two side by side comparing their policies and personalities. we have a live preview. plus we hear from the trump campaign. all that and so much more on making money. . charles: all right, so after a couple of strong sessions the market settling back, let s call it a more anxious posture if you will. despite the bounce, most key technical hurdles they were not cleared on the upside. then unknowns from exogenous forces. they re all still in place. the stimulus questions out there, politics, of course and the coronavirus. now beyond those issues there are traditional inputs into the market, things that normally move it like earnings and valuations. how to balance the two in an environment that has most stocks substantially lower for the year? will we see this really change? how does this needle move and how do you make money? here to help with these answers bny mellon chief strategist alicia levine. we have payne capital group, which i m not affiliated. ryan payne. alicia, ju
growth rate and job creation, now if you put the fed statement and higher jobless claims together, that s what s pushing stock prices down this morning. look at it. the dow is off about 100, s&p 60, nasdaq about 31, more on that in a second. all right, did you watch night 3 of the democrats convention? it was hate trump night. speaker after speaker layed into the president in personal terms. he gets the blame for everything. seems to me like the democrats have not gotten over their loss 4 years ago. the president was live tweeting all the way through. we will show you both sides of this, of course, but seems to me like all of the democrats have is hate trump. varney & company is about to begin. stuart: look at the red ink on the markets, first of all, down across the board but not that much. let s get right at it. larry kudlow, director of economic council at the white house. larry, negatives this morning. more than 1.1 million jobless claims, the fed says the virus is hu
detecting new cyber-attacks from russia, china and iraq election. the clock ticking away for tiktok. president trump says they ll be no extension for the sale of popular chinese app. ceos calling on de blasio to crack down on crime. the dax index lower by 46, the uk economy rebounding. gdp up 6.6% in the month of july for uk. in uk green across the board. best performers were in hong kong, japan and china all up 3 quarters of 1%. now some of the top stories that we are watching this morning. president trump slamming joe biden s record on jobs saying the democratic nominee nearly killed the u.s. auto industry during campaign rally in michigan. joe biden supported the transpacific partnership which would have been death to auto jobs. i withdrew from the tpp, that was so easy. you wouldn t have been making cars, you would have been making cars from foreign lands. dagen: made in america platform in michigan that ensures penalty. wild fires ravaging the west coast. 16 are still
the start of a pull back? how do you know the difference between tech names? we ll talk about it. as protests continue to rage into the united states, federal resources are pouring into overwhelmed local governments. what is the price for taxpayers? we ll have later in the show. erin per reason, the president is making law and order is making it a key part of his re-election campaign. all this on making morn any? note. making money. cheryl: market got out of the gate a little slowly. as you can see dow up 107. nasdaq 19. s&p is up by six. there are some hot spots in the market and some pretty exciting investment themes going along with the earnings parade and all the drama playing out on capitol hill as usual. in fact you have got two big earnings releases that will unscore changing taste how americans spend free time this is up after the bell. we re coming up on take two and netflix. look at 2020 gains in particular for disney. really for netflix, gain of much 191%
coverage. blake burman at the white house. hillary vaughn in wilmington, delaware. we ll start with blake, latest on stimulus negotiations picked up again but stuck in neutral, right? reporter: picked up again, jackie, going absolutely nowhere it seems. top democrats here in washington, chuck schumer, nancy pelosi, they put out a statement in the last hour, that they spoke with the treasury secretary, top negotiator for the white house today, they say it was mnuchin that initiated the conversation. afterwards pelosi took to twitter and said the following, democrats compromised. we repeatedly said we re willing to come down a trillion if they re willing to come up a trillion. clear that the administration does not grasp the magnitude of the problems americans are facing. that is the democrat take. the response at the white house came from the communications director, elissa farah. let s be clear, president trump, not speaker pelosi who took action for hard-working americans an