And tiffany mcgee. A were glad to have you on the Halftime Report once again as you can see, on that little bugs the bottom right of the screen look at that the bigger screen for you. The nasdaq s p and look at the nasdaq, up another 1. 2 . The s p, by the way, is on pace trying for its fifth straight positive day you might have heard this. Big tech nom has been leading the way. Hard to believe but true by the way, that sector hitting alltime highs yet again today raids also in focus, by the way, investors awaiting fed chair jay powells big speech tomorrow at the virtual jackson hole event so, joe, theres a lot to get to there anything that you see, before we get micro, on a macro basis, that leads you believe this market is getting too hot, and has to come down at some point, or can we literally go up every single day the answer to that is the market has been too hot for the better part of the last 8 to 12 weeks. The expectation for the month of august is we were coming into a calenda
And the u. S. Keep talking trade, we dont know when this thing ends or how much further it goes. Sit back and enjoy the ride, today is august 25, the dow of 378, yesterday up another 150th opening bell today, the s p record high close up some more this morning. The nasdaq looks like its going to be down a few points. Were going to show you apple, premarket trading worth 2. 15 trillion and there is speculation that there is iphone production to mexico, more of that in a moment. At the convention the republicans attacked the biden harris ticket as a looming disaster. Dynamic speeches from tim scott and nikki haley and the president as surprise appearance and a vocal audience preview will see it. Day two, melania speaks tonight, rand paul, eric and tiffany trump, you will see that too. I gotta say this, our heart goes out to louisiana, mississippi, texas and neighboring states. Marco faded but here comes laura. Landfall probably tomorrow, could be a cat two or three storm the people of ga
Surveillance. Im Francine Lacqua. The markets has been trading volumes because it is august and a lot of people are still off or trading less than in the past. This is what we are looking at. If you look at the european stoxx 600. They are trading sideways. Is. Futures and gold bouncing back. The trumpet administration stoked tensions with beijing by imposing new restrictions on mayei technology which be giving some of a breather. Advancing and gold climbing back above 2000 an ounce. Lets get the latest. The race to acquire tiktok is ramping up after President Trump signed an executive order on friday forcing bytedance to sell its business within 90 days. Oracle is said to be considering a bid. Its entry could challenge microsofts bargaining position. For more on this, thats get to alex webb. Thank you for joining us. When you look at this race, is it oracle and someone elsem and microsoft, or is it just going to be the two . Alex it seems as though oracle firms,roached some other Vent
An epic run up 400 this year. We will explain how the retail trader is driving the stock. Plus, big tech, big deals, toppagist tells us that companies amazon, facebook and alphabet should be buying up right now. Consolidation. Power lunch starts right now welcome to jim maybe well get to say hi later on its a record week on wall street which marks the end of the coronavirus bear market. Its coming to a close here. Bob is watching some key numbers for us bob. Its been a record week we had good numbers today. Our manufacturing and services is keeping us positive just want to show you some new highs. A lot of stuff involved in tech. Internet, anything having to do with the internet. Fdn is the new one the hold building, that itb had been on fire eight straight weeks of gains. U. S. Home sales hit a record pace today we saw home prices also move up as well. Look at some of these new high list is fairly thin but a lot is building related horton, pulte, lumber liquid daters these are all at
On fox business. He will be talking about the jobs numbers, about the stimulus plan, if we will get one or if the president will have to pull the levers himself without congress. 30 minutes from now, larry kudlow. Well also ask about President Trump issuing those executive orders banning u. S. Transactions with wechat and tiktok. Shares of tencent, lets see, tencent is down about 6 right now. Well see how things are going. Futures, by the way, are down about 73 points. They had bumped up into the green from triple digit losses earlier when we got the jobs report, but they have settled down a little lower. Again, a lot less than it was earlier this morning, before the jobs number came out. As President Trump threatens executive actions to get another round of stimulus as democrats are stonewalling any compromise. We are also going to be weighing in on the market trade worries as the president signs a new executive order reimposing 10 aluminum tariffs on canada and that crackdown on Chin