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first we start with one of the most important deals in media history. disney has been holding talks to buy some of the largest assets of 21st century fox. our own david faber broke the story today. david has more on the developing story. they may be emboldened to reengage there was a lot more yet to go, and they are not holding them at this very present moment it was unclear as to exactly why they had halted the conversations that, as you indicated, had led towards the potential deal under which disney would have bought many, but certainly not all of the assets of fox. in fact would not have bot many of the key cash-producing assets of the company, what would have been kept and what would be kept under fox if and when they talks are revisited, what would be on the right of your screen fox sports, which cannot be merged with espn in part because of the antitrust concerns. fox news, fox broadcast network. many are the cash flow, did you what disney would have conceivably ....
as one that gets clobbered for whatever reason. on a day where we have seen some strong individual stock performances during the otherwise tranquil session, the dow gaining 64 points, nasdaq up 4.5%. still on tear there. i think it s worth addressing this fear of single stock risk. which has become kind of i have to say all the rage among the professionals. first, if you think that i scoff at single stock risk, you re wrong. it s why i endlessly say that your first $10,000 worth of savings must be invested in an index fund. okay? i want you to capture the progress of american industry in a way that s diversified, via a fund that mimics the standard & park s 500. i know some don t have the ability to make decisions about stocks but you shouldn t be denied exposure to stocks ba u.s. of the handicaps. so the index fund is a very good proxy. $10,000, you know, wealthier, you can figure out the ratio. first $10,000 for everybody, i have $1,000 index fund. at the same tim ....
excruciating pain. some of the pictures are rough to look at and we re not going to show you the worst of them. this is jeff. ìáhp &hc% today from south carolina. he s from north wilmington. yesterday,p> i would say that. jeff still has a piece of the shark s tooth in his foot.svmr he has to have that taken out once the swelling goes down.bh th family is going to go in the th water. he said the new rule for the family is they can t go deeper than calf ç @7qn!deep. we re live in the digital operations center. thank you, tim. and counting until the start of the democratic national convention here in rphiladelphi. dnc stafferss[2] are officiall moving into the wells fargo center. as we take a look right now alt the latest phase of the lauren mayk will bring us a report oflfuz the door, making sure they got s out. no one was seriously hurt, about a half dozen other tenantw forced out of their apartments. the fire marshal is trying to congressman chaka fattah will con ....
fresh all-time highs. tesla shares tumbling after consumer reports says the car has, quoen unquote, quality issues. what is the problem? the writer behind the report is here to explain. but first, we start with another year-to-date high for the s&p. with today s close, the s&p is only 34 points, or a percent and a half away from new all-time highs. the dow 298 points away from its all-time highs. the question tonight, are we going to break out? and pete, what could lead us there, if you think we will? i think the same things that have been leading us so far. if you looked at today what led the markets, energy and materials. when goldman sachs was talking about steel, they were talking about inventories being worked off, they put a conviction buy list number out on nt. you get in the material space. then you go to the energy space. we had rich ross on last week talking about the xle at 64. well, it broke through 64. day after day, we re trading above that. then a ....
for the last hour, at least. tried to work its way back, as we headed towards the close. didn t quite get there. the nasdaq, the big loser on the back of the disappointing earnings from microsoft, and google. there s a look at the s&p. new high, 1,692, a gain of 3 points. bob pisani s been watching it all. bob, you have to say, like allen valdez said, pretty good finish considering microsoft, google, and some others. yes. what happened, of course, was the industrials balanced out the mess that microsoft made and google made as well, certainly in the tech area. let s give you a quick overview on the week. the major sectors here. it s a very simple story here. we had financials with great earnings. they were the upside lieder. industrials had good earnings today. and techs did not. and there you see the whole performance. tech s underperforming the overall and this is for the week, for the major sectors. it s a very simple story so far here. there is some interesting ....