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Biden. Last ditch support efforts for both candidates moving at breakneck speeds. And digital gold. Cryptocurrency on demand with rising prices for bitcoin. You can crypto a lot of things, but dont call it currency yet. Rising aftertocks resuscitated hopes for a spending package. The nasdaq had a modest game game. Abigail doolittle is in new york. Abigail another choppy day. We have not had one day this week when we have not had stocks up and down throughout the day. There has not been when they were that has been the case. We have seen a lot of intraday whipsaw. Investors are pretty nervous. Some uncertainty. The s p 500 is up after spending most of the day down. Up about 0. 3 . Two down Sectors Energy and tech. Not surprisingly, tech being weighed on by intel. The stock one of the only indexes on the date of fall. Day to fall. Data center sales missing down 10 year over year. The guidance tepid as well. At the end of the day, it ....
Is about the two different candidates, two different approaches, stark yesterday with the president fired up in lansing, michigan. And the emotion of mr. Biden georgia, warm springs, which resonates with Franklin Delano roosevelt. I would suggest markets on the move, different than yesterday, yesterday less correlated and today a dramatic correlation. Notice the vix at a strong 36. Francine i think the focus is on these lockdowns, especially in europe, how harsh they could be and what that means for job losses. A lot of the european stocks are at the lowest in five months. We will have extra market checks today. Thats get to first word news with ritika gupta. Ritika President Trump appears resigned to waiting until after the election to get a coronavirus stimulus bill. The president told reporters he will get the best stimulus package you have ever seen. The white house cla ....
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 cor ....
Wall street expects some kind of stimulus. We have another monday morning rally with plenty of green and the dow jones is closing about a gain of 150, but nasdaq up over 100 points. Big tech up this morning i think pretty much across the board, yes. Its all green. Even though three top executives will be hauled before Congress Next week, both sides of the aisle angry over big tex wealth, power, influence and serious discontent about censoring conservative opinions as some senators subpoenaed jack dorsey concerning twitters suppression of conservative voice service. On the campaign trail absolutely no change. The president continues his rallies hammering his message home in the battleground states and joe biden will hunker down. He appears to have put a lid on the week staying home preparing for thursdays debate. That debate is controversial with the moderator who is supposed to be neutral anything but. Her family has donated tens o ....
Of tech trade war, while the streaming giant netflix misses estimates. Welcome to surveillance. I am yousef gamal eldin in dubai. Assetse risk eye firmly bid, the state of play of the s p 500 currently called substantially higher after of course the earnings picture continues to fill overnight, including from netflix, which came through with a miss. Latest lawsuit and the uncertainty in stride. U. S. 10year finally Getting Movement in the last 10 hours. We are at 81 bits, and the selloff really taking a little bit of momentum over the last few hours. Behold yield curve beyond five years is trading at four month highs. It is not a volatile rising bond yields. It is doing nothing to help the dollar, though. On the currency note, you have traders testing the chinese governments tolerance for a strong yuan. A major move in the u. S. Fx space keeps rallying, no matter what officials you doing. Gold getting a list as well, up. 7 . Kee ....