but wilfred and -- they rose up to be ministers.d wilfred said that after malcolm was killed, you know, he separated himself from the nation. but he wasn't ever in it for the religion of it, he was in it for the organization of it. >> malcolm's a assassination which happened in 1965 in new york city right across from columbia university presbyterian hospital was -- is it true that the hit was ordered by elijah mohamed. >> it's an organization. you're not going to have a hit without the leader making it. that's the kind of it was. >> okay. and what of the complicity, or not, of law enforcement in the. >> the details of this, i don't think we really had the time to go into this extensively right now. but, yes, obviously there were, you know, the fbi was there on the scene, new york police department had agents in the there also. >> in the room at the time of the shooting. >> yes. one of them, gene robbins, was part of malcolm's security detail. >> okay. final question as i've got the hard wrap as we used to call it in my television da

. >> i'm wilfred frost following the release of their capital allocation plans they are in the red. we'll talk much more about financials in a moment case-shiller home prices saw a record spike in april while consumer confidence hit the

>>> i'm wilfred frost. today there's plenty of new data for investors to chew on, including another red-hot inflation read meanwhile retail sales missed the mark though april's numbers were reviced higher. energy is the bright spot, the sector climbing as oil prices see a fresh boost to $79 59 minutes left to go in the session. the nasdaq seeing the biggest pull back of the major averages. >>> coming up, ursula burns joins us with a debut of her new memoir outlining her journey to become the first black female ceo of a fortune 500 company and life an quibbe jeffrey katzenberg will join us. >>> first of all, let's get straight to the big stories we're watching mike santoli has a look on the economic data and ylan mui has the results of our latest cnbc fed survey ahead of tomorrow's decision but mike, let's start with you the broader markets down just slightly. >> kind of spinning in place for a couple of days morning pressure, afternoon bid. there is a little upward bias. we haven't much seen that this week

>> wilfred, i think that's the right setup.ock it is a dislocated high quality stock, off almost 40% from its highs. our annual survey -- this is the ninth time we have run this. consistently has shown increased usage. in the u.s. has 2.5 times as many user as the second closest competitor n this case, apple music. in the uk that lead is like three to four x greater than amazon music and apple music n. our book, it is winning the music streaming wars and they layered in podcasting for which we find increasing pop layer it microscope the use case stronger it is a question of when the gross margins and the profits of this company start to tip. we think it will happen in the reasonable short-term. that's why we like it here while it is dislocated >> part of the reason you think that can and will happen is you think they have got a lot of pricing power? >> yeah, this is the first time ever that the company has started to pull pricing as a lever. they have done this over the last six to nine months in the u.s., in western europe, an

. >> and i'm wilfred frost let's have a look at what is driving the action shares of biogen are surging after the fda approved their alzheimer's drug apple is weighing a bit on the nasdaq on the back of its developers' conference we'll have more on those stories ahead. meme stocks also back in focus following last week's roller coaster ride amc jumping again. games like gamestop and blackberry are rallying also small caps are seeing big gains. the russell 2000 up 1.3% and riding a two-week winning streak 59 minutes left in the session we're down just fractionally in the s&p. >>> coming up, salesforce ceo marc benioff will join us to talk about the slack acquisition and why he disagrees with jamie dimon about employees returning to work. >>> and later the ceo of stockx will tell us which brands consumers are paying up for. we'll discuss the growth that company has seen during the pandemic. >>> let's start out with the market action today. major averages on pace for a mixed close. mike santoli tracking the action for us as always. >> the market pretty steady. a little pressure coming from

. >> in the green and then back into the red again i'm wilfred frost. let's have a look at what's driving the action another wild day for amc, the meme stock which doubled in yesterday's session. it's trading all over the map after the company announced a new share offering there's positive news on the data front as we await tomorrow's may employment report weekly jobless claims coming in below 400,000 for the first time since march the 2020 adp job growth topped estimates. and tech and communication services are among the weaker sectors today. mega caps like apple, amazon and facebook are all in the red and tesla is down 4% 59 minutes left in this thursday session. >>> coming up on today's show, tony dwyer tells us what he makes of the meme stock mayhem and what it means for the broader market and your money. >>> plus the billionaire heading the space race rings the closing bell jared isaacman about his mission to lead a spacex crew into orbit. >>> amc today proving once again that it takes an iron stomach to trade the meme stocks. amc shares having a

i'm wilfred frost at the new york stock exchange. stocks mostly lower to kick off a new week on wall street, though still near record levels as we head into the final hour of trade. >> i'm sara eisen. let's look at what is driving the action the dow down more than 200 points but technology is holding on to gains. the nasdaq led higher with names like apple, tesla, facebook. bank of america ceo brian moynihan saying consumer spending is up versus 2019 more on those comments in just a moment >>> and bitcoin is on the rebound after another tweet from elon musk. this time the tesla boss said his company could resume accepting bitcoin in the future if certain environmental goals are met. 59 minutes left in the session it's on again, off again with elon musk and bitcoin. >> likewise with the markets the nasdaq up, other two indices down we've got a big show coming your way today. we'll speak with the delta ceo's bastian after the tsa said they screened 2 million passengers in a single day. >>> then later morgan stanley ceo james gorman joi

welcome to the "closing bell," i'm wilfred frost at the new york stock exchange.osses on this wednesday afternoon. but the mean trade in full force with amc seeing eye popping gains. >> let's look at what's driving the action i'm sara eisen as wilfred mentioned more blockbuster returns for c. the theater stock he can proceeding higher today, up 3,000% just this year, doubling today. we will more on the stunning rise throughout the show the federal reserve introducing the beige book of economic conditions saying

i'm wilfred frost. the dow looking to close out strong first-half of the year with a bang up triple digits and sitting near session highs the s&p 500 and nasdaq are lagging as we head into the final hour of trade. >> i'm sara eisen. let's look at what's driving the action in this final hour. energy stocks are leading. they've been strong all year long the sector is up 42% so far in 2021 the biggest winner it's a big day for ipos. three key names hitting the public market today. didi, i.d. verification company clear and cybersecurity firm centinal one more on all of those in just a bit. >>> intel is the worst performer on the dow after delaying production of a new chip but other semi stocks are higher ahead of micron's earnings which come out this afternoon right after the bell 59 minutes left to go in the month, the quarter, the day and the first half of the year >>> coming up -- cashing in on the metaverse. we'll speak with former amazon executive matthew ball about his brand-new etf that tracks names

. >> the dow, as wilfred mentioned, lagging today, on news that it's unlikely to secure faa certification for the jets under mid to late 2023. >>> and energy is lagging as well all down sharply and tech knocks is the big win today. >>> we'll speak with the ceo of imax, and as we approach the halfway point, we'll get the playbook for that group of stocks >>> first let's focus on the big stories. joining us to talk about huge moves in biotech today is alethia young from canter fitzgerald let's start with mike? >> below the surface, we see a lot of turnover. resell-off in the resell race, really the slack being taken up by the stable growth areas in fact, yields have been compressed today, but as they bottomed around june, every time you think the rotational gears are getting stripped a bit, they lock in, and even though the average stock is down appreciably, pure value is down 1.25%, pure growth is up 1.25%, so it's a seesaw session oog way as looking at value growth it's attentive to how much -- the way it's operating today, it's really vastly outperforming invite standard growth and value

thanks for stopping by. >> thank you, wilfred. thank you, morgan. >> sir martin sorrell. >>> up next, you may have to alter your go-to starbucks order soon as the company faceodts we'll tell you what's behind that supply crunch, next. >>> as we head to break check out some of the top searched tickers. the 10-year yield is back on top followed by amc, gamestop, clover health and clean energy fuels, the so-called meme stocks 'lbeig bk. new projects means new project managers. you need to hire. i need indeed. indeed you do. the moment you sponsor a job on indeed you get a short list of quality candidates from our resume database. claim your seventy five dollar credit, when you post your first job at indeed.com/home. >>> welcome back the rapid pace of reopening is leading to a shortage of fan favorite items at starbucks. kate rogers has that story for us kate. >> hey there, morgan well, there are reports on shortages of everything from cups to cake pops at different starbucks locations around the country. while starbucks couldn't conf

i is good news for the uk as a i barefoot with baby wilfred and doctor— barefoot with baby wilfred anding. we got a lot of those pictures that will play on the news for years and years to come of them doing the pointing across the beach and in the corners of the shot was the aircraft carrier and the reason the prince of wales was there was a back in 1941 wales was there was a back in 194! winston churchill sailed to the us to see president roosevelt on the ship and they signed a thing called the atlantic charter which was all about how the uk and the us would work in a postwar world and what happened today in cornwall is that biden and borisjohnson have signed a new version, a 2021 addition about how both countries will co—operate on modern challenges and here is how the president described what it means. 8c} described what it means. 80 ears described what it means. 80 years ago — described what it means. 3161 years ago prime described what it means. 3131 years ago prime minister winston churchill and president franklin roosevelt signed an agreement known as the atlantic charter. it wa

. >> i'm wilfred frost following the release of their capital allocation plans they are in the red. we'll talk much more about financials in a moment case-shiller home prices saw a record spike in april while consumer confidence hit the highest levels, and moderna is the top performer in the nasdaq 100, hitting a record high after the company said the vaccine shows promises in lab tests against variants, including the delta. we just slipped into the red moments ago. >>> we have a big show in just a few minutes ariel's rupal bhansau, and later marty walsh will be with us ahead of friday's key jobs reports. we'll talk about the impact of unemployment benefits and much more. >>> first up, let's focus on the stories. mike santoli joining us to break down the big moves in the bank, and jeffrey hart from piper sandler. mike, set the stage for us. >> you know, i don't know if anything particular hit the market, except it's been a low energy, low march higher this would be, if we finish positive, the fourth dana row up for the s&p 500. so it has been kind of a grind below the surface not a

. >> and i'm wilfred frost let's have a look at what's driving the action today banks and industrials wearing on the indices the most declines for the last of goldman sachs, and j ppmorganjpmorgan. treasury yields are pulling back with the faangs and other names higher adding another layer of complexity to the economic pitch, jobless claims rose last week to the highest level since mid-may. 59 minutes left to go in this fairly odd session flat at the moment on the s&p. >>> coming up in today's show, grocery chain kroger is a standout winner climbing on the back of strong earnings. the c echt o is joining us on what he's seeing from the consumer and whether he's worried about inflation. >>> plus we will speak with bradley tusk for his outlook on technology as that sector jumps in today's roller coaster market. >> mike santoli is tracking today's wild action and joining us with his thoughts is tony from pimco mike, let's start with you set the stage on this up-and-down session. >> some of the most vicious whipsaw action underneath the surface. the s&p oddly enough relatively flat we did

. >> welcome i'm wilfred frost along with sara eisen stocks higher. major averages all pacing for weekly gains let's have a look at what is driving the action the may jobs report showing solid gains but falling short of estimates. what some are calling a goldilocks number. not too hot to push the fed's timeline meme stocks infocus after a wild week of trading amc still on pace to finish around 100% higher from where it started. and tech is bouncing back with docusign leading the nasdaq 100. tesla gaining back some ground as well. 59 minutes left to go in the trading week and we are on record close watch for the dow and the s&p. the s&p only a couple of points away, sara. >>> coming up on today's show the ceo of one company that's been caught up in the meme trade. we'll talk to the head of gaming platform skillz and news of the company's first acquisition. >>> plus, hspot stocks getting n upgrade this week. we'll ask the ceo of aurora cannabis whether this is a broader acceptance of cannabis mike santoli is tracking all the market action. joining us to

captured by some of these snappers and eagle eyed camera people, walking on the beach barefoot with baby wilfredr the meeting. we got a lot of those pictures that will play on the news for years and years to come of them doing the pointing across the beach and in the corners of the shot was the prince of wales aircraft carrier and the reason the prince of wales was there was back in 1941 winston churchill sailed to the us to see president roosevelt on the ship and they signed a thing called the atlantic charter which was all about how the uk and the us would work in a postwar world and what happened today in cornwall is that biden and borisjohnson have signed a new version, a 2021 edition about how both countries will co—operate on modern 80 years ago prime minister winston roosevelt signed an agreement known as the atlantic charter. it was a statement a promise that the united kingdom and united states would meet the challenges of their rage and they would meet it together. i wonder what you make of this atlantic charter stuff. tell us a bit about president biden. when the lines you have to des

. >> wilfred thank you convicted murderer and former minneapolis police officers derek chauvin has been, so the judge added an additional ten years to the sentence of chauvin in the killing of george floyd a year or so ago he cited the circumstances of the crime, the deapppravity of. the prosecutor matthew frank had asked the judge go even further and sentence chauvin to 30 years, but the judge, in effect, split the difference between the two, the 12 1/2, which is mandated or recommended under the law, and the 30 that the prosecutor asked for so, once again, 22 1/2 years, 270 months, compared to the 150 months that is the general sentencing guideline mr. chauvin, the former police officer, now convicted murderer, that is remanded to the department of corrections, he is leaving the courtroom, as you see there, in the custody of the sheriff. that is the story. of course, mr. chauvin's case is under appeal the defense attorney eric nelson has said on multiple occasions that publicity tainted the jury pool among other things, so there is an appeal in this case. on the other hand, derek chau

they are slightly silhouetted against the beach, but i think that is wilfred there, the prime minister'sin trudeau is growing his hair. he looks suitable for this sort of thing. he is a server as well! in fact, today there has been an extraordinary protest, obviously a climate change protest, in one of the bays. they were out on their surfboards and the sun was out and it looked glorious, one of the more picturesque protests. we are five minutes away from the red arrows, who will fly over carbis bay. that is probably why they are all gathered there before they eat. is it difficult... ? carrie symonds is new to this. she won't have much experience hosting a g7 summit, but are the first wives quite involved in the detail and the planning?! in the detail and the planning? 1 don't know. some in downing in the detail and the planning? i don't know. some in downing street say they have played a blinder and it is incredibly difficult, they have just got married and this is her first have just got married and this is herfirst moment on have just got married and this is her first moment on the wo

. >> i'm david faber in for wilfred frost.ts highest level since 2018 names such as devon energy and marathon oil are jumping significantly. some key manufacturing data pointing to more strength in recovery

i'm wilfred frost at the new york stock exchange. stocks remain near record highs.th the surface. >> i'm sara eisen. let's look at what's driving the action the meme trade is alive and well with some new names being added to the mix wendy's surging double digits after increased chatter on reddit and clover health is spiking as well job openings jumping to a record high in april pointing to some difficulty businesses are having in finding workers >>> and cr

. >> shannon: wilfred reilly for tonight's lightning round. great to have you back.en berry. she said she was not happy about standing on the platform has the national anthem was playing which apparently they play at the same time every day. there was nothing done specifically with regard to her. she said "i was pissed to be honest. anthem doesn't speak for me. my mission is bigger than sports. i am here to represent those who died due to systemic racism." we live in a country that thankfully has all kinds of free speech protections. >> yeah. a couple things. first, congrats to deanna price if i have that correct who apparently set the u.s. record and have the second-longest throw in history during the same event while this was going on. leaving aside the fact that i just learned that the hammer throw was an olympic sport and it doesn't involve actual hammers, i think the thing that startles about a lot of these recent arguments in the usa is the extreme level of sensitivity on display. you definitely do have an absolute right to protest but i'm not sure how any worl

i'm michael santoli in for wilfred frost. investors await next week's fed meeting.gan in for sara eisen let's look at what's driving the action

. >> and i'm wilfred frost let's have a look at what's driving the action today banks and industrialsr the last of goldman sachs, and j ppmorganjpmorgan.

. >> the dow, as wilfred mentioned, lagging today, on news that it's unlikely to secure faa certificationd to late 2023. >>> and energy is lagging as well all down sharply and tech knocks is the big win today.

. >> in the green and then back into the red again i'm wilfred frost.the meme stock which doubled in yesterday's session. it's trading all over the map after the company announced a new share offering there's positive news on the data front as we await tomorrow's may employment report weekly jobless claims coming

. >> and i'm wilfred frost let's have a look at what is driving the action shares of biogen are surgingr alzheimer's drug apple is weighing a bit on the nasdaq on the back of its developers' conference we'll have more on those stories ahead.

. >> i'm wilfred frost consumer discretionary, and energy are the top performing sectors with energyhan 5% on the week as oil hits a two-year high. tech stocks remain in focus as the nasdaq looks for another record close tesl

. >> i'm wilfred frost following the release of their capital allocation plans they are in the red.ls in a moment case-shiller home prices saw a record spike in apri

i'm wilfred frost.o close out strong first-half of the year with a bang up triple digits and sitting near session highs the s&p 500 and nasdaq are lagging as we head into the final hour of trade. >> i'm sara eisen. let's look at what's driving the action in this final hour. energy stocks are leading. they've been strong all year long the sector is up 42% so far in 2021 the biggest winner it's a big day for ipos. three key names hitting the public market today. didi, i.d. verification company clear and cybersecurity firm centinal one more on all of those in just a bit. >>> intel ishe

. >> i'm wilfred frost consumer discretionary, and energy are the top performing sectors with energy now up more than 5% on the week as oil hits a two-year high. tech stocks remain in focus as the nasdaq looks for another record close tesla and chip stocks like micron and nvidia helping lead today's charge >> and more volatility crypto and bitcoin recovering. they touched their lowest level in the month earlier in the week 59 minutes left of the session >> coming up on today's show, liz ann saunders joins us for the latest installment more market-moving fed speak today. >>> plus, beware the cyber pandemic that's a message from checkpoint as the world grapples with the rise in ransomware attacks we'll talk to that company's ceo about the risks and opportunities in the cybersecurity space. >> first, straight to our reporters covering the biggest stories of the day mike santoli, elon moy has the latest on big tech and apple's retail store strategy. mike, i'll start off with you. s&p and dow either side of the flat line? >> s&p just drifting in the vicinity of those old highs. looks like

i'm wilfred frost at the new york stock exchange. stocks remain near record highs. while there's little movement on the major averages, there's a lot going on beneath the surface. >> i'm sara eisen. let's look at what's driving the action the meme trade is alive and well with some new names being added to the mix wendy's surging double digits after increased chatter on reddit and clover health is spiking as well job openings jumping to a record high in april pointing to some difficulty businesses are having in finding workers >>> and crypto assets are seeing big drops today, perhaps in part on news that the u.s. was able to recover some of the ransom paid in bitcoin as part of the colonial pipeline hack 59 minutes left to go in the session. small caps and technology outperforming again. >>> coming up, what's it like to watch your competitors' stock jump 2,500%? we'll ask the ceo of cineworld what he makes of amc's surge. >>> plus stitch fix is climbing on the back of their strong quarter, up 15%. we'll discuss with the incoming ceo. >>> later former presidential can

>>> i'm wilfred frost.ion ad

i'm wilfred frost along with morgan brennan who's in for sara eisen.f their best levels as we head into the final level of trade may consumer prices rose at the fastest pace since the great recession, up 5% year over year. meantime jobless claims hit a pandemic era low last week of 376,000. the meme trade i

. >> welcome i'm wilfred frost along with sara eisen stocks higher.s let's have a look at what is driving the action the may jobs report showing solid gains but falling short of estimates. what some are calling a goldilocks number. not too hot to push the fed's timeline meme stocks infocus after a wild week of trading amc still on pace to finish around 100% higher from where it started. and tech

i'm michael santoli in for wilfred frost. investors await next week's fed meeting. the volatility index is touching a 52-week low today. >> and i'm courtney reagan in for sara eisen let's look at what's driving the action 10-year treasury yields slipped to a three-month low of 1.43% earlier in the session but have since recovered from those levels that's well below the recent peak in march. an early read on june consumer sentiment coming in before estimates but the report from the university of michigan did say rising inflation remains a top concern for consumers. >>> and small caps are outperforming. the russell 2000 up 2% on the week we've got about 59 minutes left to go in today's trading session. >> coming up on today's show, it's been another wild week for the meme stocks with names like wendy's and clover health getting their turn in the spotlight. we'll speak with the founder of tastytrade and why he says traditional investor theory is dead. >>> we talked about the strength in the housing market but redfin ceo will join us and explain >>> we will join with th

. >> closing at the lows, down 150 on the dow welcome to "closing bell," i'm wilfred frost andsara eisen52 at the close on the dow just shy of half of 1% the s&p down .2% the nasdaq 100 holding on to three basis points of gains because of a decent day from the likes of amazon. as sara mentioned, microsoft both of those two names up half of 1%. utilities the best performing sector -- so, health care top. then utilities at the bottom of the pile, industrials and financials investors are now set for a look at the financial health of one of the original meme stocks. the granddaddy, as we scripted it earlier we will have instant analysis of results from gamestop as soon as they are released. plus we will get a read on the state of the consumer when rh reports its earnings josh brown of ritholtz still with us. and steve klum ar joins the conversation mike, a little bit of a selloff. nothing too severe but that kind of will we, won't we get a record high goes on >> it does go on i think as opposed to it seeing that the market issuper comfortable at this level and it is happy to see things go by

. >> i'm david faber in for wilfred frost. energy is the best performing sector crude is touching its highest level since 2018 names such as devon energy and marathon oil are jumping significantly. some key manufacturing data pointing to more strength in recovery pmi hitting a record high. and airline stocks, they're getting a bit of a pop as well this after the tsa screened the most passengers since the pandemic began over the holiday weekend. boeing is higher as well on an analyst upgrade. 59 minutes left to go in the session. >>> coming up on today's show, we'll talk about today's energy surge and how high crude prices could climb with a chief oil analyst. plus the ceo of citizens financial joins us with why his company is doubling down on brick and more tar bank branche. >> and shares of zoom are red hot. they surged 40% last year amid the work from home boom. earnings hit after the bell. that's coming up. >>> let's get straight to the big stories that we're watching. mike santoli is tracking the market action. kate rooney

welcome to "closing bell," everyone i'm wilfred frost. >> i'm courtney reagan in for sara eisen let's look at what's driving the action fed signals continue to be top of mind for investors including those comments this morning from bullard, with particular attention being paid to big swings in the bond market. it's another rough day for financials that sector is the biggest decliner in the s&p, down around 6% for the week. but there are some pockets of strength the nasdaq 100 is still pacing for a positive week with gains today for names like nvidia, adobe and tesla. 59 minutes left to go in this session andthe dow could turn in its worst week of the year. we'll watch it very closely. >> down 460 on the dow as we speak. we're covering today's volatile market from all angles helena kraft will give us her opinion. >>> let's get straight to the market mike santoli is tracking all the action for us as always. joining us with his take on the sell-off is tom lee. but mike, let's start off with the big picture. >> yeah, court knee. it's still really an spextensio of this mini panic that we g

i'm wilfred frost at the new york stock exchange.et, though still near record levels as we head into the final hour of trade. >> i'm sara eisen. let's look at what is driving the action the dow down more than 200 points but technology is holding on to gains. the nasdaq led higher with names like apple, tesla, facebook. bank of america ceo brian moynihan saying consumer spending is up versus 2019 more on those comments in just a moment >>> and bitcoi

jumping as sara was mentioning >> well, wilfred, president biden not only announce a deal on infrastructure. now, this agreement that we need includes 579 billion in new spending, $312 billion going towards transportation $256 billion would be for other infrastructure biden says it's not everything he wanted, but they're historic investments. >> this signals to the world that we can function, deliver and do significant things. these investments represent the kind of national effort that throughout our history has literally transformed america, and propelled us into the future >> the white house says they would be paid for through a combination of measures. repurposing covid funds and economic growth, among other things but biden said that democrats should pursue the rest of the agenda through the reconciliation process at the same time, and that he will not sign a bipartisan bill if the other piece doesn't come along with it. guys >> on that point, ylan, are pelosi & co. in the house -- >> house speaker pelosi said today she does not believe the house should move anything in that chamber un

a very strong day here aim sara eisen here with david faber, who's in for wilfred frost.hs of about 618 every dow stock closed in the green. united healthcare, boeing also near the top best day for the s&p since the month of may, may 14th, it looks like every sector closing higher industrials, materials very strong technology very much getting a big boost today. same with the semiconductors, the past tied to the price of bitcoin, but all higher, facebook as well, the russell 2000 index, up more than 2% on the day, taking a yearly gain so far to more than 15% >>> ahead on the show we'll discussing the by rally, and lingering concerns with rick reider lindsey bell is with us, northern trust well management katie nixon joins us today as well >> what do you do as an investor last week it was all about a pivot, and there goes value over growth, and less liquidity, and then boom, a huge rally and reversal today. >> it shows you extrapolating from a few days' activity everyone was like, no, no, value trade is over. we did a round trip, down almost exactly as much at, maybe not t

i'm sara eisen here with wilfred frost and mike santoli take a look how we finished up the day on walltreet there is the do you, fell into the close after running up to a session high in the final hour of trade didn't learn much from powell. he isn't worried about inflation, but is concerned about the variants and the fact that not all corners of the world are getting vaccines s&p 500 up at half a percent, 21 points, best performing group there, technology, was strong all day. consumer discretion was is the betts performing group the nasdaq posting a record close. nasdaq 100 as well the biggest triple impacts goes to apple, amazon and microsoft russell 2000 closing up 0.4% coming up this hour, chart watcher to be mcclellan, why they could be setting up for a july rally. >>> and.oton shares are up since the pane, making it one of the best winners for stay-at-home. >>> and now the company is making a big bet on the reopening. first up, though, charlie from a iryell investments is with us. and gregory branch joins the conversation first to you, mike, on day two of a rally, which was a bit

i'm sara eisen here with wilfred frost, and mike santoli, cnbc senior markets commentator, take a look street dow was lower 264 points it looked worse after the initial fed statement and the forecasters within the fed moved up their forecast of higher interest rates but then fed chair jay powell really played down that risk during the news conference and the margaret rallied back. the dow is down 1.3% for week. s&p 500 falling just about half a pores. worst day since may 18th which show you how little of the big moves we have been seeing lately the best performing sector, consumer discretionary thanks to amazon which had a good finish and good day financials up near the top one sector out of the 11 finishing up tech had strength in apple, amazon, tesla, nvidia as well. facebook microsoft and the russell 2000 of small caps down a quarter of 1%. thanks to the regional banks which had a strong day. >>> coming up, earnings from home builder lennar and the first report from jessica alba's the honest company plus, mark mahanay on energy stocks continuing higher as the economy continues to op

johnson on the beach, stealing the show, the johnson's son wilfred, sharing her own message of goodwill, the word love on the back of her jacket. the bidens after hours relaxing outside the converted castle that's their hotel. >> how is it going mr. president? are you enjoying it here? >> we're enjoying our walk. >> reporter: and this morning, first lady jill biden is meeting for the first time with kate middleton, the duchess of cambridge, the two of them will be touring a school here, 30 4 and 5-year-olds. and this evening a very special gathering. we have just learned that queen elizabeth will be coming here to cornwall, prince charles and the other members of the royal family for a reception with the bidens and g-7 leaders. it's going to be one of the most high profile appearances by the queen since the passing of prince philip. >>> back home, a bipartisan group of senators just announced an infrastructure deal with a big price tag. what is the agreement, and what are the chances here? >> reporter: well, so this is significant progress. that announcement being made by this group of