Market watchers coming up. All that and much more on making money. President trump i shut down talks two days ago because they werent working out. After that, we got back, both sides very capable. We got back, we started talk again. Were talking about airlines and bigger deal than airlines. Were talking about a deal with 1200 per person. Charles well those stimulus comments by President Trump helping boost the market today until nancy pelosi said there will be no airline help without a bigger bill but talk needs to translate into action between both sides that has to happen fast before something, certainly before the election. So what is going to happen . I will bring in now Tennessee Republican senator marsha blackburn. Senator blackburn, we heard, we had a great lively interview with President Trump this morning on our network. It is pretty clear he wants to get something done and something done immediately. Whats the latest right now . We know that the president does want to get som
Emergency use authorization to a new virus treatment using plasma from people who already had over 19. Its called convalescent plasma, it reduces the rate significantly in one big study. Investors love the positive news on the virus and with new cases in america trending firmly down we have a monday morning market rally, the dow industrial is up 270 points, s p up 28 and look at that nasdaq, were looking at again at well over 1 , 123 points for the nasdaq. This is very much a big tech rally all over again. Apple stock premarket, well above 500 bucks, Morgan Stanley says it will fight 20, 30 at 512 getting there fast. Look where it is now come up another 75 bucks, 2125. Will bring you the rest of the big tech news and a moment. Just as the republicans began their convention, joe biden brings blockbuster news about the virus, he told abc news that he would shut the economy down all over again if the Scientists Say so. If the Scientists Say a National Lockdown would save lives. Thats what
We have all that and big show on making money. Charles stocks edging a little bit lower today as the street awaits whether we get more stimulus injected into this economy. Of course the reopenings are underway. A lot of Small Businesses need the aid. That is a big contention. Investors got a big bump when the ecb expanded their asset buying program, additional 600 billion euros, a lot more than anyone thought. Now it is 1. 35 trillion euros. In case you missed it here in the United States, we have folks, witnessed the greatest 50day rally in the stock market. People are wonder something this still a bear market rally . We have waltzer Wealth Management president , rebecca walser. Go back to march 23rd, someone says over a brew, next 50 days we set records to the upside, you say, come on. Maybe we were oversold but magnitude of this reversal has been mindboggling. It has, charles. It has been great. This is what we need, we need a rally to encourage the american investor to take a breat
Executive order targeting social Media Companies at the white house. Were waiting for that as well. Fox Business Team coverage. Blake burman with the latest from the president. Lauren simonetti watching markets. Hillary vaughn and Edward Lawrence in washington. Lets kick it off with blake. Reporter hi, there, connell and melissa. What is important what is happening right now in the oval office with President Trump as it relates to this executive order and social Media Companies is, that the attorney general bill barr is there. So you have got President Trump, the attorney general and as we are going through the notes here as this is happening, what the administration, the president and his ag, are taking aim at is section 230 of the Communications Decency act. It appears as if as well that the president according to the notes is going to try to insure somehow that taxpayer dollars necessarily dont flow into these social Media Companies. That we await to see the exact comments that the
A text with send us your first name, city and state at 202 7488003. Facebook twitter and to post your comments. We will get to your thoughts in a minute. How was your governor doing . According to a New Washington post poll, governors are getting high marks for their responses to the coronavirus outbreak. With 72 saying their governor is doing an excellent or good job. 26 saying the governor is doing a not so good or poor job. Compare that to the federal government, 49 say is doing excellent or good, while 51 give the federal government low marks. President trump gets 44 of excellent and good marks. 54 say the president is not doing a good job in responding. How do you rate your governor . Lets begin with alabama ivey. Nor kay [video] they are all eager to open up. The comment is we are alabama. A challe testing is a challenge for them as well. We cant fully reopen the economy but we are working together and sharing ideas. Some states are opening sooner than others but every governor i