the dow futures. s & p futures are relatively flat dow futures up 16 points the s&p 500 and the dow finished at recordgain. nasdaq up by 8.5 technology stocks are the reason we cited for recent gains. >>> overnight in asia, japan closed for holiday china reported economic growth 6.9% second quarter. that beat expectations factory output surged by 7.6% in june, fastest pace in three months retail sales topped expectations, rising 11% last month. the shanghai composite dow

seen in the market the last several days the dow jones industrial average indicated higher by 54 points if we were to open here the s&p 500 higher by four, and the nasdaq down by five, which is the opposite of what we've seen for the last several days. the dow and the s&p have been down for three days in a row the max has been higher, but we know that alphabet earnings are likely weighing on what we're seeing there out of the nasdaq and to come throughout the session today. >> time for our top trending stories. president trump's artwork is hitting the auction block. a sketch of the manhattan skyline made by -- i hadn't seen this yet, and i have been told it was bad it is much worse than i thought. anyway, this is done by president trump in 2005 for a charity auction, and it's hitting the market again with a bid of $9,000. it's an outline with trump tower in the center. it's signed trump with a gold marker i've lost it there it looks like -- >> it could be -- >> maybe an 8-year-old >> it could be any skyline also. i don't see any identifying marks. i don't even buy that that's trump tower. >> it was a charity event along side other celebritie

the dow and s&p 500 setting record intraday highs. dow would be higher if not for j.p. morgan and goldman sachs which are lower. j.p. morgan reporting numbers this morning, the nasdaq is on pace for its best week in two and a half months the. dow and the s&p 500 on track to post their biggest weekly gains in seven weeks check out the movers walmart and boeing are higher on upgrades gap is higher, retail stock being added to j.p. morgan's focus list and a number of well-known names hitting new all-time highs facebook, mastercard and ebay among them and we begin with j.p. morgan. that story that tyler told you about. ceo jamie dimon going off on washington during an earnings conversation call with analysts blasting the d.c. dysfunction and the impact it's having on the economy. wilfred frost is here with more. >> that's right, michelle. and here is the main part of that rant dimon referring to the excessive gridlock he sees in washington. >> since the great recession which is now eight years old we've been going at 1.5% to 2% inn spite of stupidity and political gridlock b

the small cap and the transportation stocks and it will spread to other cyclicals. but some of these groups in the past have been bell weather industries that have topped out before the dow and the se to start to see those lagging before we got very cautious on the market. we're just not seeing it. i certainly thought we'd start to see it here by midyear. i mean, coming into the year we thought, you know, maybe midsummer we'd be at 25, 50, 2,600. so we haven't quite gotten there. but what's impressive is just, again, how sort of cohesive and uniform this strength is at current new highs. >> so you say there's a little time to go before this bull market really reaches its peak. but in that case, how would you advise investors to prepare for the bull's last rights, as you so nicely put it, in terms of portfolio positioning? how do you position the portfolio for that? >> we're sticking with leadership areas like technology and financials and interestingly enough, i mean, consumer discretionary is not normally a place where you'd put a lot of assets later in an economic cycle. in the last phase of a bull market. but those groups, and i'd be talking homebuilders, hotels and leisure, au

there's a wrap up of market action state side as inflation and retail sales are in the spotlight. >>> record closes for the dow and s&p 500 friday with each gaining the most for the week since may 26th the nasdaq saw its best week of the year prospect is dim for a rate hike. u.s. consumer prices barely ticked higher in june, retail sales fella second month both came in below expectations. labor department says the consumer price index which does not include food and energy costs increased 0.1% separate report by commerce department showed retail sales declining .2% last month s&p 500 gained 4.7% friday, the dow was up 3.9%. nasdaq gained 2.59% for the week real estate was the best performing sector, and financials lagged after several disappointing sets of bank earnings leslie picker, cnbc business news. >>> moving to european corporates, look at one or two big stories of the day, dame carolin mccaul, outgoing ceo of easy jet is new chief executive of itv she previously led guardian media group. change in leadership comes at a very difficult time for easy jet in the midst of repositioning business in the wake of the

and other world leaders didn't that in the next hour. abigail doolittle is here with the latest trading action. >> very small moves in the dow and s&p and makes trading action from the dow and s&p 500, perhaps investors on hold in waking the results of the fed meeting. the tech heavy nasdaq up four tents of 1% and on pace for its best day since last wednesday after quite a bit of selling action. we look at what is happening sector wise for the s&p 500. function, tech is the clear winner, of 9/10 of 1% and more red than green. on bottom, energy down about 1.7%. what is helping tech from a performance standpoint, perhaps the most, looking at the chip sector and the philadelphia semiconductor index up nearly 1.5%. macron trading higher. nothing fundamentally new. we are seeing a bit of a rebound rally after last week's almost 5% pullback. when we look at a chart in the bloomberg, something happening technically, this is a one-year chart, stocks on fire from the lows to this high, up 70%. a huge move. recently, similar to the nasdaq. 50 day moving average in orange. if it can hold, perhaps you see these trade higher but otherwise, a drop-dow

session, where we have the dow making a record high during intraday trading by coming off its best levels. at the close coming in by quite a bit here for the s&p 500, the dow andhe nasdaq off of .5%, the laggard. it's now lower for the fifth time in six days, i'll be at on pretty thin walling because it will people are taking the half day off.

take a look at what's happening for the dow and the s&p 500. sector shot and the worst sector for the dow 1%,ncials, down more than helping to explain why the dow is down more than the s&p 500. there's not a huge exposure, helping to explain why the tech strength for the nasdaq is down. , goldman sachs, jpmorgan and morgan stanley, we have had a string of disappointing earnings reports with that income declining and goldman -- goldman sachs mistreating estimates. morgan stanley reports tomorrow, so some investors may have missed trading estimates for goldman sachs and jpmorgan. plus we have had yields to me down act as a bearish headwind for these stocks. let's take a look at some stocks moving to the upside. health care for the dow is the best sector and novartis is rising after the company put up a mixed quarter. 8.5% after their cancer drug was approved. they put up a beat and raise quarter and that is helping the doubt in a big way. is the fact the health care bill, the latest version is dead and it is unlikely, they do not have the votes to

check in on the market action futures yesterday responded after yellen's remarks up about 0.6% the dow and s&p, dow a record close and nasdaq led the way higher up over 1%. within the s&p, it was the tech sector that was the best performer. financials did lag because of the effect on yields futures this morning as you can see expected to open modestly higher around 30 points for the dow, nasdaq best in percentage terms this morning ten year treasury note for you because we will see the slippage in yield, back down now toward 2.3% threat effect net effect still higher yields year all >> but the gains that we saw and comments from janet yellen extending into asia trade. take a look at how stocks ended there. positive across the board. china data alsole encouraging june exports from china rising 11.3%. you can see the japanese and nikkei holding flats, but the hang seng higher by over 1%. and take a look at the story here in europe german inflation rising better than expected, but consumer prices slipping in france. you can see meantime we're positive in europe in early trade. dax unabop about

the dow and s & p were both in the green, but the technology sell-off left the nasdaq down. disagreements over details in the healthcare reform bill, including the taxes in the law. the trump administration did have a big victory. the supreme court allowing much of the administration's six-nation travel ban to go into effect thursday night. it went into effect with no issues. it will hear the case in october. martin shkreli was known for hiking the price on an hiv drug by 5,000 percent. one juror said he would only be i am partial on deciding which prison shkreli should go to. wall street watching lots of things this week. battles on capitol hill and even the president's twitter feed which some say may be getting in the way of his check agenda. jason, you have been a long-time participant in "wall street week." so we are happy you are here. tell me what the market are focused on. we have a bill sitting in the senate. here we are on july 4 weekend. they didn't do it. do you have confidence they are going to get this done? >> the market is probably telling you at the very leas

more tech selloff related than politics because the dow and the s&p only slightly lower, 34 points forhe dow. s&p down about 8 points. the dollar board for you in terms of reaction, we did see the dollar yesterday soften -- gain about a quarter percent before the politics news came out. the dollar very much weaker but not significantly. the euro and the pound higher by 0.3. the dollar flat against the yen. we had various political stories out of japan this morning in terms of the defense minister resigning, questions of whether there will have to be a full cabinet reshuffling for shinzo abe. what does that do to equities. also data out of japan this morning. the story was one of mixed data. employment good, retail sales bad. a soft day for asian markets the nikkei down 0.6%, career down i2% european trade, coming into the session, flat for the week a big selloff as you can see, various earnings reports coming in and reaction to the news overnight in washington, perhaps playing a bit. generally speaking france down 1.4% nearly 1% declines across most markets. ten-year treasury note tick

the dow and s&p 500 finishing the week at new highs despite the rest headlines critics say are a new for the white house. history shows a booming market and an economy could determine if president trump survives or not. i think the best example bush of the second and clinton clinton was mired in scandals. with a degree economy despite him and because of him with the internet and stuff like that the market was rising. you can dislike the guy just because of that. bush was will loved and that he was the most hated president at the end. all of his policies involving us all is because we entered a recession right near the end of his term. if the stock market keeps up and trump can do anything even if it's staying out of the way and solving government dysfunction to get this economy working that's what people care about. do they have a job. can they go home after work and have a beer and watch monday night football. they don't care about the politics stuff. that will take care of the stock market. things will be booming. it was out about 17 and a half% before nixon resigned. the controvers

the dow and s&p 500, they fell slightly yesterday. they also are near record highs. what's driving it. a goldilocks economy. one just right for the market. moderate economic growth and improving jobs market, low inflation, and solid corporate earnings. companies are making a lot of money, and when companies make money, their stocks go up. speaking of earnings, this week is the busiest of the season. today mcdonald's, gm, chipotle, and at&t also report. >>> it's a rare event -- google profits took a hit. parent company alphabet reported earnings' profit fell 28% because of a record $2.7 billion fine from european regulators. the eu claims google uses its search engine to unfairly steer consumers to its own shopping platform. google is weighing filing an appeal. otherwise, alphabet had a strong quarter thanks to its ad business. overall sales grew 21% to $26 billion. $26 billion in just one quarter. >>> good news, good news, everyone can stop freaking out -- microsoft paint isn't being erased. m.s. paint has been around for 32 years. there was a brief panic on line aft

and target to compete. >>> willow tree farm is recalling tuna salad products. the product labeled buffalo chicken salad was sold at whole foods store in new york, new jersey and connecticut. the dow and s 500 had tiny request gains while the nazareth sack closed down -- the nasdaq close down. >>> despicable me iii came in at $75 million. baby driver took the second spot, transformers came in 3rd. >>> crayola reteared the yellowish colored dandy lion. there's a new blue color, dreams come blue, bluet. ful. star spangle blue. you can vote. >> star spangle blue mostly appropriate for this week. >> but after this week eh. >> firefighters douse a fire at a blaze at a business. >> it is an uber ride one man regrets, fios is not cable. and we believe everyone deserves faster internet. so with fios gigabit connection, you get amazing download speeds up to 940 megs 20 times faster than most people have. and it's just $79.99 a month online for the first year. switch to fios gigabit connection with tv and phone for $79.99 a month. plus hbo for one year and multi-room dvr service for two years. all with a 2-year agreement. and switching has never been easier. get out of your contract with up to a

abigail: the gains not looking large, but we are looking at records for the dow and s&p 500. e doubt in less than five points away from an all-time high. s&p 500 less than a half point from going into an all-time high. the last time it happened, june 19. bullish action despite the fact the gains are not huge. take a look at emerging markets, the uptick -- the index up for five days in a row. driven by this action, the one week chart of the 10 year yield. it is down 10 -- about six basis points. and earlier down even more on pace for its best week since the middle of april, all of this after janet yellen delivered testimony that was expected to be, or thought to be dovish for the markets. helping the emerging markets, they benefit more when the rates are lower, helping the developing countries. lower on economic data today, but trying to climb higher. it is also influencing sector compositions in the u.s., we are taking a look at the group rate return function. we see grain except the financial sector, down. dragged down by the yields. big banks did report earnings today, they

the close. dow is up 990 points now s&p up 12 and nasdaq 40 and russell up six another record close for the dow and probably the s&p and maybe for the others as well we'll check on that. falling mortgage income is falling on quarterly revenues. we found that out this morning up next, the company's cfo joins us to talk about what's behind the drop and react to senator elizabeth warren for fed chair janet yellen to remove bank's board members. >> speaking of the banks, very a bet on whether banks should be betting on regionals or the big banks coming up, and we want to hear from you as always. reach out to the show. do you this quite often. you can do it on twitter, on facebook and send us an e-mail you're watching cnbc, first in business worldwide hey dad, come meet the new guy. the new guy? what new guy? i hired some help. he really knows his wine. this is the new guy? hello, my name is watson. you know wine, huh? i know that you should check vineyard block 12. block 12? my analysis of satellite imagery shows it would benefit from decreased irrigation. i was wondering about that. easy boy. nice

and make it go away. dagen: if you look at the markets, first half of the year, incredible for stocks. nasdaq was up 14%. 8% for the dow and s't get to work and do something about fixing ? >> i don't think it can. look, maybe other than adrian, otheeveryone on this panel was excited when trump got elected. not so much for the personality of trump let's leave that aside, there that we are going to seen? those things you mentioned.ó,ñ?? not necessarily the lower taxes but tax reform. do somethinghñ?ñ? smart about immigration, even if it was somethingatñ?ñ? symbolic like ba wall.ióñ?ñ? maybe not repeal obamacare but take the burden off the working class that are paying!ñ?ñ? 50, , 70% higher premiums. instead we are seeing none of that happened. have you not seen house of cards? they're just goofing around, going to parties. they should be working in august otherwise you're right. this economy, this market could flatline until something gets done. is the lowly congressman.ut woe they make $140,000. year. get to work. you're getting paid. >> i'm not defending the schedule of members of congress, i'm just saying somey÷ñ?ñ? of to h

the british open, gets under way. >>> and superhero sci-fi and pop culture fans are flock to the san diego convention center for the four day comic-con. >>> wall street continued to rally wednesday. the dow, snd nasdaq all gaining. landon dowdy joins us. >> good morning. the dow, nasdaq and s&p 500 all gaining yesterday. you want to look for data today on unemployment, manufacturing and more earnings from travelers, union pacific, ebay, microsoft and visa. meanwhile, a new survey finds negative publicity cannot only hurt a company's brand but also its ability to recruit new talent. career builder found 71% of american workers said they would not apply to a company experiencing bad press. women are more likely than men, 71% to 69% respectively but bad publicity rarearely deters peop from leaving their jobs due to bad press. and facebook subscriptions would charge for articles. it would likely kick in after readers read more than ten articles. >> what hit song just broke the world streaming record? and dreams come true for kids at disney world. you're watching "early today." no, please, please, oh! ♪ (shrieks in terror) (heavy breathing and snorting) no, no. the running of the bulldogs? surpr

up higher 24 on the dow, twef12 the nasdaq and s&p up about 3. p and dow flat yesterday, but had declined on the news of donald trump jr.'s e-mails being released but recovered by the end of the day. dollar was down around 0 .3%, bt did gain again against the yen that is reversing today. the dollar slipping against the yen half a percent elsewhere a little bit of dollar weakness against the pound gold prices gaining slightly time for our must read stories my pick is in the "wall street journal. they outthe line the potential defense case against the latest round of news against the administration and russia particularly the donald trump jr. e-mails. and really saying here that there isn't enough evidence again for someone to go against it, particularly he writes a lot of what you're seeing is just naked political warfare at which team trump is failing badly in faskt getting buried his point saying there is still no fundamental evidence against the trump administration, but it's hurting donald trump and certainly taking its toll. and if you want to

lea: on wall street, the dow, nasdaq and s&p hitting record highs yesterday. ld keep power in the rally. the u.s. stock market futures now. dow futures higher by 11. nasdaq higher by almost one. gerri: always on the european central bank going on right now. but what they say about the european economy? a live report from london. european stocks higher above the ecb conference. lea: stocks rising to the nikkei jumped 6 cents 1%. bank of japan would keep its economic stimulus plan in place. the company could announce other reorganization. >> o.j. simpson set for a parole hearing. gerri: 5:01 a.m. in new york. 5:31 actually. good morning. i'm gerri willis in for cheryl casone. lea: i am in for -- lea gabrielle in for lauren simonetti. john mccain diagnosed at an aggressive form of brain cancer. doctors from the tumor after they removed a blood clot. president trump treating melania and i send our thoughts and prayers to senator mccain, cindy and her entire family. get well soon. former president obama saying john mccain is an american hero and one of the greatest

the dow and s&p taking a midday dive dow singing more than 100 points this is donald trump jr. tweeted out screen shots of e-mails s setting up a meeting with the russian lawyer the fear though quickly displaced and this is what we've seen all year long during these trump related sell offs. and the revelation of those comey memos. stocks have always come back and then some. so with the rally remaining resilient, the is trump drama not a risk to the market do you keep buying these tantrums >> you know what, yes, is the short answer because that's to your point, you talk everything through it that's been the pattern. it's been broken coupled with that is the fact that b ooefb on a day like today, volatility index, vix was down 2% it won't care until it does. that said, you know, the rally's still in tact. the only thing that's going to derail this is earnings. now, you're going to get the earnings growth that everybody wants. my question will be will you get the revenue growth that to me is really the big story. zbl yeah, no question. today wasn't a panic scenario. when the news h

the nasdaq was up 0.4%, the dow and s&p flat within the s&p, tech the best sector, up 0.8%, real estatedown 0.8% this morning as you can see, dow holding on to slight gains, s&p and nasdaq looking at slight losses at the open 10-year treasury note, of course, yields have been a big story, picking up, moved up about 20 basis points since the june trough in yields in the u.s. yesterday they paused and sift a bit, today back to rising 2.39%. yields in places like europe have risen more from the june trough, more like 30 basis points that's why we haven't really seen a strong dollar reaction to the rise in u.s. yields. >> as for the asian picture overnight, saw some pockets of real strength, including in hong kong, in japan, teeing off of that weaker japanese yen the yen is at the weakest against the dollar since mid-may, and that's helped the nikkei rise about 0.5% overnight. shanghai comp goes down about a third of a percent korea goes higher. early action in europe indicates also some strength following asia higher, at least ifyou're looking at the german dax, up 0.2% the rest of the con

dow 21,411 right now. >> i'm nicole petallides on the floor of the new york stock exchange with this fox business brief. the dow jones industrial average higher. the s&p 500 andasdaq, the dow gaining 95. the s&p up 15, the nasdaq up 53. shares rallying after stronger than expected junes jobs report. temporary health services industry growing almost 4% annually over the past five years. and it's a good day for the homebuilders. lgi homes sector across the board after reporting a record second quarter. lenar and kb homes jumping higher. shares of tesla rebounding after jumping in the past sessions. elon musk says he's going to build the largest lithium battery system in australia. also giving an update to monday's delivery numbers saying an additional 3,500 cars are in transit to the customers. and we've got more on president trump's highly anticipated meeting with russian president vladimir putin. so we need tablets installed... with the menu app ready to roll. in 12 weeks. yeah. ♪ ♪ the world of fast food is being changed by faster networks. ♪ ♪ data, applications, customer experience. ♪ ♪ which is why comcast business delivers consistent network performance

. >>> let's get right to it because as the dow and s&p close ever so slightly higher, there was somewhat of a stealth rally in one beaten down group of stocks check out xr up more than 3% it was a number of department stores that actually outperformed, kohl's and dillards up 5% tj maxx, up 4% macy's and j.c. penny both up 4% is that th the start of a retail resurgence let's go to the man who called the worst chart in the whole world. >> it has been for six or so months making it a series of higher lows and lower -- you got it got the point. here's the deal. we are overstored as it relates to department stores they've been going down for almost two years now, the fact we're starting to see these bounce a little bit after a series of strategic deals. back to the amazon purchasing whole foods for $14 billion. the announcement that i think helped nike a whole lot today. that they are going to be opening a store front on amazon, a digital store front. these are strategic deals. they speak to the challenges in retail and when you look at the store, we know this well that there is just way too

the dow and s&p 500, they're down slightly. you know, they're still close to record highs. ll tell you why in a few minutes. first, to housing. a fascinating number in the housing market. existing home sales fell in june as prices hit record highs. sales of previously owned homes basically have been flat since march. the problem here -- simple supply and demand. demand is surging due to a strong economy, improving job market, new millennial home buyers. but there isn't supply. inventory hasn't caught up. sending the median sales price up 6.5%, 263,800, a record high. many homeowners are staying put as prices rise. first-time home buyers are not finding affordably priced homes. more people are renting. a study finds the more u.s. households are renting now than at any point since 1965. hello, american dream of home homeownership. a majority cite financial reasons. isn't that really interesting? >> yeah. you hear about markets, denver where i'm from, people have to pay cash. >> yeah. >> just to get the home they want. >> denver is a red-hot market. so is dallas actually. >> in

. >> we have the dow, the s&p 500, and the nasdaq all modestly higher. e dow and s&p 500 are on pace for the record closes. the emerging market index up strongly once again, up more than 1% on janet yellen sharing -- take a look at u.s. steel. this is exciting, shares spiking , this afterout 5% president trump said he is considering steel tariffs and quotas. this really is not news. i just spoke to andrew cosgrove of bloomberg intelligence. he says this is ongoing. but with steel down this year, investors are looking for any sort of catalyst, and this seems to be is today. we did see a new gop version of the health-care bill, and we have a bit of a mixed reaction. 5%.unity health down about those companies stand to lose the most if obamacare is repealed, but we have a mixed reaction with managed-care companies that do have a good medicaid business. another oneg to be that will come down to the wire, so we actually know what is going on, because stocks are giving a mixed picture. back: for now, let's get to the sun valley conference in idaho, where the big

the dow and the s&p are negative now and so is the russel no, russel still positive, so that's in record territory the dow and s&p if they finish positive would be in record territory. nasdaq eight or nine points away from its all-time high the senate health care both is delayed so senator mccain can recover from surgery what steve forbes thinks the delay will do to its passage. >>> and then citigroup upped the ante in the market for premium credit card rerdwas. what the banking giant is doing to attract new customers and how it compares to rivals. that's later on "closing bell. whoooo. i enjoy the fresher things in life. fresh towels. fresh soaps. and of course, tripadvisor's freshest, lowest prices. so if you're anything like me... ...you'll want to check tripadvisor. we now instantly compare prices from over 200 booking sites... ...to find you the lowest price... ...on the hotel you want. go on, try something fresh. tripadvisor. the latest reviews. the lowest prices. >>> senator john mccain's medical condition is going to delay the vote on the gop health care bill. beyond his absent t

unless than four minutes to go before the close, the dow at a new high and the s&p 500 also at new highs new york, this is bloomberg. ♪ ♪ joe: the s&p 500 and dow hitting new records. inflation data came in a little iffy. if you are tuning in live on twitter, welcome to our closing bell coverage. every weekday from 4:00 to 5:00 eastern. scarlet: let's begin with our market minutes. another green day for stocks. the dow gaining 87 points. s&p 500 adding 11 points. up by at least 4/10 of 1%. the way, this marks the sixth straight day of gains. this is on the heels of disappointing economic data. joe: remember rotation. scarlet: what happened to that? not another story that did pan out. julia: it is all about the day do, who cares about fundamentals? moving on. scarlet: look at returns for the week. guess who is the big winner? technology. up by 4%. energy stocks a close follow-up, getting by 2%. there was a downgrade from bank of america. this is a defensive sector. financials a pullback for that sector with the earnings reports today. taking a look at the big movers for the day, sprint ge

flparticular yesterday the dow led things higher particularly by at&t the other two indices positive, but not by much. this morning the nasdaq standing most pretty. the dow and sby a tenth of a percent. >> ten-year treasury note did slip after a comment from the fed which was broadly expected but certainly interpreted as dovish whether that was because comments around inflation being below target or the confirmation that the end of the summer might see balance sheet reduction and potentially lessen the need for rate hikes 067.6 move down in t dow. >> as for the asian session overnight, let's show you what happened there strength from the u.s. and commodities in particular helped translate into better stock performance. the nikkei rose more than a tenth of a percent hong kong closed up almost throuthre quarts over a percent. early action in europe, a mixed picture. we've been digesting a mixed bag of earnings. losers like deutsche bank, ne nest nestle the oil companies have been big winners. the dax is down a half percent france, ftse 100 in france and italy all in positive territory. as for the u.s. dollar, the weakness we've seen surprised a lot of people. ev

yesterday we had the dow and s&p leaving the way. youy we have all three of s&p is the weak link among the three. if you look at the earnings microdevices, topping the s&p 500 with again of 9% after the chipmaker predicted third-quarter revenue will rise, leaving it room to beat analyst estimates. boeing coming out with monster cash flow, free cash flow at $4.5 billion, more than double what analysts had been estimating. the company is also returning cash to shareholders and its earnings beat estimates and forecasts, too. the best-performing stock in the dow this year. at&t shares rising as well, the biggest gain in three years. it is posting a surprise wireless subscriber gain. analysts had been predicting a drop. gain of 127 thousand subscribers. here are the three worst-performing stocks in the s&p. that handles web traffic, that company's third-quarter numbers missing estimates. some of these media companies are bringing some of the traffic in house rather than outsourcing akamai.e likes of universal health services is the second

the money will be going towards life, liberty and the pursuit of preservatives because the national hot dog and sausage council predicts we will eat 150 million hot dogs on the fourth of july. >>> the dow and s500 booming but dud. >>> and a word of caution. the government says fire work sent more than 11,000 americans to the emergency room in the weeks surrounding the holiday. so do be careful and do be safe. have a healthy and happy fourth of july. that's business. i'm neil cavuto. i'm neil cavuto. z2ejcz z16fz y2ejcy y16fy >>> elon musk says the car should be finished by cost, this is so much less than the first few versions. $35,000! the electric car will be able to travel about 215 miles on a single charge. it will accelerate from 0-60 in six seconds. tesla is hoping to produce about 100 cars next month, more than 1,500 by december and 20,000 by december. >> there are people who have put thousands for one of those. >> space x is back on earth tonight. the international space station. it's been attached to the space station for almost a month. it's also the first space craft owned by a private company to arrive at the iss since nasa's space shuttle program ended in 2011. >> next at 10:30

the dow and s&p 500 up 1/10 of 1%. the nasdaq up 2/10 of 1%. h the dow hitting a new all-time high. the nasdaq finished down half a percent. and will be interesting to see whether tech sellings continues today. coming to what is trading lower on the open, we have to of the auto part makers taking lower. this is after the second quarter cost rose versus the previous guidance of three to 5%. and bit of a miss. the ceo said april started off strong, but the rest of the quarterly environment was challenging. autozone trading down in sympathy. oil is down more than 1% on the session, the first down session. some of the near-term technicals may be bearish. exxon mobil,, consulates, and chesapeake all trading lower. forgy is the worst sector the year and i could help to explain why the s&p 500 is underperforming the stoxx 600. 7350.s g #btv the s&p 500 is up 8% on the year, but the stocks is up closer to 14%. it probably reflects more of a political situation. the stoxx 600 took off after the first round of the french elections. political jitters out o

both the dow and s&p 500 closing a at brand new record highs. ords ending higher for second week in a row. there you go, connell. connell: love those records. the senate's august recess already has been delayed two weeks. efforts to get a health care deal through have been sputtering with multiple versions of health reform released and gop senators divided how they should move forward. so can the republicans unite under one solution? to the house side, republican congressman tom reed, state of new york. he is member of the committee. like all of us you have been monitoring what the senate is up to, is there version, maybe put forward by the republican establishment you can support? >> we'll see what the senate puts forward. they have to get on the bill. go through the amendment process. depends what the final bill looks like. the bottom line i hope the senate acts because doing nothing is not acceptable for the american people. connell: that is the question as we look at key changes put forward in the proposals out there. one of the questions is,

. ♪ rishaad: 9:29 and here in hong kong as weak count you down to the start of the session, looking like a down day you and what happened on the dow and sacific stocks under pressure, one eye on what happens later today, that all jobs report from the u.s., the most important data point of the year, 175,000 jobs expected to be created in june and the american economy. haidi: we want to see jobs growth, but also wage growth. arguably unless we get a really ugly print on that nonfarm payrolls number, it will not make it difference in terms of this tantrum over global sovereign bond markets continuing into the asian session. china and hong kong markets opening. willow bay add joy to a session that has been down for asia so far. joy to be had when it comes to the trading session in china and hong kong. the csi 200 falling a third of a percent after the shanghai composite hit a three month high on the back of the advance we saw on thursday. today, on the back foot, the hang seng falling .4%. the bojw following stepping into the beat of its own drum moving to contain yields and will buy an unlimited amount of debt and a fixed rate operation, s

the day. nasdaq off about four, the s&p 500 added three. as for the first half of the year, the dow and the s&p were up 8% and the nasdaq was the big winner. a gain of 14%. first half showing since 2009. as for oil, it climbed for a seventh straight session today, pu it is down as you see there, 14% so far this year. biggest first half decline since 1998. >>> well, in the first half of this year, investors plowed a record amount of money into chan exchange traded funds. these are passive and less expensive than others. bob pisani takes a look at the moe mentous first half of e the tfs. >> they're having a banner first half of the year. they saw inflows of 247 billion, inclecreased about 10%. just shy trillion. been quite a run. they've been positive for 16 straight months. what's going on? mostly about saving money. investors have been switch iing because they're cheaper. a etf might charge 0.3 while a typical mutual fund would charge 1%. doesn't sound like much, but it adds up. it's also about performance. they pegged indexes like the s&p 500. active managers who picked stocks themselv

the dow and s&p on pace for the best year since 2016. about 14% on pace for its best year since 2013. we have had some tech selling recently. it will be interesting to see whether that lasts. the russell 2000 lacking. small caps are considered to be a leading tell. the fact they are underperforming could be a signal. something to keep an eye on. as for the s&p 500 and technicals on what could be next, this is a one-year chart. we see a beautiful uptrend. the s&p 500. is holding the uptrend in blue. minor resistance in pink. testing the&p 500 50-day moving average in orange. if the s&p 500 stays above that and rises above the minor resistance, we will see it up above 2500. below the moving average it would not be surprising to see the s&p 500 moved down to where yellow.dat averag in keep an eye to see whether the bulls are the bears -- or the bears are in control. there is no upside left. this is a three-your chart. in blue, the s&p 500. forecast the average of strategists on the street. they plateaued at 2200 and took a jump up. is there

the dow and s&p up half a percent. the nasdaq have been up about .6%. the other averages less. now we have the nasdaq trading lower but still we have strength after weekly declines are all three major averages last week, especially the nasdaq. had been down 2%, the worst week of the year. let's look at some of the more breaking data coming out. june,les for the month of gm, ford, toyota, nice rallies here for the three big carmakers here in the u.s. outside of gm, we had beats with light vehicle sales. general motors missed but it seems the optimism around the second half are helping shares. tesla higher by 2% after elon musk said the company received -- notl for the model 3 approval but regulatory requirements were met for production. they expect the first model three to be produced this friday. worth noting, the stock up 69% , and not a sell the news event. investors are buying this. now let's take a look at oil, row, it'says in a since last year. the supply glut fears erased right now. perhaps an interesting trading thing going on. if you look at the bloomberg, this is the o

vonnie: you're covering the dow and s&p. -- can policy go on? w f ei director might be nominated. this whole investigation can take place separately? alex: this is not mitch mcconnell's problem. he is going to keep completely clear of this. we probably won't hear him say anything about it. to look at it cynically, this could be helpful to mitch mcconnell. it does take away media attention and a good deal of public attention from what he is trying to do with the health care bill. vonnie: regarding jerod kushner who has had a huge role, would it be helpful to distance themselves from him? alex: there has been some speculation about that. there is no indication the jerod kushner has any intention of leaving the white house or that his father-in-law once them to leave. that would be a surprise move. there has been speculation by perhaps the that white house would be better served without him and it. vonnie: how will these revelations help the democrats? is there anything concrete there? alex: i don't see anything concrete right now. there is a tide t