About a 900point gain in just two days, easing some of lath weeks big losses. The s p 500 is up nearly 60 since President Donald Trump was elected four years ago this day, 2016 stocks have climbed back to reclaim the ground last earlier this year. Tonights election will be decided in the swing states and we will dig into issues, everything from covid to the economy and more power lunch begins right now welcome to power lunch, everybody. Im kelly evans. Weve got an historic election and a huge rally today our reporters are all over it. Bob pisani is watching stocks, ylan is at the polls lets begin with bob pisani on this rally today im calling this the buy everything rally we are off of the highs which we hit late in the morning, but still a substantial rally for the day. Take a look at the sectors when i say buy everything, you know its a good day when banks and industrials and technologies which go in opposite directions are up today today banks, industrials, its your cyclical sector
Now. New data points to a sluggish economic recovery as payroll, points in the beige book shows a modest increase in activity. 59 minutes until the close were set to have another record highs for s p and nasdaq up 1. 2 on s p 500, sara its utilities leading the way higher for a change. Coming up on todays show, Galaxy Digital back to weigh in on the rally as it carries over into september were going to ask where hes putting money to work right now. Weve got an interesting mix of earnings coming your way after the bell, including work from home like cloud strike, those are hot, hot Cloud Companies Apparel Company pvh and well talk to manny tirico, calvin klein and Tommy Hilfiger mike santoli tracking Market Action as always Steve Liesman with new highlights from the feds beige book joining us to talk tesla and pullback were seeing is craig irwin from roth capital. Mike, start us off with the market every group is higher except for energy you do have utilities and real estate and health
Of confederate generals . The new poll on what america thinks. Keep the change. Americas new coin shortage that has the government pinching bad. Why this bus had to be airlifted out of the forest. And we do say good morning and good friday morning on this juneteenth. We do begin with the fallout from three big stories developing this morning. First a major ruling at the Supreme Court. The justices blocking President Trump from ending the daca program, which protects undocumented immigrants who came to the u. S. As children. And just hours later a high level official in the Trump Administration announced shes e represidenhaonser john boltons new book heads to court. Boltons lawyers are claiming the president is trying to delay the book until after the election. We have each story covered this morning beginning with that senior official quitting in protest. This morning, a shakeup at the state department is capping off what can only be described as a bad week. A senior oicial is now quit
Destroying crops and livelihoods forms of locusts in india and pakistan caused billions of dollars in damage. We begin in the u. S. State of minnesota where the death of a black man in Police Custody has sparked anger not only the boat across the country for the 1st time in its history that is that as governor has announced that hes fully mobilizing the National Guard. Im authorizing and talking to General Johnson to fully mobilize the Minnesota National guard an action that has never been taken in 164 year history of the Minnesota National guard we will pull in assets as we have been doing and for those minnesotans who are wondering where are the fire trucks where are the police that are out there the situation was so broad and the tactics were so bent on causing destruction that every Single Person we had mobilized again the largest in state history last evening was engaged in that with a Police Officer at the center of this has been charged with George Floyds mudda but its a little
Right behind you, she is right behind you, mr. Harrison. Me the the algorithm . Yes sir. I preferred over euclidean. Erine has had the fortune of having hollywood shine a light on her life. There are people right here in West Virginia who had no idea of what Katherine Johnson did for nasa and the usa. , Hidden Figures cant when the movie, Hidden Figures came out, it showed the world how profound she was in the pages of american history. Katherine was hired as a computer. She came in and to did mathematical equations for nasa. What they did not realize is she was more than the a computer. She was a mathematical genius. That is what Katherine Johnson was. Godspeed, john glenn. Fact, john glenn, who said this computer thing not this actual computer here is theilt important part. He did not ask the mathematicians from m. I. T. He did not ask the mathematicians from stanford or harvard. He asked the brilliant mathematician from West Virginia State University to calculate his trajectory and