Series due tomorrow, has got traders moving an moving, not looking back. It is an amazing turnaround. The nasdaq as charlie brady, our stocks editor reminding my staff is more than 2 away from highs that seem so far away. Remember that thing really carooned, careened all the way from the highs during the pandemic. The dow already in dow in positive territory, with s p gains up close to 10 . Whatever the jitters about the election, what will happen, whether it will win, a long election count, nothing seems to matter. It is buoyed by earnings optimism. The consumer optimism. The fact well all be shopping like crazy and this is telegraphing strong economic numbers to come. Who knows. Sometimes these things can get a little manic. But this is like a good manic if youre long stocks. Im neil cavuto. Youre watching coast to coast. A lot of things well pick apart the next two hours a lot of things going concurrently. The amy barrett hearings. It is following script. Democrats saying this theyr
Production next week. Now we dont know which ones are going to be built but we just know for boeing which has had rapid troubles over the past year and a half or so to say nothing of the virus shutdown here, but this is welcome news, certainly for the markets and of course the biggest advance today is Gilead Science drug that is showing promise, or could be effective against the coronavirus, its out there a number of other medical concerns that are also involved in the hunt for a vaccine or a treatment and there are a variety of them out there half a dozen is coming up here and i will explain a little bit later but its what gilead is doing thats getting a lot of attention as we stressed so many times here regardless of the stimulus around the virus, what will really move the markets and connell ly proven to be the case is progress on dealing with and or treating the virus so this gilead news is big news in need, Jackie Deangelis on that and much more. Jackie theres optimism in the mark
Wiped out. Were back to where we were right after the financial metdown. A lot of people are wondering how many arrows are left in the feds quiver. The president is taking Emergency Action of his own. He is already Restricted International travel. Of course for School Systems across the country, comprising now better than 11 million kids, theyre closed and a lot of kids sort of have to, technologywise do their classes on their home computers. I can tell you as a parent of a couple teenagers good luck with that. Meantime the Global Impact is clear, as one market after another sells well off into bear territory. Deirdre bolton following all of that. Bolton, we are jolten. A tough start to the trading day. The fed seemed to make more traders anxious than not. The fed, neil, you know this, basically what the fed has done in credit crisis over seven or eight month period t was done within hours this weekend markets reacted in the first 10 seconds. We dropped on the s p 500. We had a 15 minu
Long time before it recovered september highs. How long . Try about 25 years. In other words, the highs we reached that year, at the peek of that bull market, september third, 1929, were not realized again until november 23rd 1954. You hear about catalysts and Hedge Fund Managers at time, were not called Hedge Fund Managers. Were worried about the giddiness building. It was too far, too fast a great comeuppance. Herbert hoover who was providing over roaring market. He came into office in 1928. Things were swimmingly two years later. He would not survive in the next election. Someone who was considered laughable shot rising to the white house, you might remember the name. Franklin roosevelt, Big Government spending liberal, who many said who would have no chance taking 1600 pennsylvania avenue in the middle of a financial crisis. Reminders that unexpected developments can change outcome of elections. We saw that in 2018, john mccain, fellow named barack obama were deadeven until the met
There will be hours and hours and hours of Video Surveillance that we have to recall with the cooperation of the mgm. [question off mic] well, i dont understand what youre alluding to how could it happen. This is an individual that was described as a lone wolf. I dont know how it could have been prevented if if we didnt have any prior knowledge to this individual. It wasnt evident he had any weapons in his room. We have determined that there are has been employees going to and from from his room and nothing nefarious was noticed. At this point, thats what we noticed now. Can you describe how they were able to find the suspect . Yeah. So any special minute that take place in the Southern Nevada region, its required by nrs to supply Police Officers to ensure security. The mandalay bay did a great job of hiring Police Officers. They had sufficient staffing for the concert. And when this individual decided to fire upon the crowd, which was approximately 22,000 individuals, its very difficu