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Gained 160 points, but the nasdaq dipped 3. 4 we still care about the federal reserve. They know nothing just kidding. Or the president s speech tonight at the Republican National convention. But the core question is very simple, do you think we can beat covid19 sometime soon or are you expecting it to plague us into next year that can be difficult to see today, we were obsessed with fed chief jay powells big speech at jackson hole we parsed every word, and it wasnt worth parsing he was a prisoner of the flimsy orthodoxy, but these days he doesnt want to be the reason the economy falls apart. Hes saying forget the foolish ways of the past 40 years of fed chiefs his goal is to help the economy, period, until the pandemic lifts. Its joyful. Hes really smart and good guy thats a stock market like a supermarket. There are some aisles we want to go to when the virus is raging, and theres others we want to go to when its on the rop ....
Within the dow. Take them out of the picture, things wouldnt be as bad as they are now. Were well off the earlier lows, down 400 points, down about 165 points but also fueling this, offsetting this if you will is talk of progress on that stimulus front. You remember where they were looking for republicans, another 250 billion for the Paycheck Protection Program . Well they ran into a buzzsaw of criticism from democrats that argued it was too tilted to business so they wanted to make assurances for health care workers, hospitals, that sort of thing. I stress that they have reached a broad parameters of a deal. It is not a deal until they both mutually agree. Were seeing progress on the front. That mitigated losses in the dow and offset the oil impact. Edward lawrence joins us now from washington with how this is all progressing. Hey, edward. Reporter neil, close, very close. That is how it is being described. As you sa ....
Word joint down thousands of young people on the march through madrid which is hosting a u. N. Climate conference there demanding that World Leaders take real action on Climate Change. And france braces for a 3rd day of travel disruption with yellow bus protesters expected to join the striking transport workers the government insists it will not back down from its planned tension performs. Omarion evanston welcome to the program we begin in australia where several bushfires have joined together north of the countrys largest cities sydney they formed whats being called a mega fire its burning out of control in an area roughly 60 kilometers across and Authorities Say its just too big to put out bushfires are common in australia but meteorologists say Climate Change is ....
Whats at stake for them and tech investing the Halftime Report starts right now. Welcome good to have you with us on this tuesday. Our Investment Committee with us lets start with the markets theyve been up for three straight quarters. The s ps largest gain over that period since 97 the question is what comes next . You tell me what comes next, pete the economy doesnt look good. Looks like it slowed down more and slowing more. No doubt about it. I think the interesting thing is tony dwyer had a nice note out talking about the mini recessions hes talking about this one continuing to be a mini recession and looking for opportunities. Saying it looks like maybe this is an opportunity in terms of buying after this selloff today. Have we had a nice start in terms of September September was absolutely fantastic. Fi ....
When hong kong opposition that is later claudia most has land failed to answer questions about the suspended extradition bill that protesters want and tie and withdraw. Can we let him have basically you can. Go to the paris or the who is actually running the show in hong kong and that is a shame because the prince who is asking. People to come to me to do work that what she things right the so examination all this it all according to baby sit down and she would not read the. Journalistic suggestion that she may not be in charge now thats actually could be taken as insulting the suggestion for a new. Leader. Now operations are slowly resuming at Hong Kong International airport after protests shut down the travel hop on monday passengers have been queuing to check in less than 24 hours after demonstrations flooded the main terminal the protests forced the cancellation of more than 100. 00 flights. And other news hundreds of ....