Ceo unique background. He did not come all the way up through Silicon Valley. Before that, he was at saw that very closely and used that to really lead in a new era in Silicon Valley focussed on data. He was at tera data, just quite a towering figure in Silicon Valley. He could be tough, not universally loved but respected for his leadership and sales ability. Of course, he made his appearances here on the show. Well be talking about his leg a legacy. We appreciate it. Sad news, indeed. Welcome to Halftime Report. Front and center, why another bull run could be on the cars for stocks as s p now tracking for the best year in 20 years it is good to have you with us on friday. The chief Investment Officer is he here. We want to start with the markets. S p tom lee, the man who rarely waivers on his positions in the market. We have seasonals. We normally get a santa claus rally. There is a ton of cash on the sidelines. Record cash positions and big under weights and equities. Its about why
Copper, all getting caught up in this risk off seer. Time for Global Exchange where we bring you market moving news. From hong kong is reporter ian marlowe. From london is emma chandra. From new york and miami. Over the weekend, you had protests continuing in hong kong. However, china is seeing some positive signs the hong kong and Macau Affairs said a consensus has emerged to put an end to violence and chaos. Positive changes are emerging in hong kong, most importantly, putting an end to violence and chaos has well as restoring the order has become the strongest and broodest consensus of the hong kong society. Alix we welcome marlowe ian. Is that true or is that violence a reality . Yeah, i think its a bit of both. The violence over the weekend is certainly something that transfixed the city. You had a huge roadblock that was set on fire throwing molotov cocktails. And monday and tuesday, we had a little bit of comments coming from both the hong kong local government and today from Be
You know, forhe a while stock and bond markets have been focused on three things, trade,r the fed andrate earnings. Today all three issues collided. First, presieant trump rd that the u. S. And china still have a long way to go before the two countries rch a trade deal, and he warned once again that hes ready to slap tariffs on another 325 billion of chinese goods. , seconew report said that retail sales increased more than expected in june, an indication that the consumer is strong. That could change the calculus for the fed and the likelihood of rate cuts this year. Third, earnings reports released so far have shown that Consumer Spending i strong, but business spending is slowing down. New reports like thesean often change a longheld outlook for growth, so we asked Steve Liesman to put together a realtime assessment of the economy. Thats where we start tonight. Reporter well, everyone seems to be expecting the Economic Party to wind down or even end, no one seems to have the told th
Chester hospital has told a jury today she had not harmed any children. Well be outside children. Well be outside Manchester Crown court for the latest the lucy letby latest live from the lucy letby trial. And as he steps down from trial. And as he steps down from his key position at google, the godfather of Artificial Intelligence warns the Technology May not be too clever for us all in the long run. Should we shut up shop on the chat bots . First, though, the latest headlines with. Tamsin latest headlines with. Tamsin mark, thanks very much. Good afternoon from the gb good afternoon from the gb news room. At tztot. Afternoon from the gb news room. At tztot. A afternoon from the gb news room. At 12 01. A nurse afternoon from the gb news room. At 12 01. A nurse accused of muttottng at 12 01. A nurse accused of murdering seven at 12 01. A nurse accused of murdering seven babies and ottompttng murdering seven babies and ottompttng to murdering seven babies and attempting to kill ten othe
A lot of questions, we have answers. Power lunch begins right now welcome to power lunch. Brian talk about the dow has all over the map then rallied up, down up, down up it could be the biggest com decrease back for you dow in more than seven years. The vix top 50 for the First Time Since august of 2015. Right now it struck 36 check out some of the individual movers gm is rallies, lululemon recovering from early losses on news that the ceo is out investors taking a bite our dunkin, as you can see. Tyler . Good afternoon, everybody. We begin, of course with a wild day on wall street bob pisani is watching all the action at the New York Stock Exchange hi, bob. Hello, tyler, we are looking for a bottom we are looking for signs of a selling climb max, some kind of emotional catharsis, we may have had had it at the open the bottom was right there we opened 2593 on the s p 500. Were at 2650. Thats a better than almost 60point move. Thats pretty huge that was the lows at the open. Weve had en