Selloff. The dow industrials down 36 points, nasdaq up 61 and s p higher by 3 and a quarter. This as we await testimony from treasury secretary Steven Mnuchin and Federal Reserve chairman jay powell today, both on capitol hill later today. This follows a huge selloff yesterday sparked by an open Supreme Court seat and impact of it on the ledge Kellyanne Conway slalegislative agenda. Dow indusn 500 points, nasdaq lower by 14 and s p lower by 38. The state of our cities, the department of justice naming three major cities anarchist jurisdictions that could lose federal funding due to ongoing unrest. Rudy giuliani is back with us with his take on all of this. Then, fine on the field, nfl handing out massive fines for mask violations, all the numbers coming up this morning. Women and wellness, how some are expanding business while keeping their cool in the era of coronavirus. Super model Kathy Ireland is here with lifestyle tips you dont want to yo miss. Mornings with maria is live right n
World. Good morning, everyone im david asman and for stuart entere. A second virus wave in your, that continues to weigh on investors minds today but there are hopeful signs as you can see green on the screen, meanwhile big tech is trading in the green, amazon is seeing the biggest premarket pop, they just got an upgrade from bernstein to outperform maintaining the 3400 price target, amazing, battery day for tesla which continues to plow ahead, its awful little bit and premarket activity but elon musk say we will see the new product announced until a serious highvolume, until 2022, thats when the new battery will be coming out, the market is waiting on that, and politics versus the Supreme Court, still in focus, trump met with Amy Coney Barrett on monday, multiple sources telling fox news that she is the front runner to succeed Justice Ginsburg. Senate judiciary chairman telling Lindsey Graham and sean hannity that republicans have enough votes to confirm a replacement, today we hear f
A row of losses for both the s p and the nasdaq. That is the longest losing streak weve seen there in seven months. So with all of that, a a lot to get through. A lot of angles. Fox Business Team coverage. Blake burman is at the white house. The president will be moving shortly we think. Gerri willis following the Market Action for us. Gerri, lets start with you. Reporter yeah, lets start right here. Yeah, big selloff today. Many, many, worries, stimulus, virus, political uncertainty. Money laundering among the banks a lot going on. Let me make you feel good about the selloff, originally the dow was down 942 points. Obviously correcting in the last few minutes in the afternoon, doing better indeed. That is good news. The s p flirted with correction territory. Didnt get there. So that is good news, finishing much better than expected. The nasdaq real turn around for the index down 14 point as after being down as much as 273 points. So it has been a major turn around for this market a hu
And demand sanctions against president Alexander Lukashenko. Donald trump says hell announce his nominee to replace Ruth Bader Ginsburg in the Supreme Court by saturday. And the global death toll from covert 90 nears 1000000 as government struggle to control the outbreak. Im sorry hire some have all the sports know about jock which makes history in rome the serbian wins the italian open to see a record 36 masters 1000 title. Follow u. S. Secretary of states mike pompei or has announced a raft of new sanctions on those involved in irans Defense Sectors 27 entities and individuals have been hits with new measures including the Iranian Defense ministry or by us also announced sanctions on the venezuelan president Nicolas Maduro hes built a close relationship with terror on us as warm that anyone connected to the sale or transfer of conventional weapons to iran will face sanctions just imagine what iran would be therefore able to freely purchase more advanced weapons we have no intention o
Weve been doing very good with the china virus. A big spike in europe as you know, uk in particular. Im sure they will have that under control, hopefully soon, but we are in very good shape the vaccines are coming along i just got a report the vaccines are coming along rapidly. Therapeutics are coming along very well and we will see what happens, too bad about. Europe too bad. inaudible i would say on friday or saturday i will be announcing the pick. Five women are being looked at and vetted very carefully. Royal five and we will make a decision. Probably saturday but friday or saturday. Yeah i well. During this period and time. I dont know, i doubt it. We will meet with a few probably. Have you talked to any of the inaudible i have, i have, today and yesterday. And before. Id much rather have a vote before the election. Theres a lot of work to be done. And much rather have it. We have plenty of time to do. It is really a lot of time. Lets say i make the announcement on saturday, there