About a 900point gain in just two days, easing some of lath weeks big losses. The s p 500 is up nearly 60 since President Donald Trump was elected four years ago this day, 2016 stocks have climbed back to reclaim the ground last earlier this year. Tonights election will be decided in the swing states and we will dig into issues, everything from covid to the economy and more power lunch begins right now welcome to power lunch, everybody. Im kelly evans. Weve got an historic election and a huge rally today our reporters are all over it. Bob pisani is watching stocks, ylan is at the polls lets begin with bob pisani on this rally today im calling this the buy everything rally we are off of the highs which we hit late in the morning, but still a substantial rally for the day. Take a look at the sectors when i say buy everything, you know its a good day when banks and industrials and technologies which go in opposite directions are up today today banks, industrials, its your cyclical sector
This is a fox business exclusive and we will ask him if electric vehicle drivers are also doing the diy. Ahead of the nfls first kickoff tomorrow night of the season, this long awaited season, theres a former disney executive who is about to show you his field of dreams plan for canton, ohio and the football hall of fame. Are you ready for the disneyland of football . Is nautilus stock the new peloton . And charlie breaks it on why jlo doesnt stand a chance at buying the mets. Lets start the claman countdown. Liz this is a fox Business Market alert. With the backdrop of a market rally, tiffany is bleeding red after french luxury powerhouse lvmh said it cannot go through with its 16 billion acquisition of the american jeweler because the deal is getting mired in trade disputes. Yes, between france, the european union, and the United States. Tiffany is tanking, down 6 . Its filed a lawsuit to enforce the deal. Lvmh for its part is up half a percent. We have to show you shares of slack, a
We are going to go through a very tough two weeks and then hopefully as the experts are predicting, as i think a lot of us are predicting after having studied it so hard, we will start seeing real light at the end of the tunnel but this will be a very painful, very very painful two weeks. Stuart the president s top medical advisers project a death toll in america of up to 240,000. Everyone is now paying attention. Now weve got to focus what will likely be the worst Economic News coming at us in generations. Millions of people will not be paying their rent this month. How will that ripple through . Millions of people have just been laid off. New unemployment claims coming out tomorrow will again show millions added to the jobless list. The airlines, they are reporting passenger traffic levels down 88 in two weeks. And Mortgage Applications down 24 from last year. The market, of course, reflects these new uncertainties. The dow dropped over 400 yesterday and this morning, its likely to o
The real story has been Energy Prices lets look at what is happening with wti right now it is at 92. 50. Yesterday, it closed at the highest level in ten months. Check it out right now highest level since november 7th of last year there is bitcoin which is back above 27,000 we noticed this yesterday toward the end of the show. It was trading at these levels higher this morning at 27,319. Lets get you updated on the uaw strike shawn fain looking to expand the strikes if the deal is not reached. Here is the video he posted on x. If we dont make serious progress by noon on friday, september 22nd, more locals will be called on to stand up and join the strike. That will mark more than a week since our first members walked out and that will mark more than a week of the big three failing to make progress in negotiations toward reaching a deal that does right by our members auto workers have waited long enough to make things right at the big three. We are not waiting around and we are not mess
A lot of them, targeted at one donald trump. Reaction from Fox News Contributor Rachel Campos duffy. Nassau county democratic chairman, and Washington Examiner susan ferrechio. What do you make of these protests, under democratic and republican administrations alike, they devolved into political protest, whatever the political dejury. For dem these protests are good thing. They excited their base. We see he how an excited base can change Election Results in recent special elections where democrats had much better turnout, that what matters comes to elections. The turnout. Helps democrat with their own momentum issue. They were stumbling around after losing to trump. The base being excited like this, given them more of a footing. Emboldened them on capitol hill from spending fights to Health Care Bill. Overall, it has been a winwin for the democrats. I think for republicans they havent quite figured out a way to answer back to this in a powerful way, in articulate way. They say nothing.