Both companies app stores. We will get into that. Check this one out. Joe biden calling for a nationwide mask mandate for all americans for three months, even if you are alone in the park. Then he takes no questions after announcing that plan. We will get into all of it for you and it is time for friday feedback which you still have time to send in your responses. Email us, varneyviewe varneyviewers foxbusiness. Com. We may read your email if you send it in now. An epic three hours ahead. David asman in for stuart varney. Varney company about to begin. David lets get a check of the markets and as you can see, the futures are down on the s p and the dow jones but up again on nasdaq. Meanwhile, its been 100 days since that march 23rd bear market low. Come in, ashley webster. Ash, we have seen a historic market reaction, a bounceback, right . Since hitting the lows on march 23rd . Ashley absolutely. Good morning to you. Since hitting those lows back in march, hundred day stretch going all
Points the s p which is then up five out of the last six weeks and up the last six sessions in a row is up by 5. 5 this morning and then the nasdaq which has been this incredible out performer for months on end is the other performer this morning its down by 13 points but remember nasdaq was only down friday after being up for several sessions in a row. Setting a new high every one of the closes. The s p is less than 1 from its all time high. Its up back in february the treasury markets youll see right now. The treasury yields are where they have been the ten year is at 0. 556 . Melissa. We have an update on the pandemic the United States surpassed covid cases. It took just six weeks for u. S. Covid cases to double. The growth appears to have leveled off at an average of 54,000 per day over the last week in College Sports news over the weekend the mid american conference scrapped its all football season delaying all fall sports until the spring of 2021 the logistics were too complicate
Which has mostly gotten a free ride. Well get reaction from liz peek coming shortly. Spigot to Small Business drying up. So what happens now . All that and so much more on making money. Charles well the dow is up steadily today and the market has been on a roll. The market has done better than you probably know. It is not reflected in the quotes. Give you an example. The s p was up. 006 . Tiny fraction of an increase. Guess what . Nine of 11 sectors were higher on friday. This rotation is going on. Weve been talking about for some time. Now it is catching fire. What should you be doing to take advantage of it . I will bring in my three favorite experts, mike murphy, Courtney Dominguez and shah ghailani. Mike, i want to get your thought on what were seeing in the market. The dow is having a powerful session. A lot of tech names are under pressure here but this rotation we talked about is happening. I dont think youre buying it just yet . You know, charles, i love some of the big Dow Com
Until Californias Department of Public Health has stepped down from her job. She did not give a specific open this wednesday. Reason for leaving her officials announced they are opening next monday, august 17. Position. Her resignation comes less than all students will begin with one week after state officials announced the Computer System had undercounted the coronavirus cases. Distance learning. This initial phase could last she was named the state health for three weeks or longer, it officer and Health Director depends on Public Health conditions. In oakland, students are back to their virtual last october. Coronavirus cases in the u. S. Have surpassed the 5 classrooms. This is the very first day of million mark. 40 of those cases are in five school. There is still no deal between states. The Oakland Unified School district and the Teachers Union california, florida, texas, new about what Distance Learning should look like this school york, and georgia. Weather 163,000 people have d
Is about 2 away from record territory. Blake burman at the white house. Edward lawrence in washington. We start with blake, with the latest from the president. Reporter the white house is acknowledging that it might take some time to get federal Unemployment Benefits out the door going forward. The executive order from the president 300 from the federal post, the states matching 100 if they are able to. Some state governors mentioned they cant. In any event the white house is working on this issue. In the interim, they are hoping that democrats return to the negotiating table. I cant pinpoint a timeline other than were working around the clock. We urge democrats on the hill to come back. Secretary mnuchin is willing to review any proposal because the American People deserve better than the games and partisanship they have seen from nancy pelosi and Chuck Schumer and their democrat colleagues. Reporter now the president also took action suspending some collection of payroll taxes and de