Donors he would get rid of most of trumps tax cuts. That wouldnt be good for stock prices or your 401 k . Right now we see the dow losing maybe 90 points at the opening bell, 25,400. The s p will be down and the nasdaq is off about 20 points. No serious selloff at this point. But we do have dramatic stories breaking this morning. Overnight, a young black man, 16 years old, shot and killed in the seattle chop zone. Its the fourth shooting there in nine days. Democrat mayor durkin said the zone would be removed. It is still there. In new york city, the city votes on taking a billion dollars out of the budget the police budgets. Mayor deblasio calls it real redistribution. This follows a devastating blow, the citys 15 billion theater industry will stay closed until next year. The democrats trash the president and mt. Rushmore. A tweet from the dnc says the president will be quote, glorifying White Supremacy when he attends a fireworks display there on july fourth. But its okay. They took
The top analyst on apple he is with us live after a major player at the company says, its time to leave. The Halftime Report with scott wapner begins right now. Welcome good to have you with us our Investment Committee at the table today. Lets begin with the market. Stocks are jumping on the last trading day in june. All eyes on osaka as the g20 in full spring. We countdown to the meeting between trump and xi trade playing a big role in what the second half of the year will hold for investors why dont you size it up for us after a great first half yeah. Then i think not only did we have a great first half, but this week looks like it was a really big catchup trade a lot of stocks that had been hit hard suddenly reversed i think thats important if were going to continue this trend and have a substantial breakout that lasts. I want to focus on the rate sensitive names got absolutely rocked this week a lot of bigger damage in some of the bigger. And utilities down 2. 5 on the week we came
Bag the dow attempting for a Third Straight interestrate session of gains but between the bulls and the bears as anyones game, the s p 500 and nasdaq on the other hand are little more firmly in the green as you can see, nothing to write home about but there in the green, as big tech and growth stocks, maybe the chip stocks to lead the way higher, nvidia, micro, their higher but not just tech and control, Steel Dynamics claim in the top spots on the s p 500 at this hour. Coming up by the way were going to dig into whats driving the gains in the rejection and rocking the Steel Industry the ceo of spring maker Cleveland Cliffs will join me whether to discuss whether or not he can seal the deal with u. S. Steel, that is a lot of rhyming. The Chinese Markets are reeling today as the countrys property crisis deepens the hang seng deeply more than 1 of chinas top privately run developer, Country Garden holdings failed to make its Interest Payments onto u. S. Dollar bonds. Could turbulence and
white house in just about five minutes. there is chaos in iowa, leading to new hampshire. will tomorrow night be a big night for bernie sanders? what does that mean for your? time to think about it seriously. how can you make money? all that and so much more on making money. charles: so after opening lower, the dow off more than 100 points, the market wand its equalibrium. it is very clear the action now is very tenuous. what do we like? the friendly fed helped us a lot so far this year. monster financial results. we ll see the s&p 500 companies. yes, folks that number is real. for three months, s&p 500 approaching $3 trillion in revenue. that is certainly helping the market. those catalysts. the big question what can propel the markets next? here to discuss, gibbs wealth management cio and president, clear advisors senior managing director jim awad. we finished with the earnings picture. earnings came in much better than anticipated from january 1 to where we are right now
away, wait till you see which candidate are speaking live in this hour. we will take you to new hampshire in the campaign trail. you have heard of blood diamonds, what about blood makeup. we have the founder and ceo of beauty counter, have you heard about this company, the founder is disrupting the entire cosmetic industry cleaning up the dirty underbelly and making money hand over fist doing it. deep coding, the human and cycle pedia who has three pics for you. he says they will spike this year for your portfolio. charlie breaks on the latest wild pitch in the sale of the new york mets. we are less than an hour to the closing bell, let s start the claman countdown . . liz: we need you to look at a company called co-diagnostics. this is a back scene maker, and it just resumed trading after being halted on news that it s begun to sell the screening test that is specifically designed to identify the deadly coronavirus. look at the stock now, for $3.88. it is jumping 29% becau