Hill. Where should your portfolio be positioned . Meantime commodities remain on fire. So what is the message for business, the economy and inflation. Weve got all the angles covered. Shares of kodak, yes, kodak, tripling after signing a deal with the federal government. Wait until you hear what its for. Consumer expectations plunge as more americans lose faith in the recovery. Big concerns whether washington comes through with more federal help. I will ask guy reschenthaler from pennsylvania if they will do just that. That and much more on making money. Charles so stocks sort ever sputtering today, right . But we did get a slew of earnings reports. The message to me, it is pretty clear for investors. Companies are profiting off the coronavirus lifestyle changes. That is one trend really working. D. R. Horton, sherwinwilliams, polaris soaring after they reported results surpassing wall street expectations. It is thanks to overwhelming amount of people looking at home, redecorating, pai
There was an endeavor to get to the city yesterday but we were landlocked yesterday, drove into the city under the trees. It was a little scarey we are back and it is nice to be here it feels like home good to have you back, andrew this is the situation that we probably havent given focus it deserves still millions without power 1. 4 million in new jersey without power. I know connecticut was hit worse. That storm even though a tropical storm, not a hurricane, stronger than anticipated. The wind event and damage significant. I appreciate it still trying to dig out from that today a lot of people that will be without power for days starting with the markets this morning. The nasdaq on another record six straight games it closed just below 11,000. Just north of 10,998 youll see this morning, us equity futures are not pushing above the 11,000 mark just yet six days in a row weve seen gains. This morning, indicated down by 20 points. The fourth day of gains for both the s p 500 and the dow
Then another lock down it will not cut its schedule branding the decision regrettable. The low cost airline posts a smaller than expected loss for the First Quarter. Acquisition, sap shares jump after the German Software giant said it will float qualtrics just a few years after buying it for 8 billion republican lawmakers reach a deal in the next relief bill in a move that will handout payments as well as commit to 70 wage replacement helping to push u. S. Futures higher in early trade. A very warm welcome to street signs we closed out with the flash pmi for july which showed the recovery across europe and now we have the data coming through. The german business index. The german business morale rises in july. Thats the headline. The Business Climate index came in at 90. 5 that was ahead of forecasts. Economists were looking for 89. 3 thats 90. 5. The current condition index, that came in at 84. 5 in july that was a touch below expectation. The current index slightly below but the Busi
We have two huge interviews this hour first stephen ross of related company is a Real Estate Firm of 60 billion in properties. Hell tell us why he thinks Corporate America is entering into a cost cutting spiral thats what hes doing and hes seeing it elsewhere. Power lunch starts right now welcome opini lets take a quick check on the markets. The dough is up. The s p 500 is within striking distance of an all time high amazon and netflix all flat before the session financials and Energy Stocks both up more than 2 right now as that reopening rally seems to be broadening out. Tyler. Thaunk you very much the other group out performing today is boeing and the airlines boeing, united airlines, american, jet blue, southwest all jumping higher as the reopening rally gains steam. Phil has more on the moves in those sectors. High, phil its all about optimism its not looking at the near term which is ugly and how ugly is it. Take a look at the july order and delivery numbers from boeing this is no
Next, florida senator mark arri u. S. China relations and the coronavirus pandemic. This was hosted by the Hoover Institution. Good afternoon im a fellow at the hve wel conversations. The Hoover Institution one of the centers dedicated to producing pols iisaffirm economic prosperity, National Security governance. Detail a bit about our capital conversations series this is a time when hoover feels like they get to talk also some of our nations leading policymakers. Today were fortunate to have with us senator marcoo talk aboutmericas future after19. As part of a discussion will be taking audience questions from you so encourage you to submit your question at the q a button located at the bottom of your screen. Without lets get started. Senator rubio as all of you know is the trade center from florida. Number of committee assignments, committee on aging he is carly chairing the committee on intelligence as was the committee on Small Business and not of a new ship. Hes been a leading voic