Tech stocks underperforming today, pulling back more of mondays gains or giving up mondays gains, i should say, still on pace for a positive week 59 minutes left of the session, exactly down. 5 , sarah. Weve got a big lineup coming your way National Economic Council Director larry kudlow will join us to talk about the stimulus negotiations and any Economic Impact there. John shrewsberry of wells fargo will be with us and well talk to David Malpass and the race to fund Vaccine Development around the world. First off, though, lets get straight to the big stories were watching mike santoli is watching the market pullback. Rick santelli has the bond report but lets start with mike santoli. Big tech and momentum growth that have been running pretty hotly. This modest payback mode for the prior few weeks. Lows for today were right exactly where the s p closed on friday essentially made this roundtrip a couple of times, trying to bounce off of them yes, if you look at energy, look at pure val
Behind that. No cardboard cutouts and facemasks right now. Thats a short window compared to a regular baseball season, which team has the best chance at success over the next two months . Some speculated a short season favors the giants, i dont see it they are a team in rebuilding mode and foster is not walking through that door, they got a dose of bad news today, aj has his shoulder strain he is going to start the season on the injured list. That is a setback but the oakland as loaded top to bottom this is a setback but they have their size set on the postseason. Its nice to at least be able to watch baseball. Bring it on. Are you rooting for the as tonight or the giants . We want to see your team spirit. Another big story involving high school sports, for and other fall sports will not happen this year, the California Federation made it official this morning, fall sports are being pushed back to january of next year, most schools are closed for undercurrents is instruction, they had
That is really interesting, if they are allowing them to take on risk, you would presume that would help the economy and funnel more money out there. Later on, speaking with a buyer ceo. There has been a 10 million settlement after the acquisition of monsanto. So lets get into the bigger story of the day, what is happening with infections. We want to bring in a doctor to help us understand everything. We have with this a senior scholar from the Johns Hopkins school of Public Health. This after records have been anden in florida, texas california with hospitalizations. , whatmarket participant are the figures and numbers we have to Pay Attention to to understand the feedthrough of infections into the economy . Amesh it is the percent positivity, meaning how hard has a become to find cases. We are seeing places like arizona, florida and texas where it is about 5 , now going into the 20 range. That tells you the outbreak is not under control in those states. The other thing to look at is
She is fine. Guy johnson with us from london. The imagery of the korean speaking and all the pageantry the imagery of the queen speaking, explain to us in the mood in london. Queen, in some ways, was beating towards the idea that this is a Second World War moment. Of class andind character that needs to be that that is the kind of class and character that needs to be exhibited. Has been some criticism of the Prime Minister for trying to be a little too shale in his stoicism. He is being hit quite hard. He is over the road on the other side of the break or at st. Thomas hospital. She is being treated there. Officials at number 10 downing street say he is still running the government. Secretary as the person who has been tasked to effectively step in for Boris Johnson. There is a great deal of talk. We dont have a Vice President here, it needs to be made a little clearer how things are going to work and how Boris Johnson is going to spend time away because he needs it. Stay with us. On t
Reporter yeah, deirdre this could be the biggest trade agreement of alltime, possibly. We have to look at the numbers here. The u. S. Touting some real structural changes in china, saying also that this agreement will be signed on paper and signed the first week of january now the chinese are saying this covers some very big items, really big sections, including protecting intellectual property , increasing those protections, those deals of the force transfer of property, ending that, opening Market Access for Financial Services firms, and china agrees to stop manipulating its currency. The president also says chinas agreed to buy a lot more agriculture from the u. S. But would not put that number in writing. President trump i think they will hit 50 billion in agriculture, much more because its also manufacturing and other but i think in agriculture they will hit 50 billion. They were already buying, even before the deal is signed, theyre buying. Reporter and as Senior Administration o