Look at the s p 500 at 2978, a 55point gain and there is the nasdaq the outperformer yet again, almost 2. 25 , 200 points, 9387 the nasdaq, not all that far away from last februarys highs, which our headliner says this hour is going to happen this year and not just the nasdaq so lets welcome in fund strats tom lee. He is joining us via skype tom, welcome back. Nice to see you again. Thanks for having me. Big call. How are we going to get there this year, tom you say 3450 is happening . Yes, and i think what really drives our view is that companies in the midst of the shutdown arent standing still you know, theyre reengineering their operations, learning how to be digital, run with fewer employees and less real estate so in 2021, as we exit this pandemic, theyre going to generate higher earnings on a lower level of sales and that means implied better pes. And thats why we get into july, stocks will start discounting that and were looking for new high hi highs. Youre looking for a vshape
Announcer please rise for the national anthem. O say can you see, by the light, what so hailed at thed twilights last gleaming . Whose broad stripes and bright fightthrough the perilous watchedhe ramparts we were so gallantly streaming . Glare, theketsred gave bursting in air, that ourough the night flag was still there. Does that starspangled oer the land of and the home of the brave [cheers and applause] thank you. [chanting usa] [singing in foreign language] [cheers and applause] good morning, houston. [cheers and applause] texas. Di good morning, good morning, america. [cheers and applause] p. M. Modi greetings to my fellow indians in india and around the world. [cheers and applause] this morning, we have a very special person with us. [cheers and applause] p. M. Modi he needs no introduction. [cheers and applause] p. M. Modi his name is familiar to every person on the planet. [cheers and applause] name comes up in almost every conversation in the politics. Lobal [cheers and applau
And a big show this morning, joining the conversation this morning, Fox Business Network dagen mcdowell, founder and ceo and columnist for the hill Fox News Contributor liz peek, we have so much to discuss, right to top story this hour and thats democratic debate, 2020 hopefuls taking the stage in texas pressing views on widerange of issues, Hillary Vaughn has more now, shes in houston, hillary. Maria, Vice President joe biden went on offense last night calling out other candidates by name challenging their ideas, really trying to play the voice of reason against progressive policies promoted by candidate Bernie Sanders and senator Elizabeth Warren, biden challenged both of them over the cost of their medicare for all plans, he also sparred with former hud secretary Julian Castro whether or not which person is better fulfilling obamas legacy and also took on senator harris and congressman beto orourke over gun control. My friends, the employers are going to give you back if you negotia
Overbudget, according to latest figures. Please pray for us. Hurricane dorian claims at least five lives in the bahamas and causes widespread devastation the Prime Minister calls it an historic tragedy. Susan powell has the weather. We will be taking a closer look at why this key 24 hour period on the satellite sequence really tells of the massive impact dorian is having on the bahamas and a look at what is ahead in the uk, as well. Gavin has the sport. One change for england ahead of the fourth ashes test match against australia tomorrow, Craig Overton comes in in place of chris woakes as england look to take the lead in the series at old trafford. Hello and welcome to westminster, where the Prime Minister is facing a showdown with mps who are trying to block britain leaving the eu without a deal. Conservative backbenchers are joining forces with opposition parties to try to take control of parliament. They want to force Boris Johnson to ask brussels to delay britains exit again, if a
Gets back to normal. Four people murdered in Santa Clara County ending an hours long standoff in san jose. Im emily turner. And im michelle griego. This happened near the lagos golf course, jackie ward tells us reporter the people live around here were finally allowed back into their homes early this morning as Police Continue to investigate how four people were killed last night. Police say when they arrived to san jose around 8 40 last night, several family members were running away from a home. Police learned two people, a man and a woman, had been shot. They were both taken to the hospital where they later died. Police say two other women and the shooter were still unaccounted for. They used flash bangs. Police entered the home and found two women and the suspect dead from one gunshot wound. Mario libed had just returned home from a hawaiian vacation and was taking his dog out when he heard the gunshots. They said stay off the street. Go inside. Reporter jacob lopez lives across th