The session. High intraday high russell 2000 continues its high but it, too, has faded during the session. The russell flat, the other indices negative coming up in todays show, well ask allianz chief economic adviser Mohamed El Erian about todays highs plus, the president of shopify about the companys new partnership with alipay mike santoli, tracking the market action. Meg tirrell has more news on pfi zechlt rs vaccine data and phil lebeau, covering the boeing 747 max. Mike, start us off here. Weve been dealing with a couple of issues, the market being a little stretched on the upside after that strong rally month to date. Over bullish sentiment has had a hard time getting traction, but no damage done at this point on the year to date chart were slightly above that september high by half a percent nothing damaging really happening here i wanted to zoom into the last ten days of trading or basically really more like eight days of trading, back to last monday, week ago monday. Pfizer n
Nominee joe biden offering more policy, less shouting, kicking the night off with different visions on how to respond to the coronavirus pandemic. Pres. Trump we are learning to live with it. We have no choice. We cant lock ourselves up in a basement like joe does. Mr. Biden he says we are learning to live with it. People are leaning to die with it. You also set a vaccine will be coming within weeks. Is that a guarantee . Pres. Trump no, it is not a guarantee, but it will be by the end of the year. Notbiden anyone who is taking control, who says i take no responsibility, anyone responsible for that many deaths should not remain president of the United States of america. Chiefbloombergs washington correspondent Kevin Cirilli joins us from nashville. What is the rhetoric on the ground . How to the markets need to Pay Attention to it . Kevin first things first, i think it was a shift in tone from President Trump, and that really provided him an opportunity to try to make direct appeal to
Today sonal desai, Franklin Templeton cio. There is a narrative out there that regardless of what happens in two weeks time, things will be ok, someone will deliver a fiscal package. How misplaced is that comfort that things will be ok . Sonal i think you have to break this up. First of all, the idea that within two weeks we will certainly know one way or the other. We dont know that for a fact. Over the last several months, the market has become increasingly comfortable with the idea that mailin voting will happen, we will have a blue suite, and it will be clear shortly after the election. And the election will not end up in court. It is a little risky to discount that completely. That is the first thing that could create a certain amount of nervousness in markets. The second issue is that fiscal package. Right now, we have come full circle of markets being concerned about a blue sweep to actually welcoming one because they are eyeing an eye watering we large fiscal package into next
So as we await those developments, weve got the dow, lets check it here, up 52 points. The s p better by 15. The nasdaq, up 58. All three of these indexes were down double to triple digits earlier. Right now, the nasdaq has been on fire. Now, since the march lows, its been the winner, right . The home of apple, facebook, microsoft and so many of the tech blue chips is a stock that is up. Nasdaq ceo is here to tell us where she sees big tech and all the other sectors in the nasdaq heading in the near future. And what might happen after the november 3rd election. Plus the zillow cofounder is not house hunting, hes Company Hunting. Hes here to tell us what hes looking for for his blank check company, his spac called super nova which just blasted off. Selfdriving cars, speaking of blasting off, roaring into the future and the present, hitting the streets of San Francisco without a backup driver for the first time. Gms cruz ceo here with how its going and should he convince you guys to get
Markets slightly lower, flat, off the lows of the session as charles said. No doubt, though, before making any bets, many want to hear what each candidate has to say about the Major Economic issues affecting the markets and the economy. So we in this hour are about to give you a jump on that. Our special president ial debate economic undercard, a powerful lineup for you. Larry kudlow, the National Economic Council Director, is here to defend the president s record. Former biden chief economic adviser ben harris explains joe bidens tax plan, his infrastructure plan and more. What happens if this election is not settled on election day . How should you invest ahead of that possibility . Billionaire investor marc lasry, ceo of Avenue Capital, owner of the milwaukee bucks, reveals how hes investing and our power panel. Biden donor Mike Novogratz and trump supporter Robert Kiyosaki face off on which candidate is better for the stock market. All right. So heres a live look inside the debate