This is what markets are doing now, steady as they go. They seem to be range bound. A lot of focus is on President Trump and his health. A lot of focus is on the risk off move we saw friday not filtering today. The yen is retreating, trends study, pound weakening as they start a two week period of brexit talks. Lets get to our top stories. Its been a weakened of speculation over President Trumps health. Sean connolly now admitting to giving a statement about the president receiving oxygen. What do we know about the president s condition right now president s condition right now . Doctors in a press conference sunday sounded upbeat, saying he was improving and could be discharged as soon as later today. But remarks were inconsistent. They withheld information about level,gs and his oxygen john conolly telling reporters the president did indeed receive oxygen friday. Connolly previously said he did not. We also know the president has been given three experimental treatments, remdesivir,
Administration of government will continue uninterrupted. Campaign staff are tested positive and she was on air force one and marine one with the president on wednesday. There is a long list of senior officials who came in close contact with her. The risk is some will test positive two. Vice president pence and his wife karen tested negative, so to has Steven Mnuchin. The president will be off the campaign trail for the foreseeable future, his trip to florida has been canceled, it is possible that the next debate will be effective, its 14 days away and the hearings for judge Amy Coney Barrett will be affected, shes been visiting senators all week, yes there is a stock market selloff, this is what happens when you throw more uncertainty into a chaotic election, it is not panic selling, the dow was off 460 points, that is 1. 6 , that is a big drop but not a panic, the nasdaq component down threepoint to percent, a very big drop but not a panic selling. A halfhour ago, 830 eastern time, w
High level talks end with bipartisan deal. Office of trade and manufacturing policy, Peter Navarro joining me at 8 00 a. M. Hour live coming up. It is jobs friday. Economists are predicting 850,000 jobs added to the economy in month of september. Unemployment rate to tick down to 8. 2 . Special long coverage begins this morning, all hands on deck at 8 00 a. M. Eastern. Markets reacting to the President Trumps coronavirus test. They are negative. Dow futures down 440 points. S p down 57 as the markets react to the president s diagnosis. This after choppy first session of the Fourth Quarter and ended in positive territory. Dow industrials up 35 points, nasdaq up 159 and s p higher by 17 at oclock on wall street. Mornings with maria is live right now. Take a look. European indices down, dax index lower by 139. Korea, hong kong all closed for holidays but nikkei average in japan open was down twothirds of 1 , breaking news overnight President Trump and First Lady Melania Trump have tested
Moments ago, President Trump released his first statement since being admitted to the hospital for coronavirus. With just one month until election day, he said he is eager to get back to work. I feel much better now, we are working hard to get me all the way back. I have to be back because we still have to make America Great again, weve done an awfully good job of that, but we still have steps to go and we have to finish that job. And ill be back, i think ill be back soon. Alive look at Walter Reed Medical Center where President Trump is receiving treatment right now. A highlevel official is mourning the next 48 hours will be critical in the president s fight against covid19. We also learned today former new Jersey Governor Chris Christie has checked himself into the hospital after testing positive for the virus. Christie, who suffers from asthma, said he has a slight feeder and his hospital stay is just a precautionary measure. Natalie brand is at walter reed with the latest developme
Have one today, chipotle, the companies that fell a great deal and made a snap back like tulio where it makes it so you can take your Small Business and take it large, what do these things have in common . They are omni channel for companies that would otherwise fail i think its this is ingenuity quarter. I know there will be people who say its a v quarter, i know there will be people who say its because the fed i think its companies that recognize what was the matter and found ways to make money i found it a very inspiring quarter given the cynicism that were surrounded with and the negativity which is frankly overwhelming for many people so you think that even though the fed has bought, what, 1. 7 trillion in treasuries in four months and even as that pace flattens out were going to continue to get innovation like that i find there is Just Innovation everywhere. I had honeywell on last night, theyre solving the problem of the vials with plastic, there arent enough vials to go around