See in oil or gold. Maybe things arent all that bad in the underlying real economy, particularly when it comes to china. Coming up later in the hour, we l look at out the china look at the fallout of chinau. S. Tensions. Adc drama is intensifying. Avestors weighing contentious battle over the now Vacant Supreme Court seat. We want to bring in chief austin correspondent Kevin Cirilli for more. What do investors need to watch chief washington correspondent vin cirilli for more chief washington correspondent Kevin Cirilli for more. What do investors need to watch for . Kevin this is going to take up all of the oxygen in the room before the election. Things like fiscal stimulus, continuing resolutions, other potential nonpartisan issues to likely get across the finish line before the end the month, all of the focus instead is going to be on the Supreme Court battle. Judge amyont runners, coney barrett, as well as barbara le goa barbara lagoa. He says he wants to pick within the next couple
The hearing was set before the bank agreed to pay 4 billion. The race for tiktoks assets aress the globe sees we told its been talking to geo platforms. We do have some breaking news crossing the bloomberg. Current account numbers coming through. We are getting the july current account surplus coming in at 7. 5 billion u. S. Dollars. The trade surplus sitting at 6. 9 7 billion in july and we are watching out for some other developments coming out south korea today. Highlevel officials of the Ruling Democratic Party and the government will be meeting to discuss a second cash handout and potentially a fourth extra budget according to local mode media reports and we are expecting perhaps an announcement when it comes to the social distancing measures as well as the coronavirus update to come. Lets take a look at the fed when it comes to the markets. It was a fallback overnight when it comes to u. S. Stocks and driven by a correction in the highflying tech sector. We saw u. S. Stocks falli
Power lunch starts right now. Welcome to power lunch. Hi, everyone. In today for kelly evans. It has been a long road back, but the s p 500 right now is near those record highs from february. About 1. 5 away. But as the nasdaq lags the browder market, check out some of the cloud names under pressure. Cloudflare, dropbox, zoom, and docusign. And you can see these moves playing out the industrial sector slee sector is leading the way as is energy. Tyler. President trump signing a number of executive orders over the weekend to expand relief efforts amid the coronavirus pandemic. As congress failed to get a deal done. Steve liesman looks as what the impact of these executive orders could be. The president s orders over the weekend getting mixed reviews today from economists. In just the past hour, jp more conpublished a report saying, quote, the executive orders could reduce the urgency for congress and the white house could get a more comprehensive deal done. If this is all we get for a f
Regarding microsoft. Some people did not like the quarter but now we have something that puts them right it not passing in terms of the growth google and facebook among a certain demographic that people want which is the 18yearold demographic. I go on tiktok and there is a good one right now about Federal Express delivering packages versus u. P. S. Versus the post office david, your kids may like it at the same time, its got a lot of viewers it does 80 million here in the states. Yes, one of mine does typically it does skew more female than male and the other one doesnt but this is a fascinating situation, guys, for any number of reasons unlike anything i can recall having seen in part because the government is so deeply involved inbasically dictating the potential sale of a business to one company. And it really ends up being one company. You know, as you guys know, ive been following this to a large extent over the last few weeks and it was a difficult thing to imagine. How would go
We hear you. And we stand with you. We are steeped in the good evening, america. Im katie britt, and i have the honor of serving the great people of alabama. But tonight, ill be auditioning for the part of scary mom. And ill be performing an original monologue called, this country is hell. You see, im not just a senator. Im a wife, a mother, and the craziest [ bleep ] in the target parking lot. First and foremost, im a mom. And like any mom, im going to do a pivot Out Of Nowhere into a shockingly violent story about Sex Trafficking. And rest assured, every detail about it is real, except the year, where it took place, and who was president when it happened. And tonight, i am not just responding to the State Of The Union, i am also selling these bejewelled cross necklaces. Kitchens are where families have the hard conversations, like the one well have tomorrow about how mommy freaked out the entire country. To the American People who are struggling right now, know this, we hear you. We