The nasdaq on track for a 5th week worth of gains here and the dow is erasing its losses for all the year at its highest level since late february, its also having its bests august since 1984. We turn to the Investment Committee for this we have just been seeing green, green, green for it seems like weeks, if not nonts months at this point it is surprising the markets have marched higher the way they have over the last several months since the pandemic lows its not all surprising all the factors were looking at from the fiscal side, the monetary side and the virus side are lining up in support of equity just think about what happened with chair powell yesterday and the historic announcement he made about departure from the prior inflation targeting regimes to this averaging inflation concept. What does that mean . That means rate will be low, low, low for the foreseeable future we think thats two years from now. That is very support ifr five f valuations then you have this fiscal stimu
You have under armour coming in down by 1 . Founder is actually stepping aside as head of the company. Started in his grandmothers basement. Willnder armour president become the chief executive officer on january 1. Theres a huge restructuring that planck has been under over the last few years and this is really a change in strategy. Looking for distribution and longterm growth strategy. Kevin plank stepping aside after 23 years at the helm. Procter gamble beating and raising. Ups also coming in a little bit stronger here. Its earnings view as well. Crushes it on earnings and revenue. Solid numbers. Ly we were worried everything was going to be terrible. Bloombergo will be on balance of power. Time for Global Exchange where we bring you todays market moving news from all over the from london to zurich, toronto and new york. We want to kick it off in london where Orest Johnson will find out this evening whether he has any chance of getting his deal through parliament. Juncker told the E
Democratic senator Tammy Duckworth spoke from the floor about her personal experiences having children through in vitro fertilization and asked unanimous consent for the senate to pass her bill to protect access to other assisted Reproductive Technology services nationwide. Mississippi republican senators objected to the request to saying the bill went too far beyond and ensuring legal access. Other Democratic Senators also weighed in on the topic. Ive been called a lot of names in my life. Tammy, lieutenant colonel, senators and a couple of others i shouldnt mention. Mommy though is without a doubt my favorite name. Its the one my 5yearold uses when she runs into the house and pulls on my sleeve to show me what she learned during her lesson. Its the one my 9yearold says when she announces her plan when she was little she wanted to grow up to be a garbage collector and now shes leaning towards an armytl cyber warrior. They wouldnt have been bored if i didnt have the rights to access th
Stretching from wichita down towards san angelo, texas, the particularly dangerous situation is the one that is for the north sliver of texas and includes much of oklahoma, including oklahoma city, and then goes up into wichita until 11 00 central time this evening, again, labeled that particularly dangerous situation for the possibility of violent long tornadoes that would be ef2 and strength or greater. We already have found a couple of Tornado Warnings that have been issued for the northern part of texas here as these storms start to respond to the daytime heat and fire up, we also have a batch of storms that have been on the decaying trend and a severe thunderstorm. Watch him parts of georgia. This is the threat. You can see that red bulls eye goes from Wichita Falls up towards wichita and then into springfield, missouri were intense tornadoes, baseballsized hail, and those damaging wind gusts or possible, and again, its that fear for the very strong tornadoes, some of the ones tha
And on the ground in tehran tonight is mourners flocked to the president s funeral and a top official reveals what happened on that president s helicopter that someone had survived for hours. Its go out front and good evening. Im Erin Burnett Outfront tonight. The Breaking News trump claims Deadly Force Authorized the quotes. The former president and his allies absurdly accusing President Biden of trying to assassinate trump. But moments ago, trumps team sent out this newsletter, just got came into my email. They call it the palm beach playbook, but it comes from donald j. Trump. Com. The very first line under top news, falsely claims that deadly force was authorized against trump bring an fbi rate at maralago that you know, the intent of that being possible assassination, the newsletter coming just an hour after trump gave this Radio Interview newly released Court Filings showed that the fbi was authorized to use deadly force if needed during the rate of your private home in august 20