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How apples shakeup is driving the blue chips plus the online surge, best buy notching is 242 gain in ecommerce sales in the Second Quarter but can it last . Trade optimism, u. S. And china officials reaffirming their phase one commitment, the s p is poised to add to its record run. Jim, i saw you last night mentioning those changes to the dow and your general point was dont be fooled in thinking there is as much money indexed to the dow as to the s p. We said that last night, its been the theme all morning and theres been no sellers. One of the reasons theres been no sellers are the people who...

Overshadowing the iphone 11. Do either move the needle for investors . Plus, quote, bone heads, president taking on the fed, calling the extcentral bank naie and telling them to cut to zero. Is wall street afraid of Elizabeth Warren more from jim on what hes hearing from leaders in the financial industry about the 2020 president ial race start with apple, though, shares rising one day after the big product event, not only did the company unveil a new line of iphones, and other devices, created lots of buzz with news of apple tv plus that this is what tim cook had to say on stage. Were excited ...

Good thursday morning. Welcome to squawk alley. Im jon fortt with morga brennan, david faber, here at post 9 at the New York Stock Exchange carl is on assignment. And were going to begin with todays rally. Stocks surging all of the major indices up more than 1 . Our dom chu is back at headquarters with a look at what is driving the gains today dom . So, jon, we are right near highs of the session right now the dow is up about 458 points, 452 at this stage. And as you can see here, almost 1. 5 to 2 gains at this stage for the major indices. The s p 500 really the laggard there. A lot of tlechno...

Are banks back . Scott, look at it this way. The fourth time weve had this conversation only to have our hearts broken 60 days late whir the fed doesnt raise rates. A great trade. Investment . No. Banks arent ready for primetime. A sector that will lag against next year if the fed doesnt give 50 bips at least of rate hikes. Think dont make money. Roi, absolutely terrible. Anybody on the other side of that . No one likes the banks here and thinks theyre back . Two things. Kevin is absolutely right. Where rates are right now and where pretty much everyone predicts theyll be for the foreseeable f...

Senate Banking Committee cherish charred shelby. The committee will come to order. Today, well learn more about the events and the circumstances, that led to the enforcement action against wells fargo by the City Attorney, and the occ and the c. F. Pb. But first today, well receive testify from john stumpf, hes the c. E. O. And chairman, who is was us. Welcome. We will then here from the Los Angeles Deputy cheer whose office was the first for commence the action and finally from the occ and. C. F. Pb. We look forward to hearing from both panels because much remains unclear about what transpire...