The nasdaq is testing the lows hit during last weeks threeday selloff that sent it into a 10 correction. Any more than a 206point loss for the nasdaq and we right now are down 212, so yes, we are now deeper into that correction territory. We knew the pandemic absolutely crushed the travel industry but now booking holdings, forced to take a draconian step ahead of the Holiday Travel season in order to stay alive. The ceo of booking is here to tell us if hes at least starting to see a shred of light at the end of a very long lockdown tunnel. Plus we are on the ground in florida after the aftermath of Hurricane Sally. A money manager to sports star shares his covid stock picks. And new evidence of a coming coronavirus foreclosure disaster. Less than an hour to the closing bell, lets start the claman countdown. Liz weve got to get to the hottest software ipo of all time. It is now getting iced over, with about 59 minutes left to trade, take a look at snowflake, falling hard after yesterday
Getting a little tiny speedbump as we headed to the final hours of trade, we are seeing a tiny bit of profittaking, nasdaq down 18 points but this is after the index with names to an alltime intraday high, maybe charles will be right if they get back up there. The dow and s p 500 continuing to trail along for global stimulus efforts, the dow at 281 but with a few days left on the clock, topper Administration Players are running a full court press in the halls of congress to follow in the footsteps of the European Union which reached in a historic covid stimulus to overnight. As we say on the countdown theres always trades to be made. The top stimulus stocks the floor show says can juice up your portfolio. Top redhanded, just hours ago the Justice Department making official, two Young Chinese hackers now formally accused of covid espionage. Attempting to steal research from the u. S. Biotech that are trying to rush to develop a vaccine. We have a fox business exclusive with the ceo biot
You can see 87 points. Bernie sanders is the front runner for the dems, does that mean that chance of broken convention are going up, democratic insider robert wolf will be here to game it all out for us, the deadly coronavirus playing havoc as the consumer economy chugs right along, oh, yeah, less than an hour to closing bell, im Ashley Webster in for liz claman; lets start the claman countdown. Ashley well, lets get some breaking news right at the top here, u. S. Jury on friday has found Michael Avenatti guilty in criminal trial accusing the celebrity lawyer of trying to extort nike out of millions of dollars and to defraud a youth basketball coach that he represented. The lawyer was all but unknown until 2 years ago when he began representing the adult film actress Stormy Daniels in lawsuits against President Trump and making hundreds of television appearances. Lets get back to stock news, smile direct club by the way plunging after an nbc news story that ran that listed complaints
Now, theres nothing you can do anymore. Movie theater shootings giving people who enjoy the big screen reason to think twice. Its very disappointing. Thats the only place that we can take our kid sometimes, like today. Todays shooting in ining cy two weeks after the shooting in louisiana. Its a little more scary. But people do it every day. Youve got to hope youre with a normal crowd and no one is going to do anything crazy. Releasing a Statement Today saying whether it is churches, schools, malls, theaters or other public places, people have the right to go about their lives in peace and safety. A recent poll conducted by the development says people want tighter security but not many are willing to pay extra for it. General manager in oakland has no plans to increase security, at least not yet. There will come a time possibly very soon when police will have to consider installing metal detectors in all theaters. Now, a theater shooting in tennessee. Police say the gunman walked into o
Report. So many States Affected by this. Lauren lyster is in florida with a look at the conditions right now. Reporter good morning. The center of the storm is now just 50miles off the coast of florida. The category 3 hurricane packing 120mile per hour winds and we are feeling its impact kicking up here with major gusts, pelting rain and all power getting knocked out. Hurricane matthew barreling toward florida. The intensifying as the eye of the storm pummels coastal cities. Overnight violent winds along the beaches, gusts in some places clocking in at above 70 Miles Per Hour. The storm bringing the look and sound of fireworks in the form of downed power lines, thousands facing outages. Officials fearing up to 3 million may end up in the dark. The National Weather service saying matthew will be unfortunately this is going to kill people. Reporter already it has. Matthew taking the lives of more than 100 people as it swept through haiti. The death toll there is skyrocketing as the flood