Incumbent, what happens now and is it time to stop labeling trump voters races especially so many are black, hispanic, postelection error of potential new speaker of the house and the 2018 the media raise about the emails democrats elected to congress, have you heard too much about the republican women, i didnt think so there breaking records only joined by congressional candidates elect nicole malibu dockets and much more on making money. Loca. Charles the market is taking a breather after a sizzling week of gains, the notion of a divided government essentially you have a democratic president and then the split congress, historically the s p as turned an average of 13. 6 every time this happened since 1945, that is average, i think the market had a chance to look back at the strong earnings season for tickly with the positive to negative guidance ratio and this of course still hope the stimulus happens less than three or maybe less than 2 trillion, meanwhile he resisted point have bee
City is major spy hub. Markets pointing higher, dow industrials up 52 and the nasdaq up 39 and s p 500 higher by ten minutes. The dow moved 560 points between highs and lows, the Technology Startup set for a big price tag as it readies to go public with offering next week. We have all the numbers coming up. Speaking of tech, amazon unveiled a whole new slew of gadgets to boost gaming experience. Candy craze, more americans are stocking up halloween candy despite no worries of trick or treating this year. Mornings with maria is live right now. Take a look at indices. Things have worsen in the last few moments. Markets in europe poise today see the worst week in june as uk reports rise in coronavirus cases. Mixed story in asia as well,ation markets finishing flat but a mixed story. Japan and korea were up. Hong kong and shanghai were lower. Some of the top stories that we are watching out right now. President trump handing out drug discount cards to seniors as he lays out to America Firs
Selloff. Yesterday the nasdaq fell almost 5 . Apple in terms of market cap loss biggest market cap lose ever in one day. The race for the white house turning to swing states. President trump talking tough on crime during a stop in pennsylvania while joe biden visited wisconsin for the first time in nearly 2 years. Later this hour i will be speaking with scott car presenter whose business burned down during kenosha violence. Coronavirus taking down the dark knight. Mornings with maria begins right now. Checking Global Market action, european losses, almost 1 gain in england, in france, more than 1 . In asia overnight it was red across the board really following wall streets losses on thursday, south korea, shanghai, japan all to downside man wanting in Fatal Shooting of President Trump supporter in portland is now dead, Cheryl Casone has more, cheryl. Cheryl thats right, antifa member was shot killed an overnight by officers. The 48 pulled out gun right before she was shot. He was wante
And the recent peak last week up more than 80 . Some investors taking trips off the table. The 10 year yield down. It does not feel panicked. It seems more orderly. If below that, it could get disorderly but right now, orderly selling. You mentioned froth the market when it comes to tech. Any indication that comes out so far question mark they are still so far . They are still relatively high. Relative to technicals, it seems the buyers are trying to step in even with the sellers at work. Nasdaq 100 holding its moving average. Apple has not touched that support line. We could see some selling pressure but we are likely to see the market hold up so long as they are in place. Tech has taken the spotlight away from oil. Oil is down today more than a percent. It is something to keep in mind. It is risk off but oil is very sensitive to the economy. This is one time investors may be nervous around the economy. But overall, orderly and risk off. David lawmakers return to washington with a ful
Are already financially strapped. These are republican and democrat winners. Republican and democratic governors. Not eager to take over funding the federal government is supposed to be providing. Trump has not had a lot of takers on these offers and right now these checks are not going anywhere until some governors stepped forward. David it does feel like a game of chess. You heard secretary mnuchin say weve already given the money you need to spend, there a much of money youve not spent from the cares act. Craig i do not think the states see it that way. It is funny how the treasury secretary does the at that way. Theres also a game of tit for tat where trump looks at all the states, previously the hardest hit states for the democratic states. Your illinois, new york, california. Now you will have the republican states, florida, arizona. Trump team has been critical of the states handling of the finances, and some of the states budget Balance Sheets are awash in redp you would illino