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Just like this miserable quarter. The house of pain the s p shedding 1. 60 . The nasdaq declined 9. 5 the Dow Jones Industrial average had its worst quarter ever the craziest thing, though, truly crazy, do you know it could have been a lot worse. All sorts offer stocks have roared since the bottom a week ago. S p rose 1. 9 last week. Were leaving the quarter with almost as much hope certainly we had it than despair. How is that possible when the pandemic is raging and the entire economy is in dire straits . This decline was vicious as anyones ever seen it. Investors tend to regroup. They figure out what they can make peace with, but whats too toxic to touch the ones they made peace with have stabilized and can actually rally on good days, but they may not have bottomed. You know exactly what time talking about. Days like today theyre going to give up the ghost a little bit theres some terra firm a there for some of these com ....
Halftime Investment Committee is lining up with their buy list. And Richard Fisher, and Blackrocks Rick Rieder are with us live. Halftime report with scott wapner starts right now. Welcome good to have you with us our Investment Committee is at the table today. Lets begin with that new milestone for your money, stocks surging to a new record high june now the best month in almost four years. Joe, theres a lot in the market now. Considering 100 prediction for the fed in july. How high can stocks go stocks can continue to go higher and they continue to go higher because west diversification story. We dont have the overattraction to the momentum equity oriented type names youre looking at apple and amazon and netflix that are still below their highs ....
India. Jeff bezos met with Prime Minister modi last night. Well hear from him when he addresses Congress Later this morning. Clinton wins enough delegates to become the Presumptive Democratic nominee. Is the battle between her and mr. Trump gains momentum. The market seems to be shrugging off this political uncertainty. Shares of lululemon bouncing around in the premarket after raising forecast for the year but offered a softer outlook on the current period. Well talk about whats ahead for that company. Stocks are looking to maintain their upward momentum a day after the s p posted highest close since july of last year. Oil rising to some eightmonth highs. Brent hits 52. All of that happening as david said within the politics mix. Hillary clinton declaring victory in the race to become the democratic president ia ....
S p reclaims 2100 a lot to look at including coke and yahoo. Europes relatively mixed, oil is lower as the kuwaiti oil strike has now ended. But first up intel announcing plans to cut up to 12,000 jobs, about 11 of the work force, weaker demand for pcs ask that exclusive coming up in just a couple of moments. As we said we brought in jon fortt to lead this interesting quarter and interesting plans now for the future. Its really interesting, carl, because we just saw ibm report a quarter where they talked about weakness in latin america, particularly brazil doing some cuts overseas. Now intel coming in saying the pc market is weak, but also the Data Center Enterprise demand was weak, its cloud demand thats stronger. Makes you wonder overall when it comes to the end user whether that end user is sitting at home or in a business or even at a data center that the business controls, what really is happening to demand for device ....
Paris just in the last few last minutes but at this point early indication is it doescati not have any ties to ties to terrorism. Te the big story closer tostors home state police in virginiairi investigating the tragic tra shooting of one of their own. Trooper chad dermyer was cha killed yesterday at a y greseyhound bus station inund bt richmond. Fox5 has learned much more about that gunman. T wisdom martin back in studiock with the very latest. He good morning. Od good morning to you. Morn this morning we are learning more about the man who opened od fire during a police trainingin exercise at the richmondichmon greyhound station. Grey our fox affiliate in chicagon ca says the shooting suspect isuspi james brown the third from illinois. Is police say trooper dermyerermy approached brown and thats when shots were fired. Ed dermyer didnt have his his bulletproof vest on. Proof and he died. Ie police say all this happened hne in a short amount of time. It was so brief there ief the cant ....