Today's Headlines

Bloomberg:

• U.S. Stocks Gain for Third Week as Policy Promises Whip Up Bulls. U.S. equities rallied to records for a third straight week of gains as a gauge of investor sentiment on U.S. stocks climbed to levels unseen in more than two years and investors assessed promises from President Donald Trump for tax cuts and fiscal spending. Economic data also continued to paint a largely positive picture of the U.S. economy, after yesterday’s unexpectedly low number of Americans filing for jobless claims and as corporations added to one of the best sets of earnings since the financial crisis. The S&P 500 Index added 0.8 percent this week to a record 2,316, bringing the three-week advance to 2 percent, as industrial and consumer discretionary shares led the market. The Dow Jones Industrial Average jumped 1 percent to 20.269. The Nasdaq Composite and Russell 2000 also made new highs. 
• Fischer Says Fed Focused on Goals Amid Trump Policy Uncertainty. Federal Reserve Vice Chairman Stanley Fischer defended post-crisis U.S. banking reforms that Donald Trump’s administration wants to undo and said the central bank is focused on its dual mandate for inflation and jobs amid “significant uncertainty” on fiscal policy. “I don’t think anyone quite knows what’s going to come out of the process which involves both the administration and Congress in the deciding of fiscal policy and a variety of other things.,”’ Fischer said in response to audience questions at a conference Saturday in Coventry, England. “At the moment we are going strictly according to what we see as our responsibility according to law.”

Barron's:

• Had bullish commentary on (M), (ABT), (C) and (IGT).

Zero Hedge:

• Mexicans Vow To Fight Trump By "Jamming US Courts" As Deportations Begin.
• Russian Government Considers Offering Snowden As "Gift" To President Trump, NBC Reports.
• Fischer Admits Fed Is Clueless About What Happens Next.
• North Korea Launches Ballistic Missile, Tests Trump.
• "Panic" Spreads Among Hispanics After Hundreds Of Illegal Immigrants Arrested.
• Barclays: "Significant Change Is Coming To The Fed Over The Next 18 Months".
• Trump Renews Attack On "Broken" Legal System, Says Cost Of Border "Wall" Will Come "Way Down".
• The Reason The Elite Hate Trump So Much: He Is Opposed To The One World Agenda Of The Globalists.
• Amazon(AMZN) Discloses Iranian Transactions That May Have Violated US Sanctions, Warns It May Be "Penalized".
• Trump Will Not Appeal Travel Ban Ruling To Supreme Court, Priebus Denies.
• Le Pen Victory Would Lead To "Massive Sovereign Default", Global Financial Chaos, Economists Warn. (graph)
• FX Traders Have To (Re)Learn A New Skill.
• Trump Says New Immigration Action Coming: "You'll Be Seeing Something Next Week".
• Trump Slump - The 'Soft-To-Hard Data' Transition Is Going The Wrong Way. (graph)
• Weekend Reading: Fed Up. (graph)
• Dead Market Ramping - Stocks Hit Record Highs As Activity Hits Record Low. (graph)

Business Insider:

• Dan Loeb made a nearly $1 billion bet on Wall Street.
• Why some liberals are warming up to Trump's Supreme Court nominee.
• Tsipras warns the IMF and Germany to stop 'playing with fire' over Greek debt.

Reuters: 

• Disney(DIS) hikes some U.S. park ticket prices up to 4.9 percent.

RIA:

• Russia's Novak Sees Chance to Extend Oil Cuts With OPEC. Russia will decide in April or May whether to prolong the deal with OPEC, Energy Minister Alexander Novak tells reporters in Russia's Black Sea resort of Sochi, RIA Novosti state news service reports.