Over its next attempt to provide billions more in stimulus but what happens if the impasse drags on . The democrats want guarantees that some of the money will go to hospitals stressed by corona victims. Gop congressman Roger Marshall of kansas is a doctor who ran hospitals. Hes going to walk us through the top medical and political issues blocking additional aid. The Million Dollar question both democrats and President Trump are asking, when will president obama officially get his shoulder behind president ial candidate joe biden . We will ask obama confidant robert wolf. Plus grocery chain stores stop n shop teaming up with unlikely partners to protect its customers and staff. First on fox business, stop n shops top dog, gordon reed, on his uber big announcement. Guess whos seen a 1,000 increase in its business . Next year in jerusalem but for now, we are kind of stuck with zoom. Exclusive pictures, i know you are waiting for this, from my zoom passover seder coming up. Less than an
Falling 973 point, but the real damage was done in the small caps which got a lot smaller today. The small cap indexes, you name it, you can throw a dart and hit one, it was down 7 to 8 . Small caps on concern of the domestic economy taking it on the chin you also have to look at the big banks. Big bank stocks also in the red. You heard the gang before just talking about it and also focus on boeing. Boeing losing another 12 today. Another very difficult day for boeing and the airlines in general. Just a reminder, we of course, at 5 00 will be monitoring that White House Coronavirus press briefing when it occurs, if you have marketmoving headlines or headlines that you need to know, we will bring you into that as always, waiting for it to begin and well dip in once or twice during the show, as well welcome, everybody as said, im Brian Sullivan and we have a great trader panel we have tim, karen, dan and guy. The gang is all here, and karen finerman, i want to begin with you because i kn
Be more big moves next week. Oil staging another big rally today. Yesterday traders said it was mostly Short Covering. Could this be the beginning of a real rebound for the commodity . Weve got rbc commodity guru helena croft joining us live. We have bob pisani tracking the action here at the New York Stock Exchange. Kate rogers at the nasdaq and jackie d at the nymex. Finally more typical august day. There is a little fireworks in the energy space. S p 500, a narrower range, about 15 points. That would be more than normal on a typical day. Compared to what weve seen, other than a slight swoon in the middle of the day, its been fairly straight and narrow here. I want to show you what markets are doing here. Well call the trading range narrow. Volume on the heavy side. Not as heavy the prior four, five days. Heavy for a day in august. Breadth 32 advancing to declining. Thats been holding other than a droop in the middle of the day. Volatility is flat. Look at names like mid state petrol
Hortons. Well speak with two freshmen congressm congressmen, one democratic, one republican, about what washington is prepared to do about it, or if all this rhetoric is now just electionyear politics. Is bigger better . Apple seems to think so. A bigger iphone coming and maybe a bigger ipad as well. Could this be the tablet that finally allows you to throw out your laptop . I hope not, mines kind of new. As apple stock climbs above 100 bucks, well investigate what apple might have up its sleeve. Im rather attached to mine as well. Im with you. In the markets with an hour to go, the Dow Jones Industrial average off seven points, further away from its alltime closing high of 17,138, i think, if im not mistaken. The s p 500 yesterday closing above 2,000 for the first time, today giving up three points. The nasdaq giving up about five. There has been there have been headlines, we should say, about tensions between russia and the ukraine, scott. But frankly, markets here have been more or
Managing director and World Bank President discussed the likelihood of a global recession and the need to tame inflation. Of a global recession at a news conference. They also provided an outlook on the Global Economy. This is about 90 minutes. Thanks, everybody. Warm welcome, good morning. This is our Opening Press conference for the meeting. I think you have all been watching what has been happening the last few days. We have been releasing our flagship documents. With more to come over the next few days starting right now. As the managing director just pointed to, we have our Global Policy agenda which i think you have all received. We will be talking about that later today. Thanks to all of you for coming this morning. This is so great after three years to see colleagues in the room. We do have colleagues online as well. We will take their questions also. With that, i want to turn to the managing director who will make some opening remarks. Then we will try to take as many of your