The street. Hopes on greece fueling another big up day, not to mention another up day in china overnight. Bob pisani is at the nyse. Right now theyre holding, 21 advancing to declining stocks. The s p 500, really all the gains were frankly overnight around 3 00 when we got word that a deal was in the making. At that time s p futures moved 15 points. We have held most of the gains from the open. Tech Consumer Discretionary materials and industry good day for techs. Facebook set a new high. Buvlg bunch of tech stocks hitting 52 week highs. The greek etf everybody watches was positive and moved into negative territory. Largely the belief that it is going to be a tough sell for tsipras and this deal is a long long way from being done. More on that in a moment. Metals and mining have been strong. This is a separate story because china rallying in the last several doors has put a floor under these stocks. The steel stocks all the mining stocks are up again today. Whats not participating is s
Good afternoon. Stocks steady despite jobs and gdp data financials and tech the best performers and telecom and energy the biggest laggards. Bob evans farms soaring, beating Sales Estimates and raising outlook and chicos taking a hit. Comp store sales also missing the mark. Lets get you caught up on latest headlines on har vixt the governmentrun u. S. Flood Insurance Program now says it has already received 35,000 claims, as of noon today and as of midnight, dumped 21 trillion gallons of rain, and its enough to fill half of lake tahoe. And the storm is hitting louisiana now. The state bracing for tornadoes and flooding weve got you covered. Lets go to Team Coverage on the ground in texas. Brian sullivan live in pasadena with the latest on the refineries Contessa Brewer still in houston where businesses are continuing to get back to business. Lets start with you. All right, sara, thank you very much. We want to look at these refineries and show them to you. Right along the buffalo bayou
The lows down 234 right now and its a broad selloff financials are actually the hardest hit. You can see the yield on the tenyear approaching 2 . Investors are piling into safe haven assets like the treasures. Well talk to the ameritrade chief strategist on whether americans are doing buying on the dips. Mohamed elerian on whether geopolitical concerns could get worse and whether the fed could put any further rate hikes on hold as a result. Oh, boy. Right thats on the table right now as well. Lets begin with seema mody here on the floor of whats driving the selloff on wall street today seema . Kelly and bill, the calendar may say its summer, but it certainly feels like fall, a lot of traders reminding me historically september is the worst performing month as traders return to their desk goldman sachs, one of the most heavily traded names, surpassing its 30 day volume average, about 4. 3 million shares have exchanged hands. Its down just about 3. 5 , the second worth of we are forming
Magazine. I have been there for 33 years. It seems like ive known you for at least 20 years. It does feel that way. So, lee is my closest friend at fortune. Full disclosure. But you can still ask me tough questions. This will not be edgy or challenging so its up to you to ask the challenging questions, the really tough questions i was flattered when i was in the middle of the airbnb story when she asked me if i would do this tonight. She gave me incentive to finish it. [laughter] the book is great and we expect all of you to read it. I was a big fan of her first book, the end of the suburbs. That is about the movement from the suburbs to the city of people, companies and money. This airbnb story is kind of a natural for you, as a followup. How natural was it and how did it come along . A lot of people after that. Thank you to the core club for having us here tonight in this lovely room and lovely setting. Its really wonderful. Thank you. And thank you patty. The way i came to this idea
Theyve been performing. Interesting crop. Includes avis, carmax, and many others tivo. That was one, wow. Other big winners. Anyway, largest Ransomware Attack in interpret history, and looking to protect yourself, a new industry of Cyber Insurance is booming, and theres a lot of Cyber Security names which are rallying today. Well get you details. People discover that etf today. Oh, boy. Hack is having a day. Best day of the year smart right now. Meanwhile, Charles Bronfman has a new memoir about the empire, talking the family business, and his tremendous efforts in philanthropy. We got a lot of Great Stories to get to with Charles Bronfman here. Playing bernie and ruth madoff, joining us, and why de niro did not meet with bernie in person. Michelle did, and i dont want to tell it dont give it away. But de niro did not meet with him, and unclear if madoff will see this, of course, being on hbo. I cant wait. Saturday night. That movie on hbo saturday night. A move up in oil, 2 move highe