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Welcome to power lunch. Im michelle carusocabrera. Recordbreaking day for the markets. Take a look. The s p 500 with new highs with 60 members of the index at all atime highs the russell 2,000 also at new highs. Morgan stanley is one of the winners. Its market cap for the First Time Since before the national crisis, bigger than goldman sachs. Other big movers today include aetna, cigna, boeing, carnival and royal caribbean. And one name not feeling the love today though. Snap shares falling to new lows again. Stock trading below 14 a share. This record breaking day for the markets. A year of records it has been. Driven today by a flood of earnings five dow components. New housing data and a sky high read on consumer confidence. Weve got it all covered for you. Bob pisani is at the New York Stock Exchange phil lebeau with gm. We begin with bob at the big board. 21 d ....
President trump said, does anyone have any questions for me about russia . [ light laughter ] alternatively i could show you my tax returns. Do you guys want to see that . [ light laughter ] President Trump and the first lady hosted the congressional picnic today on the south lawn of the white house, or as eric was told, the north lawn. [ light laughter ] following losses in two special Congressional Elections this week, one democratic staffer reportedly said, we have 80yearold leaders and 90yearold ranking members. This isnt a party, its a giant assisted living center. [ light laughter ] even worse, the reporter then asked about the upcoming g7 summit, and several people yelled bingo [ laughter ] [ cheers and applause ] an article published in the north korean state newspaper today called President Trump a ps ....
Jimmy no, no, no were good. Were good. Were good. Were good. Oh, all right. Jimmy im still in it. All right. Steve its a barn burner. [ light laughter ] jimmy, i just want to say youre a great host. Jimmy thank you. Thanks for inviting me and making a fool out of me. Here we go. One. Two. Three. Ahh [ cheers and applause ] [ laughter ] jimmy i got the win. I got the win oh jimmy i won i won [ cheers and applause ] youre the best. Yeah jimmy alex rodriguez, everybody nick kroll joins us after the break. Stick around, everybody im the champ oh, my gosh. [ cheers and applause ] vo unlimited is only as good as the network its on. And only one network can be the best. Verizon. Just named number one in the nation by rootmetrics, the largest independent study. In call, data, speed, and reliability. And awarded number one Overall Network for the eighth time in a row. Because only verizon has the best network and the best unlimited. Thism ....
Provided by and by the corporation for public broadcasting, and by contributions to your pbs station from viewers like you. Thank you. From the tisch wnet studios at Lincoln Center in new york, hari sreenivasan. Sreenivasan good evening and thanks for joining us. Oncemighty Hurricane Harvey is weakening, and drifting slowly but dangerously over land. Forecasters warn the storm is still capable of generating catastrophic flooding as far as 100 miles inland. After making landfall overnight, harvey was downgraded today from a category 4 hurricane, with 130mileanhour winds, to Tropical Storm status still with very severe 75mileanhour winds. Harvey came ashore about 30 miles northeast of Corpus Christi, as the strongest hurricane to hit texas in almost 60 years. Harvey ....
Indexes were pulling back. You can see, were now flat across the board. The nasdaq just inching positive. All and all, one of the rare not up days for your stock investments. And of course all of this coming ahead of what is likely just the second fed rate hike in a decade. Tyler . Thank you very much, brian. We are less than an hour away from that fed rate decision. Most people do expect a quarter point hike. Could it be more . Well explore that in this hour as well. It has been a year since the last hike, then there is yellens News Conference, thats at 2 30 eastern time. Steve liesman following all of it for us live in washington. Hi, steve. Good afternoon. Just a quick note that we got some data this morning, the fed got some data on the second day of its meeting when it makes its policy announcement. And decision. And that data was weaker. I want to show you the cnbc rapid update. What happened is economists have taken. 2 off ....