Will be fought in the swing states of course were going to take you to the mustwin county in michigan. Critical state and a county that could tell the story and later, sec chair jay clayton warns Corporate America about a heightened risk for Cyber Attacks. Hell tell us whats keeping him up at night. As power lunch starts right now. Hi, at thisltyler, hi, every tech is lagging again and as the hours roll on, its getting worse. Lets go to bob pisani for more details. Whats going on is theres a little bit of a rotation here. Stimulus is coming back. Some are investing in the idea theres going to be stimulus however, its coming at the cost of Big Cap Technology and all those workfromhome stories, kelly, that worked so well three or four months ago amazon, thats a sixweek low for amazon right now apples at probably a fiveweek low, microsoft, facebook, nvidia, also on the down side. Its the same with those other stayathome, the not mega caps but the stocks that did really, really well at the
An antitrust lawsuit against google, characterizing its search and advertising business as a monopoly. Shares shrugging it off, up 2 well speak to a top analyst about what it could mean Going Forward for big tk and Tilman Fertitta is seeing bright spots in the country. Hell tell us where and why. Power lunch starts right now let me welcome you to power lunch as well take a look at some of the big names we are watching today. Netflix slightly higher ahead of its earning reports, that stock down about 4 . And no earnings boost to ibm, thats the biggest drag on the dow after reporting its Third Straight quarter of revenue declin declines and financials one of the best performing sectors thanks to regional banks, helping the rest of the group kelly. John, thank you we begin with the two big stories out of washington today. Elan has the story but first Kayla Tausche is tracking new developments on stimulus aid reporter today marks the end of the 48hour window that nancy pelosi set to reach
Mark meadows and treasury secretary Stephen Menuhin called the lawmakers to pass individual lesson legislation including redirecting 130000000000. 00 in unused funds from the Paycheck Protection Program which was part of the relief package passed in march now although at this time democrats in the house of representatives have insisted on a comprehensive relief bill rather than stand alone legislation like that just like uncertainty over what may happen or what may happen to the u. S. Economy and unemployment without another stimulus bill Global Markets rallied on monday so lets go ahead and take a look at the state of the economy and markets with Octavia Moore and the c. E. O. Of optimists l. L. C. Octavio always a pleasure to have you on the show now if theres so much doubt that a stimulus bill could get done before novembers election why is the market so optimistic about it and getting a boost monday are we any closer or is this just you know algorithms taking up all the chatter. We
Coded 19 to stay cool significant Collateral Damage clearly among poor populations. Using lockdown as your primary control knockdowns just one consequence. And that is making people. Good morning and welcome this is into. The fold trying cease fire in the. 4th day as armenia and azerbaijan accuse each other of violating the truce in a sequence of shelling attacks saturday so the 2 nations which border asia and europe agree to lay down their weapons to Exchange Prisoners and those killed in the fighting meanwhile nearly 700 unexploded grenades have been found in the disputed. And the armenian Prime Minister is warned of a potential humanitarian catastrophe. On monday this area government report it several of its regions had been shelled back has also accused armenia of bombarding the 2nd largest city in the country killing at least 10 and injuring dozens more this is the same reportedly showing the aftermath of that attack denies the claims i mean president s spoke exclusively with r. T
Score lately what one new study is saying about the American Household and it may be good news for you on this monday, october 19th. This is Worldwide Exchange. Good morning, good afternoon, good evening, im Brian Sullivan thanks for joining us to kick off your week. Heres how things are looking to start this new week. Futures are solidly higher dow futures up about 135 points. Its a big autumn so far the nasdaq and nasdaq 100 coming off the fourth straight winning week both now up around 4 since the beginning of october small caps, they continue to shine. The russell 2000 up more than 8 on optimism for more stimulus as well as hope for a domestic economy rebound. Check this stat of the day out in the s p 500, 60 stocks are up more than 10 this month the best of the best is tapestry, tpr, the old coach retailer on the more macro front, another huge day for speakers from the federal reserve. Chairman Jerome Powell will make remarks along with three other fed speakers actually five other