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CNBC The July 4, 2024

Plus, powell wrapping up day two of testimony on capitol hill. Cleveland fed president loretta mister joins us exclusively with the more on the timing of when the first rate cut could be. And then we have the action, the story, and the trade on three more names getting ready to report results. Our trader likes two of them, and shes here with the names and what makes her a buyer. We begin with the markets overall. Its green. The headline today is a record high. Again, a record high for the largecap s p 500 index. Well put a star right there right now. At one point, it was as high as 5156. Its currently up 1 . The dow is the laggard on the day, just up maybe 1 3 of 1 , 120 points to the upside, 38,781. But the real outperformer is the tech heavier nasdaq. Not a record yet, but darn close. Its up roughly 1. 5 , 231 points to the upside. 16,262 the last trade there. Meanwhile, check out some of the earnings movers. A check on the consumer economy. Supermarket giant kroger, you can see here ....

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