Wall street is looking for any clarity on stimulus following President Trumps tweets, suspending further negotiations until after the election yesterday but calling for targeted relief since then for airlines, Small Business and a new round of 1200 checks. Eli lily saying its seeking emergency use authorization for antibody treatment dr. Gottlieb says its a major step forward got a bit of reversal from yesterday. Quite so. On todays show, restauranteur danny meyer putting out a plea for lawmakers to come up with a stimulus plan. He will discuss what it would mean for the Hospitality Industry if help doesnt come through soon plus kara swisher on whether any of that will mean real change Steve Liesman has the fed update for us, and joining us to break it all down is jeff sherman from double line capital. Steve, lets start with you. Wilf, thanks. Fed officials in their meeting from september had begun to have concerns about the possibility additional stimulus would fail in congress. They
But investors see signs of an economic recovery. Paypal is embracing bitcoin, allowing users to not only buy and sell the cryptocurrency, but to use it for purchases as well. Is it time to add it to your portfolio . And snapchat reported a jump in users and revenue, and it actually made a profit, sending the stock soaring. Other companies that rely on digital ad sales are reporting next week. On the round table, my colleagues, ben levisohn, carlton english and jack howe. Ben, lets start with a look at the market. It was down a bit this week as that stimulus offer remained just out of reach, as it always seems to be. Covid cases surged. But youre looking under the hood, as always, and you think its not all one story. Thats right. I mean, look at the market right now, i dont see a lot of worry either about stimulus or about covid, for that matter. What i do see is some worry about technology. We had all the big tech stocks, a lot of it took it on the chin. Apple down 3 , intel dropped 11
Covid cases surged. But investors see signs of an economic recovery. Paypal is embracing bitcoin, allowing users to not only buy and sell the cryptocurrency, but to use it for purchases as well. Is it time to add it to your portfolio . And snapchat reported a jump in users and revenue, and it actually made a profit, sending the stock soaring. Other companies that rely on digital ad sales are reporting next week. On the round table, my colleagues, ben levisohn, carlton english and jack howe. Ben, lets start with a look at the market. It was down a bit this week as that stimulus offer remained just out of reach, as it always seems to be. Covid cases surged. But youre looking under the hood, as always, and you think its not all one story. Thats right. I mean, look at the market right now, i dont see a lot of worry either about stimulus or about covid, for that matter. What i do see is some worry about technology. We had all the big tech stocks, a lot of it took it on the chin. Apple down
Covid cases surged. But investors see signs of an economic recovery. Paypal is embracing bitcoin, allowing users to not only buy and sell the cryptocurrency, but to use it for purchases as well. Is it time to add it to your portfolio . And snapchat reported a jump in users and revenue, and it actually made a profit, sending the stock soaring. Other companies that rely on digital ad sales are reporting next week. On the round table, my colleagues, ben levisohn, carlton english and jack howe. Ben, lets start with a look at the market. It was down a bit this week as that stimulus offer remained just out of reach, as it always seems to be. Covid cases surged. But youre looking under the hood, as always, and you think its not all one story. Thats right. I mean, look at the market right now, i dont see a lot of worry either about stimulus or about covid, for that matter. What i do see is some worry about technology. We had all the big tech stocks, a lot of it took it on the chin. Apple down
But investors see signs of an economic recovery. Paypal is embracing bitcoin, allowing users to not only buy and sell the cryptocurrency, but to use it for purchases as well. Is it time to add it to your portfolio . And snapchat reported a jump in users and revenue, and it actually made a profit, sending the stock soaring. Other companies that rely on digital ad sales are reporting next week. On the round table, my colleagues, ben levisohn, carlton english and jack howe. Ben, lets start with a look at the market. It was down a bit this week as that stimulus offer remained just out of reach, as it always seems to be. Covid cases surged. But youre looking under the hood, as always, and you think its not all one story. Thats right. I mean, look at the market right now, i dont see a lot of worry either about stimulus or about covid, for that matter. What i do see is some worry about technology. We had all the big tech stocks, a lot of it took it on the chin. Apple down 3 , intel dropped 11