Minutes of trading. President trump about to address supporters at a Campaign Rally in california which is about four hours north from where we are in miami, his opponent joe biden is in another battleground state pitching the Healthcare Plan to voters in michigan. We have fox Business Team coverage of her top stories with blake burman standing by the white house, we start today with jacqui deangelis and the new york newsroom as we wrap up with a volatile week on wall street. Good afternoon connell, two out of three bad of what weve seen weve seen three Straight Days of losses for the dow was positive for the week and you mention the retail sales, t 2 jump, the optimism was important because it speaks to the consumer, also you have vaccine optimism weighing over the stimulus pessimism in the dow roughly 3 below its record closing high back in february, its pretty remarkable when you think about that. Today was industrial stock, the healthcare stock that led the way were so used to focu
Funding expires. Bills on energy and clean air and forced labor. Announced Ruth Bader Ginsburg will lie in state in statuary hall at u. S. Capitol friday. The ceremony will only be open [captioning made possible by the national captioning institute, inc. , in cooperation with the United States house of representatives. Any use of the closedcaptioned coverage of the house proceedings for political or commercial purposes is expressly prohibited by the u. S. House of representatives. ] the speaker the house will be in order. The prayer will be offered by conroy. Plain, father chaplain conroy let us pray. Ord, merciful god, we give you thanks for giving us another day. E give you thanks for the life and work of justice ruth ginsburg. Americans be inspired to be their best selves because of her example. She rest in peace. Bless those throughout our ation who are suffering from the pandemic, fires, hurricanes, and flooding. Needs continue. Our political leaders to tend to those needs with sp
The speaker pro tempore for what purpose does the gentleman from california seek recognition . Mr. Speaker, i move that the house suspend the rules and pass the bill, h. R. 5322, the ensuring diversity in Community Banking act, as amended. The speaker pro tempore the clerk will report the title of the bill. The clerk h. R. 5322, a bill to establish or modify requirements relating to Minority Depository Institutions, Community Development Financial Institutions, and impact banks and for other purposes. The speaker pro tempore pursuant to the rule, the gentleman from california, mr. Sherman, and the gentleman from sk, mr. Timmons, each will control 20 minutes. The chair recognizes the gentleman from california, mr. Sherman. Mr. Sherman mr. Speaker, i ask unanimous consent that all members may have five legislative days within which to revise and extend their remarks on this legislation, and to insert extraneous material thereon. The speaker pro tempore without objection. Mr. Sherman i yi
Beware increased risk during the covid19 pandemic. Due to the covid19 Public Health emergency, todays hearing is being held remotely. All the members hey, jan. We cant hear you. I dont know, are you are you muted . Im not muted. I can hear her. I can hear you, jan. I cant hear you at least, not yet. I can. I can. Can you hear me now . Not yet. Oh, i think it must be on your end then. Youre coming in loud and clear here. Okay. Can republicans hear jan . Is it just me . Im not hearing anybody. Yes, jan, we can hear you fine. Okay. Im going to continue while somebody helps fix the silent person. Okay. Due to the covid19 Public Health emergency, todays hearing is being held remotely. All the members and witnesses will be participating Via Video Conference as part of our hearing, microphones will be set on mute for the purpose of eliminating inadvertent background noise. Members and witnesses, you will need to unmute yourself, unmute your microphone, each time that you wish to speak. Additi
Potential pandemic. Investors dont seem to care. U. S. Markets close out the best quarter since 1998 with the s p 500 up 20 . Gold is trading near 1800. Shery lets get you started with a quick check of the markets. We are seeing u. S. Futures opening under a little bit of pressure at the moment, down 2 10 of 1 . This as we just mentioned, u. S. Stocks finishing the best quarter in more than two decades. We are talking about a 20 increase in the last three months. We have the s p 500 seeing the best two days in about three weeks. All 11 sectors finished up. The dow underperformed a little bit compared to other major indices. A plunge in boeing. Terminating their purchases of all remaining jets on order. Take a look at what oil is doing. We have seen it gain ground. It is continuing to rise near 40 a barrel. It just posted its best quarter in nearly 30 years, bouncing back from that historic price crash. Really climbing from negative territory in april. Haidi yeah, it really is the histo