Is it Friday yet?
At the close, the Dow Jones Industrial Average rose 172 points, or 0.68%, to 25,412 - at its high for the session the blue-chip index gained 183 points. The S&P 500 was up 0.47% and the Nasdaq gained 0.74%.
The State of the Market
All eyes are on President Trump's State of the Union Speech scheduled for Tuesday evening.
So, what can we expect to hear during the speech?
- The Wall/Shutdown Concerns
- Health Care
Goldman Sachs Is Changing it Up
Goldman Sachs (GS) executives are discussing making cuts to its commodities trading desk, once one of the investment bank's largest sources of revenue, according to a Wall Street Journal report Tuesday.
Goldman will execute the cuts after a months-long review process that revealed the division burned through too much capital for too little profit. The cuts to the commodities desk are part of a series of planned changes that executives will present to Goldman Sachs' board later this month, reported TheStreet's Tony Owusu.
Roger Stone Picks a Bone
Roger Stone, the headline grabbing political operative at the center of the investigation of Wikileaks and Russia, had some choice words for Facebook (FB) and Twitter (TWTR) executives in TheStreet's exclusive interview by Kevin Curran.
"It's antitrust, it violates the antitrust laws. It's racketeering. It's collusion," the political provocateur told TheStreet. "I think the Justice Department should proceed. I am against censorship of anybody for anything. I don't care how far left or how politically radical you are. I think everybody should have a voice, let the public decide."