Sell, sell, sell, sell it is a mistake to sell. This president hates being blamed for lower stock pric pri. The negotiation yesterday, you have a second tweet storm where he reversed himself or offset some of the damage bye, bye, bye the dow surged 35 points his tweets bring new light into the stimulus talks creating the biggest surge since july and thats not the only certain watch. We know democrats and the House Judiciary Committee did Something Big today. They want to break up some big tech it is some of our favorite stocks i am going to defend them. The house is concerned because they think they got monopoly power. We cant get away from washington for a minute. Let me say flat out. I dont like monopolies. They are bad they cut the heart out of the small and medium size businesses our whole system is based on competition. Without it, big business have no incentive to improve are facebook, apple, amazon and alphabet really monopoliemonopos oh, i am not convinced these companies have
Joe biden got through all 90 minutes without a gaffe or no senior moment and enough energy to say to the president overshot up man. He called him a racist, a liar and the worst american president ever. Mr. Trump came on strong, perhaps too strong, he may have brought sympathy after he attacked his sons drug use. Key issues were lost in the fight, biden were not answer questions about packing the Supreme Court, he was wrong about the economy under President Trump, he tried to walk away from the green new deal, i wouldve liked to heard more about that, the president would not condemn white supremacist and did not fully answer questions about healthcare. My opinion, nobody one, voters who wanted a fight lost. Right after the debate stocks sold off, features showed a 300point loss for the dow but it has come back, perhaps because a lot more talk about a new stimulus plan and a good jobs report from adp, we are looking at a 50point loss for the dow, Minor Leagues loss for the s p and the na
The markets. Ashley, first to you. Ashley well, guys as we say good riddance to september where all the major indexes posted a loss we embrace a new month but we havent come exactly flying out of the gates although green across the screen. The dow finishing slightly higher as you can see, about 1 10 of a percent after being down more than 100 points. S p up half a percent. But it was nasdaq showed the best performance of the new month up 1 1 2 . Like Charlie Brown with a rain cloud over his head investors are frustrated by congresss inability to agree on a new stimulus bill. With the markets going up and down with each competing headline from nancy pelosi and the treasury secretary and everybody else. As a result we saw stocks move for the most part today sideways in somewhat flat trading but as i mentioned the big tech stocks did manage to give the Broader Market some impetus. Amazon, microsoft, facebook, Alphabet Google all managed to make nice gains today which you can see gave the
Restrictions and stay at home orders but air travel has been steadily climbing over the last month and a half despite searches in cases of the virus in fact here in the United States over the 4th of july weekend more than 2 and a half 1000000 people travel by air but heres that issue according to figures provided by the Transportation Security Administration more than 1000 t. S. A. Employees have tested positive for covert 19 this accounts for roughly 2 percent of the t. S. A. Workforce now the agency says most of them are security workers who work in screen to screen passengers at airports across the country Heidrick Thomas the president of the union that represents these officers said of the situation right now were bringing people back to work and the social distance is not in total effect employees are still complaining theres too many of them in one area meanwhile the u. S. Hit a nother record for daily new cases with more than 60000 cases reported thursday and. With all this in m
Disagree but the one business show you cant afford to miss. Theyre going to washington coming out tech giant from amazon apple facebook and google all testified before congress a year long probe into that process and. When you look at some of the damages and the pandemic lets go expense one we have a lot to get through so lets just start. On one day 4 of the most powerful men in the United States Tech Industry theyre being questioned on whether their platforms have violated antitrust laws in recent years as theyve risen to dominate the internet now arties Rachel Blevins joins us with the latest rachel what have we heard so far was there as we saw c. E. O. s from the 4 Largest Tech Companies in the country testified before the house judiciary antitrust subcommittee as part of an investigation looking at whether they have achieved such a major monopoly that they are now legally stifling their much smaller competitors because of the krona virus pandemic these testimonies are being carried