It is an external nearly day for earnings in the u. S. Busy day forly earnings in the u. S. All three major averages at records. A lot of that has to do with earnings. Take a look at the groups on the move. Its not just earnings. We are seeing a rally in commodities today. Copper near a twoyear high, Oil Prices Moving higher, energy and materials the two bestperforming groups today. Also some earnings and materials helping things. Financials are higher today as well. We are seeing yields rebound. Simmer discretionary stocks also getting a pop. On the downside, we have a decline in health care stocks. It has something to do with washington, uncertainty over the debate. Here, part of the story is earnings. The hospital operator coming up with earnings that missed estimates. The company cutting its fullyear forecast. Analysts expecting concerns about patient volume at that company. Is also concern about what will be the outcome of the health care debate. Whether be a cut to medicaid fundi
It is an external nearly day for earnings in the u. S. Busy day forly earnings in the u. S. All three major averages at records. A lot of that has to do with earnings. Take a look at the groups on the move. Its not just earnings. We are seeing a rally in commodities today. Copper near a twoyear high, Oil Prices Moving higher, energy and materials the two bestperforming groups today. Also some earnings and materials helping things. Financials are higher today as well. We are seeing yields rebound. Simmer discretionary stocks also getting a pop. On the downside, we have a decline in health care stocks. It has something to do with washington, uncertainty over the debate. Here, part of the story is earnings. The hospital operator coming up with earnings that missed estimates. The company cutting its fullyear forecast. Analysts expecting concerns about patient volume at that company. Is also concern about what will be the outcome of the health care debate. Whether be a cut to medicaid fundi
Right . And thats what were going to do. Were going to fill the seat. The people of this nation are choosing their future right now as they vote. To jam this nomination through the senate is just an exercise in raw political power. I dont believe the people of this nation will stand for it. Lets go straight to nbcs Peter Alexander live at the white house. And Shaquille Brewster following the Biden Campaign in eastern wisconsin. Peter, where do things stand in terms of strategy from this white house . Its a good question. We got a lot of this from the president just moments ago. He said that he wants that he expects to deliver his announcement for a Supreme Court nomination on friday or saturday. It was notable he said that because only moments earlier we heard from his press secretary saying it was coming by wednesday. Its not clear the white house has its strategy together on all of this. He wants the senate to confirm that pick before the election. He said, among other things, it wou
two reporters with us, one from the l.a. times and one from the politico. lisa has the first question. go ahead. the countdown towards the holidays, the payroll tax extension and not getting this through before the holidays. what do you think? four times this has happened. what do you think? taking a tool hundred $60 billion wack at the social security trust fund. under the republican bill, which theoretically pays for it, it takes until 2018 to recover the losses of social security. under the democratic bill, with the political millionaire s tax, it takes until 2021. that is three presidential terms from now, just to make up the one-year debt visit to the social security trust fund. social security is already running in the red. 10,000 americans qualify each day with the retirement of the baby boom. this would increase losses to the social security trust fund by 20 times, and the replacement that put in the trust fund, because under this law, you would not be contribut