The dow eyeing eight Straight Days of gains on growing optimism around u. S. china trade. Weworks rocky road to an initial Public Offering. And the democratic faceoff, warren, biden, sanders dominating the debate stage. Just what their plans could mean for your portfolio stocks are chasing history this morning the dow and the s p each within 1 of hitting record intraday highs. The blue chips in the midst of a sevenday win streak for First Time Since may of last year. You have signs of a health y consumer, Government Data shows retail sales up. 4 in august, double expectations. Core unchanged, looking for. 1 but july even after that upside surprise revised higher. Is this ever putting the pressure on jay . I think jay powell is uniquely faced with a difficult decision. You posted some stuff the other day about you raised rates and the economy is not being hurt so why should we just want to cut them i continue to say he raised rates too much and i want i want to go for the full on 3 on e
Needle for investors were going to talk about weworks embattled ipo plans and play the long game, thats the white houses message for wall street on china trade stocks pointed to a muted open today. Apple is set to unveil the latest new Iphone Models and other product updates today, features on the phones might include upgraded processors, new camera functionality, the event will take place at the headquarters in california, beginning at 1 00 p. M. Eastern time jim, talking about what else we might hear about, content, some shows rolling out in the coming days i think they have some exciting tv. I want to see trailers i think people are underestimating what they have been working on. I would love to hear more credit card i think that it is too early i do think anyone with the watch, the iterations are getting very exciting. The watch sales, youll hear incredible numbers, i believe. Service revenue very strong. Not sure exactly what to say about the 11, because they have been pretty clos
Im sara eisen look at whens driving the action higher. A thaw in the trade war again. U. S. And china resuming tariff negotiations in october. Strong Economic Data helping ease some recession fears and the s p moving back above the 50day moving average. Key technical level. Tech stocks are leading the rally. Two big interviews coming up on closing bell. Box Ceo Aaron Levie and with Consumer Staples near alltime highs kimberlyclark ceo michael hsu will join us see both interviews only right here on closing bell. Joining us for the entire final hour of trade is stephanie link. Welcome back, stephanie. Thank you. So are you a buyer on this trade rally . I bought a couple things today. I added to a few positions, nothing new, nothing big, but i think the debate will continue are we going into a recession or seeing Slower Growth i have been saying i think Slower Growth mode and a lot of that because the consumer has been quite strong. I know a lot of people talking about that i spent this w
Investors from across the globe to the u. S. Housing market. This promotes the availability of mortgage credit for the millions of households served by federal housing programs. Our guest today is certainly no stranger to those in the Housing Field where she has enjoyed a long and distinguished career. Alayna mccarter was sworn in as the ginnie mae 18 president in december, 2021. Previously, she served as Senior Advisor for House Finance to hud secretary marcia fudge. Prior to joining the biden harris administration, she was Vice President of the Housing Finance policy center at the urban institute where she helped advance the National Policy conversation around reducing racial homeownership and wealth gaps in removing barriers to credit and capital. She also has held Important Roles in the private sector in court logic at jpmorgan chase. From 2000 22012, she worked at fannie mae, focusing on secondary Mortgage Market programs and policy while there, she played a Critical Role executin
Comcast supports cspan as a Public Service along with these other Television Providers, giving you a front row seats to democracy area. Now, ginnie mae on expanding homeownership opportunities. This is about 50 minutes. Veterans administration, the usda and home Loan Guarantee program, ginnie mae connects investors to the u. S. Housing market. This promotes the availability of mortgage credit to the millions of households served by federal housing programs. Our guest is no stranger to those in the Housing Field where she has enjoyed a long and distinguished career. She was sworn in as the 18th president in december of 2021. Previously, she served as a Senior Advisor to the secretary. Prior to joining the administration, she was Vice President at the urban institute where she helped advance the National Policy conversation around reducing racial homeownership. She has held Important Roles in the ibis sector. From 2002 to 2012, she worked in focusing on secondary Mortgage Market grams an