Of the covid tunnel. Two down, two to come, Johnson Johnson and astrazeneca. Thats the main reason for the big monday morning rally with the dow jones up about 450 points. Tao, 30000. If we gain 500 points the dow jones is at 30k, again in a one half percent. Smaller game for the s p and nasdaq slightly lower. That is the market. Love the rally. Hate this of violence. Trump supporters attacked in washington dc last night with tens of thousands rallying peacefully, but after nightfall violence. A limited Police Presence and virtually no mention about this in the Mainstream Media and so far no statement from the biden harris camp. Bernie sanders now says he has not met anyone who wants to defund the police. Has he talked to aoc . Editorial, the company ministration deserves credit for the Rapid Development of the vaccines. Republican states like florida deserve credit for opening their economies to get the country moving forward and democrat governors in new york and california and elsew
Despite election polls moving against the president , despite the media aggressively questioning his treatment and his doctor statements and his hospitalization, all of that despite it all and by the way they really hated this, the president ial driveby, thinking his supporters, cnn said he exposed his secret service driver, the president had a good night, hes been treated with remdesivir in a steroid and his doctors will update his position in two hours, you will see it, that could move the market, i have a sign of the virus time story for you, the regal chain of theaters will shut down indefinitely, 540 in america, 120 in britain, they cannot handle the delays in the release of big budget movies, james bond never say die and they cant handle the publics lack of enthusiasm for watching movers out of the home, the virus rippling through with all kinds of indications, throughout the show we are checking the president s medical condition, his possible return to the white house and the ma
Thats still a threat a new stimulus plan high seed out still but maybe this is a buy on the dip day for big tech. The big five are off to a good start, you will see it all in a moment, plenty of green on the screen this morning, the debate joe biden says the president is not smart and he does not know much about Foreign Policy or domestic policy and he will come out swinging in the debate tomorrow night. The president wants biden to take a drug test before the debate and hes asking where is hunter biden, 36 hours ago, get separate tv ratings record, judge barrett facing harsh personal criticism, democrat activists are calling her a white colonizer for adapting to haitian children in senator feinsteins attack on her catholicism keeps popping up all over the place. Judge barrett starts makin meetg tomorrow and several refused to meet her including senator schumer, the hearings can begin in two weeks around october the 12th getting close, what a day and what a week, jobs day friday and Va
Growth rate and job creation, now if you put the fed statement and higher jobless claims together, thats whats pushing stock prices down this morning. Look at it. The dow is off about 100, s p 60, nasdaq about 31, more on that in a second. All right, did you watch night 3 of the Democrats Convention . It was hate trump night. Speaker after speaker layed into the president in personal terms. He gets the blame for everything. Seems to me like the democrats have not gotten over their loss 4 years ago. The president was live tweeting all the way through. We will show you both sides of this, of course, but seems to me like all of the democrats have is hate trump. Varney company is about to begin. Stuart look at the red ink on the markets, first of all, down across the board but not that much. Lets get right at it. Larry kudlow, director of Economic Council at the white house. Larry, negatives this morning. More than 1. 1 million jobless claims, the fed says the virus is hurting growth, back
Shall observe. You will see the memorial event unfold throughout our program today. The stock market trading begins at 9 30 a. M. And were at a modest gain after yesterdays late and very big selloff, the dow is probably going to be up 90 in the modest gain for the s p of 37 on the nasdaq. That is at the open. We have no idea how the market closes today. Look at this, peloton, the stock of the day if not the week terrific Earnings Report, huge increase in sales and a rosy projection for the future. Watch that stock go. Peloton is up 9 at 97. I have three quick headlines for politics and money. Microsoft says russian chinese and iranian hackers are targeting the 2020 election. No impact on the stock of course but this is a clear warning. Joe biden is embroiled in a teleprompter dispute. Does he use one to help them answer questions. Surely that is out of balance but articulate president ial candidate. In the nfl is back completely protest into and thumbs you will see it all. September 11