Fears about trade, growth and rates. New phones, new watches and a big bet in tv. Your next trade on apple and the stocks in its universe shares of costco soaring 45 this year. But is a pullback coming its our call of the day Halftime Report starts right now. Good to have you with us on this wednesday, 9 11, as we remember and always will your Investment Committee today, joe, steven, jon and pete na, welcome, everybody stocks are higher this hour. The dow trying for its sixth straight day of gains. Not bad. But we begin with the big trade happening now in the overall market momentum apparently is out and socalled value apparently is back jpmorgans quantity grew who called the rotation about two months ago says the flight from momentum has only begun. Id like to start the show, guys, the hour with a stat i pulled out of fax this morning i think kind of will highlight better how big this shift has been 58 of the top 62 stocks in the s p 500 this week, theyve gained an average of 9 . Been
99 for a case of water, thats the type of price gauging that the attorney general is seeing in the state. Hell join us to tell us how hes cracking down on all that have. And next hour President Trump is likely to address this catastrophic flooding in a News Conference with the president of finland. Well bring you that live as soon as it begins. But we start in texas. Contessa brewer is in houston with the latest on the flooding and Brian Sullivan is in galveston with a look at how Hurricane Harvey is affecting refineries contessa, well start with you. Reporter the bayou has overflowed its banks, normally parkland, and this Historic Building here was due to be completely renovated by fall of 201. As you can see, they will probably have to go back at t. Houston at this point is mostly a ghost town. Businesses shut down, employees stranded there are some 3 Million People who work in the metropolitan houston area most of them i would guess are out of work today because the roads are simply
With the president , at least recently. Uhhuh. He seemed to take a shot out of the blue at you a week or so ago. And then youve responded with a couple tweets in the last 24 hours. One that said, and im quoting, its time we accept pous for who he is, hes entertaining. Later you said its a waste of time to try and turn pinocchio into a real president. Whats going on . A couple of things. First, i deleted the first tweet because i thought the pinocchio tweet said it better. Loon, i tweeted more of it today. There are policies that i tend to agree with him on. I mean, i want reduced i want less bureaucracy. I want better tax law. You know. Changes to the fcc, changes to the fbc. Those are all good things but more republicanoriented type policies. What i have a real problem with is that i dont think he has any leadership skills. I think he has no self awareness. He has no ability to admit his mistakes. He is completely unaware of how technology works. And lets start there because one of hi
Doubt a very tense capitol hill, where Kayla Tausche is standing by ahead of the Health Care Vote. Kayla . Brian, House Republican leadership are rushing back and forth, scurrying about with a lot of prescheduled items on the calendar. But, just a few moments ago, the House Majority leader was shrined by reporters here in the hallway and asked three separate times if he was committed to bringing this Health Care Bill to the floor for a vote, regardless of whether it looked like there was enough support for it to pass. His answer was, why are you guys always so negative . He didnt answer the question straight on. Reporters kept asking and he just accused the press of being negative and only focusing on the negative. Thats important, because this vote is supposed to take place in a number of hours. Nonetheless, republicans are still trying to coalesce the support that is needed to actually have this passed. And one more thing that might be important to the market, is mccarthy was asked w
For the week but look at that. Were just off the highs of the session right now with the dow up 286 points. We have been tracking overnight sessions in japan, which is hit really hard this week, down more than 10 . But we have black rock global chief investment strategist joining us and he says the market looks attractive right now. Is square a takeover target . Visa revealing its stake in the Payments Company and some on wall street say the move could be paving the way for m and a in the category. Watch out netflix, apple is preparing the First Scripted Television Series starring dr. Dre. We will get details coming up. The markets soaring right now, what happened to all of the recession talk this week . Some say the economy and stocks are actually telling us two Different Things right now, Steve Liesman has what the economy is saying and dominic chu looks at the market. I love starting a debate with my opponent mortally wounded because stocks are higher. Im not more tally wounded. Its