Nevine we could go with all three drivers, but if you are looking at the dow on track to close at a record a lot of Health Insurance stocks are helping take us there. Absolutely incredible the moves happening in these stocks. Theyve all really underperformed all year long because of all of what is going on in washington the rebate rule dismissal is really a very, very big deal because it would have made pbms extinct in the medicare world. Are you a buyer i am. I have been buying United Health care because the stock had fallen Something Like 25 from its december high, but even now down 13 from its highs. Trades at about 18 times forward system the real name to own, the levered one would be cigna, trading at a 40 discount to anthem, absurd, and they have the express skrip as a pbm the stocks are attractive, though and very under owned thats the real key here. Big moves in yields, ten year at 211 lots with stephanie to come over the next hour. Focus in on the big stories, bob is on record
Drone, intentions pick up in the gulf. Kathleen we have to take a look now at how u. S. Stocks ended. Look at the numbers on the stock s p 500, a record. Hit an alltime high in april and now was at another alltime high. Close. At the it was up a full percent at the end of the day. Almost a point as well. The dow across the board looking pretty good. We can see the futures pointing a little lower. Hard to say why. A big rally started yesterday at the fed decision at the Powell Press Conference where he made it clear the fed is tilting definitely toward cutting rates, so maybe a little bit of give back while markets wait for asia to open. Lets go on to the bond market because again, a rally kicked off yesterday in the bond market. It continued around the clock. At this point, the 10year note is around 2. 02 . Got down to 1. 96 percent. Is not surprising they take a little bit of a pause to see what the future data is. A vice chair of the Federal Reserve on blue on blooper television on B
Alix even President Trump took to twitter to congratulate the team, versus a couple days ago, when one of the women said we are not going to the white house, and he said why dont you win first. Now apparently very proud. David it was a great game. The u. S. Was really taking it to the netherland for the first half, but they kept it up in the second half. Alix go team usa. In the markets, you have powell coming out in the next couple of days. Drive up Market Reaction for this week. Eurodollar lower by 1 10 of 1 . The dollar getting a little bit of steam in the last 20 minutes of trading. Crude also quiet. It is a quiet market with idiosyncratic events turkey, like Deutsche Bank. David what a nice word to use. Alix right . David idiosyncratic. Time now for the morning brief. Today, British Conservative Party members mail in their votes for the next Prime Minister, widely expected to be Boris Johnson. On tuesday, the Allen Company conference gets underway in sudden valley. We also get chi
Of tiktok today, one day before the house votes on a bill that would force the sale or ban it from the United States. Congresswoman kat cammack is here to set the stage. Todd and Prime Minister of haiti resigned before an Emergency Meeting, we will tell you why you need to care even though it is happening in haiti. You are watching Fox And Friends, im todd piro. Carley im carley shimkus. We begin in washington, Robert Hur Will Testify For The First Time after his report on President Bidens handling of classified documents sparked questions about the president s mental fitness. Todd in february, robert hur wrote mr. Biden would present himself to a jury as a sympathetic well meaning elderly man with a poor memory. He did not remember when he was Vice President , when his term ended or didnt remember within several years when his son beau died. Mat whitaker is former Acting Attorney General and both join us now. Think canman, im sure when you read robert hurs report you said, i have foll
Deadly w whiefldrlgds rip throu hawaiian behinds h tampas mayor reels in a Million Dollar catch, but it wasnt a fish on the end of the line, 70 pounds of cocaine, and shes not the only florida keys boater this year to find this kind of catch. And your streaming subscriptions are on the rise. Disney is the latest platform to push prices higher, and well tell you how and when your bill will jump. Its bad enough to have a snake fall on you, but imagine a hawk swooping down to pluck it right off your arm one woman in texas shares the wild encounter in her own words. Its thursday, august 10, early today starts right now. Glad youre with us this morning. Im Frances Rivera we begin with a deadly inferno ripping through paradise wildfires burn on the island of maui urgent evacuations continue across maui where mm services and communications have been crippled satellite images show the widespread destruction on the island at least 270 structures have been damaged our Miguel Almaguer starts us o