Well in many states. Businesses are holding back from spending amid the pandemic and stimulus talks appear to be at a standstill once again with leaders from both sides accusing one another of moving the goal posts in the negotiations. Unlikely we will get a stimulus before the election. 59 minutes to go, dow down 2. 2 . Lets get to the stories we are watching right now as stocks fall sharply mike santoli is tracking the market selloff for us. Which parts he is watching in particular meg tirrell digging into the latest covid numbers mike, whats the broader take on what is happening today average bit of a rethink on a mull pent fronts the idea that covid might cause more business disruption last week the s p 500 was skirting this boundary between this sort of breakout level we had and around 3,400 we are actually below that right now. Did a little bit of damage s p and the nasdaq fell below the 50day average the s. A. P. Warning probably evented the nasdaq from doing a better job of sup
Birthplace . I think she should go. Reporter he says it would be a show of u. S. Support to taiwan as tensions are high between china and taiwan. China has repeatedly threatened the u. S. That there will be dire consequences if pelosi makes a stop in taiwan on her trip to asia. Theyre trying to lay out that they are not going to accept any changes in the current status quo. Reporter this is a central fellow from Stanford Universitys institute for international studies. She says there are no good options. If she goes to taiwan its possible we will see more dangerous increased Chinese Military activity in the Taiwan Strait that is destabilizing for the region and can be perceived as threatening by the people of taiwan. If she does not go, we have told china that they can not determine what u. S. Politicians do. Reporter she doesnt think a visit would be the singular spark for china to invade taiwan. The world because by china making a costbenefit calculus and it makes sense for them to f