Terrific rally. But your 401 k has taken a hit. I think election chaos is largely to blame, and well bring you that debate throughout the show today. Look at this, as of right now, well, we had a huge selloff yesterday, and heres where we stand this morning, were way down again. A hot more selling. More a lot more selling. More worries about a second wave in europe, and there has been an uptick in virus causes here. Look at this, the dow down maybe 160 points. Youre back to 26,500, s p down 25, and look at that nasdaq, 10,600, down 150 as of right now. Premarket. Were on it. And heres what youre looking at right now, a uhaul truck in louisville, last night. It had been prepositioned, loaded with protest signs. The Kentucky Attorney general will not prosecute two of the three officers involved in the death of Breonna Taylor are. After the decision came down, the uhaul was unloaded, and violent protests began. Who paid for the signs . Who organized this protest . Two Police Officers shot
Into a frenzy. We want to show confidence. We want to show strength. We want to show strength as a nation and that is what i have done. And we have done very well. Mark the president also told woodward the virus is more deadly than the flu. In february and march, mr. Trump said publicly that the u. S. Had the virus under control. He repeatedly compared it to the flu and said it could they do way. Meantime, democratic president ial nominee joe biden says the president is responsible for the deaths of tens of thousands of americans from coronavirus. Campaigning in michigan, mr. Biden said the president failed to do his job on purpose. It is another sign of life returning to normal in new york city, Governor Andrew Cuomo says restaurants in manhattan can reopen for Indoor Dining september 30, capacity limited to 25 . Governor cuomo says the city will dispatch hundreds of inspectors to make sure guidelines are followed. He is calling on citizens to speak up about violations. Hurricane mari
There and that continues, at least. No rally 37 bucks. So many different stories to choose from. Lets start with oracle. Those shares are jumping ahead of the bell. Apparently beat out microsoft and walmart in a deal for tiktok and jim and i will go over this and find out what represents a deal nvidia arm holdings. Jensen huang will join us later this and verizon ceo, yeah, why not. Talk to us about that deal, as well verizon buying track phone maybe as much as 7 billion with certain targets met. Jim, no shortage of m a and didnt even get to the gilead deal give me your take on where we stand on the markets before we Start Talking specifically about this tiktok transaction. I can argue i want older people who keep saying the market is too high to cover their ears i could argue that all these deals this morning add up to a market that some people think is too cheap. The amount of money that is going into stocks that i think many people felt were overvalued is astonishing, david. And i t
The bottom of the hour. He is traveling today in wisconsin, talking about the economy and jobs. For now, the Postal Service in the spotlight as we inch toward an election where voters where a significant number of voters will be mailing in their balance. Joining us, abigail doolittle, who has been watching the backandforth of the day. No records today. But what were the main drivers . Abigail everybody waiting for that potential record for the s p 500. Stocks really climbing this wall of worry. The s p 500 hitting this area of resistance. The polls fallen short of being able to take out those old levels. S p 500 up about euro. 3 . Nasdaq once again closing at a record high, up 1. 1 , really being helped out by some of those mega cap tech stocks. China, so muchs, for investors to worry about. They are going again toward this years defense of technology. The vix down a little bit today but still relatively elevated. Couldxperts say that we see some sort of pullback after this huge rally
China trade talks are off. President trump says hes postponing any talks as leaders, xi jinping reportedly facing opposition from within his own party. Its another big day for retail earnings this morning. We are waiting on lowes, target and tjx opening before opening bell this morning. We are talking with apartment ceo after reporting double beat yesterday. He will talk about the pandemics impact on Consumer Habits and concerns over stimulus checks drying up. Markets this morning looking for another recordbreaking day, take a look at future, indicating a gain, dow futures up 51 points, nasdaq futures up 18 and s p and nasdaq continuing in record territory as you see there they are up this morning after hitting alltime highs yesterday. S p 500 scoring fastest rebound from a bear market in history. Yesterday the dow was down 66, but the nasdaq was 81 and the s p up 7 points. New york city is about to get sweeter, krispy kreme opens Flagship Store in times square, ceo live here at 7 20 a