In an Ongoing Investigation that now has its principle player dead. But first stocks in and out of session lows. Though not as low as we were earlier on, on the first hint of trouble in hong kong, the 10th straight weekend involving the airport. Susan li at the new york stock exchange. Hey, susan. Susan neil with all the uncertainty we have investors running into safety. 10year treasury testing a new threeyear low. 166 basis points, that is below the borrowing rate from the u. S. Federal reserve. Industrial, energy, consumer cyclicals all those names being sold off. In rather what i would call you a thin volume summer trading day. Some of the moves might be more exaggerated. Mcdonalds, home depot, accounting for 1 3 of the dows losses. The vix surging above 20. 20 is not out of the realm possibilities. It is not panic levels. We have to look at volatility. Goldman sachs getting all buzz on the trading floor. We started out with goldman putting out a note, chances of recession have now
On this note, to scott wapner and the half. Thanks so much. Welcome to the Halftime Report. Im scott wapner. We begin with stocks moving higher this hour on pace for their best day in more than a month. This as earnings season begins hot and heavy tomorrow. Can the rally continue . Well ask that question today to one of wall streets legendary investors, leeon cooperman. Also with us lets begin with a big day on wall street and welcome in lee from florida. Welcome back. Nice to see you again. Nice to be with you. Thank you for having me. You bet. You were with us some three months ago and you said you werent sure if we were in the seventh or ninth inning of the bull market. Do you have better clarity on that today . No. I would say were not in the early innings. But the conditions that could bring significant market decline are not present. Bear market rs associated with the stock market sensing a recession hitting all the Economic Data looks fine. Chinas getting stronger, u. S. Economi
Mostly dry and watch over connecticut first, this is where the warm humid air comes from and warm front coming across, three to 5 00 p. M. Watching out for threat for stronger storms and then we have round two potentially into the evening as a line of storms may be arriving as low Pressure Center tracks by to the north. Couple things to keep track of. Temperatures today lower and middle 80s and getting more humid later in the day so get the plans done earlier rather than later. Catherine 9 01. North of the city see 128 not doing too bad, slow in usual spot there lexington, 93 youre jammed up there in medford and somerville all the way make way into the city, looking south now expressway jammed up between quincy and milton, 128 very slow between needham and milton as well and brighton moving well and spot as make way eastbound and here are drive times for split and 37 minutes and 93495 to leverett connector and take you almost an hour right now. Catherine teen sitting in car when hit an
Has almost eight times more sanctions with then we have a regime that does possess a Nuclear Weapon we have more work to do there is a great step the also the United Nations disappointment. I think it is good you bring up the fact when we begin putting the sanctions in place there was a lot of push back for these to work properly to make the biggest difference of outcomes and when we began the process it was unilateral and well we stress on the front end aware that originated to put in place efforts in they were able to for say behavior change. I think they thought they would have a better outcome but. But first but she went to work with our personnel and and the chinese put such an emphasis on stability in to it is right on their border but but more important and the patience that you talked about earlier he has been around as the chief intelligence director in washington 43 years. He knows he is talking about he is never been in this type of a threat position in all 43 years. He wave
Because success takes partnership, and only through discipline and trust can we create something greater than ourselves. Mufg we build relationships that build the world. And now, bbc world news america. Bbc world news america, reporting from washington. Im jane obrien. Welcomes these chinese leader, but president obama makes it clear where he stands on cybercrime, saying he had it has to stop. John boehner announces he will step down and leave Congress Next month. John boehner this morning i woke up and said my prayers as i always do and decided i had paid my dues. Its as simple as that. Jane the faces of the missing with photos from around the world. Jane welcome to our viewers on Public Television in america and around the globe. Today, the u. S. And china announced they were taking new steps to address the contentious issue of cybercrime. Joint newsame from a conference between the two president s at the white house. At the same time, president of freshe the threat sanctions if hac