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Additional funding for the post office to other elements of support that might potentially encourage mcconnell to call the senate back as well. But that will be a bridge we will find out more about later yeah, will they have a relief bill as people look to get relief and extension that they have been waiting for for, you know, several weeks now since it last expired. Over to you, john. Interesting what the president was just saying. Drawing a distinction between universal mail in ballots, which he opposes, and absentee ballots which he has cast himself and is in favor of saying he does not favor slowing down the mail. He wants to speed up the mail, of course. The house wants to question a lot of that and well see if that happens thank you, it is 8 00 a. M. At apple headquarters in coopertino, california, its 11 00 a. M. On wall street and squawk alley is live good morning, what a week it is, can you believe were starting this monday at levels for the markets that we were prepandemic. T ....
3386 is the number to watch for that s p 500 record close. 59 minutes until the close we have a big show coming up to day the s p 500 makes yet another run at that record close bob doll will tell us why he is expecting the economic recovery to be more choppy. And why hes cautious in the short term plus, gaming the impact of the dnc. Well speak with a policy expert who says this weeks Democratic National convention could be a negative for the market even though its happening virtually. Right now, were going to focus in on the big stories were watching to day. Bob pisani is tracking to days action we have the latest on growing tensions with china. And joining us with his outlook for stocks is tony dwyer bob, start us off with the Broader Market whats going on behind the scenes and whether you think we could see that record s p 500 close today. When you get this close withi ....
Consumer sentiment levels rising slightly there are some signs momentum is faltering. Corporate america making big layoffs. Underlying the wall street main street divide. 59 minutes left in the trading week s p 500 set for its sixth Straight Record closing high 7th day in a row of gains and 5th week in a row of gains coming up in a few minutes. Were going to speak with James Bullard about this weeks major fed policy shift the strength of this recovery, washington stimulus stalemate and much more. A bold call on energy, we will speak with a strategist who says now is the time to buy the sector continues to lag far behind the Broader Market, despite todays pop. Lets get straight to this resilient market, the s p 500 looking to close out its 7th straight day of gains, the dow turning positive for the year. Mike san tolly tr ....
Delays from washington from the trade deal to the stimulus negotiations, deadlines and expectations being pushed back the weve got 59 minutes left to go in the trading week s p 500, 16 points from a record close. Down right now, jon. Still higher on the week everyone except the nasdaq great to be with you this afternoon. We have a big show coming up to finish out the week. Were going to speak with minneapolis fed fred neel sakashkari and later, as stimulus talks grind to a halt, well speak with Maxine Waters about whether there is any compromise to be had. Plus, shell discuss a new bill encouraging the fed to use authority to close the racial wage gap in this country mike santoli is tracking the Market Action. Start us off on the broader market. You can call it resilient or fatigue or really anything a standoff here at the record high levels of the s p 500. The past four days h ....
Cnbc news lauren hurst was the first to report this story she joins us now. The attorney are prepared to expand their probe beyond the companys advertising business to its search business, people familiar with the matter tell me texas which is leading the probe announced the investigation earlier this year but so far, the investigation has centered on googles advertising business texas has issued subpoenas for materials relating to that business now other states will lead the charge in investigating Google Search and android units separately people familiar the with the matter tell me they will issue subpoenas on those businesses. The attorney general investigation is running concurrent to a doj led inquiry which google confirmed earlier this year. Lauren, just quickly, what is the implication of separating an investigation into search versus android. Reporter so the key point is they are very serious about the investigation. Its n ....