American Psychological Association ceo arthur evans joins us to discuss stress in america report and how covid19 is affecting Mental Health field Mental Health. Host as Congress Tries to hammer out the covid relief package, Small Businesses are in trouble. Business health and cashel have stalled. Yelp says 2800 businesses in new york city alone have closed. The Small Business administration has given out more money in the past few months than its entire history. It is tuesday, august 4, 2020. We welcome you to washington journal. We will spend this first hour asking you about the impact of the coronavirus pandemic on Small Business. If you are a Small Business owner, call 202 7488000. Or former an employee Small Business employee, 202 7488001. For all others, 202 7488002. Texts, 202 ur 7488003. Tell us your name and where you are from. On twitter, cspanwj. Facebook. Com cspan. Negotiators on capitol hill continue with the pandemic relief package. We will hear more about that later. Her
A lot to get to so lets get started. A looming deadline for democrats and republicans as unemployment aid expires admin night on friday will the Senate Republicans want to decrease those 600. 00 per week to 200. 00 but democrats that will theyre not settling for less parties are clashing on several sides including Liability Protections for businesses and schools and funding for state and local government now this comes as applications for Unemployment Benefits increased for the 2nd straight week in the week ending on july 18th the number of people receiving those jobless aid well they increased by 867000 bringing that total to 17000000 americans earlier this week Senate Republicans released a nearly one trillion dollar relief package of their own this was to counter the 3 trillion dollars package that the House Democrats passed back in may talks are scheduled to resume through the weekend but a deal still seems pretty far. Commodities in crypto markets are heating up around the world a
S p 500 essentially flat year to date nasdaq up some 19 59 minutes left in the session, sara coming up on this friday afternoon, weve got a series of great gifts for you. Red finns stock was on fire the stock selling to have day on the companys cautious outlook as the ceo says the bottom codrp out on the economy were going to talk to glenn kelman in a few minutes. And then apple once again, the Biggest Public Company in the world, surpassing saudi ramco. Continuing the historic run. The market cap now sitting above 1. 8 trillion. Its up over 8. 25 well talk about what an investor should do with this stock next lets focus in on the big stories that were watching. Mike santoli looking at the market and the tech stocks surging to day kayla is looking over the next stimulus package first to you, mike. The story from the morning was that Great Results from the big four of tech did not really lift all votes did you have weakness. Sold a strong open the market firmed up in the last hour or so
167 drop. Turn positive 59 minutes left in the trading day. Yeah, set for another record day all time close for the nasdaq coming up on the show, the dow component and tech component an hour away from that up more than 30 from the march lows still down year to date. Well have full coverage and analysis when those numbers hit. First of all, lets focus on the big stories were watching mike santoli is back and tracking all the Market Action for us meg terrell has new details on a number of vaccine candidates and were following the action in washington with the key deadline approaching. Mike, lets start with you its almost faz that rotation out of tech into value didnt even happen. You missed it all of last week you know, exactly a little bit of a stutter step that is all. Maybe it took for the overheated big nasdaq names to cool off for 4 1 2 days, 4 1 2 trading days but they are leading the way today. Is a very narrow rally it is a slow motion breakout you look at a year to date, thats g
To 17000000. 00 americans earlier this Week Senate Republicans released a nearly one trillion dollar relief package of their own this was to counter the 3 trillion dollars package that the House Democrats passed back in may talks are scheduled to resume through the weekend but a deal still seems pretty far from sight. Commodities in crypto markets are heating up around the world as traditional equity markets take a breather from their epic rally last quarter well it seems like we are seeing a big asset rotation coming on. In the boom bust cohost Christine Christie chinese regulators theyre rushing to curb Precious Metals trading in order to temper speculation how dangerous is this for or the speculative market while this could be very dangerous especially when you take into account the huge middle Class Population in specially in a country like china weve seen this before and there was widespread market from a preview. They which created bubbles we had the tech bubble we had i. P. O. B