FIRST AIRED: February 9, 2017

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Transcript

00:00:00
>> It's the promise Wall Street has been waiting for ever since President Trump's surprise win back in November.>> Lowering the overall tax burden on American business is big league. We're going to be announcing something, I would say, over the next two or three weeks that will be phenomenal, in terms of tax, and developing our aviation infrastructure.
00:00:22
>> Trump Thursday hinting at progress towards tax cuts and infrastructure spending, sending a wave of giddiness across trading floors, propelling the DOW, the NASDAQ, and the S&P 500 all to record highs. Even though there were no details, it was just enough for investors, says Reuters markets correspondent Rodrigo Campos.
00:00:43
>> As opposed to the last few weeks, where the market has been a little bit fearful of the President, today he talked about his plan for taxes. As some people have been saying over the last weeks, he just needs to focus on something that the market likes and the market will react quickly, and that's what it's doing.
00:00:58
>> With Trump staying away from what the market sees as the scary stuff, like travel bans and trade wars, investors focused on the bright side of his policies and the economic boost they might provide. The prospect of a stronger economy and stronger consumer spending, sending Nike, the global market leader in athletic gear, to the top of the winners list for the DOW.
00:01:19
And it wasn't just Nike, most consumer related stocks rallied on the same optimism. Also getting a lift? The US dollar, as investor's cheer signs, the White House is more than just talk when it comes to giving the economy a shot in the arm.