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I'm Jill Schneider, CNBC.
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Stocks trading sharply higher this morning after Iran declared the Strait of Hormuz completely
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That on the heels of a ceasefire announced between Israel and Lebanon.
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The Dow up 505 points more than a percent, the S&P 500, up 44, and the Nasdaq up 213.
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That's nearly a percent.
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If the Nasdaq closes in positive territory today, that would make 13 sessions in a row.
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And the first time the Nasdaq has done that since 1992.
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Central price is also pulling back on those remarks, as investors hoping supply disruptions
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The Senate Banking Committee hearing for Fed Chair nominee Kevin Warsh is set for
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J. Powell's term ends in less than a month.
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Former Kansas City Fed president Tom Honeig tell CNBC he does not think this is the time
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to lower interest rates.
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It appears to me to be in an inflationary boom.
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We have very favorable tax environment right now with the tax breaks that were introduced
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January of this year.
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We have a very strong spending in the government.
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We have a war going on that's going to add to demand.
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Shares of Netflix dropped 10 percent after the streaming giant released its second quarter
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Investors seemingly disappointed that the company didn't raise guidance for the year.
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Netflix also announced Chairman Reed Hastings will leave the board when his term is up
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Alcoa sliding 2 percent after the aluminum producer posted in earnings and revenue miss
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for the most recent quarter.
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By now pay later payment company a firm rose more than 3 percent after Morgan Stanley
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named the stock a top pick.
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Returning packages can be a pain.
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Uber says it can fix that.
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Uber Eats announcing a returns feature today that will allow customers to do it all from
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For a fee Uber Eats will pick up your packages and return them for you.
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Jill Schneider CNBC CNBC live and viciously building a portfolio with fidelity basket
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portfolios is going to like making a sandwich.
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This is as simple as picking your stocks in ETFs, sort of like your meats and other topics
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and managing it as one big juicy investment.
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That has pretty good.
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Learn more at fidelity.com slash baskets.
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Investing involves risk including risk of loss, Fidelity Workers Services LLC, member
