Moo its biden versus trump trump stock, trump stock. Both of which are going in surprising directions. If you you thought the election is over, the president is trying to do an end run around the results and fighting tooth to nail today the dow lost 222 point [ screaming the s p 500 declined points at 8 . Nasdaq dipped 2. 2 hey. I know it didnt feel like it was so bad but if you were in the nasdaq except for a couple of names, wow. They crushed it. Why dont we start there with next weeks game olympian . On monday morning we are coming in and, sadly, im betting we pass the 200,000 mark. Thats right 200 thousa,000 thousand cases an the virus is hurting business. If not monday, tuesday, wednesday, a question of when, not if i know there is a sense that we have had a big vshaped recovery which is terrific. But our inability to stop the spread is putting a crimp on business orders and retail sales. Just yesterday, work day, reported a solid quarter we have the coceos on the show but they me
The averages gave back their gains. The s p declining. Nasdaq dipping. 24 . There is a lot going on here i think even the tariffs on until china actually follows through with its promises since they doublecrossed us so many times makes a ton of sense it should have caused a rally, not a selloff. But maybe i was some sort of weird mistaken reason to take profits. First, lets consider how much good the trade war may have accomplished in our country in a short time tomorrow the United States and china will sign the historic agreement. They agreed to buy 200 billion in goods and services from us to roll back half of a 15 on levies on other products were still keeping tariffs on chinese goods and china allowed the currency to become much stronger the in exchange, were no longer ka a. K accusing of them of currency manipulation so for everyone that told us the Chinese Communist party is playing the long game, that there was no way we could win, and we would get nothing, well, how did that wo
Gaza will continue for many months, we will look at war resistance inside israel. Earlier this week, an 18yearold israeli was sentenced to 30 days in prison for refusing to enlist. We will speak to a palestinian member of the knesset who was suspended for criticizing israels assault on gaza. Then we will speak to the founder of the palestine childrens relief fund. I just learned of two children who were killed this week with their families in the gaza strip. That makes six children we have brought pretreatment to the United States that have been killed. We are calling for an immediate ceasefire. Amy then to mexico where secretary of state tony blinken and Homeland Security chief Alejandro Mayorkas met with mexican president Andres Manuel Lopez Obrador wednesday to discuss migration and the border. The visit of lincoln and mayorkas is another sign the Biden Administration is caving to further criminalize and expel migrants and asylumseekers. Amy all that and more, coming up. Welcome to
Okay. I want to show you highway four is slow through pittsburgh bay points and 680 down to san ramon looks good but in dublin pleasantly thin is slow from 580 interchange down to the southern end of pleasanton. And in the south bay, traffic is slowing on the major freeways. Lets go back to the desk. Developing news at San Francisco. Police spent hours researching this morning with a call about a Home Invasion robbery late last night and it ending with the suspect in custody. Winds kristin cabin is in the neighborhood you have been out for hours. The exchange of gunfire was with one of the suspects good morning. Reporter good morning. At this time investigators are looking for other suspects and you can see officers came out moments ago where the Home Invasion occurred earlier investigations are winding down but there are crime scene investigators here and i spoke with a neighbor who tells me this is an active seen overnight she saw neighbors swarming the area with automatic rifles loo
Many of them sure seemed to have developed some pep in their step today. A day where the dow gained 26 points, ninth Straight Record high s p advanced 1. 6 , first record close since july 26. And the nasdaq climbed 0. 51 [ applause ] for the past couple of weeks, the dow jones average has captivated people throughout the country as it lunged through 22,000 level like it was childs play at the same time, the Growth Technology stocks, like f. A. N. G. , have been under pressure, with lot theorizing its game forever author these allegedly overvalued companies of course, the tech bears are not all that original. Boo the narrative for this decline is always the same when the has dnasdaq peaked in h of 2000, lots of money flowed out of tech. All of the same old school stocks that people revert to when the tide goes out and the hyper Growth Stocks are revealed to be frothy and expensive but i love historical analogies as much as the next guy, im always trying to find patterns but history does