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Would it be a mistake right now . And we do expect big news from tesla during power lunch. It could move the stock. Mandy is off today but were happy to have melissa lee join us from the nasdaq. Well get down to her in just a moment. We begin with the big story on the American Housing market. Some really bullish new data but how bullish are they really . Diana olick in washington with the startling numbers. Di . Reporter well, tyler, its bullish depending on your take. Home construction took a big leap in june up nearly 10 from may but it was all driven by the multifamily apartment side. Rente...

That conference. A lot of optimism there. And well discuss why hundreds of millions of dollars are going into Alzheimers Research it still may not be enough to make any real progress. Also along musk discussing the latest spacex rocket failure right now. Well bring you the latest headlines soon as we get them. We start with our closing bell exchange. The major averages are in record territory. Territory. Mr. Willis whats moving this market today . This is another one of those days where we are hitting singles. No home runs but enough to put us over the top for the s p and the nasdaq in record ...

Hes a war hero because he was captured. I like people who werent captured, okay . I hate to tell you. Do you agree with that . Hes a war hero because he was captured, okay . And i believe perhaps hes a war hero, but right now he said some very bad things about a a lot of people. Stuart that comment, as you might imagine, did not go down very well. He is answering his critics in an op to you would in the usa today. Heres one of the quotes. John mccain has could his own constituents who want a secure border crazies no one including the Republican National committee criticize the senator for thos...

Lets get down to business and tell you whats going on this morning. U. S. Equity futures right now. Youre looking at a morning with red arrows. Dow jones would have opened about 46 points down. Nasdaq off 49 points off and s p 500 off about 6 points. But as you would say joe so goes apple so goes the dow. And the nasdaq which has been doing better recently and then yesterday anyone cares to be watching says the dow is getting crushed down 200. If you added it up it was like 140 at one point during the day. The vast majority of the decline. Right. Which made me think that maybe the dow wasnt do...

Varney company is about to begin. Look closely, please on the lower left of your screen you can see the flag atop the u. S. Capitol lowered to half staff in honor of the four marines and sailor killed last week in chattanooga. Speaker speaker Speaker Boehner making that order however at the white house the flag is not at half staff. Lawmakers want to know why. Listen to this. The flag goes to half mast for all other types of incidents around the country. Five servicemen have lost their lives. I cant imagine. When asked about the white house secretary josh earnest said today. Youll have the pre...