Now. New data points to a sluggish economic recovery as payroll, points in the beige book shows a modest increase in activity. 59 minutes until the close were set to have another record highs for s p and nasdaq up 1. 2 on s p 500, sara its utilities leading the way higher for a change. Coming up on todays show, Galaxy Digital back to weigh in on the rally as it carries over into september were going to ask where hes putting money to work right now. Weve got an interesting mix of earnings coming your way after the bell, including work from home like cloud strike, those are hot, hot Cloud Companies Apparel Company pvh and well talk to manny tirico, calvin klein and Tommy Hilfiger mike santoli tracking Market Action as always Steve Liesman with new highlights from the feds beige book joining us to talk tesla and pullback were seeing is craig irwin from roth capital. Mike, start us off with the market every group is higher except for energy you do have utilities and real estate and health
Aid package the house is expected to vote on today, the special Election Results in wisconsin, and the House Resolution authorizing remote voting by proxy. Speaker pelosi good afternoon, everyone. Thank you for being here. We are in kind of a new arena, so thank you. To, colleagues, i say how are you . That used to be sort of a turn of phrase, now it is a question. How are you . Forou are well, come here friday. If you are not, stay home. Thanks for not sharing. This is quite an exciting time for us, because we have a monumental need for our country. It is a sad time. 85 thousand people, tragically, dead. Nearly 1. 4 Million People infected. Havethan 36 Million People lost their jobs and filing for unemployment. Yesterday, chairman powell estimated, he stated the need for congress to act immediately and pass further economic relief. In his words, he said, additional fiscal support could be costly but worth it if it helps avoid longterm economic with aand leaves us stronger recovery. Fo
Ms. Pelosi good afternoon everyone. Thank you for being here. We are in a new areen after. So thank you. And i hope i want to call my colleagues, i say how are you . That used to be a turner phrase and now it is a question, how are you. If you are well, come here for friday. If you are not, stay home. This is an exciting time for us, because we have a monumental need for our country. Its a sad time. You know the figures. Thousands of people tragically dead. 1. 4 Million People infected, 36 Million People have lost their jobs and filing for unemployment. Yesterday, chairman powell estimated he stated, the need for congress to act immediately and pass further economic relief, he said additional fiscal support could be costly, but worth it if it avoids longterm economic damage and lives us with a stronger recovery. This tradeoff is one for ourl elected representatives who yield powers of taxation and spending. Chairman powell. Also representatives calling for urgent action are representat
Nasdaq nearly 4 , will get back to the markets, theres a lot of News Headlines to go through, we will take you to that with our fox Business Team coverage, our reporters are set up, blake at the white house, hillary bonnet capitol hill, Edward Lawrence in washington. But blake has been the case, the news coming out at 1600 pennsylvania avenue what is the latest. One of the big pieces that came out was a phone call that happened earlier this morning between President Trump and the top democrat in the senate, Chuck Schumer tried to advance the tree and dollar rescue package that the white house hopes to get over to the president desk at some point next week. One area that the president and democrat agree on if money ends up going to big corporations making sure those can enter and use the money for stock buyback. The president said that he and schumer at this point really are not that far apart. I had a very good telephone conversation with some, we are working on various elements of the
Thank you so much for joining us for our special coverage of the Memorial Service in the town of hono germanys leaders are gathering there right now together with thousands among them survivors and relatives to remember the victims of the racially motivated attack a far a gunman shot 9 people dead in shisha bars there 2 weeks ago he then went on to kill his mother before turning the gun on himself well the initial outpouring of grief in this city soon led to demonstrations not only in han alley itself but across the country people took to the streets to call on their governments to redouble its efforts in dealing with far right extremists well in the aftermath the german chancellor Angela Merkel described racism as a poison in society shes attending the Memorial Service today and. We will bring you german president frank of the star meyers speech live. But as we wait for him to stay to address the crowd at the memorial like to introduce to you my colleague your Political Correspondent