With a new show on cnbc, highlighting Small Businesses and the people behind them across the country power lunch starts right now welcome to power lunch. Im john fortt take a look at whats driving the Market Health care stocks the biggest laggards while industrials and financials lead the way. Check out the bank names all higher tesla, the big winner. At the highs of the session, helping to turn the nasdaq almost positive, close to break even midday. Morgan stanley final upgrading the stock to a buy after a 500 gain this year lets get to bob pisani for more on these markets bob, you got me . Maybe not. Kelly, do you see what is happening with these markets i mean, were showing the sector snapshot here. Weve got s p retail is higher ahead of a Holiday Season we expect to be really strong for ecommerce and weve seen strong results this week from walmart and target yes, we do. By the way, i want to point out well, i want to point out that the dow turned negative only in the past hour or s
Whats behind the searching price of the digital coins . And is the crypt type code . Is the industry it cant come by . The person slipped into a session late last year. Many people as businesses struggling with a high cost of living, the concept of policy is bustling for its electrical future against a bleak economic backdrop. The Spring Budget of 2024 was seen as an opportunity for tom said jeremy hunt to offer the dates of some sweetness, consecutive governments as training labor in the pose, but is a 2nd tax caught in full months enough to shift the political dial. Well. Well get to that with a guest and just a moment. First, this report from harry force it in london. The britons government. Conservatives trading by double digits in the polls. This months budget needed to be a Momentum Shift to a vote to get to from a to the 6 employee. National insurance will be cost by another to be from 10 percent to a headline measure was a Costume National insurance contributions estimated to s
Dollars in loans, important investments. Will they help sure, the economy and bit points as well, and whats behind the searching price of the digital coins . And is the crypto code is the industry it cant come by. The person slipped into a session late last year. Many people and businesses struggling with a high cost of living, the concept of policy is bustling for its electrical future against a bleak economic backdrop. The Spring Budget of 2024 was seen as an opportunity for toms to jeremy hunt to offer the dates of some sweetness, concepts of government as training labor in the polls. But is a 2nd tax caught in full months enough to shift the political dial. But well get to that without guessing just a moment. First, this report from harry fulton, london to britains governing conservatives trading by double digits in the poles. This months budget needed to be a Momentum Shift to a vote to get to from a to the 6 employee. National insurance will be caused by another to be from 10 per
Dow adding 77 points. People waiting on the feds decision. Earnings today facebook, northrop grumman. A lot of earnings. Olivia all eyes on 2 00 p. M. Yesterday, the s p posted its biggest gain in two weeks. Lets show you whats happening the fedollar ahead of statement. Nothing, essentially pure little changed. 96. 78. Dex euro above 1. 10. A surprise in the Housing Market last month. Pending home sales fell by 1. 8 for june. First drop this year. Economists forecasted sales will rise. The Housing Market is not going as many expected due to tighter lending standards and a limited selection of properties. Lloyd blankfein is bullish on u. S. Markets. Thelopment sachs Ceo Goldman Sachs ceo took part in an interview with Mike Bloomberg. He was asked why he was optimistic. Consumers have to leveraged, banks have de leveraged. Housing prices are starting to stabilize and move higher. Were in for a long, positive market. Olivia glenn fine says the u. S. Lloyd blankfein says the u. S. Will get
12news at 10 00 starts right now. Good evening everybody. More clown scares. This time, a site is calling for a clown purge tonight. Well. Again, tonight, some Goodwill Stores are pulling down costumes from store shelves and the clown lives matter group canceling its tucson march that was scheduled for this weekend threats. So what is this clown craze all about . And is there any end in sight . Team 12s ryan cody is on the road trying to get answers for us. Reporter isnt there enough to worry about these days without being scared of the park . And clowns . You are always scared of what you dont understand. If you see a random clown, that everyday. Reporter seems like we are, though, but why . And why are they all over twitter . It is how sensitive we are to everything. Is a chance to scare people. It is very tense out there. Theres people who have been threatened. Reporter julie, aka lovely buttons is a nice clown. Been that way for 24 years. Right now, it is not good. Its sad. Its ver