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Year auction that has taken the wind out of the big Growth Stocks. 59 minutes left to go. Now just about 20 points away from a record on the s p 500 wilfred, we crossed over that level that would have been a closing high we lost a the lot of steam i know. We didnt quite make it and sold off near the close but doesnt look likely to happen today as things stand lots to come on todays show well hear from two key market voices as the s p 500 nears and pulls back and then hovers below that all time h...

The election conversation right now. Speaker pelosi calling the house back into session for urgent action, she says, on the matter. So urgent they are not coming back until later this week. Meanwhile, the market shrugging off any possible chaos from the election. The s p, in fact, could hit an alltime high today. Goldman sachs is raising its forecast on the s p to 3600 by years end. Its also a big week for retail as well. Several Big Companies reporting profits starting with walmart and home dep...

Leaning on big cap tech. Once again ass an anchor s p 500 First Time Since february, microsoft, tiktok in the news schumer says the democrats in the white house have started to move a little closer on a stimulus agreement, and of course david disney tonight, which will give us all kinds of information about the progress of parks, studio entertainment, advertising and more as we have said many times over the last few months, disney in some ways a reflection of the economy, certainly the consumer ...

Tomorrow, a big day on capitol hill and a big day for silicon valley. The ceos of facebook, google, willbet, apple, and amazon all be testifying before the house antitrust subcommittee. We will speak to a member of that committee, representative hank johnson, in just a moment. First, we want to look at how markets are moving ahead of those reports. I want to bring in bloombergs kailey leinz, who has been following the market move today. Kailey we really saw the downward move heading right into t...

As big as apple and starbucks and shut down a major form of personal communication between the u. S. And china. Doubtsre increasing about an agreement on another round of stimulus. The president now expected to bypass congress with more executive orders. Microsoft leading some of the declines today. Scarlet fu has been following the market action. Talk to us about the trading moves on the back of all this tension rising between the u. S. And china. Scarlet fridays in august are not usually known...

Written materials. You are the ema offices that required for all meetings. I expect all members to wear a mask expect when speaking. I recognize myself for an opening statement. More than a year ago, this subcommittee launched an investigation into Digital Markets. The twoives b have been to document problems and since then, weve received millions as well as conducting hundreds of hours of interviews. There were experts here, the subcommittees Ranking Member. We work closely with all members who...

Regarding microsoft. Some people did not like the quarter but now we have something that puts them right it not passing in terms of the growth google and facebook among a certain demographic that people want which is the 18yearold demographic. I go on tiktok and there is a good one right now about Federal Express delivering packages versus u. P. S. Versus the post office david, your kids may like it at the same time, its got a lot of viewers it does 80 million here in the states. Yes, one of min...

But i think that the sideways period that we have had, has that cooled off for a few weeks, going nowhere. The s p has been in the tight range through july that whole period netted out we could not get away from upside risk. No selloffs, and you had things like m a popping up today and friday, and the idea that we may get a fiscal deal, and the highest stocks in the world continue to pull in dollars. Yeah, i know in general youre not a huge fan of seasonty and people making arguments based on se...

Good thursday morning. Welcome to squawk on the street. Im carl kint nia and jim cramer still over 1 million for the 20th straight week ahead of the jobs number. Leader mcconnell will join us on the stimulus talks that continue on the hill followed by Speaker Pelosi later this hour, jim, as we continue to get reports that the two sides are trillions of dollars apart. Yeah. This is a day where we have to find out in our interviews whether theres any hope for compromise because if there isnt, your...

The law and protect their property amid growing violence over the weekend. Finally to philadelphia, Major League Baseball facing Major Concerns amid reports that the yankees versus phillies and marlins versus orioles games are postponed tonight after a coronavirus outbreak. Well discuss all this coming right up. But first, Top Senate Republicans expected to take their second crack unveiling a new round of covid stimulus. Well talk, well be talking about Mitch Mcconnell coming up. He is going to ...