Another day of dragged on stimulus talks, john. Intel not a small factor in the trade. When i think of volatile tech stocks, i tend not to think about intel. Look that two year chart ups and downs. Its like an obstacle course, a tough mudder or something. Last quarter, it was about the supply side and intels manufacturing. This quarter the surprise was more around demand and the extent to which enterprise and government just isnt buying in the data center. Cloud picking up the slack that has an impact on margins. Of course, we have the pc stuff going on which is largely a tail wind they havent for a long time but theyre not buying them in the enterprise as we would expect people are not in the workplace. People are adjusting the way they work. That does have an impact on intel. A lot of balls in the air here this volatility predated, bob swan particularly on that manufacturing side but now hes got all of these other things to deal with as well investors looking for clarity around what
This pandemic right now. Playing offense against covid19, where we stand against therapeutics, a vaccine and hospital care. Are we Getting Better at treating success patients . Plus around 80 million ballots already cast how will this massive vote, impact fierce and weather impact turnout on election day. Live from cnbc global headquarter, the fact, the truth, the news with Shepard Smith. Good evening with five days until the election, a fight for mustwin florida. President donald trump and joe biden holding rallies in tampa just hours apart nbc news marist poll out today show as tight race in florida, biden with a slight edge, 5147, but thats inside the margin of error and last months poll had them tied at 48. A live look at tampa here where biden is set to take the stage at any minute. Biden told supporters there today if florida goes blue, its over were covering both campaigns. And Kayla Tausche is following the story. Reporter President Donald Trump had people in blazing heat that
Because of course at 19. And unlike the hordes slipping away with time. Welcome to d. Day. Its good to have you with us and indian jewelry brand has pulled down about this month featuring an interfaith family after a massive backlash on social media the advertisement shows a muslim mother in law organizing a baby shower for her daughter in law opponents to the advertisement accuse the brand of promoting socalled love jihad it is a term used by right wing hindu groups in india who believe there is a conspiracy to convert hindu women to islam to manage a trip to user tweeted this video of the advertisement before it goes forward. You know. Jeffrey dont you worry. You. Know. Who with the job. Now the advertisement triggered shop responses on twitter like from this user who asked the company if it was promoting love jihad day or to do an ad of muslim daughter in law with hindu family use or went on to say famous bollywood actress going out on now its treated that as hindus we need to be ab
Certainly through the channel i mentioned. Thank you. Thanks for taking my question. Chairman powell, [ inaudible ] to the policy framework, is the fed open to other measures of the economy such as income inequality and affordability of housing . So we monitor everything we think is important in the u. S. Economy and in a broad sense, all of it goes into thinking about Monetary Policy. You mentioned inequality. You know, disparities in income and in Financial Wellbeing by various demographic and racial categories, something we monitor carefully, inequality which i would point to its a multifaceted thing but i would point to the relative stagnation of incomes for people at the lower end of the income spectrum and also lower mobility. So those are things that hold back our economy. They are. The thing is, we dont really have the tools to address those. We have Interest Rates and Bank Supervision and Financial Stability policy and things like that, but we cant get at those things through
The u. S. And china clash again, this time at the virtual u. N. Meeting. U. S. Futures are flat the moment. This after another volatile session. We had stocks rising. One mega cap rebounding. The s p 500 recovering from an early dip prompted by some comments coming from jay powell. Mnuchin spokery in congress today. The dollar touched a one month high. Look at what oil is doing at the moment. Wti is below 40. We are also looking ahead to the asian section. We are suspecting policy changes to come in the november Monetary Policy statement. Large parts of the market expecting the negative rate to take place in the First Quarter of next year. It looks like a modest start to the trading day. Cindy futures are looking positive. Watching the aussie and kiwi dollars. We saw the u. S. Dollar strengthening to the highest in five weeks in the overnight session. Repeating that the u. S. Economy needs more support and has a long road to travel before it will fully recover from the coronavirus fall