Vice president ial contenders take the stage for the one and only vp debate in Salt Lake City tonight. We will take you straight to the beehive state for a live preview of what could be the most intensely watched vp faceoff in history. And our allstar Political Panel, Brad Blakeman and mary ann marchon on why the president chose his Supreme Court nominee over trillions in coronavirus stimulus yesterday only to reverse. Plus, slack stepping it up to take on tiktok and instagram . Slack unveiling workplace video stories as it fights off new challenges from google. Ceo Stuart Butterfield joins us live in just a moment because they have a whole host of other things they are floating. Really interesting things. In the meantime, lets get to the president s tweet thats got the markets doing quite a dance. This is what we saw at this time yesterday, after President Trump put a full stop to stimulus negotiations. You could see it. It really began to fall very dramatically. His tweetstorm right before the final hour in which he made pretty crystal clear, no more stimulus negotiations until after the election provoked a 540point loss in a matter of minutes. But today, all of it erased. We are up 558 right now. The markets rallying on trumps backtrack tweet in which he said late last night, basically give me a bill with Airline Relief and 1600 checks and i will sign it. Well, the Airline Stocks went parabolic at the open. Take a look at some airline names. They are all flying high. Jetblue up nearly 7 in this final hour. Thats the leader here. American up 4. 5 . Delta up 3. 5 followed by southwest and united. Impressive numbers here. But lets broaden this to the entire transport sector including the railroads. They are all pushing higher right now. The dow transports up 2. 8 . Earlier it was just 2 . A lot seems to be really cooking in this final hour so you need to stay with me. We have about 58 minutes left. But a tweet is still a long way from actual stimulus. Clearly, the markets love the idea last night when the president started to float it again that no, he was reversing what he said but without real stimulus, beyond the tweet, will the recovery sputter hurting the market . Lets get to our floor show traders. John corpina live from the floor of the New York Stock Exchange along with Chris Robinson. Investors really do have whiplash from mercurial moves out of the white house at all hours. The late night one came after 10 00 p. M. Eastern. How are you gauging as a trader what to trade, meaning which Market Metrics are you constantly watching and pressing the refresh button on to give you guidance right now . Im not going to break any news here. D. C. Watches the stock market. When it goes lower, the republicans will Say Something to make it go back higher and vice versa. We are in an election season. We are down to under a month here. I think anybody is going to throw anything out at this point to get them to the finish line of this election. We have to understand we need to be prepared that down 2 yesterday, up 2 today, down 2 can happen tomorrow over a tweet. You need to separate that mentality from investing and watching this market. I think you have to gauge, you know, i think you have to gauge where you think this economy is and where we think its going. We mentioned the word uncertainty many many times. This election is still very uncertain. We are going to continue to feel that. We are going to have a lot of volatility in this market. Where do you put your money . You have to look longer term. You have to look to where you think we are going to be in the mid 2021. I think you have to go back to those household names you are comfortable with, the ones that have been around for a long time. The ones that are paying dividends. Yes, we did see a head line today discussing cutting dividends but overall, i think in the longer term, thats where you have to go. Continue to keep your eye on the vix here. This 25 to 30 range is probably healthy for our market. A sustained rally above 30 will really show us the fear thats here. But i will continue to watch this market and know that these swings are going to continue. Liz see, i would think that you would wake up every morning, check volatility, right now it is falling, down 4. 5 , thats the fear index, but im also looking at a couple of other things and i will bring in Chris Robinson to the discussion. The tenyear yield, as it climbs higher, that means there is fewer there are, rather, fewer fear plays at the moment. It just seems that theres that tight steam coming out of the market where 7, 8, 9 right now and rising. Yesterday we were at. 77. I look at that and im also looking at maybe earnings for third quarter. S p is expecting to see the s p 500 earnings contract by i believe about, we can put it on the screen, 21. 3 . While thats kind of ugly, its way better than second quarter, right . Yeah, absolutely. Youve got to look ahead to six months, you know. Theres a lot of uncertainty obviously and i would anticipate to see more 1 and 2 moves kind of on a regular basis. Its not unusual to see that. As far as areas to look at, i think if youve got a stock that you want to buy and you know longterm, youve got a longterm buy on it, you need to have orders out there resting below the market so that when they snap back down there and they will, certainly between now and the end of the year, we will have a lot more volatility, those are opportunities for you to pick up stocks when they have those dips. I know its kind of frightening but the key to that is you have to have the order out there working prior to the break, because its very difficult to step in there and pull the trigger when its in the midst of the selloff. Certainly we have seen this time and time again. I anticipate to see that moving forward. You know, i look at it as longterm opportunity. Liz, chris makes a great point. I will take the other side to that. You mention the airline sector. Look at the movement that was in there today. If you were long some Airline Stocks and wanted an opportunity to get out, if you had your order out there early this morning, you would have cleared a pretty decent price you would have been happy with. Chriss point of trying to be inside or outside those markets to look for those opportunities is spoton. Liz yeah. Listen, its easy now. Whether you are on schwab or td ameritrade, whatever it is, preprogram it so you are doing other things like watching the kids do their online school. Gentlemen, great to see you. We appreciate it. I want to get to shares of red tab jeans maker levi, stonewashed green after the apparel maker forecast a smaller than expected drop in Fourth Quarter revenue. In fact, thats what gets us juiced these days, a less worse than expected report. Levis up 5 at the moment off the intraday high. They also announced a plan to introduce merchandise at 500 target stores. More customers can see levis at target now. Thats a big pop for that stock. Netflix streaming games at this hour after Pivotal Research raised its price target to a street high of 650. Its at 534 right now. Heres what they said. The Company Raked in huge benefits from the stayathome crowd during the first half of the year. Pivotal sees netflix continuing its streaming domination for the foreseeable future. Satellite Radio Operator sirius xm getting a strong signal from investors right now after it increased its Quarterly Dividend by about 10 . That is jumping. Thats got the stock up 4. 6 . Then Credit Suisse turned up the volume, upgrading the stock to outperform but check this. Perhaps they were upgrading it on reports that shock jock howard stern will be outperforming for years to come. Bloomberg reporting that sirius is close to signing a new deal with, yes, the one, the only howard stern, to the tune of 120 million a year. Stern this morning told listeners that number is music to his ears but says he is not close to a new contract with sirius. I hope robin gets some of that money. Draftkings not looking so royal at this hour after its discounted equity offering, the Sports Betting platform priced its stock at 52 a share. All you got to do is look at it right now. Its at 54. 42. But it was even higher yesterday. So when you price that offering at a discount to yesterdays close, nobody going to be happy. Except those who are, of course, shorting it. Closing bell ringing in about 51 minutes. Less than six hours to puck drop. Vice president pence and senator Kamala Harris readying for their first faceoff as team trump and team biden look to score points with undecided voters after last weeks president ial debate debacle. We are going to take you live on the ground in utah with pregame action and the inside scoop as the dow spikes 583 points. Well be right back. My shoulde. Thank you sofi for a great experience and for helping me get my money right. Metastatic Breast Cancer is relentless, but im relentless too. Because every day matters. And having more of them is possible with verzenio, the only one of its kind proven to help you live significantly longer when taken with fulvestrant, regardless of menopausal status. And its the only one of its kind you can take every day. Verzenio fulvestrant is approved for women with hr , her2 metastatic Breast Cancer whose disease has progressed after hormonal treatment. Diarrhea is common, may be severe, or cause dehydration or infection. 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Its why we built our workspace technology. To help you do your best work and to see what you can become. Youre made for bigger things. So youre a small whabor a big one. Me. You were thriving, but then. Oh. Ah. Okay. Plan, pivot. How do you bounce back . You dont, you bounce forward, with serious and reliable internet. Powered by the largest gig Speed Network in america. But is it secure . Sure its secure. And even if the power goes down, your connection doesnt. So how do i do this . You dont do this. We do this, together. Bounce forward, with comcast business. Liz youre looking live at Kingsbury Hall on the campus of the university of utah in Salt Lake City where tonight, Vice President mike pence and democratic vp nominee Kamala Harris will take the stage as the country awaits the one and only Vice President ial debate for this cycle. No topics have been announced but we do know that moderator susan page, this is the usa today Washington Bureau chief, plans nine tenminute pods of discussion. Its slated to begin just after 9 00 p. M. This evening. Hillary vaughn is at the university of utah for what could be the most widely watched Vice President ial debate in tv history. Reporter liz, it could, and while they arent releasing the topics ahead of time, we can pretty much bet that coronavirus will be discussed and both campaigns say they think today that that issue is a winning issue for their candidate. The Biden Campaign says they want to hold Vice President mike pence accountable for being the man in charge of the White House Coronavirus task force. It should be about health care in terms of mike pence being the head of the task force on the coronavirus. Really . What level of success does he have to offer in that regard . Except the success of denial. Reporter what the Biden Campaign wants to turn into a losing issue for the Trump Campaign, the trump Campaign Says is actually a winning issue for them. Youre going to see a great debate. I really do want to get out there talking about the facts because the number one fact as it relates to covid is that Kamala Harris, joe biden, nancy pelosi, chuck schumer, they all wanted to keep our borders open between china. The epicenter of a viral outbreak, guys. That was their response. Reporter harris left her hotel in her motorcade last hour to come here to do a walkthrough of the debate hall where both candidates will be separated by plexiglass partitions and new Safety Measures implemented from the last debate. One thing that harris openly admits, she is worried about, is pences debate skills. The Biden Campaign this morning on a call with supporters said they predict that pence is going to have a really good debate tonight and that harris is really preparing to try to contrast herself not just with personality but also on policy. Liz . Liz yeah. You know, Vice President pence has had a lot of experience debating. Its going to be very interesting. Im wondering, hillary, we dont know the topics but for our audience, we want to fo aboknow the economy and im not sure a biden president aside from a tiebreaking certainly in the senate, has a lot to do with that. Are you hearing anything about the actual substance . Reporter yeah, so we actually heard from former attorney general pam bondi who has actually been playing harris in mock debates with pence and she said today that pence does plan on bringing up trumps tax cuts as an issue, essentially calling harris out for her promise to repeal those on day one if they were to win the white house in november. So thats something they are planning to discuss tonight. Well see if thats a question thats asked tonight. Liz . Liz very excited to see this one. Hillary, thank you very much. Hillary vaughn live in utah. The closing bell ringing in 44 minutes. Workday is one of the nasdaqs big winners at this hour, with the dow up 580 points, the hr Software Firm getting a brokerage boost. Jeff eries raising it to a buy, giving it a 10 price target hike to 260. Its at 228 and change right now. Saying that businesses show wider use of workdays Human Capital management and financial tools. Shares are jumping 5 . And from work from home to working out at home, the new ways messaging giant slack is looking to stay in fashion. Ceo Stuart Butterfield is here on what youre looking at right now. The newest products. Some of them, you will really be into it especially if you like tiktok. Imagine tiktok with your coworkers. All right. More coming up on the claman countdown. This is decision tech. Find a stock based on your interests or whats trending. Get realtime insights in your customized view of the market. Its smarter Trading Technology for smarter trading decisions. Fidelity. You know, malcolm audibles goof course, podcasts. Ks. Originals. Bestsellers. Future bestsellers. Sleep stories. Malcolm the most inspiring minds. The most compelling stories. All in one place. Audible. Anna could only imagine a comfortable nights sleep without frequent heartburn waking her up. Now, that dream. Is her reality. Nexium 24hr stops acid before it starts, for allday, allnight protection. Can you imagine 24 hours without heartburn . It was 1961 when nellie young lost her devoted husband. Without him, things were tough. Her last option was to sell her home, but. Her home meant everything to her. Her husband had been a High School Football coach and it turned out, one of his former players came up with an answer. A loan, created just for older homeowners. 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Learn how you can use a reverse Mortgage Loan to cover your expenses, pay for healthcare, preserve Retirement Savings, and so much more. A lots changed since 1961. Since then over a million Older Americans have used a reverse Mortgage Loan to finance their retirements. It meant so much to nellie, maybe it could mean as much to you. Call now and get your free infokit liz the mouse house glowing green at this hour. I want to show you shares at the moment. Disney is moving higher, one of the most widely traded stocks here. Its up 1. 7 after, this is interesting, activist investor daniel loeb getting involved. Hes now urging disney to halt its dividend. Usually that would be not good. He said stop the dividend in order to double down on streaming content spending. Loeb making the push to see disney be way more aggressive in its streaming. Not only as it faces stiff competition from the likes of netflix and apple, but loeb also pushing for the movie giant to more aggressively shift its releases to its disney plus platform amid the pandemic, as of course movie theaters continue to struggle and a lot of movie Studio Companies are not going to release movies until maybe next year. So disney at 123 a share even. How about this. Tiktok or instagram stories, snapchat, for the office set . Yeah, between you and your coworkers . Slack is announcing the enterprise version of video stories. You dont get to add the funky face or the crowns or cat ears, right . No filters. But 24 hour disappearance, neither. But for business folks, users can post videos in a channel or dm without the drama of setting up a whole Video Conferencing session. Besides that, the company is introducing other features such as any time audio, which may come out sometime later this year. And slack connect, direct messages at its annual frontiers conference. Pulling them away from that conference for the moment, slack ceo and cofounder, Stuart Butterfield. Lets tackle these one at a time. I want to talk about this Enterprise Video between coworkers. Give me an example of how this would be used. Well, i think the best case is when you can take a process that now must be synchronous or meeting and replace it with something asynchronous. There are a lot of meetings where people just go around the room giving a status update, what theyre working on. More flexibility we can give employees these days, especially with those struggling with child care, the better for them. But also, in a 30minute meeting you might have seven minutes of participation and if you can record your portion at your leisure, your convenience, and listen to your colleagues later, it creates a lot more flexibility and saves time and finally, i think also for us, we are sick of being on the video calls with each other. It lasts forever and ever. A slightly different context could be pleasant and rewarding. Very different feeling. Liz you know, during this threeday conference, youve got a whole suite of new options. Among them, i think its interesting to look at how you are going to generate documents within chat. Tell me a little more about what youre doing and focus on the audience thats listening. People who are working at home month after month. Well, i think the stories was a great place to start. The other one that you mentioned was the always on audio. What we are trying to do there is recreate some of the spontaneity there. To not have to schedule a meeting, its not a call that starts and then ends. Its like always on. You can enter and leave. Theres a little bit of weird analogy but the thing that is exactly the same is cb radio. Liz yeah. Walkietalkie, almost. Then you are offering whats called slack connect that allows employees to directly connect with other workers at other companies who may also have a slack subscription. So its pretty direct. Talk to me about how that would work and how you get approval, you are able to give approval, because i would imagine theres a security component here. Yeah. Great question. We have had share channels for awhile. Two organizations who are both using slack can create a share channel between them. What happens then is organization a, they opt in, they control who has access to the channel. Same thing with organization b. Anyone who has access in organization a can message anyone who has access in organization b. So theres already a little bit of direct messaging happening. The difference here is we are letting people individually connect directly. I think this will be a huge surge in usage. The promised enterprise is interesting because its better collaboration, better communication, all the features they love from slack, but also improved stuart and compliance because the alternative, you have sales people in the field communicating with their customers, you are using imessage, all modes of communication so you dont have your dlp, you dont have your message retention policies, so this is something thats really exciting. I think the initial response will be a little bit of skepticism but like once enterprises in particular catch on they will be really excited. Liz well, timing is interesting, isnt it. Google has just rebranded its Google Workspace and they are trying to bring all of their offerings together, whether its gmail, docs, chat, all of that, calendar. How do you hold on to market share beyond what youre doing right now, which is making it a more sticky business option for people to stick and put it all as you just articulated on to slack . Because googles trying to do the same thing here with its rebrand. Yeah. First of all, theres hundreds of millions of people whose working lives [ inaudible ] email so its a big open market. We have seen acceleration in paid customer growth. Last quarter it was up 60 year on year. Part of that is slack connects driving people to slack and paid upgrade. Part of it is heightened interest because of the pandemic and the condition were in. We are seeing that trend continue, more acceleration in paid customer option. I think it will be interesting to see what the alternatives are. I think an advantage slack has beside the product and feature side, is that people know what its made for. Its made for one thing. As opposed to a Swiss Army Knife. Sometimes a Swiss Army Knife approach can be confusing to people. Liz i do have to say that i am going barefoot a lot while im working at home, but you have no reason to anymore. You have a partnership with a Sneaker Company . We are going to show these to you. How did this come about . So i wasnt involved in this one directly but the First Contact that we had, as i remember, i was seated next to the cmo at a dinner maybe five years ago and it was one of those things where no one is really excited to be at this business dinner, but when he asked me where i worked, i said slack, he perked up. He was a huge fan. That was really exciting. When we went public last july, last june, they made some special sneakers to commemorate the occasion and they were one of the companies, one of the customers we featured outside the New York Stock Exchange when we went public so kind of bringing that back right now and theyre really fun. Liz well, i think we need fox business slack sneakers together, because we love us some slack here at fox business. Thanks so much. We appreciate it. Thank you so much. Liz the stock is getting a bump here, up about 4 on todays news for slack. Ticker symbol work. With the closing bell ringing in 31 minutes, up next, stimulus taking a back seat to the Supreme Court. Our Political Panel hashes out the impact of President Trumps latest play in the 2020 race. Straight ahead on the claman countdown. After my dvt blood clot. I wondered. Could another come around the corner . Or could it play out differently . I wanted to help protect myself. My doctor recommended eliquis. Eliquis is proven to treat and help prevent another dvt or pe blood clot. Almost 98 percent of patients on eliquis didnt experience another. And eliquis has significantly less major bleeding than the standard treatment. Eliquis is fdaapproved and has both. Dont stop eliquis unless your doctor tells you to. Eliquis can cause serious and in rare cases fatal bleeding. Dont take eliquis if you have an artificial heart valve or abnormal bleeding. If you had a spinal injection while on eliquis call your doctor right away if you have tingling, numbness, or muscle weakness. While taking eliquis, you may bruise more easily and it may take longer than usual for bleeding to stop. Seek immediate medical care for sudden signs of bleeding, like unusual bruising. Eliquis may increase your bleeding risk if you take certain medicines. Tell your doctor about all planned medical or dental procedures. Whats around the corner could be your moment. Ask your doctor about eliquis. Liz weve got this. That might be music to the ears of some but kind of nails on the chalkboard to others. Goldman sachs has put out a note saying that a democratic election sweep of the presidency, house and senate would likely lead to a boom in economic growth. Goldman believes a sweep would give president ial candidate joe biden and the democrats more latitude to pass a stimulus package as well as infrastructure, health care, climate and education bills. Spending that would all in turn boost the u. S. Economy. With just 27 days to go until the election, we bring in our allstar Political Panel. The 1600 group principal, Brad Blakeman and Dewy Square Group principal mary ann marsh. All roads lately seem to lead to stimulus and yesterday, blake, i will start with you, the president put up a big stumbling block on that road when he tweeted out, he was pretty clear on it, i am advising all my representatives and our side to stop negotiating, stop all discussion when it comes to stimulus. Then when the market fell off a cliff an hour later, late that night, yesterday, he changed his tune and said all right, ill pass a certain form of it if it involves certain piecemeal for the airlines and 1600 checks. You know, he also invoked saying Mitch Mcconnell should only think about the Supreme Court nominee and getting her confirmed, amy coney barrett. That in turn leads Many Americans to wonder did the president choose getting a Supreme Court nominee confirmed over what they really want at least at the moment and that is desperately needed help . Look, the senate can do both. If you listen to democrats, they dont want to do either. They dont want a Supreme Court justice seated and they dont want a stimulus package because they want an omnibus trillions and trillions of dollars spent without any idea what its going to do in the long term to our debt, whether or not its going to go where its intended, no. I think the president needs to, and he did, uses his negotiation tactic now to streamline a stimulus bill for checks to go directly to individuals, help the Airline Industry and then move on. And also, concentrate on getting Justice Barrett through confirmation. But certainly, the senate can do a lot of things at one time if they put their mind to it and they should. Liz mary ann, a white house official has just told blake burman that there is a moment right now where the president is being briefed on stimulus but also on the hurricane, hurricane delta. But lets focus on the stimulus issue. Joe biden has a stimulus plan, he has talked about it. However, the president went right to the heart. People want to see a check, 1600, and by doing that shuffle last night, now the hot potato is in nancy pelosi and the democrats lap. I dont think so, liz. I mean, the fact is jerome powell, the fed chair, yesterday said you cant do too much to bail this country out. The house has passed their package months ago. The democrats in the senate have been waiting on Mitch Mcconnell to bring it forward, and what good does it do if you just send out individual checks and maybe bail out the airlines, when you are going to lay off first responders, firemen, police officers, teachers and others because they are not getting the help they need . This is on the heels of the worst jobs report going into the election. The only thing donald trump has right now that he has only in some polls an advantage over joe biden is the economy, and this is about politics. What really changed Donald Trumps mind is he heard from a lot of republicans who are up on the ballot in 27 days. You had today a major development. The cook report pushed the South Carolina senate race, Lindsey Grahams race, to a tossup. You start to see how bad this all is and i think thats what donald trump reacted to in the end. Liz lets get to the Electoral College map at the moment as it stands right now. Brad, there are some very key battleground states that have appeared at the moment to turn blue. As we put up this map, you can see that wisconsin, i believe has turned blue, you know. Its interesting to see that arizona, for example, is now in play. So you know, how does President Trump with 27 days left, start to turn this around . Get out the vote. I can tell you this, the rnc and the Trump Campaign has a robust get out the vote effort in these states. I believe it eclipses the democratic efforts. Democrats are hoping for chaos and republicans have organization. When you have those two as your choices, organization and support tends to win out. I dont believe we will have a declared winner on election night. I think because of the rules that are constantly changing in different states and jurisdictions, what its going to do is invite lawsuits. I was involved in the 2000 recount in florida. Out of 57 counties, just a handful were involved in the recou recount. Look at the mess that caused. We already have a case going to the Supreme Court on this election cycle as we speak regarding voting. Liz well, you know, right now, we are looking at a market that is spiking. Some people, thats all they want to see, mary ann. We have had so many records since President Trump has taken office. You know, i literally have to depend on charlie brady, one of our managing editors, to tell me each day how many because its unbelievable here. So you know, how does joe biden he cant promise that he can continue that. He can certainly put issues into play. People are worried about household insolvency at the moment. Thats why a stimulus package is certainly probably going to get people very much on board. But again, what is joe bidens message between now and november . Joe biden and barack obama dug out the country from the 2008 recession left by george w. Bush. They have done it before. They know how to do it. They know it takes a comprehensive package. Hes got the track record. Theres a reason Goldman Sachs says the democrats should have the white house, senate and house because they know how to do these things. The republicans dont have a leg to stand on when it comes to the deficit. They racked up the biggest deficit in history in the shortest amount of time. What you are looking at in terms of the actual election is the fact that joe biden has a 25point advantage with women over donald trump. He has a 27 point advantage with seniors over donald trump. And he has a 12 point advantage with catholics over donald trump. For the first two, the driving force for them and most voters in this country is covid19. So the market is important, it helps a lot of people in this country, but it doesnt help everybody. So you have got to get the whole thing done and Mitch Mcconnell hasnt. Liz we began with brad, we end with mary ann because we are fair and balanced on the claman countdown. We would love to have you guys back between now and the election. Thank you. Its crazy. It might get crazier tonight. Maybe not. But coverage of tonights Vice President ial debate begins with a special live edition, lou dobbs tonight 7 00 p. M. Eastern. That will be followed immediately by the one, the only neil cavuto, 8 00 p. M. Eastern. See it all through the prism of your money and the economy, only on fox business. Well be right back. Liz the game is not only not over, but may in fact just be beginning for apple and epic games. The tech titan and gaming giant officially set to do battle in Court Next Year on may 3rd in a bench trial. Mark the calendars, everybody. The fortnite creator, thats epic games, has been locking horns with apple over its App Store Fees which epic says are epic. They are unfair and anticompetitive. By the way, the reason we showed t tencent is because they hold a big chunk of epic games. The fight is boiling when epic the fight began boiling over when epic created its own inapp Payment System to kind of sneak around apples 30 Commission Fee which led to apple pulling fortnite from its Digital Store shelves. Tencent, okay, heres the number, owns 40 of epic. Goes up against apple at the moment. Apple is up 1. 7 with just six days to go until the annual iphone event called high speed, hi speed . I think thats what its called. Yes, thats what it is. Okay. Come back to me. My children. Kamala harris and mike pence, front and Center Tonight but behind the scenes, joe biden plowing ahead, selling his agenda to top donors. Charlie, what exclusive details do you have on bidens tax plan and cabinet picks . What are you hearing . Charlie whats interesting about the biden people is that if Hillary Clinton was cocky leading up to her loss in 2016, when she thought she was going to win in a walk, the biden people appear to be cocky on steroids. They really think they got this locked up. They think theres tremendous differences between hillary in 2016 and joe biden today. They are making these comments known to wall street executives who are donors. We are getting the first taste of some of these recent comments that were made in meetings over the last week or so, particularly following the debate between biden and trump last week and after trumps covid the president s covid diagnosis. They are so cocky they are actually floating names out there for the bidens cabinet. Here are some of the names we hear about his cabinet. Meg whitman as commerce secretary. Pretty interesting. Liz republican. Charlie yeah, republican. But moderate and longtime wall street and tech ceo. Shes been around awhile. Thought very highly of. We hear her name as commerce secretary. Tom steyer is in the mix as Energy Secretary which is interesting because hes called hes a billionaire, i guess a tech investor and hes been big into green energy movement. Lael brainard, fed governor as treasury secretary. She seems to be the handsdown favorite to be treasury secretary if biden wins, if you listen to bidens people, its when he wins. Again, barring an october surprise, and thats what the biden people are telling the wall street friends and donors. They think they got this locked up. Their tax plan, biden believes its a moral issue to raise taxes the way he is. Thats the word they are spreading to the wall street donors. Moral issue meaning they believe that donald trump created a tax plan that benefited rich people like himself, Real Estate Interests like him. As you know, President Trump was a Real Estate Investor and reality tv star but made his name in real estate. They believe that the Corporate Tax cut, the carried interest deduction, the tax cuts for the upper brackets skew the tax code so they believe its inherently unfair. At least thats what theyre saying. They are saying the Vice President believes its inherently unfair and as soon as he can, he will seek to remedy that through those higher taxes. Again, they believe that the trump tax plan caused a wealth gap to increase. I can give you great evidence that the trump tax cuts helped spur the economy precovid and during the epidemic and by the way, the rich instead of the wealth gap widening as it did under in the obama years, it actually people at the lower end, middle class people saw wage increases for the first time in years. So theres another side to that story. But im just telling you what theyre saying. I want to say one thing. Again, im not predicting joe bidens going to win. I dont know. We have a Vice President ial debate tonight. We have we will probably have another president ial debate. This is what they are telling their wall street donors and they believe that these polls are particularly in their favor following the debate performance, where a lot of people think that President Trump stepped on his message during that debate, didnt let biden essentially hang himself. Maybe he will turn things around in the next debate. But also following his covid diagnosis, which you know, they believe they are on the strongest ground when they can debate the president s handling of the pandemic and downplaying the risks and him getting the virus as he did and obviously, hes Getting Better which is great for the country, but him getting it underscores some of the that he mishandled it and maybe downplayed it to the detriment of the country and maybe himself. Thats where theyre coming out. This is not me, im reporting what theyre saying and im reporting what theyre saying about the guy who could be the president of the United States in a few weeks. Back to you. Liz well, two business people. Two business people. Meg whitman and tom steyer. That should calm wall street just a bit. I will say after 2016, and that poll debacle, i really dont think you can count on these polls unless they have made some meaningful changes in methodology. Right now, i just dont believe the polls at the moment. Charlie, well be watching it. Well be watching you. Thank you very much. Good stuff for our viewing audience here. Thank you. Closing bell, weve got it ringing in eight minutes and look at this green on the screen. Nasdaq, let me give it a shoutout, up 211 points. Up next, why our countdown closer says you know what, you want to ride out the election storm, jet set over to europe. Hes got european stock picks that he says can help you go to a fivestar portfolio trip. The claman countdown coming right back. Ves us confidence. They help us with achievable steps along the way. So we can spend a bit today, knowing were prepared for tomorrow. Wow dad, do you think you overdid it maybe . I dont think so. What do you think, peanut . Nope honey, do you think we overdid it . Overdid what . See . We dont think so, son. Technically, grandparents cant overdo it. Its impossible. Well planned, well invested, well protected. Voya. Be confident to and through retirement. And sweetie can coloryou just be. Gentle with the pens. Okey. Okey. I know. Gentle. Gentle new projects means new project managers. You need to hire. I need indeed. Indeed you do. The moment you sponsor a job on indeed. Your first job at indeed. Com home. Economics . Algorithms . Magic . Turns out, its you. Doing your thing. Dreaming dreams. Building new worlds. Its why we built our workspace technology. To help you do your best work and to see what you can become. Youre made for bigger things. Find a stock basedtech. On your interests and to see what you can become. Or whats trending. Get realtime insights in your customized view of the market. Its smarter Trading Technology for smarter trading decisions. Fidelity. Liz folks we told you the president has just gotten a briefing about hurricane delta. Here it is on your screen. It is gaining strength as it makes its way towards the u. S. Coast. According to the National Hurricane center delta is expected to make landfall on the louisiana coast on friday. The hurricane may also push 2020 into something we dont want to see but the most billion dollar disasters on record, ashley . What is the account foreatfor te moment. Category 2. Ashley category 2. But it will gain more strength in the gulf. Unbelievably this is the sixth time Oil Companies have been forced to order evacuations since june because of approaching storms. It is that kind of a hurricane season. We should mention the pandemic complicated normal operations with workers quarantined ashore to be tested for the virus before they can return to the facilities. Hurricane delta is taking aim towards the gulf coast including louisiana as a potential cat3. Oil workers have been withdrawn en masse. 57 production facilities have been evacuated. That is going on hourly. That will stop 532,000 barrels a day of oil, 250 million cubic feet of natural gas production. Shell, the largest offshore oil producer has evacuated nine facilities. It is preparing to shut down several others. We heard from chevron. It is shutting down production along the gulf of mexico platforms. Including bp, occidental petroleum. However despite the production cuts or the interruption in production we know oil prices have been under pressure thanks to an oversupply. We are more oil on the market from iran and libya. Also the lack of a clear plan for a second stimulus bill has also hurt the energy sector. As you can see oil right at 40 bucks a barrel liz, down 1. 6 today but for many people, especially the small operators, 40 bucks a barrel is not enough to keefe them afloat. Liz ashley well be watching the storm. Stay tuned to fox business. Well show you the radar the next couple days. Two. Minutes left before of the closing bell rings. The markets shooting higher. All dow 30 stocks are in the green. The best market move since july 14th which happens to be bastille day. Speaking of europe, if you want to ride out the volatility of the upcoming election storm, maybe it is time to take a trip to the european markets. David marcus, ever more Global Advisors your pick is vivendi when it comes to european names. What do you like about europe right now . Look, europe has been behind the u. S. For a long time. Investors say it is a tomorrow story and it has been a 20 year tomorrow story. It is so cheap relative to the u. S. Because people have given up. The reality europe is going through a dramatic change. They havent even started their stimulus programs. That will kick in in 21. Companies are restructuring, breaking off assets, theyre refocusing businesses. There is so much change going on. M a activity is exploding, Shareholder Activism is exploding. Money coming in from strategic buyers. Most u. S. Investors that invested in europe have kind of given up. Were seeing opportunity all over the place. Vivendi is the conglomerate. They own universal music the Biggest Company in the world, they will ipo it. Companies have so much assets. There is so much going on. [closing bell rings] liz david marcus likes vivendi and kkr and ihc. We rerace all of yesterdays red e were in the green. Connell recovering from the selloff and doing it in a big way. Stocks surging after President Trump calls for targeted stimulus and that could help small business, it could help airlines. It is certainly helping the stock market today. Im Connell Mcshane welcome to after the bell. As we look at number, major averages closing near the highs. It is up almost 2 across the board. 530 points nearly on the dow. We get back all of yesterdays losses. We add a little bit more on top of that. Well put all of it into perspective. Cover all of todays top stories with fox team coverage. Reporters standing