Linsey, what a night. I think the most important thing i take away from it was the backdrop, the use of the white house as a political prop in a way no president could have imagined. Donald trump doing it boldly and defiantly and it looked great. The speech itself he gave went on a long time, and he is an excellent communicator, extemporaneously when hes riffing and kind of lacerating his opponents, reading the crowd, throwing out the red meat, reading a 75 minute kind of meandering speech off a teleprompter is not his strong suit, but his image reminded me of other countries at the president ial palace, not the white house, but walking down the balcony to receive the plaudits of his people. Thats one of the things we havent done before. It was new. And i think the white house was the fault line tonight in the country. There on the south lawn, President Trump and his supporters and outside, the north lawn, on pennsylvania avenue and beyond, protesters, stirred by the demands for Racial
Vice President Joe Biden over the future of america. And the cleanup process after hurricane laura leaves a path of destruction. And brewing success. We talked to the cofounder of one blackowned Coffee Company giving back as it continues to grow you are watching Worldwide Exchange here on cnbc good morning. Happy friday and how the day will be setting it up the dow higher at 163 points nasdaq could look to extend gains. About 15 up for the s p and nasdaq up about 20 points as well after the dow gained 160 points for the fifth positive day in six on the heels of comments from fed chair jay powell on Interest Rates the alltime high briefly topping the 3,500 mark for the first time ever. The nasdaq with. 3 loss led by declines in apple and amazon you can see here, still up 30 on that mark being looing at the bond market, Interest Rate is a key focus this week. Ticking slightly higher. 76 basis points or. 76 . 30year long bond a hair below 451 as well going worldwide to follow that breakin
The deadly terrorist attacks touching nearly all americans but none perhaps more so than Cantor Fitzgerald chairman and ceo who lost twothirds of his 960 new york employees that day, including his brother. Each year on this day, he brings in celebrities to raise millions for 9 11 charities but this year, we are going to talk to him about Going Digital due to another National Tragedy that has gripped the nation. Howard lutnick live coming up. But the coronavirus lockdown, not bad for everybody. Paying big rewards for one company, peloton. The shining star of the workout from home boom as fitness fanatics gobble up its connected bikes and digital workouts and treadmills. The ceo john foley is here on his crazy covid Quarterly Earnings and how to keep the rpms and momentum speeding along. Last nights nfl game has college fans asking football in december . Were about to ask the commissioner of the pac12. Less than an hour to the closing bell, lets start the claman countdown. Liz i want to
Possible covid19 treatment all in the name of politics. Biden and his very liberal running mate should immediately apologize for the reckless antivaccine rhetoric that they are talking right now, talking about endangering lives and it unmines science. Charles well get reaction from the rnc and along with Fox News Contributor liz peek. All that and so much more on making money. Charles well the markets opened under considerable pressure today, extending the selloff that began late last week. For the most part everyone agrees stocks were over their skis especially growth names that went parabolic in august. What is not agreed how much pull back we should expect. On that note i would like to there are different variety of pullbacks. There could be a shallow downturn. There is pull back to the former breakout roy is old resistance points. There is breakout to the 50 Day Moving Average. Worst one is 50 retracement. You see a pullback of at least 50 of gains that were established from the ma
Everybody. Well see how the nasdaq settles. It is just about at that level right now. Look at big tech titans, microsoft, amazon, alphabet, facebook, apple, all those individual stocks down significantly today. Apple down nearly 7 . Apples market cap falling below the two trillion dollar milestone as well. On top of that, it is the worst day for oil in three months, sliding to the lowest level since june. Well cover all angles of this. Fox Business Team coverage, blake burman at the white house, gerri willis and Edward Lawrence standing by with their reporting. We begin market panel, carol roth and gary kaltbaum, kaltbaum Capital Management a fox news contributor. Let me start, gary, with the big rotation out of the big cap momentum stocks, particularly technology, the last three sessions i guess and it continued in a big way today. So where do you see all of this going . Well, look, the only thing more overdue than a correction in technology is if my knicks win the. [banba championshi