If it went ahead virtually, the nature of the interaction would change and interrupting would be much more difficult but the president says hes not going to do a virtual debate. Thats where it stands right now. At last nights debate orderly fashion and Kamala Harris failed to answer on key issues, she deflect order laughed it all off. Her silence revealed on what the biden team will do if elected. President trump goes all in on regenerons antivirus treatment. The president called it a miracle. Of course, hes been criticized for his use of an unapproved treatment. The stock, though, up big time, 3. 6 , 21 higher. Now look at the overall market after wednesdays very, very big rally. 840,000 jobless claims last week. Not having that much impact on the market this morning. We see the dow going up another 180. S p up 21 and look at that the nasdaq going again up 101 points. Possibility, they are still talking about some form of stimulus. Thats a positive. Looks like a still stalemate but th
Good afternoon we begin this hour of power lunch lunch with continuing breaking news President Trump, as you surely know by now, testing positive for the coronavirus confirming via tweet late last night, early this morning that he will begin quarantining with the first lady who also tested positive the market is lower right now but off the worst levels of the day and you can see dow futures immediately sunk early this morning after President Trump tweeted. We have paired back those losselosses quite substantially at this time lets get straight over to shepherd smith new developments this afternoon since we learned that after midnight the president and first lady have tested positive. Were told both have mild symptoms and are in quarantine at this moment at the white house. The Reelection Campaign announcing minutes ago that all of the president s Campaign Events are being moved to virtual or postponed we learned last night that the president s close adviser hope hicks tested positive f
Fed call for urgent action. We are joined exclusively by dallas fed chief robert kaplan. And the debate, joe biden refuses to push back his next meeting with President Trump the white house rules out of virtual clash because of covid19. Quick check of the markets coming online, u. S. Futures right now up. 3 , after the close, we have the white house saying President Trump is open to Something Big or than the skinny bill. It has all been about optimism over stimulus deal, despite conflicting signals on capitol hill. We had u. S. Stocks in the regular session wanting to a fiveweek i. We have optimism on corporate will, adding to the positive tone. Eaton vance jumping after agreeing to be taken over by Morgan Stanley, more on that next the dow higher. 4 , nasdaq. 5 . Oil is gaining. 3 at the moment, climbing to its highest and more than a month. Opec now saying the worst may be over. Demandve boosted their and their crude outlook for the next four years at we have the dollar falling, and
The s p down 2. 5 and the dow 2. 7 the s p dropping 4. 4 last week and lets take a look at some of the specific names in all of this falling 7. 4 netflix 6. 6 and then the one everybody is talking about tesla. That stock plunging 10. 9 . Whenever we can talk about algorithms, do you know what im saying i like it as the secret sauce, wow, i wish, you know, i wish i took a little bit more calculus or math or whatever. Do you know lets talk about it because theres so much. Youre all fired up youre tweeting about it and i dont follow you belief it or not because i like to enjoy my weekend, but someone retweeted your stuff to me and im like oh, geez anyway, youre mad because trump said he wouldnt do a partnership ever when it was microsoft and now he likes oracle i figure its because well talk all about it all right make it i know. Do you know what im going to do im going to read this and say andrew take it away. Making headlines, sources telling cnbc that oracle is set to be announced as t
Postmaster general louis dejoy, and the chairman of the postal board of governors Robert Duncan to this oversight hearing, and i thank you all for being here. In all of our districts we are hearing from constituents about significant delays in the delivery of mail, medicines, food, and other supplies. These delays are especially concerning and potentially lifethreatening during the Coronavirus Crisis. These are not isolated complaints. They are widespread. Our offices have been receiving thousands of calls and emails about the detrimental effects these delays are having on our veterans, seniors, Small Businesses, and families across the country. When we asked postal leaders about these delays they downplayed them. They dismissed them as temporary. They discounted them as a minor, unintended consequences of reforms being put in place. But then we saw National Headlines describing these delays in much more detail. I have a document here that headlines from almost every state in the count