Liz let me be clear, hes right, the fed moves the markets. Stocks thank you, charles are stinking, are sinking think kind of are stinking [laughter] as big tech selling of apple, amazon, facebook offsets j js vaccine, theyre not able to lift up this market. The dow looking at its fourth losing day in five. We are down 465 points, low of the session down 475 or so, so were just about there. S p is losing 66, the nasdaq hitting a new correction low, down 291 points. The nations top pandemic fighters from the fda to the cdc and more testifying on capitol hill just one day after american depths from the coronavirus deaths from the coronavirus trooped 200,000 topped 200,000. Well take you to d. C. For all the drama. Meanwhile, one tech company that helps americans get cheaper Prescription Drugs making its debut on wall street just hours ago. The coceo of good rx is here for his instant to his stocks day one pop and what he can promise, he says, without any help from washington d. C. And a p
So were keeping a close eye on that. We have David Rubenstein joining us from the carlyle group. He has a great book out about Technology Giants who lose their worth after they get over a billion. It is gravy apparently after that according to him. Well get the latest on new york city. We know the possibility restaurants there will be closed through the end of the year. Now word that schools will open up but not for another couple weeks. It was supposed to happen by the 10th. Now pushed back to the 20 first. Even that looks kind of dicey. The big apple and all the problems apparently cant stop. It feeds on itself. Back to the major story, the lead story, the president of the United States going to kenosha, wisconsin. Normally president s when they hear local leaders are complaining they dont want to see them they back off. Not this president. Not this time. Mainly because not all local leaders feel the same way. Well talk to one congressman who welcomes the president. Says the city and
Us and Edward Lawrence in d. C. Grady, we heard from the president at the roundtable. Youre on the move from the outside. What is the latest from kenosha . Reporter a lot of supporters for the president were here this afternoon and got a glimpse of him as his motorcade went by. They largely thinned out, is a handful of protesters here in the park as well as at the courthouse. This is the backdrop to the president s visit today. He toured the damage, met with local Business Owners, several of whom lost everything in the rioting of last week. He also had that roundtable with Law Enforcement officials. He thanked them for their help. He offered help to other cities like portland and announced one Million Dollars to the Kenosha Police department and 42 million to Law Enforcement agencies across wisconsin. He praised them for their work here, getting a handle on the situation in kenosha. Listen. President trump these gentlemen did a fantastic job working with the federal government. It was
Meanwhile, argentina is slashing the amount of u. S. Dollars its citizens may buy. Global news 24 hours a day, onair, and tictoc on twitter, powered by more than 2700 journalists and analysts in over 120 countries. Im Mark Crumpton. This is bloomberg. It is 1 00 in new york, 5 00 in london, 1 00 a. M. In hong kong. Im vonnie quinn. Welcome to bloomberg markets. From bloomberg World Headquarters in new york, here are the top stories we are following. Extension granted. The eu agreed to a threemonth delay for brexit until january 31, removing the scenario of a new deal split thursday. Speaking of halloween, fangs will be sinking their teeth into markets this week. Alphabet, facebook, and apple will report. And bring on the bling. Buy is offering to tiffanys, the iconic new york jewelers, for 14. 5 billion. Lets get to abigail doolittle. Record highs for both the s p 500 and the nasdaq 100. The first since july investors bidding stocks higher on a wave of macro uncertainty being lifted ar
State. You can see right here, the sena still locks down, we did talk to two students who did not want to be identified who said they were at the party. It started with, between two men and two women in some sort of altercation and grew into this huge brawl. They heard one single gunshot. But they never saw the shooter. Several san jose state students host frequent parties here. But fridays latenight gathering in between two Apartment Buildings at kennedy hall turned deadly. These photos were captured by one student who did not camera. Another student wishes to remain anonymous and tells us he was at the party and scifi break out between a few men and women that quickly turned into a brawl involving multiple people. He heard a single gunshot go off. San jose police say around 2am saturday officers were called to the apartment complex and found one man with a gunshot wound. He later died at the hospital. The Homicide Investigation shut down the 500 block of south 10th street all morning