Pieces power lunch starts right now welcome to power lunch. Stocks extending the weeks gains and could ends up with a positive month across the board. Health care the best performing sector and financials and telecom the biggest laggards refineries shut down for extended periods in texas in the wake of harvey gasoline continues to spike as well on that supply disruption campbells soup falling as earnings disappoint and costco in the green after reporting a 6 jump in sales and lands end sinking on an etf miss down nearly 8 . Lets get you caught up on the latest headlines texas officials reporting more than 37,000 homes sustained major damage and 7,000 destroyed by the storm u. S. Navy sending two trips to provide humanitarian aid outside of the houston area, the city of beaumont lost its water supply as a result theres 180 million in damage to public property across the gulf coast counties just so far. The Vice President saying moments ago that President Trump will return to texas on sa
Wasnt as bad as many feared, since its historically one of the worst performing months. The dow rose 55 points. Nasdaq climbed 60, the s p 500 added 14. For the month, all three indexes were higher, but it was the mo for the dow and the s p. Dominic chu has more. It was supposed to be a terrible mon was suggesting, but august turned out n expected. The major u. S. Stom indices ended up higher with the nasdaq kensho,site leading the way, over the last 20 year, august e s p falling an average of almost 1. 5 for the no month. This large stock index got a mix from different sectors Like Technology and more defensive areas like utilities really h p helping lead the charge. Meanwhile, telecom and Energy Related stocks r were among the biggest drags, but one theme continues to play out in 2017. And was reenforced in august as well. And thats the outperformance of higher growth oriented stocks over value stocks. As for whats on tap for september, recent history prints a less optimistic picture
The First Time Since 1970, congress is meeting between the christmas and new years holiday. Preparations are underway as lawmakers if lawmakers fail to act. We are 17 hours until the deadline. Midnight is the deadline east coast time. Here are the numbers. Host also, send us an email and jonas on facebook, join us on facebook or you can send us a tweet. Lets take a scan of the headlines and we begin with the atlanta journalconstitution. A lot of talking but still no votes. The deadline has come and gone. One last day for a fiscal deal is the headline from the boston globe. We are also keeping an eye on wall street. The markets are queasy. From the headlines the wall street journal. Host a lot of activity on the house and senate chamber. We will be falling all of that on the cspan networks. We have the Deputy White House editor from politico. Tell us where we stand. Guest we stand in limbo, is the best way to put it. The senate was hoping they could be the ones to reach a deal over the
Honor president Ulysses S Grant who fought to preserve the union in battle . And fought as president. To preserve the values of our country. We are so excited to be here. For those of you who dont know the United States Capitol Historical Society is the congressionally chartered nonprofit organization. Dedicated to sharing the story of the capital and those who work there in a manner that inspires informed patriotism. Today as we celebrate three significant events all related. The 200th anniversary of ulysses grants birth. The 100th anniversary of this grant memorial and the dedication of the incredible restoration of this monument that was finished in 2020. We have a distinguished group of speakers. Senator roy blunt our hero who im going to introduce first architect of the capitol Brett Blanton who oversaw the restoration and oversees the capital and distinguished historian ron white. So now you know, whats going to happen. Let me present to you our first speaker. Senator roy blunt b
Today we gather with joy to honor president Ulysses S Grant who fought to preserve the union in battle . And fought as president. To preserve the values of our country. We are so excited to be here. For those of you who dont know the United States Capitol Historical Society is the congressionally chartered nonprofit organization. Dedicated to sharing the story of the capital and those who work there in a manner that inspires informed patriotism. Today as we celebrate three significant events all related. The 200th anniversary of ulysses grants birth. The 100th anniversary of this grant memorial and the dedication of the incredible restoration of this monument that was finished in 2020. We have a distinguished group of speakers. Senator roy blunt our hero who im going to introduce first architect of the capitol Brett Blanton who oversaw the restoration and oversees the capital and distinguished historian ron white. So now you know, whats going to happen. Let me present to you our first