I sent some over. Its very good. Power lunch starts right now. And welcome to power lunch. Three hours left in the trading session. And stocks are at near record highs. The dow currently up 130 points. The s p up 11. The nasdaq up 26 points. The nasdaq is very close to notching seven straight weeks of gains. We have a bunch of names that are hitting new 52week highs. Amazon, yahoo, ibm, and ross stores. Susan, over to you. Heres what else were watching this hour. Were seeing a huge rally in the Energy Markets with brent and wti both up more than 4 right now. Mortgage rates edging higher for a fourth straight week. Freddie mac says the average rate on a 30year fixed mortgage now standing at 3. 45 , and team usa continuing to lead the medal count at the rio games with a 32 total so far. 11 of those are gold. And the dual in the pool tonight. Lochte and phelps will swim it off one last time. Lets take a look now at warren, michigan. A live look in there. Any moment now, Hillary Clinton ex
Still there, 46. 21 for wti. Lower by. 37. The biggest market story is the dollar. Dropping to lowest level since brexit yesterday. Has since recovered on hawkish fed speak. The last 24 hours, atlanta fed president said two hikes were a possibility this year. Euro cost you a 1. 12. New york fed president suggested the central bank could raise rates as soon as next month. Two key events to watch today, st. Louis fed president James Bullard will speak and then well get minutes from the last momc meeting. And it is. The euro will cost you 1. 12. Pound 1. 30. The yen is at 100 yen dollar level. It had fallen below that yesterday. Violating what ive asked them to do. So now were back to maybe a couple of hikes when i think the probability had the hikes moved out to 2017. Well see. They love to pretend they might do something to get the benefit of whatever. Theres a lot of rumors about whats going to happen at jackson hole. About whether theyre going to say negative Interest Rates arent work
Have built up pretty steadily. There was a gain for wti. Its down a dollar. And heres whats on the agenda economically. Tomorrow, look for july new home sales, followed by existing home sales and thursday, thats why its called weekly jobless cams and on friday, its the second estimate on the Second Quarter gdp. Two for two. Second estimate on the second. First on the first. Third on the third. Symposium in kansas city. Oh, no, its jackson hole. And i guess luhoyia was taken. Hp, tole brothers. And now to the latest on the battle over control of viacom. It looks like this battle is over. And i believe dauman will be sticking around unsill september 16th. And redstone removed dauman from his trust and planned to sell paramount pictures. His daughter largely behind much of this. Hes going to receive about 72 million under the settlement agreement. This was probably the way you had to imagine it went with the redstones owning 80 of the vote. Check out shares of viacom. Theyre up. And final
Here now, chief anchor george stephanopoulos. So is this the week . The week we finally see the new and different donald trump so many republicans are hoping for . Back in the spring, trump mused about it. By the way, i can be more president ial than anybody. I can be more president ial, if i want to be. I would say more president ial, and ive said this a couple of times, more president ial than anybody other than the great abe lincoln. He was very president ial, right . His Campaign Chair Paul Manafort promised the gop change was coming. Youll start to see more depth of the person. The real person, youl see him in a different way. After a summer of bad news and tanking poll number, trump fired manafort this week. Vowed to run his own way. I am who i am. Its me. I dont want to change. Everyone talks about, oh, well, youre going to pivot. I dont want to pivot. I mean, you have to be you. Then came thursdays surprising admission. Sometimes in the heat of debate, you dont choose the right
Stephanopoulos. So is this the week . The week we finally see the new and different donald trump so many republicans are hoping for . Back in the spring, trump mused about it. By the way, i can be more president ial than anybody. I can be more president ial, if i want to be. I would say more president ial, and ive said this a couple of times, more president ial than anybody other than the great abe lincoln. He was very president ial, rit . Manafort promised the gop change was coming. Youll start to see more depth of the person. The real person, youl see him in a different way. After a summer of bad news and tanking poll number, trump fired manafort this week. Vowed to run his own way. I am who i am. Its me. I dont want to change. Everyone talks about, oh, well, youre going to pivot. I dont want to pivot. I mean, you have to be you. Then came thursdays surprising admission. Debate, you dont choose the right words. Or you say the wrong thing. I have done that. And i do regret it. Particu