Wall street is looking for any clarity on stimulus following President Trumps tweets, suspending further negotiations until after the election yesterday but calling for targeted relief since then for airlines, Small Business and a new round of 1200 checks. Eli lily saying its seeking emergency use authorization for antibody treatment dr. Gottlieb says its a major step forward got a bit of reversal from yesterday. Quite so. On todays show, restauranteur danny meyer putting out a plea for lawmakers to come up with a stimulus plan. He will discuss what it would mean for the Hospitality Industry if help doesnt come through soon plus kara swisher on whether any of that will mean real change Steve Liesman has the fed update for us, and joining us to break it all down is jeff sherman from double line capital. Steve, lets start with you. Wilf, thanks. Fed officials in their meeting from september had begun to have concerns about the possibility additional stimulus would fail in congress. They
59 minutes left to trade, kayla. And that green screen is not something we have seen in a while. We have a big show ahead today on closing bell. A big deal for big steel well talk to the ceo from Cleveland Cliffs and his outlook on the economy later, sneaker startup all birds scoring 100 million in fresh funding. Valuing the company at 1. 7 billion the coceo will join us to tell us how his Company Plans to spend that cash and well have that later on in the show. Lets focus in on the big show were tracking to days rally. Theyre covering the latest tensions in the tech cold war with china start us off on the Broader Market and what youre seeing behind the scenes today. Yeah. Market making the case that last weeks lows and got some traction near the levels its not Something Else tachlt a look at the s p 500 year to date all the indices have a similar look with different mag any tudz we were talking about this level for a long time. This is where we hit the lows a few times last week aroun
Earlier like they were headed to brand new record highs. Not so now. We do have the Dow Jones Industrials down 143 points. Ciscos poor earnings is pushing that index down. S p down 11. Nasdaq just higher by 19 points. Not the same at all for apple. Apple hitting yet another new high as it closes in on the 2 trillion market cap. News breaking of its new plan for subscribers to bundle the apple joy so which Companies Might want to dive for cover . We are taking a deep dive into the apple barrel, online contactless auto sales winning the race during the pandemic. Why are investors hitting the sell button on the hottest used car deals in cyberspace . We will ask the vroom ceo because hes here. And musicians still resorting to zoom with no live concerts and broadway still closed. But that does not pay the bills. Enter the chairman and ceo of the Recording Academy. The man behind the grammys. What hes doing now to help artists with their strings cut by the pandemic. Its a fox business exclus
A 2nd do you want the whole picture out facts instead of make ideas shift deliver us. From a measured reality to cryptocurrency your top picks for live in an ever changing Digital World lets start with digitalisation. Coronavirus cases suddenly ramp up in africa the continent braces to prepare for a looming Health Emergency and more economic fallout. The European Union and the blocs biggest economy germany pledged to do whatever it takes to keep business going and shutdowns affect more and more e. U. Nations. And south africas power struggle trying to keep the flickering lights on for its people and it is a big economy. It was all and thats your business watch out of africa the coronavirus is getting a foothold on the continent and the race to stop it intensifies Rapid Testing and quarantines have been put in place morocco is to spend. Air and sea links with france and spain algeria is reducing or cutting flights to Europe Africa maintains one of the lowest rates of confirmed infection
Morning. Great to see everybody this morning. Welcome. A lot to talk about and we have a big show in terms of our lineup. We have the former ceo of the New York Stock Exchange. Also joining us. A former secretary of state in the coauthor of to build a better world. We will talk about Foreign Policy with Condoleezza Rice this morning. Washington examiner chief political correspondent. The exit from the white house. Dr. Mike talking about the dangers of the pain. We kick off this morning with the remembrance a day we will never forget. That is september 11, 2001 at the date the United States suffered its worst terrorist attack in history nearly 3,000 americans died on that day in new york city in washington dc. , in pennsylvania, present trump takes place takes part with a moment of silence. Of course, we have our own stories we know we have our own memories. The spin was given to meet with my dick carrasco. It signifies at the number of First Responders that died on that day because of