We have had the s p 500 higher for the third week in a row. We have the nasdaq down. The first down week in three weeks and a lot of that has to do with netflix having its worst week since 2019. They put up a disappointing quarter, messy Second Quarter but weighing on the stock is the subscriber view for the third quarter. An important peas of information comes out of that netflix result and what is happening with that stock, down 11 , the fact the stocks have been up so much out of the march low, the stayathome stops, it tells us investors have priced them to perfection. If results are messy and anyway, you will see a selloff. That might be something we see in the next two weeks as the apples and amazon start to report their june quarters. David thank you so much Abigail Doolittle for that report. The coronavirus is surging in so many areas around the country, with more than 75,000 new cases in the United States in the last 24 hours. We welcome dr. Marc boom, the president and ceo of
Of High Frequency data we were waiting on. Example, the sox index, why is that rallying . Abigail it has mainly to do with trade optimism. A good portion of the Chip Companies from china, a good portion of the supply chain. Investors hoping the important shift is coming out of the bottom and phase and if 5g goes ahead, that create a major upgrade cycle. However, it does look frothy, so it is important to keep that in mind. Are investors getting ahead of themselves . Last year was a bad year for managers. As we go into the end of the year, you have to think managers want to lock is one in so they can have a good year after a bad year. Vonnie thank you. Kevin. Kevin volatility never stops. Now to this weeks historic vote on impeachment. Lets bring in our Clinical Panel of genevieve woods, spokesperson for the heritage foundation, and basils michael, former executive director of the new york state democratic party. Genevieve, i will start with you. In terms of impeachment, and terms of th
Lawyers say he has not been able to secure a bond for the 464 million judgment against him. What happens next. A critical decision from the Supreme Court. They have until 5 00 p. M. Eastern to decide whether a controversial Immigration Law can take effect in texas. Were going to look at whats at stake. Violence has escalated to new levels in haiti. The intensifies battle between a gang leader and the Haitian National police as the state Department Works to evacuate u. S. Citizens from the caribbean nation. And three separate shootings unfold within one hour. One person is dead, three others are injured as a florida city is now searching for suspects and answers. Our nbc News Reporters are following the latest developments and joining us now, we want to begin with those new developments from trumps legal team. Nbcs Vaughn Hillyard is following this for us. Good to see you. What are we now hearing from the trump camp about his struggle to secure a bond in his new york civil fraud case .
And all promises of that irrefutable evidence in a report on Election Fraud in georgia. Were on the trail with Chris Christie, the republican president ial candidate says hes leading a Truth Movement to be an alternative to trump. Plus, Hunter Bidens tax charges dismissed, at least for now. The latest in the saga over the president s son and the plea deal that fell apart. Our nbc News Reporters are following all of the latest developments. We start in lahaina, where there are still more questions than answers, and a new investigator has been brought in to find them. Nbcs dana griffin just arrived there. Dana, this investigator comes as the islands top Emergency Official resigned. What more can you tell us . Reporter yeah, so a day before Herman Andaya resigned, which was on tuesday, he faced some tough questions from reporters. Listen to what he told them. Do you regret not sounding the sirens . I do not. Had we sounded the siren that night, were afraid that people would have gone into
Come as early as tuesday. We have more details in just a moment, plus ron desantis suspends another elective prosecutor in a move divided as politically motivated this as his Campaign Continues to implode. And the chair of the House Oversight Senate Committee says the vote to impeach joe biden even though he has found zero evidence of wrongdoing by the president. What a sad State Of Affairs for republicans. Im Ayman Mohyeldin lets get, started. Tonight we begin this hour with breaking news. Former georgia Lieutenant Governor geoff duncan, a republican, has confirmed to the Atlanta Journalconstitution that he is set to testify before a Fulton County District Attorney Fani Willis Is williss grand jury willis, who is investigating trumps alleged efforts to overturn the 2020 Election Loss in georgia will start to present her case to the grand jury on monday. The new Development Means that we could see charges against trump and possibly others announced as early as tuesday evening, sources