To increased economy. There is a one month to in germany, not good for our market, same thing in france and a Record Number of new cases in america over the last seven days. Thats not good either and a time clearly running out for stimulus package before the election. We will ask larry kudlow about that. Dow industrial 900point drop yesterday, dead flat at the opening of this morning, pretty much the same story for the s p, modest rebound for the nasdaq. This is the big day for big tech, apple, amazon, google and facebook will tell us how they are doing financially. Report on this about 4 00 p. M. Eastern this afternoon. Extreme importance because these are the most important and powerful countries in the world. Their stocks have had a terrific run, but they have come off their highs and we will ask if the blue is coming off the big tech. Campaign headline, joe biden leaves his house again. Today hes off to tampa, florida and so is the president. The latest poll shows a dead heat, 48,
Claims he could have died from his own covid infection. Not yet confirming that he is negative tor the virus. And casing spike in parts of northeast and 11 states in the middle of the country see record rates of infection and. And one of the oldest state fairs is maintaining the tradition while keeping patrons today. But we begin with todays eye opener. Youre world in 90 seconds. It is a Tropical Storm so it continues to elongate and it weakens but still the threat of rain, still the threat of storm surge. Hurricane delta roared ashore friday evening at category 2. Now it is weakened to a Tropical Storm. I think the story becomes how active it has been in the gulf of mexico this year. Despite the arrest of 13 man charged with planning to kidnap her, givenen whitmer said the threats against her havent stopped. I feel very good, i feel strong. President trump stopped taking coronavirus related medications midday on friday. I havent even found out numbers or anything yet but ive been rete
I do want to talk about the resiliency of american corporations to adapt and adjust , whether it was Johnson Johnson a bit ago, the seven could jillian dollars the seven gajillion dollars at blackrock. Thenow the story, executable excellence we are seeing in the statistics. It is going to be fascinating. Jonathan it might be too early to say the gloom of pandemic is behind us, but it might be time that we talk about the provision build of these banks. The number comes in at 611 million. I think that is the positive out of this Earnings Report this morning. Talkednali basak really about that being a key statistic, and it is better than good. I go back 10 minutes ago, the idea that they suspended share buybacks, and yet theyve got enormous Free Cash Flow available for Dividend Growth and maybe some share repurchase. Granted, youve got the mystery of what commercial real estate is going to do. Jonathan i imagine their Capital Return Program will change drastically in about 12 months time.
Gamers on the go and a mini version of his home pod smart speakers. We are about to get you all the details, the prices and what will no longer be in the box when your new iphone order arrives . This as gadget lovers may just be bringing christmas early to amazons bottom line. Prime day in full swing at this hour. Our power panel unpacks it all in just a few minutes for you. You got to hear what they have to say about both apple and amazon. And despite titillating tech news, look on your screen. We do have a selloff. Stocks are buckling under the weight of perhaps bad news on the Covid Vaccine front. Positive earnings news unable to save the Johnson Johnson stock after the Pharma Company announced last night its been forced to pause its vaccine study. But which marketmoving force will win out in the long term . Earnings or the vaccine headlines . Our floor show traders are about to place their bets. Plus, the electric vehicle spac tidal wave just getting even bigger. We take you inside
Before the u. S. Election. Cyprus scraps its controversial citizenship for Investment Program after an undercover investigation by aljazeera. And the netherlands becomes the latest european country to ramp up its coronavirus restrictions as infections keep rising. Abortion abomb acad guns and gay marriage some of the topics featuring on day 2 of the confirmation hearings of President Trumps u. S. Supreme Court Nominee Amy Kearney Barret republican and Democratic Senators each have 30 minutes to ask her about subjects that a touch points to Many Americans the full senate could vote by the end of the month on whether to appoint her just ahead of the u. S. Poll on the vendor the 3rd that barack declined to say whether she would recuse herself from any cases related to next months president ial election. She also sidestepped questions on abortion by Dianne Feinstein the most senior democrat on the Senate Judiciary committee its a contentious issue which is a no one reason why it would be c