Momentum stocks stay under pressure

Momentum stocks stay under pressure

(These are the market notes on today’s action by Mike Santoli, CNBC’s Senior Markets Commentator. See today’s video update from Mike above.) Another flurry of treacherous rotation roiled the tape, though by the closing hour the swirling currents were showing signs of slowing. The highest-momentum, most-expensive, most-crowded stocks — the sort that drove the Nasdaq-100…

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‘South Park’ targets federal takeover of Washington, DC, police in latest episode

‘South Park’ targets federal takeover of Washington, DC, police in latest episode

NEW YORK — NEW YORK (AP) — “South Park” is continuing its cartoon assault on the Trump administration, with an episode on Wednesday that addresses the federal takeover of Washington, D.C.’s police department. A 20-second promo of this week’s episode released by Comedy Central depicts the show’s recurring character “Towelie” — an anthropomorphic towel —…

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Trump DOJ’s Epstein grand jury records ask is a diversion: Judge

Trump DOJ’s Epstein grand jury records ask is a diversion: Judge

Portrait of American financier Jeffrey Epstein, left, and Donald Trump as they pose together at the Mar-a-Lago estate in Palm Beach, Florida, in 1997. Davidoff Studios Photography | Archive Photos | Getty Images A federal judge on Wednesday refused to unseal grand jury materials in Jeffrey Epstein’s criminal case, while slamming the Trump administration’s request…

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