All the turmoil in Washington isn't bothering Wall Street in the least bit. The Dow, S&P 500 and Nasdaq soared to record closing highs on Wednesday, the fifth-straight day of all-time highs.
Anthem sues Cigna after Cigna called off their merger. It was opposed by the Justice Department and blocked by a federal judge, citing antitrust concerns.
So much for President Trump being bad for tech stocks. The Nasdaq has zoomed to six consecutive record highs, its longest hot streak since December 1999.
Pepsi reported solid earnings thanks to strong sales in the U.S. But Pepsi is a global beverage and snack food giant. And its CFO said this won't change -- even if President Trump continues to push for more protectionist policies.
Goldman Sachs has finally recovered from the 2008 financial crisis. Ironically, the main catalyst is President Trump's promises to undo safeguards put in place to prevent another meltdown.
NBA jersey ads were a source of contention for the league -- teams were eager to make money but fans were upset jerseys would turn into billboards. Now nearly a year later, only five teams have deals.`
Point by point, the Federal Reserve chief Janet Yellen on Tuesday debunked the core arguments used by the White House to push for rolling back the Wall Street reform law intended to prevent another financial disaster.
Rex Tillerson is now the Secretary of State instead of the CEO of oil giant ExxonMobil. But the stock hasn't gotten a Trump bump. Shares are down nearly 10% this year despite higher oil prices and profits recently missed forecasts too.
