Power Lunch

A relief rally hits Wall Street. The Dow briefly hit a new all-time high of 41,577. While the S&P 500 and Nasdaq have more work to do to set new records, but are higher despite getting weighed down by Nvidia. We’ll tell you all you need to know.

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The world’s 2nd-biggest company by market value reports results after the bell. And while Nvidia’s stock has been an AI winner, the question remains: can it keep this up? We’ll discuss.

Plus, there are a lot of promises made by politicians on the campaign trail. But how much would they actually cost taxpayers if put into action? We’ve got a new report comparing Trump vs. Harris policies.

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Facebook CEO Mark Zuckerberg claims the Biden Administration pressured the platform to remove Covid-19 content during the pandemic. We’ll get the key details, including the White House’s response.

Plus, our Powerhouse Road Trip continues. Today we’re moving north from Miami to Syracuse, NY. We’ll explain why that region is bracing for a huge boost in housing demand.

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The Dow briefly hit a new record high of 41,420 – it’s first record since July 17th. While the S&P 500 is close to reclaiming records, too.  

What does that action tell us about what the market expects of Jerome Powell’s ability to engineer a “soft landing?” We’ll discuss.

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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.

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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.

Fed officials moved closer to a long-awaited interest rate cut at their July meeting, but stopped short while indicating that a September cut had grown increasingly probable, according to minutes released today. We’ll tell you all you need to know ahead of tomorrow’s Jackson Hole summit.

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Stocks are slightly lower, jeopardizing 8-day winning streaks for both the Nasdaq and S&P 500. But the real test for markets comes later this week when Fed Chair Powell speaks in Jackson Hole, WY. We’ll discuss.

Plus, there’s another big financial conference in Jackson Hole this week. The crypto community is holding a big event at the Four Seasons there. We’ll dive into the biggest issues on the agenda.

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Stocks are starting the week higher across the board, following their best week of the year as the comeback rally continues.

Plus, the Democratic National Convention kicks off in Chicago tonight. We’ll tell you all you need to watch for.

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Vice President Kamala Harris just unveiled her plans to fight high prices, and vowed to crack down on inflation. We’ll talk to celebrity chef Wolfgang Puck rising food prices and what the government can do to help.

Plus, we’ll speak to comedian Druski - a star in this year’s CNBC Stock Draft - about what he’s been up to in the media landscape, and how his team is faring too.

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