Slightly as the drugmaker did say it will seek that approval for an emergency use for its vaccine by late november. As carl mentioned, wall street looking to snap a threeday losing streak. September retail sales delivering a big beat. Futures up this morning. Carl david and leslie, a couple of things working in the bulls favor today. Three days down. A little bit of room to bounce back on the upside, david. But futures were slightly negative, then we got that open letter from pfizer, saying that we could be looking at potentially a request for an eua by mid to late november and retail sales with that blowout number for the month and year on year the figures, david, reflect a consumer that has put together a nest egg during the course of the summer, and that is continuing to provide some momentum for the consumer. It is funny, i go back to that interview i did with david berman of maybe six weeks ago already, but somebody who tracks retail sales, more closely perhaps than anyone. And in
Todays hearing on had committee of Small Business and entrepreneurship will come to order, and i want to thank everyone for joining us here today. I want to thank you both for being here though far away. And all the members for being here today. This is our first opportunity to hear from both of you about the enactment of the cares act in particular as it applies to Small Business. The cares act is landmark legislation. In less than 2 Weeks Congress passed the largest Economic Relief package in our nations history. And now after the passage of two further reforms the Paycheck Protection Program is the largest component of the Economic Relief enact by the cares act. Opthat point i just want to say a couple of things. First of all, it was the extraordinary work of many people, staff, of course worked tirelessly to make this possible. The partnership we had from both the sba and the treasury was extraordinary. Members on this committee, every single one participated. Obviously the leaders
Big driver bedo yo behind the ds apple, stock hit alltime high after beating expectations. Apple said it sold more iphones than expected and hinted there could be a new model on the way in 4th quarter. Then tesla shares, they had a good week, company reporting better than expected results, consider consider musk expressing confidence in companys ability to meet product deshand fo demand for me tesla. Then jobs report out on friday morning, economy job adds beating most expectations. In washington, this week, a high level white house staffer, was shown the door. Anthony scaramucci was removed by new chief of staff john kelly, this move days after scaramucci spoke on record to a new yorker reporter about former chief of staff Reince Priebus and white house chief strag igit bannon with colorful language. President trump on the road this week, speaking in West Virginia, a rally, where the governor of West Virginia announced he would become a republican. Stock market reached another alltime
Big driver bedo yo behind the ds apple, stock hit alltime high after beating expectations. Apple said it sold more iphones than expected and hinted there could be a new model on the way in 4th quarter. Then tesla shares, they had a good week, company reporting better than expected results, consider consider musk expressing confidence in companys ability to meet product deshand fo demand for me tesla. Then jobs report out on friday morning, economy job adds beating most expectations. In washington, this week, a high level white house staffer, was shown the door. Anthony scaramucci was removed by new chief of staff john kelly, this move days after scaramucci spoke on record to a new yorker reporter about former chief of staff Reince Priebus and white house chief strag igit bannon with colorful language. President trump on the road this week, speaking in West Virginia, a rally, where the governor of West Virginia announced he would become a republican. Stock market reached another alltime
Get into my car and, brian, i need a few more days until we get ready for this days power lunch. We dont have the luxury. Welcome, everybody. Power lunch sails on at 1 00 p. M. Eastern every day. Im tyler mathisen. Stocks lower now, but holding steady, off about 42 points on the dow. Four, almost five for the nasdaq. And 3. 75 for the s p 500. Energy, the worst performing sector. Telecom and utilities at the top of the charts right now. Earnings the big focus this week. It is a big week of them for investors, ton of big names set to report. And two at sort of either end of the technology spectrum. Netflix, video, obvious, new media, and ibm, old tech. Theyre out after the bell today. Check out those stocks ahead of the numbers. Netflix down about 1. 5 . Ibm, basically flat. Seema . Hello, tyler. Im seema mody. Here is what else is happening at this hour. Americans hitting the road, the Transportation Department says motorists logged 285 million miles on u. S. Roads in august. Thats the