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First Vice President ial debate. What to expect, coming up. Markets are higher, take a look at futures, a gain in the triple digits this morning, the dow industrials up 129 points, nasdaq up 43, s p 500 higher by 13. This after markets fell yesterday after President Trump walked away from the stimulus talks with Speaker Nancy Pelosi. The president tweeting no more stimulus talks until after the election. Causing an afternoon reversal. The dow industrials down 376 points at the close, the nasdaq lower by 177 and the s p 500 down 47. Briefing bracing for impact, hurricane delta churning toward the gulf coast now, some Southern States declaring a state of emergency. Raining reining in big tech, lawmakers weighing whether or not top tech firms should be broken u ....
Deadlocked on stimulus we know the economy needs more stimulus, certainly pockets of it do. Does the stock market, though . What is if it doesnt happen im not sure if the stock market is pricing it in, happening right now. I mean, theres no scoreboard that i can tell you definitively its being priced in, but i dont think its in there. So if you do get something, i think it will be good for sentiment and it will probably lead to new highs, but if you dont, independent nm not sure as wbig of a disappointment as i would have thought six months ago. A lot of works continues to work, ive been talking about the housing stocks all year. Lows in particular in that index, low looks prime for a mega breakout, about to take out previous resistance, put that one on your radar. And then theres leadership from energy today, which is kind of weird. We were looking at some of these names and exxon could double from where its trading right now and still be negative on the year thats how beaten up this ....
Else, stimulus optimism. Pelosi and mnuchin are set to speak again. Airline stocks are up. Plus the race for a cure and treatment for the coronavirus. Shares of regeneron and eli lilly are rallying, both asking the fda for emergency use approval for their antibody therapies. And speaking of surging, look at shares of ibm this morning, moving up on plans to spin off its it infrastructure unit Arvind Krishna and Ginni Rometty will both join us first to discuss this historic move for the company. Carl we are awash in headlines from the president after this 55minute interview. But buried in there are discussions about the progress of stimulus talks and emergency approval for the likes of lilly and regeneron. Look, i think that there is a narrative that were going to start hearing and it was the president s narrative, he voiced it, i know if youre george ancopolous, you dont want t ....
With more on the crackdown, hey, wilson. Reporter well, look, ite ofa cruz get their beaches back. This is a new arrangement. It comes after the county opened the beaches up previously. This is a new arrangement that some people are simply not real happy with. You know, i miss the beach and i really feel that if people are acting, you know, within accordance of social distancing and staying far from each other, i dont see the point in staying off the beaches. Reporter on a perfect afternoon to be on the beach, you had better be getting in or out of the water. Even people who looked like they might be going swimming were stopped today. Yes, its difficult. I think because were trying to obey the orders in place and help flatten the curve, but at the same time its difficult when your Outdoor Access is, you know, indefinitely cut off. Reporter not for surfers, of course, that continues. But the sand was off limits to the people and do ....
Well thanks for having me on. You know this is its not an opportune time to start to defund any efforts at Public Health i think that should be hopefully obvious to most people you know donald trump is no fan of Global Institution and i think he certainly would want to take steps to make sure that blame is placed didnt places other than where he is im not suggesting that the w. H. O. Did its job perfectly here i think the weather today b. H. O. The c. B. C. Or anybody else plenty of blame to go around but in the middle of a crisis to take the feet up the street that you need in the middle of a global epidemic doesnt make a lot of sense to me was the obama admin and what the Obama Administration is you know would have been prepared for this. Well look its hard its hard to prove a negative i think i think id say 2 ....