All right, welcome everybody to power lunch. Kevin is with us dominic too. Welcome, dom good to see you. Here is whats on tap. Stocks are at session highs right now after four weeks of losses the dow is up 500 points both the dow and s p on track for their biggest two day gains since june high stakes stimulus how Speaker Pelosi says she thinks, think, republicans and democrats can get a deal done before the election and tom lee says thats just one reason to buy stocks he will join us very shortly later, which president ial candidate could be better for the economy and the markets . Moodys is out with a new report that takes a look at those questions investors need to know power lunch starts right now welcome to power lunch. Looks look at the bigger wins today. You have fedex leading the industrials over at Deutsche Bank raising target price to 318 a share both those stocks up around 2 Virgin Galactic getting two more buy recommendations. Eight wall street analysts say the same thing bu
The Reagan National and washington but we talk about the airlines with edward and we start with you. Reporter yet, friday rally. Not seeing two days of gains a row and we not seen that and wrote while but they come back in today and closing near the highs of the session for all three major averages with the exception of energy all of the sectors were in the green, led by technology and the tech trader regained its momentum today. Lets take a look at apple shares up around 4 today all of these names, higher on the week with the exception of google just fractionally lower in the nasdaq higher this week but the Broader Market down or weeks in a row and is the longest losing streak since last august, augus. As you can see, the dow down one and three quarters of the week. S p down. 6 but the nasdaq certainly higher. In fact we have one dow stock that actually notched a record high today, that was a nike on a solid blowout earning report and their revenue is just about where it was last year
Peace talks with the u. A. E. And bahrain while donald trump calls the agreement and historic breakthrough palestine. Good morning from russia and china one of the morning here in moscow now my names kevin 0 in here at the r. T. World news center with the round up but you can stick with me as well as it take you through it so 1st that the European Parliament will discuss the alleged poisoning of russian opposition figure alexina valmy chews day the german hospital he was airlifted to 3 weeks ago says his condition is improving or the New York Times reports that he wants to return to russia so hows that going to work peter all of us. With more about that but the news this morning and how it might pan out and the New York Times article paid sizing an anonymous official as a source what would you know about it. Well weve been finding out more about alexa in of on the in the last 24 hours or so 1st shot at a hospital where hes receiving treatment still here in berlin said his condition was
No to violence no to bloodshed yes to think. Less. More like. Again listen we all want to if you. Have to be acceptable people point to ration before they were broke down to no you know society because its been more acceptable there is a real risk undermining faith in the fractionation system. And i think governments are under such pressure to introduce a bank she practically. The willingness to consult and to ensure acceptability or somehow a new road to. This is boom bust the one business show you cant afford to miss fairmont to stay open washington coming up United Kingdom starts a major trade agreement with the worlds 3rd largest economy but details of its 1st post that deal will they remain unclear if any republicans failed stimulus this week will take a look at the profit to market them politics but arties. We have a lot to get to get started. The United Kingdom just clenched its 1st major postbag to deal with the worlds 3rd largest economy well the agreement with japan is a big
A rally after the fashion giant sports a boost and trades higher on a 50 jump in revenues Boris Johnson with brexit treaty as Parliament Backs the Parliament Bill as a warning it will support trade talks the eu has not taken that particular revolver off the table. I hope we can do so and reach a canadastyle Free Trade Agreement as well. Thank you for joining me today. Let me take you straight to the iea monthly report across the industry what we are hearing is that Global Oil Supply is risen by 1. 1 Million Barrels a day in the month of august as opec plus eased cuts but was down at 9. 3 Million Barrels from a year ago, so still a decline follows two months of gains in the recoveries stalled in august production in the United States fell by. 4 Million Barrels a day as hurricane laura forced precautionary shut ins the resurgence of covid 19 cases, local lockdown measures continue telly working and the Airline Industry has led to downward revisions of demand estimates for the third and F