Last night leasing a 2. 2 trillion dollar relief proposal last night. Joining us is emily wilkins, bloomberg congressional reporter. This mean something can get done, or something wont get done because it further polarizes any talks between pelosi and mnuchin . Emily i think we should look at this is a little bit of a lastditch effort on the part of the house. They have come down from 3. 4 trillion down to 2. 2 trillion. Theyve made it very clear they are serious about this. They have some Democrat Members in these very difficult races, having to go home and face constituents who are really hurting right now, so they are pushing for something to get done. Pelosi has said that the republicans need to come up on their offer. They have been this way for several months, so it is kind of now or never, but things dont ticket levy optimistic at this point. Guy do you think there is any chance that the president pulls a rabbit out of a hat tonight if he starts talking about what is happening w
Lets take a quick check of the markets. We started off on a green note but we have been deteriorating ever since. 4 . P 500 down the nasdaq down just six points. This is all to do with crude oil. Down for 4. 5 . I wanted to show the context, 1900 anading toward ounce again. Before the debate tonight, both thehe campaigns released tax returns for people. Joe biden has released his tax returns. We will be going through that. For more on these volatile markets, what we anticipate in the weeks to come, we are joined of manr Van Dooijeweert solutions. What do you make of these markets . What are they trading on now, given we got no new consumer data, a lot of conflicting data out there . Peter there is a lot of uncertainty. From my perspective, and option market participant, the uncertainty feeds through pretty quickly in the market. Whether you are worried about the election, pandemic, Economic Impact, whatever you are worried about, there seems to be a lot of it. Are closer to the highs t
1. 5 ct for the s p tumbled and the nasdaq hit harder in a couple of minutes. Treasuries and the yen gain. Money floods into safe hane assets it is a president s positive test acts as a wakeup call for markets. Good morning. Just under an hour away from 60 minutes away from the start of cash and equity trading in europe. We do see drops more than 1 in European Equity Index Futures. We were looking at some positive numbers just an hour ago. Take a look at the u. S. Futures. Down with the nasdaq underperforming. 1. 9 . And dow off anna we see reaction to these stunning headlines that have taken the markets by storm. Gripped the market. Dictating many over the moves that were seeing. Beware many of the markets in asia are closed. What we have open in asia is japan, australia and indonesia. We saw instant negative reaction. Nasdaq futures down by as much as 202 in the initial place where we saw the news breaking. We do see negative riskoff reaction. We see money going into the dollar and c
Residence. Risk assets sell off with stocks opening in the red and european equities close out the day lower. Investors seek safety in gold. Other safe havens also rally a very warm welcome to street signs. Lets get right to the story u. S. President donald trump and first lady have tested positive for coronavirus. The president confirmed on twitter saying, quote, we will get through this together. This comes after his top aid hope hicks tested positive she frequency traveled with the president including attending the first debate in ohio the president s physician released a statement saying both the president and first lady are doing well and will stay in the white house and that the president will continue his duties in full lets get to Market Reaction, we have seen futures pull back off this news. At one point, the dow was down 500 points, now we are down some 325 points some stabilization s p 500 down about 43 points we are off the lows. The tech heavy nasdaq currently lower. At on
Education from your local election headquarters. The South Carolina chamber of commerce and next our media nextstar media, the u. S. Senate race, South Carolina. A live candidate conversation. Good evening. Thank you for joining us. We are coming to you live from our studios in South Carolina. Im amy wood. Will bes conversation livestreamed and broadcast across the carolinas, as well as on our partner station, in columbia. Many of you tuned in this evening to watch the candidates for u. S. Senate in their second debate. Both campaigns agree to the four net of that debate. But this week, Campaign Staffer Jamie Harrison asked that the incumbent senator be tested for covid. The senator was tested last friday. In a Statement Released yesterday afternoon, the Harrison Campaign wrote, i cannot responsibly debate in person tomorrow night and allow politics to put my family, my campaign staff, and members of the media at unnecessary risk. The Graham Campaign responded, mr. Harrison is demandin