And take a look at where we stand in the markets now we are at session highs. Dow and s p, nasdaq, all rallying the dow is up by 1. 4 . So is the s p 500 and nasdaq is up by 1. 7 major averages are on track for their best week since the beginning of june. Check out some retail that i means hitting record highs home depot and target lets get to bob pisani for more on whats driving stocks higher look whats going on here this week, the sectors most beaten up in august, theyve all rallied. Cyclical semiconductor, retail, industrial theyve all rally ied this week. The more defensive groups, the ones that have been stronger all throughout the month of august, the Consumer Staples and the ewe tillties and gold stock ises, theyre all underperform iing ts week so what is this were seeing here is this an oversold rally in these sicyclicals . Month end rebalancing . More optimism on trade talks maybe all of them. The problem is theres not a lot of confidence in the rally because of the uncertaint
Themselves for others, including the mother of three shielding her 2monthold. Now the suspected shooter in custody. This as we hear from some of these heroes who raced in running toward the gunfire, risking their lives to save others. And in ohio, chaos in downtown dayton. We got shots fired. We got multiple people down. Were going to need multiple medics. A gunman killing nine people, including his sister, and injuring more than two dozen. The dramatic surveillance images showing people running for their lives and police on the scene taking out the shooter in just 30 seconds, saving countless lives with their quick action. Overnight the powerful vigils and the calls for action. President trump set to address the nation this morning, facing questions about how his rhetoric is fueling the violence. Now some lawmakers calling for bold measures, demanding congress be called back to washington to act right now. Will this time be different . And what you can do to help. Our special edition
Is feeling relieved this morning. The navy s. E. A. L. Has been aquit of multiple war crimes they look like yeah, freedom. Gallagher was charged with the 2017 murder of a prisoner in iraq a military jury found him not guilty on all but one count. Nbcs Steve Patterson has this report reporter vindication for a navy s. E. A. L tears of joy. Absolute joy. Emotion absolute euphoria. Reporter the jury acquitting chief Edward Gallagher of six of the seven charges against him including premeditated murder. Huge victory. Huge weight off the gallaghers reporter but finding him guilty for code of military justice ba humy the decorated s. E. A. L. Was charged with an array of war crimes stemming from a 2017 tour of duty in iraq. The most serious, shooting an unarmed citizens and the murder of an unarmed isis detainee. Over the twoweek trial prosecutors called members of gallaghers own field team who described a man unhinged, testifying they saw him stab the young fighter. Gallaghers defense team
This victim shot outside fuel bre will protect 30 east timeworks in front of the bay communities. And im glad to hear that the stores owner. I watched like six, eight people shout, and then they were Fire Department is being proactive about it and not running like right in front of waiting until it catches fire on my store until one of them jumped in the air sort of screaming and dropped right here its own. Reporter and again, the work to clear out fuel is here in the and he was shot in the stomach. The next thing it was like bunch Wildcat Canyon area and along a of police and s. W. A. T. With 14mile stretch up here where machine guns running all over orinda and merkley meet. Because it was a fluid that work begins next week. Situation. We also checked with fire it was a live shooter. Departments throughout the east art stein ducked down inside bay, oakland, contra costa the store. County, Alameda County, they mostly i was thinking whether will off have extra crews out its a terrorist
President trump commenting on negotiations yesterday at the white house. They are also meeting, it actually be done before our meeting, i think we have a good chance of making a deal. I think they want to make a deal, they are losing, Many Companies are leaving because of tariffs, they dont want to pay tariffs. Dagen european trade going down on a different path, 4 billion in trade value, pasta, cheese, whiskey, metals and chemicals. Fixed Income Portfolio jack mcintyre, good to see you as always, what to make you look at fixed income, you look at the bond market, 10year close to 2 but the s p at new alltime high, who is right, because the fixed income market treasuries say slow do you know slowdown ahead . Believe it or not, they both can be right. For that to happen you need noninflationary growth because thats whats driving the fixedincome markets, obviously whats driving equity is the idea that hey, the fed is going to cut maybe 50 this month and weve got some growth, so as long as