Tech stocks underperforming today, pulling back more of mondays gains or giving up mondays gains, i should say, still on pace for a positive week 59 minutes left of the session, exactly down. 5 , sarah. Weve got a big lineup coming your way National Economic Council Director larry kudlow will join us to talk about the stimulus negotiations and any Economic Impact there. John shrewsberry of wells fargo will be with us and well talk to David Malpass and the race to fund Vaccine Development around the world. First off, though, lets get straight to the big stories were watching mike santoli is watching the market pullback. Rick santelli has the bond report but lets start with mike santoli. Big tech and momentum growth that have been running pretty hotly. This modest payback mode for the prior few weeks. Lows for today were right exactly where the s p closed on friday essentially made this roundtrip a couple of times, trying to bounce off of them yes, if you look at energy, look at pure val
News cribber john solomon are here, joining me in the you 8 0. Earnings season rolling of on. Big banks on deck this morning. All the numbers as soon as they hit the tape and impact on markets. Broader markets pointing to a gain at the start of trading, dow industrials up 84, nasdaq up 28, the s p 500 up 10 o 10 poin. Yesterday stocks were sluggish over weak Quarterly Earnings and halted covid19 vaccine trials. At the end of the day, the s p 500 was lower by 22. Shiny now apple, the Technology Giant unveiling four new iphone 12s ss for your convenience. Coping tips from outer space, astronauts have isolation advice for the weary public and its making a buzz this morning. Mornings with maria is live right now. European markets in the green, take a look. The fq100 up 14, the cac is up 1 andahalf and the dax index higher by 15, fractional moves this morning in europe but to the upside. A mixed story overnight in asia, as chinese president xi jinping is calling for young People Living in h
We are going to go straight to the white house when the News Conference happens. Meantime, talking about the magnetic pull. Yes, wall street charts are all over the place. Right now the downside is winning out. We have stocks sinking deeper into the red. Dow jones industrials down 264. Look at the nasdaq, down 155. But major swings here. We are watching this market very closely because we have been well into the green earlier. Meanwhile, the economic cold war with china still simmering as the Trump Administrations deadline for a tiktok deal is now five days away. The u. S. Ambassador to the United Nations is here in a fox business exclusive. She will share her insight on the china issues, the Russian Election interference and the iran nuclear deal. Again, this is a fox business exclusive. By the way, bridgewater, big hedge fund, ray dalio just made comments before the new York Economic Club about china as an investment. I will let you know what he said. Get your bets in. The nfl kicks
We havent seen for quite some time i can deal with two, three, i dont know eight if it is going up for the right reason it has been good so far there is a lot of floating rate stuff around tensions in hong kong escalating overnight. A flash mob. More than 1,000 people wearing office clothes and face masks blocked roads in the Central District as police fired tear gas as well as at two University Campuses carrie lam said that the protesters are selfish well continue to monitor the updates as they come in. Thats after yesterday when she said they are her enemy. Enemy of the people i think i am as a member of the media. Although not comfort as a member of the Mainstream Media. Am i really part of the Mainstream Media yes hello. An update now on the controversy over the apple card. Goldman sachs denies gender bias but says it will reevaluate those who received lower credits lines to begin with. It may be because existing cards could be combined with a spouses account leading to lower avail
Gilroy garlic festival. You might remember three people died in july in shooting. 17 others were shot. There were metal detectors here at the entrance at Christmas Hill park and a fence around the perimeter but the gunman, were not naming, bypass the security measure and got in with an ak47 that he purchased legally in nevada weeks before the shooting. We did reachoit to the Gilroy Garlic Festival Association and this is what the Statement Reads on the website. The gilroy garlic festival has brought our Community Together and united in honoring those lives who were lost and forever changed by the tragedy on july 28th, 2019. Were deeply grateful for the ongoing support of our volunteers and vendors and visitors as we look forward to gilroy garlic festival 22 in july of 2020. The chamber of commerce declined comment and those that gathered donations for the victims and mayor none responded to our request for comment. At this point this is the only lawsuit that is filed related to the gil