Here to discuss all that is adam parker, Research Founder and ceo, and a cnbc contributor. Adam, there were all kinds of reasons it made sense to anticipate a little bit of chop coming into august seasonals, sentiment, technicals, valuation, arguably, yields are doing what theyre doing, but Corporate America has kind of shown its hand on earnings for the most part this earnings season. Better than anticipated. The consensus is holding up on a forward basis. Where does that leave you in terms of whether, in fact, you know, the market can skate without much more of a correction i mean, if youre reacting week over week or, say, over the last month, i dont think the data make you more negative. No. I think if you were starting july 1, saying, im 50 , were up ten, down ten, im like 60 40 up now because i think the Big Companies delivered pretty Solid Earnings reports their earnings are up pretty much for all of them, google, amazon, meta nvidias numbers are up. They didnt even report yet. S
100. Yields lower. We will talk to anne walsh about the biggest missed price in the market right now. Can it compete with the european heavyweights . From new york, im alix steel with my cohost johnson. The Market Reaction and of itself is not a reaction, cpi data. The question is how that disinflation trajectory moves from here . Alix that is the key question guy that is the key question. Some believe it could stabilize from here. The market still has cuts priced in early on the exterior. May, the first price cut. Is that the reality of the situation or will the fed look at the risk of inflation reaccelerating and say we want to keep the policy of higher rates for longer . That is the question the market has to grapple with. The claims number is interesting as well. What is happening in the labor market is critical for all of this, but how much more news will begin on inflation, the core question that the market still doesnt have an answer to. Alix equities were telling the right stor
Fivemonth wing strning streak o far. Its the busiest week of earnings season with more than 160 s p 500 constituents reporting. Merck, pfizer, uber, jetblue, marriott, caterpillar. Weve got a lot of different earnings reports to get to this morning. I mentioned caterpillar. It did top estimates also lower sales and potentially tighter margins in the Third Quarter. The companys ceo will join us later. That is just the bearish they had a great number. Well talk about the fact that they dont even have enough product. The bears like to get to it very early. This is routine. They did it before they took the stock down from 230 all the way down to 206. Jim, what we spoke listen, the bears didnt know what they were doing then the stock went straight up to 265 im absolutely happy to deal right at the front. 2 top line revenue growth, 22 . Thats called good. I didnt mean to get right into im not disputing its good it is good the only question is whether or not the stock has already accounted fo
Administration, the u. S. Government regards britain as a likeminded partner. They are trying to ensure that the European Union maintains a transatlantic outlook in the open and free trading world to the world, so the diminution voice of britain in the European Union is going to be upset to the people of the u. S. And now, whether putin in russia would be celebrating this by the british people, and he said that he suspected that the kremlin would be calculating and less likely to maintain the robust sanctions against russia, and he was essentially explaining the point of view, because the u. S. , and the uk share the similar view s ts on foreign policy, it is important for the u. S. That the uk projects that view across europe and the geopolitical stage will be alter and something that we will have to the watch as the things develop. It is interesting as we caught up with Philip Hammond and moments before Prime Minister David Cameron announced the resignation, and Philip Hammond is one
[ male announcer time and sales data. Splitsend stats. [ indistinct shouting ] its so close to the options floor. [ indistinct shouting, bell dinging ]. Youllust your brain box. All onhinkorswim from td ameritrade. Liz countdown to the countdown. Rebuilding america. The president wants to fix bridges, roads, and power grids. The company the president tips his hat to, siemens usa at the heart of the infrastructure. Ceo and president talking to us exclusively about the repair work and what it means for jobs in this country. Plus, making money in Real Estate Investment trust without any of the exposure to the gyrations of the stock market. A ceo who runs one of the top private funds in the u. S. It is a fox business exclusive. And will today be the day . Will the dow take at its alltime high countdown to the closing bell begins right now. Liz looks like we might get there, but hi, everybody. Im liz claman. The last hour of trading. Selling started to pick up. Stocks are trading near sessi