Robots to assist in social distancing well talk to the president of George Mason University about that schools hightech Higher Education plan power lunch starts right now thank you. Lets take a look at where we stand with the markets at this hour the dow and the s p are on track for their first weekly declines in a month its now down for the second week in a row. Down another 92 points today big piece of that, check out apple down again today now down about 4 for the week the stock is still up 90 from its 52week low. Its been a rough slog for apple. The bioteches are weighing os the nasdaq you can see the two themes playing out now as we look to close out the week health care and technology, the underperformers today. Theres only one sector in the green. Its Consumer Discretionary and just by a hair tyler. Thank you. Lets send it over now to kayla for news about the other story that is driving the markets today and that is those rising tensions between United States and china. Kay kayl
Going. Well start off with game called market jeopardy the final market jeopardy answer tonight, the most important event for the markets next week. Now, remember, the rule is you have to phrase your response in the form of a question or it might not count. The stakes are high here bk, set the tone. Ill set the tone, alex how do i play this game . I just blurt out an answer i say whats the most important thing . Yes thats how it works. Have you not seen jeopardy. What . No i mean, i havent seen it in a while. Im more of a wheel of fortune guy. Its a lot easier game what is the stimulus bill . That is my answer, melissa ill tell you why. I think a lot of people are kind of writing that off, okay, were getting this back and forth, this is how the sausage is made. Ultimately theyre going to come to an agreement. Theres not much incentive for democrats to come to an agreement on this given this Election Year. That could be the wildcard in this. What happens if we dont get a stimulus bill,
This is what they came up with me and you, buddy. Just us. Just us most days, we cover the whole gamut. It is not like they are going to miss out in terms of anything the yankees going to be good in houston, now a yankee you had max. I am learning how to bet baseball just taking the underdog does not work they know how to do this if you put up 30. You could win your 30 plus more than 30 if you bet on the underdog without a spread. The underdog always loses. I found a new way to lose. Well talk more about this a great game dodgers just kicked ass. It was weird did you watch any of it . It was a little weird all i saw was the clip of fauci with the opening pitch missing by too much. Who else did that i think it was 50 cent, as i recall it went straight left. I did that, i remember it is verydaunting everything going on in the world, the New York Post everything going on in the world. Got to embarrass the poor guy. Hes a doctor, not a baseball player glad we stalled a little. Already come
Surged as lead by amazon well have more on that in a minute jim cramer said it feels insane. Im wrong to say that at the moment u. S. Equity futures at this hour show you how it stands. Well have another day in the green. Dow up 230 points. S p 500 up we should show you treasury yields now at. 0617. All i do is think about my 10year mortgage i dont have a 10year you have a 30year, which you regret i wish i had a fiveyear arm. You could still have a fiveyear arm. You are giving it to the man you are. Giving it to the suits. We are seeing a bit for bonds and equity even higher a reach for safety even though we have a risk on. The eu has reached a breakthrough deal agreeing to 857 billion Recovery Fund it will raise money by selling bonds collectively disbursed to the maybe countries hit the hardest that do not have to be repaid many countries including germany had long opposed also agreed to eu budget of 1 trillion beginning next year brining the total spending agreement upwards of 2 tri
Whats happening. Certainly on the virus front and this is a big nagging and ongoing worry of right now, as we look at states that are dealing with a big spike in cases particularly in florida were also looking around at how illinois, michigan and some of these other states are dealing with this and the debate about whether you could really make demands on someone to wear a mask, and a debate in georgia as well, well get into that and we are focusing as well not only on the markets but the feeling that seems to be generating among a lot of folks that unless we get a pickup in activity here and unless we see more things beginning to stabilize on the infection count, then things really probably will not change a whole heck of a lot. Matt fin n has been following this very closely in naperville, illinois when its coming down to wear a mask. Sir . Reporter neil, naperville just outside of chicago is moving forward with plans to hold classes in just a matter of weeks. Every morning parents a