Points, bucking an otherwise weak trend. The dow and s p 500 finishing near session lows yesterday. We are counting down to novembe. We are six days away from the big vote before americans he hed to the polls. President trump and joe biden in the final stretch of their respective campaigns this morning. The president is headed to arizona today. The bidens in the hot speat as a former business associate of hunter biden speaks out. Hear from congressman guy reschenthaler this morning, tom fiten and ron johnson about the bombshell report and its impact. Earnings season rolling on this morning. Heavy hitters reporting include boeing, general lek particular, mastercard and General Electric and anthem. Well bring you the numbers. Mark zuckerberg and jack dorsey are set to testify on liability over their sites content. Roger wicker is here, he will lead the hearing today. The cost is out, my new book with James Freeman, we will take an exclusive peak into a chapter on taxes and regulation. We
Flat theres the s p up a corner. Tech is out performing today steve, i look at the notes from all of you today and sounds like youre growing more and more cautious on where we are and more importantly where you think we could go. I think thats right. My position is simple. Were going to get a vaccine the timing is uncertain. Its not going to be distributed on a mass basis until next year. The election wasnt decided until middecember from election day to middecember, the stock traded down 8. 4 . We have a market on steroids i think you continue to see issues which is really gutting the Technology Sector which has been leading the market. We saw more today. They want to call the ceos from google and facebook down to d. C. Again. That is the current administrations platform. Lets get tough on trade lets get tough on tech. Its been disasterous or could be disasterous Going Forward when you take a look at valuations, you know, theyre very vulnerable here if i could be 1010 club, i probably
Meanwhile Federal Reserve not even thinking about raising rates now. Fed chair jay powell saying the current economic down torn is the most severe in our lifetime. Warning containing covid is essential to protecting our health and the economy. Big tech in focus all reporting today, their earnings after the bell, ceos grilled on capitol hill yesterday about anticonservative bias, Business Practices, privacy and china. Highlights from the fiery hearing coming up. Markets this morning pointing to selloff at the start of trading. Take a look at futures indicating decline 216 points right out of the gate, s p lower by 28. Marks rallied yesterday following Federal Reserve decision. The market was up 160 points don oh dow. The nasdaq up 140 and s p up 40 points yesterday. Unrest in america with violence in major cities. And the nba tipping off today, players taking to court in bubble at disney world with empty stands, we will check it out. The ceo of fanduel is here on how the virus is impact
As will playgrounds all due to covid19. The San Francisco unified school board met tuesday to discuss what schools will look like a combination of print base learning kits and actual online instruction. But with the virtual doors opening up in less than 3 weeks parents remain in the dark about numerous things for working if youre looking 2 and a half weeks out if i have to request a schedule change from my employer. If you or me and privilege enough to work from home and make your own schedule you still have to plan around whatever yours your childs schedule is and so today we just know that School Starts in 2 and a half weeks we dont know what time it starts. We dont know how much time theyre going to have to be in front of a screen. We dont know when assignments are ready the School District says theyre still working out details with the Teachers Union and hope to share specific soon in the meantime the district is also looking ahead to when students will be able to return to the cla
Talked to one of the residents in the area this morning who i was asking him when i got here to the know exactly where the statue was because its no longer here and he was shocked because he was like wow i run by here every morning and its no longer here which is really strange to not see it so last week and the leaks weeding up the weeks leading up to this day. Well people in the area and protesters were calling for the removal or loot removal. Of the sir Francis Drake sculpture that was because of the according to them, sir Francis Drakes controversial past and saying that he had ties to slavery. Now hundreds of people last week take to the streets and demonstration asking not only for the removal of a sculpture out here but also they wanted removal from street signs as well as park locations. They even like you mentioned aria got that petition online and thousands of signatures. Well there so again residents waking up this morning to the removal of that sculpture again were going to