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Katie Ledecky’s first question was quintessential Katie: Hey, I’m coming home to Maryland for a few days in May. And he watched 27-year-old Katie Ledecky work the room, taking photos with those who asked and speaking with people from all walks of life. The little girl who once dressed up as Katie Ledecky for Halloween qualified to be part of the women’s 4×200-meter freestyle relay with her. Katie Ledecky, right, embraces Erin Gemmell after the 200-meter freestyle at the U.S. Olympic trials. Katie Ledecky shows off her gold medal from the 800-meter freestyle at the Tokyo Olympics in 2021.
Persons: Bruce Gemmell, Katie Ledecky’s, Katie, I’m, you’d, ” Gemmell, , , Joe Biden, Gemmell, Biden, Katie Ledecky, Nancy Pelosi, it’s, , Erin, Ledecky, she’d, Erin Gemmell, Gemmell’s, Sarah Stier, She’s, ” Erin, It’s, Andrew, Erin can’t, can’t, Erin isn’t, she’s, ” Bruce Gemmell, ” Ledecky, Alex Shackell, Claire Weinstein, Katie Grimes, Larisa Latynina, Summer McIntosh, She’ll, Oli Scarff, doesn’t, you’re, I’ve, Yuri Suguiyama, That’s, London …, Eamonn Dalton, Al Bello Organizations: Paris, London Olympics, Rio Games, U.S . Olympic, Olympic, U.S, Team USA, Los Angeles Olympics, Paris Games, Tokyo, Getty, London Locations: Maryland, Delaware, London, Indianapolis, Paris, North Carolina, Croatia, Soviet Union, Australia, AFP, Rio de Janeiro
Opinion | Joe Biden, My Friend and an American Hero
  + stars: | 2024-07-22 | by ( Jon Meacham | ) www.nytimes.com   time to read: +2 min
It was only six weeks ago, on the 80th anniversary of the D-Day landings, and President Biden had just finished his remarks at the American cemetery atop Omaha Beach. And Mr. Biden has done just that. To be clear: Mr. Biden is my friend, and it has been a privilege to help him when I can. Here is the story I believe history will tell of Joe Biden. With American democracy in an hour of maximum danger in Donald Trump’s presidency, Mr. Biden stepped in the breach.
Persons: Biden, , Mr, George Washington, Abraham Lincoln, Joe Biden, Donald Trump’s, Organizations: Democrat, Democrats, Republicans Locations: Normandy, United States, Omaha
CNN —Kamala Harris has spent much more of her life as a prosecutor than as a senator or vice president – and that is exactly how she is now going to run against Donald Trump. The vice president had expected that to be part of her role making the case for Biden. “As a former prosecutor, Vice President Harris has a lot of experience holding convicted felons accountable,” said Massachusetts Sen. Elizabeth Warren, a former primary opponent in the 2020 Democratic race who quickly endorsed Harris after the news of Biden’s decision broke. “The prosecutor approach is really about just deconstructing an issue,” Harris told CNN in an exclusive interview after a campaign stop in Las Vegas in April. He was a for-profit college – literally,” a narrator says, as footage of first Harris and then Trump goes by.
Persons: CNN — Kamala Harris, , Donald Trump, Joe Biden’s, Harris, Trump, Biden, , “ Kamala Harris, It’s, Massachusetts Sen, Elizabeth Warren, ” Warren, Timmaraju, she’s, Roe, Wade, , ” Harris, Harris ’, “ He’s, Maya, Hillary Clinton, fumed, Tyra Banks, Tony West – who’s, , “ She’s, Eleni Kounalakis, Josh Shapiro, Roy Cooper, Pete Buttigieg, JD Vance, Andy Beshear, Arizona Sen, Mark Kelly, Shapiro, Beshear, Cooper, Harris wouldn’t, She’s, Kamala, Devi, ” Timmaraju, Jahana Hayes, Hayes, Laphonza Butler, ” Butler, vouching, hasn’t Organizations: CNN, Naval, GOP, Advisers, Democratic, Senate, Consumer Financial Protection Bureau, Trump, ACLU, Andrews Air Force Base, Air Force, Justice Department, Democratic Party, North Carolina Gov, Transportation, Kentucky Gov, Arizona, Howard University, Democrats, Democrat Locations: New York, Massachusetts, California, Fayetteville , North Carolina, Las Vegas, America, Washington , DC, Provincetown , Massachusetts, Pennsylvania, Provincetown, American, Oakland
For Fashion, Sports Stars Are the New Superstars
  + stars: | 2024-07-21 | by ( Vanessa Friedman | ) www.nytimes.com   time to read: +1 min
In the late 1990s, something strange started happening on the cover of glossy magazines. Instead of models, movie stars increasingly became the faces of choice. And not just in the world of men’s wear, which has long embraced the sports world as part of the fashion world for reasons related to long-held gender stereotypes), but in all worlds. “Sports stars are the new Hollywood stars,” said Jens Grede, a co-founder of Skims, a brand that reached a $4 billion valuation in four years in part by focusing campaigns on athletes. star Shai Gilgeous-Alexander, the Olympic gold medal gymnast Sunisa Lee and a host of W.N.B.A.
Persons: Linda Wells, , , Jens Grede, Shai Gilgeous, Alexander, Sunisa Lee, Skylar Diggins, Smith, Cameron Brink
Opinion | How Trump Sabotaged His Own Apotheosis
  + stars: | 2024-07-20 | by ( Ross Douthat | ) www.nytimes.com   time to read: +1 min
The six days that carried Donald Trump from the stage in Butler, Pa., to the rostrum at the Republican National Convention seemed at times like the buildup to a moment of total political domination, an apotheosis for the Republican nominee and confusion and defeat for his opponents. The image of Trump rising, alive and fighting and undaunted, under the red, white and blue. The cohesive and enthusiastic Republican convention that followed, complete with the anointing of a youthful vice president and heir apparent, all in contrast to the spectacle of a Democratic Party trying desperately to jettison its senescent standard-bearer. The promises of a conciliatory and unifying acceptance speech, finally delivering the “presidential” Trump that Republicans have strained to see these last eight years. For the first nearly 20 minutes of the speech, as Trump walked the audience through the experience of surviving an assassin’s bullet, the apotheosis seemed to be on track.
Persons: Donald Trump, Trump, ” Trump, transmuting, Joe Biden, Kamala Harris Organizations: Republican National Convention, Republican, Democratic Party, Republicans, Trump Locations: Butler, Pa, shapelessness
Rucking appealed to me because it seemed like a simple way to make my daily lunchtime walks more efficient. That said, it doesn't look like a normal backpack, so I did get a few strange looks as I strolled around the rural village where I live on a weekday lunchtime. It felt very different from carrying a normal backpack, too, likely due to the weight and its positioning. AdvertisementI also learned that the ruck isn't something I will just always throw on when going for my daily walk. It ended up being a great workout, and definitely left me with aching muscles the next day.
Persons: , Rucking, rucking, Tia, Clair Toomey, Orr, I've, rucker, it's, Rachel Hosie, I'd Organizations: Service, US Army, British Royal Marines, Business, Rucker, Wimbledon Locations: London, Bulgarian
CNN —The Curiosity rover has made its most unusual find to date on Mars: rocks made of pure sulfur. “I think it’s the strangest find of the whole mission and the most unexpected,” said Ashwin Vasavada, Curiosity project scientist at NASA’s Jet Propulsion Laboratory in Pasadena, California. Previously, while exploring Mars, NASA’s Spirit rover broke one of its wheels and had to drag it along while using the other five to drive backward. And Vasavada says it’s what inspired the team to “look behind” the Curiosity rover — otherwise they wouldn’t have seen the crushed sulfur. To determine what process formed the sulfur rocks, the team considered nearby bedrock instead.
Persons: , Ashwin Vasavada, , Sharp, White, Vasavada, ” Vasavada, Briony Horgan, Curiosity, Mount Sharp, Becky Williams, Gediz, “ It’s, we’re, ” Curiosity’s, “ I’m Organizations: CNN, Jet Propulsion Laboratory, JPL, NASA, Caltech, Mars, NASA SVS, Spirit, Purdue University, Planetary Science Institute, Curiosity’s Locations: Pasadena , California, , Mars, West Lafayette , Indiana, Mt, Gediz, Gale, Tucson , Arizona
I first learned of the Swype vape on social media, where a few doctored images of its screen had gone viral. AdvertisementNow, an obvious disclaimer: Business Insider does not endorse vaping or starting to vape simply because it seems like it would be funny to have a vape phone. (Samatha Cole of 404 Media also tried out the Swype vape; we didn't plan this. The touchscreen does display notifications when you swipe up — I could see messages from Signal, news push alerts, X notifications, and texts. This app seems designed not for the Swype vape but for some sort of wearable fitness tracker.
Persons: I'm, Vape, vaping, Pina Colada, Samatha Cole, Katie Notopoulos, it's, Samantha Cole, I've, Insider's Jordan Hart, Tim Cook Organizations: Service, Business, Media, Bluetooth, Aircraft, Google, Shenzhen Communication Technology, Apple Watch Locations: Shenzhen, China
CrowdStrike is well-known in the cybersecurity industry, but until today, I don't think anyone was aware of its dominance as a platform on Windows. However, CrowdStrike might have evidence to suggest that this is a freak accident, so I don't think it's fair to point fingers too much. I don't think that's realistic. I don't think anyone really understood the true scope and presence of CrowdStrike before today. I don't think technology is intrinsically good or evil; it depends on how it's used and regulated.
Persons: , Ahmed Al Sharif, Al Sharif, I've, Al Sharif's, I'm, It's, You'll, CrowdStrike, it's Organizations: Service, EA, Meta, Business, Barcelona International, London Heathrow, El, Airport Locations: Barcelona, London
But before my second was born, my family moved to rural New Hampshire for my husband's job. The kids' school (a town over) is 20 minutes from home, while the grocery store is 25. When the kids inevitably break a bone during their adventures, we need to drive 45 minutes to the hospital. My life feels more relaxed hereAfter three years of living in that town, going even more rural felt like an easy choice. My kids didn't choose to live in the middle of nowhere, and I don't want it to hold them back.
Persons: , I'm, Maxx I'd Organizations: Service, YouTube, Business, Walmart Locations: Boston, New Hampshire, Vermont, Massachusetts
Part of its viral marketing also included a website about the so-called "Birthday Murders," styled like a throwback '90s webpage. AdvertisementA website about the fictional Birthday Murders created by Neon. The Birthday Murders website looks like any number of actual true-crime forums frequented by people who like to talk about and dissect unsolved murders. The 'Longlegs' director says his movie's dolls were inspired by a small detail in JonBenét Ramsey's murder caseFBI agent Lee Harker investigates the Longlegs murders. In the ending of "Longlegs," Longlegs is revealed to be a Satan-loving dollmaker who handcrafts life-sized dolls that look just like the daughters of each family he kills.
Persons: Nicolas Cage, Oz Perkins, Lee Harker, Maika Monroe, who's, Lee, Ed, Lorraine Warren, it's, Longlegs, Ruth Harker, Ruth, Ruby, Carter's, Perkins hasn't, NEON Perkins, Perkins, Gus Van Sant, Anthony Perkins, Norman Bates —, James George Frazer, JonBenét, JonBenét Ramsey, Ramsey, ciphered Organizations: Service, FBI, Business, Collider, Longlegs, Lambs Locations: Boulder , Colorado
He was giving me six months to live, and that was "pushing it," in his words. A doctor told me I needed aggressive treatment immediatelyAt first, the emotions didn't hit me. I was the one who had just been given six months to live. The doctor told me we didn't have time for that; we needed to start aggressive treatments immediately. When the first doctor told me I had six months to live, I knew I would make it to seven.
Persons: Brittany Rudy, I'd, , I've, I'm, Cameron Organizations: Service, Business
But, according to the cybersecurity company's terms and conditions, CrowdStrike doesn't have to shell out anything more than a simple refund. The terms for CrowdStrike's Falcon security software — which is used by companies and government agencies around the world — limit liability to "fees paid." AdvertisementThat means CrowdStrike users who signed the standard terms and conditions can't expect to get more than a refund from the company, Waller said. Related storiesBigger companies using CrowdStrike's software — like some of the airlines or hospital chains affected — may have negotiated different terms and conditions contracts with the cybersecurity company. According to Waller, most cyber insurance companies have policies that cover "contingent business interruption" or "dependent business interruption."
Persons: , Elizabeth Burgin Waller, Woods, Waller, CrowdStrike didn't, I've, CrowdStrike, We've, SolarWinds, Paul Engelmayer Organizations: Service, CrowdStrike's Falcon, Business, CrowdStrike, Woods Rogers, CrowdStrike's, SEC, Securities and Exchange Commission Locations: Manhattan, Russian
The information for the following product(s) has been collected independently by Business Insider: Citi Strata Premier℠ Card, Citi Prestige® Card, Citi Rewards+® Card, Citi® Double Cash Card, Citi Custom Cash℠ Card, AT&T Points Plus® Card. Good Citi Airline Transfer PartnersSome Citi airline transfer partners can provide decent value, but only in certain situations. Citi Airline Transfer Partners That Aren't Great ValueThe rest of the Citi ThankYou airline transfer partners are generally not worth considering, except for extremely niche redemptions. Otherwise, with the Citi Rewards+® Card, Citi ThankYou® Preferred Card, and Citi® Double Cash Card, the ratio is 5:4 (1,000 Citi ThankYou points = 800 Wyndham points). Other Rewards ProgramsIn addition to airline and hotel transfer partners, Citi ThankYou has one retail transfer partner.
Persons: Wyndham, Hilton, Lifemiles, Avianca, Eva, it's, It's, Accor, you'll, Howard Johnson, Travelodge —, you've, nonrefundable — Organizations: Business Insider, Citi, Premier, Card, Citi Prestige, Wyndham Rewards, JetBlue, Air France, KLM, Singapore Airlines, Cathay Pacific, Citi Transfer, Citi Strata Premier, Citi Prestige ®, Partners, Turkish Airlines Miles, Turkish, Star Alliance, Miles, United Airlines, United, Blue Air France, Singapore Airlines KrisFlyer Singapore Airlines, Air, Lufthansa, Alaska Airlines, KrisFlyer, Virgin Atlantic Flying, Virgin, Delta, Flying, Ethiopian Airlines, Good Citi, Transfer Partners, Etihad Guest Etihad, Czech Airways, Etihad, Royal Air Maroc, Cathay, Cathay Pacific Asia Miles Cathay, Oneworld, American Airlines, British Airways, Qantas Frequent Flyer, Qantas, Transfer, Aeromexico, Premier Aeromexico, Emirates Skywards, Emirates, Qatar Airways Privilege, Gulf, American, Qatar Airways . Thai Airways Royal Orchid Plus Thai Airways, Raffles, Citi Premier, Prestige, Choice, Comfort, Radisson Hotels, Radisson, Wyndham, Vacasa, Sears, CitiTravel.com, EV, Aeromexico Club Premier Air France, Cathay Pacific Asia, JetBlue TrueBlue Qantas Frequent Flyer Qatar Airways Privilege Club Singapore Airlines KrisFlyer Thai Airways Royal Orchid Plus Turkish Airlines Miles, Smiles, Atlantic Flying Club Wyndham Rewards, Locations: Hawaii, Europe, Air Canada, Singapore, Delta, Prague, Seoul, New York, JFK, Casablanca, Cathay Pacific Asia, Los Angeles, Hong Kong, Cathay Pacific, Emirates, Qatar, Fairmont, Sofitel, Clarion , Cambria, Canada, Caribbean, America, Chevron
Definition and types of credit card fraudCredit card fraud is a type of fraud that involves the unauthorized use of your credit card information. Credit card fraud can majorly impact your credit score and finances. Preventing credit card fraudCredit card fraud is still a problem for one simple reason: It continues to work. Frequently asked questions about credit card fraudWhat are the signs of credit card fraud? If you lose your credit card, report it immediately to your credit card issuer to prevent unauthorized use.
Persons: , It's, Jeff Bezos, you'll, Wells Fargo, Banks Organizations: Service, Electronic, American Express, Citi
The rotation trade likely won't save the S & P 500 from a double-digit correction ahead, according to Sam Stovall, chief investment strategist at CFRA Research. On the other hand, the mega-cap tech stocks have faltered. But Stovall is skeptical, saying he anticipates an S & P 500 pullback ahead, possibly in September, in the low double-digits. Expensive valuations Central to the strategist's concern is the overbought nature of large-cap tech stocks. Rotate into very attractive mid- and small-cap stocks or mid- and small-cap ETFs," Stovall said.
Persons: Sam Stovall, Stocks, Jerome Powell, Russell, Stovall Organizations: CFRA Research, Federal, Nvidia, CNBC Locations: Great
Read previewAlthough the cost of a cruise is going up, this form of travel is still the best value for a family vacation right now. The average price of a cruise is up more than 40% since 2019, according to Cruise Critic data reviewed by CNBC. Finer fare, similar to what's included on cruise ships, costs even more. Plus, hotel prices are also on the rise, up 40% to 50% compared to 2019. Meanwhile, a three-night sailing on the Utopia of the Seas, Royal Caribbean's newest cruise ship, can cost $533 a night.
Persons: , David Bernstein, who's, I've, Amanda Adler, I'm Organizations: Service, CNBC, Business, Prima, Entertainment, Seas, Royal, New Zealand Locations: Norway, Iceland, Caribbean, Europe, New
CNN —Like its titular tornados, “Twisters” blasts through a lot in its 122-minute runtime. Generally, scientists are the least certain about the connection between tornadoes and climate change as it’s unclear how warming temperatures are changing storms themselves or the outbreaks. Cathy, a local farmer, gripes that storms and floods are becoming more frequent, and the price of wheat more expensive, while stopping short of citing climate change. However, for a film populated by scientists and clued-in citizens to not mention climate change is a little like the twisters themselves: there’s a hole at the center. !”“Making a ‘Twisters’ movie in Tornado Alley during storm season, tornado season, it’s kind of perfect.
Persons: Glen Powell’s brawn, , , Lee Isaac Chung, “ We’ve, , Javi, Anthony Ramos, Kate, Daisy Edgar, Jones, ” Lee, Maura Tierney’s, Cathy, that’s, Lee, Glen Powell, Mark L, Smith, Joseph Kosinski, it’s, we’re, Kevin Costner, Yorgos, Matt Smith, Fabien Frankel, Anya Taylor, Joy, Max, George Miller, Chris Hemsworth, Samsik, Kang, , Nicola Coughlan, Luke Newton, Guy, Ryan Gosling, Emily Blunt, David Leitch, stuntmen, Jane Schoenbrun, Justice Smith, Brigette Lundy, Paine, Josh O'Connor, Idris Elba, Adam Pally, Hao Xuande, Sandra Oh, Chan, Henry Cavill, Alex Pettyfer, Guy Ritchie's, Guy Ritchie, Jerry Bruckheimer, Isabella Rossellini, Kristen Stewart, she's, Denis Villeneuve, Frank Herbert's, Jessica Chastain, Austin Butler, Ambika Mod, Leo Woodall, Molly Manning Walker, Bryan Cranston, Matthew Vaughn, Ava DuVernay, Aunjanue Ellis, Taylor, Paul Mescal, Andrew Scott, George Clooney, Pedro Alonso, Penelope Cruz, Laura Garello Ferrari, Adam Driver, Michael Mann, Emma Stone, Bella Baxter, Willem Dafoe, Mark Ruffalo, Ramy Youssef, Imelda Staunton, Dominic West, Ncuti Gatwa, Paul King, Hugh Grant's Oompa, Napoleon, Vanessa Kirby, Ridley Scott, Nicolas Cage, Emerald Fennell, Jacob Elordi, Priscilla, Sofia Coppola, Elvis Presley, Kitty Green, Justine Triet, Sandra Hüller, Palme, Ryu Seungryong, Oppenheimer, Christopher Nolan, Cillian Murphy, Robert Downey Jr, Margot Robbie, Ken, Greta Gerwig, Mattel, Tom Cruise, Christopher McQuarrie, Simon Pegg, Scarlett Johansson, Jason Schwartzman, Adrien Brody, Jeffrey Wright, Wes Anderson, Celine Song, Greta Lee, Halle Bailey, Javier Bardem, Kim Woo, Seung, Cho Ui, seok, Jan de Bont’s, ” Glen Powell, Melinda Sue Gordon, Ramos, Powell, everybody’s weirdly, ” Powell, Tyler Owens, “ I’m, anyone’s Organizations: CNN, , Universal Pictures, Warner Bros ., CNN CNN, Ungentlemanly, Locations: Midwest, Oklahoma, Arkansas, Korea, Modena, Palme d'Or,
Patrick Healy, the deputy Opinion editor, hosted an online conversation with the Times Opinion columnists Ross Douthat, David French, Michelle Goldberg and Bret Stephens to discuss Donald Trump’s choice of J.D. Vance as his running mate — why Mr. Trump picked him, how Mr. Vance could help the ticket, what’s surprising and unusual about the vice-presidential nominee, and what if anything worries our columnists about Mr. Vance. Patrick Healy: The answer to one of the biggest questions of the presidential election has now been revealed: Donald Trump has chosen J.D. Vance as his running mate. What was the first thing that popped into your minds when you heard Trump had picked the first-term senator from Ohio and why?
Persons: Patrick Healy, Ross Douthat, David French, Michelle Goldberg, Bret Stephens, Donald Trump’s, Vance, , Trump, Donald Trump, Fareed Zakaria’s, Trumper Organizations: Fareed Zakaria’s CNN, Republican Party, Trump Locations: Ohio, United States
Read previewWarning: Major spoilers ahead for "House of the Dragon" season two, episode five. Daemon Targaryen (Matt Smith) dreamed that he slept with his mother, Alyssa Targaryen (Emeline Lambert) in the latest episode of "House of the Dragon" season two, in a surprising incest scene that shocked fans. In episode five, "Regent," Daemon is still in the haunted castle, Harrenhal, while he tries to rally an army for Rhaenyra Targaryen (Emma D'Arcy). In episode five, Daemon dreamed that he slept with an unknown woman with long white hair. At that point, Daemon realized that the woman was his mother, Alyssa.
Persons: , Daemon Targaryen, Matt Smith, Alyssa Targaryen, Emeline Lambert, Rhaenyra Targaryen, Emma D'Arcy, he's, Alys Rivers, Gayle Rankin, Alys, hasn't, Rhaenyra, Daemon, Viserys, Alyssa, , , Daemon hallucinate, Princess Alyssa, Aly, abou, gary Organizations: Service, Business Locations: Harrenhal, Alys, bor
Ancient relative of the great white sharkMost species of Ptychodus lived between 100 and 80 million years ago during the late Cretaceous period. Because shark skeletons are made of cartilage, they do not fossilize well, typically leaving archaeologists only teeth and few skeletal remains to find. Lamniformes also includes the modern species of megamouth, sand, goblin and basking sharks, among others. “The crushing teeth together with the gigantic size make Ptychodus a very unique shark,” Amadori said. … Modern durophagous sharks (that consume hard-shelled organisms) are demersal, feeding on or near the bottom.
Persons: , Eduardo Villalobos Segura, Villalobos Segura, Lamniformes, Manuel Amadori, Amadori, Michael Everhart, Louis Agassiz, Everhart, mortoni, , ” Amadori, , Jürgen, Bretton Kent, ” Kent Organizations: CNN, Royal Society, Biological Sciences, University of Vienna, Sternberg, Nuevo León, University of Maryland Locations: Mexico, Austria, Nuevo León, Vallecillo, Nuevo, Hays , Kansas, Ptychodus
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. I almost choked on my spit as I tried to process the fact that meant he was 19 years younger than me. Related storiesIn September 2022, a random conversation with his mother became a grenade when she casually mentioned his new girlfriend. Case in point, I learned that he had not been out of cell range; he had been with her on Valentine's Day when I was trying to keep our dinner warm for three hours. AdvertisementThis year, we celebrated Valentine's Day together on a tropical vacation.
Persons: , he'd Organizations: Service, Facebook, Business
Opinion | Caring for Pet Companions
  + stars: | 2024-07-13 | by ( ) www.nytimes.com   time to read: +1 min
shelter and started a group called No Kill Lehigh Valley, now known as the Fund for Veterinary Care. Our mission is to raise money to pay for veterinary care for animals whose families cannot afford it. While at the shelter, I witnessed people dropping off beloved pets for relinquishment because they were sick or injured and the family could not afford veterinary care. Fifteen years later the need for our services has grown as the cost of veterinary care has increased. Their pet is part of their family, or the only family they have.
Organizations: Fund for Veterinary Care Locations: Lehigh Valley
CNBC Daily Open: S&P retreats, yen surges, Tesla sinks
  + stars: | 2024-07-12 | by ( Abid Ali | ) www.cnbc.com   time to read: +3 min
This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. The declines follow the lowest consumer price index in over three years. The yield on the 10-year Treasury fell, while U.S. oil prices rose on hopes of a rate cut. The Fed is "one step closer to a September rate cut," said Chris Larkin, managing director of trading and investing at E-Trade.
Persons: Jesse Pound, Chris Larkin, Kit Juckes, Elon Musk, Jamie Dimon's Organizations: CNBC, Nasdaq, Big Tech, Nvidia, Meta, Dow Jones, Treasury, U.S, Societe Generale, Delta Air Lines, Paris, Bloomberg, JPMorgan Locations: U.S
IWM 5D mountain iShares Russell 2000 ETF Next week's earnings results will help investors glean whether that rotation trade is sustainable. The Dow Jones Industrial Average, which is weighted more toward the real economy than is the S & P 500 and Nasdaq, rose to a new record above 40,000. According to FactSet consensus estimates, S & P 500 companies are set to post blended earnings growth of 9.2% in the second quarter. "It's not unthinkable to see us exiting this year at 5,800 on the S & P," he said. This follows a difficult 2Q, when 75% of Large Cap Core managers trailed the S & P 500," Palfrey wrote.
Persons: Patrick Palfrey, Hogan, Keith Buchanan, Buchanan, Palfrey, David Sekera, Quincy Krosby, Goldman Sachs, Morgan Stanley, Huntington Organizations: Nasdaq, UBS, Investors, Riley, Dow Jones, Globalt Investments, Riley Securities, Big Tech, Core, LPL, BlackRock, Bank of America, Taiwan Semiconductor, Price, Retail, Hunt Transport Services, State, PNC Financial Services, UnitedHealth, United Airlines, Discover Financial Services, U.S . Bancorp, Johnson, Citizens Financial Group, Philadelphia Fed, Netflix, T Bank, KeyCorp, American Express, Halliburton, Fifth Third Bancorp, Regions Locations: Nasdaq, NAHB, Horton, Blackstone, Taiwan
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