P.M. Edition for July 31. Stocks are rallying. But an important gauge that measures their value relative to owning bonds has fallen to its lowest level in 20 years. Markets reporter Sam Goldfarb explains why, and what it means for investors. Plus, State Department and foreign policy reporter William Mauldin has more on why Russia, China and the U.S. are vying for influence in the Arctic. And Florida Governor and presidential hopeful Ron DeSantis releases his economic plan, as he tries to regain his status as a top GOP challenger to former President Donald Trump.
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