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Transcripts For CNBC Power Lunch 20240712

New stimulus package out of d. C. More progress on the big vaccine front. That is putting the competitor moderna on the become burner for today. Shares of wayfair are up 950 from march low well tell you the other radar e commerce player investors are diving into. Power lunch starts right now kelly. Thank you. Its not the typical rally we have seen but the s p is still on track for its best july since 2013 lets get over to bob for more on whats moving now bob. Last week we had cyclicals and value stocks really doing well at the expense mostly of tech like amazon down 8 not happening, not today bottom line here is apple, visa microsoft really helping the dow. Exxon, chevron not helping we have been trying to get over ta june 8th high thats the height of opening, reopening hopes. 32 or so were over that. We close over that youll hear the technician squawking about this one this means were positive for the year as well megacaps leading the way this crazy bullishness, amazon is up 70 of the ....

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