Wall Street Likes What It Heard From the President Last Night

Markets are pointing to a higher start after President Trump's speech last night. Analysts and traders say the speech didn't have the specifics they were hoping for but they did like the tone. President Trump offered some details on replacing Obamacare and indicated more individual choice in healthcare plans. He also reiterated plans to boost military spending and infrastructure projects. He said $1 trillion of infrastructure investment should come from both public and private capital. Snap is looking to price its shares for the IPO above the range. CNBC reports the range the tech company is seeking is $17 to $18 a share. Snap is also reportedly looking to get into the drone business. Lowe's (LOW) - Get Report  turned in earnings above expectations. Revenue and same store sales also came in better than expected.