Strong data on housing and jobs along with big beat for chicago pmi. Late breaking headlines regarding modernas vaccine. Off session highs but off the lows as we speak still wog up on the show. Coming up San Francisco fed president mary daly to talk about economic recovery, stimulus and jobs picture in america. Plus we will get a read on the consumer when we talk to the ceo of General Mills his first interview since reporting earnings last week. Cocacola entering Hard Seltzer Market with help from molson coors well talk to the ceo of molson coors exclusively about this partnership and more lets get to the big stories 59 minutes of trade. Mike santoli tracking Market Action as stocks look to close out september with a bang. Meg tirrell with headlines around moderna and leslie with the latest on palantirs review. The market, whats driving it . Sara, a lot of things blowing around in the market, quarter end, reaction to the debate, pretty good economic numbers but also in the context of a
Nasdaq finishing up 2. 56 . Sometimes stocks deserve to go up or nothing. It is critical to see stocks lev tate li levitat levitateli what they are doing here we are paying more for the same level of earnings or story, betting that someone else will take it off our hands for a price thats still higher. Some people calls it full theory multiple expansion is what we saw today. Wall street got hyped of the best of the best look at what led us higher start with apple and it is always fun to start with apple you follow apple, we all know they want your new phone tomorrow new iphones come out on the clock work and even 5g in it and we had to buy in it of course. That did not stop wed bush he points a step up for demand for components of larger version. We know that from marvel and sky Works Solution let me read you one lets say sn snippet. A super cycle, huh when you call something a super cycle, you have to catch somebodys attention i am superstitious of super cycle. We heard it right befor
Treasury secretary triggered more fear than any episode of stranger things. Look at the nasdaq, taking the most outsized hit right now, down 89 points or. 75 . The dow is lower by 142, s p down 20. Our floor show traders are mobilizing right now in front of their cameras to root out the markets hidden Pricing Power players. They will tell you how theyre doing that right now. Just 24 hours after that apple event cameo, verizons ceo is here on the 5g future hes promising apple iphone 12 buyers. What 5g really means to you and me right now and what will it take to get those ultrafast speeds into areas still operating in some cases way back on 3g . Hans vestberg with us in just a few minutes. The Telecom Giant joins us. And spac to the future. A new spac ready to clean up in more ways than one. Former nrg ceo david crane taking his Clean Energy Investment to the public markets. What will it take for him to open up his blank checkbook . We will ask him in a first on fox business interview.
0. 719 andrew and we have numbers to bring you this morning from United Health group just out with its quarterly numbers. Reporting Quarterly Earnings of 3. 51 per share. It beat the consensus estimate of 3. 09 revenue also above forecasts, saying that medical care trends that had been disrupted by the pandemic are moving closer to normal you are looking at that stock up just marginally this morning and we have three more financials, bank of america this hour, Goldman Sachs in the 7 00 hour and then wells fargo in the 8 00 hour. Joe. Thankthanks, andrew. Another Clinical Trial halted over safety concerns, eli lilly late stage trial has been paused by u. S. Health regulation tors it used a Health Sample from one the first patients recovered from coronavirus ill given you more details. Because it leaves out something important. Of the trials ongoing of the antibody, they decided to add remdesivir along with the antibody and that is when they had to halt the trial for some kind of safety
In this edition of the weeks talkers. Watch. Maria when do you expect we will have a name youll hear from the president who his nominee is this week certainly. And theres precedent for this. Unlike the last time around when Justice Scalia passed maria mark, do you think theyre going to be able to come to a vote before the election . I think the vast majority of americans overwhelmingly believe that its this president s pick, and the vast majority that i want that i talk to want someone confirmed before the election. Maria you have Chuck Schumer saying the republicans have no right to fill the seat. The sad part here is how far the democrats have gone. Theyd rather dismantle this nation than dignify the constitution. Maria what do you make of this, anarchistic jurisdictions. He has clearly been the worst mayor in the history of the city. I cant tell you how bads he is, how many things hes done wrong. But it is clear this is an anarchist city. All you need to prove it are the videos of t