3386 is the number to watch for that s p 500 record close. 59 minutes until the close we have a big show coming up to day the s p 500 makes yet another run at that record close bob doll will tell us why he is expecting the economic recovery to be more choppy. And why hes cautious in the short term plus, gaming the impact of the dnc. Well speak with a policy expert who says this weeks Democratic National convention could be a negative for the market even though its happening virtually. Right now, were going to focus in on the big stories were watching to day. Bob pisani is tracking to days action we have the latest on growing tensions with china. And joining us with his outlook for stocks is tony dwyer bob, start us off with the Broader Market whats going on behind the scenes and whether you think we could see that record s p 500 close today. When you get this close within less than 1 he , you usuy can get over it. Were still not there. 3386 as you heard before is the old closing high t
A situation where some of them have been accused of misusing their offices in terms of the. Of those offices so and so forth. To trump state a promise to drain the swamp if you will i dont think you drained it i think you moved it into the white house so it ingrain a swamp and does move didnt. I think every politician has probably abused their office. Why dont we totally drain the swamp playing up. Why are we the people more actively involved. Major contributions so far has to completely devalue the idea of regulatory oversight. Department of education or scott pruitt. These people who are essentially trying to dismantle gun. Im an oversight from within the e. P. A. Is regulators people that have jumps on hundreds of thousands and then you add to it smudges live gambits like the tax cut like this recent Bank Lobbyist impartial repeal of the dot frank act theyve been on their wish list for ages the stuff of thousands tens of thousands of lobbyist essentially are writing the legislation
Before they have procedural votes. Bottom line i do not expect any rapid action on this with the house dead set opposed to whatever the senate will come with, even if Mitch Mcconnell gets the votes he needs ultimately to get this through. Nfl football returns. Thursday night football tonight. All eyes on the kansas city chiefs, houston texans. The stadium can hold 76,000 people im told. It is going to be at 22 of capacity, so 15,000 folks in the stands. What is odd, there will not be mascot the or cheerleaders. It will be very thin population on the ground besides players and coaches. It might seem a little weird but football is on. Well look at potential impact what we might be seeing and might not be seeing. Meanwhile politics is it still on. The president plans to visit michigan today, a battleground state he won by little more than 10,000. Polls are tightening. Blake burman. Reporter six president ial, President Trump flipped it around by slimmest of margin,. 2 . Joe biden is leadi
Couch the people built this cut at its the people who are making America Great again. The clintons and the obama was all oh they talked about families and children and justice and so on maintained these rights for corporations promoted the right of their companies to do whatever they want to around the world in a strange way it was those who might oppose trump right now who set the stage for him to be elected it was the very policies that hold out north america i mean we created huge pockets of poverty weve never had in 100 years the same difference between rich and poor the the class differences incredible they set the stage for a savior obama was supposed to be that savior and he wasnt and what happens after a savior fails you you look to something very different they set the table in my opinion for dont. Success do you find this contradictory in any way to the. A cabinet full of millionaires a situation where some of them have been accused of misusing their offices in terms of the u
Becky is off we have a lot to get to. The s p 500 flirting with the new record high. Closing seven points lower futures pointing to a pull back the dow looks like it is off nasdaq off about nine points showing you stocks in europe also under pressure talking about why this would be. Closer to 2 in britain. And treasury yields look at the note looking at. 696. We are starting to see in covid cases pick back up in europe, which may impact here. Well try to talk to dr. Scott gottlieb about that. Fortnite maker epic games taking on apple and google over what it calls anticompetitive behavior giving users a discount and cutting out the e map services which cuts out the ability to take a 30 cut from sales. New users will not be able to download the game and existing users wont be able to download any updates. Google followed the lead and removed the game from the app store and was also hit with a lawsuit. The feature was not reviewed they did it with the express intent of violating the guide