There. 10 year yield popping a little higher now, helping the banks. We have Energy Higher even with oil down but a little bit of a reopening flavor and the bulls are trying to hang on. David tech is a little soft and one might think that would have to do with google, but that is not the worst. Alphabet had actually been popping shortly sharply higher largely priced in, the u. S. Filing this antitrust lawsuit, republican state attorneys general as well, not. O surprising not so long ago, down about. 4 . Trying to figure out what this means. Many experts saying it could take a long time for us to go through these courts and the company itself saying they are not forcing consumers to use their product. It is a strength of their and amazon shares will be weak. We always have to keep an ion the complex. Never a dull day. Thank you for that report stop we are taking a look at pennsylvania as part of the swing states series and today, a democrat from philadelphia to take us through the race
Today, david. David this no argue about it. We were supposed to have the second president ial debate last night. Instead we got dueling town hall meetings. One moderated by abc news George Stephanopoulos and form Vice President joe biden. The other Savannah Guthrie and featuring donald trump. The contrasts were sharp including the economy and the president s response to the coronavirus. President trump i now it was a big threat. At the same time i dont want to go out and say everybodys going to die. We make up 4 of the worlds population. We have 20 of the worlds deaths. We are in a situation where we have 210plus thousand people dead. Whats he doing . Nothing. President trump we had the greatest economy in the history of our country last year. Including the state of florida where we are now and pennsylvania and North Carolina and every place. We had the greatest economy we ever had. We had to close it down. We saved two million lives. We are opening it up. We have a vshape and its comi
Go from tech giants to taxi giants air travel slowly comes back the its a administrator will be here and the billionaire tilman. Hell tell us how the economy could get worse before it gets better welcome, everybody power lunch starts right now money cant coming out of the bond market. Those yields remaining pretty low. Rick has the bond picture. Well go to him on that. Bob has more on this market. The important thing is were at new highs intraday bp well see if we close there. We have our old Friend Technology stocks pushing the market forward tech, Consumer Discretionary but thats largely because of amazon and maybe sochl the ame of the s people the s p is going to have a hard time going down big. Kohls down. Gap down you see these declines this is not about the second quarter. This is about comments being made about whats going on in the third quarter. Look at walmart ceo. He said consumers are spending money but not at the pace they were in the middle of the quarter. Its off to a sl
Consumer stocks like kimberlyclark and chi pochi pot lay showing signs of strength. Well take a deep dive on the debate over how and when to reopen the economy well speak to the mayor of las vegas, who has called the a stayathome order in nevada total insanity and floridas Lieutenant Governor and well speak with cme ceo terry duffy about the wild swings in the oil market those negative prices. And billionaire harold hamms call for an investigation of crude futures trading. Lets drill down on the big stories we are watching. 59 minutes left of trade mike santoli tracking the market rebound. Phil lebeau has fresh comments from deltas ceo on the back of earnings and meg tirrell with the latest on the race for a vaccine. Mike, start us off with the market and the rebound were seeing today yeah, sara. Down about 5 in the s p 500 from fridays close through two days of trading, getting back in a very gentle way i will say today, kind of lowvolume trading. About half of that, not quite half if
In this portion a group of Business Leaders discuss the future innovation and competitiveness environment in the u. S. Good morning. Since the councils beginning in 1986, weve seen over and over and time and again how technology has transformed our lives, and unleashed new challenges and opportunities as we think about a new future for the United States. 2003 was such a period of change. 17 years after our founding, our Council Members recognized that the nation stood at a florida infliction point. We needed significant chance to enhance our innovation capacity which lead to the pioneering work of our National Innovation initiative it, and now another 17 years later here we are again, once again finding ourselves at the precipice of transformational change. Throughout the day as debra mentioned in her opening remarks well hear stories about the changes as they are foundational to our Flagship National commission on innovation and competitiveness frontiers. The commission cochaired by t