Per hour. And its barreling straight toward florida as a Cat Category four storm. People have across the state are trying to evacuate before it makes Landfall Tomorrow Night the city of tampa is in the storms bull bullseye. And later this hour we will get an update from the mayor. Shes already issued a blunt warning. If you stay in the Evacuation Zones, you who are going to die President Biden echoed that sentiment from the White House moments ago a potential for this storm to both enter florida as hurricane and leave Florida Hurricane on the atlantic coast this could be the worst Storm Hit Florida in over a century. And god willing, it wont be, but thats what its looking like right now. If youre under Evacuation Orders, you should evacuated. Now. Now now i should have already evacuated. Its a matter of Life And Death, and thats not hyperbole. Its a matter Life And Death the president just canceled his planned foreign trip this week so he can oversee the response to the second hurrican
We are awaiting updates from the keystone state this hour. We are expecting former Vice President joe biden to speak in prime time. First, the u. S. Stock market close the week with gains. The s p and nasdaq having both their best week since april hold into next week. Lets get the latest from Sarah Ponczek from new york. Investors dont seem to care about the uncertainty of the president ial election. Sarah they do not seem to care. Today, we did see a slowing in the rally. Look at where the major indexes didnt today. The dow element lower, the russell 2000 and smallcap cages lower by 1 or so. The constant remains that tech holds that leadership position. Albeit a small gain. It is unbelievable to watch the best weeks since april the 9 . Up 7 , the nasdaq up even though we have this delayed election result and we are not going to get a blue suite, still on question a little bit as it stands but with the outlook we have, markets do seem to be happy with it, even though last week it was i
Small businesses. The airlines in dire situation. United and american saying they have to cut jobs, tens of thousands of them, as borders remain pretty much locked down. Yvonne you are seeing the president trying to do at least some damage control after he talked to negotiators to pull out of talks for a stimulus. Perhaps we are seeing some targeted measures. You have seen the market impact. The nasdaq and futures reversing the losses we were gaining. U. S. Futures are up. We will see if this bodes well for the rest of asia. If you look at the rest of the asia region, it looks like risk assets are looking less entire than the wall street session. We are seeing a bid for aussie against the japanese currency. When it comes to u. S. 10 year yield, we are holding steady, but the move up in yields on the announcement from trump. Stocks have been lower. Jakarta life coming back online. We are heading lower in jakarta. Hangseng up about 163 points. A touch higher for some markets. The rbi is
Markets sort of whipsawed by the tweets last night from the president trying to figure out exactly where we are how are investors supposed to take this today . Well, you know, i truly do believe, scott, even after the president s tweet yesterday that sent the markets down almost 500 points in a very short period of time, the last hour and 15 minutes of the day, i still belief theres the possibility we have out there, and i brought this up last time i was on with you guys, the idea i thought we would get one done by the weekend or through the weekend obviously with some of the tweets and so forth, but then the president immediately seemed to have flipped back around and be a part of this whole thing. I do think we will see a stimulus at some point in the not too distant future because of that, i think it gives you a great opportunity on that dip yesterday, and obviously youre seeing a pretty nice rise today. We know what the temperature is of the markets and what people want to hear and
Remains complicated. Domm is watching what were seeing in todays trade. What is behind the surge today its about the tweets its about the idea that we could see some form of stimulus, although not the massive one youre going to see that happen and im going to show you the charts here over the course of the past two days, and 24 hours. This is the twoday chart. We kind of started yesterday right around here. You can see as we can move into the session, we have just gotten back everything that we lost and a little bit more over the course of the last 24 hours or so so, again, this move here higher and i can tell you word actually happened and positivity returned take a look at the 24hour chart of dow futures as things have moved, remember, a steep drop yesterday going into the closing bell and we were much in negative territory throughout the overnight session until just around 10 00 p. M. Eastern time thats when President Trump started tweeting out this notion that he could put out ther