Well in many states. Businesses are holding back from spending amid the pandemic and stimulus talks appear to be at a standstill once again with leaders from both sides accusing one another of moving the goal posts in the negotiations. Unlikely we will get a stimulus before the election. 59 minutes to go, dow down 2. 2 . Lets get to the stories we are watching right now as stocks fall sharply mike santoli is tracking the market selloff for us. Which parts he is watching in particular meg tirrell digging into the latest covid numbers mike, whats the broader take on what is happening today average bit of a rethink on a mull pent fronts the idea that covid might cause more business disruption last week the s p 500 was skirting this boundary between this sort of breakout level we had and around 3,400 we are actually below that right now. Did a little bit of damage s p and the nasdaq fell below the 50day average the s. A. P. Warning probably evented the nasdaq from doing a better job of sup
Philips beats expectations in the Third Quarter, sending shares higher in early trade this as the dutch Health Tech Company also backs its outlook. The world needs more Productive Health technology, find new ways to connect patients to doctors, overcome the pandemic and philips is very well placed for the coming years to benefit from that. And chinas gdp rises 4. 9 in the Third Quarter as strong growth in retail sales and Industrial Production support the economys rebound. But the data slightly misses expectations so, there are three parts if i can put it more sub sectors and ideas, one, whats going on politically and economically and on a corporate front this week promises a lot of information on all of the above. Maybe not conclusive information. As the u. S. Elections. Such as brexit were getting to a very key crunch moment as well. Because lets face it, weve got around 15 days until americans have their vote, theyre already voting in droves by the way in the u. S. Election. Not muc
A champion liseys. Animals and people are suffering. There is heart dedicated conservationists are fighting the effects of Climate Change the world we hear what every going to take care of it. Trying to raise awareness about Environmental Issues mostly to do with making children fall in love with the wild. Critters out is known for its beautiful beaches which store tourists from far and wide to the marine an island environment is also home to many wild animals. Including bob a very special feeling got famous not only in cool south. But all over the world. What it duz to and flamingo bob are inseparable the veterinarian came to bobs rescue when it flew into a hotel window and was seriously injured. They posted it there within 10 minutes i was in front of them like i am here for the flamingo and they were like. So you can no longer spread his left wing properly and his feet too to see if he would struggle to survive in the wild so it it took him in. When they asked me is name i was like
A champ in the scenes. Animals and people suffering. There is hard dedicated conservationists a function effects of Climate Change this year for every if you dont take care of it trying to raise awareness about Environmental Issues mostly to do with making children fall in love with the wild. Critters out is known for its beautiful beaches which store to us from far lawit to the marine an island environment is also home to many wild animals. Including bald some very special klingler famous not only in current sound but. All over the world. But it deuced and flamingo bob are inseparable the veterinarian came to bobs rescue when it flew into a hotel window and was seriously injured. They posted it there within 10 minutes i was in front of them like i am here for the flamingo and they were like who. Can no longer spread his left wing properly and his feet had to see if he would struggle to survive in the wild so it it took him in. When they asked me whos name i was like oh yes flamingo no
Up pressure. A big thing the marked is watching into the weekend, stimulus negotiations in washington they appear to be stalled with no breakthrough yet. But that could change. We have 59 minutes left of trade. We do sara, as i know you were equally with me on this, we also happy birthday wishes to closing bell and power legend bill grijive who shargri griffith who shares our birthday and mrs. Carl quintanilla. It goes on and on this great seventh of august. Popular day great day it is because of them, not us. Coming up on todays show, tensions ramp up between the u. S. And china, well speak with i ian bremmer and why a worldwide depression is coming plus, the weeks storm driven Power Outages have been a major headache for people working at home. But they gave a boost to a generator company. Well speak with the companys ceo in a few minutes lets focus on the big stories that were walking mike santoli is tracking a volatile market session. We have the latest developments on the stimulus