The nasdaq is up second day in a row. That looks safe. First backtoback gains for the nasdaq in two weeks. We have that. Well have a lot more to cover with fox Business Team coverage. Susan li standing by in the new york newsroom. Well get to susan in a moment but we start with blake burman on what was very busy, important day at the white house. Blake . Reporter historic as well. I will keep this short. Were probably getting the president s comments shortly any moment from now. A historic day at the white house where the president of the United States was joined with the israeli Prime Minister with two leaders from arab nations to sign a peace deal. Israel and the United Arab Emirates and israel and bahrain. President trump said he believed there could be five, maybe even six more of these peace deals in the middle east in the works to come. The president suggested that this could be a domino effect saying that he ultimately believes it will lead to the biggest middle east deal of all
High. It is still heading toward its Third Straight winning streak, up 65 points. S p better by 22. The nasdaq up 148. You could argue that the dow and the s p are hamstrung by some serious weakness in financials, particularly regarding citigroup. That stock is taking a hit right now. Its down about 4. 7 . We are watching all the financials. Goldmans down i believe we also have Morgan Stanley down and some of the other big names. Tempest fugit when unveiling more than a dozen new offerings. Apple time flies event just ended with multiple bangs. We will start with the sizzle but theres a lot of steak here. Lets get with the apple watch to begin with. You got to do the colors, right . This is sort of the lighthearted stuff. Blue, a new blue, a new, i dont know, kind of rose gold watch, theres a bright ferrari red, you can see that right there. Then sticking with the sizzle, they hired an artist who came up with customizable faces for the new sixth generation apple watch face. It is calle
Lauren i know, it was a rough one. It is worst day since june. Take a look. There is the damage. The dow retreating from that 29,000 level. At one point it was down 1026 points. So i guess being down 810 is good news . The nasdaq and s p 500 also retreating from record closes. All 11 sectors in the red. Tech and consumer stocks hit the worst. The reason, look, guys, there is a lot. Uncertainty over timing of an effective vaccine. Profittaking ahead of a long holiday weekend. September really living up to its reputation as the worst month of the year historically. Let me show you what weighed the most on the Dow Jones Industrial average. Apple, sales force, microsoft. Along with amgen and home depot. Shaving some 400 points off the bluechip average. On nasdaq which snapped a fourday winning streak. Amd, nvidia, tesla, all of them are lockdown winners. Nvidia doubling this year. Tesla up almost 400 this year. After todays drop it is down 20 in the just the past three days. Were seeing mo
Terrific rally. But your 401 k has taken a hit. I think election chaos is largely to blame, and well bring you that debate throughout the show today. Look at this, as of right now, well, we had a huge selloff yesterday, and heres where we stand this morning, were way down again. A hot more selling. More a lot more selling. More worries about a second wave in europe, and there has been an uptick in virus causes here. Look at this, the dow down maybe 160 points. Youre back to 26,500, s p down 25, and look at that nasdaq, 10,600, down 150 as of right now. Premarket. Were on it. And heres what youre looking at right now, a uhaul truck in louisville, last night. It had been prepositioned, loaded with protest signs. The Kentucky Attorney general will not prosecute two of the three officers involved in the death of Breonna Taylor are. After the decision came down, the uhaul was unloaded, and violent protests began. Who paid for the signs . Who organized this protest . Two Police Officers shot
Or is Something Else to play. We will get into it but as i can see the major indexes down in the nasdaq up 3 . Following reports of the november surprise on a vaccine bio pharmacy ceo pledged to take the over speed when it comes to treatment. Tesla feeling a little dented this morning after getting snubbed by the s p 500 despite four straight quarters of profit the benchmark index says no thank you very much, we will discuss the implications of that. In Washington Congress returns as a stimulus stalemate continues, white house chief of staff mark meadows kelli Maria Bartiromo in the last hour he thinks the deal will get done and soon. We are 56 days away from the election for the battle of the swing state and definitely heating up. President trump touting a rebounding economy as a hits florida and North Carolina today and we will see him leave later this morning. The president is threatening to cut ties with china and issues of stock morning if joe biden wins. And how about this, the h