Sunday. Meanwhile we should note that this comes as joe biden is going to be attending a town hall on abc this evening. That is set to begin at 9 00 eastern. It comes as President Trump will also have a town hall at the 8 00 eastern our, and they will be on abc and nbc respectively. This is supposed to be the night of the debate, but that has been canceled. David dueling town meetings on two rival networks. Is there any reason to believe this information will interfere with that town hall meeting from joe biden tonight or with Kamala Harris being back on the campaign trail monday . Kevin no. They are saying theyre having rapid tests throughout several days, they test both of the candidates and staffers. President trump weighing in earlier today, saying he takes frequent tests but did not specify how many tests. David thank you so much to our chief washington correspondent. Every day bring some new development that may or may not affect the election. What are the markets telling us abou
Today, the blue line is the 20 day moving average. Joe so much action. Plunge, the. 4 worst decline since august 2011, a sixth straight day of losses, and we are in correction mode. Lets talk with all of our reporters. Abigail. I would like to put today in context. It is brutally ugly. It is brutally ugly. Headed to its worst week since 2008, the nasdaq down 12 . Is down 14 . Ex 500 is the only one to go below its 200day moving average. Chart ahead of the selling of the bearish divergence was so stunning and so striking, the question was not when or if the music stops, but was. The new york faang index is we could seeended a decline of greater than 15 , supported by the bearish rsi, not even close to oversold. Ahead fore selling stock indexes in the u. S. Thank you. ,m looking at highyield debt a 2020 gains. Spreads on junk bonds are now the widest since august. The rally and can be seen by the fact that 2020 returns have almost evaporated. 500 is downhe s p more than 6 with an increas
We are going to bring you todays market moving news from around the world. Joining us from hong kong is yvonne man, from london, emma chandra, from washington, Kevin Cirilli, and Michael Mckee joins us in new york. In hong kong, chief executive carrie lam will hold her first public dialogue in response. To the protests yvonne man is response to in the protests. Yvonne man is outside the venue. What can we expect . About several hundred ,eople are out here, chanting not one less, referring to the five demands protesters have. Could bring some pictures of what it is looking like right now, about 150 people chosen from 20,000 applicants in the public to take part in this dialogue, the first is the public and with the government, a town hall style with the governing in the middle alongside carrie lam. They will be randomly picking people from the audience. They have three minutes to ask a question. We will not hear typical q a. They will ask a couple of questions first, and they government
Here. Good to see you. Payne Capital Management president , ryan payne and fox business deirdre bolton. Good morning. Happy monday. Here we are ready to go. Dagen ive got cooler head, what i wrote down on my folder as i watched comments about a Angela Merkel and President Trump about the trade situation. Last week we saw the dow sell off, more than 600 points as more and more investor were worried about the u. S. And china not to be able to be on the same page in some sort of way, create a framework. Now with these comments, seems like indicating a higher open, thats all that investors care about. Business owners are thinking how will i adjust to this, whats coming. Any bright spot, green on the screens, there we go. Dagen exactly. Also this morning, American Enterprise institute u. S. Research strategy in asia, he heads it, zach cooper on china trade. Roger williams is here to talk tariffs and trade. Former u. S. Secretary of commerce, former kellogg ceo, Carlos Gutierrez on the g7 su
Points are we seeing signs of a top well break down head winds. We have a 6 billion chip acquisition to tell you about this morning and what it means for other potential deals as well. And retailers gearing up for black friday but walmart gets slapped with a downgrade over at goldman today. We have the latest on the Retail Sector as we begin an abbreviated trading week due to the thanksgiving holiday, the dow and s p east in the midst of a twoweek losing streak na nasdaq coming off the Third Session and bit coin surges past the 8,000 mark over the weekend. I think the high 8101. 91 theres discussion whether or not it can hit 10k. I was thinking about zimbabwe, whoever has money may want to go to bitcoin. A chinese crackdown, they go to bitcoin. Venezuela, natural bitcoin because its defaulting on everything when you see defaults and people realize currency may be devalued, bit coin seems to be a Good Alternative jack dorsey this weekend disagreeing with sara fryer, the cfo of square. S