This is the one business show you cant afford to miss im proud to borean washington coming up President Trump has extended the deadline for the tick tock ban in order to allow microsoft to acquire the aftermaths Chinese Parent Company while the u. S. Tech giant be able to seal the deal and how will this affect tensions between the worlds 2 largest economies plus the nasdaq has popped once again on news that apple has now claimed the title of the worlds most valuable publicly traded company will break down what lies in store for the tech giant impact show today so lets dive right in. And we lead the program with one of the biggest tech stories of the year and it appears to be playing out minute by minute microsoft confirmed monday that it is in talks to buy tick tock from Chinese Parent Company bite day its now this of course after u. S. President donald trump announced a plan to ban the app in the United States President Trump spoke about the controversial situation monday afternoon. H
The election conversation right now. Speaker pelosi calling the house back into session for urgent action, she says, on the matter. So urgent they are not coming back until later this week. Meanwhile, the market shrugging off any possible chaos from the election. The s p, in fact, could hit an alltime high today. Goldman sachs is raising its forecast on the s p to 3600 by years end. Its also a big week for retail as well. Several Big Companies reporting profits starting with walmart and home depot tomorrow. Lots to talk about. Im Ashley Webster. Yes, stuart is back tomorrow. Varney company is about to begin. Its been run horribly and were going to make it good. Now, what am i supposed to do, let it continue to run badly so if you fix it they say oh, hes tampering with the election. Were not tampering. This is a con game by pelosi and schumer. Look, the post office, theres 25 billion sitting there but they really want 1 trillion to bail out their badly run states. Ashley yeah, that was
Courtier the rain the snow the funder nothing they have no protection. To take care of you. To get through kid. Across the u. S. Cruel puppy mills are supported by dog shows and pet stores most of the puppies are coming from this large Scale Factory farming kind of operations are being sold and stores even joined a Group Businesses are involved like agoa mom center there has been a shocking amount of organized opposition to adverts to increase the standards of care for dogs bred in commercial breeding facilities most of that opposition is coming from huge agricultural groups and industries that have nothing to do with jobs dont buy dog. One else shows seemed wrong. But old bulls just dont hold. Any old belief yet to shape out these days to come out ahead and engagement equals betrayal. When so many find themselves worlds apart when shes to look for common ground. Greetings and salutation all right lets start this party off with a bang with one of the most Important News stories current
And individual names getting lower. That keeps it pretty much unchanged year to date we have a massive show coming up discuss the latest stimulus negotiations th thats any minute now its the key question for the markets today. And then as the heat gets turned up on big tech, well talk to the always candid ceo about the precious ceos facing testimony tomorrow and the stay at home trend a huge swell of tech earnings coming to day and later this week. Lets start with the broader markets. Mike, over to you. Thank you we have markets on pause for the most part today. Bond market is qui wet yields at the lows stock market, too, is hugging this very familiar area, basically flat on the day. That is an area of attraction. Well see fit lasts for now. It is the defensive factors. The ones that benefit from low yields that are up today, real estate, staples and utilities. Take a look though at a couple of indicators as we wait for the fed decision tomorrow. Whats going on and how quiet the bond m
With so many investors now jammed into the same stocks, could this be part of a bigger shift. Your Investment Committee to help you knanavigate through alo this all right. Before we get to everybodys thoughts and insights and ideas, lets get a check on this market at this hour as you can see kind of like this time yesterday, we have the dow higher the dow is up 400 yesterday before sliding toward tend of the session. Were up 300 points today. Basically getting back to exactly where we were at this time 24 hours. The s p is up slightly the russell, the small cap up. Look at the nasdaq, only one of the four in the red here kate moore, you are big picture, macro thematic youve seen this befor especially on a tuesday seems to be bad for technology. Either way, do you believe that this is the beginning of this rotation that everybody kind of keeps hinting at about out of technology taking the profits, into other things or a one day thing because its got to happen some time . I think we can