in Sunday's French election.
The Dow Jones news today focuses on stocks falling ahead of the non-farm payrolls report before the bell.
Dow Jones futures projected a 10-point decline ahead of the U.S. Labor Department's release of the April jobs report.
The Dow Jones news today is highlighted by a busy day of earnings reports, economic data, and reactions to the Federal Reserve's decision to maintain interest rates at current levels.
On Wednesday, the U.S. central bank held interest rates in place during the FOMC meeting, where the Fed voted unanimously to wait on a potential rate hike.
The Dow Jones news today focuses on the FOMC meeting and whether the Fed will hike interest rates again.
The Nasdaq is also poised to fall from its record high after Apple Inc. disappointed on its earnings report.
The Dow Jones news today features today's Fed Open Market Committee (FOMC) meeting and the latest earnings report from Apple Inc.
Dow futures are down this morning ahead of the opening bell.
In Dow Jones news today, the index is up 22 points ahead of the opening bell.
These gains come despite some very weak economic news coming out of China.
The big Dow Jones news today has to do with the newly released Q1 GDP numbers.
Despite the GDP for the first quarter missing analysts expectations, markets are still ticking higher.
There's a popular myth that says gold prices can't rise alongside interest rates over the long term.
Investors often believe this because gold prices are tethered to the U.S. dollar.
The Dow Jones news today focuses on another busy day of earnings reports that will include some of the top technology firms in the country.
The Dow also is back within striking distance of 21,000 as markets continue to cheer President Donald Trump's economic agenda.
The Dow Jones news today features stocks pushing higher as investors continue to celebrate a string of positive earnings reports.
A busy day of earnings reports will keep investors focused on corporate performance and less interested in a potential government shutdown later this week.
The Dow Jones news today will focus on a major policy announcement from the Trump administration on his tax plan.
Markets are anticipating a major tax reform plan that would drop the corporate tax rate from 35% to 15%.
The Dow Jones news today is highlighted by the first round of the French election and prospects for a big trading day.
The Dow Jones projected a 216 point gain after the anti-EU leader Marine Le Pen and centrist Emmanuel Macron advanced to the second round of France's election on May 7.
The Dow Jones news today features another busy day of earnings as investors await details on President Trump's tax policy.
But investors are still taking a wait-and-see approach to the U.S. debt ceiling debate, Greek bailout talks, and the upcoming French presidential election.
In Dow Jones news today, the Dow soared as President Donald Trump announced plans to launch a probe on foreign products.
This sent shares of United States Steel Corp. skyrocketing.
The Dow Jones news for Thursday (April 20) is stock futures bouncing back this morning after yesterday's triple-digit drop.
Markets continue to react to mixed earnings reports and increased geopolitical uncertainty around the globe, including new unrest in Venezuela.
In Dow Jones news today, the Dow fell as oil prices plunged and IBM reported weak earnings.
Investors are also worried that President Donald Trump won't be able to cut taxes in 2017.
The Dow Jones news today centers around another busy day of earnings reports and updates on economic activity from the Federal Reserve.
Yahoo Inc. (Nasdaq: YHOO) topped Wall Street revenue expectations after the bell on Tuesday. That news that pushed shares up 0.3% in premarket hours.
In Dow Jones news today, the Dow dropped 113 points as tensions between North Korea and the U.S. escalate.
There were also earning reports that disappointed Wall Street today.
China and Russia have been working together to drastically change the way trade is conducted around the world.
In fact, this has been going on for several years.
Gold prices currently hover near their highest level since November 2016.
That makes the gold mining sector particularly attractive to long-term investors.
Today's Dow Jones news today is a projected a 65-point decline in stocks as mixed earnings reports have investors turning their heads back to ongoing geopolitical concerns around the globe.
Global markets were weaker overnight after U.K. Prime Minister Theresa May called for a snap election in June, and sent the pound soaring.
In Dow Jones news today, the markets rallied as U.S. VP Mike Pence warned North Korea that the "era of strategic patience is over."
As stocks climbed, crude oil and gold prices fell.
In his latest video, Money Morning champion stock picker Bill Patalon shares with you the perfect way to play gold in 2017.
In fact, current events - like Brexit and the election of Donald Trump - have poised this stock for serious gains.
The Dow Jones news today will be dominated by the upcoming week of earnings reports.
And ongoing geopolitical concerns around North Korea and Syria offset increased optimism surrounding China's strong economic growth.
In Dow Jones news today, the Dow fell once again as investors worry about geopolitical tensions across the globe.
The U.S. dropped the "Mother of All Bombs" on Afghanistan, and President Donald Trump said the U.S. will deal with North Korea if needed.
In Dow Jones news today, futures are projecting a roughly six-point gain.
Investors will be watching as the biggest banks on Wall Street report Q1 earnings.
In Dow Jones news today, the markets continued to slide as investors fear more geopolitical uncertainty is on the way.
Markets are especially worried since quarterly earnings will be reported soon. The combination of political instability and poor earnings could cause a crash.
The Dow Jones news today is highlighted by stocks ticking lower ahead of a busy day of earnings reports and economic data.
On Tuesday, the Dow shed a little more than six points as geopolitical instability in North Korea and Syria weighed on investor sentiment.
In Dow Jones news today, the markets were down on a string of bad economic data, controversies, and political tension.
After reporting huge losses, Toshiba warned it may not be able to survive. Also, United Airlines stock fell after a video was released that showed a passenger being dragged off a plane.
Tuesday's Dow Jones news features stocks falling in premarket hours after U.S. Secretary of State Rex Tillerson traveled to Moscow to engage in talks about the current geopolitical crisis in Syria.
Markets are also keeping a close eye on President Trump after the White House said it would authorize additional strikes if the Assad regime used chemical weapons again.
The big Dow Jones news today was the index posted a small gain despite rising geopolitical concerns.
Investors were hesitant to rally the market in the wake of uncertainty surrounding North Korea and Syria.
The Dow Jones news today features stock an 12-point gain this morning before earnings week kicks off.
Though no major companies report earnings Monday, investors are looking forward to a busy round of reports from banking and energy companies this week.
In Dow Jones news today, the markets were down after a missile strike on Syria.
Gold prices climbed because of the uncertainty, and defense contractor Raytheon Co. climbed nearly 1.5%.
The Dow Jones news today is a projected a 57-point decline after the United States military launched at least 50 missiles toward an airfield in Syria.
Markets are also looking for insight into the meeting between President Donald Trump and Chinese President Xi Jinping.
Dow Jones News: Markets Push Higher as Weekly Jobless Claims Record Biggest Drop in Nearly Two Years
In Dow Jones news today, the Dow climbed as the weekly jobless claims recorded its biggest drop in nearly two years.
Markets are rebounding after investors were concerned yesterday about the March meeting minutes from the Fed.
Today's Dow Jones news features stocks rising in premarket hours as traders prepare for a meeting between President Donald Trump and Chinese President Xi Jinping.
On Wednesday, the Dow dropped 41 points after investors scoured through the minutes from the March meeting of the U.S. Federal Reserve.
In Dow Jones news today, the Dow fell after the Fed released its meeting minutes from March.
The Fed believes stock prices are "quite high" right now.
In Dow Jones news today, the Dow was slightly up as investors wait for the March FOMC meeting minutes to be released.
The meeting minutes could provide clues as to when investors can expect the next rate hike.
The Dow Jones news today is a projected a 0.3% decline in premarket hours as markets take a wait-and-see approach to this week's meeting between President Donald Trump and China's President Xi Jinping.
Markets are also anxious to parse through the March jobs report slated for release on Friday.
In Dow Jones news today, the Dow fell as investors wait to see if President Donald Trump will cut taxes.
The markets are also preparing for an additional three or four interest rate hikes.
The Dow Jones news for Monday (April 3) is an expected small gain in stocks as investors prepare for a busy day of economic data.
Markets are also paying attention to threats from the Trump administration to "handle" the threat of North Korea without the assistance of China.
The biggest Dow Jones news today is the index has finally capped off the first quarter of 2016.
Commodities like gold ended higher, while tech stocks continue to dominate the top gainers.
The stock market news is the Dow pushing higher as investors eye another busy day of economic data and earnings reports.
On Thursday, banking stocks pulled the market higher after the U.S. Commerce Department reported stronger-than-expected economic growth for Q4 2016.
In Dow Jones news today, the markets were slightly up as the U.S. Commerce Department reported Q4 GDP of 2.1%.
Bank stocks also climbed today as the Fed could increase interest rates again as early as May.
The Dow Jones news today is highlighted by a new round of earnings reports and updates on the global energy front.
On Wednesday, the markets were stagnant after the United Kingdom invoked Article 50 to officially began the process of withdrawing from the European Union.
In Dow Jones news today, the markets were mostly flat as investors prepare for Brexit and potential economic turmoil.
The markets are also waiting to see if President Donald Trump can cut taxes and improve infrastructure in 2017.
The stock market news today is dominated by the start of Brexit and another round of speculation about the Federal Reserve.
The British Pound was falling as Prime Minister Theresa May is expected to invoke Article 50 today and begin the United Kingdom's withdraw from the European Union.
The Dow Jones news for today is stocks sliding as the Trump Rally fades.
Stocks are lower again today as the markets attempts to rebound for the first time since mid-March.
The Dow Jones futures are down 152 points ahead of the opening bell as investors try to make sense of last week's decision by Republicans not to hold a vote to replace Obamacare.
Investors are still hoping Trump's team is able to transition quickly to other policy priorities.
In Dow Jones news today, the markets were stagnant after Paul Ryan reportedly told President Donald Trump there aren't enough votes for a new healthcare plan.
Investors are also weighing poor results on a sales miss from GameStop and the retail sector in general.
The stock market news today begins with the Dow projecting a 51-point gain before the opening bell. But Wall Street is keeping a close eye on a new healthcare bill that was delayed in the
House of Representatives yesterday due to opposition from within the Republican camp and from outside influencers like the Koch Brothers.
In Dow Jones news today, the markets were still flat as investors wait to see if the Affordable Care Act is replaced.
Investors are also waiting to see if oil prices can rally after sliding below $50 per barrel.
In his third Stock Talks video, Money Morning Executive Editor, William Patalon, III, shares the unique story behind Boeing stock.
The Boeing Co. has a proven track record of bouncing back from scandals - and making a whole lot of money for investors.