His Supreme Court nominee. No more stimulus talks, according to the president. The dow had been up more than 200 points and now you can see, it has swung to the downside, now lower by 267. Weve got the s p down 33. Nasdaq has lost all of its gains and more, down 128 points. But what are we to make on top of all of that . Of a trade deficit that expanded to its widest margin in 14 years, despite President Trumps buy american drum beating, the countrys taste for foreign goods, yes, thats you, remains firmly in place but a slight shrinkage in demand for chinese products. Is team trumps china trade war working or are we seeing squishy numbers in the middle of a Global Pandemic . Trumps biggest china hawk, adviser Peter Navarro, joins us live. And could it be the most intensely watched Vice President ial debate in history, as the vp candidates get set to battle it out on a utah debate stage tonight. Democratic nominee joe biden is just hours away, about one hour away, actually, of his own v
300 billion in direct Cash Payments will be available for every american citizen earning less than 99,000 per year. 3000 3400 for the typical family of four. Beenng like that has ever done. Up to 250 billion dollars in expanded Unemployment Benefits. The average worker will receive 100 of their salary. Or up to four full months. Normal unappointed benefits, independent contractors and the selfemployed will be eligible. Independent contractors and self employed people will be eligible for this. The 100 billion to support heroic work of our doctors, nurses and hospitals who have been incredible. 45 billion for Disaster Relief fund. We are setting up a fund of 45 billion for Disaster Relief. That is more than doubling the amount available to support my National Emergency and disaster declarations. Thebillion to build up Strategic National stockpile with critical supplies including masks, respirators, pharmaceuticals and everything you can imagine. Very depleted, our military was depleted
The dow eyeing eight Straight Days of gains on growing optimism around u. S. china trade. Weworks rocky road to an initial Public Offering. And the democratic faceoff, warren, biden, sanders dominating the debate stage. Just what their plans could mean for your portfolio stocks are chasing history this morning the dow and the s p each within 1 of hitting record intraday highs. The blue chips in the midst of a sevenday win streak for First Time Since may of last year. You have signs of a health y consumer, Government Data shows retail sales up. 4 in august, double expectations. Core unchanged, looking for. 1 but july even after that upside surprise revised higher. Is this ever putting the pressure on jay . I think jay powell is uniquely faced with a difficult decision. You posted some stuff the other day about you raised rates and the economy is not being hurt so why should we just want to cut them i continue to say he raised rates too much and i want i want to go for the full on 3 on e
And it is breakfast or bust. The latest fast food chain to cave on the i need my bacon in the morning phase. If you want breakfast, you are going to get it at that chain. Welcome from wherever in the world you may be watching. I am brian sullivan. It is the event everyone will be watching today this is by invitation only apple set to make a major unveil what exactly does tim cook and company have up their sleeves today. Lets see how the rest of your morning markets are shaping up it is not looking that way now dow futures are off. Apple is a big part of that story. The bond market has been ticking higher that continues with 10year note yield at 1. 63 yield. That gap continues to grow around the world, japans nikkei rose shanghai, their market fell a touch. Producer prices in china fell in august by their biggest month over month drop in three years in europe, the macrotrade there is lower they are all down. A lot of red not a big drop in europe lets talk about the macromarkets includin
Earlier lossers. Well start in washington as several goernls decide to move forward. Roughly a dozen state ags are part of this effort. That number could grow this is expected to be bipartisan im told state ags discussed this when they met back in july. One of those at that meeting sent us this statement saying the attorneys general involved will consider the data telling us they will talk about the status of the state and the own anti trust debut they said they will be working together to ensure Big Tech Companies are being held accountable. Both the doj are being held to their views. Still question about the action and the scope of where they will be for the tech industry, the message is definitely clear. Regulators are watching and they are tired of waiting back over to you definitely will keep on watching this. Joining us now with the stock impact, founder and ceo of the international. I want to get your take on the market where we are at here i think right now, not talking tech bu