Notches a record close. We are up 162 points, much more than we needed. The s p up 15 points. The nasdaq up by 41. We are looking good right now. We will take all of this up with our floor show guys. Also coming up in just a few moments, weve got Philadelphia Fed president and ceo Patrick Parker who will sit down with Edward Lawrence to discuss his historic vote to change the feds inflation policies. The cleanup from hurricane laura in full force across the gulf coast as Power Companies work to turn the juice back on for folks down there. We are going to go live to lake charles, louisiana to get an update. And the one company is helping some of the biggest corporations in the nation return to work from the coronavirus pandemic in a safe and touchless manner. We will introduce you to the ceo of envoy. This is a fox business exclusive. Coming up, less than an hour to the closing bell and im Cheryl Casone in for liz claman. Lets start the claman countdown. Cheryl well, forget apple. Forge
More than 2 and the s p and nasdaq at more than 3 a piece for the week and the s p and the green, five weeks in a row and that the longest winning streak since december, the dow on track to have for august since 1984. So the run keeps going for stocks, we will talk a lot about it, number of stories were covering with fox Business Team coverage, edward lawrence, blake berman, sit down jerry, we start with edward in washington. A quick flight back to jacksonville, part of the gains that we saw here in the markets could be related directly to the Federal Reserve and the action that the fed took yesterday, the Federal Reserve president said its an evolution, not a revolution specifically related to averaging to achieve the average of a 2 target in an inflation, the Federal Reserve trying to see if they can make things average about 2 , theyre saying that the people will not see the prices of the things that they buy jump noticeably, what theyre looking for is the price stability, less than
395000 total confirmed cases indias Prime Minister declared a 21. 00 day nationwide lockdown extending the restrictions to the entire country of 1400000000 people countries across europe are also looking to extend nationwide lockdowns deaths are declining in italy for the 2nd day in a row offering a glimpse of hope italy had a world record death toll of about 793 on saturday that number declined to 601 on monday in spain things are worsening as the death toll jumped by 514 in just one day now according to data and nearly 14 percent of spains total reported cases are Health Workers but on a positive note Emergency Service workers gathered outside the hospital clinic in barcelona to join in cheers as Police Officers led a tribute for Health Care Workers as they issued a desperate plea for the public to stay home the u. K. s Prime Minister boris. Onsen announced rustic measures for the british people to stay home while also highlighting the countrys state of the art resources is a crucial
Clothing so i can see your real faces. But in my heart you are the loveliest people in the world so what you should do now is to firm up confidence lets firm up our confidence together we will definitely win the battle. And well win and china will win. Meanwhile iran struggling to contain the spread there have been more than 7100 acted and at least 237 people have died that number is believed to be much higher now unlike italy and china iran has not placed anyone under quarantine the u. S. Is also working on how to combat the spread of the virus and Vice President mike pence announced Insurance Companies have now agreed to cover copays per coronavirus testing. Please you reported as you requested mr president the Insurance Companies here. For today. To waive all copays and coronavirus testing. Extend coverage for coronavirus. You know your benefit plan and your medicare and medicaid last week already made clear to Medicare Medicaid beneficiaries that coronavirus testing and treatment w
Making that personal data public. Hello there is just gone 9 in the morning here in moscow youre watching r. T. International now the u. S. Secretary of state mike pompei o has announced that washington will impose sanctions on irans for Nuclear Facility that after taran said it would use it to enrich uranium the site had previously been subject to u. S. Sanctions waiver pompei was to reiterated his support for the ongoing protests in iran a stance around though has slammed his hypocritical United States will terminate the sanctions were related to the Nuclear Facility at fordo people enjoy a Better Future when their government begins to respect. Basic human rights abandon its revolutionary. Posture and its destabilizing Foreign Policy in the region to be simply like. If you strange the United States and its officials who have committed the greatest of crimes by imposing much pressure on the toughest sanctions on iran communicating to the iranian people that they support these protests