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A day. Yesterday that was a big head wind as the market did get up the s p just to the cusp of those old highs. We did it without the help of technology, of the big Growth Stocks everyone is talking about this rotation the nasdaq has had yet another of its fairly routine pullbacks so far it has bounced to maintain this up trend today yes, tesla helping it, but really it is the old favorites as well, just picking up the slack and the s p is right back to yesterdays afternoon highs before we had that shake out going into the close. Julia, david faber mentioning last hour the passing of Sumner Redstone, a legend in the content world. Coin that phrase content is king. Has a bit of feeling the end of an era, of course, he lived well into his 90s but what are your thoughts on what a figure like Sumner Redstone meant in his pr ....
Up pressure. A big thing the marked is watching into the weekend, stimulus negotiations in washington they appear to be stalled with no breakthrough yet. But that could change. We have 59 minutes left of trade. We do sara, as i know you were equally with me on this, we also happy birthday wishes to closing bell and power legend bill grijive who shargri griffith who shares our birthday and mrs. Carl quintanilla. It goes on and on this great seventh of august. Popular day great day it is because of them, not us. Coming up on todays show, tensions ramp up between the u. S. And china, well speak with i ian bremmer and why a worldwide depression is coming plus, the weeks storm driven Power Outages have been a major headache for people working at home. But they gave a boost to a generator company. Well speak with the companys ceo in a few minutes lets focus on the big stories that were walking mike santoli is tracking a volatile market s ....
Aoc and Rashida Tlaib will be questioning the fed chair, Jerome Powell. Income inequality, Climate Change, oh, the evils of capitalism. Stay tuned. All right. Now look at the markets. We have seen a copy of mr. Powells opening remarks. He will say the economy performed reasonably well in the first half of the year. He did also say uncertainties in outlook have increased in recent months. To me, thats the money statement. That seems to be whats moving the market and look at this. The market is moving up. We opened this morning we didnt open yet, but first thing this morning we were down a few points. Now were going to be up about 100 at the opening bell. Look at that nasdaq, up probably three quarters of one percent. Markets going up this morning. Big show for you. Britains ambassador to america, out. And the womens soccer ....
Revealing the intimate details andinner revealing the intimate details and inner workings of the royal family during the coronation and Manchester United came from two nil down last night to secure a late win against aston villa , late win against aston villa, but the manager was being sacked at half time. Is his future secure . And celebrate your 2024 in style come january , the first style come january, the first wine will be sold in pint sized bottles thanks to what the government called post brexit freedoms. Freedoms. Good morning to you. Thank good morning to you. Thank you for joining good morning to you. Thank you forjoining us on this you for joining us on this wednesday, 27th of december for what it did you get for christmas. Any naff presents . Thats the big talking point this morning. Any old links africa sets that you would have got as year old teenager got as a 15 year old teenager that still getting now . That you ....