It today here is how things look now. We are in the green. Look at the small cap stocks the russell 2000 we are still coming off four down weeks for stocks. A pretty louse si month. Now, the s p 500 is on pace for its best two day gain since all the way back in june did you follow that kate moore w were in a four week down street were on our best two day stretch since back in june bp the volatile till has really grown. What are you expecting ahead im told theres an election in 36 days. Is it just 36 days . It feels like its going to be any moment at this point we have this down market there is will the of consolidation and profit taking, rotation in terms of participation over the last couple of weeks. The big point and message is tlauls v theres always volatility before an election. In a year like this where we have so many cross currents between the virus. Questions around Economic Activity relationships with other countries. Theres so much for an investor whether it needs to be reta
World and its not necessarily a disaster or risk for the market, that is collective and i thought i would pass it along. We will be looking at the mail about it under ballot situation, and new theory being pushed that sends more democrats seem to be voting by mail, you could have a situation where on election day itself since republicans tend to favor voting in person the early results on election day could favor donald trump and then the mail and results which take a little bit more time to tabulate in places like pennsylvania delayed up to six days, you dont have a clear winner because neither side is budging, its kind of an interesting conundrum, particular in the bottle around states, we will be monitoring that we also have the ceo with us, that is a very, very popular means by which i would just say everybodys taken advantage with airports in a beach traffic and all of that. , blake is doing okay through all of that, we will follow that as well. In the meantime the dow is about 32
As a matter of fact. As it closes it is closing lower, dragged down by renewed weakness today in the big tech stocks. Also energy was weak. So all of that, we will have in detail for you. The dow down about 400 points. Welcome to the show, everybody, im connell mcshane. Melissa wow. That was quite a press conference there. Im Melissa Francis and this is after the bell. The dow and the s p 500 closing down more than 1 after the biggest rally in at least two months. The tech selloff pushing the nasdaq deeper into the red after its largest gain since april. We have a lot of news to get to today. Fox Business Team coverage to cover it. Lauren simonetti following the markets. Blake burman is live at the white house. Hillary vaughn has latest on covid relief package. Kick it off with you, blake where all the action is now. Reporter we saw President Trump here as the closing bell hit and the topic again was tapes and conversations that the president had, 18 conversations, nine hours worth wit
You remember that . Joe was willing to sacrifice american lives to placate the radical left open border extremists, and we saved tens of thousands of lives, probably hundreds of thousands of lives, and we saved millions of lives by doing the closing and now the opening the way we did it. Joes decision to publicly attack the china ban proved he lacks the character or intelligence or instinct to do what is right. Lou biden, the radical dems, the rinos and the leftwing National Media have exploded over Bob Woodwards new book. Woodward reporting President Trump intentionally downplayed the china virus in the earliest stages of what later would be a pandemic. And a deadly one. President trump addressed woodwards claims head on today, and in the process smacked down abcs illmanneredded, disrespectful jonathan carl. Why did you lie to the American People, and why should we trust what up to say now . Thats a terrible question and the phraseology, i didnt lie. What i said is we have to be calm,
As the original aid package and agreement expires. There is talk of the stimulus plan, the environment for them does not look good. Well go live to a number of national airports. Linear air, big in the private arena. They have and all tern tiff for you. They say business is booming. President will be out to new jersey, a fundraising event at his club. He will be whisked back to the white house. Republicans and democrats are pulling out all stops to raise as much money as they possibly can. Back to the stimulus measure. What we can make of it as it comes to pass, not that long ago, a lot of people were worried about the government shutting down and wouldnt come together in an agreement to keep government lights on. At the last minute they cobbled together something. The president signed off on late last night. There is no government shutdown. For the naysayers out there, assuming all the worse when it comes to stimulus, maybe not. Chad what are you hearing . Reporter let me be very clea