Biden. Last ditch support efforts for both candidates moving at breakneck speeds. And digital gold. Cryptocurrency on demand with rising prices for bitcoin. You can crypto a lot of things, but dont call it currency yet. Rising aftertocks resuscitated hopes for a spending package. The nasdaq had a modest game game. Abigail doolittle is in new york. Abigail another choppy day. We have not had one day this week when we have not had stocks up and down throughout the day. There has not been when they were that has been the case. We have seen a lot of intraday whipsaw. Investors are pretty nervous. Some uncertainty. The s p 500 is up after spending most of the day down. Up about 0. 3 . Two down Sectors Energy and tech. Not surprisingly, tech being weighed on by intel. The stock one of the only indexes on the date of fall. Day to fall. Data center sales missing down 10 year over year. The guidance tepid as well. At the end of the day, it was a choppy week. Investors dealing with lots of uncer
Hill. Where should your portfolio be positioned . Meantime commodities remain on fire. So what is the message for business, the economy and inflation. Weve got all the angles covered. Shares of kodak, yes, kodak, tripling after signing a deal with the federal government. Wait until you hear what its for. Consumer expectations plunge as more americans lose faith in the recovery. Big concerns whether washington comes through with more federal help. I will ask guy reschenthaler from pennsylvania if they will do just that. That and much more on making money. Charles so stocks sort ever sputtering today, right . But we did get a slew of earnings reports. The message to me, it is pretty clear for investors. Companies are profiting off the coronavirus lifestyle changes. That is one trend really working. D. R. Horton, sherwinwilliams, polaris soaring after they reported results surpassing wall street expectations. It is thanks to overwhelming amount of people looking at home, redecorating, pai
Bipartisan committee for responsible federal budget said its initial analysis of this plan shows the plan would add 2. 3 trillion to deficits over the next decade. Good afternoon. Like to start by saying that the president and all of us at the white house were thrilled to see congressman scalise back on the house floor today. Our thoughts and prayers have been with him and his family for many weeks now and well continue to root for him as he works towards a full recovery. Today the president is actively engaged in monitoring the Recovery Efforts in puerto rico. This morning he received an update from fema administrator brock long. Administrator long has briefed members of the senate this morning and members of the house this afternoon. The full weight of the United States government is engaged to ensure food, water, health care and other lifesaving resources are making it to the people in need. At the request of the governor whos doing a terrific job, the president waived the jones act
To get a border wall built walmart and google team up and the latest move for the battle for your money and shares fall in the premarket stocks are on track to open lower the nasdaq avoids a loss for what would have been the first of the year. How much weight did you put into the president s comments in phoenix. Will frost said it best this morning when he was talking on Worldwide Exchange saying that its we discount his rhetoric a little more. He feels that by, i say, later on in the day we will sense that there is a bit of hyperbole to him but were trading off of speeches now and the speech the night before sounded like what we want from a president last nights speech was a little over the top i watched it and i said wow, you know, the election must be imminent theres like a real election coming. Its 3. 5 years away he did say if we have to close down our government were building that wall went on to talk about nafta. We will negotiate nafta or terminate. This is last night in phoeni
Losses are accelerating now as we head toward the closing bell. Julie hyman has the latest on the new lows we are heading. Julie after we got the fed minutes, looked like we were going to see continuation of the selling that had been going on. The read of markets and seem to becausement was dovish fed members were concerned about Global Growth and inflation not getting up to the 2 target pace. All three averages are making new lows. Headlines coming out from the nasdaq saying there is an issue affecting the cancellation of orders. The new orders not affected by this issue. Update you on that situation and see if it is continuing or how broad the issue is. If you take a look at the three days we have had for the major averages, particularly the s p 500, it looks like we are going to have one of the worst days since 2000. The decline for the s p 500 is about 3. 1 . In 2008, there was a 4 the klein. When we had 4 decline. , it ist it is persisting reflecting concerns about Global Growth a