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Good morning, everybody. Im becky quick and welcome friyay were watching the equity futures. Three down days in a row, but the dow did make a pretty stunning recovery, down actually over 300 points after the numbers at 8 30 yesterday that showed that initial jobless claims were higher than anticipated. Ended down by 20 points at the end of the session this morning dow futures down about 13, s p s p are flat lining, nasdaq basically flat lining too well be watching this closely to see how people shoring things up you as we head into this weekend. And also take a look at what is happening in the treasury market the ten year which yesterday fell back below 7. 0 and now is 7. 26 . Lets talk about what happened last night. President trump and former Vice President biden making their case to the American People on dueling town halls i was sitting there with my remote going back an ....
Secretary talks to cnbc moments ago. Shares of Morgan Stanley are slightly lower, it would appear, ahead of the open. The bank topped revenue estimates by a billion on what was stronger than expected trading revenues and ev price war elon musk cutting the cost of teslas model s for a second time in one week, carl meantime, guys, got to take stock of this selloff here in the premarket, jim general take this morning is that the market is now catching up to what we know has been a problem in europe, and these lockdown restrictions in the uk and france are getting more serious. Dollar strengthening, some believe, because the situation here is at least better than europe on a relative basis. I think were importing their negative ty. I dont think it is going to last you cant make any moves to the positive until about 11 00 when you start seeing their markets peter out. It is one thing, it is very frightening when you read what is going ....
Stand in for him, and we will pick up. I will read his statement. Very good. Before we get started i request unanimous consent that a member of the full committee be allowed to join us, mr. Brown, who is behind me, and participate in the questions. And there is a formal unanimous consent that a nonsubcommittee member participate in the hearing after all of the subCommittee Members have had an opportunity to ask questions. Is there objection . There being none the nonsubcommittee member is recognized at an appropriate time for fiveminute questioning. All right. With that, committee will come to order. Ladies and gentlemen, i call the committee to order, the subcommittee of the Armed Services committee. Since february of this year, the subcommittee has been conducting extensive oversight of the Privatized Housing mi ....
Participate in the questions. And there is a formal unanimous consent that a nonsubcommittee member participate in the hearing after all of the subCommittee Members have had an opportunity to ask questions. Is there objection . There being none the nonsubcommittee member is recognized at an appropriate time for fiveminute questioning. All right. With that, committee will come to order. Ladies and gentlemen, i call the committee to order, the subcommittee of the Armed Services committee. Since february of this year, the subcommittee has been conducting extensive oversight of the Privatized Housing military program. We first heard about the systemic failures in the privatized military Family Housing program from a panel of courageous military spouses, who provi ....
I will read his statement. Very good. Before we get started i request unanimous consent that a member of the full committee be allowed to join us, mr. Brown, who is behind me and participate in the questions. And there is a formal unanimous consent that a nonsubcommittee member participate in the hearing after all of the subCommittee Members have had an opportunity to ask questions. Objection . There being none the nonsubcommittee member is recognized at an appropriate time for fiveminute questioning. All right. With that, committee will come to order. Ladies and gentlemen, i call the committee to order of the Armed Services committee. Since february of this year, the subcommittee has been conducting extensive oversight of the Privatized Housing military program. We heard about the systemic failures in the privati ....