outbreak in the u.s., but new jersey reported its worst day yet. more money for small business as the treasury secretary and lawmakers signal additional funds will be allocated for the small business program, which has seen enormous demand and m.g. firms from exxon to halliburton may lay off workers in light of the economic turm l turmoil. we ll speak with the ceo of verizon about the company s effort to keep students informed while they are away from school. and the ceo of state street will join us. we have details on the small business relief meeting that is taking place this hour at the white house. mike santoli is tracking the markets fading gains this hour. ka kayla, first to you on breaking news in washington reporters are entering the roosevelt room right now where president trump and his economic advisers are set to host a virtual meeting with a slate of financial industry ceos to talk about what they are doing to assist small businesses. the list of attendees in
will the numbers be good or not so good? it s all people in the:00 to world want to talk about people are paralyzed and they re polarized and they re scared they re scared about what will happen this earnings season. that s why the averages meandered too. the down dipping 14 points, the s&p .5 the nasdaq .21%. the fear is palpable earnings could be down. stocks are the only game in town, even though we had a real slowdown since the fed s last rate hike, the bond market offers only paltry returns [ booing ] let me make one thing real clear. over the long haul you ll do just fine on a diversified profile. healthy balance sheets especially compared to the 2.5 yield you get from parking your money in the treasury. so i don t want to get too fixated on earnings season but i want to help you i want to help you get through this tense environment i want you to have some context about why everybody is so worried. so let me give you an earnings cheat sheet. kind of a mini game plan for
unarmed security guard that helped confirm the shooter s room. paddock shot lu the door wounding him in the leg. paddock then shot 200 rounds in the hallway holding up the police until the swat team arrived and blew up the door and found the shooter dead. why did he do it, we still don t know. next headline. $4,940,000,000,000, that s how much the value of all stocks has gone up since the election. another one, we are only 338 points away from dow 23,000 and guess what, we will go up a little more when the market opens up today. varney&company is about to begin stuart: all right, come on in jeff flock, live in las vegas. jeff, we understand there s some talk about the shooter planning an escape that he would survive this? give me the story. jeff: the authorities think because he placed the camera out in the hallway outside his door that he could see from the inside, that that may have been his plan to see if the coast was clear after the initial attack so that he could
the eclipts is a big business story. dozens of companies with offers. and if ever a die to buy solar stocks, buy. all of the angles covered for you coming up. plus, treasury secretary steven mnuchin making a tax for tax reform tim pawlenty head of the financial services roundtable. what he wants to see in that plan coming up. and to our reporters covering the solar eclipse. contessa brewer is in columbia, south carolina and jane wells joins us as well but first to contessa. reporter: people are reacting now by leaving i can still see the sun partially occluded here. it s still a crescent as the moon moves out of its path and people are like, okay, been there, done that it s hot outside, feels like it s 15, 98 degrees with the humidity so there s been a lot of people taking a move on, but i ll tell you what people paid a premium to be here i talked to people who have driven down from new york and people who drove over from macon, j., ageorgia and all of were paying
washington worries the manager of the biggest hedge fund wrote a post saying i m watching how conflict is being handled as a guide, i m not encouraged the bridgewater founder was initially confident that president trump could stimulate growth tru throuhrough tax refo dered deregulation we ll hear more from ray dalio next month when he joins the delivering alpha conference. a los angeles jury ordering johnson & johnson to pay 417 million to a woman who claimed that the talc in the baby powder caused ovarian cancer. j&j says it will appeal the ruling it s the largest yet in lawsuits saying the company failed toed a quickly warn consumers about the cancer risk of its talc-based products johnson & johnson faces 5,000 cases nationwide long long ago, the ceo of i think it was after ralph larsen i had read about this probably ten years ago. 5, 10 years ago. sometimes the shape of a carcinogen i m not slaying talc is a carcinogen there was scuttlebutt about this, at least ten