Strong data on housing and jobs along with big beat for chicago pmi. Late breaking headlines regarding modernas vaccine. Off session highs but off the lows as we speak still wog up on the show. Coming up San Francisco fed president mary daly to talk about economic recovery, stimulus and jobs picture in america. Plus we will get a read on the consumer when we talk to the ceo of General Mills his first interview since reporting earnings last week. Cocacola entering Hard Seltzer Market with help from molson coors well talk to the ceo of molson coors exclusively about this partnership and more lets get to the big stories 59 minutes of trade. Mike santoli tracking Market Action as stocks look to close out september with a bang. Meg tirrell with headlines around moderna and leslie with the latest on palantirs review. The market, whats driving it . Sara, a lot of things blowing around in the market, quarter end, reaction to the debate, pretty good economic numbers but also in the context of a
We ta retail sales were lower than expected autos adding to the pain with biggest names if the group or deck for earnings next week, well tell you which stocks could be set to take off later, it is apples epic battle both apple now and google kicking out fortnite out of their app stores well explain why they are doing it the fight it could spark and the crackdown on big tech that could be in the cards. Power lunch starts right now happy friday to you. Check out the transports out performing this week up 4 those moves are thanks to fedex and avis budget up double digits for the week with all the major averages up more than 50 from the march lows, its the question being heard around wall street is the market rebound getting too far ahead of the economic rebound. Were digging into the data. The stock market could recover its all time highs we went back to 1973 and looked at how stocks behaved. It takes 2. 7 years to get even this recovery probably will be measured in months the fed and co
I is possible. They also appreciate the chance to bring some ten i ten unseat e Trump Administrations work speed effort. This transparency will be crucial to secure the american Peoples Trust that the vaccine will be made available only once it is proven to be safe and effective. Congress has already taken actions to support these efforts. This spring, congress provided the Vaccine Development and manufacturing of birds and other medical countermeasures. Then two months ago the house passed the heroes act, the comprehensive legislation to strengthen the nations ability to fight the pandemic like altering the Strategic National stockpile and increase funding for Research Development and manufacturing vaccines and treatments. It would also require the administration to get to congress a vaccine plan identifying the activities undertaken to manufacture distributed vaccines safely. The house passed the act more than two months ago and the senate has failed to take it on into the death rate
Who i see on my screen here, until im willing your evil to return, documents for the record can be sent to Benjamin Taylor and the email address we provided to staff. All documents will be entered into the record at the conclusion of the hearing, and i want to inform all members and witnesses that we are expected to have a series of hearings on the floor all day today. I expect that what we will do is we will rotate through, so that both on the republican and democratic side, so that we will be able to continue to hearing as seamlessly as possible, when the chair has to go, mr. Pallone will preside, and vice versa mister guthrie, i would hope that the republicans can do the same thing. The chair will now recognize herself for the purposes of an Opening Statement. inaudible my question is, are you needed, chairwoman . I was muted because my staff is looking for my Opening Statement, which was not included in my briefing outlook. I will make my Opening Statement in just one moment. Mr. P
Perform as expected, will the market behave, will the economy do what its supposed to do. How do you minimize the risk of disappointment the dow gained, the nasdaq climbed. 05 let me tell you one trick i have learned in 40 years of investing for improving your odds. I like to rely on a brand, and more importantly on Proven Management when you end when you have a ceo who implicitly represents a pristine enterprise, you dramatically increase your chances of a successful investment, maybe a major score. Today we witnessed the best example in living memory of how things tend to shake out when you combine an amazing brand with a tremendous leader we saw what happens when you put your faith in the Walt Disney Company and its ceo, the always bankable, bob iger we learned their new streaming service, disney plus, the one that launched yesterday already has more than 10 million subscribers. And that sent the stock up soaring more than 7 all aboard. Ever since i first met bob iger when i was a l