London. We had that surprising news, a lot of it on how it could up into the markets Going Forward into the november 3 election day. Now, we still know very little about the symptoms, if any, that President Trump has, so that gives us a little indication of what will happen next. I suppose we could see him stop campaigning for the next two weeks if not longer. It could also have an implication for the ballot if something were to escalate. Canpean stocks down, you see s p futures also down, and then vix, one of the measures we look at for volatility, is gaining as the market trying to recalibrate exactly what that means. Now lets get more on the markets with dani burger. Hi, dani. Dani good morning, francine. We see this reaction starting with a gut punch, starting to bleed into the red for the rest of the day. Yes, u. S. Futures are lower, but interestingly, what is doing worse right now are russian assets. The russian stock index down more than 2 , the ruble down more than 1 . Yesterd
Confederates. Hosted by historical park, this is about one hour. All right. Speaking of our speakers. We are very privileged to have bill blair with us this evening. Bill is the walter l and helen p fareed professor of middle American History at pen state university. It has one of the best faculties in the country dealing with the civil war era. There are a number of bills colleagues who are wellknown. Phil is right at the top of that list as a teacher at penn state. He received all of his degrees as bachelor, master and ph. D. At pence tate university. I first met bill 20 years ago when he wasnt an academic. Bill was a newspaper editor i believe. After having a career in newspapers and journalism, he decided he wanted to devote his life to teaching and studying history. We are all the better for it. He is the author of many books. I just want to mention a couple. With malice towards some. Thats his latest book published in 2014. Virginias private war, which is a wonderful book. Cities
Ginsburg made the political picture in washington significantly more complicated with some analysts saying the odds of another round of stimulus before the election falling sharply. Bank stocks are getting crushed today as well amid new report about major firms dealing in suspicious funds well have more on that in just a bit. We have 59 munz left left to goy volatile session still make for the worst day in a while. Percentage terms, were down 2. 2 as we stand ahead will be all over the selloff in the final hour of trade. Billionaire investor Mike Novogratz will join us with his take on todays plunge and whether he is buying any of the dips after three straight lease losing weeks and well speak with john kerry in an exclusive interview. Well get his take on the Supreme Court, on stimulus, on the election and that final month run in of campaigning which, of course, he knows so much about lets focus in on the big stories were watching on a very busy day of news mike san toll toli is track
One of the great men of American Business will join us following the nfl teams first time back oen field without fans but players bringing attention to social justice around the country. Power lunch starts right now guess were together but separate, once again welcome to power lunch. Billions of dollars of deals on wall street today. For 20 billion, gilead adding to its cancer fighting portfolio. Its basically doubled next up for 40 billion, the biggest chip deal ever, nvidia buying arm holdings which designs chips. Up 8 and finally not quite a deal yet oracle betting to be Technical Partner in the u. S. September 20th deadline. Oracle shares up 5 on the news. Well have all of this back over to you all those big deals on wall street helping the comeback rally in stocks. After two down weeks in a row. We havent seen that in a long time jim paulson joins us now is your time to buy the dip. Welcome. Good to see you. You see the marriage between wall street and main street looks as strong
Woodward in march this was terribly deadly and contagious at the same time he was saying to the rest of us do not worry so much. Jeanne this is not the conversation the president wants to be having. Any top of the pandemic does not work for him politically. This is not what the campaign wants to be talking about. More importantly, we have a president on the record admitting he knows how devastating and deadly this is, and many months later you have 190,000 americans dead, many of whom have been sick and ill as a result of this, and you had the president , months after he told bob woodward how bad this was inviting people to places like tulsa and saying you do not have to worry about safety protocol, you do not have to worry about masking, you do not have to worry about social distancing. This is being drummed up by people who want to get me. When he is on the record with bob woodward he is saying the opposite. The president and his team have to explain why he is saying one thing privat