59 minutes left of trade nasdaq 100,. 2 from a record closing high set in february hard to believe. Seriously is hard to believe. Were up 0. 4 . Coming up on todays show, despite growing dissent, tech stocks once again nearing all time highs well discuss the outlook for the sector amid new challenges with investor dan niles. Plus, powerful words from one of the biggest icons in sports, nba lenld, Kareem Abduljabbar will join us with his compelling message for all americans about the need for what he calls a rush to justice. Lets focus in on the big stories we are watching in this final hour of trade. Mike tracking the Market Action as always. Julia boorstin following the cory russ of dissent inside facebook and courtney covering the civil unrest mike, start us off with the Broader Market and this continued strength we are seeing yes, continued, persistent strength its a day when its gone a little bit away from the nasdaq leaders that were were so familiar with. That trend has remained
United. Democratic candidates flood New Hampshire. In this president ial race, we dont just want to win. We want to win big. My guest, president ial candidate amy klobuchar. Also, President Trump says he called off secret talks between the taliban and the afghan ghast and ill talk about that. And we know who President Trump said would pay for his border wall. Mexico will pay for the wall believe me. But now the president is shifting billions from the military to help build part of that wall. Will he pay a political price . Joining me for insight and analysis are amy walter, National Editor of the political report. Peter baker, chief White House Correspondent for the New York Times, chem berly atkins, senior news correspondent for wbor and columnist joan is that gojonah. Announcer this is meet the press with chuck todd. Food sunday morning. If a president says one thing thats not true, it can become a very big deal. Think of president obamas claim if you like your healthcare man you can
Missouri. Plus, man theft e chester united. Democratic candidates flood New Hampshire. In this president ial race, we dont just want to win. We want to win big. My guest, president ial candidate amy klobuchar. Also, President Trump says he called off secret talks between the taliban and the afghan ghast and ill talk about that. And we know who President Trump said would pay for his border wall. Mexico will pay for the wall believe me. But now the president is shifting billions from the military to help build part of that wall. Will he pay a political price . Joining me for insight and analysis are amy walter, National Editor of the political report. Peter baker, chief White House Correspondent for the New York Times, chem berly atkins, senior news correspondent for wbor and columnist joan is that gojonah. Announcer this is meet the press with chuck todd. Food sunday morning. If a president says one thing thats not true, it can become a very big deal. Think of president obamas claim if
And small caps are outperforming. Joining us for the hour is steve grasso taken by semis, is is that ahead of micron, g20 . I think that it is a bit of both bullard was not bullish. Market was expecting one thing, not the other. And micron is after the bell, so people are getting ahead of that people so either earnings or semis, chicken or the egg there, but that took us down. Something the bears point to, semiconductors are traditionally a tell on the economy and they are not at record highs. I think that they are still in correction so if you had to poll everyone now within the marketplace, people are going to err on the side of growth is slowing. Cant find anyone that says growth is ratcheting up. So these have been the bullseye for growthand they have been your cautionary tale thus far within the marketplace and with g20 and with china and everything all encompassing. Microsoft also suffering. Ten year back below 2 all factoring into the selloff lets drill into the big stories. We
Coming up. Tom a riskoff mood percolating through the markets. Of course, we had u. S. Officials coming out and downplaying hopes of a trade breakthrough at the g20, and the commentary from jay powell and james bullard, seeming to disappoint some investors who were banking on a 50 basis point cut in july. Warningsay powell said of Downside Risks have increased, but stopped short of saying that cuts are imminent, a nd jim bullard said a 50 basis point cut might not be warranted, going for more like 25 bits in july. We saw equities pullback from the initial fedinduced rally. China also looking in the red, hang seng futures down 91 points. Yesterday, the chinese banks really tipped the market lower here after the reports that they may have been involved in not agreeing with subpoenas when it comes to north korea violations. More on that later on. Moment, 6. 88 at the pretty flat, but Dollar Strength story is percolating through the asiapacific. The bond market continues to see yields goin