Growth rate and job creation, now if you put the fed statement and higher jobless claims together, thats whats pushing stock prices down this morning. Look at it. The dow is off about 100, s p 60, nasdaq about 31, more on that in a second. All right, did you watch night 3 of the Democrats Convention . It was hate trump night. Speaker after speaker layed into the president in personal terms. He gets the blame for everything. Seems to me like the democrats have not gotten over their loss 4 years ago. The president was live tweeting all the way through. We will show you both sides of this, of course, but seems to me like all of the democrats have is hate trump. Varney company is about to begin. Stuart look at the red ink on the markets, first of all, down across the board but not that much. Lets get right at it. Larry kudlow, director of Economic Council at the white house. Larry, negatives this morning. More than 1. 1 million jobless claims, the fed says the virus is hurting growth, back
[screaming] gentlemen, will you please rise while i administer this. Raise your right hand, please. Do you solemnly swear that you will support and defend the cost constitution of the United States and the constitution of this state against all enemies, foreign and domestic . That you will bear true faith and allegiance, that you take this obligation freely without any mental reservation or purpose of evasion . That you will well and faithfully discharge the duties on which you were employed . And do you swear you will not abdicate nor are a member of any Political Party or organization that advocates the overthrow of the government of the United States, or of the state by force or violence . If you agree, it answer i do. I do. Be seated. Gentlemen, i wish to congratulate you. I also wish to thank your families here today, for supporting you in applying as patrolmen recruits for the cincinnati police. At this time, i would like to introduce your chief of police. Privilege to extend gre
Gentlemen, will you please rise while i administer this. Raise your right hand, please. Do you solemnly swear that you will support and defend the cost to ship of the United States and the constitution of this date against all enemies, foreign and domestic . That you will bear true faith and allegiance, that you take this obligation freely without any reservation or purpose of evasion . That you will well and faithfully discharge the duties on which you were employed . And do you swear you will not abdicate nor are a member of any Political Party or organization that advocates the overthrow of the government of the United States, or of the state by force or violence . If you agree, it answer i do. I do. Be seated, gentlemen. Gentlemen, i wish to congratulate you. I also wish to thank your families here today for supporting you and applying as froman recruits for the cincinnati police. This time i would like to introduce your chief of police. It is a privilege, indeed, to extend greetin
Claims. 1. 3 million last week, and that is the 15th weekly decline, so the downtrend continues. However, 17 million are still unemployed and still collecting benefits. Ive got two big tech stories for you. First off, the twitter hack. Fake messages appeared from big name celebrities. It was a bitcoin scam. The important point is the hackers took over the platform and could have sent out messages to disrupt the market or the election or anything. They showed they could do it and that is a huge problem. Stocks way down. Second tech problem, the top court in europe will restrict the transfer of the personal data of europeans to american companies. They are worried about our surveillance of them. This could severely disrupt big tech operations and big tech stocks are down. While stocks generally are moving lower, especially those technology issues, the dow, we are looking at a minus 180 at the opening bell, down 21 for the s p and really, the nasdaq taking it on the chin. Again, technolog
Department and its support by the public is at stake. In the balance is the preservation of law and order it self. Gentlemen, will you please rise while i administer this. Raise your right hand, please. Do you solemnly swear that you will support and defend the cost nstitution of the United States and the constitution of this state against all enemies, foreign and domestic . That you will bear true faith and allegiance, that you take this obligation freely without any reservation or purpose of evasion . That you will well and faithfully discharge the duties on which you were employed . And do you swear you will not abdicate nor are a member of any Political Party or organization that advocates the overthrow of the government of the United States, or of the state by force or violence . If you agree, it answer i do. I do. Be seated, gentlemen. Gentlemen, i wish to congratulate you. I also wish to thank your families here today for as aorting you in applying you patrolman for the cincinna