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Well in many states. Businesses are holding back from spending amid the pandemic and stimulus talks appear to be at a standstill once again with leaders from both sides accusing one another of moving the goal posts in the negotiations. Unlikely we will get a stimulus before the election. 59 minutes to go, dow down 2. 2 . Lets get to the stories we are watching right now as stocks fall sharply mike santoli is tracking the market selloff for us. Which parts he is watching in particular meg tirrell digging into the latest covid numbers mike, whats the broader take on what is happening today average bit of a rethink on a mull pent fronts the idea that covid might cause more business disruption last week the s p 500 was skirting this boundary between this sort of breakout level we had and around 3,400 we are actually below that right now. Did a little bit of damage s p and the nasdaq fell below the 50day average the s. A. P. Warning probably evented the nasdaq from doing a better job of sup ....
Seema mody is here with those numbers. The month of october, but off the highs. Were currently up, the nasdaq, though, leading again up around 1 for a second weekly game over the last couple days, continuing to fuel the that tracks them actually notching a fresh alltime high today. But rebounding much here it is again, a nice gap between the housing sector and the s p 500 pinterest up another alltime high etsy just 7 from its record high palantir just flagged below that 10 opening bryce. Kelly, back to you. Nancy pelosi appeared the treasury secretary are meeting right now. The white house has said pelosi is not interested, the white house but thor pelosi made it clear she doesnt want to do piecemeal legislation. It condition as tune cost because theyre wealthy, theyre successful, at the expense of the poor were not going to exploit the needs that people have to help the high end other areas of disagree, state and local aid, kelly, mnuchin had said whether or not and what i find out, b ....
Magazine what we see is the economist saying free money when Government Spending news no limits of course the big calling and Gold Community saw 1st by coming up with that mean money print to go broke and of course they saw it the mean was powerful and that unleashed the crack and in big point it unleashed a crack in solver it unleashed a crack in in gold but only if the crack and over at the you know the. President. Was just rather sure. Also. What do you. Yes its free money and the Economist Says quenching out that this could be something to be worried about d and it of course because why its so worrying is that its the psychology once the mind changes once the mind expects that this is the way things can be Going Forward that we dont need to work we dont need ....
Unrest in America Portland rorked by violent protest overnight. President trump trying to bring safety and security back to america cities announcing surge in federal Law Enforcement. Coming up at 7 30 a. M. Eastern this morning, former new York City Police commissioner ray kelly is here live. Market this is morning pointing to higher opening this morning earnings driving story take look dow futures right now, up 123 points and nasdaq up 98 and s p up 14 and a half. This after hopes of a new stimulus plan and optimism over Coronavirus Vaccine, fuel market yesterday. Dow industrials were up 165 points at the close yesterday. Nasdaq up 25 and s p 500 up 18. Play ball baseball openingday today the game without fans in attendance on this openingday 2020. Plus ....