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In almost 50 years. And india softens restrictions on rice exports. Well be live in mumbai. Welcome to business today, live from new york, i m ritika gupta. Us stocks inching lower this morning but, Wall Street is set to end september on a high. And earlier today, we saw a strong rally in asia chinese stocks surging 8. 5 off the back of more stimulus introduced by the chinese government. Joining me now is bob doll, ceo of crossmark global investments. Thanks forjoining us. Chinese stocks post their biggest one Day Rally since 2008, not seeing that feed into us markets. What are your thoughts on addin ....
He goes, maybe im immune. I have no idea what that means. Jonathan you are not alone. Lets move from the theater of the last 24 hours to the drama of the polls this morning. The former vp joe biden with a widening lead in the cnn poll this morning. It is not a predictor of what will happen, but a snapshot of the mood of this country, and it straddles that covid test that was positive. Poll, octoberis 4, very important this morning. Tom i read every word of the polling. A 3. 6 margin of error. Are thein there subsets on covid to come on the economy, and the rest of the pole. That gap, as they say in the text, is widening from the nbc wall street journal poll of just a few days ago. Jonathan yields this morning on the tenure tom out of control. Snoozer finally, the over in the treasury market. Lisa out of control . Jonathan only one of us is out of control, lisa. [laughter] tom go to cash. Lisa we are still going to be checking out the data. I am going to take you back 12 months ago, whe ....
For new restrictions there too. What will the president do if we experience a second wave . I will ask him. Look at the market, stimulus stall and europes second wave is pulling down stocks big time. The dow is looking at 300 point loss. S p down 42. The nasdaq close to a 200 point drop. Big tech way down today, following a report in the Financial Times, some governments over this in europe, theyre gearing up for a major antitrust attack on American Technology companies. A dispointing jobs report. 898,000 new jobless claims. Not good. Down goes the market. On the campaign trail the president let loose in iowa last night. He put on a maga hat. Took off his tie says joe biden has been blatantly lying. That the revelations about hunter in the New York Post are a smoking gun. I will ask the president about todays allega ....
The news flow absolutely extraordinary. I want to get to the markets in a moment. The president tweeting. Weve got two longer tweets today. Both tweets say get out and vote. We will leave it at that. I am sure we will hear much more from a president in the white house today, masked or massless, as well. I want to go to it is clearly the market story, and a nice recovery here with yields getting right back to the enthusiasm of yesterday. Jonathan i think the three issues youve got to look at, one is the improving health of the president , according to his doctors. Another is the momentum. Three if the prospect that we dont have a contested outcome. Going off of the national polls, and i know the risks around that, this is a snapshot of where things are, not a production of where they will be. The snapshot right now, 57 40 1 , according to the poll yesterday. Cnn, the 57 being joe biden, and 41 being donald trump, that poll conducted from october 4. That is important because we have been ....
Stock, for chips, for 5g and lot more then there is prime day. What about emerging alternatives to amazon this Holiday Season . Well talk about that straight ahead, john. Yeah. Carl, i cant emphasize enough how important the iphone is not just for apple, maybe even not for apple as much as for the industry overall the carriers really need somebody to sell 5g which has not been built out as quickly as they promised. Then the components inside the iphone open possibilities for App Developers they put money in the pockets of chip makers. There is a lot, a lot riding on this, carl of course, jon. Lets turn to josh lipton. So, carl, what do we think tim cook is going to unveil exactly tomorrow the team Morgan Stanley says anticipate four new devices including, they say, a 6. 7 inch iphone 12 pro max. That will be the largest ....