farley, who is taking a start-up bullish public via spac we'll talk to him about all of it >>> plus jeff currie will break down the crude comeback and why he thinking oil is heading higher from here >>> miketoli is back, and meg tirrell is here mike, a nice full percent. >> as a matter of fact they've been hovering right at the close 1% level for most of the day clearly follow-through from last week 'rebound. if you look at the one-year chart on the s&p 500, it really shows you there had been diminishing magnitudes and durations of these dips. last fall by got the 10% decline. february/march, somewhere in the area of 5% here you have just this basically persistent up trend that has not given you too much of a chance -- not to discussing this will definitely -- we also have a great rally last monday or so, i saw, from a distance. the equal-weighted version of the russell 1000 has been a laggard. it doesn't mean the s&p has to come down. you see basically flatlining for months now this is a six-month chart. it basically is also underperforming the year-to-date by a small amount. this is the sure

. >> it's been a roller coaster ride for oil today as you were discussing with jeff curry, the whiteouse is urging opec to boost production if you look at the wti chart you can see that pressure up at 6:00 a.m. when cnbc first reported the news this all comes down to the jump in gas prices up almost 50% compared to last year. a statement from national security adviser jake sullivan said, quote, higher gasoline costs, if left unchecked, risk harming the ongoing global economy. recovered those losses in afternoon trading and then some. the contract is currently at $69.24 for a gain of 1.4%. brent crude at 75.4 for a gain of 1.2%. a draw in both crude and gasoline stocks. kelly, back to you. >> pipa, real quickly, talking to jeff curry, he noted perhaps what the white house is sensing is a breakdown in talks with iran where that might have increased supply as well if our supply is off the table, if their supply is off the table, he's saying he thinks that supply isgoing to be the main driver of prices from here? >> that is certainly part of the discussion and we have been looking toward

tom: jeff curry. got my water, please. i need my walker. jon: i'm here for you to lean on.let's go to annmarie hordern. what is the average age down there? when you are in the senate floor, the average age is like 82, right? >> it is definitely older than i am. i think actually older than you are as well. tom: thank you. >> some senior moments in washington as well. tom: let's go to what i seen the zeitgeist, democrats counting votes. speaker pelosi has got to start counting votes. what does the count look like? >> we are waiting to see, but the point is that the moderate house democrats are the ones pushing back that when they come back from their august recess, this august 23 to have the vote on reconciliation package, you are hearing from the house blue dogs and they are saying representative, one of their speakers, stephanie murphy, is staying -- saying we want infrastructure on the table asap and do not want to hold it hostage and wait for the reconciliation package. where they will only be voting on the resolution and then they will go into the senate committees and h