Claims he could have died from his own covid infection. Not yet confirming that he is negative tor the virus. And casing spike in parts of northeast and 11 states in the middle of the country see record rates of infection and. And one of the oldest state fairs is maintaining the tradition while keeping patrons today. But we begin with todays eye opener. Youre world in 90 seconds. It is a Tropical Storm so it continues to elongate and it weakens but still the threat of rain, still the threat of storm surge. Hurricane delta roared ashore friday evening at category 2. Now it is weakened to a Tropical Storm. I think the story becomes how active it has been in the gulf of mexico this year. Despite the arrest of 13 man charged with planning to kidnap her, givenen whitmer said the threats against her havent stopped. I feel very good, i feel strong. President trump stopped taking coronavirus related medications midday on friday. I havent even found out numbers or anything yet but ive been rete
Part of leadership is to set a where certain fungal infections are common, tone for the country. To key swing states in the weeks and if youve had tb, ahead. Hepatitis b, while following all of the with 66 days until election are prone to infections, or have flulike symptoms or sores. Day, where the race stands this medical skpert experts and the morning . Dont start humira if you have an infection. States safety guidelines amid picking up the pieces. The pandemic be there for you, and them. Cleanup begins on the gulf coast. Ask your gastroenterologist about humira. The next big night is the first as hurricane lauras devastation with humira, control is possible. Debate, barely a month away. Comes into full view. Theres an awful lot of people that are hurting right more late nights to come. Thank you very much. Now. We appreciate it we turn to the gulf coast nearly a Million People thats your weathered deck, crying for help. Where search and rescue teams waking up without power. While y
Of 1 . The Treasury Curve off the back commentsllen steepening just a little bit. Alix a little bit of a risk on feel except in portions of the currency market. The yen gets a good bid. , stephansshocker just a touch over 60 basis points. South of south of 58, 57, a lot of people denying what the yield curve could mean. My question is at what point did the yield curve become real for the deniers . The is it the number or speed . Crude prices are more expensive now than in two months. An interesting phenomenon. Time for your morning brief. The u. K. Delivering its autumn budget. The data dump, jobless claims, durable goods, and it 2 00 releasing the minutes from the last Monetary Policy meeting. Breaking headlines for you, Rockwell Automation rejecting the unsolicited proposal trump emerson. Rockwell rejecting the emerson. Ed bid from we heard potentially we would hear a bit come in as emerson tries to change its business. Cavalli put success of the deal says a than 20 as he different s
Good afternoon, everybody. Welcome to power lunch. Nasdaq hit new highs yerlearlie today. The dow and s p 500 under pressure merck a big reason for the dows decline. Shares down about 6 shaving 20 points off the dow merck is down 13 in the past week the Number One Health care analyst will join us to take part in mercks woes. Whats working check out amazon, apple and facebook all three hitting new highs. Check out some other movers. Amd down downgrade there. The stock down 20 in a week in arising market. Lennar taking a hit on its deal to buy calatlantic soaring by contrast more than 20 , almost 22 ge just keep moving lower down 2 when you have two jets thats what happens investors getting a little nervous. Reports that the Corporate Tax rate changes would be phased in over time rather than implemented all at once. As soon as these headlines crossed the dow turned 60 to 70 points down right now. The corporate rate wouldnt get to 20 until 2022 under this proposal the report does caution
Welcome to power lunch. Im michelle carusocabrera. Recordbreaking day for the markets. Take a look. The s p 500 with new highs with 60 members of the index at all atime highs the russell 2,000 also at new highs. Morgan stanley is one of the winners. Its market cap for the First Time Since before the national crisis, bigger than goldman sachs. Other big movers today include aetna, cigna, boeing, carnival and royal caribbean. And one name not feeling the love today though. Snap shares falling to new lows again. Stock trading below 14 a share. This record breaking day for the markets. A year of records it has been. Driven today by a flood of earnings five dow components. New housing data and a sky high read on consumer confidence. Weve got it all covered for you. Bob pisani is at the New York Stock Exchange phil lebeau with gm. We begin with bob at the big board. 21 declining stocks. More winners than losers on the story. Lets look at several dow components caterpillar great global sales