Modest moves in the stock market. Orthis month has been big investors. In fact, it could be one of the very best for longtime. Optimism has been improving but toomy there was caution ahead of the trade talks between the u. S. And china which are set to take place later this week at the g20 summit in pan. Today the Dow Jones Industrial rose to 26,727. Nasdaq was down 26. 5. E s p was down today despite these small moves, recent rallies have sent the major indexes close to new highs. But does this months move higher have staying power . Mike santoli takes a look. Reporter this tripo a fresh record is perhaps the most confusing in terms of how it happened and what comes nexnd its come with treasury yields anchored near 30 month lows, recession fears slowing and manufacturing stalling. The rallyas been driven by defensive stock sectors such as utilitieas and gold broken st to a multiyear high. Investortiment has been quite cautious. Purely based on the historic probability, the market at a
Safely. We are learning more tonight about the 11 people who were killed friday night when a skydiving plane crashed and burned in hawaii. It went down shortly after takeoff on the island of oahu. Jonathan vigliotti is there. Reporter those who saw the skydiving plane plummet to the ground looked on in horror. All 11 onboard were killed. I saw it hit. I was right there, man. I was right there. Reporter Carlos Zapato drove denver tourists brian and Ashley Weikel to the doomed flight. They were celebrating their oneyear wedding anniversary. If you knew them for five minutes or five years, they touched your life. You couldnt ask for any two better people in your life. Reporter the ntsb have their work cut out for them. The impact of the crash and the massive fire that happened afterwards reducing this aircraft to just charred and mangled pieces. Witnesses say just after takeoff, the plane reached only about 100 feet, spun twice, and clipped trees before hitting the ground nose first. The
Also on the programme. Taking on trump 25 Democratic Candidates are in the race. We hear from them in South Carolina before they debate head to head in florida. The womens world cup is into the knockout round it was a nail bitter for hosts france and the same today for the us team. Hello and welcome im jane obrien in washington and Christian Fraser is in london. Theres no let up of pressure on iran as President Trump signs an executive order preventing access to billions of dollars of assets and imposing sanctions on the Supreme Leader himself and other officials. After reversing course on military strikes at the last minute mr trump is making it clear his maximum pressure strategy will continue despite escalating tensions. Iranian leaders say the Trump Administration is waging Economic Warfare on their nation, and some analysts say the sanctions, which have been done with no substantial diplomatic outreach, strengthen the hand of hard liners in tehran who are arguing for retaliatory m
New bull run as we get ready for the second half of 2019 . The Halftime Report with scott wapner begins right now. Welcome good to have you with us this monday joe terranova, scott brown, sarat, shannon here. Dow closing in on a new record again. New pace for its best month since october of 2015. Its been a great month. Were going to roll into the second half with pretty good momentum whats going to decide whether we can keep it or not . Well, i think the prevailing trends will remain intact. Take a look at microsoft and walmart. These stocks continue to roll up anyone thats been betting against them have been out for a long time. A lot of people are coming to those stories new. Its shocking how big those market caps are for the respective sectors but you till have people coming to these sectors saying i missed a lot but i still feel theres upside i think that continues the two best looking sectors believe it or not right now away from tech continue to be Consumer Staples xlp. And agai
Isterms of how the president able to use his authority and military force. Crippling. Said it is is it crippling on the ayatollah himself . I do not think of him is getting his American Express card out. Is this more symbolic . Evin a little bit of both this is where gets interesting. The u. S. Has already sanctioned virtually every sector of iran. There are not that many additional sectors or even individuals for the administration to target. On one hand, this is very much symbolic. Alsoe other hand, it is maybe even a sanction of last resort. David Michael Mckee is here with us. We have seen sanctions of all sort from this administration and other administrations. What is different about this one . It does strike me as different. Michael only that is the head of government. We have sanctioned about a thousand different entities in iran since this began, including individuals, companies, even ships and aircraft. They have stopped the flow of oil from iran. As kevin says, theres not mu