Joe biden making that final push to win over voters just days before the election. Brian sullivan lays out the big guide in one big battleground stooit stat state. And well go live overseas into the deep dive an app hes success. Youre watching World Wide Exchange good morning, im dominic chu in for Brian Sullivan. Lets get right to how the money and the markets are shaping up right now as you have been seeing in the corner of your screen, stock futures are indicating a lower open, right now the dowism app isdow implie nearly 400 points. S p by about 49. And the nasdaq lower by 220. Well get in to that more. Stocks are looking to cap off what has been an incredibly turbulent week the three major indices are now done between 3 and nearly 6 so far in just that short time span alone. It is also the last trading day of the month and october proving to be a tough one for investors. The dow down nearly 4 , the s p down 1. 5 . And the nasdaq with a fractional gain, although we know the nasdaq
Europe, as you can see, down by 0. 2 . Not getting back ground within the markets. The oil sector has done very well of late. The Banking Sector has done very well of late. Just beginning to fade down today. The s p is down by 0. 3 percent, but it is a similar story. This value cyclical story, the rotation that has pushed money into those spaces, just fading a little bit. We are going into the ,hanksgiving Holiday Weekend basically four days youve got to hold these positions for, and i think a lot of people have decided they just dont want to do that. Eurodollar going a little lower in the last 10 minutes or so, basically back to flat. As the push higher has started to gain attention, there has been some concern that this is going to become an issue. Ive yet to hear it, but watch out for that story. Brent crude, 48. 16. Brent is still higher despite some profittaking elsewhere. I would have thought the best way of describing it, muted markets not getting back much ground, and certainly
Joe bidens plans might not be that helpful for the market no matter what moodys says. We raised a issue about moodys. Theyre saying it would be stimulative to the recovery. Moodys is a Municipal Bond rating firm. Under democrats generally a very a buoyant. News out of new york, Governor Cuomo says movie nighters outside of new york can open at 25 capacity. Here is the trouble. Those in the city dont think about it. One in Staten Island, owner of that theater does everything and anything he can to protect those that to go to his theater. Looks like he cant. For wait some time. Is that fair or balanced . We pick apart the theaters. You decide. Were keeping a very, very close eye on the real life movie playing out over stimulus. Right now growing confusion over nancy pelosi socalled 48hour deadline to come up with something from the white house, presumably. Republicans more generally to respond to her sort of bottom line deadline, get it done by tuesday or it is after the election. Lets g
Conocopillps acquiring contra resources. The largest deal this year and well have conoco ceo join us this hour. The 737 max or comeback european r regulators saying it is safe to fly and planning a december return to service. Carl jim, heard you just talking to becky about stimulus as we continue to kick this around it does not sound like this new sense of urgency, quote unquote, will do much to push the package forward. We are too close to the election and either side gives then the other side. I think has them so, lets say the president gives a little bit more than i think that Speaker Pelosi will make it even tougher because the president wants to get that check to you to the least amount of money donald j. Trump wanted. I know that is something that a lot of people, wow, the president gave it to me. I think what we should be owning and trading and buying are companies that are about to go through an Earnings Period that i think is going to be rocky but overall positive and i think
That a deeply held believe that everybody almost everybody uses different kinds of tricks and manipulation studio and you kind of subvert the house and take expression of political will and based on lies democracy is i do it in certain the way they are relying on laws and regulations to ensure that its self interest authoritarian nations maybe doing that and more in crew there are ways but ultimately i think the conclusion of your book is that everybody doesnt. No really i mean i dont think thats the conclusion theres a lot of countries on in the book which dont really do it or at least do it less and theres a lot of countries in europe in north america that you know manipulate elections instead in ways not enough us so really United States for example it is true that historically black populations of minority populations to struggle to be able to vote and express their Political Rights and thats still an issue that the United States needs to do today its also true that gerrymandering