Stay updated with breaking news from Industrial gas. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
There say couple of people in some room in pennsylvania, i dont know who they are, i dont know if theyre working yet, maybe not up yet, maybe working 9 00 to 5 00, i dont know who are going to determine what matters the most, i can put a price multiple on bristolmyers better than anybody in the world unless you tell me there is a big sweep or something that is going to happen. You know when you deal with a lot of the companies were looking at, the price sharing multiple will be decided by the notch up or down by the president ial election. I think you dont think over the last two yesterdays trading session, potentially what were going to see today, the market is already making a decision in terms of who it thinks the president is going to be and what the composition of senate is going to be. Yes, it is. Youre talking about workers in rooms as though theyre make the decision, the decisions have been made, theyre simply doing an envelope, taking a ballot out and putting it in a pile so i ....
Ceos. We have industrials in housing covered. The initial jobs claims yesterday as well as a second potential wave of the virus in the u. S. , lets get to the unemployment claims continuing their decline. Jay powell said yesterday there may be millions of people who do not get back to their jobs and it may be a while before they find jobs again. Joining us is Michael Mckee. If we had gotten this jobless claims number a few days ago the market would have said, it is not as bad as we thought, and today the narrative is different. Michael i would not try to put what the market will say into my words because we will wait and find out, but if you want to trade on disappointing news it will be the jobless claims. They declined for six straight weeks but they are still at 1. 5 million. Watching, iyone is non numbers because we are not comparing it to last year, we are comparing it to last week and the continuing claims have plateaued but ....
Of thousands of dollars worth of medical bills that they cannot pay. Woodruff all that and more on tonights pbs newshour. Major funding for the pbs newshour has been provided by life isnt a straight line, and sometimes you can find yourself heading in a new direction. Fidelity is here to help you work through the unexpected, with Financial Planning and advice for today, and tomorrow. Carnegie corporation of new york. Supporti innovations in education, democratic engagement, and the advancement of International Peace and security. At carnegie. Org. And with the ongoing support of these institutions and individuals. This program was made possible by the corporation for public broadcasting. And by contributions to your pbs station from viewers like you. Thank you. Woodruff big new numbers keep coming in the covid19 pandemic. The coronavirus has now killed more than 75,0 ....
For the s p 500, 139 above the moving average. Romaine on a weekly basis, there are only two stocks that finished in the green in the s p 500, and those were both speculative plays around the coronavirus. Sector andal quick looking at, Energy Stocks, small energy up 4. 5 . This is a sector that got up litter rated. No new bond issues. Lets check in with our reporters and see what they are keeping an eye on. Abigail, lets get started. Abigail lets get started. This is the worst week since 2008. As they had that small move. He said watch after 350. That is when the by that can happen. That might be why we saw the better clothes than expected, but when we put it in the theyxt of the longer term, absolutely sliced through the 200day moving average. Here is the moving average and blue. In yellow, the 100week moving average. When that has happen in the past, for the most part, it has signaled that we are likely to go down to the 200day m ....