As a matter of fact. As it closes it is closing lower, dragged down by renewed weakness today in the big tech stocks. Also energy was weak. So all of that, we will have in detail for you. The dow down about 400 points. Welcome to the show, everybody, im connell mcshane. Melissa wow. That was quite a press conference there. Im Melissa Francis and this is after the bell. The dow and the s p 500 closing down more than 1 after the biggest rally in at least two months. The tech selloff pushing the nasdaq deeper into the red after its largest gain since april. We have a lot of news to get to today. Fox Business Team coverage to cover it. Lauren simonetti following the markets. Blake burman is live at the white house. Hillary vaughn has latest on covid relief package. Kick it off with you, blake where all the action is now. Reporter we saw President Trump here as the closing bell hit and the topic again was tapes and conversations that the president had, 18 conversations, nine hours worth wit
Theranos with John Carreyrou and Michael Siconolfi of the the wage wawj. She came out of stanford with this vision of trying to revolutionize medicine with blood testing that would be done on very small samples of blood, either priked from the arm, at first prked from the arm then priked from the finger and the test would be done quickly, off just this painless pin prik, and then you would be able to diagnose a bunch of conditions from that. And that was pretty transform tiff, if it was achievable, if the company could do it, it really meant big changes in medicine and in the Laboratory Testing industry. So the vision was a powerful one that a lot of people bought into. But again, the people who invested early knew they were facing a young lady who had just graduated and who might fail as most entrepreneurs in Silicon Valley failed. We conclude with amy adams. She spoke to a. O. Scott at the New York Times about her two new films, arrival and Nocturnal Animals. Im definitely hard on my
Theranos with John Carreyrou and Michael Siconolfi of the the wage wawj. She came out of stanford with this vision of trying to revolutionize medicine with blood testing that would be done on very small samples of blood, either priked from the arm, at first prked from the arm then priked from the finger and the test would be done quickly, off just this painless pin prik, and then you would be able to diagnose a bunch of conditions from that. And that was pretty transform tiff, if it was achievable, if the company could do it, it really meant big changes in medicine and in the Laboratory Testing industry. So the vision was a powerful one that a lot of people bought into. But again, the people who invested early knew they were facing a young lady who had just graduated and who might fail as most entrepreneurs in Silicon Valley failed. We conclude with amy adams. She spoke to a. O. Scott at the New York Times about her two new films, arrival and Nocturnal Animals. Im definitely hard on my
The regional fed banks said companies in their district had trouble filling low in retail and construction and also hire skilled jobs in engineering, accounting and information technology. Wage growth remains the big question mark given the fact increase ad an an increase in Hourly Earnings per at which pressures were stronger in new york, st. Louis, minneapolis and san francisco. In the industries where labor is tightest, kansas city and st. The fed beige book is about anecdotal information. It is highly anecdotal, which is why the fed leads us grasping at words such as modest and moderate. Donterical terms come we know what that means. That is the point behind this report. The few gaps here and there, the anecdotes signaled that the domestic economy is gaining strength. Improving. We see that in prices and wages and Economic Growth. It is only the domestic picture it does not say anything about what is happening outside the country. The external risks the fed has highlighted. That is
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