Thank you very much. I was just talking about a thawing for the markets. Yes, earlier today, we did hear that of course, stimulus talks would be in play and that we started to hear some Smoke Signals between nancy pelosi and of course, we were talking about trillions of dollars could possibly be pouring into the economy. Shes speaking with treasury secretary Steven Mnuchin. But apparently now Mitch Mcconnell as he just heard is pouring cold water on that, or maybe hot water because we were starting to see some real action here. Now, movement on a spending deal quickly erasing at least the bad taste in some of the mouths of some investors after last nights debate performances by President Trump and joe biden. Fox businesss lou dobbs calling it the worst debate hes ever seen. Lou is about to in join us live. Hes been crafting his unique debate analysis. He will give it to you even before he gives it on his own show tonight. Stay tuned. Hes coming right up. Meanwhile, this latest Silicon
Ashley, kick it off with you. Ashley why not, million listsa welcome back, connell. Hopes for a new come from mize stimulus bill and decent Economic Data has to be said helped push major markets higher in the session. We lost some steam in the final hour. What about the final minutes . More money came back in even though we know Congress Continues to wrangle over the relief bill. The dow, s p, nasdaq finishing the day as you can see on the upside. The dow up 328 points. S p up nearly 1 . The nasdaq gaining 3 4 of a percent right at the closing bell. Not bad. By the way we should mention apple, almost, i say almost reclaimed it is two trillion dollar market value gaining more than well, 1 1 2 in the end, about a buck 1 2 short of that landmark level. We should point out apple is up 27 for the Third Quarter. Not too shabby. As for the month of september, a historically weak month we know that for stocks. That kind of proved to be the case with all the Major Exchange losing ground. The do
His Supreme Court nominee. No more stimulus talks, according to the president. The dow had been up more than 200 points and now you can see, it has swung to the downside, now lower by 267. Weve got the s p down 33. Nasdaq has lost all of its gains and more, down 128 points. But what are we to make on top of all of that . Of a trade deficit that expanded to its widest margin in 14 years, despite President Trumps buy american drum beating, the countrys taste for foreign goods, yes, thats you, remains firmly in place but a slight shrinkage in demand for chinese products. Is team trumps china trade war working or are we seeing squishy numbers in the middle of a Global Pandemic . Trumps biggest china hawk, adviser Peter Navarro, joins us live. And could it be the most intensely watched Vice President ial debate in history, as the vp candidates get set to battle it out on a utah debate stage tonight. Democratic nominee joe biden is just hours away, about one hour away, actually, of his own v
Hillary vaughn on site at Salt Lake City for tomorrows debate. Edward well start with you. President trump shocked the market, democrats, and told his representatives to stop negotiating because the democrats are negotiating in bad faith. He started out his tweet saying that House Speaker nancy pelosi wants 2. 4 trillion package to help poorlyrun, in his words, poorlyrun high crime democratic states. Money no way intended for covid19. Adding she is not negotiating in good faith. The president is saying he is rejecting their request, instructing his representatives to stop negotiating until after the election. He urged Senate Majority leader Mitch Mcconnell to nominate and approve his Supreme Court nominee. This comes on a day that the Federal Reserve chairman jay powell also stressing that stimulus, more stimulus for the economy is something that is needed. He laid out how in the first cares act the federal government, help from the federal government and the Federal Reserve helped ste
Liz let me be clear, hes right, the fed moves the markets. Stocks thank you, charles are stinking, are sinking think kind of are stinking [laughter] as big tech selling of apple, amazon, facebook offsets j js vaccine, theyre not able to lift up this market. The dow looking at its fourth losing day in five. We are down 465 points, low of the session down 475 or so, so were just about there. S p is losing 66, the nasdaq hitting a new correction low, down 291 points. The nations top pandemic fighters from the fda to the cdc and more testifying on capitol hill just one day after american depths from the coronavirus deaths from the coronavirus trooped 200,000 topped 200,000. Well take you to d. C. For all the drama. Meanwhile, one tech company that helps americans get cheaper Prescription Drugs making its debut on wall street just hours ago. The coceo of good rx is here for his instant to his stocks day one pop and what he can promise, he says, without any help from washington d. C. And a p