The breaking point when the robots are finished, i feel comfortable plus, meet the hightech viruskilling robot fighting covid19 announcer live from cnbc global headquarters, the facts, the truth, the news with shepherd smith. Good evening with four days until the election, joe biden and President Trump are on a final Campaign Blitz, crisscrossing the midwest as politics and the pandemic collide headon in the heartland of america the candidates holding dueling events where covid hospitalizations are at record highs. And patients are overwhelming some hospitals heres a look at where theyre campaigning today. Biden also making it to des moines, while the president is near detroit. And they have a very busy weekend ahead. Tomorrow, biden and former president obama will Campaign Together in michigan, flynt, and then detroit President Trump spending saturday in mustwin pennsylvania, with three rallies across that state. Now, a live look in rochester, minnesota, where the Trump Campaign plann
Says a 10 correction remains the most likely outcome in the nearterm. Joe, tell me whether you agree with this call he said last weeks failure to break through technical resistance for the second time suggests the correction is not over he expects softness past the election before the next leg of the bull market. Do you agree with that last monday we got up to 3,459 on an intraday high. The previous high was 3,588. The reason we pulled back is the absence of a stimulus deal the conditions are fully in place now to exceed that 3,588 high when you look at retail sales in the u. S. , when you think about the strength of chinese economic numbers, think about the fact that yesterday we had the single largest travel day for the Airline Industry in the united states. Clearly the conditions are in place. If i look within the markets itself, its just not technology on friday reaching 52week highs. Air freight logistics, construction and engineering the conditions are there its the absent of sti
Truckers or some other area of transsport that are really the hot spot and the pandemics have been a game changer for video games and have taken upstage 70 over the past year and we have those details. Power lunch starts now thank you, ty the clock is stiticking on what nancy pelosi is the last chance to get a stimulus package now. Ylan democrats are holding a Conference Call right now before she talks to the treasury secretary at 3 p. M he said conversations have been encouraging but there is still a lot of work to be done a few of the issues, testing and its impact on minority community, Child Tax Credit, state and local funding, the census, workers liability and Health Care Providers and thats not even an exhaustive list. Meanwhile, Senate Republicans are balking at all of this majorityleader Mitch Mcconnell said it is heartless for democrats to continue their total blockade unless Speaker Pelosi gets her way. The president has expressed confidence he could bring republicans on boar
Stocks plunging americans sick main street hurting. Has the economic pain finally caught up with wall street who here is voting for trump . This is not political its patriotic the message and the money whats the president ial ad war telling us in this final week of the race live from cnbc Global Headquarters the facts. The truth. The news with Shepard Smith. Hurricane zeta roaring inland it crashed ashore in Southeast Louisiana less than two hours ago as a powerful cat 2 storm, the nbc climate team expecting extensive damage zetas hammering a region still recovering from two major hurricanes this year Nbc Universal coverage coming up first tonight, from our new studios at cnbc Global Headquarters, a dire warning from the former head of thefda the pandemic is about to get much worse and were at only the beginning of a steep curve were about, you know, maybe three weeks behind europe, maybe a month at the most. See were on a trajectory to look a lot like europe as we enter the month of n
Amazon also boosting, well, going up, of course, and apple, man, youve seen them both over the last day and this morning perhaps no exception, later today, we get the apple phones, prime day has kicked off, carl it is a big day. And as it was for yesterday, in terms of the stocks. Indeed, were within 2 of all time highs on the s p, trying to get back to the september highs, jim but i wonder if you think the lead this morning are these loss provisions at jpmorgan. I am surprised positively i think what has happened is people arent spending, not borrowing, credit card losses, fine Small Business loans, i dont know where the people are that theyre not suffering. This is it is not a happy maybe jpmorgan is lending better i will say this, david noticed this, there will be a call that goes on, simultaneously when we talk about it, and that call is going to take the wind out of our sails, david, if we Say Something really positive because there will be one comment and some comment that comes