Joe bidens plans might not be that helpful for the market no matter what moodys says. We raised a issue about moodys. Theyre saying it would be stimulative to the recovery. Moodys is a Municipal Bond rating firm. Under democrats generally a very a buoyant. News out of new york, Governor Cuomo says movie nighters outside of new york can open at 25 capacity. Here is the trouble. Those in the city dont think about it. One in Staten Island, owner of that theater does everything and anything he can to protect those that to go to his theater. Looks like he cant. For wait some time. Is that fair or balanced . We pick apart the theaters. You decide. Were keeping a very, very close eye on the real life movie playing out over stimulus. Right now growing confusion over nancy pelosi socalled 48hour deadline to come up with something from the white house, presumably. Republicans more generally to respond to her sort of bottom line deadline, get it done by tuesday or it is after the election. Lets g
Series due tomorrow, has got traders moving an moving, not looking back. It is an amazing turnaround. The nasdaq as charlie brady, our stocks editor reminding my staff is more than 2 away from highs that seem so far away. Remember that thing really carooned, careened all the way from the highs during the pandemic. The dow already in dow in positive territory, with s p gains up close to 10 . Whatever the jitters about the election, what will happen, whether it will win, a long election count, nothing seems to matter. It is buoyed by earnings optimism. The consumer optimism. The fact well all be shopping like crazy and this is telegraphing strong economic numbers to come. Who knows. Sometimes these things can get a little manic. But this is like a good manic if youre long stocks. Im neil cavuto. Youre watching coast to coast. A lot of things well pick apart the next two hours a lot of things going concurrently. The amy barrett hearings. It is following script. Democrats saying this theyr
1. 9 trillion. Also some comments on timing. A a lot of comment from the white house. Tesla is the stock afterhours. Trying to eke out gains. Looks like it will. Ahead of Earnings Report we expect to come out during this hour. Well cover that. Analysts look for any sign that tesla meets delivery target fore2020. The number to watch is 500,000 vehicles. 500,000 on deliveries. Remember that when tesla comes out. Today our swing state economy series brings us to south st. Paul, minnesota. Weve been speaking to people on the ground as President Trump wants to flip this state red. He has less than two weeks to do so. Well hear about Business Owners and how the economy impacts the vote. Were ask our host, with a local business running here since the 1800s at the same location. How they weathered the pandemic and over times. They make fire hydrants and Fire Suppression equipment. Real interesting american company. Well talk a lot about that later in the hour. Fox Business Team coverage of our
Reporter good afternoon to you, melissa. Lets look at the market as theyre settling out. The dow looks like it is finishing down by 524 points. You mentioned the s p 500, that is important too, down 8 1 2 from the record high on september 2nd. 3580. You see the s p closed to 3236. You mention what dragged us down, it was selloff in tech late in the day. Well get to that in a moment. There was optimism early on in the session with respect to coronavirus vaccines, Johnson Johnson entering the latestage three trial that was a little bit positive for investors to get their heads around but again look at these dow losers here. Sales force. Chevron. Apple was one of the big ones, amex and boeing. On nasdaq, losers, fedex, amazon, netflix, align and liberty global. It was a rough day when it came to some of these stocks. It was sort of stock specific and then dragging all the indices down together. Remember this has been choppy for the last couple weeks right now as were heading in and gettin
There, senator mike lee, senator ron johnson, thom tillis, i believe Chris Christie was at this event. Reverend john jenkins, notre dame president , have tested positive for the virus here. This has gotten to be the source of confusion here. If so many have tested positive there, who is running things in the white house . Now all of this, of course occurs as people are waiting with bated breath to see if the president will indeed make it back to the white house today. There is growing hope from some of his doctors at least that is a distinct possibility. You have to remember with the ongoing concern how far this virus has spread, whether it would be a good idea for the Vice President himself, who was by the way at that event and with others Kayleigh Mcenany, hope hicks since, whether it would be a good idea for the vicepresident ial debate to happen . No one posited that that would be called to question, cancel that, outside of your screen in walter reed hospital. Were expecting a anno