Then walmarts answer to amazon prime, we will give you a breakdown of what is included an whats not and finally, white house chief of staff mark meadows will join us live, we will talk stimulus, covid19 and the unrest across the nation thats happening toward the top of this hour and you will not want to miss that. Carl kayla, david, guys, everybody is taking stock of the journey we have had not just in august for stocks, but for the past five months, the dow best fivemonth gain since 2009, for the s p the best five months since 1938 and as we said at the top, david, we are heading into historically the worst month not just in general, but especially during election years, september and october have averaged negative returns and we will talk to mark meadows about politics which are increasingly going to be part of the picture here yeah, no doubt. I think you heard it with the last guest who appeared on squawk box at the very end of that show. We are entering what conceivably could be a
Release. More on fight for freedom. At 8 00 a. M. Congressman devin nunes and we will go inside of the investigations of the origins of the russia probe and find out what the House Intel Committee is doing and who could be held legally responsible. At 8 30 a. M. Eastern. Senator rand paul on stimulus battle and concerns about our rising debt. This morning markets are trading mixed. Take a look at futures right now indicating a decline at the start of trading, nasdaq futures down 7 and s p down 3 and a half. This after a big rally yesterday. U. S. Markets rallied strong with the s p 500 closing at 6 points away from a fresh record high. Dow industrials up 289 points at 4 00 oclock on wall street. Mornings with maria is live right now. Maria Global Markets are negative. Red across the board in europe. Cac quarante in paris down 7 and dax index in germany lower by 26. The u. S. Announcing it is keeping tariffs on 7 and a half billion of european and uk products. All that coming up this mo
Deaths rise above 700,000. Double if theld pandemic is not stopped. And tiktok continues to make news. Microsoft may now be into its worldwide operations, while facebook continues to push a homegrown u. S. Rival. Shery we are seeing u. S. Futures coming online flat at the moment, after stocks climbed in the regular session. We had some optimism over a potential stimulus package, but investors are cautious. The s p 500 gained for a fifth consecutive session. Communication and tech stocks led the gains. Apple reached a record. We did get a lift for stock markets in the afternoon after President Trump said he could act unilaterally on some stimulus measures. We also have positive initial jobless claims numbers. Lowestll to the since the pandemic began. There will probably be a slowdown given the rise in infections recently. Take a look at how oil is doing, just under the 42 a barrel level. In new york, it fell for the first time in about a week after wavering between gains and losses thro
In brussels. Then you rollover in the stimulus, and the struggle is to get to august. That is what they are going to do at the white house today to have senator mcconnell go up to. Ee mr. Trump this is a Republican Party in fullscale panic. Jonathan congress returning to work. A 2 trillion spread between democrats and republicans going into these negotiations. Lisa it will be really interesting to see what President Trump is demanding and what he is willing to give up. Lets start with what tom already laid out. 4 00 a. M. Eastern time or p. M. Brussels time, we get the eu leaders reconvening to try to get some kind of agreement. The signal is positive. The question is in the details, as you were talking about earlier today. We will hear from the white house meeting with mcconnell, as well as treasury secretary steven mnuchin, to discuss a new stimulus package. Very curious about the payroll tax cuts President Trump is demanding that has bipartisan opposition. Aftermarket, we get to kic
Infections heading towards 16 million. Hong kong says the situation is increasingly severe. Has extended the Wage Subsidy Program beyond september to protect the economy from fallout from coronavirus. Shery a quick check of how the markets are trading. We are seeing u. S. Futures kicking off unchanged. This after we saw u. S. Stocks rally amid encouraging vaccine news, this time from the university of oxford and astrazeneca. The s p 500 finished at the highest since february, turning positive for the year. Tech and discretionary stocks outperforming. The vaccine optimism sort of faded. We have a very Competitive Landscape that failed to impress. Risk was revived in the afternoon session following improved u. S. Infection numbers. California and arizona reporting a slow down infections. We still have that stayathome defense rate being back with strength. The underperformance from the russell 2000 very pronounced, while the nasdaq also finished at another record high. Take a look at what