Central, 202 7488000. Mountain and pacific, 202 7488001. You can text us. That line is 202 7488003. Are cspanwj. Post, as caseson near 5 million, trump digs in on schools reopening. They write the administration is sticking by its view that schools must reopen on time and , as mississippis conservative governor reversed course to delay school and make students all wear masks. The yuan chief warned that the world faces a generational catastrophe because of School Closures. Urgedideo message, he countries to suppress the virus sufficiently to allow schools to reopen, calling the pandemic the largest disruption to education ever. A policy brief alongside this containing the virus the most significant step governments can take toward grouping schools. We are learning a lot from governors about state plans and what localities in those states might do. The governor of texas, greg abbott, held a news conference. The Texas Tribune reports that local School Officials know best whether they shou
David it has been up and down even though we had the amazing quarter we just ended. As we go into the second half of the year, you say that maybe perhaps some tea leaves that indicate there may be a shoe to drop. Why is that . Abigail i look at a lot of charts each day and there is just nuances in some of these charts that suggest that some investors are preparing for the possibility of some sort of even shock, an event that most are not anticipating. This is very unlikely. One thing to really keep in mind is the dollar index. There is a lot of indication that the dollar is going to continue declining. The dollar is higher by more than 2 and you have the s p 500 down by equal amounts. This is the real driver for stocks. Drop, as the does economy improves. More so on fed liquidity, that puts pressure on the dollar, you are likely to see stocks and other risk assets go higher. If the dollar rises and there are technical reasons to think you can see the dollar index go sharply higher, tha
Are back down. Yuan a little stronger. Lets get a deeper dive into the Market Action of the day with kailey leinz. Kailey we are in the green by 1 on the major averages. For is the fourth up day the s p this week. Up 4. 6 over the course of the week, the best week for the index in a month. That is in the face of escalating virus cases climbing across the u. S. Those headlines not putting a day per on appetite. One reason why is that the Economic Data is starting to look better. We saw that reflected in a jobs report. 4. 8 million jobs added in june. The u. S. Is far outpacing europe and the rest of the world, although those economic surprises are trending in the upper direction as well. The question becomes do that resurgence is in cases pose a risk . I want to point out a few stocks on the move today related to cars. Is higher by ebits 17 today, after getting an upgrade. Sales have been much more resilient than forecast. About better used car sales lifting a number of auto body shops
On this just moments ago. Listen here. And the president has said he wished he didnt call this the Inflation Reduction Act. What should you call it . Well, he said following that sentiment because i think its a complicated bill that it also has reduced costs and i think its very important to note that both on healthcare and as i noted on the energy side we have already seen costs coming down. John are they . I mean, gas is nearly four bucks a gallon again. Gillian home prices are up. John are americans really feeling any relief as john suggests they are . Im john roberts. Good to spend another hour with you. Gillian you as well, john. Gillian turner in for sandra. Trying to narrow Donald Trumps polling lead. John only one clear frontrunner and that is the former president. Florida Governor Ron Desantis and tim scott are the two main contenders for the top spot. Gillian the majority of Republican Voters agree trump is in the best position to beat trump in the general, 28 are arguing for
this is cnn breaking news. two prominent members of the oath keepers are being sentenced for their actions on the attack on the u.s. capitol on january 6th of 2021. the judge saying the actions of stewart rhodes, the founder and leader of the far right group oath keepers amounted to domestic terrorism, that he is going to be sentenced to 18 years in prison. kelly meggs also being sentenced. we have cnn crime and justice reporter katelyn polantz joining us. this just broke. tell us the very latest. reporter: right, so the judge has just delivered the sentence to stewart rhodes. he will be spending 18 years in federal prison for the crimes he committed up and until january 6th as he gathered oath keepers to washington, d.c. and they went inside the capitol, when he was leading the organization and wanting to essentially foment violence in the united states because of the transfer of power from donald trump to joe biden. the judge is just finishing his speech to rhodes and d