By democrat led committees. Also on the programme. China has been celebrating 70 years of communist rule but in hong kong more violent demonstrations. The police have been using tear gas, pepper spray and live rounds to quell the protests. And what to do when your name is facing extinction . 0ne nigel brought together 400 nigels, for a night of nigel nostalgia. Hello and welcome im Christian Fraser in london, Michelle Fleury is in washington. When the European Commission president Jean Claude Junker met with borisjohnson a few weeks ago, he said hed discovered something new; that this Prime Minister wanted more of a border on the island of ireland than his predecessor. And today mrjohnson confirmed it. The reality of brexit, he said, means that there must be customs checks of some description in Northern Ireland, after the uk leaves the eu. The Prime Minister has rejected briefings from the irish side that that will effectively mean a hard border, in the form of a series of customs pos
Data out this morning was up slightly joining us for the entire hour is from ariel investments, pushing back against the earnings theme youre feeling good . Id say im better than the market is feeling. I think the market is looking for soft earnings, maybe 3 decline in earnings. Were hoping that we might get a positive number, but not as bad as the markets think lets drill down on all of the big stories. Lets start with you, bob. All three major indices at new highs. And let me show you, a nice group of Retail Stocks hitting new highs. Walmart, home depot, dow tjx, autozone. A small group of Consumer Staples breaking out to new highs. Proctor and gamble, colgate, starbucks a 52 week high for them the Payment Systems, mastercard, visa, visa the biggest gainer of the year up 36 . They have been on fire recently. Finally one last point, the vix down to 12 and change. This is sitting right near the lows for the year. Obviously august is a slower part of the year, but even so, a pretty low
The fed chair will be testifying before the Senate Budget committee this time, starting at 9 30 a. M. Eastern time. She told the join the Economic Committee the economy still needs plenty of support and that the markets are not in bubble territory. Valuations are in house torq historically Interest Rates are historically low. That feeds into the valuation. Theres that linkage. There are pockets where we could see valuations in smaller cap stocks but overall, those broad metrics dont suggest that we are in obviously bubble territory. In reaction to her comments, the dow managed a triple digit gain, closing at 16,518. The s p 500 also picked up ground adding ten points. The nasdaq, though, dropped 13 points. The nasdaq looked worse earlier in the day, though. You did see much steeper declines. It was boosted into the decline of 13 points by the end of the day. The futures right now, youll see at this point dow futures are indicated higher about 13. 5 points, nasdaq up by 2, s p up by 1.
A Wedding Party aboard a hot air balloon forced to make an Emergency Landing. Its all happening now. But we begin with the race for the white house and a man who our fox news polls say was the front runner for the republican ticket mitt romney, opting out. Welcome to happening now. Im john scott. Hi everybody, im jenna lee. Mitt romney spent three weeks considering the idea of running for president yet again, this after surprising financial backers with hints he may take a third crack at the oval office. But those donors have apparently moved on, or so we hear. In calls to staff and supporters this morning romney said it was time for him to get out of the way. After putting considerable thought into making another run for president , ive decided its best to give other leaders in the party the opportunity to become our next nominee. Well, mitt romney may be out now, but just yesterday he was the number one republican in our fox news poll. Romney led about a dozen other candidates, ten p
Who has not yet taken a message across the country one whos just Getting Started may well emerge as being better able to defeat the democrat nominee. In fact i expect and hope that to be the case. Joining us here in washington kevin madden cnn political commentator, former Romney Campaign adviser and spokesman, also with us, cnns dana bash and gloria borger. Kevin, i was surprised given the body language the statements the activity he was doing for the past month or so. I was surprised. Publicly and privately, it had all the indications that he was moving towards a direction that he would do it. If you look at the san diego speech from a week ago and the Mississippi State speech all of those had the trappings of a president ial candidate. Complete with sending out the excerpts of a speech beforehand. And even privately, governor romney said, in conversations that he had with me when he confirmed that he was thinking about it he said if you want to be president , you have to run for pre