Ed Yardeni: Earnings are driving the market, layoffs playing a part

Time. The major indices uh erasing most of their losses from last week, driven by some optimism that the government shutdown will end soon, as well as easing concerns about the AI trade. Let's bring in Ed Yardi, president of Yardi Research, still aiming for the S&P to end the year at or maybe close to 7K.Ed, it's good to see you. There was some discussion this morning that the 50-day was tested and held. Uh you know that when you're down three for the week and that's the worst in seven months, it was probab ...