they've followed the palestinian authorities. president mike moody. boston is coal for units. they have palestinians via come together. yes. all palestinians, ordinary palestinians are not as divided as their politicians. and that's why they welcome the announcements by the palestinian presidents announcing a day of mourning flags flying half mast in response to the assassination of the former prime minister is my niece. so this is a manual does not only represent the leadership of a very prominent formidable player in palestinian politics, but he also held the office of prime minister following a when a land slide when in elections there. we've seen protests across the occupied westbank, including here in the my love to show anger, to show unity among palestinians. uh, but also to say that i live city. and i've been there before. every major palestinian faction has suffered. and the fascination of at least one of its prominent leaders over the course of the past 5 decades. and so how funny is know how this will play out. it is a hard blow, but they understand that life and th

to seema moody for a look at the names moving into the close. hi, seema. >> mike, 42 minutes left in trading. united health leading the dow after posting better than expect the earnings. the health care giant up more than 6%, despite a warning that a cyberattack on its health care unit earlier this year would have an impact on full profits. the stock up about 4% so far this year. let's turn to shopify, that stock is jumping after bank of america upgraded the stock from neutral to buy. the financial firm also increasing the company's price target citing smart spending and revenue growth. the stock is up 8%. mike? >> seema, thank you. we're just getting started here. up next, money in the bank. the financials rallying to a record high today as we've been discussing. now the top sector this month as well on the back of post earnings pops and optimism the fed is getting ready to cut in september. we'll break down whether that trade still has room to run. live from the new york stock exchange. you're watching "closing bell" on cnbc. the dow up 727. ♪ (alarm sound) ♪ am

we will catch up with moody's and mike mckee will break this down next on the show. ♪ with so much entertainment..if you could find what you want, all in one place? show me paris. xfinity internet customers can enjoy the ultimate entertainment experience and save on some of the biggest names in streaming, all for just $15 a month. get the fastest connection to paris with xfinity. jonathan: equity futures on the s&p positive by 0.8%. the nasdaq up by a little more than 1%. that's where it is this morning. the bond market shaping up as follows. the two year high by one basis point. in the bond market on the 10 year just about unchanged. with the economic data, mike mckee. mike: we have a little bit less than anticipated in terms of personal income and spending comes in s forecast. personal income up euro .2%. the numbers everyone wants to see, the pce price index comes in spot on. 0.1 percent for the increase in june. the same as forecast. the pce year-over-year 2.5 percent. that is as forecasted down 1/10 from last month. then the core comes in 0.2% as forecast at 2.6% which is a little bit highe

seema moody back at our headquarters. mike, thank you as well for joining for the hour.tllime highs. keep it right here. this is our future, ma. godaddy airo. creates a logo, website, even social posts... in minutes! -how? -a.i. (impressed) ay i like it! who wants to come see the future?! get your business online in minutes with godaddy airo >>> good friday morning. welcome to another hour of "squawk on the street." i'm david faber with leslie picker and wilford frost. we're live. carl and sara have the morning off. let's give you lack at markets a half hour into trading. we're up on the s&p and nasdaq. that's new territory when it comes to the nasdaq certainly, leslie. >> we are 30 minutes into the trading session. here are three big movers we're watching this hour starting with tesla aiming for its eight straight day of games up the last full month of trading trying to close in positive territory year to date. currently shares up are about a percent. bitcoin sharply lower down more than 20% over the last month hitting its lowest level since february. we'll do a dive on