Morgan brennan, jon fortt at post nine of the New York Stock Exchange record highs all around the board. Dow, s p 500, nasdaq, but well begin with news regarding ford forward looks to do apples to apples with tesla. Elon musk tweeting a response, quote, bring it on and calling into question the physics behind musks video of the tesla towing the ford f 150. Is this really where we are . My mom might be watching, i am going to keep it clean, this is a classic measuring contest if ever there was one. Morgan, do you know of any woman watching this tug of war with any kind of great interest mary barra is probably not even watching this. This is classic like testosterone driven man versus man type thing. The nerd truck narrative lives. The truck will be sold to nerds, right . Thats the niche product theyre aiming for i wont call it nerds, but if you look at the numbers, the number two, two top states for electric vehicle registrations, use that as a proxy for tesla, california and new york.
Times. Why would the tories want more of the same when its hardly been a golden age for them . Because, andrew, iam a totally different person, and i have a totally different plan. And i did vote three times for theresa mays deal, and ill tell you exactly why, because i wanted to leave the European Union as quickly as possible. And had we voted to do that, as indeed did borisjohnson and Jacob Rees Mogg and many other people, we would have left the eu by now, and i think we would have been in a better position as a country. A lot of tories look at you and say, we tried you, it didnt work. Trying theresa in trousers isnt going to be any better. Well, i am certainly not that, and i am the person who argued in the cabinet very strongly for a different approach to these negotiations. I didnt think the backstop was the right way forward. I thought we should have negotiated harder, but i was also a loyal foreign secretary, and i think theresa may had a tremendous sense of duty to our country,
Hurricane dora. The governor issuing an Emergency Proclamation urging some areas to evacuate. Two 7eleven clerks in stockton, california, taking matters into their own hands defending their store against a repeat robber. Local media says the clerks should be punished. I believe everything they done was courageous. Winning ticket was sold. The largest Mega Millions jackpots we have ever had. The Mega Millions jackpot soaring to more than 1 billion. Brian who needs Mega Millions when you cash in one ticket for 1. 58 billion. Did i say that right . Steve we are looking at the number. Brian one hitting the jackpot after buying a ticket publix in neptune, florida. Neptune is the same as neptune beach. Ainsley yeah. I guess. Ainsley comes out to 783 million. Steve thank you to publix our favorite store in florida. The winner of the largest prize in u. S. History matching all six numbers drawn last night. And the numbers are you could still have a winner the numbers are 13, 19, 20, 32, 33. Th
The july Producer Price index out at 8 30 a. M. Eastern on the heels of a muted day yesterday. The do nasdaq is down 45, s p lr by 7 and a quarter after the july Consumer Price index showed a higher yearly rate than last month, we brought you the numbers yesterday. Yesterday markets were down by the closing bell. Some on will street say inflation levels could signal no rate hike at the september Federal Reserve meeting but President Biden is pushing for more stimulus, requesting congress approve an additional 40 billion to address what he calls Climate Change and a need for more aid to ukraine and disaster relief. Were talking about it coming up. European markets are in the red, the ft 100 in london currently down 83, the cac quarante in paris down 62, dax lower by 76. And in asia overnight markets finished mostly lower, take a look. Shanghai composite down better than 2 overnight, hang seng in hong kong down about 1 . The one bright spot, japan, was up a fraction. P meanwhile, the dea
Economy. At 9 00, mario draghi speaks to the European Parliament. At 10 00, will get the data for new home sales. Alix we will take you through the top three stories. Xi forever. Also we have a bond bear, bond cold situation. Morgan stanley says by. David to go over it all, we are joined by lisa abramowicz. Xiant to go into thisx forever. The committee announced that it proposed that is limited the president to two terms. This is in vance of a parliament meeting. This is in advance of a parliament meeting. That is growth not that growth of gdp but the rate of growth of gdp. Blue line is the shanghai composite. That is level. He hasnt done to better job. Lisa they love him and he is trying to cement his putin like status. He is in a second fiveyear term. He is in his mid60s. There are a lot of questions. He has a heart attack ahead of him last month a lot of he has a heart attack ahead of them right now. Stocks and bonds in china are rallying because of Political Uncertainty is viewed a