Officer. And overnight, the president s lawyer sends mixed messages. Did you ask the ukraine to investigate joe biden . No, actually, i didnt. But you did ask ukraine to look into joe biden. Of course i did. Apology tour. What i did was inexcusable and wrong. Canadas Prime Minister issues more apologies after new images and video of him in blackface emerge. I didnt understand how hurtful this is to people who live with discrimination every single day. He says he cant be sure more photos wont surface. Could the scandal cost him his job. All of that plus nbc news exclusive, savannah sits down with the Jeffrey Epstein accuser who says she was also assaulted by Prince Andrew. I couldnt believe it. I couldnt believe that even royalty were involved. Her First Television interview as other accusers share their stories. Missing birds mystery, 3 billion vanishing from north america over the last half century. This morning, the search for answers. And the rookie roar. Minshew wide open for the t
Looking to end the week on a high note as they shrug off this mornings slightly hotter than expected inflation report. The dow gaining 220 point, the s p 500 up close to 61, and the nasdaq surging ahead 330 right now. Its heading for its best day since february. Its really boosted in particular by big tech earnings. Is alphabet, lets take a look at that. Shares are catapulting to a record high, up almost 10 right now. That comes after posting sales and profit beat. The tech giant surpassing a 2 trillion market cap. This is the first time ever, and its seeing an intraday gain of more than 200 billion. So if that holds, it would be the second largest oneday market cap gain on record for a u. S. Company. Now, alphabet also announced its first ever dividend. Safe to say investors, they are very impressed. Another good one, microsoft. That is attracting the bulls after topping estimates. Its up 2. 5 right now. It all boils down to two letters, a a, i, right . Thats what it always is. The co
Stocks have added to gains since all of that news started to come out. People asking whether fridays low was the bottom joe, what do you think is it going to hold . I cannot give you the answer to that thars a good thing secondarily, the fact this is just an equity correction and not a portfolio correction doesnt present the risk to global synchronized growth thats very important. Is the worst over yes yes. That doesnt mean that we dont test it. What we see when we see a big spike is significant spike like this one we shorten the time frame because of the speed i dont think we go back there ill be surprised if we can push back into the low 30s because were not just with moves like today. Youre 1. 4 . Youre not in the 30 volatility range. In other words, i think a lot of folks that needed to get protection grabbed it last week. Some at really bad prices. Some hopefully kept their hands in their pockets and didnt make the bad decision youre a buyer of stocks and a number of different one
Those shares have been so volatile in the last several weeks. European equities, meantime, on news of this greek arrangement there, you do have red arrows mostly across the board, and perhaps not surprisingly, greece is the one thats getting the lift by 2. 25 . U. S. Equity futures at this hour . Well, after yesterdays big day breaking that sevenday losing streak, the dow would open lower by nearly 125 points. Here are the big stories were watching today. Greece and its lenders agreeing on bailout terms. A Greek Finance Ministry official tells cnbc there are still some minor details, but they wont affect the completion of the deal. The European Commission expected to comment on the deal at its midday briefing. On todays economic agenda, a few data points of of note for this datadriven fed. At 8 30 eastern, a first read on secondquarter productivity and costs, and then at 10 00, wholesale trade. As for earnings central, the consumer front and center this week. Among the Companies Set to
Our own tenyear back to 220 we begin with riding the record run on wall street futures point to moderately lower open plus, dinner and a deal or no deal conflicting reports on an immigration agreement after President Trump dines with Democratic Leaders schumer and pelosi. Equifax blaming vulnerable web data, down 30 in the past week after another recordsetting day for stocks, the dow is on track for best Weekly Performance as we have two more sessions together again. Were kind of running out of catalysts. I got up and said, lets check the research its like, wow, okay, i see theres a note out about Tenet Health Care and whether thats going to be able to get anybody to buy it. And then i see a couple of notes about a couple of obscure companies that are too small to talk about emerson having good orders im saying, wow, im going to have some of your granola. That, theres a little sell side maybe theres something on coors out of jeffries, a lot of microcorporate incremental news. What i wa