Tech stocks underperforming today, pulling back more of mondays gains or giving up mondays gains, i should say, still on pace for a positive week 59 minutes left of the session, exactly down. 5 , sarah. Weve got a big lineup coming your way National Economic Council Director larry kudlow will join us to talk about the stimulus negotiations and any Economic Impact there. John shrewsberry of wells fargo will be with us and well talk to David Malpass and the race to fund Vaccine Development around the world. First off, though, lets get straight to the big stories were watching mike santoli is watching the market pullback. Rick santelli has the bond report but lets start with mike santoli. Big tech and momentum growth that have been running pretty hotly. This modest payback mode for the prior few weeks. Lows for today were right exactly where the s p closed on friday essentially made this roundtrip a couple of times, trying to bounce off of them yes, if you look at energy, look at pure val
Just a week after being diagnosed with covid19 President Trump schedules and in person event at the white house for tomorrow. And a rally in florida on monday. Thank you for joining us on this friday night what a difference a week makes im grant lotus and im Vicki Liviakis and just a few hours ago the president made an appearance in his first televised interview. After his diagnosis. He credited his team of doctors and a cocktail of experimental drugs for feeling, good and strong in his battle against coronavirus kron fours Ella Sogomonian joins us live in the newsroom to bring us up to date on his condition l a this time last week he had just gotten to walter reed. Yeah i had already he says hes feeling. Good. President donald trump shared that his last treatment today and that he supposes its good to be president because he got the medical attention needed early on to regain his health quickly with few side effects. This segment advertised as a live medical screening was more of a te
Alltime high of 70plus thousand on a sevenday average. Steve weiss, turn to you dow down 10 from its high no, we dont have control of the virus. We dont have stimulus were not rounding the corner. We are, as dr. Scott gottlieb said on squawk entering the most difficult phase of the pandemic we have yields lower s ps down for three Straight Days what do we do with this today, steve . Well, ive taken off a number of positions ive added some shorts, added some puts to protect stocks for earnings theyve done a little bit, but ineffective when you look at the carnage thats out there in stocks like u. P. S. And microsoft, which both had good quarters im very cautious on the markets. Were through earnings earnings hasnt been a lift. Even though its a good earnings quarter, put it in perspective its still down 16 year over year so, markets are way overvalued corona is a big issue. I dont see returning to march lows because i checked the number of cases in china and south korea and the philippi
Have been shattered across the country. The race for the white house is intensifying in the final weekend before the election. The bay area voters sinners open their doors in a matter of hours and what election workers want you to know. San francisco is hailed as a Success Story in containing the virus, but why are they hitting the brakes on reopening . When the virus takes off, it takes off quickly. Good morning. Happy halloween on this saturday, october 31st. I am emily turner. I am devin fehely. Breaking news, actor sean connery has died, and we have more on that later in the show. This is a spectacular early november halloween weekend weatherwise, 10 degrees above average. That will not change until the end of the 7day forecast. We have more on that later, but first, lets get you ready for saturday morning. Here is a pretty shot of the Salesforce Tower. We are beginning to see the typical morning scenario and it is 10 degrees colder than everywhere else. If we were number 4 degrees
Stratus clouds that are kind of broken up a little bit crunched up 60s and some 70s off to the east bay you will notice 50s cover the north bay 59, san jose 60 for San Francisco where a pretty close to yesterday, although action midday, were little bit warmer by a couple degrees cooler in the south and the north. Fog patterns kind of interesting as we go through this here. Breaks up a little bit by the late Morning Hours. But then actually returns by this Late Afternoon to get around San Francisco, even the east bay and then dissipates just before dawn on sunday. This is all with this frontal system moving through providing a few little stray showers for your saturday looks like breaking it down for years how it comes 66 by 11 oclock we try to get some clearing in here from the fog only to fill back up again with some scattered clouds and a few raindrops kind of cut and what to dirty up the car, you know what after thats all said and done were actually watching out for some offshore wi