Page 33 - Halftime Report News Today

Plus, were taking your questions. The Halftime Report with scott wapner joe, amy of Chevy Chase Trust and j. J. , with us today. Lets begin with the markets stocks digesting another move into the record books, setting up for what lies ahead there is a lot for investors to consider the looming meeting between President Trump, president xi increased tensions with iran, and earning season in the not too distant season we set another new record for the s p. Tech hits an alltime high today. Thats bee...

With aerial investments. Good morning to you both charles, ill start with you tech stocks have had a very strong start to the year can that continue . Well, full disclosure, ive been skeptical of these stocks for a long time and ive been wrong. And i think there are a couple of reasons that i cam concerned the first is theyve been drive higher the s p is dominated by these large companies. As more money goes into the s p and index funds, these funds buy these stocks for no fundamental reason i d...

Is there a misprice in the market half ha the Halftime Report begins right now. Welcome, our Investment Team at the table today kourtney gibsons back, the president of loop capital markets. Also with us, the head of u. S. Equity strategies as jpmorgan. We begin where we usually do, the markets. Stocks looking to build on their gains in june. So much riding on whether the fed will cut Interest Rates or in the very least attempt to signal in their next meeting next week. Steve weiss, 2 from highs ...

S p 500 hitting record levels. Were about ten points below our intraday high. Trying to close at a record high for the first time in more than eight months all three avrnls on track for a Third Straight week of gains we begin this hour in washington President Trump explaining why he called off a strike against iran just minutes before it was scheduled. Eamon javers has the latest from the white house. Thats right. The president sat down with chuck here and went through his thinking last night as...

Were about at session highs with the Dow Jones Industrials up about half a percent. The nasdaq composite is the laggard today, down about a quarter of a percent. We do have communications services, the lagging sector, real estate also lower for the session. Energy and utilities leading the way. Investors digest the news out of nvidias conference, 868. They have the new a. I. Chip. Lets just kick this off with even your initial reaction to everything weve heard so far. Jim, ill start with you. Ar...

You do have financials and Energy Taking up the slack to some degree. Inconclusive, indecisive action. Were 4 below the highs the treasury yields remain in fo focus. We did break out on tenyear yields above 4. 25 taking us back to 2008 the 30s are at 4. 40. Its a consistent story were pricing for a better growth economy, high real inflation adjustment yields. We can bet the economy can handle it or not plus a supply demand issue for debt. Look, the latest data is supportive of those higher yield...

Three averages but down 0. 4 and the nasdaq, that tech trade that is the laggard, down about 1 at this point and, of course, the russell has been struggling this week. We want to watch that one as well. When it comes to sectors, again, technology is the biggest laggard down more than 1. 3 , and energy is leading the way but up just 0. 3 . Its been an interesting week. Steve weiss, i will start with you, and i know mike and sara were ending the show talking about nvidia. Its up today. However, it...

Hotter. Retail sales lighter. Jobless claims lighter, too. You have yields moving up. Take a look at the ten year, was 4. 26. Nvidia is lower. Tesla is lower again down 5 this week. The worst s p stock year to date. So were watching all of that. The point being, as i turn to josh brown, you say its not the place to look anyway, if youre thinking about where this next leg of the rally will come from, if you do believe one is in the offing, you say it will come from the small caps and thats where ...

The answer, unfortunately, is the very culprit caught in a u. S. China tugofwar right now. Details on what can boost chinas productivity and whether they could gain access to it september 1st is when drug Price Reductions are set to take effect and one of our guests says it will make the entire largecap pharma space vulnerable and it will hit five names first. We have those details ahead. If thats not enough, dom chu has a look at the market you and i have been up very early and we are still upr...

We have several moves to get through from the committee today, and were going to start there and start with josh brown who bought a few new things. I want to tell you about all those. You bought ebay, which hit a 52week high on monday. Thats the highest since february of last year. Tell me why that one has been added to your portfolio. So this is a breakout in progress. It got above longterm resistance, which was 48. I think it will hold that level, but well have to see. This is the highest leve...