Business & Politics Collide, and the Rally Rolls On 6/16/23

Power Lunch - A podcast by CNBC

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Business and politics are set collide in China. Bill Gates is meeting with Xi Jinping, ahead of Secretary of State Blinken’s visit to Beijing. While many U.S. business still need China, the U.S. government seems to be increasingly worried. We’ll explore. Plus, the S&P 500 and Nasdaq hit new highs today dating back to April 2022. Now that more than just 7 stocks are participating, can the rally continue? We’ll discuss.