Earlier like they were headed to brand new record highs. Not so now. We do have the Dow Jones Industrials down 143 points. Ciscos poor earnings is pushing that index down. S p down 11. Nasdaq just higher by 19 points. Not the same at all for apple. Apple hitting yet another new high as it closes in on the 2 trillion market cap. News breaking of its new plan for subscribers to bundle the apple joy so which Companies Might want to dive for cover . We are taking a deep dive into the apple barrel, online contactless auto sales winning the race during the pandemic. Why are investors hitting the sell button on the hottest used car deals in cyberspace . We will ask the vroom ceo because hes here. And musicians still resorting to zoom with no live concerts and broadway still closed. But that does not pay the bills. Enter the chairman and ceo of the Recording Academy. The man behind the grammys. What hes doing now to help artists with their strings cut by the pandemic. Its a fox business exclus
Will see the 2020 democratic ticket on stage, together for the very first time. What well do then is take you live to wilmington delaware where former Vice President joe biden will kickoff his campaign with his new president ial runningmate, as Vice President , california senator Kamala Harris each step of the way, what were going to do for you in this final hour is watch the markets, sectors, stocks, commodities for tick by tick reaction. Check it here markets in rally mode for the most instant reaction right now while its tempting to focus on the really huge jump for the nasdac look at this were up 235. Folks the index to watch is the s p. It is now within lets call it just under two points from its first record close since february, the number to watch, 3,386 were at 3,384 and change right now. All right, for months wall street has been gaming just who joe biden might pick as a runningmate and kind of fretting over you who the markets would react. Lets get to one of the top voices o
Deal on a fifth coronavirus stimulus. Thats what charles and i were just talking about. Can they beat the clock before time runs out and 32 million americans unemployed are left with a loss. Speaking of wins and losses, the nfl bending to what appears to be a coordinated tweetstorm involving nfl allstars from jj watt to Patrick Mahomes who want to know the leagues Virus Testing plan. The social media blitz over the weekend and efforts to pressure the league to pull off a covid19 safety ahead of nfls kickoff. Jarvis green of the new England Patriots joins us on what the players really want and whether they will even get it. From the gridiron to the front lines, we have the publicly traded smart Glasses Company transforming how First Responders do their jobs. Paul travers on techs role in the covid19 fight and why new competition from, of all companies, apple, is not darkening his outlook. Plus the twitter hack heard round the world. What cybersecurity guru ping is doing to protect the i
Of trade, chinas biggest names, many of them trading on the almighty nasdaq, getting caught in the crossfire. Though it is americas tech titans that get quite a bit of credit for the nasdaq taking 2020 by storm, but could another stealth sector be poised to steal silicon valleys thunder on the techdominated index . Coming up, nasdaq ceo adina freeman here live on her exchange giants massive earnings beat and the stealth stocks that may deserve the credit for much of the win. And she is surely one of the many in the market who will be watching teslas latest look under the hood today. Could we see elons empire speed its way into one of the markets most exclusive clubs . We will tell you what that is. Plus sports, betting on americas pasttime. A new window into the clean energy future. And charlie breaks it. With less than an hour to the closing bell, lets start the claman countdown. Liz we have this report just crossing the financial times. Breaking news. A group led by General Atlantic
Limits on u. S. Portfolio flows into china by delisting companies here in the u. S. The nasdaq is down by more than a percent. Take a look at the chinese stocks alibaba sitting at session lows down by five and a quarter percent. Eamon has been following this story and joins us reporter my understanding is those reports that cross earlier today got the markets attention are accurate the white house is considering measures that would limit port po folio flows from the United States into the Chinese Companies but and theres a big caveat here. Its a lot of different ideas on the table. Its not clear when a decision would be made or what that decision would look like or what the mechanics of this would be how could this play out in theres one option already out there thats been under discussion thats a proposal for a number of senators. You see them here including senator marco rubio of florida called the equitiable act. What that would do if passed is allow u. S. Regulators to have access