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MARKETS LIVE BLOG:

STOCKS RISE AS TECHS REVIVE, WITH NETFLIX EARNINGS ON TAP

Tesla shares slide to 52-week low; stock is down roughly 40% year-to-date

Trump, Pence ramp up fundraising from divided Republican party

Yahoo Finance


Stocks (^DJI, ^GSPC, ^IXIC) are rallying modestly at midday, with the Nasdaq leading the major US indices. Consumer discretionary (XLY) and tech (XLK) are leading ahead of Yahoo (YHOO) and Netflix (NFLX) earnings after the bell. Consumer staples (XLP) are currently pulling in the rear. Keith Bliss of Cuttone & Co. joins us live from the New York Stock Exchange.

To discuss the other big stories of the day, Alexis Christoforous is joined by Yahoo Finance editor-in-chief Andy Serwer and David Nelson, chief strategist at Belpointe Asset Management.

Post-Brexit takeover
Post-Brexit Britain is welcoming a multibillion-dollar Japanese takeover. Japan’s SoftBank Group Corp will buy British chip designer ARM Holdings for $32 billion. How will this takeover help Britain’s economy?

Trumped for cash
Donald Trump needs cash—and quick. Adding Indiana Governor Mike Pence to his ticket might help. Pence has raised $38 million for his own congressional and gubernatorial runs, and he’s proven the ability to raise money for others. Which big donors can Trump turn to for help?

Virtual reality ads
You could soon enjoy an ice cold beer and juicy burger, minus the calories. To promote its new Brewhouse Bacon Burger, fast food company Jack in the Box has created a virtual-reality film. Are we ready for VR advertising?