And welcome, everyone, to power lunch. Im Tyler Mathisen glad you could join us on a summer monday. A new trading month, a new half, and record highs for the stock market, but were off the session highs, as melissa just mentioned. The dow was up 290 points earlier. Apple leading the dow, boeing, the biggest dragger. And chip stocks soaring on that trade truce. Kelly. Tyler, thanks the rally is losing steam. Lets get to seema moda on the floor of the New York Stock Exchange with more on the action this hour. Hey, the key question for the market is whether those talks between u. S. And chinese officials over the weekend and japan will actually lead to a trade deal what youre seeing is some of the optimism around the trade talks starting to fade we started the day higher by about 1 the intra day high for the s p 500 was 2977 were currently at 2957. Still up about a half a percent on the names on the day. Names that initially jumped higher on g20 trade talks have come off their highs as we
Rotunda on march 1. Global news 24 hours a day, powered by more than 2700 journalists and analysts in over 120 countries. This is bloomberg. Emily i am emily chang and this is bloomberg technology. Earnings season continues. We will break down the results at Hp Enterprise at hb inc. Another spacex rocket blasts into outer space. How it brings elon musks vision a faster internet one step closer to reality. We lay out the game plan and the upgrades on tap for apples nextgeneration air pod. Hewlettpackard enterprise and hb inc. Reported earnings after the bell. Inc. Beat estimates. What is think are driving these results . Crawford we have to unpack them. For a long time, hp talked about being better together. This order, they were better up right. You have two companies that have a stronger ability to be noble, a stronger ability to be desta resize their infrastructure, particularly in the case of hpe. This companyf hpi, is performing on all cylinders. They are in a market that is flat f
Ban rapid fire devices like those used in last years massacre in las vegas. A band could start a legal battle with gunmakers. Paul manafort and rick gates were indicted for a second time. The new charges include failing to report incomes, to the tax authorities and bank fraud. It could put additional pressure on them to cooperate. The late reverend billy graham will be brought to the u. S. Capitol where he will line honor in the rotunda until thursday, march 1. Graham died yesterday at the age of 99. Global news 24 hours a day, powered by more than 2700 journalists and analysts in more than 120 countries. I am Alisa Parenti and this is bloomberg. Emily i am emily chang and this is Bloomberg Technology. Coming up earnings season , continues. We will break down the results at Hp Enterprise at hp inc. Another spacex rocket blasts into outer space. How this launch brings elon musks vision of if after internet one step closer to reality. We lay out the game plan and the upgrades on tap for
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