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Motor speedway home of the largest single day sporting event in the world, the indianapolis 500. Next to me is the car that won the first indianapolis 500 in 1911. We learn more about the race and why its based here in indianapolis. White flag. White flag. White flag. Tomorrow the speedway will be quiet. Waiting for the next running of the worlds greatest race. Quite a race. Quite a race. Its not just a race. Theres all kind of Community Events going on, autographs with the drivers. Memorabilia sale. It is nonstop entertainment for an entire weekend. Once the race begins i think a lot of people look at it as we just threw a big party and now we can get down to watching a serious race go on and see who wins. And everyones kind of let down after the race is over because you have to wait another 364 days. Final lap and its threeway shootout into the home stretch less than half a mile. He wins. Hes made the indy 500. The indianapoli ....
Halftime Investment Committee is lining up with their buy list. And Richard Fisher, and Blackrocks Rick Rieder are with us live. Halftime report with scott wapner starts right now. Welcome good to have you with us our Investment Committee is at the table today. Lets begin with that new milestone for your money, stocks surging to a new record high june now the best month in almost four years. Joe, theres a lot in the market now. Considering 100 prediction for the fed in july. How high can stocks go stocks can continue to go higher and they continue to go higher because west diversification story. We dont have the overattraction to the momentum equity oriented type names youre looking at apple and amazon and netflix that are still below their highs ....
Hence were noon in the eastern part of the United States and it has yet to begin formally trading. Were watching that. Were watching crosscurrents of the markets, buoyed about prospects for possibly a china deal and lower Interest Rates at that came with it. Although off the earlier highs, largely on concerns we might be staring down a possible conflict if iran ever since they shot down a u. S. Drone overnight. The concern that it will spike oil prices. That is exactly what is happening but it has not spilled over into the rest of the market. President trump, meanwhile as we mentioned earlier will meet with canadian Prime MinisterJustin Trudeau with all his finance ministers in tow as well. Possibility of a proverbial pool spray. You know the drill with that. The ca ....
Donald trump speaking a short time ago at the white house lets listen. Its a friend of my weve worked hard together we work in particular in the u. S. And ca and we hope to have by partisan support i think just to you to be making the rounds of Congress Later if you think its a terrific thing but its great to have you so were going to be talking about that and generally well be talking trade and other things and were then going to have lunch and some meetings and its an interesting day but itll be like camp positive day i think like usual so we want to have it we want to have very positive days we only have positive days so i want to thank you very much from there for me to do what the q. Thank you donald for for this meeting its an opportunity for us as you say to keep talking about how weve worked hard to great to build a great trade deal thats good for Canadian Workers g ....
The industry, could it mean less traffic for the malls and Shopping Centers where the theaters are located theres already signs of weakness with one of the largest facing a cash crunch more ahead. Move, movers and gainers in the retail space with deckers, the maker of ugg, up 13 right now. Ross stores up 9 , surging after results. More names next week, including costco, best buy, and gap. Two big moves in the pharma space. Merus soaring 30 on promising results for the melanoma drug. Immunocore dropping despite its own melanoma medication. Burger king, owned by restaurant brands, is offering its own 5 value offerings to contend with mcdonalds recent rollout. Could this be a pricing war . Well have more later. Lets begin with the markets, overall higher today after yesterdays divergence left investors a little puzzles. The dow recorded its worst session since march. Nvidia gained 9 , not to mention nvidia, alphabet, microsoft, the ....