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Business closures as well as layoffs. We will show you how markets are reacting as well. Eugene scalia and richard will join with me about the jobs picture, what they have to say about the jobs market, stimulus package and what lies ahead for the u. S. Economy. Twoday rally for the dow and s p 500 poise to come to an end today, future pointing to losses, down 200 points. Down 93 on the nasdaq after gains of wall street yesterday but markets did close off of the highs of the day, in fact, the nasdaq as you could see finished negative. Dow industrials yesterday up 409 points at the close and the s p was up 28. President trump says parts of the u. S. Could be going back to work in a few weeks participating in a Virtual Conference with g20 leaders today working on a coordinated response for the coronavirus pandemic. Plus americas biggest music star coming together for iheart living concert for america. Special feature includes elt ....
Data on inflation. Also minutes from the last fomc meeting. The july Consumer Price index will be released at 8 30 eastern time and at 2 00 this afternoon we should be getting more insight into what fed policy makers talked about last month and perhaps what theyre thinking about is the highly anticipated september gathering. Heres the other stories were watching today. Chinas wild and scary ride continuing, volatile perhaps not a Strong Enough word to describe the session. The shanghai composite dropped by 5 early on but then closed up by more than a percent. They point to government backed buyers as catalysts for the turn around as well as rumors that Chinas Central Bank might be ready to cut the key reserve ratio requirements for banks. German lawmakers are voting on a greek bailout. The legislation is expected to ....
That is only one hour away and it always happens during our show and it could be a real market mover for you. We begin with Hedge Fund Ties and steve cohen. A year after he turned hedge fund into a privately held Family Office he continues to beat the market. Kateicle we a look at the Trading Floor in stanford, connecticut. Over to you. Thanks so much and the i think the market is a great place to start up. Never before had a Television Camera here on site. Steve himself is here and trading as well at his own trading station. They are having a good year so far. They are up about 8. 5 . Thats good in light of the markets. Last year as well. They beat the market and they had returns north of 13 . A good run in a month or so. What im told at the moment is cautious ab ....
Trails by 50,000 votes is scheduled in speak in an hour. Will it be a concession speech, doesnt sound like it or an extreme legal challenge to this entire vote . Will the Abrams Campaign as theyd have discussed issue a legal challenge saying this vote in georgia was so corrupt and so irregular that it affecting an outcome and asking the judge to overthrow the vote and have a recount. It would be a high bar. They talked about it. As it stands right now, the Republican Brian Kemp in the next few hours, he could be certified as the winner of this election. He stands at 50. 2 of the vote. That would have to go below 50 for a runoff vote in december. Abrams would need 17,000 votes. The tone here is changing. Its getting worse each day. The latest from kemp saying that abrams behavior, not conceding, is a ridiculous temper tantrum. We could see news in the coming hours and ....