They have a plan to remake america, im going to go in depth with the fascinating story of one familys efforts to escape socialism. Its a cautionary tale for your family. All that and so much more on making money. Charles one hour to go before the closing bell. It looks like it is a story thats interesting because before the open, it looked like it was going to be a down day for the market, right . The tenyear yield was breaking down bigtime. Anxieties about a slowing economy of course were being talked up. The coronavirus cases continue to mount up. Drug Company Gilead reported more success with its covid19 treatment remdesivir that immediately turned things around. Potential vaccines. Even with cases rising each day, elected officials making judgments, i think the factor has not factored in the notion that the states will ever go back to fully locking down. It looks like the market sees two choices, treatment or vaccine or over time herd immunity. Thats keeping a floor under this mark
Edward lawrence in washington, Hillary Vaughn and hershey pennsylvania and gerri willis. We will start with edward and the latest from the president. Right now the president is on his way to a high dollar fundraiser in southern florida, the ceo is holding a fundraiser at his house, the president making a lot of news today the president will not go to New Hampshire tomorrow, his rally has been postponed because of hurricane or Tropical Storm fay there concerned with the wind in the president on air force one also talking about china, he says he is very concerned, the damage in the relationship has been severely damaged according to the president between the u. S. And china because of their actions that led to the spread of the coronavirus. He believes that the president has too many other things on his mind to worry about even talking about a phase two trade deal with china, he is moved on from that in the president did address the economy. We will have a great third quarter, thirdquart
Hsi case in las vegas. We took down the hollywood clique which operated not only in nevada but also in california and in the Eastern District of new york, again long island. And we took down 21 members and the leadership of that organization. And then finally, these are the new york indictees. Finally i announced that we are going to seek the Death Penalty against alexi sayans, who is a leader in the Eastern District of new york a leader of ms13 there. The president made a trip to brentwood, new york, earlier in his administration and he met with the families of victims that had been killed by ms13, including the family of two young girls who were butchered with machetes. The person that we are seeking the Death Penalty against was involved in those murders as well as the murder of two africanamericans who they, who they just saw in the street and thought they were from a rival gang and just butchered. Those are the actions were taking. There is more coming as we target the leadership
Is the overall market. This is really helping. The dow industrial will open with a 500point gain. We were up 500 yesterday, youre up about 1100 points in 24 hours. The s p to the upside big time and the nasdaq up 76, it is a rally. Travel related going straight up as well, if there is a vaccine that works, people can take it and be safe on planes and cruise lines, we could get out and about more on a mass scale safely. Backtoschool might get help as well from the vaccine news. Hold on we are not done with big winners. Apple one a 14 billiondollar tax fight with europeans. They won, that stock is back almost, its at 394, 395 a share. Straight up this morning. Goldman sachs a big jump in profit, watch the stock grow. If the dow stock helping overall market. Your money is often running, we will have a grand old time following it for you. That is not all on the show, trump guy one in alabama beating Jeff Sessions while a wide margin. He will be on the show. Joe biden reveals his economic p
No more. What will the new name be . I would love to hear from you. That and much more on making money. Charles we begin with a fox business alert, folks. Big changes in the richest people list. Elon musk has blazed past Warren Buffett and timing could not be better, more reflective of a world and business stock market. On the one hand, you have brash, cocky, impatient elon musk, who wants to conquer underground, aboveground, wants to travel to outer space to make peoples lives different for people on the planet. Extremely patient Warren Buffett, oracle of omaha, his investments are in daily hab business. Both are folk heroes for millions. It is about the conventional wisdom and naysayers which has a whole new crop of investors in the market saying same thing. Experts are complaining about everything from central bank policy, trailing price, earnings ratios while missing the rally. Millenial investors looking for ways to invest in the stock market. They are buying things they believe i