post-pandemic academy dominated by america s big tech companies. this friday morning, stocks are going up somewhere, can you believe that, we don t know how were going to close the session but the opening bell the dow will be up another triple digit, over 100 points, s&p coming up a series of records of another nine this morning and the nasdaq made 39 records and moving higher again as of right now. that is the market, that is financial history, cue the fireworks, spectacular way to close out the republican convention, they lit up the sky over the white house after president trump accepted the nomination for second term. it was a long speech, 70 minutes, the president made his pitch, vote for me and i ll keep the streets safe and restore prosperity. joe biden would ruin the country. you will hear it all, and then there is this, senator rand paul and his wife leaving the white house after the speech into an angry mob of demonstrators. that was intimidation that bordered the ve
we will ask what mexico can do to satisfy trump s demand and stop the tariffs. there is china, they are asking if it s worth making a trade deal if new tariffs can come. ping is the moderate stable leader but no moderation in their position. they are drawing up a blacklist of people they don t want to do business with. china marked a slowing of it s economy. new factory orders are down and they are feeling the pain of the train fight. so are investors. there is a sharp sell-off of stocks across the board. it s bad when you talk percentages. the dow off 1%. the nasdaq down 1.13%. this will be the worse since december. interest rates are tumbling. it yields 2.17%. treasury is a safe haven. you buy them when things look grim. they are down today. there is another reason to buy you get interest. with german bonds you get no interest. you pay them to keep your money. it will be a big day. we are glad you are with us. varney & company is about to begin. the mexican government is
session highs was 220 for the dow. anyway, we re up 0.6% and the s&p quite close to its session high an that gives us a nice gains for the week, as well. on the s&p and the nasdaq. yeah. in fact, the s&p having its best start to the year since 1991 we want do get to bob pisani for more on this. we are up 12% for the year. best start in a long, long time and obvious investors are betting on cyclicals and maybe a little bit on global growth. take a look at the winners so far in 2019 an it s banks, semiconductors, industrials and energy all outperforming three of the four are global players, semiconductors and industrials and energy and not just a play on cyclicals but global, as well. when s lagging defensive names. going after companies that have the greatest growth potential although parts of health care do have growth potential and there s the laggards for you trying to get over 2800 in the s&p. but take a look at the last couple of months here. january up 7.9%. february
news. one of the things i m hearing here in munich is real concern about the surveillance balloon program. plus, safety fears. fema arrives in east palestine, ohio more than two weeks after the toxic derailment. in turkey survival against the odds. more than 12 days after the earthquake a family is pulled from the rubble. returning to the depths. the titanic as never seen before. it was pretty haunting. and finally, rush hour rescue in los angeles. how this dog captivated a city and prompted these drivers to act. she goes, i rescued a dog on the freeway. i go no way, he i just watched somebody rescue a dog on the freeway. announcer: this is the cbs weekend news, from chicago with adriana diaz. good evening. there is breaking news tonight. former president jimmy carter has decided against any further medical treatment and entered home hospice care. mr. carter is 98 years old. his decision follows a series of short hospital stays. this weekend several family
anyone. none of his advisers wanted to hear his views on foreign policy. they wanted trump to be quiet. he wouldn t. what is the point of nato he asked 30 years after the fall of soviet union. shut up racist. trump kept going. why would we fight russia, he wondered. wouldn t making russia our enemy drive putin in to the arms of china and create the most anti-american block in history? nobody bothered to answer him. they impeached him for it and starred a war with putin. in retrospect, trump asked a deeply patriotic question. if russia ever joined forces with china, american global power would end instantly. you d have the world s largest land mall and the natural gas reserves aligned with the world s population and the world s larger economy. a russia china axis would be not just more powerful than the united states but much more powerful. it would have the scale to control a lot of the world s economy and trade routes and raw materials. it could project military force that w