Good thursday morning, welcome to squawk alley. Stocks did take a leg lower at the open the s p bounced right off of the 50 day well watch that closely but were off of the low levels of the early session. Here is the president yesterday on oracles deal with bite dance stands you said it was important that a u. S. Company buy tiktok. Were going to find out about that were looking at that from the standpoint of bitedance. We dont like that conceptually we dont like that. That has not been told to me yet. That has been reported but not told to me speaking of reporting, david faber has more of that for us. Not a lot of insight on that key question siting a source close to the deal, the conversations, that have been ongoing for awhile now. The president is most likely to make a decision in the next 24 to 36 hours. Not likely today, but prior to the weekend, im told, by someone familiar with the situation that he will make a decision as to the future ownership of tiktok here in the united st
People will choose shopping online, if they do any shopping at all. Obviously target is ready. Bracing itself for what could be big crowds. They see something a lot of economists, for example, do not. Were keeping a close eye on that. Push, pull, obviously on the jobs front. You heard about claims, still below 900,000. They did hit week over week. One of the things barometer of continuing claims, they fell by 167,000 to bring us to about 12. 6 million. Surprisingly good news on new home sales, jumped 4. , to 14 year high. Those are things are sort of whipsawing markets. Were following the law and order issue very, very closely. Again, keeping an eye on louisville and talks of further protests across the country over that Breonna Taylor case and a grand jury not personally faulting any of the officers for her direct killing although one for sloppy behavior. Well get into that. Because it led to protests in the likes of atlanta, new york city, a host of other places. And more on Governor
University, so you dont learn all the tough lessons of trading the hard way. President trump pushing republicans to do a bigger stimulus pack on toe help struggling families to help boost the economy. Will lawmakers listen . I will ask senator kevin cramer coming up. All that and much more own making money. Charles oops, it happened again. Yesterday the market surged as the Federal Reserve wrapped up. From would be whether wobbly to fullblown swoon. In this is not the first time it played out. When there are more winners than losers, happies because of the waiting system but it often triggers more selling and cause investors to sit on their hands. How do you buy stocks when the overall market is down but not really down . Ipo mania. Everyone is asking is it sucking some of the oxygen out of the rest of the market . The singlefamily housing boom, does it continue or too late to leverage your portfolio to this phenomena. We have a lot to cover. I want to bring in jared levy, paul schatz
Lets get papers from 10 years, every paper, every deal he has ever signed. Maybe we can find where some lawyer made a mistake where they didnt dot an i, where they didnt put a comma down someplace. Then we can do something. This is a disgrace. This should never ever be allowed to happen again. Thank you very much. Reporter mr. President on the russian opposition leader, hospitalized they think he was poisoned. Is that the u. S. Governments determination . President trump we havent seen it yet. Were looking at it. Mike will be reporting to me soon. Okay . Thank you very much, everybody. Neil weve been monitoring the president of the United States. He made news of a lot of issues directly responding to the judge to dismissed the trump efforts to block manhattan Districts Attorneys Office from financial records dating back to the days he with as businessman. The president termed that a fishing expedition. Pretty clear he will not turn over anything right now as this appeal process goes on
19 years, fears thing, fears now, im neil cavuto, lets get the very latest on the significance on this day, not on anyone who are alive and remember quite well those who lived on the new york metropolitan area and washington, d. C. Orienting still pennsylvania, hillary bond with the later on some very special visits today. Neil the president says 19 years ago today when the men and women on board united flight 93 charged the cockpit causing the plane to nosedive into a field here in shanksville pennsylvania, it was a show of courage by Everyday Americans that took down terrorist save in the u. S. Capital and also sent a message to the world, america ih fighting for and defending until the very last breath. Flight 93 did the most american of things, they took a vote and then they acted. Together they charged the cockpit, they confronted the pure evil and in their last act on this earth, they saved our capital in this pennsylvania field, the 40 intrepid souls of flight 93 died as true he