Its at the 27,000 level, up from 18,000 in march. Check your 401 k and smile. Whats going on here . Well, first theres a lot of talk about congress adding to the president s virus aid. The democrats made a big mistake walking away from mr. Trump from any deal, allowing the president to jump right in. Wall street would love another trillion or two of stimulus. Here we go. Can you believe this. Putin says russia has a vaccine. They have not finished Clinical Trials but his daughter has taken it. Im a skeptic. When the news broke, it did lift stock prices. We will tell you all we know. I do know this. Tim cook is a billionaire. He owns a chunk of the most valuable company in the world. Bernie sanders might not approve but i think its good to see a brilliant executive join the billionaires club. He and apple are wildly successful. All right. Look whats coming up. Maybe joe bidens choice for Vice President , maybe today. Hes boxed himself into an identity politics corner. A prediction that
The market, this is called a rally. Investors want that mini china deal and now it looks like they may get it. Stocks are going straight up. Look at this. The dow up about 1 , 250 points. The s p up about 1 , 27 points. The nasdaq, up better than 1 , up 78. That is a rally. We are also covering this. Violence and intimidation outside the trump rally in minneapolis last night. Oh, it was ugly. The trump haters attacked the police and Trump Supporters. Senator tim scott said people across the country are quote, consistently being intimidated. Watching what happened last night, senator scott said it sickens my stomach. Yeah. Theres a lot going on today. We are going to cover it all. Varney company is about to begin. Stuart happening overnight, a rocket attack on an Iranian Oil Tanker. It was near the saudi port city of jeda. Lauren, what happened . Lauren you had an iranian tanker attacked maybe by two missiles, caused a fire, oil leaked into the red sea. This was 60 miles from that Saudi
Dark about those allimportant trade talks with china. Top level negotiations start now. Where are they going, we dont know. But we can tell you that apple has removed an app which had been used to track the movement of Police Forces in hong kong. We can tell you that nba events in china have been disrupted because chinas bullying american basketball teams. And we can tell you that after being dropped in china for supporting hong kong protesters, south park has fired back with an obscenity. We can also tell you that todays market activity hinges almost entirely on any headline that emerges from the trade talks. In the absence of any hard news, its a virtual stalemate. The dow is going to be down maybe 30. Two down for the s p, maybe five points lower for the nasdaq. I will call that a standoff. Heres the stock of the day and its a big winner. Bed, bath beyond is up 19 free market. They have hired a top guy from target to turn around the ailing bed, bath beyond. Looks like that could be
Quarters of any publicly traded company and it lost 5 billion. The ceo says 2019 will be the worst year the losses, he says, will come down in 2021 look at that stock, down 8. 5 below 40 a share. Interest rates, the yield on the 10year treasury is 1. 69 , this is the worlds bench mash Interest Rate, and is this week s volatility, thats disruptive Financial Markets worldwide 169 right now. Here is the good news, rapidly falling Mortgage Rates you can get a 30year fixed Rate Home Loan for 3. 6 . Youre going to see a lot of refinancing action, and in a moment, youre going to see whats happening to Mortgage Rates in denmark. Okay, okay, okay, i know youre not likely to be buying a home there but when you see the rates , you might want to get into that market. Then theres joe biden, gas machine. Two of them. First, he said, poor kids are just as bright as white kids. Then he said, we choose truth over facts. [laughter] today is at the iowa state fair, every democrat will be hoping he doesnt
Tuesday morning, down another 400 points yesterday. The dow will drop a little bit more at the opening bell today, down maybe 60 points. With the s p and nasdaq also moving down. It is a down day. With this volatility, however, who knows how we are going to close. The president leaves for pennsylvania later this morning. Hes talking energy. Pennsylvania allows fracking which helps america become independent. Neighboring new york does not. When he leaves the white house in the 11 00 hour, he may speak to reporters. You will hear what he has to say. Are you just a little worried about your 401 k . Yeah . Stay there, please. Advice for investors coming up. Varney company is about to begin. Stuart just getting this. President trump tweeting on china. Here it is. Through massive devaluation of their currency and pumping vast sums of money into their system, the tens of billions of dollars that the u. S. Is receiving is a gift from china. Prices not up, no inflation, farmers getting more tha