, . . a candidates age and camp competency are always fair game in politics. even biden conceded earlier this month that he took a hard look at his age as he contemplated whether to seek reelection. one of the things people are going to find out, they re going to see a race and going to judge whether or not i have it or don t have it. i expect them to take a hard look at it, i take a hard look at it as well. i took a hard look at it before i started to run. i feel good, i feel excited about the prospects. but there are other truths that must be considered. as i wrote in the times, headlines and polls don t just measure and reflect public sentiments. they also influenced public sentiment. the persistence of a theme elevates and validates that theme. it s true that if he is reelected biden would be the oldest president we ve ever had. but he is already the oldest president we ve already had the first time he was elected. so what has changed? i would argue that the biggest
expel george santos from congress. republicans cheat to a room of accountability. and three democratic state attorneys general from colorado, california, and michigan join me to discuss reproductive rights, gun reform and combatting hate crimes. i m charles blow infirmity has some. let s get started. as we start the second hour, we want to flip the script on how president biden s reelection campaign is perceived. the common within much of the news media says that biden is struggling in parts of the electorate in 2024 because of how voters view his age. in a recent piece of the new york times, i argue that there is a chicken and egg expect to this coverage. let me say up front, candidates age and competency are always fair game in politics. even biden conceded earlier this month that he took a hard look at his age as he contemplated whether to seek reelection. one of the things people are going to find out, they re going to see a race and going to judge whether or not i ha
the dow gaining to a record high, but not holding on. the sector groups are performing well today, you can see there are for industry groups lower and seven higher. energy and financials leading the way. financials expending extending their advance. this is after the big u.s. banks pass the stress test and got approval to return cash through dividends and buybacks. plenty of things for investors to like about financials, including rising bond yields as well. terms of actual company specific news, quite a few developments on the m&a front. online personal finance company getting taken over by red ventures for $14 a share, and all-cash deal. eq to getting a boost up by 2% took a 12% partners stake in the company. it wants to separate its operations incentivizing bryce energy. and carmakers coming out with news today, elon musk indicating through twitter that the model three sedan is ahead of schedule and will probably come in on schedule. company hasr the missed to so many de
start to gain a bit of momentum once again, going into earnings season. there is some them is an serenely some optimism seemingly surrounding earnings for the major averages, so that is something to note. the nasdaq is on a six and winning streak, but it is the odd man out here in retaining the record. it has not gotten to that level. and there is an interesting note out from bank of america merrill lynch, who is not very optimistic on the s&p this year, talking about income inequality, pointing out more hours are needed now to buy one unit of the s&p 500, 110 hours, in fact. so that is at a record high here . that is less attainable for particularly low income workers to get to that kind of lone where they can invest in the stock market. interesting observation here. that is also one reason why we need to clamp down on that level of inequality and might be more aggressive next year. at thealso looking nasdaq, which is lagging the other industries. it is down, not by much
shaping up for a second day of gains. futures positive of 65 points on the dow. overall it seems like market this morning. theda: let s go around world for in-depth coverage of our top three stories. robin ganguly is in hong kong. matt miller is here in new york. and francine lacqua is in zurich. let s start with francine. why the big jump in the stock this morning? the jump in the stock is basically because we had earnings that were not great but they were better than analysts thought they would be. they re trying to execute the strategy unveiled in november that he had to update in march when things got uglier when he thought they would. execution andout cost-cutting and targets. this is not a great set of results but they are going in the right direction. the ceo said this means they are doing better and they are happy with the progress. we are pleased with the results. if you look at what we are trying to achieve, the growth divisions, switzerland, asia all had a real