Power Lunch

The major averages are trading higher across the board on the final trading day of the second quarter as the Dow paces for its best first half in 5 years. 

Kelly Evans is joined by Interactive Brokers’ Steve Sosnick who helps break down the market action as they discuss the massive rally investors have seen in chip stocks and interview a healthcare analyst to ask whether the recent biotech momentum can continue. 

Oppenheimer’s Chris Kotowski also joins the show to explain the rationale behind his latest research note in which he downgrades Morgan Stanley and Goldman Sachs, saying alternative financial stocks are a better investment right now. 

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CNBC’s Kelly Evans and Brian Sullivan 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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The S&P 500 heads for a losing week on Wall Street as investors rotate out of key technology stocks and into more defensive areas of the market.

Dominic Chu is joined on set by Invesco’s Brian Levitt and Advisors Capital Management’s Joanne Feeney to break down the recent tech declines and assess the state of the bull market.

Meanwhile, Eamon Javers brings the latest headlines from the conflict in the Middle East while Dan Pickering gives his take on what it all means for global energy prices.  

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Kelly Evans and Brian Sullivan bring their daily markets coverage in a special live broadcast from the trading floor of Cboe Global Markets in Chicago.

“CNBC @ Cboe” features an exclusive interview with Chicago Federal Reserve President Austan Goolsbee in his first public appearance following the Federal Reserve’s June meeting.

KPMG Chief Economist, Diane Swonk, Ryan Sports Development CEO, Pat Ryan Jr., and Ariel Co-CEO & CIO, John Rogers, also join the anchors on set in Chicago to discuss the recent market swing and the latest options action in one of the most important trading floors in the world. 

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Stocks remain little changed following the chip sell-off at the beginning of the week as Wall Street awaits Micron’s Q3 earnings report expected out after the markets close.

Brian Sullivan is joined by Landsberg Bennett Private Wealth CIO, Michael Landsberg, to preview Micron’s anticipated results and lay out his strategy for how he plans to trade the stock if there’s a potential pullback.

Meanwhile, Operation HOPE’s John Hope Bryant joins the show in-person to react to President Trump’s last-minute decision to cancel plans to sign the bipartisan housing bill into law.

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