i'm joined by tyler mathisen >> a lot of assets moving up stocks one of the best june since 1938 and bonds moving up in value bitcoin has been moving way up in value but a lot of people have overlooked gold which is up 10 plus percent this year much of that return coming in the month of june. we'll spend some time on power lunch today looking at what is behind the rise in gold and whether it can continue throughout the rest of the year. that's on "power lunch" at 2:00. >> over 1,400 announced just in the last -- >> hasn't been that high since 2016 >> have to turn back the calendar >>> here's what's coming up on "the exchange. >>> coming up, is fedex suing the u.s. a play against our government or a play to win over china's? >>> you want an ad-free internet, it will cost you >>> "th" oris coming to a high school auditorium near you that is ahead in rapid fire.ion. part of you... t your brain. with an ingredient originally discovered in jellyfish, prevagen has been shown in clinical trials to improve short-term memory. prevagen. healthier brain. better life. your daily dashboard from f

i'm tyler mathisen big rally as the weak jobs report makes a fed rate cut seem more likely. that's what's cheering equity investors, as you see, the dow nearly up 300 points nearly 30 right n2 right now on for the best week of the year as is the s&p 500 we have to show you shares of beyond meat or as i like it, bed, bath and beyond meat. up 35% today $25 a share. six weeks ago. kelly, i know you've been following this. >> above and beyond. way beyond meat. any superlative. down to the floor, where bob pisani is tracking those moves and so much more >> kelly, i've been saying a lot of hope this week. hope on china and mexico tariffs, on the fed will come to the rescue of the economic numbers. and you know what? it's all working the s&p 500, the last three months 29.45. into april, beginning may, down to 27.45 and we've regained more than 50% of the losses and we still don't have any kind of trade deal that's what i call hope and the trade related names that have been moving here in materials and semiconductors and airlines this week. we've seen huge moves. take a look at thes

tyler mathisen >> brian sullivan. like old times two virginia guys right here >> see, congress, if we can come together >> if we can come together, you should be able to get something done we'll talk a lot about the fed because the meeting begins later this week. we're going to hear from one person who thinks they're going to cut this week by at least a quarter point. others are a little more wary of that idea. think a cut may come in july or september or whatever. but an awful lot is hinging on that yield curve inversion all of that stuff on the table, we'll talk about that on "power lunch" and more >> i can't wait. >> nice to see you, man. >> nice to see you, as well. i'm all choked up. here is what else is ahead on "the exchange. >>> coming up, is silicon valley turning into a chaos factory huawei's hefty hit. >>> weather woes taking a toll on the u.s and taking autonomous delivery to a new level man: stand up if you are a first generation college student. stand up if you're a mother. if you are actively deployed,

i'm tyler mathisen big rally as the weak jobs report makes a fed rate cut seem more likely.

to tyler mathisen for a cnbc news update. >> here is what is happening at the this hour, folks the pilotf the other jet was able to eject and was found alive in a forest. >>> a fire engulfed a sprawling ammunition depot in kazakhstan that forced the evacuation of tens of thousands. about 1,000 police and army troops were sent to the area to maintain order the cause of the fire not clear. >>> the supreme court has struck down a section of federal law that prevents officials from registering trademarks seen as scandalous or immoral. it ruled the century old provision is a constitutional restriction on speech. >>> and italy will host the 2026 winter olympics in milan taking the games to the country for the second time in 20 years. the ioc chose italy over sweden despite a debt-hit economy that faces increasing european scrutiny italy last hosted in 2006. that is a cnbc news update at this hour. >> they seem pretty pleased. that was a huge celebration. >> yes, indeed, it was >> you can say esthetician that's a hard word >> i'll see you in a half hour >> thanks, tyler. >>> here is what is sti

i'm tyler mathisen nice rally at this hour. the s&p about 1% from its all-time closing high. the dow about 1.5% from its own record close up almost 415 points earlier today at the session highs now up about 350 or thereabouts. the nasdaq on pace to close uv its 50 day moving average for the first time since mid-may let's get to bob paesani on the floor of the new york stock exchange with more on the rally. >> thhello. tariffs and trade are what moves things here's mario draghi at 4:30 in the morning our time talking about more stimulus potentially coming markets up 15 points here's president trump saying he's going to meet with president xi this is 15 points, another 15 points that's how you move up trade and tariffs and anything from the federal reserve we had emerging market etfs all up here. china, south africa, brazil, turkey, all up nicely. here in the united states, trade-related names. i'm talking about semi-conductor stocks like micron, example, all the steel names, ak steel, all up rather noticeably dovish central banks is the big story, and it's not just draghi. dra

i'm tyler mathisen nice rally at this hour. the s&p about 1% from its all-time closing

. >> this is a first four-person desk with tyler mathisen hosting this will go down 30 years from nowis night yeah, baby back to you, ty! >> thank you, guy. that does it for us here on "options action. you know what happens next don't go anywhere. "options action" will rejoin you next week at this time the following program is a paid commercial presentation for total gym fitness. [music] everybody work out. feel the energy. build a better body. the best you can be. another body easy as 123. oh. ahh. better body as easy as 123 with total gym. i ab

live from the nasdaq market site, overlooking new york's times square, i'm tyler mathisen in for melissa lee traders are tim seymour, carter worth, steve grasso and guy adami. i'm calling this the xi 20. >> oh. >> i love it. >> the xi 20. >> love it. >> but the chart master says there's trouble brewing and ubs slicing its market tesla for the third time on the year stocks closing out the best first half of the year in two decades. the s&p up an impressive 17% tech, far and away the best performing sector, up 26%. health care, the worst, up just 7%, trailing the broader market. with trade talks john going and fed cut hope still high, do you stick with what is working guy adami? >> first of all, tyler, tyler matheson. >> it is special. >> he's legend. >> as special as new year's eve. >> it was new year's eve, the last day of trading for the year this is the last day of trading for the quarter. they call me the closer! >> you're doing a great job. >> the closer! >> the ramp up late in the s&p 500. i know steve has been on back of this market is going to rally, and the market has been rallyi

. >> this is a first, a four person desk with tyler mathisen, this will go down 30 years from now, peoplet. >> broadcasting hall of fame. >> back to you ty. >> thank you, guy, that does it for us here on "options action." don't go anywhere. you know what happens next, "mad money" starts right now. "options action" will rejoin you next week at this time see you. - [announcer] the following is a paid program for automatic home standby generators. brought to you by generac power systems. - [narrator] there's no place like home and today, you rely on power more than ever for all the comforts you love. but when your power goes out, you feel helpless, out of control, you're in the dark without air conditioning or heat. food begins to spoil. many people lose clean, running water. the home network and internet are down. your home security system is useless and the basement sump pump is not working.

be a difference, but it is another player >> we will be watching i will go downpower lunch and tyler mathisen >> new at 2:00 for a thursday, china holding their ground between talks with president trump and xi we will go to the state of play at this early hour over there in japan. boeing shares getting slammed after a new flaw was found >>> and coffee stocks are hot right now. we will tell you why and if it is worth getting in on this trade for a cup. power lunch starts right now let's give you a check on the markets at this hour the dow carving out modest gains, it would be high fer it wasn't for boeing's drop you see there it is up about three quarters of a percent. we're also watching nike courtney just talking about it >> the trade war front and center today china playing out terms for a trade deal kayla tou kayla tausche still live in japan. >> yeah, the president may be laying out terms this week and we know how the u.s. might respond to them. they want a relaxation of that ban on huawei parts. the president said he is willing to negotiate on that and he expected it to come up that is n

i'm tyler mathisen melissa lee is here and new at 2:00, president trump on cnbc earlier today weighing in on the trade war with china and the threat of tariffs on mexico. also taking aim at the fed yet again. plus, rayt hrheon the president raising a few concerns about the deal. $4.5 million for a baseball jersey babe ruth's personal memorabilia going up for auction with lots of other items we'll give you a sneak peek at some of the mostinteresting things play ball. "power lunch" starts right now ♪ >> welcome to "power lunch." i'm melissa lee. the dow is up for sixth straight day but off the session highs in the s&p 500 now less than 2% away from its intraday all-time highs hit back on may 1st. check out shares of beyond meat. beyond expectations here soaring 25% today. the best performing ipo of the year, up about 580% since going public just $25 a share. >>> president trump on squawk box weighing in on the trade war. big tech and the fed and sounded off on the mega merger and the defense space. team coverage for that first, bob pisani at the new york stock exchange with the rally at

i'm tyler mathisen melissa lee is here and new at 2:00, president trump on cnbc earlier today weighingh china and the threat of tariffs on mexico. also taking aim at the fed yet again. plus, rayt hrheon the president raising a few concerns about the deal. $4.5 million for a baseball jersey babe ruth's personal memorabilia going up for auction with lots of other items we'll give you a sneak peek at some of the mostinteresting things play ball. "power lunch" starts rightow

for "power lunch" which begins right now >> kelly, see you in just a moment good afternoon, i'm tyler mathisen with melissa lee. new at 2:00, no deal with mexico, not now at least, new threats of tariffs against china as well. the markets are holding up are trade fears overblown, at least for this day or are the markets counting on the fed to bail them out we'll talk fed and the economy ahead of tomorrow's big jobs report and as google faces heat for being too big, it's trying to disrupt $150 billion video game industry. "power lunch" begins right now >> welcome to "power lunch." i'm melissa lee. stocks higher across the board at this moment the dow is up by a third of a percent. it's on pace for four day winning streak first in three months, also on track for its best week of 2019. s&p and nasdaq now in the green. boosting the index chevron and exxon are the biggest gainers. >> bob pisani at the new york stock exchange with more on the trading action this hour bob? >> reporter: kelly, we've had quite a ride this week, not just today. i want to show you the s&p 500, since the week started here

i'm tyler mathisen with melissa lee and new at 2:00, tech getting wrecked. facebook shares slammed right now. regulators reportedly preparing to investigate whether the social media giant is hurting competition. and anti-trust anxiety, alphabet plunging, close to bear market levels now the justice department may be gearing up to investigate its subsidiary google. we'll tell you about the fallout ahead. apple also in the cross hairs. a big event getting under way. we'll head there for the latest headlines and apple too may be facing some anti-trust scrutiny. "power lunch" starts right now >> and welcome to "power lunch" on this monday i'm melissa lee. this war on technology, the government is waging, is really, pressuring the nasdaq composite at this hour down by 1.4%. we're also seeing weakness in the s&p 500 down by just a quarter of a percent, also though 12 points off the session lows dow barely in the green coming off losses >> melissa, thanks we begin this hour with the big sell-off in tech the nasdaq falling into correction territory because of these m

i'm tyler mathisen new at 2:00 today, rally on. stocks surging we haven't been able to say that for quite some time on optimistic comments from the fed and easing trade tensions. we will break it all down for you today. >>> retail stocks on pace for their best day in five months but a major warning from one key name about the impact of the trade war and big tech, rebounding from yesterday's big sell-off regulation risks overdone? "power lunch" starts right now as i mentioned, there is a rally right now up 461 points on the dow. let's get a check on the rally this hour. with stocks near their session highs. nearly 2 percentage points higher major averages having their second best day right now of 2019 so far. the s&p breaking above 200 day moving average and nasdaq out of correction territory with today's big better than 2% gain. the move higher in technology fueling those gains, kelly. >> tyler, thanks >>> get straight to bob pisani for more at the new york stock exchange bob? >> hello, kelly. this is an oversold bounce of trade op

for "power lunch" which begins right now >> kelly, see you in just a moment good afternoon, i'm tyler mathisenith melissa lee. new at 2:00, no deal with mexico, not now at least, new threats of tariffs against china as well. the markets are holding up are trade fears overblown, at least for this day or are the markets counting on the fed to bail them out we'll talk fed and the economy ahead of tomorrow's big jobs report and as google faces heat for being too big, it's trying to disrupt $150 billion video game industr

i'm tyler mathisen welcome, everybody, to "power lunch.00, president trump heads to the much-anticipated g20 summit to meet with china's president xi will we get a trade deal signals of progress, whatever. treasury secretary mnuchin sounding bullish today. >>> and slack up 40% since its debut last week. a bullish new call saying it's going higher the analysts join us. >>> and the 2020 democratic presidential debates kick off tonight. see if you can list all of the people who will be on the podium tonight. see if r

i'm tyler mathisen welcome, everybody, to "power lunch. new at 2:00, president trump heads to the much-anticipated g20 summit to meet with china's president xi will we get a trade deal signals of progress, whatever. treasury secretary mnuchin sounding bullish today. >>> and slack up 40% since its debut last week. a bullish new call saying it's going higher the analysts join us. >>> and the 2020 democratic presidential debates kick off tonight. see if you can list all of the people who will be on the podium tonight. see if you recognize their names. we've got the top economic issues that will be front and center and dale earnhardt jr. joins us live "power lunch" starts right now. >>> stocks are up, after the session highs. the dow up 112 points earlier. intel, apple, boeing fueling the gains now. there were reports that boeing is in talks to reimburse airlines after that 737 max grounding. those planes still on the ground, kelly. >> thanks. we are just a couple days away from the end of the second quarter. the s&p racking up gains, but the

i'm tyler mathisen along with melissa lee, and new at 2:00, a big week for the fed and the markets, as brian just mentioned. will powell and company surprise investors with a rate cut? we will debate that, and the trade war continues to be front and center now on capitol hill. hearings today into the plan to tariff $300 billion worth of chinese goods. the sectors at risk. we will enumerate them for you >>> and the chaos factory. known as silicon valley. apple ceo tim cook slamming big tech the fallout ahead as "power lunch" starts right now. >> and welcome to "power lunch" on this monday i'm melissa lee. wall street in a holding pattern ahead of the fed stocks carrying out modest gains. nasdaq the biggest winner at this hour. communications services specifically, the best performing sector, led by facebook, netflix. we have much more on netflix ahead. it's all about the fed this week policymakers getting ready to meet tomorrow. a decision on interest rates set for wednesday followed by chairman powell's news conference steve liesman is here with more on what investors should be bracing

i'm tyler mathisen welcome, everybody, to "power lunch. along with melissa lee new at 2:00 today, chips taking a dip. a new and clear sign that trump's trade war is inflicting pain on these stocks a bad sign for the sector. is it also a bad sign for the market overall we'll look at that >>> demand for oil set to drop lowest level in years and growing tensions with iran we have the energy secretary rick perry will weigh in first on cnbc. the growing threat to housing. why it may turn into the biggest risk for the housing market in many a year? "power lunch" starts right now >>> welcome to "power lunch. i'm melissa lee. holding on to weekly gains pressure coming from semistocks as tyler mentioned getting whacked following broadcom's warnings about slowing demand. kelly? >> we begin with the red hot stock of the day shares of chewy soaring. leslie picker is tracking the action for us this afternoon leslie >> reporter: kelly, we knew people loved their pets but who knew investors would have loved their pet supplier this much chewy shares soari

i'm joined by tyler mathisen. >> little talk about interest rates and monetary policy.ed, people like to say they can ignore t you can't ignore the fed. >> never never. >> they are the ones that sent the market into a funk in the fall, brought it out at the first -- and now once again the fed to the rescue. we're also going to spend a lot of time in the next hour talking about housing and what these lower interest rates now down to 3.93% or thereabouts, what that means for house prices in your neck of the woods and what it will mean for borrowers, lenders and the rest we'll take a look at housing on the next hour. >> not a big impact on jeff bezos' penthouse which we'll also get a look inside. >> we'll get a look inside jeff bezos' penthouse probably paid cash. >> by the way, happy anniversary. >> thank you very much number 15 for yours truly, and my wonderful bride, joanne. >> congrats. >> thank you very much. >>> here's what's ahead on "the exchange." >> coming up, tim cook says apple is not a monopoly. is he right? investors are firing warning shots in the retail sec

lunch," which begins right now >>> kelly, thank you so much we'll see you in just a moment i'm tyler mathisen welcome. new at 2:00, fed chair powell speaking about uncertainties in the economy. it comes amid a number of warning signs. we'll break those numbers down for you. despite concerns, it's becoming a rally to remember. the major averages up 15% to 20% and the year is just about half done are the gains all done or is there more room to run and a $60 billion mega merger in health care. we'll look at the next takeover. "power lunch" starts right now >> stocks are under pressure modest pressure, but off session lows the dow and s&p having their biggest one-day decline since the end of may if that's the biggest you're going to get, hey, we'll take it big moves in bunds yields on the ten-year note falling below 10%. there you see it at 1.99, if my eyes serve me. and gold marching higher prices up 10% so far this month. six-year highs on gold more on the gold trade ahead kelly. >> tyler, thanks let's get to the comments from fed chair powell he was speaking in the past hour about the economy

i'm tyler mathisen welcome, everybody, to "power lunch.ith melissa lee new at 2:00 today, chips taking a dip. a new and clear sign that trump's trade war is inflicting pain on these stocks a bad sign for the sector. is it also a bad sign for the market overall we'll look at that >>> demand for oil set to drop lowest level in years and growing tensions with iran

be a difference, but it is another player >> we will be watching i will go downpower lunch and tyler mathisen> new at 2:00 for a thursday, china holding their ground between talks with president trump and xi we will go to the state of play at this early hour over there in japan. boeing shares getting slammed after a new flaw was found >>> and coffee stocks are hot right now. we will tell you why and if it is worth getting in on this trade for a cup. power lunch starts right now let's give you a check on the markets at thi

i'm tyler mathisen new at 2:00, president trump targeting iran with what he calls hard-hitting sanctions the fallout straight ahead plus, stocks headed for their best june in decades could you keep riding this rally or is the time to get defensive? and tech investing, the state of the nba, golden state warriors andre igwauodala will join us in the studio he's got a new book out. you should get it. "power lunch" starts right now >>> stocks are struggling at this hour, as you see there. two out of three in the red. but not by very much the s&p and nasdaq just negative the dow giving up much of its gains. still on track for its best month since october 2015 check out beyond meat. every day, we like to check out beyond meat. the stock in the red there's a little pun for you the red beyond meat. for the fifth straight day down 17% over the past week. there you see it, down 16 and change kelly over to you. >> we begin in d.c. today, and president trump targeting iran with more sanctions. ameamon javers has the latest. >> that's right. the white house announced the sanctions which came official

. >>> i'm here with tyler mathisen what is on the menu for "power lunch. >> we'll hear from the presidenthe's meeting with the prime minister of poland and we'll cover that >>> also do a feature called power lunch going to work. we'll take periodic look at the workplace and what it means for employers, employees and their benefits and so forth. today we'll take you out to tennessee where mars pet care is opening a brand-new headquarters and plant outside of nashville frank holland is going to be there. take us through it and we'll show you what it is all about. >> i hear it is very dog friendly >> that's right. take your pet. >> i want to see all those visuals. tyler, we'll see you then. thanks >>> here is what is still ahead on "the exchange." >> ahead, can tesla become a mining company why juul sales aren't going up in smoke and salad frosting at all ahead in rapid fire a because when it's decision time... you need decision tech. only from fidelity. ♪ call j.g. wentworth h. ♪ (phone ringing) j.g. wentworth, how can i help you get cash? i want to pay off my debt and move into my own plac

i'm tyler mathisen new at 2:00 today, rally on.g we haven't been able to say that for quite some time on optimistic comments from the fed and easing trade tensions. we will break it all down for you today. >>> retail stocks on pace for their best day in five months but a major warning from one key name about the impact of the trade war and big tech, rebounding from yesterday's big sell-off regulation risks overdone? "power lunch" starts right now as i mentioned, there is a rally right now up 461 points on the dow. let's get a check on the rally this hour. with stocks ne t

i'm tyler mathisen with melissa lee and new at 2:00, tech getting wrecked. facebook shares slammed right now. regulators reportedly preparing to investigate whether the social media giant is hurting competition. and anti-trust anxiety, alphabet plunging, close to bear market levels now the justice department may be gearing up to investigate its subsidiary google. we'll tell you about the fallout ahead. apple also in the cross hairs. webig event getting under way.

. >>> good afternoon, everyone i'm tyler mathisen here is your cnbc news update at this hour.ry of state mike pompeo departs saudi arabia for the united arab emirates this as he tries to build a coalition against iran pompeo did not discuss the mu d murder of journalist jamal khashoggi. >>> turning to an nba great to help battle an ebola outbreak. to persuade people in the cohn congo to stop the spread of the disease. >> around the world, it should be a concern of everyone living on this planet i think ebola is touching all of us if it doesn't touch you today, it'll touch you tomorrow >> great ball player and charitable person. >>> gas prices have fallen in the last couple of weeks maybe you noticed it it says regular unleaded fell by 11 cents to $2.73 a gallon on average. that is 22 cents lower than it was this time last year. that's the cnbc news update. scott, back to you >> thanks so much. >>> dunkin' brands hit an all-time high today. got upgraded at web bush that's the highest on the street they say the u.s. sales are at an inflection point. it's our call of the day joe

live from the nasdaq market site, overlooking new york's times square, i'm tyler mathisen in for melissave grasso and guy adami. i'm calling this the xi 20. >> oh. >> i love it. >> the xi 20. >> love it. >> but the chart master says there's trouble brewing and ubs slicin