American nation could achieve. No one could even come close to us. Maria the present renewing his call for immigration reform. He went to be an immigrant friend collecting welfare. Congressman Steve Scalise a special visitor on capitol hill. Bought a scion of card after another update on his health. Doctors say hes improved to fair condition. Once again another grade. Tropical storm cindy makes landfall. The threat of heavy rain and flash flooding 2 million. Photo looks to rebound today. The lowest level in nearly a year yesterday. Today up two thirds of 1 . The Broader Market in terms of stocks. Take a look at stocks this morning. The market fractionally lower. Dow industrials down 20 points. Nasdaq and s p 500. As you will see, weaker across the board. Ft 100 the cat around down 100. In asia overnight, as youll see with the exception of korea up one half of 1 . The motorcycle chain getting into rival ducati. We will tell you about that developing story. Tom brady makes another stop o
Can these stocks keep surging. With us for the hour, Pete Najarian, steve weis, also with us on set is tony dwyer. Weis, ill begin with you. You like this group . You own netflix. I do. You say you may buy facebook today . I would love to buy facebook. Ive been talking about it for a number of days, a couple of weeks. I agree that Mark Zuckerberg is one of those unique individuals, like a steve jobs, who is creating an entire new asset class, as we look at it, and technology, of course. Look, the nasdaq is not expensive. And if you its like 18 times earnings as you go forward, youre still going to have this low inflation. I mean, we looked at durable goods orders today it was a disappointing number. The revision was disappointing if you have that low inflation, youll want to go for growth youre not going to get the tenyear moving much above where it is. So growth is personified by the f. A. N. G. Stocks. So they will keep going. Theres no doubt in my mind in this environment youve been
The first trillion dollar company, the details on jeff bezos power lunch. Welcome, everybody im brian sullivans better looking twin brother lets look at the markets. The dow, s p and nasdaq hitting record highs again today telecon and Consumer Discretionary are the best performing sectors not a lot but enough, the nasdaq and the s p may be down a bit right now but hitting lord highs, verizon, merck, boeing, disney are your dow leaders. Boeings move comes on the back of 10 gain yesterday. On the flip side, the transports are having their worst day in over a month 5 below their record high get this, just breaking a few minutes ago, adp shares, they probably make your payroll checks, soaring on news that bill Ackmans Pershing Square is building a stake in the company. Im Michelle Carusocabrera its the busiest names of the earnings season. Check out the names, verizon, u. P. S. , adp, mastercard, twit to name a few lr then the afterthebell biggies, and this is a biggie, amazon, starbucks a
Trimmed down healthcare bill instead of getting rid of obama care all together. Many people think the conservatives would come on board. As of today insurance provider blue shield warned senators of a straight repeal without a replacement plan. We are joined now by our political analyst. This is a real uphill battle for the republicans. If they can do this they would still have to reconcile with the house. Yes, the short answer is i dont think they can do it in the short term. There are just too many pieces of the bill that are controversial, no democrats are voting for it. Republicans are splitting in all kind of ways. Its a very tough challenge and you may get it through the senate now you have to move it on to the house. So even so with this stripped down, very skinny bill, theyre talking about last resort, socalled skinny bill. Yes, anything that can fix the healthcare in the United States is worth doing, and i think but it requires that people on both sides of the aisle get togeth
Getting worse. Wayfair shares are sinking concerns about the Online Furniture companys margins and its plans to increase ad spending weighing on the stock, down a little more than 5 off those record highs that it hit earlier. Not to mention potential competition from amazon. Well talk about all of this with the ceo in an exclusive interview coming up this hour. Who, by the way, does not consider himself in competition with amazon. He feels like their niche furniture cannot be replicated. So far neither do investors this has been one of the hottest stocks in the Retail Sector this year. Momentum stock. The question is what does amazon have planned . Dow component disney reports earnings well tell you what to expect and, yes, a first on cnbc interview with ceo bob iger and, of course, everybody is wringing their hands, of course, over espn lets bring you up to date on the markets here the dow down nine points we all know the dow has been up 10 consecutive days. Nine of those have been a