Secretary with the procedural vote later this afternoon. Off the floor negotiations are continuing on a coronavirus aid package. Now to live Senate Coverage here on cspan2. The president pro tempore the senate will come to order. The chaplain, dr. Black, will open the senate in prayer. The chaplain let us pray. Our father, as we think of those so desperately in need of legislative action, give our lawmakers the wisdom and courage needed for these challenging times. Use them to empower all americans, particularly those on lifes margins. Lord, help our senators today to discern your voice, as they seek your will in all they do. Give them the ability to differentiate your guidance from all others, permitting you to lead them to your desired destination. Speak to them through your word, guide them with your spirit, and sustain them with your might. We pray in your great name. Amen. The president pro tempore please join me in the pledge. I pledge allegiance to the flag of the United States
This comes after a decline of about 29 points. S p indicated up by 12. 5 you want to take a look at whats happening in the president ry market yields look like they are a little weaker. Dow component is reporting. Company is reporting a quarterly profit 3. 88 a share increasing the full year out look we have a nice gain in the stock there. This is a dow component. Thats the headline. It is going to help the dow. That is one of the reasons 3. 5 points adding nicely we wouldnt be up without United Health a lot of different view points on how theyll fare. Depending what happens they have been weak. Wont mention any names. We have an update lets do black rock first we have a lot going on earnings coming in from black rock looks like they earned 7. 15 better than they were expecting. Revenue looks like they are about in line with expectations. Couple other things, they say the longterm net flows. 52. 2 billion. This is a company has has 649. 64 trillion this companys ceo will join us who is
Conservative voices, mornings with maria begins right now. Maria big show this morning, joining the conversation Dierdre Bolton and Kevin Phillips and jack otter. Rockbottom low Interest Rates and the trading environment when the numbers come out, futures right now pointed to higher opening ahead of the numbers and likely going to be the issue that basically sets the tone for markets as we await those thirdquarter results, jack otter, what are you expecting . Nice that we are expecting jpmorgan, jamie dimon is doing a great job, if they cant pull it off, thatll be a problem, with low Interest Rates, that will give banks breathing going forward, theres no real sight. Maria a writedown potentially for wework, unicorns that blue up. They are on the hook for uber as well. Aside from the wework story, aside from softbank which would take the biggest cut biggest hit, rather. Refinance and loan them money for lord Taylor Building which was supposed to be the wework headquarters which was an a
S p, also slightly down but the nasdaq showing essentially flat to slightly higher. Remember, were just about 15 points away, by the way, on the s ps alltime closing record. We will keep an eye on that. How about this. One of the largest malls in the world opens today in new jersey. Its called the American Dream mall. It will have hundreds of stores, restaurants and indoor Amusement Park with roller coasters, and a 16story ski slope. All sorts of experiences. But it comes at a 1 billion cost to taxpayers. It will likely be a traffic nightmare. Wait until you hear how much it will cost to park there. Yikes meanwhile, President Trump heads to South Carolina later this morning. Hes going to an event on criminal Justice Reform. If the president speaks to reporters, which he likes to do before leaving the white house, you will of course see it right here. Got a lot of news to go at this morning, including those rapidly spreading wildfires in california, and Charles Barkley going after Vice
86point gain. S p and nasdaq also looking to be higher at the open. In other news, lebron james is trying to do damage control after criticizing the Houston Rockets general manager darryl morey for his comments on the hong kong protests. Wait until you hear what lebron is saying now. The democrat president ial candidates are in ohio for their big debate tonight. You can bet they are going to rip President Trump and promote their far left policies so how will that play in ohio, of all places . We are on that all morning long. And we have a lot to go at this morning, including Mark Zuckerberg meeting with some big name conservatives, walmart delivering groceries right to your fridge. That and so much more. Varney company starts right now. Charles hey, go happy birthday to you ashley go, baby, go. Charles stevie wonder, folks. Classic happy birthday in honor of fox business. Its our twelfth anniversary. The Network Launched 12 years ago today. Golly, time flies. We are of course thankful