after yesterday s midsession rebound, the dow initially fell more than 750 points from the trading session before that striking turn around and finished higher more than 750 points s&p 500 went from more than down 1,500 and nasdaq went to close up by 1.4% these moves came after the fed said it would buy individual corporate bonds, not just the etf. president powell trading these today not only on what jay powell said but this idea that the administration will be looking for a $1 trillion package it just seems like the federal government is doing the best in their economy. s&p indicated up by 41 and the nasdaq indicated up by 73. looks like this morning, the 10-year is yielding 7.43%. watching this stuff how it played out yesterday was kind of phenomenal i couldn t believe what we were watching at the close. it was quite unbelievable you are right houj part is the government stimulus unless that leaked out watching the market. it was down. i don t like mondays anyway.
far, but the lowest number of daily deaths for some time, governor cuomo saying 474 people died in new york in the last 24 hours. we have cases surging in italy, singapore, ireland. treasuryetary of steven mnuchin says most of the u.s. economy will be open by august. i want to bring in our market s reporters taylor riggs. taylor, what is driving the rebound in particular today? taylor: markets are breathing a sigh of relief. we are waiting for the 480 $4 billion stimulus package to go in front of the house. there will be signs of the flattening of the health curve we have been talking about, as well as earnings. we re getting back some of the fundamentals, and oil rebounding after six straight days of losses, so mark is taking a sigh of relief. look at the stocks within the chipmakers. up almost 6%, having one of its best days, the biggest outperformer. a lot of earnings are underway, so getting back to fundamentals of what is driving this market. two companies in that soft i
and let s get a check on the markets. stocks are higher hitting record highs again today and get this, the dow on track for its best week in nearly five months there you see the industrials basically flat never the less higher. welcome, morgan. how are you? it is great to be with you this friday afternoon. record breaking rally has been led by the biggest names google join iing microsoft in te trillion dollar club for more on that impact from those megacap stocks and what they re having on the market, we re going to go to seema hey, morgan, the reason we care about these milestones is because alphabet and microsoft and apple collectively make up about 13% of the s&p 500 and all three are sitting on gains for the year really setting the bar high for earnings this season. now evaluation metrics for these three tech companies shows that alphabet is the only one trading at a discount to its five year average of 34 times earnings microsoft apple are both trading above their hi
trump is continuing to reach out to latinos. (sot pipe 4, 14:30:28) we re leading florida, right now by pretty good numbers, and we re doing that because of the hispanic community to a large extent. while clinton goes after (sot 14:00:45) what kind of person would want to root for 9 mililon families losing homes//one who shouldn t be president. their next debate is october ninth. york. ((denise valdez)) neilsen says more than 81 million people tuned in to the debate, making it the largest audience ever for a political debate./// ((denise valdez)) americans are not the only one s chiming in on last night s debate - it got a lot of international attention as well. asians and russians say the candidates misrepresented relations between their country and the u-s. in london. where betting is part of the culture like here. clinton as the clear winner . with two-to-five odds she ll be the next president. and while some students in beijing feel trump would do a better job as
a doctor away an apple addai keep it is doctor away. etna giving apples. not seeing a major reaction, oil 46.84 a barrel. u.s. futures flat this morning. 8 points on the dow. european stocks sharply higher after the opec deal. invest objection, nonresponsive reacting. cac quarante up a quarter percent. and ftse better than 1%. in asia markets closed higher, nikkei average in japan best performer there. all the stories coming up this morning. joining me fox business network dagen mcdowell, king college professor of business bryan and national review reporter and kat. good morning. dagen: good morning. maria: texas congressman with us and research analyst who wrote and says this is hardly the end in the wells fargo story. professor of strategy and irregular is with us. former million dollar miami tar and real estate star is with us. we kick it off with the battle of hawkeye state. donald trump campaigned yesterday. hillary clinton is traveling there today, both candidates t