Would it be a mistake right now . And we do expect big news from tesla during power lunch. It could move the stock. Mandy is off today but were happy to have melissa lee join us from the nasdaq. Well get down to her in just a moment. We begin with the big story on the American Housing market. Some really bullish new data but how bullish are they really . Diana olick in washington with the startling numbers. Di . Reporter well, tyler, its bullish depending on your take. Home construction took a big leap in june up nearly 10 from may but it was all driven by the multifamily apartment side. Renter nation rocks on. Singlefamily Housing Starts were down just under 1 in june from may, up 10 from a year ago but thats not really saying much given where we were a year ago. Multifamily is where the party is at. Starts up nearly 29 for the month, up 55 from a year ago. Thats where the good news is because weve been talking so much about skyhigh rents. More supply should help to ease that burden f
The big loser yesterday has come roaring back today. We are looking at gains after a bit of a pullback yesterday. The nasdaq up nearly half a percent. Putting in a new alltime high. It does follow the more than 1 drop yesterday. The russell 2000 still about 1 below its record high. There are some strategists who think the russell 2000 shopping is could be a precursor for a nearterm pullback for the major averages including Katie Stockton of btig. We could see a nearterm pullback for the major averages. Would refreshs it a potential year and rally. Lets take a look at the small cap underperformance. Its a one year chart of the russell 2000 to the s p 500. Overall not doing much over the last six months. That going into september. Big smallcap outperformance. Lots of these companies are very u. S. Based. Very sensitive to the tax policy. Over the month of october really underperforming. This could be a tell on whats ahead for the s p 500 and the dow. Take a look at some tech stocks perfo
Injured several others. Senator graham was chairing a meeting of the crime and terrorism subcommittee of the Senate Judiciary committee on extremist content and russian disinformation online. Representatives from twitter, facebook, and google appeared as part of the Ongoing Investigation into russian interference in the last president ial election. The hearing lasted about three hours. And we are going to show you some of that now. Starting with Opening Statements from earlier today. Thank you all. The subcommittee will come to order. Heres sort of the order of battle. Ill make an opening statement, senator whitehouse, i think senator feinstein would like to make one, and if senator grassley come, he will certainly be allowed to do this. The title of this hearing is extremist content and russian disinformation online, working with tech to find solutions. Thats exactly what we want to do. So were here to try to find solutions. Let me describe, i think, the challenge. I doubt if i would
Papadopoulos r. Guilty plea yeand the indictments that came down yesterday is serious stuff as it relates to collusion. [captioning performed by the national captioning institute, which is responsible for its caption content and accuracy. Visit ncicap. Org] [captions Copyright National cable satellite corp. 2017] we are live on capitol hill this afternoon as congressional committees are holding three hearings today and tomorrow. Looking at russian influence on the 2016 president ial election. This is the first hearing that were about to show you. This is the Senate Judiciary committee here on cspan. Officials from twitter, facebook and google will be explaining how russian organizations purchased ads and they spread fake news. Mr. Graham thank you all. The subcommittee will come to order. Heres sort of the order of battle today. Ill make an opening statement. Senator whitehouse, senator feinstein would like it make one. I think senator grassley comes, hell certainly be allowed to do so
Mr. Graham thank you all. The subcommittee will come to order. Heres sort of the order of today. Ill make an opening statement. Senator whitehouse, senator feinstein would like it make one. I think senator grassley comes, hell certainly be allowed to do so. The title of this hearing is extremist content and russian disinformation online, working with tech to find solutions. Thats exactly what we want to do. Were here to try to find solutions. Let me describe, i think, the challenge. I doubt if i would be here if it werent for social media, to be honest with you, President Trump told fox news on october 20, 2017. So this is the president of the United States saying that from his point of view, social media was an invaluable tool to help him win an election. I would dare say that every politician up here today asking you questions uses your service and we find it invaluable to communicate with our constituents and get our message out. Not only do we use it, not only does the president us