Europe here. We initially saw quite a negative story coming out of europe. In the United States, maybe some stimulus talks helping propel the story a bit higher. The s p up by over 1 . The euro has come back. It is still negative on the day. We did have a 1. 16 handle. We now have a 1. 17 handle, but we have seen continuing dismal inflation data out of the eurozone. Yesterday was germany. Today it is france. A 0. 6 print. We get the final number friday. Alix totally different from the u. S. , in that we are able to generate some inflation. Christine lagarde with her strongest signal that the ecb will change its goal. She said it may be worth examining a strategy that allows inflation to temporarily rise above the target rate, similar to the feds shift. We need to thoroughly analyze the forces driving inflation dynamics today, and consider whether and how we should adjust our strategy in response. The anchoring of fixed rate expectations might have loosened. The wider discussion today i
We will have the latest on that well tell you what to buy heading into the final strep of the your palantir just began trading. Alex karp will join us in a couple minutes for a first on cnbc interview more power lunch starts right now. Hi, everyone first two big public debuts. Palantir just began trading moments ago, and asana opening up higher as well, plus starbucks higher as counsel upgrades the stocks, saying its actually a good thing for the company. The chip maker micron is lower after reporting earnings yesterday. You can see shares taking a hit, down about 6 . Brian, over to you the idea if we get a democratic sweep of the white house and congress, fiscal stimulus could be very generous for a very long time also noted the thought we might be getting closer to a new round of coronavirusrelated relief, so lets get to ylan mui with the latest on the negotiation. The ylan brian, the treasurysecretar is meeting right now with the speaker of the how in person in one last push to try
Thank you very much. I was just talking about a thawing for the markets. Yes, earlier today, we did hear that of course, stimulus talks would be in play and that we started to hear some Smoke Signals between nancy pelosi and of course, we were talking about trillions of dollars could possibly be pouring into the economy. Shes speaking with treasury secretary Steven Mnuchin. But apparently now Mitch Mcconnell as he just heard is pouring cold water on that, or maybe hot water because we were starting to see some real action here. Now, movement on a spending deal quickly erasing at least the bad taste in some of the mouths of some investors after last nights debate performances by President Trump and joe biden. Fox businesss lou dobbs calling it the worst debate hes ever seen. Lou is about to in join us live. Hes been crafting his unique debate analysis. He will give it to you even before he gives it on his own show tonight. Stay tuned. Hes coming right up. Meanwhile, this latest Silicon
Gaming stocks load why . Plus Cyber Security from palantir making a big splash in its public debut and later on, your call of the day. One top analyst says that stock right there is one of the best growth stories in retail you know what it is . No, you dont. Maybe you do were going to bring you that name ahead. Good evening, everybody. Wow. What a start to september. Ov overall i should say a september to forget. The s p 500 capping off its worst september in nine years. But for the quarter, we actually had some pretty good numbers the s p 500 gaining about 8. 5 this quarter leading the way Consumer Discretionary, materials and industrials, rounding out the pack notice whats not on there . Technology the sector that posted a loss this quarter, the only one energy, which slid 20 so with q3 now in the books, guy adami, in a quarter with more ups and downs than action park, what do you make of the setup for the Fourth Quarter by the way, brian, great to have you here. That action park, th
Speaker pelosi and secretary mnuchin set to talk this morning after House Democrats roll out a new scaled down pandemic aid bill and calling it a propagator of disinformation, why the Biden Campaign is blasting facebook ahead of tonights president ial debate jim, david, good to see you guys, welcome back im taken aback, jim, by your tweet a moment ago about stimulus and sort of a fatalist i can view of what the restaurant sector is facing in this country. I will be candid, we ran out of ppp about three months ago, some of us have just decided to pay lots of employees to do nothing and its been its done they had a chance. I think they made a decision that you would have to keep these people on until we had a vaccine, so Neither Party agreed to anything and its too late. Theres nobody to give ppp to for the most part in restaurants except look, the winners were darden in the Small Business side, we know that they were viewed as nonessential, they never snapped back unless they had someth