The heated rhetoric not helping the markets at all as we head into the final hour of trade. Neither did the weekly jobless claims number that came out this morning. It rose for the first time in 15 weeks. Then you have goldmans morning call that apple is bruised and should be tossed from your portfolio. Weve got red acheck it here. Dow down 341. S p down 38. The nasdaq down 227 points. This china situation, American Farmers dependent on selling their product to china, are bracing to be pawns once again. We will talk exclusively to a wisconsin soybean farmer about how his business was first affected since signing of the phase one trade deal and who knows whats going to happen to that phase. From massages to a whole different business of medical testing. How one chain flipped Business Plan to survi the covid crisis. Weve got the ceof express supspa group. They have the airport chains where you get massages. Hes here to tell us how hes pulling the 180 and offering covid tests. Its a fox b
Take a look at where we are trading about four hours of ahead of these earnings. Nasdaq going positive ahead of that print lots going on today. You have the trump tweet casting doubt about holding the election theres your market pricture lets kick it around nasdaq turns positive. Kramer thinking the stocks are set up for fall after the bell because they have run so much and yet you buy the cues into the print. Tell me why. Well, i bought the qs when the market was down because the market was down today based upon statements that came out from meadows saying they we are made far apart on a deal. Yet, you have some great earnings come out from the Tech Companies and qualcomm corevo. U. P. S. Also talking on the consumer side. I thought that the market was over sold. I bought the qs. I already sold out half of the trading position ill hold onto those a little longer ive got positions in every company reporting tonight. My exposure to nasdaq is long enough what jim points out its is path o
Group. All of the numbers as soon as they hit the tape this morning. Futures showing a mix bag as you can see, excuse me, we have that is arrows across the board. Nasdaq up 34 and a half, s p is up 11 this after yesterdays crazy lateday selloff. California announced lockdowns and when the announcement came through that really did hurt the market. The dow barely holding a gain. We will see if we can do better today. Well, jumping species. Animal to human virus contraction may become more common. How to protect yourself, plus, ford taking nostalgia route with newest suv back by popular demand. Mornings with maria is live right now. Coronavirus lockdowns in the United States and scaled back reopenings both impacting european markets. As you can see red across the board. Weve had improvement overnight with europe. As you can see the dax and the cac 40 down more than half percent. Not in asia, red across the board. Different story from yesterday morning. We have pressure on markets especial
Doses ready to ship once they get the green light and speaking of green light, joe biden wants to go ahead and raise Corporate Taxes, he is tapping his inner Bernie Sanders and outlining his economic plans using terms like fair share and calling for an end to what he calls shareholder capitalism. We are all over that story you can bet. We may hear the president s response to mr. Bidens plan shortly, he will be leaving for an event in florida this hour. We expect he will speak to reporters before boarding marine one as he likes to do and you will certainly see that right here when it happens. You will also see very little let up in the tech rally, despite theyre down day overall, the big tech names holding their own with more record gains. Amazon, it is hit an alltime high for six days in a row. Not bad. Apple, not much of a pullback of the stays above 380 a share, same story for microsoft, not much of a drop there, for microsoft still at 213 box. Facebook is above 240, despite constant
I want to take you live right now to the ups airport hub in atlanta, georgia, where you can see the crowds forming. At any moment, President Trump is expected to announce a new policy that he says will expedite and modernize the approval process for major Infrastructure Projects across the united states. Projects that often take years to complete, they take so long sometimes, Companies Just abandon their effort. We are going to take you straight to atlanta as soon as the president makes what could be a marketmoving remark. The bulls are still humming but they were singing at the top of their lungs earlier in the session. Dow jones industrials had spiked 428 points. Its up 129 right now. In the Early Morning move, there was very encouraging news out of moderna. Modernas experimental Covid Vaccine produced virusfighting antibodies but investors appear right now to say you know what, we still want the buy stocks but they see the rally as an opportunity maybe for a little sector rotation o