Lower. Plus, scp is on track for its worst trading day in 12 years. The german Enterprise Software giant slashing revenue forecast of ongoing covid lock down for its business of course, the race for a cure Drugmaker Astrazeneca says its Coronavirus Vaccine triggers an immune response amongst older and younger adults carl david, well begin with that sap story, and asking if that is something european or something bigger especially for mega cap tech im struggling with the reasons for it very dismal outlook. Frankly, you could argue this stock is still too high at these prices which is substantially down 20 theyre talking about a cloud slow down. Can we understand that cloud has acsce accelerated every business when you upload an sap program in the cloud it does far less for you. There is someone who facilitates going from the private to the public you know something, i got to tell you, carl, this point stinks it does. I had the previous ceo on a coceo ms. Morgan and do you know three wee
Elementary school. A blood bank reports its staying open late. A News Conference in the works from tennessee highway patrol. Updates coming this is the news we can and we will control this virus were going to have a great red wave President Trump playing defense, hard, everywhere. Joe biden on offense trying to flip deep red states tonight the road to 270 and which strategy could win the white house. Two firefighters hospitalized as the flames rage in california. Strong winds threaten to make a bad situation much worse state of emergency the gulf hunkering down for yet another hurricane. Tonight a look at the extreme weather across the nation. Plus a Police Shooting sets off protests, violence and leaves 30 officers injured were on the ground in philadelphia as the city braces for what could be a second night of unrest. Announcer live from cnbc global headheadquarters, the fa the news, the truth with Shepard Smith. Good evening one more week until the election joe biden is in georgia w
Shooting death of this man at a gas station. Now, details on the fastmoving case this is not a trivial disease. Covid surging, fears rising, and rules changing the white house blocked new fda vaccine standards. Tonight, what this means for the safety of you and your family. And road rage. Look at that. What on earth is he doing . What caused this go cart racer to lose it on the track . Announcer live from cnbc global headquarters, the facts, the truth, the news with Shepard Smith. Good evening. President trump shut down the longrunning Coronavirus Relief talks in congress this afternoon. That means no stimulus, not now, as millions of americans struggle to pay the bills. Big businesses lay off workers and small ones shutter their doors. No more negotiations in congress until after the election, the president tweeted. The House Speaker nancy pelosi says the announcement shows the white house is in complete disarray, but the Top Republican in the senate, the majority leader, Mitch Mcconn
Masterca mastercard, microsoft and u. P. S. All lower on the back of their results as well. Bund yields and oil are lower. Tenyear yield, 0. 77 . All 11 s p 500 sectors are lower, sharply lower thats the heat map of all s p 500 stocks very few are green as you can see above me just less than 3 of declines for all three of the major indices, sara. We will ask allianz chief economic adviser mohammed elbrian. Monitoring two live events at this hour, expected speech from french president emanuel macron and a statement from dr. Fauci mike santoli covering the market selloff meg tirrell with more details on the covid spike in the u. S. And europe and ylan mui start us off with the selloff, mike starting to do some damage third day in a row for the s p. Its starting to cut a little deeper the hope gave way and did accelerate the down side multiple pressure points on this market causing investors to have a harder time looking across this valley of growth, right covid case cuts. We dont know wh
12, maybe. And jpmorgan says dont give up on nikola. Thats ahead we start with the markets. Dom chu has that for us. Weve been on either side of the unchanged line well call these markets stable. Weve seen some fractional gains and losses fractionally to the down side. A quarter percent to the down side for the dow the s p off a third of a percent. Similar moving for the nasdaq composite. Key level to watch for the nasdaq, 3401 at the highs of the day, we were up 19 in the s p and down 18 at the lows a good amount of symmetry with regard to the trading range today. A hot part of the market is the Cloud Computing industry this etf, ticker clou, has been a massive upside mover up another 1 today. Record highs for this etf and again since the pant lows wep lows, were talking about a 116 gain one other place to watch in terms of the stock, l brands, price target upgrade by analysts at jpmorgan, that stock was given up for dead quite a time ago. Up 87 almost a twoyear high this is victorias