Were happy about. Congratulations for that lets go to the wall and check out where we stand as we set the table for our friday conversation 29,367 for the dow thats 1 . 2 8. S p is just shy of that and the nasdaq is having a pretty good day as are the small caps. Liz young, lets set the investing landscape if we could for our debate youve got virus cases soaring but very promising vaccine news on a number of different front you got the president not conceding but you got biden winning arizona, which gives some more certainty to the transition period, despite the noise and the noise makers, if you will youve got so much pentup demand on the other side of the virus. You know thats going to be the case then you have this battle between value and growth as you all try and figure out where to place your bets for the months ahead. What do we do with all of that what do we do with all that we start with thinking about the time frame its true that through the end of the year, maybe into januar
The speaker pro tempore on this vote, the yeas are 2312 and the nays are 190. The previous question is ordered. The question is on adoption of the resolution. Those in favor say aye. Those opposed, no. The ayes have it. The resolution is adopted. Ms. Lesko mr. Speaker, i call for the yeas and nays. The speaker pro tempore pursuant to section 3 of House Resolution 965, the yeas and nays are ordered. Members will record their votes y electronic device. [captioning made possible by the national captioning institute, inc. , in cooperation with the United States house of representatives. Any use of the closedcaptioned coverage of the house proceedings for political or commercial purposes is expressly prohibited by the u. S. House of representatives. ] the speaker pro tempore for what purpose does the gentleman from massachusetts seek recognition . Gomp govern as the member designated by mr. Welch of vote, pursuant to h. Res. 965, i inform the house that mr. Welch will h. R. 1129. The speake
Abigail doolittle who has been over this story. Nasdaq another record high today. What are you hearing about sort of the strength that we saw into end of todays session . Its pretty amazing. We have another record high for nasdaq. Nasdaq 100, big tech stocks continuing to do well. Those are the stayathome stocks this years defense. Theres an odd tension that you have this years defense and new hitting record high after record high. Interesting,t earlier today, you had tech slightly lower. Bulle end of the day really rushed through supporting technology. Investors looking past virus numbers. Its not going to slow the that it hadhe way on the shutdown. Back in february when the virus was raging in china, that down, stocks here ignoring it. It feels we are ignoring some of fundamental data. Take a look at the moves that we have on the day. Wasnt just tech. Tech actually on the day a sector. Ower as financials up 3. 5 . Bit of a nice cyclical tilt s p 500 beings s p helped out by bond fall
Measures fail to emerge. On the monetary side, the bank of england, becomes the latest to cut rates treasury yields hovering around 80 basis points. Full Team Coverage of todays market plunge. Mike san tolly is with us and meg on the latest on the coronavirus. But well begin with breaking news out of washington major Bank Executives meet with the president today. Well get to wolf at the white house. Reporter the president and the Vice President and the treasury secretary currently hosting in the white house behind me the leaders of the major Financial Institutions of this country in attendance we have the leaders of jpmorgan, bank of america, citigroup, goldman sachs, wells fargo, black stone making it the type of gathering we havent seen since the peak of the financial crisis. Theyre all inside, as we speak. What will be on the agenda well, two main things. Number one, liquidity and the functioning of markets number two, lending to businesses that are most affected by the coronavirus.
Good morning and thank you all for joining us today. Also, our live stream audience. Atlantic Council President and ceo fred kemp. Thanks for joining us both here in the room and virtually for our conversation. If you want to use social media, use ac iraq. Aciraq. You know its an important event when the ambassador is here and when key members of our board are here and its always such a pleasure to have our International Advisory board member jafar here. Thank you for Crescent Petroleum support for this, for the Iraq Initiative, Global Energy center. Ive been stealing ideas from a long period of time, he happens to be one of the best thinkers and actors as an analyst in the region and also a pleasure to have him here as well. Todays event was organized by the councils Iraq Initiative and Global Energy center. Our Iraq Initiative is led by dr. And abbas working with us. Hes one of the rare individuals who understands the workings of the country hes covering, iraq, so intimately and also