Struggles of Premium Brands Amid Market Shifts

Carl Quintanilla and Mike Santoli explored stocks on track for their best week of 2024, with the S&P 500 and Nasdaq in the midst of six-day win streaks. Fundstrat’s Tom Lee joined the program with his take on whether the rally has legs. 

The anchors also discussed what to expect from Vice President Harris’ Friday unveiling of her economic agenda -- and how her plans to reduce the cost of living stack up against those of former President Trump.

Also in focus: July housing starts miss forecasts and fall to their lowest level since May 2020, Chicago Fed President Austan Goolsbee’s comments on recession indicators, Bernstein reiterates its "sell" rating on Tesla, luxury automakers go hybrid to reverse sales declines.

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