Workers of an annual cost of a billion dollars and thats why the stock is down. Down 1. 6 . Tesla, the stock thats going straight up and it has nothing to do with the virus. Tesla, 500 index meaning a lot of Money Managers have to buy the stock so up it goes and by the way the gain of 53 13 makes elon musk the third richest person in the world. Overall, the market is in a mild selloff mode. Dow jones closing and 29950. Its retreating a bit. S p down about 25, nasdaq a slight gain. A big tech is doing okay. We are in creeping lockdown mode and thats the problem for the markets as many states and cities imposing new restrictions as virus cases arise. Wear a mask in north dakota, utah. No Indoor Dining in california, michigan and in philadelphia, no indoor football watching parties. My opinion, thanksgiving next week, confrontation is coming. Who will enforce limits on your thanksgiving celebration . Where does president elect joe biden the stand, lockdown joe, where does he stand . Hes n
President trump under growing pressure from his own party to wear a mask. The issue now front and center in the race for the white house. Mr. President , this is not about you. Its about the health and wellbeing of the american public. Everyone needs to wear a mask in public. Joe biden saying the commander in chief has surrendered to coronavirus. This as the president presses on with his fourth of July Celebration. Thousands expected at mount rushmore, but social distancing will not be enforced. Trail of cash. A military official tells abc that the first information about the russian bounty plot came from special ops raids on taliban locations. Large amounts of American Cash found during those january raids. The white house now says the president was briefed on the plot. Lawmakers from both sides of the aisle and the families of troops killed in combat and afghanistan pushing for answers. Beach battle. The summer surge prompting some of the most famous beaches across the country to shu
Fauci says we are headed in the right direction. Every day this seems to be a record of number of deaths. At the same time we see the increase in deaths we are seeing rather dramatic decrease in the need for hospitalization, that is going in the right direction. I say that and i always remind myself when i say that, that means what we are doing is working. Therefore we need to continue to do it. Ashley what we are doing is working says Anthony Fauci, voters seem to like how the president is handling the crisis. His Approval Rating hitting a high of 49 in the latest poll and by the way he has tied joe biden in the president ial race. Just last month he trailed biden in the same poll by nine points. Still there is work to do in america remains worried about their money in 79 say they all worry that the virus will lead to Economic Hardship for the family. The Chip Administration still targeting the reopening of the economy and for 8 weeks and heres what Vice President mike pence says need
Economy some more and the dow will hit, wait for it, 32,000 this year. Thats optimism. Were at 29,000 right now. Then theres this, the New York Times issues its endorsement for the democrats nominee. The times is the bible of the Democrat Party and they split their decision. Theyve endorsed Amy Klobuchar and Elizabeth Warren. This is fascinating. Not biden, not bernie, not the former mayor of new york, bloomberg, no, left and far left is the times choice. Later today, the president flies off to the global elite get together known as davos. Picture this, please, the president fresh off trade wins and a growing prosperous economy, addressing over there while the trump haters over here try to impeach him. Im not keen on the expression but you cant make it up. Varney company the tenth Anniversary Edition is about to begin. Stuart watch out. Situation, step aside. I dont have tattoos and i wear a baseball cap the right way around but im going to fit right in, google. Weather, new york today
Impeachment with Speaker Pelosis commemorative goldembossed signing pens, the solemn march as the articles are walked over to the senate, that whole charade breathlessly covered by the trumphating media, wall to wall coverage for all of that but very little for this. The china trade deal, historic event, redefining the way trade deals are negotiated and structured. That was a big plus for america. And thursday, virtually no coverage for usmca, another trade deal that helps our economy. In fact, none of the three broadcast Networks Even mentioned it. And politicos first headline, major win for trump, that really changed fast to Senate Passes usmca, much work remains. Can you believe this . We are very glad that you are watching us. So look at this. More stock market records are acoming. Big Companies Reporting solid profits and we appear to be in a meltup mode again. The dow is up, what, 270 yesterday, closing just shy of 29,300. Any gain at the opening bell today means another record.