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Stocks Set For New All-Time Highs, Nikkei Rises Above 20,000, Oil Slides

Stocks Set For New All-Time Highs, Nikkei Rises Above 20,000, Oil Slides

The day after Trump pulled out of the Paris Climate Accord, stocks are set for new all time highs with S&P futures up 0.2%, boosted by green markets across Europe and Asia, where the Nikkei rose above 20,000 for the first time since 2015. World stocks are set for new record highs, having already gained 11% so far this year, ahead of today's US nonfarm payrolls which are expected to increase by 185,000 jobs after surging 211,000 in April.

Bizarre Trump Midnight Tweet Sparks Twitter Trolling, Bewilderment, Mockery

Bizarre Trump Midnight Tweet Sparks Twitter Trolling, Bewilderment, Mockery

Update: after deleting the original tweet that kept much of Twitter, and most of the political media up all night, Trump followed up shortly after 6am with a tweet in which he tried a humorous spin on "covfefe":

"Who can figure out the true meaning of "covfefe" ???  Enjoy!" Trump tweeted at 6:10am ET.

Millennials Choose To Spend Money On Travel, Dining, And Fitness Than Save For Retirement: Survey

Millennials Choose To Spend Money On Travel, Dining, And Fitness Than Save For Retirement: Survey

Submitted by Nicholas Colas of Convergex

Millennials save more of their income than older generations. Don’t believe it? Look at a recent survey by Merrill Edge, which found millennials say they save 36% more than their general population counterparts report as over a third stash away more than 20% of their salary per year.

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