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Some traction. Right right. Well, look, i think that the charges that leader mccarthy made which basically are saying that Speaker Pelosi just doesnt want to deal actually are in somewhat synch with what Jared Kushner was saying because that maybe there cant be a deal until after the election how about the next three months . We just decide theres been no ppp for september, october, november, i dont know whether thats sacrificing the american working person for the election or maybe someone actually thinks the economy is coming back david, you know that we are hearing persistent stories that because vaccines are all going to be ready its time to start thinking about a fedex which reports tonight, its time to start thinking about a Union Pacific i have on and time to start thinking about pretty much every industrial like ca ....
Giving a lot of insight well be bringing you results apple, amazon, alphabet and facebook all report their earnings coincidence those four Companies Make up about 16 of the s p 500. Worth about 5 trillion combined and come a day after the heated antitrust hearing. Wolf, this is a good read in for you. For sure. There was meant to be three of those. Facebook got moved from yesterday to today after that hearing. After the close, we are waiting for two economic reports it is thursday, that means weekly jobless claims. Another 1. 4 million filed for the first time last week the first read on Second Quarter gdp. The economy likely contracted by 34. 7 . Both jobless and gdp due at 8 30 eastern time you look at those numbers down 34. 7 from the estimate we know it, weve been hearing from companies and what has been happening. Thats a lot of news to digest ahead of all of these repor ....
I want to take you live right now to the ups airport hub in atlanta, georgia, where you can see the crowds forming. At any moment, President Trump is expected to announce a new policy that he says will expedite and modernize the approval process for major Infrastructure Projects across the united states. Projects that often take years to complete, they take so long sometimes, Companies Just abandon their effort. We are going to take you straight to atlanta as soon as the president makes what could be a marketmoving remark. The bulls are still humming but they were singing at the top of their lungs earlier in the session. Dow jones industrials had spiked 428 points. Its up 129 right now. In the Early Morning move, there was very encouraging news out of moder ....
And clean energy investment. Then almost simultaneously, President Trump is about to sign an executive order to promote hispanic prosperity. We are monitoring both events. We will take you to the rose garden for President Trumps event and we will see whether he addresses todays Dramatic Supreme Court ruling that could allow state district attorneys to access his tax records. That ruling does have a distinct connection to Business News and stocks. Take a look at the dow intraday. It tumbled to session lows just after 10 00 a. M. Eastern, immediately after the Supreme Court justices rejected the president s claim of immunity in a new york state criminal investigation. Congress cannot look at the tax filin ....
I showed them other articles too where governors, democrat governors are saying we have done a fantastic job Gavin Newsome said theres not a thing hes asked for that we werent able to get limb it was a positive statement. Many democrat governors have said the task force and the federal government, what we have done has been terrific [ inaudible question ] this was unexpected this came out of china and hit us and many other countries. You look at the numbers. I see numbers just by watching you folks. I see its over 100 different countries. It hit the world were prepared and doing a great job with it. It will go away. Just calm. We want to protect our shipping industry our cruise ships we want to protect our Airline Industry everybody has to be vigilant and careful. Be calm. Its really working out. A will the of good things will happen the consumer is ready. The consumer has n ....