Gap, set to speak again and the fate of a preelection aid package could come by the end of today. And the race for a cure, moderna saying its experimental covid19 vaccine could be ready for emergency use in december. Carl jim, just crossing the wires now, doj has filed the suit against alphabets google, and heard you talking to becky a moment ago, reiterating what you said for a long time, this lawsuit essentially is a strange kind of value creator. Yeah, look, i mean, arguably theyre saying there are ties to exclusionary business deals that google has done. Look, google has opened the books time and again to the government it is not their first rodeo. They have understood this. If theyre trying to break up google, all theyre trying to do is exactly what ive been hoping for, which is that to bring out the value in google, you have to break it up. So if the department of justice is going that route, theyre a great investment banker. I joke with david, there is situations where the sum o
Secretary of the United States Steve Mnuchin planning a meeting with nancy pelosi to discuss it which means maybe republicans can go along with this, cobble together something acceptable to both sides but just the talk of that, and some of the stimulus that would give the economy a boost, markets a boost has stocks raising ahead. Hillary vaughn following that, but the postdebate excitement. Both candidates are out on the stump. President trump will be in michigan. Former Vice President in ohio. Busy in a lot of states. Hillary in ohio with more. Reporter hi, neil. Biden has his busiest schedule on the campaign trail weve seen since really the primaries, way before the pandemic. He has seven stops today as he kicks off his train tour. Biden hopped aboard an amtrak train. He will hit seven different cities on one of his favorite modes of transportation the amtrak. It is a nostalgic moment for a man spent decades taking that very train from wilmington to washington. The familiar sound of
Liz let me be clear, hes right, the fed moves the markets. Stocks thank you, charles are stinking, are sinking think kind of are stinking [laughter] as big tech selling of apple, amazon, facebook offsets j js vaccine, theyre not able to lift up this market. The dow looking at its fourth losing day in five. We are down 465 points, low of the session down 475 or so, so were just about there. S p is losing 66, the nasdaq hitting a new correction low, down 291 points. The nations top pandemic fighters from the fda to the cdc and more testifying on capitol hill just one day after american depths from the coronavirus deaths from the coronavirus trooped 200,000 topped 200,000. Well take you to d. C. For all the drama. Meanwhile, one tech company that helps americans get cheaper Prescription Drugs making its debut on wall street just hours ago. The coceo of good rx is here for his instant to his stocks day one pop and what he can promise, he says, without any help from washington d. C. And a p
All right, welcome everybody to power lunch. Kevin is with us dominic too. Welcome, dom good to see you. Here is whats on tap. Stocks are at session highs right now after four weeks of losses the dow is up 500 points both the dow and s p on track for their biggest two day gains since june high stakes stimulus how Speaker Pelosi says she thinks, think, republicans and democrats can get a deal done before the election and tom lee says thats just one reason to buy stocks he will join us very shortly later, which president ial candidate could be better for the economy and the markets . Moodys is out with a new report that takes a look at those questions investors need to know power lunch starts right now welcome to power lunch. Looks look at the bigger wins today. You have fedex leading the industrials over at Deutsche Bank raising target price to 318 a share both those stocks up around 2 Virgin Galactic getting two more buy recommendations. Eight wall street analysts say the same thing bu
Not the pain of hers to breathe hers hers to move from side to side has to eat please im changing our lives out there if you stick together make some money make everything easier for people because its so much fun as we always did. Another night to protest against racism and Police Brutality has been held in new york state over the death of daniel proved he died after being arrested in march police put a hood over his head in pinned him to the ground a new York State Attorney general has called for a grand jury investigation. And the morals been held in the state of washington for a far right activist who was shot during protests around donaldson was gunned down during a confrontation with black lives not a protest as in Portland Oregon have been protests in portland for a 100 nights now spot the killing of george floyd in may. Elizabeth anchors a professor at George Washington university she says the protest movement has already had a huge impact on American Society the struggles have