Connell mcshane. Melissa ima Elizabeth Melissa francis. But off the lows of the session. Any minute President Trump will be visiting the cdc in atlanta after signing 8. 3 billion emergency coronavirus bill, earlier today we will bring you any comments from the president if he stops to speak to reporters. We have fox Business Team coverage blake burman is live at the white house christina is on the floor of the Stock Exchange and bill flynn is watching the action and oil at the cme. Lets kick it off with christi christina. We came back within the last 15 minutes, we saw a 500point swing to the upside, tons of volatility inc. Connell pointed out the red, green and the only felt down 1 roughly, not even 254 points. The nasdaq down 1. 87 . Off of the session lows, especially towards the last 15 minutes, a lot of buying and selling. If you take a look at the week, across the board those of the charts youre seeing, s p 500 up about 18 points, down 457 points, we are in the grade, not at 2 bu
And were going to get more numbers today. Our roadmap begins with apple shares falling in the premarket after the Company Reported a drop in Quarterly Sales for the first time in 13 years. So what happens now . We got reports that comcast in talks to buy dreamworks animation. That has the stock soaring this morning. Well give you the latest. And twitter shares down about 15 after reporting revenue that misses estimates. Well hear what jack dorsey had to say about the quarter. First up, the miss for apple taking a toll on the stock, quarterly revenue down as iphone sales slide for the first time. For the Current Quarter heres what tim cook said on last nights earnings call. As we continue through the june quarter, id like to remind you that we measure the health of customer demand based on sell through. Despite ending q2 within our channel inventory targets in light of the macroeconomic environment, we plan to lower our channelin e venn toirs in the june quarter. This will impact report
The nasdaq off by 11. Take a look at at asia. Nikkei was down by a quarter percent. And the shanghai composite down by 2. 8 . In europe. Same trend weve seen. The dax is down about half a percent. The cac close to 1 . Ftsi down. 7 . And crude oil, wti is down slightly, at 44. 12. I dont think the market is ever going to go up until it stops raining. And it is 50 and raining for like the day in a row here. Only been five . Yeah and. Probably use some rain. These guys could use some. This is a worse story. Developing wild fire out of canada this morning. Officials warning the fires could spread even more because conditions are still tinder dry. At least 88,000 people have already been evacuated and more than 1600s and buildings destroyed. The fires could lead to 9 billion in insurance cost. In an area with the Third Largest oil reserves in the world and estimates suggest production cuts could wipe out canadas growth in the Second Quarter entirely. That is a big story. Also, stocks to wat
Confidence, and even as parts of the south are seeing signs of hope, thats important. Look at those green states there, officials are looking at potential surge in americas heartland, more on what is causing those worries in a moment. Even is a the country sees more than 177,000 coronavirus deaths and counting, the gop last night was touting President Trumps Pandemic Response during that first night of the Republican National convention. There were also many attacks on joe biden and a dark future, they say the country faces, if he wins in november. Lots of hyperbole last night. Were also following new developments as protests in wisconsin are ramping up after a black man was shot by police in front of his children. Well be live in kenosha with the latest on those protests and what we know about the investigation, but first cnns randi kaye joins me now on the concerns about coronavirus surges in the midwest. Where exactly and why do Public Health officials believe this is happening now
Joining me is matt lewis, Kayleigh Mcenany, trump supporter and lanny chen. Good evening to all of you. Kayleigh, you first. The next republican town hall is here on cnn tomorrow night. What does donald trump need to say . What will voters be looking for, in your estimation . The biggest thing is his economic message. You look at wisconsin in january and all 72 counties, unemployment actually rose there. So donald trump needs to pivot from what weve been seeing on twitter and get back to the message that has made him so popular in mississippi and michigan when he brings forth this message i am antifree trade or not necessarily antifree trade but within reason. If he pivots back to that message, he can win wisconsin. Lenny, how important is wisconsin in terms of denying donald trump the 1237 delegates to seal the deal for the nomination . Don, its crucially important because, first of all, this is the first state thats gone in a long time. Its going to be important for ted cruz or the a