Power Lunch

The Dow is higher and setting records, crossing 41,000 for the first time ever. But the S&P 500 and Nasdaq are both down. We’ll dig into the numbers. Plus, semiconductors are getting hit the hardest today, and both sides of the political spectrum are targeting the sector too. We’ll bring you the latest details. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

The record market rally is rolling on today, but with some different leadership. The Russell 2000 index is up more than 2%, while the Dow is within 100 points of 41K. We’ll break it all down.Plus, TD Cowen is analyzing the impact that former President Trump’s running mate, JD Vance, could have on policy and the economy in a new note. We’ll speak to the analyst behind the call. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

We’re awaiting news on President Trump’s pick for vice president, which could come as soon as today. And it comes as the Republican National Convention kicks off, following the attempted assassination attempt of Trump over the weekend. We’ll bring you the latest details. Plus, stocks are higher across the board today. Both the Dow and S&P 500 are hitting new record highs. We’ll break down it all means for you and your money.  Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Stocks are on the rise, with the Dow crossing the 40,000 mark once again and reaching an all-time high.Are we entering a new phase of the market if the Fed is about to begin a cutting cycle? Or can big tech and small caps rally together? We’ll discuss throughout the hour.  Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

What appeared to be a CPI-rally has faded, as the tech-heavy Nasdaq is sinking nearly 2%. What are tech stocks selling off on soft inflation data? We’ll dig into that.Plus, shares of energy storage player Quantumscape are surging on a landmark new agreement with Volkswagen’s battery company. We’ll speak to the CEO about that and more. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Stocks are higher today, with the S&P 500 and Nasdaq once again hitting all-time highs. Both averages are on pace for their 7th-straight day of gains. We’ll dive into the record rally and what it means for your money.Plus, Walmart shares are higher, while rival Target is lower. We’ll speak to an analyst who’s initiating coverage on both, though is more bullish on $WMT. What does that say about his view on the economy? We’ll discuss. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Fed Chair Jerome Powell just told a senate committee the economy remains strong, despite some recent cooling. He also said holding rates too high for too long could jeopardize growth. We’ll break down what that means for timing of potential rate cuts.Plus, speaking of growth – the values of sports teams have been soaring for decades. Is there any sign that we have finally reached the peak? We’ll discuss.And, Tesla’s rally rolls on, with the stock on pace for it’s 10th-straight positive day. It’s up more than 40% during that streak. If you’re holding it, should you sell now? We’ll ask our trader. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Boeing just made a deal with the Department of Justice to please guilty to criminal charges relating to safety issues. We’ll discuss the fallout, including what lies ahead for the company.Plus, Beryl made landfall in Texas this morning as a category 1 hurricane, causing power outages for millions of homes and businesses there and snarling air travel to. We’ll get a live report from the ground. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

CNBC’s Tyler Mathisen and Kelly Evans take you through the heart of the business day bringing you the latest developments and instant analysis on the stocks and stories driving the day’s agenda. “Power Lunch” delves into the economy, markets, politics, real estate, media, technology and more. The show sits at the intersection of power and money. “Power Lunch” gives viewers a full plate of CNBC’s award-winning business news coverage, plus a healthy dose of personality from the show’s anchors and the network’s top-notch roster of reporters and digital journalists. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

CNBC’s Tyler Mathisen and Kelly Evans take you through the heart of the business day bringing you the latest developments and instant analysis on the stocks and stories driving the day’s agenda. “Power Lunch” delves into the economy, markets, politics, real estate, media, technology and more. The show sits at the intersection of power and money. “Power Lunch” gives viewers a full plate of CNBC’s award-winning business news coverage, plus a healthy dose of personality from the show’s anchors and the network’s top-notch roster of reporters and digital journalists.   Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.