The overwhelming interest you showed in the first one last month included, of course, Trump Administrations larry kudlow, biden economist ben harris, mike novogra novogratz, robert kiyosaki, marc lasry. It was epic and we heard you tell us you want us to focus on all the Money Matters of the two president ial candidates. Its a win win so here we are at it again. Straight ahead, we are joined by forbes media chair and former republican president ial candidate steve forbes. Former chairman of the council of economic advisers austan goolsbee. Energy secretary in the Trump Administration dan br oushgs illet. Trillions of dollars of stimulus could be headed for the economy before the election. We stress could. The dow was down 332 points earlier. We are down just 26 now. S p lower by 10. Off the lows in a big way. The nasdaq off 84 points. Low of the session for the nasdaq, triple digits so definitely a better picture here. Boy, did we see an interesting move in the tenyear yield. It contin
Heavily political negotiation we said we cannot tell what is going to happen. The market seems to believe there will be some kind of stimulus, the dow up this morning up 150 and nasdaq of 171. Plenty of green on expectation of a stimulus deal. As for the white house, doctor sean conley says the president has responded extremely well to treatment. And expects him to return to public engagement, mr. Trump is going to do just that, hes going to florida for a rally tomorrow. Speaker pelosi questioning the president s fitness for office, she intends to bring up the 25th amendment to the constitution which is about the presidencapacity to function. On the one hand they negotiating training in dollar stimulus plan and on the other the speaker questions mr. Trumps ability to run the country. To the debates, more confusion. Mr. Trump will not participate if its virtual, joe biden says he will be there anyway. But he has scheduled a town hall with abc on debate day, october 15 and a raging debat
China the stock set to add 100 points to the dow in todays session. There is a countdown to election day 41 days to go, former Vice President joe biden heading to North Carolina today, meanwhile President Trump also getting ready to announce his pick for Justice Ginsburg Supreme Court seat, democrats threatening for pack the court if it is filled before election day. Justice ginsburg will lie in her pose at the Supreme Court building and then on friday she will become the first women in history to lie in state at the u. S. Capitol building, also happening on capitol hill, dr. Fauci will testify before the senate at 10 00 a. M. Eastern and Jerome Powell will testify before the house select subcommittee on the pandemic. And the president expected to speak to veterans and their love and a coward. It is a live action show today and Varney Company starts right now. With your help, your devotion and your drive, we will keep on working, we are going to keep on fighting and we are going to kee
The dow down by almost 1,000 points the decline of 1. 8 . S p by over 8 the nasdaq a miracle come back after a laydate rally weve been bouncing around positive territory right now, the dow down around 14 points, s p up about seven points and the nasdaq up about 70 points. We are talking about a town month for the markets, we are looked at four sessions in a row. Thats the longest losing streak looking at these numbers, you are talking about these lower numbers. Month after month i think we had april, may, june, july, august are all up. Stocks only go up not in september. In an Election Year it can take on significance. The nasdaq can move. We can see it down 400 or more points can that close higher again today . Thats a good move you could look at it midmorning and then it seems like it is not the tale at this point kind of the log. Faang, tesla and the leadership move. Apple made the rally yesterday too. Gold is supposed to go up bitcoin, supposed to go up weird. Thats where you think
[narrator] finish your degree at snhu. Edu. It is 11 00 a. M. On wall street and squawk alley is live. Good morning, welcome to squawk alley. As we watch the markets have a nice bounce on this monday morning, the down up almost 500 points the s p holding on to 3335 banks and energy are part of the story. Banks, amazon up almost 50. Amazon in the news this morning because they set a date for prime day. That will be october 1314th, delayed because of the pandemic. That is setting up a unique one to thee. Now october actually has a lot of action. You have prime day, that is probably in september. Then you have singles day, then you have black friday. In the mix there you have console launching happening there. It is an interesting moment for investors to think about what that means, all of that retail momentum going into q 4 and how that might play out differently this year. That is right, john there is so many different shopping events for the year also something that i have looked as is