He is expected as a virus numbers continue to spike around the nation to give an update on operation warp speed and talk about new developments in the race for covid19 vaccine. At the close you look at the numbers, the vaccine helps as well with upbeat corporate profit a rally not far away from a record high, it was flirting with the record, needed to be 470 but lost a little steam in the final minutes of trading, a strong day, the s p that is a recordsetting, closing up by 48point, as it settled in what appears to be the 23rd record close of the year for the s p 500 and we want to monitor the smallcap stocks today and the russell 2000, the russell closing in record territory what is significant for the smaller stocks, the first time in more than two years we have seen a wrestled record, the s p up in the second straight week, adding more than a thousand points. We canoes and big tech brought the nasdaq into the red, those are your numbers as we come to you on a friday, im connell mcsh
Up 95 points. The dow better by 393 points. Perhaps on investor belief that the worsening pandemic will shake congress fists open leading to, perhaps, the passage of a relief package. But as millions rush to get tested, rapid covid testing suddenly under fire from billionaire Tesla Ceo Elon musk who claims he took four tests with confusing results. So were bringing out one of the breakout stars of the netflix dock you series pandemic, dr. Jacob glanfeld, what he wants to hear from the president as the development of a covid19 vaccine inches closer to reality. And the coronavirus isnt elon musks only problem. Theres a new player on the electric vehicle front carving out its own ev beast face. Yes, thats right, the ceo is here in a fox business exclusive. Yes, the company is publicly traded. Well tell you who it is. All right, but first a fox business alert, just as americans rush en masse to get covid tested this hour, teslas ceo, elon musk, is on the attack. Did you see what he treat t
Underway at the masters, while one of the trail blazing golf legends is one of my winners of the week. All that and so much more on making money. Muck charles well, markets rerutted out of the gate erupted out of the gate nicely, but the tale has been the case all year long. The emergence of buyers yesterday is when youve got to watch out. In the final hour of trading all year long, thats when you know the next day is going to be big. Shakeout sessions are becoming somewhat more predictable. To the pros, they buy into these dips into the close, and then the next day the market opens bigger. Put that on your notes for how to make money. Now, there continue to be some dark clouds including, of course, covid cases, a lack of fiscal stimulus and just exactly what the fed is doing because so far not what they promised. In fact, the ecb is doing a whole lot more pumping than [inaudible] meanwhile though, earnings remind investors of fundamentals. Great earnings reports include disney, cisco
You can sign up for alerts and stay on top of breaking news. As we take a live load, reopenings in Santa Clara County are being dialed back. Evan feely on the new restrictions as we see a sharp spike in restrictions. Reporter in a matter of days, things like Outdoor Dining will once again be banned. It goes straight up. Reporter dr. Sarah cody says that its that explosive case of the coronavirus that has forced her to shut down indoor dining. Similar to san francisco, we will be closing indoor dining. We anticipate that as of tuesday, the state will be assigning us to the read tier. Reporter if the county moves from the orange to the read tier, outdoor bars would close, bowling alleys and Entertainment Centers would be capped at 10 capacity and bar rooms and wineries could stop it, but outside only. We have had an extended warm summer, and its been great. Reporter this large tent has been a lifeline for jack holders restaurant in san jose. That in combination with limited Indoor Seatin
The smart new solution superstring said you know. Earth is truly unique and we know that their uniqueness is what allows us to with them survive. Why do you oppose the environmental suit to global 3000. Caught on the heels of a president ial election the worlds most powerful Central Bank Says its standing out there ready to support the u. S. Economy added quote challenging time. Also on the show britains 2nd lockdown is expected to fall especially hard on Small Business it is pushing many to the brink of closure the bank of england is stepping it. Up and going for gold and turkey as the countries of the iraq loses its luster. Its going to do w. Business im joined now on in berlin thanks for joining us. Following its latest policy meeting the u. S. Federal reserve has pledged to use what it calls its full range of tools to shore up the economy fed chair Jerome Powell also expressed concern about rising coronavirus cases describing the u. S. Economys outlook as extraordinarily uncertain