We will be joined to talk more about that. But first, lets talk about the market. Abigail doolittle is with us. On the back of a big speech by joe biden last night that has been largely wellreceived, even some republicans saying it was successful. Abigail indeed. Probably not too much influence in the markets today because earlier today on the open, really small moves. It was as the day got going that the gains continued, especially for the tech stocks on the day. A real head scratcher because we have a they were we do not have any positive macro data on economic front, and we also dont have any negative data relative to the macro either except for the further out uncertainty around the election and u. S. And china relations. Here we have the big tech stocks you were talking about once again climbing to the nasdaq 100 and faang index both at record highs. The faang index now up 115 since its march low. Apple is just incredible, up more than 5 today. Split does notck create value. Inter
Or sleepier . Dana i would have gotten 10 hours of sleep if i went to bed like i felt like it. If you have any tips or tricks for the new schedule. Bill dana is here in the morning and evening and doing it all right now. Dana i went to bed earlier than most children last night and our Line Producer went to bed. Bill more caffeine. Eight hours. Dana we have a capitol hill watch with jackie heinrich. The Senate Moving Forward on covid relief without republican support . Thats right, dana. President biden reportedly told democrats to move forward with his 1. 9 trillion proposal not long after sitting down with Senate Republicans to try to hash out a bipartisan deal. 618 billion proposal was swiftly rejected. Democrats cleared a procedural hurdle to go forward with Budget Reconciliation to pass bigger bill with a simple majority. Republicans can join us but dont try to go against us. We have the majority and we arent backing down. Our members who were in the meeting felt that the president
The hunt for variants. The house Impeachment Managers laying out their case against former President Trump a week before his trial democrats saying he summoned a mob and aimed them like a Loaded Cannon at the capitol. How trumps legal team is responding. The 9yearold Pepper Sprayed by police her mother speaking out to us about the action shes now taking paying tribute to the 100yearold world war ii veteran who inspired the world announcer this is nbc nightly news with lester holt good evening, everyone its not often we start the broadcast with news of a change in one of this countrys corporate suites but arguably no company has changed the way we live quite like amazon. And late today its Ceo Jeff Bezos delivered the surprising news hes stepping down from the helm of the Shopping Empire Formed in 1994 that Late Development just one of the major stories were covering tonight that includes a deadly day for the fbi. Two agents killed while trying to serve a criminal warrant in florida. Th
Buying it. And growing cyber threats, new york spending big time, and one stock in the cyberspace up sharply. The name and ceo join us ahead first, the latest on the markets. For more, we turn to bob the july cpi was up 0. 2 month over month, 3. 2 year over year this is supportive of the soft landing and disinflationary trends 10 00 a. M. Eastern time, theyve been selling into the rally since. The s p was up almost 60 points. Almost flat right now. Dow up over 400 points, going towards the flat line. Nasdaq up over 200 points, it too down rather dramatically the russell 2,000 is now negative so take a look at the weakness here its semiconductors and tech so big names like nvidia and micron they were all trading up at the open, now negative apple, generally flat on the day. There are some pockets of strength a win is driving up all the casinos. Las vegas is still strong, thats good news the refiners, the marathon petroleum, phillips 66 keep hitting new hires, although oil is having a ra
Today. Caroline and we sit down with the buy now pay later ipo. But first, whats trading in the Public Markets . Maybe a bit of a reprieve and spirits, even with the ppi number that produced a price index that came in hotter than anticipated with a sign of ling in the key areas the fed will be focusing on here in the u. S. , pulling up in the nasdaq, notably even though we saw initial kneejerk selloff it is back to rallying on the twoyear yield. Shining light on whats happening in the highly shorted names like stop, amc, an extraordinary rally for no fundamental reason with high Short Interest stocks, bet against in the rocks market. Moving on to have a look at whats happening on the world of bitcoin, no move or read across from the meme frenzy to the crypto frenzy. Bitcoin, selling off a bit. We heard from key players within the crypto severe saying look, we will be range bound, currently at 62,000. What are you watching . Ed theres a lot of technology to fit to today. Lets go to chin