Lauren i know, it was a rough one. It is worst day since june. Take a look. There is the damage. The dow retreating from that 29,000 level. At one point it was down 1026 points. So i guess being down 810 is good news . The nasdaq and s p 500 also retreating from record closes. All 11 sectors in the red. Tech and consumer stocks hit the worst. The reason, look, guys, there is a lot. Uncertainty over timing of an effective vaccine. Profittaking ahead of a long holiday weekend. September really living up to its reputation as the worst month of the year historically. Let me show you what weighed the most on the Dow Jones Industrial average. Apple, sales force, microsoft. Along with amgen and home depot. Shaving some 400 points off the bluechip average. On nasdaq which snapped a fourday winning streak. Amd, nvidia, tesla, all of them are lockdown winners. Nvidia doubling this year. Tesla up almost 400 this year. After todays drop it is down 20 in the just the past three days. Were seeing mo
Now inside the white house President Donald Trump hosting folks k through 12 years old professionals. Higher education folks and parents and students. The president speaking right now in this moment in the news conference. Talking about going back to school, how important that is not just for parents but also kids themselves. The white house saying if schools follow the cdc guidelines then opening up will be done safely. Listen to this. Very much going to put pressure on governors and everybody else to open the schools to get them open and it is very important. It is very important for our country. It is very important for the well being of the student and the parents. Reporter the head of cdc came out actually said urging schools to open. No one at the white house here is pushing a one size fits all approach. Health and Human Services secretary said some areas hit harder by the coronavirus will have to adjust but still can reopen. Not going to be the full experience. It will not be th
a watch out we still don t know how easily it is being transmitted we have to have health systems around the world on a on alert and they have so we have to make sure that they have enough of capacity to quickly detector test and treat people who are sick we have seen that france has done that in a very quick way unfortunately many countries in the world do not have that level of preparedness and trying to help those countries to get to that level so de can also deal with any potential exported case. meanwhile more than $300.00 chinese companies are trying to secure bank loans totaling more than $8000000000.00 and the effort to limit the economic impact of the corona virus outbreak according to an exclusive report from reuters since the outbreak started manufacturing in the country has slowed and could severely hurt global supply chains now according to sources cited in the report the company is looking for loans are either involved in fighting the epidemic or have been hit h
deadliest day yet for the virus outbreak it includes also the 1st american casualty a 60 year old man living in mainland china and all the death toll now stands at 9 $108.00 people with over $40000.00 cases reported in china meanwhile the world health organization is warning that the spread of corona virus cases which had no history of travel to china could be the quote spark that becomes a bigger fire listen we have to be on a watch out we still don t know how easily it is being transmitted we have to have health systems around the world on a on alert and days ahead so we have to make sure that they have enough of capacity to quickly detector test and treat people who are sick we have seen that france has done that in a very quick way and fortunately many countries in the world do not have level of all of the preparedness and trying to help those countries to get to that level so they can also deal with any put to. szell exported case and meanwhile more than $300.00 chinese
We have one guest says the new deal makes him want to vomit. Leaders Mitch Mcconnell and Charles Schumer reach a deal. Addressing ongoing opioid crisis, bottom line a rare event in washington. Was bipartisanship. You dont see that too much these days. You know what . It is going to cost us. It is going to cost us big time. Money we do not have. Adam shapiro live on capitol hill with the very latest. Hey, adam. As you said, you might call this historic you have the bipartisan deal in the senate but as we break this down theyre talking about hundreds of billions of dollars in new spending that raises the cap on not only defense spending, to over600, roughly 50 billion in fiscal 2018 and possibly more in 2019 but also on the domestic side t adds, 100, i think 50 billion over two years to domestic spending. We heard from senator schumer about that it provides money for disaster relief. Provides money for opioid and abuse, drug abuse intervention programs. So that is all contained in this c