Selloff. The dow industrials down 36 points, nasdaq up 61 and s p higher by 3 and a quarter. This as we await testimony from treasury secretary Steven Mnuchin and Federal Reserve chairman jay powell today, both on capitol hill later today. This follows a huge selloff yesterday sparked by an open Supreme Court seat and impact of it on the ledge Kellyanne Conway slalegislative agenda. Dow indusn 500 points, nasdaq lower by 14 and s p lower by 38. The state of our cities, the department of justice naming three major cities anarchist jurisdictions that could lose federal funding due to ongoing unrest. Rudy giuliani is back with us with his take on all of this. Then, fine on the field, nfl handing out massive fines for mask violations, all the numbers coming up this morning. Women and wellness, how some are expanding business while keeping their cool in the era of coronavirus. Super model Kathy Ireland is here with lifestyle tips you dont want to yo miss. Mornings with maria is live right n
Its earnings after the close. Should you take it for a spin . Todays initial jobless claims, 884,000. The a stark reminder the economy need as bump. Senate killing the republican skinny bill which i think was a waste of time anyway. Where is the sense of urgency . I will ask senator Marsha Blackburn coming up. Look at the inspiring story of a ufc fighter and his father. All that and much more on making money. Charles so, folks after wild hopingover the last five for equalibrium, market at alltime highs, beginning to sway side by side. It is scary and epic. Even trading before today was wild. It was all over the place. So, is this a session where maybe we can finally get some equalibrium to this market . If so, what is next . Well ask ryan payne, ceo of Payne Capital management, a group im not affiliated with. Fitzgerald group principal, keith fitzgerald. We have optimal strategys Francis Newton stacy. Francis start with you. On the notion that we chose unchanged today, would be some fo
Discuss plus the latest on her clients case. Markets are higher, futures with gains. Nasdaq futures up 142 and the s p futures right now higher by 32. Investors hope to go hoping to keep yesterdays rally alive, gains of more than 7. 6 including final day when the dow industrials are up 329 points. The markets are higher across the board for the Third Quarter, dow industrials up 8 , nasdaq up almost 10 and s p higher by 7 . Iec and chairman joining this morning on 8 00 a. M. Hour to talk about the state of the economy, technology and a lot more. High wind and record heat making it difficult to fight the fire in california. We have the latest this morning. The new group hoping for intervention. President trump with signature due making buzz this morning. Mornings with maria is live right now. Ftse 100 is up 57 and the dax index in germany higher by 23, hopes that u. S. Lawmakers can reach a deal on stimulus reverberating throughout the world this morning. In asia overnight, training in j
Well take you there live as soon as we can. That much and more on making money. Charles so it was a major beat on the labor front on all parts of, right . Initial jobless claims declined 1. 2 million. Down 249,000 in one week. Well below consensus. Wall street was looking for 1. 4 million. Continuing claims declined to 16. 1 million. Down 844,000. Pandemic employment assistance swooned to 655,000. It was above 900,000 a week ago. Yesterdays adp number, tally of jobs created, 4. 3 million. Initially they thought it was 2. 4 million. All of this dovetails with better data on the economy and service economy. I know it sounds nuts. It against conventional wisdom of all talking heads but i think the v is getting stronger so am i nuts . Lets ask Keith Fitzgerald of the Keith Fitzgerald group, jack ablin and walser Wealth Management president , rebecca walser. Rebecca, am i nuts . All im looking at the data and it is getting stronger no stopping engine newt of the american machine and Economi
Districts that dont open schools. Well get reaction from mattie duppler. What about the another stimulus package . Where is the urgency . I will a a an bgs all that and so muchuc more morn akinmymomo. Wheelelelel are areni tng t s y nglihikenk tinhig,nking,ing, tnh iths wh iats ywhouat y couan. Snststste a of knowns and a lot of unknownnk to to consider at this men put into perspective. Rtic alert bear case, 20 decline from where we right now. S p, maybe to 2500. Base case, the s p earnings improve to the end of the year, maybe slightly higher than where we are. There is the bull case. 3500 in the s p. I want to bring in two women that really know. Experts. Market chief strategist, Kathleen Rooney vera. We have Francis Newton stacy. You know i love you guys. When i bring you on, that is six names that i have to contend with. Let me, start with you, francis, of these three potential scenarios which one makes the most sense to you . By the way how should we be invested in that particuarl