For offering his condolences for the horrible tragedy in parkland, florida. Americans are grateful for the support of our australian friends, and friends they are. As our entire nation grieves, the loss of 17 precious lives and all of the horribly injured, the United States and australia are honoring 100 years of mateship, a term you use very beautifully, mr. Prime minister. A century has passed since americans and brave australians fought together in world war i. Ar partnership has thrived as bulwark of freedom, security, and democracy. Last spring, the Prime Minister and i celebrated the 100 year milestone during an extraordinary evening on the uss intrepid. Some of my friends who are in the room today hello folks. Up,d up, greg, stand anthony. Where is anthony . That was a great evening. You. I am pleased to announce we will name combat ship 30 the uss you. Crews whof australian lost lives serving along the u. S. Navy in world war ii. Chosen theecretary has minister of defense to be
Much. Thank you. Today, i am honored to welcome my friend, Prime Minister turnbull of australia, and mrs. Turnbull. Thank you very much. It is a great honor. We are looking forward to sending our newly nominated ambassador, admiral harry harris, shortly. He is an outstanding man. You will find out hes a great man. I want to thank the Prime Minister for offering his condolences for the horrible tragedy in parkland, florida. Americans are grateful for the support of our australian friends, and friends they are. As our entire nation grieves the loss of 17 precious lives and all of the horribly injured, the United States and australia are honoring 100 years of mateship, a term you use very beautifully, mr. Prime minister. A century has passed since americans and brave australians fought together in world war i. Our partnership has thrived as a bulwark of freedom, security, and democracy. Last spring, the Prime Minister and i celebrated the 100 year milestone during an extraordinary evening
Inc. Portfolio power lunch starts right now and happy friday your money carving out decent gains in the major indexes the dow trying to end the week higher just like the nasdaq is doing. The nasdaq is now more than 5 for the year melissa highlighted general bills and blue buffalo and if you are investor, go home and give your dog a pet tonight because that stock is soaring. It is up almost 17 . Other interesting stocks today, go daddy hitting a new alltime high on pace for its best day since august of 2016 Red Robin Gourmet Burgers rallying and Planet Fitness strong on the earnings and out look now to michelle. You have to work out after you eat a red robin. Thank you. The dow is up more than 200 points and lets get to the Market Action here on the floor. Bob pisani joins me. We are watching to see what happens for the rest of the day. Because were just off the highs. Look at the s p 500. Every day this week there has been i g a gap up and then we move down and close near the end of th
Had been so concerned about just a short time ago, with the s p trading up nearly 1 . And nasdaq is over a percent. Former trump advisor rick gates will appear before a judge any minute now. He is expected to plead guilty to conspiracy and making a false statement in the ongoing russia probe. I want to be very clear here, there is still no mention of collusion. We have more coming up later in the hour. First to blake burman at white house where were about to hear from the president in just a short couple minutes. Hey, blake. Reporter momentarily what we were told. President trump, the australian Prime Minister as well here for a joint press conference. The president saying earlier today that the issues of trade of course, security would come up, this is one of those instances where they are going to get questions from both sides. You know the issues of guns and School Safety will be most likely asked upon the president today. Earlier today he made several comments both in the speech at
1 . The nasdaq, the tech heavy sector is making gains as well, perhaps having it turning positive for the first day in five. It will be interesting to see what happens with the nasdaq. Take a look at what is happening with the utilities. Those are outperforming, up about 2. 3 . Those are usually positively correlated with rates falling today. You are seeing utilities also gain. Lets jump into utilities a little more here. We are focused mostly on pinnacle west, about 4. 4 . They reported earnings today, and midpoint earnings per share of you did beat analyst estimates. They see tax reform as positive and are looking for about 1. 2 42019 and cap ex 2020. Investors are happy about that. We want to look at some of the semiconductors, because the Semiconductor Index is also outperforming here. Up about 1. 4 . Amd, downs are on about 1. 5 , but an analyst came out today and said he likes amd accelerating trends and growth both in pc gaming and cryptocurrencies should benefit the stock. Secu