Vice president ial contenders take the stage for the one and only vp debate in Salt Lake City tonight. We will take you straight to the beehive state for a live preview of what could be the most intensely watched vp faceoff in history. And our allstar Political Panel, Brad Blakeman and mary ann marchon on why the president chose his Supreme Court nominee over trillions in coronavirus stimulus yesterday only to reverse. Plus, slack stepping it up to take on tiktok and instagram . Slack unveiling workplace video stories as it fights off new challenges from google. Ceo Stuart Butterfield joins us live in just a moment because they have a whole host of other things they are floating. Really interesting things. In the meantime, lets get to the president s tweet thats got the markets doing quite a dance. This is what we saw at this time yesterday, after President Trump put a full stop to stimulus negotiations. You could see it. It really began to fall very dramatically. His tweetstorm right
Series due tomorrow, has got traders moving an moving, not looking back. It is an amazing turnaround. The nasdaq as charlie brady, our stocks editor reminding my staff is more than 2 away from highs that seem so far away. Remember that thing really carooned, careened all the way from the highs during the pandemic. The dow already in dow in positive territory, with s p gains up close to 10 . Whatever the jitters about the election, what will happen, whether it will win, a long election count, nothing seems to matter. It is buoyed by earnings optimism. The consumer optimism. The fact well all be shopping like crazy and this is telegraphing strong economic numbers to come. Who knows. Sometimes these things can get a little manic. But this is like a good manic if youre long stocks. Im neil cavuto. Youre watching coast to coast. A lot of things well pick apart the next two hours a lot of things going concurrently. The amy barrett hearings. It is following script. Democrats saying this theyr
Once again along the gulf coast. The story of this storm, this hurricane will be that of the flooding rainfall. Were talking about a catastrophic and lifethreatening flooding situation. As you mentioned from southern mississippi all the way over into southern alabama including the mobile area, also into the panhandle of florida where the conditions have been very serious out towards pensacola. Now the wind, intensity of the storm coming down, moves further inland this afternoon. It is slowly crawling inland, neil. Only five miles an hour. It means relentless rain will continue over the same hours for hours and hours, resulting in that flooding. If that flooding that were alerting people and businesses to across the southeastern United States as the storm continues to move off to the north and east, that risk for serious flooding is going expand into georgia and up towards the carolinas the next couple days. It is really important that people and businesses be prepared in those areas. T
Switch the dow around would we be looking at essentially the same falloff . Essentially we would. This is taking nine of 12 key sectors down. Financials are holding up pretty well today but a lot of this was driven right now by concerns, comments made by dr. An any fauci. I believe he was doing interview on cnn he expressed doubts having a vaccine ready by october. I think there was leaping on that as excuse to sell, just as it could be a leap on Mitch Mcconnells comments that we might not get a deal together, spending measure, virus, stimulus deal together anytime soon. And that he doubts they will be on the same page, republicans and democrats anytime soon. Add to that that weve got new u. S. China tensions. This didnt get as much attention. It has nothing to do with trade per se but with the administration move to impose restrictions on chinese diplomats already here. I do think when you get a selloff going, people collect all of this together, say, sell, sell. It is not that neat a
Focusing whats going on in washington, d. C. , we are after all coast to coast, were going to hear from the president meeting with the National Association of Police Organization, group that is endorsing him for reelection this go around, were also following a number of developments in florida with the hurricane moving in on the florida coast, Governor Desantis says this is going to be an issue for the state well into next week, we are monitoring those developments as it approaches the category two storm and were monitoring as well what is happening in silicon valley, big tech getting bigger, not only in stocks but any time to rain these guys in, google is a big exception to the runup, its stock not doing as well even the revenue is strong and the fact of the matter is, there was a notion that it is not enjoying the ride that the others are. Again, if you look at that the rich and wealth for not only themselves and their own investors, they have been the really only big game in town so