i think managed care one of the strongest pockets, best of the sector and i think united health is oneharts and best of that managed care group. so it's a stock that has paused below its april high at around $550 some may see a double top. we see a pause in an uptrend i think as long as $500 support is intact that's the stock's 200 interday average i think it's a matter of time before united health breaks to the upside once market conditions possibly in the fourth quarter >> all right ari, thank you very much we appreciate your time today. >>> up next, bitcoin bouncing back this afternoon but not before crypto prices cratered. will put the moves under the microscope with the man who can bust the moves that would be dom chu. oh, i can tell business is going through the “woof”. but seriously we need a reliable way to help keep everyone connected from wherever we go. well at at&t we'll help you find the right wireless plan for you. so, you can stay connected to all your drivers and stores on america's most reliable 5g network. that sounds just paw-fect. terrier-iffic i labra-dore you roun

so access to care, maybe closer than you think with united health care.ore at uhc.com. >> she set it up into a trial now. >> call 1-800-1787 today to try lexi free for 30 days. >> this is cnn. >>> welcome back. it's just after half past 7:00 in london. i'm becky anderson. details just now coming in of how the public can attend the queen's lying in state. which will take place at westminster hall in london from wednesday the government here says people will be able to file past the coffin 24 hours a day. the closed coffin will rest on a raised platform and large crowds are expected. officials say people may have to cue overnight. airport style security they say will be in place. so only small bags will be allowed. in the hours ahead. the queen's coffin will be moved from where it is now to st. charles cathedral. there will be moments of grief. and they're not alone as thousands are mourning. >> you know it's going to come. but eupblg i think when you see the coffin that will make it real. and today singing god save the king. it was strange and quite emotio

having people who are on the other side of askagz of some of these moves like jason snipe who owns united health home depot agree or disagree, jason, with these moves. >> yes, obviously i'm sure is portfolio management, he's operating within his discipline. but when i look at health care and look at unh -- >> but. >> but, correct, i really like unh here when we're thinking about we're talking about cycles in the first block we're late cycle unh has so much momentum yes, it's up 3.5% year to date it's trading about 3.5 times forward. i think with a tight labor market, you know, unh will still benefit from all the tail winds i just mentioned, and it relates to hd, i mean hd had a really strong quarter this past quarter. net running profits were up 11%. i know the housing trades are slowing, but i think some of the housing adjacent names like hd, you know, the pro, they're busy. these contractors are very busy. there's not buying or slowing down but it doesn't mean the work on the homes are slowing. i would respectfully disagree. >> so, listen, united health care still one of our largest holdings i

i thought that was smart united health is long one of my favorites with the division and data and costcoly real retailer of any size that we own for travel trust other than tjx. you got a retailer, health care, finance. let's call it diversified industrial and a tech play but well insulated tech play i like this portfolio very much. i would not change a thing all right, next up we're going to kevin in texas, kevin >> boo-yah, jim, this is kevin and jude from sugarland, texas i want to give a shoutout to my dad frank the tank mitchell that recently passed away and i'd like to also ask you am i diversif diversified? amd, snow, nvidia, lucid and meta thanks. >> first, sorry about losing your dad i know what that's like and, you don't get over it but you're in the same club i am and i hope the grief is okay. it a tough situation let's go to work together. okay, nvidia and amd are semis in the same markets. we're going to say we're -- we're going to keep amd because it's cheaper than nvidia keep that in mind. meta another technology company too much like these so say no to meta and snow dpfla

specific plan related not transition of our medicare split families from blue shield to united health care and the schedule for the sfhss member services tome for the month of october. i will turn over the remainder of the presentation to our well being manager. who will walk you through the health fair and flu shot clinics. at the conclusion we will be happy to respond to questions the board may have. the change in this year's communication included re turn of in person health faris suspended during the pandemic. include a focus on introducing sfhss members to the canopy hmo plan last year's period. let's than 200 members transitioned this plan last year. however much of health net's advertising around the city went unnoticed by members. most were still wing from home due to the pandemic. this year health net reduced promotiums to make the second most affordable plan behind kaiser and extended network and service areas. our communications will out lining what makes health net care different. like the alliance referel program allowing members to referred to a specialist in different m

the department had filed an antilawsuit to to stop united health care's acquisition of change. ny will acquire change for $7.8 billion. change is jumping 6.5% right now. united wants to diversify its business beyond insurance and plans to merge change health care with its op tunnel, data and consulting business. united is just about flat on the session. investors taking a gamble on casino stocks on news that hong kong plans to ease its covid restrictions. beijing supports hong kong's decision, so u.s. stocks with macau exposure which, of course, is the chinese mecca of gambling, wynn, las vegas sands and mgm moving higher. paypal moving lower as susquehanna downgraded from positive to neutral. analysts worried that the online payment product will be a drag on the company. it's a drag on the stock. it's down 3.25%, but braintree accounts for 31% of paypal's total the payments but is expected to grow to 44% by 2023. >>> many have tried for years to come up with ways to scrub carbon from the if air we breathe. but they -- bet they never thought about this, how about capturing it an

united health, visa, boeing, the biggest adders to the dow. r s&p down 0.4%. the defensives are working utility, health care, real estate, industrials are positive on date. communication services, technology, weaker, along with energy off the back of oil prices and materials the nasdaq down for 7 days in a row. that's it for me on "closing bell." see you tomorrow we'll send it into "overtime" with scott wapner. >>> all right. thank you very much. welcome, everybody, to "overtime. i'm scott wapner you heard the bell we're getting started from here at post nine at the new york stock exchange in just a little bit i'll speak to eric jackson, why it's time to buy that space even with the nasdaq on this long losing streak speaking of, we'll get you set up for apple's big event tomorrow out in california what it means for the stock which some say right now is the most important in the market. >>> we begin with our talk of the tape nothing but negativity that is pretty much what you hear from almost every investor you talk to these days are things that

goldman sachs out with a basket of quality stocks to own among the names are home depot, united healthy more. joe, i'm going to start off with you. one of those stocks is alphabet, another one eog resources. the criteria is sample sheet, do you believe in this environment there's a such thing as quality or is it all just a wild card? >> no, i think there is in this environment a leaning towards quality and having companies in your portfolio that represent that how is it exactly you look at quality, frank, i think is very important. obviously i introduced an index called the quality momentum index. so it's got those two factors and identifying quality itself what's important and integral to me and looking at goldman sachs discussed things like return on equity, debt to equity and annualized sales growth. you invest in quality, you probably trade a bit more on momentum that's what i do you combine the two factors together and i believe over the long-term you're going to improve your performance but the environment you're in right now you without question need to lean towards quality, and

big tech companies they're the companies that are doing really well like chevron and exxon and united health. so i think -- i think earnings will come down right now we're at $250 about on 2023 earnings. >> that's way too high. >> i agree but let's say they're 240, they come in at 240 you know what the multiple is right now on $240 earnings it's 16.5 times. all those stats that i cited before, pmi, consumer confidence, gasoline prices coming down, this is going to buoy companies up to some degree the market and the economy is not as bad as it feels and not as bad as it looks. >> understood. but josh -- i'm going to go to josh >> okay. >> if the dollar remains strong, as you said, and even with the fed hiking rates and a lot of it by the way still getting through the system, getting through the pipes, haven't fully gotten there plus qt, financial conditions are going to tighten, the environment is going to be a bit different, right europe could be in a recession who knows when i find it implausible that earnings are going to hold up to the degree that jim lebenthal argues that they will. it's

i picked united health care yesterday for my final trade, but i also like animal health so i like zoetis. i like those two names and of course i round it out by owning j&j. i like the dividend yield and balance sheet there as well. >> i agree but i like that area, united health i think there's a lot of good stuff in there now we're getting interested in tootative surgical i think there's a lot opportunity at secular growth in health care. one of the points you talk about when you think capital out of the market what it makes investors do is return on invested capital it's not capital is free so my effective return is to be the risk rate. it's not we go back to the model and say what do i need that my equity return is higher than the cost of my capital. and that is to your point is where the druckenmillers made a lot of money >> let us know if you make a move in either of those. we're going to take a quick break. straight ahead billionaire investor jim chanos is going to join us right before he takes the stage here at delivering alpha. "halftime" is back in just two minutes. these straps

growth is strong, united health one of our panelists because that one of the best positioned healthcarempanies in the world, that and technology going down and it cells and finally this hugely profitable drug called humira which will face competition next year. it is 12 times next year's earnings but there are other drugs and growth will pick up after that. jack: thank you for that, we couldn't leave the segment without hitting that point. it may feel like the world is going craz (fisher investments) in this market, you'll find fisher investments is different than other money managers. (other money manager) different how? aren't we all just looking for the hottest stocks? (fisher investments) nope. we use diversified strategies to position our client's portfolios for their long-term goals. (other money manager) but you still sell investments that generate high commissions for you, right? (fisher investments) no, we don't sell commission products. we're a fiduciary, obligated to act in our client's best interest. (other money manager) so when do you make more money, only when your client

growth is strong, united health one of our panelists because that one of the best positioned healthcarend it cells and finally this hugely profitable drug called humira which will face competition next year. it is 12 times next year's earnings but there are other drugs and growth will pick up after that. jack: thank you for that, we couldn't leave the segment without hitting that point. it may feel like the world is going craz ♪ my relationship with my credit cards wasn't good. i got into debt in college and, no matter how much i paid, it followed me everywhere. between the high interest, the fees... i felt trapped. debt, debt, debt. so i broke up with my credit card debt and consolidated it into a low-rate personal loan from sofi. i finally feel like a grown-up. break up with bad credit card debt. get a personal loan with no fees, low fixed rates, and borrow up to $100k. go to sofi.com to view your rate. sofi. get your money right. ♪ there's a different way to treat hiv. it's every-other-month, injectable cabenuva. for adults who are undetectable, cabenuva is the only complete hiv trea

growth is strong, united health one of our panelists because that one of the best positioned healthcareat and technology going down and it cells and finally this hugely profitable drug called humira which will face competition next year. it is 12 times next year's earnings but there are other drugs and growth will pick up after that. jack: thank you for that, we couldn't leave the segment without hitting that point. it may feel like the world is going crazy but going back to jack hough who explains we are careening toward normalcy next. and buying your starter home. or whatever this is. but the things that last a lifetime like happiness, love and confidence... you can't buy those. but you can invest in them. we believe that your investments should work harder for the future you imagine. and that's where our strategic investing approach can help. t. rowe price. invest with confidence. some days, it felt like asthma was holding me back. but asthma has taken enough. so i go triple... with trelegy. with 3 medicines in 1 inhaler,... it's the only once-daily treatment for adults that takes tr

and also a public health disaster because as you were also reporting malaria, diseases going up united health officials that those who are writing assistance in doing our own partners because we've started that is once as well in 3 provinces that believe the number of diseases are going up and to the extent that it, what district officials are saying that they can go with the number of lydia patients that are coming to them. so i think that the scale of the response is going to be much, much smaller than what is needed on the ground. but how to get through to those people who really do need it. those who are completely cut off with bridges. infrastructure roads completely destroyed. yeah, dinner actually you see there are 2 kinds of people, one the who have actually steered than homes. but as i said, turns as of thousands actually moved out and you know, number of them, i saw 8210 support, intense, tentative cities, almost a close to heather about her, which is, which is, you know, the 2nd largest city of the province and then so directly congregating in the cities or next to the cities and o

units. >>> health leaders say the need for blood donations has reached its most critical level in a decade. and here at nbc bay area, we're doing our part today. our garvin thomas hosted his sixth annual bay area proud blood drive. nearly 100 people stepped up to donate 81 units. that's enough to help more than 200 patients. this has been going on for a while. in the six years the event has collected enough blood to help close to 2,000 patients, and if you missed today's drive, you can always donate at your local red cross or any number of blood donation centers. i stopped by, i saw garvin. i donated a persistent, and then we posted a picture about it on twitter, then a gentleman named randolph says he's one of the people who benefits from the donations. i'm a stanford patient and the recipient of multiple transfusions. so randolph, thanks for letting us know, and nbc bay area, garvin thomas, you rock. >> and you. thanks for doing that, gary. >> i just went by and gave a pint, garvin was there too. >> great weather for it too. >> it's a great day to give blood. >> you want to stay in the t

permanent supportive housing, tiny homes communities, project roomkey supportive hotel units... and intensive mental health addiction treatment. in short, 27 means getting people off the streets and into housing. yes on 27. >> right to our first alert weather. we are seeing outages d to the heat. >> have a plan in case the power the power goes out. we look at e pattern overall. it isn't going to change much over the next sel days. high pressure in control. that is the heat dome. it shifts it shifts very little over several days. we look at the map map top down. it is more useful to flip them out. the atmosphere atmosphere has depth. it is in the upper levels that we have an have an area of high pressure. e is more atmosphere on top of use atmosphere is pressing down. it is already a hot time of year. that's what makes it lead to exe heat events. also traps urban pn or smoke. it tends to be persis. it is reluctant to break up whih means we will be stuck with this. > >> the temperature is still 100 degrees. it is in the 80s around 80s around the bay. temperatures bay. temperatures tonight don't drop that muc

the behavioral health services unit itself that operates not -- it's a confidential setting so we don't release the numbers and the participants. we can get the raw data for you how much are assisted by the behavioral health unit but it's confidential and want them comfortable going to the programs. the peer support program policy is a good program with the firefighter and the dogs and the dogs are going to different fire houses and meeting the firefighters. the health safety committee meetings and focusing on the long-term health of firefighters as with the 30 day in 30 out program and encourage long-term view for personal health while working and retired and lastly this morning we had a pretty well attended event. stephanie hill from the physician's office and team and smoothie bicycle in the lobby and promoting -- [off mic]. >> i am just curious to people request -- this is something -- does it come from the rank and file or how are the programs chosen? >> we have the behavioral health unit can make a request or send to somebody we think are in need of. and the peer dogs are brought

dedication to the profession the purpose of the action is to help new employees of our health care to join the united family of health workers to celebrate those who have already taken the first successful practical steps and mentors of youth. we decided to hold this holiday and make it a tradition, because the young people who come to us, so that they understand the significance of the fact that the first jobs. this is an institution of the healthcare of the city of minsk with its own requirements with its own capabilities and technologies. maybe somewhere even with the specifics i want to see today, all the young people who come to us from the perspective of development and health care of the city of minsk and the health care management of the city of minsk also get only good impressions from the team itself from the work. i like it for 3 years of study. i realized that this is mine, that medicine is mine. uh, i like to help people and for this purpose i came to the emergency medical service and chose a profession a very long time ago. i really like this profession. since childhood, i planned to be

the investment and those spaces >> joe, when we did our stock summit many months ago you picked united healthace you own abbvie today, cgen. >> i've been active there and sold recently, used the capital to go into cgen by ownership of merck on any pull back i'd like to own to. bristol myers i don't own it that's been working well got my eye on intuitive surgical right here and might take a position on that name. also keeping an eye on abbvie and i think a name that brin in the past and i apologize if she's still in it that's pulled back recently and looks attractive here. >> you mentioned abbvie. everyone seems to like that. let's talk about energy. coming up still leading on the year we'll find out how we're playing it into the end of this year plus for hispanic heritage month cnbc celebrating our teammates and contributors here's gena sanchez. >> the benefit to being hispanic is that it is a naturally inclusive culture. you can come from many different racial backgrounds and be classed as hispanic. the challenge to that is that it can create divisions and a lack of cohesion within the commu

month and we were talking about signified health having been one of the companies that, amazon united health looking at, cvs health winning bidding on that cano shares you see there surging now 37% on that news this is a really hot area right now, mike, in health care. >> yeah. apparently so. kind of moving on to the next deal opportunities, bertha thank you very much. >>> and cano health ceo, the same one, will be on the "exchange" tomorrow at 1:00 p.m. eastern time. >>> shares of eli lilly popping today after ubs upgraded its rating from buy to hold and raised its price target to $363 from $335. the rating change comes after a key weight loss drug showed promise in a recent study and could become the biggest drug ever joining us now, ubs analyst colin bristo colin, thanks for joining us obviously there's been excitement certainly around this drug it's seemingly been in the market to some degree. what is your call based on in terms of where that can go revenue-wise and why do you think the market hasn't already figured it out >> i think a couple things to point out here right? so the drug l

permanent supportive housing, tiny homes communities, project roomkey supportive hotel units... and intensive mental health and addiction treatment. in short, 27 means getting people off the streets and into housing. yes on 27. what's it like having xfinity internet with supersonic wifi? it's fast... like beyond-gig-speed fast. yeaaaaaaaaay!!! with three times the bandwidth, and the power to connect hundreds of devices at once. get the xfinity supersonic bundle with unlimited gig speed internet, wifi equipment included and a free 4k streaming box. all for $50 a month with a 2 year internet rate guarantee and no annual contract when you add xfinity mobile with unlimited data. switch today! >> in argentina last month, an assassination attempt at the vice president, cristina fernandez de kirchner. a man td the vp with the gun outside of her home in buenos aires in the middle of a crowd. gun just inches from her face and pulled the trigger with a dt click. no shots were fired at the weapon apparently jammed. the vp had just dipped out of her car and started greasing the the crowd. these are her supporters, and

the dow 30 and we have just two in the green here and home depot and united health and the rest in the red. cofounder of america online steve case live when the "claman countdown" returns. i know there's conflicting information about dupuytren's contracture. i thought i couldn't get treatment yet? well, people may think that their contracture has to be severe to be treated, but it doesn't. if you can't lay your hand flat on the table, talk to a hand specialist. but what if i don't want surgery? well, then you should find a hand specialist certified to offer nonsurgical treatments. what's the next step? visit findahandspecialist.com today to get started. what should the future deliver? (music) progress... (music) ...innovation... (music) ...discovery? or simply stability... ...security... ...protection? you shouldn't have to choose. (music) gold. your strategic advantage. (music) visit goldhub.com. psoriasis really messes with you. try. hope. fail. no one should suffer like that. i started cosentyx®. five years clear. real people with psoriasis look and feel better with cosentyx. don't

microsoft adding sales force, a lot of winners, united health and travelers are the worst performersector hire on the s&p 500. energy the strongest along with technology, staples, financials, everyone is having a good day and a good week. the nasdaq up 2.2% right now we broke a three-week losing streak and this is our best week for the s&p 500 since the end of july, which is the last time we were in that upswing in the market that's it for me on "closing bell." have a great weekend, everyone i'll send it into "overtime" with scott wapner. >>> all right, sara, thanks very much welcome, everybody, to this friday edition of "overtime. i'm scott wapner you just heard the bells we are just getting started here from post 9. in just a little bit i'll speak to mark newton on whether this latest rally can keep going next week even as another critical read on inflation looms especially large we begin with our talk of the tape the risk/reward on stocks. is it improving just as one big name investor calls for a coming crash? let's ask li

. >> dom, a judge denying the justice department bid to stop united health bid to buy change health care the two companies will move forward with the deal. change shares jumping on the news doj filed the lawsuit earlier this year aiming to stop the deal saying it would give the largest health insurer access to its data and push up costs >>> a group of states are asking for revival the lawsuit. the lawsuit featuring 46 states is challenging the meta acquisition of instagram and whatsapp >>> amazon entry in thursday night football is scoring big with nfl fans. the company note of the game was the most watched night in the u.s. in prime video history. dom, the game attracted record number of new prime subs subscriptions for a three-hour period beating out prime day and cyber monday it will be interesting to see if the memberships remain after the season is over >> this is something you want to watch. silvana henao, thank you >>> back to the top story and federal reserve kicking off the policy meeting today according to the data from the cme group. investors are expecting a third 75 basis po

it is a niche market, we can add more pain subscribers now expanding the partnership with united healththe number of people eligible, and put benefits toward that. it is still down. >> go hard for 30 seconds, the high intensity training. of full body workout. >> $3200 or something. >> you can get a concept too. stuart: i want to talk about giving free money away. 500 a month to former inmates. who is paying? we will investigate. a new time magazine article claims parents are turning schools into political battlegrounds. lara trump is here on that, blaming parents. look at drone video showing a group of 150 migrants crossing the border in intense heat. the crisis no slowing down, the border report is next. ♪ ♪ i can see for miles and miles ♪ i can see for miles and miles ♪ i can see for miles and miles and miles and miles and miles and miles ♪ go. go green. go wind turbines. go gorgeous reliable grid. go emerson software. go science people. go breakthrough meds and safe science. go space age welds for super silent cars. go big. or go home. from software that delivers new cures at warp sp

permanent supportive housing, tiny homes communities, project roomkey supportive hotel units... and intensive mental health and addiction treatment. in short, 27 means getting people off the streets and into housing. yes on 27. >> a battle is intensifying in the south bay over plans to build a new dam and reservoir. if approved, it will be built in in south santa clara county east east of gilroy off highway 152. as kpix 5 len ramirez reports, the sierra club is now behind a lawsuit to stop it from being built. >> reporter: with the uncertainty of climate change and being in the middle of an extreme drought, you might think think that getting a dam built during these times would be a no-brainer. but the people bring this lawsuit say that these are environmentally sensitive areas and the valley water district is is not doing enough to try and protect them. this is the existing reservoir in the hills north of highway 152, where a small dam already exists. the santa clara valley water district has big plans to build a whole new dam upstream from the old one. >> about that would double our storage capacity in s

united health care centene and united with the ups and downs with the high quality names. >> erin gibbsch. we appreciate it that does it for us here on "worldwide exchange. "squawk box" picks up coverage coming up next >>> good morning whipsaw week for investors futures are higher a little bit as we await another batch of economic data head of next week's fed meeting >>> breaking news. the white house says a tentative railway agreement has been reached. >>> the patagonia founder is giving away his company. why so many people are talking about it this morning. it's thursday, september 15th, 2022 and "squawk box" begins right now. >>> welcome to "squawk box" here on cnbc. we are live from the nasdaq market site in times square. i'm rebecca quick along with joe kernen and andrew ross sorkin. here we are thursday morning u.s. equity futures are higher this hour because of the good news you heard on the potential agreement for the railway to prevent a strike that would have been bad news. this morning, it looks like dow futures are up 65. s&p futures up 7 nasdaq up 21 this comes after the da

are up 50% since the beginning of the summer when signify was looking to do a deal a amazon and united health shown an interest. this will help cvs grow on the services division. it provides in-home patient care and the purchase by cvs comes as competitors like walgreens and amazon are moving further into the health care services division cvs acquired aetna in recent years, but looked to leverage the primary care services along with home care they will provide a big step up in that direction. especially for the medicare population cvs and signify any expect the deal which is subject to regulatory approval to hold a conference call at 8:30 this morning to discuss the details courtney >> interesting bertha, thank you very much. surprising that amazon got beat out. if they wanted to win, they could put up more money. >>> let's get a look at our headlines with frances rivera in new york with the latest >> courtney, good morning. we start with another scorcher for much of the country. 46 million americans under heat alerts as the heat wave continues to blanket the west. record-breaking temperature

united health is doing amazingly.hey keep raising the prices if united health came on, they would say, well, our price increases are sticking and people need us >> we talked about humana. >> my travel trust is in humana. i switched to humana because they were offering a program that wasn't that great they changed the offering. anybody who listened to it, the offering is much better. and then i got micron, and i'm thinking, okay, what happens -- i happen to like qualcomm very much i've been very wrong i like christian but what do i do when the number comes out and it's not good? what do i do just say, hey, that's not my job? it's fine? i can take a beating the beatings will continue until the morale gets better >> it's the conundrum that many investors are facing right now >> why do we have to buy companies that aren't doing well when we could buy really good companies that are doing well and the stocks are going higher? what's the matter with that? >> there's nothing wrong with that it makes sense it's difficult to ch

market a more than 1,000-point sell-off on the dow 30 out of 30 dow stocks are weaker bigger drags, united healthe, goldman sachs and home depot. those three together dragging about 300 points alone but you've got everybody weaker.

we have 9 to the upside, verizon, nike, united health group, travelers, chevron, apple, and at the very top is sales force and everything else in red and the "claman countdown" is just getting started. stay with us. ♪ as a business owner, your bottom line is always top of mind. so start saving by switching to the mobile service designed for small business: comcast business mobile. flexible data plans mean you can get unlimited data or pay by the gig. all on the most reliable 5g network. with no line activation fees or term contracts. saving you up to $500 a year. and it's only available to comcast business internet customers. so boost your bottom line by switching today. comcast business. powering possibilities. ™ liz: grove collaborative, did i tell you i wasn't overstating this, this is a massive boost on a very sort of touch and go day for the broader market. we have grove up 30% at the moment on the announcement that the sustainable household products brand struck a major partnership with cvs stores across the u.s.. grove's first drugstore partnership will bring it ecofriendly soaps

united, health and goldman are the contributors higher on the nasdaq that's it for me on "closing bellveryone. into overtime now with scott wapner >>> sara, thank you. welcome to overtime i'm scott wapner, you just heard the bells we're just getting started i'll speak to mark newton whose new know is all about the state of the tech wreck and whether it is about to get worse. he will tell us what the charts are telling him. we'll start with whether the fed is about to send stocks into a tailwind raise rates too fast. that's the call of some investors bu

winners, you can see apple is powering that index right now american express, though, chevron, united health, these are some of the big winners today. most dow stocks are higher amgen, home depot are the only exceptions. >>> we'll talk to billionaire capitalist vi in od khosl aa about where he is looking for venture. and brett harrison with the upgrade of ethereum this week. let's get to mike santoli. what are you watching ahead of tomorrow's big inflation number? >> similar dynamics to last week, the upside on stocks is coming along with u.s. dollar backing off a little bit, yields are calming down the sense that the fed's hawkish message, which has been consistent and emphatic is mostly been absorbed, at least for the short term, if in fact tomorrow's number shows the peak inflation story still has some credence hanging around the 4100 mark on the s&p 500. you see it's kind of midway between that august 15th or 16th high and then the recent lows. i find it interesting. we also went from 3900 right up to 4100. that line is right before the last cpi report, august 10th you got a little indig

permanent supportive housing, tiny homes communities, project roomkey supportive hotel units... and intensive mental health and addiction treatment. in short, 27 means getting people off the streets and into housing. yes on 27. >> 89 in san francisco. we are g in the heat. much of the u.s. ig with widespread flooding in the east. this is rhode island a coe of hours ago. you can see cars g to make it through floodwaters. today at least 80 million americans are under flood watch including major cities like boston, new york and atlanta. > >> britain announcing a new prime minister. becoming the third female to leave the country. replacing outgoing boris johnson after serving as e uk's first female lord chancell. she said she has modeled herself herself out to be i am lady, margaret thatcher. she was not elected by the public by her conservative party. she will ofy become prime minister after meeting with queen elizabeth. > >> russia halted the flow from one of the main pipelines due to due to a leak. officials say the will stay shut down indefinitely, despite the efforo fix it. me to stoking fear gas . gas sh

winners, you can see apple is powering that index right now american express, though, chevron, united healthig nn

. ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ >>> the last minute of "60 minutes" is sponsored by united health care.ry we first reported last november about a growing number of aviation companies racing to develop a new generation of supersonic passenger jets. one of them, the american startup company, boom, and its founder blake shoal had already created a test plane when we visited the factory. >> this is it? >> that's it. >> oh, wow. turning that test plane into a passenger transport called overture as we said in our story, was a long shot. >> and we're working with rolls-royce on a custom engine that will power overture. >> you're working with rolls-royce. this engine does not exist yet? >> it is a lightly customized engine. part of that is rolls-royce's work where they are turning design knobs. >> this month, the odds for success grew longer when rolls-royce withdrew from the partnership and left boom actively searching for another engine maker. i'm bill whitaker. we'll be back next week with another edition of "60 minutes." when it was time to sign up for a medicare plan... mom didn't know whi

it's the health care names amgen, united health care, mcdonald's, j&j. ow higher by a third of 1%. health care, utilities, communication services, stacples and guess what, the nasdaq 100 also just going positive in the final moments of trade the nasdaq composite is still down 0.2 of 1%, but you've had some buying here just in the last few moments or so, potentially positioning ahead of that all-important jobs report which comes out tomorrow morning. just the nasdaq and russell 2000 extend the losing streak the s&p a third of 1% higher that's it for me on "closing bell." into "overtime" with scott >> all right, sara, thanks very much we'll see you in just a bit. welcome to "overtime." i'm scott wapner we're just getting started here at post 9 at the new york stock exchange and it is good to be back broadcom and lululemon, we'll have those reports the moment they drop and the most important things you need to know as an investor in the meantime let's get right to our talk of tape. september is a historically hard

stephanie link >> united health care, number one player in managed care and actually doing a lot of mt in m&a. you'll see a lot of synergies. double-digit organic growth as well the stock is down 7% from its highs. >> okay, josh brown? >> warren buffett is still sitting on $106 billion in cash. a lot of it in "t" bills, earning a whole bunch of money but if there is a situation that develops in the market, he will pounce he's been buying all year. i like this play defensively and offensively. >> michael farr? >> i'm buying it for the long-term and i'm just adding the positions in johnson and johnson, safe place to be, aaa balance sheet, 16 times earnings, 2.7% dividend. i'm way overwaited in health care the benchmark with cbs, abbott, bdx, stryker, med tronick. i like this area to ride out this storm >> farmer jim. deere, really? >> so cliche >> i actually didn't think of the connection, but you're always on top of things. >> really? you didn't >> here's why i picked it. >> that's all i thought. >> i'm aware that it's a treacherous market out there when do these final trades, i want t

permanent supportive housing, tiny homes communities, project roomkey supportive hotel units... and intensive mental health and addiction treatment. in short, 27 means getting people off the streets and into housing. yes on 27. >> bart is reporting a 20 minuty in both directions. the tracks d trains running slower. if you remember, at the end of june, the tracks worked because of the of the heat, forcing trains to n on a single track. than appointing a special master in e fbi search of mar-a-lago. there are details on the trump appointed judges decision. > >> a federal judge authorized the appointment of a special master for an independent review independent review of the items the fbi's seized from former prt trump's mar-a-lago estate. the national security assessment can can continue. the detailed listf inventory taken from the residence includes more than 13,000 items. among them, more than 100 documents marked classified. also 48 folders witt marking found empty. > >> the shameful rate and breakig of my home was a travesty of ju. of justice. >> reporter: victory comes aftep had a lot to say about the f

is down a couple hundred points and i see but one winner on the big board, no two, boeing and united healthw 30 the rest are losers. the s&p 500 is open and it's down .8%. the nasdaq is off and running and it's down .86%. big tech a mixed picture this morning. no, it's not mixed at all. they are all down. apple, microsoft, amazon, meta, alphabet the whole lot down, not huge down, but down. how about ford? they're warning on inflation. they are looking at i believe this is the case. susan, they're looking at an extra $1 billion in costs because of rising prices? >> yeah, and supply chain clogs as well. so the supply chain, inflation, that means part shortages, but they are keeping their full year guidance intact. despite the shortfall in the summer, so ford will be short 45,000 partially-built cars so if they are keeping their guidance intact for the full year, it's just, is this temporary summer slowdown, that's the thinks right now. you also have inflation, continuing to filter into company balance sheet so you have ford, fedex, ge, mcdonald's all pointing to slowing demand and supply chai

permanent supportive housing, tiny homes communities, project roomkey supportive hotel units... and intensive mental health and addiction treatment. in short, 27 means getting people off the streets and into housing. yes on 27. >> as temperatures climb, so dos the chance of power outages. high temperatures in the next two days approach 115 degrees in in parts of the bay area. > >> people are doing what they can to beat the heat from conces to hitting the beach. >> drinking a lot of water and having fun and not paying attention to how hot it is. > >> the bottom is falling out under morgan hill homes doomed to be condemned. wait until you hear who homeowners say is responsible. > >> after a searing sunday, temperatures are set to climb even higher tomorrow and will not top out until tuesday. thers an excessive heat warning for labor day lasting through at least tuesday and maybe through. through thursday. >> if you got through the ma mage that, the next days are different. they are hotter and getting into a category where we where we break records. been using words like excessively hot hot and high degree of

permanent supportive housing, tiny homes communities, project roomkey supportive hotel units... and intensive mental health and addiction treatment. in short, 27 means getting people off the streets and into housing. yes on 27. was first awe proved to treat x could help people suffering froy pox. cbs explains how. >> reporter: nearly 20,000 americans have caught monkey pox. affecting people in all 50 states. now british researchers at oxford university are testing a new drug to fight the virus. >> there is every reason to believe it will be effective in humans with monkey pox. trrt drug initially developed for small box is already being used in hospitals with extreme cases. dr. peter a team of british scientists r recruiting 500 patients with monkey pox fr pox for their trial. half will be given the drug over 14 days, the other a placebo. how does this work? >> it prevents the viruses leaving the cell. it prevents . it interrupts replication. >> reporter: imn previous animal studies the drugs sped up recovery while also stopping the virus from spreading. monky spreading. monkey pox was first isolated in mo

point bigger losses on the s&p 500, down .5%, and the nasdaq composite down nearly 1% on the day united healthmorgan chase, golden sacks, some of the biggest gainers on the dow, united up 3.5% the biggest laggards, microsoft down 2.25%, and ibm off 1.5% adobe shares hitting a low after making a $20 billion acquisition and issuing disappointing fourth quarter guidance humana shares are rising after it raised earnings and revenue guidance, up, wow, look at that, almost 9% on the day it says it's seeing lower medical costs. now, let's go to the bond market and rick santelli tracking the move higher in the yields. hi, rick >> hi, contessa. it's been a wild few sessions in the treasuries and indeed, all sovereign and corporate rates across the globe as you consider 213,000 today for initial jobless claims that was the lowest level in 15 weeks, since the end of may. there was some good news, and retail sales was a mixed blessing, and ultimately, we're on pace for the sixth highest yield close in a row for two-year note yields let's look at the last three since cpi and you can see how w continue to e

amgen, mcdonald's, j j&j and united health. while the equity market feels like a guessing game, cash is still king. the 2-year yield continues to skyrocket now sitting at 15-year highs. treasuries have benefited prosecute uncertainty currently driving the markets down. investors are eyeing data set after data set for clues on how big the federal reserve are will raise rates later on this month. and jobless claims is great example which also sets investors up for tomorrow's august jobs report. initial jobless claims last week came in at a 2-month low. investors are expecting august nonfarm payrolls to dip and change significantly from the month of july. unemployment rate expected to stay the same, 3.5%, but we're looking for 30,000 on that payroll -- 300,000 on that payroll report. are we going to get those numbers? and if we don't get the numbers we think we're going to get, is the market going to react to that? let's get right to our floor show, sarge guilfoyle and scott fullman. scott, i want to start with you, obviously, we'

and that's exactly where mobile health units come in. mobile health units have the capability to bring high quality health care to all americans specialtiony those in -- americans, especially those in underserved areas. this allows fqhc's flexibility to use their grants to establish mobile health units. this will allow health centers to better serve their communities, especially communities that have traditionally been hard to reach. and this does so at no additional cost to the taxpayer. in my district we've seen the difference these mobile units make. for example, the nevada health center currently runs three mobile health centers, health units. the children mobile medical unit, the ronald mcdonald care mobile unit, and the mammo van. the mammo van is a mobile unit that travels to underserved areas of our state, providing mammograms to women in geographically isolated areas and those who may not otherwise seek this important preventive care that will allow for early detection and simply will save lives. the first person care clinic in n

permanent supportive housing, tiny homes communities, project roomkey supportive hotel units... and intensive mental health and addiction treatment. in short, 27 means getting people off the streets and into housing. yes on 27. >> an east bay mother and son ae teachers by day. but outside the the classroom they team up to serve those this need in downtown hayward. sharon chin introduces us to this week's jen awards winners. >> don't forget your food. >> reporter: shepherd got inspid to serve unsheltered while volunteering for a nonprofit that fights human trafficking. t she saw broke her heart. >> i just seen the desperation n their eyes. when you are hungry, hungry, you have a look on your face of loneliness and sadness.e time i was on the bus and i head clear as day, feed my sheep. fed my sheep. okay, lord, feed my p a dozevolunteers serve frome s y tuy eveninom 00to 6:30 at new home christian fellowship in hayward. >> it's truly been life changin. just to see the huge impact thay mother and i have been able to have just by loving on people. >> reporter: about 130 guests ak arrive for the hot meals, free

permanent supportive housing, tiny homes communities, project roomkey supportive hotel units... and intensive mental health and addiction treatment. in short, 27 means getting people off the streets and into housing. yes on 27. >> this next story has become ar a talker. let us know what you . you think. a southwest flight delayed after a passenger said someone was using apple's aip a age other peop one an a fligh attendant and the pilot reabt td ues whwe are on the going pull involved, and this vacation is going to be ruined. so, folks, quit sending naked pictures. >> the flight was leaving for c. for cabo. she says she didn't receive any more unsolicited photos in the fight continued o. continued on. > >> coming up, charlie brown, lucy and the gang, come into check out this time space wormhole i creat how's it work? let me see your togo, and i'll show you. "poof" burt, you have my lunch. introducing togo's new pastrami cheese ste loaded with our world famous pastrami, sauteed mushrooms, roasted red peppers, and smothered with melty american cheese. the new pastrami cheese steak. try steak or chicken, too.

united health didn't make a bid. united and humana are among the biggest clients.coming frenemies cvs and signify expect their deal to close in the first half of the year. regulators will probably look at this closely >> what is the theory that the company's given, why they need this and what they do with it? >> one of the things is you've got 10,000 clinicians, cvs is trying to build out its primary care strategy. you create this virtuous circle. you have people go in home, assess what's going on with patients, patients that may have chronic needs that may not have been met yet to try to keep them out of the hospital. also when they leave the hospital to be able to make sure that they follow procedures so they don't go back in for extra care over all, in the grand scheme, this can help reduce costs i did hear andrew's discussion earlier in the year, and that is one of the things that regulators are looking at, whether all of this consolidation is actually helping produce greater competition and greater cost and savings for squeeconsumers as ws the companies. >>> w

permanent supportive housing, tiny homes communities, project roomkey supportive hotel units... and intensive mental health and addiction treatment. in short, 27 means getting people off the streets and into housing. yes on 27. oh ms. flores. you're the leader of many and pet wrangler, too. so becoming a student again might seem impossible. national university is here to support all of you. national university. supporting the whole you. >> developing right now. canadian police still searching for 2 men accused of stabbing 10 10 people to death in saskatchewan. it happened in an indigenous community in the nearby town. in addition to the 10 people killed, 18 others were were injured. please say some of of the victims were targeted while others were attacked randy attacked randomly. officials have not given any motive one indigenous leader suggested drugs were somehow involved. it's one of the deadliest attacks in canadian history. >> is a lot of grief. there's a lot of anxiety in a province and and in our communities this morning and all day yesterday. and really i think an important step for families and c