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Up 95 points. The dow better by 393 points. Perhaps on investor belief that the worsening pandemic will shake congress fists open leading to, perhaps, the passage of a relief package. But as millions rush to get tested, rapid covid testing suddenly under fire from billionaire Tesla Ceo Elon musk who claims he took four tests with confusing results. So were bringing out one of the breakout stars of the netflix dock you series pandemic, dr. Jacob glanfeld, what he wants to hear from the president as the development of a covid19 vaccine inches closer to reality. And the coronavirus isnt elon musks only problem. Theres a new player on the electric vehicle front carving out its own ev beast face. Yes, thats right, the ceo is here in a fox business exclusive. Yes, the company is publicly traded. Well tell you who it is. All right, but first a fox business alert, just as americans rush en masse to get covid tested this hour, teslas ceo, ....
Deadlocked on stimulus we know the economy needs more stimulus, certainly pockets of it do. Does the stock market, though . What is if it doesnt happen im not sure if the stock market is pricing it in, happening right now. I mean, theres no scoreboard that i can tell you definitively its being priced in, but i dont think its in there. So if you do get something, i think it will be good for sentiment and it will probably lead to new highs, but if you dont, independent nm not sure as wbig of a disappointment as i would have thought six months ago. A lot of works continues to work, ive been talking about the housing stocks all year. Lows in particular in that index, low looks prime for a mega breakout, about to take out previous resistance, put that one on your radar. And then theres leadership from energy today, which is kind of weird. We were looking at some of these names and exxon could double from where its trading right now and still be negative on the year thats how beaten up this ....
The nasdaq gaining 1. 7 . There could be a big threat bubbling underneath this market. President trump and chinese president xi jinping both dialing up the rhetoric today at the u. N. General assembly. Reporter President Trump has often used his annual speeches at the u. N. General assembly to challenge his adversaries, whether its the Nuclear Regimes in iran and north korea or for the second year running china, which he took direct aim at in his speech this year that was prerecorded despite consummating a trade deal with china in january. At this years virtual diplomatic gathering, the speeches were prerecorded and shorter than usual, but President Trump pulled no punches against china, which he accused of letting citizens leave the country and infect others and accused it of withholding information about the virus. ....
En it got sticky out there yesterday afternoon. Were still going to see some of those clouds moving by and in fremont as you head out the door some mid60s for you. Well talk about whats ahead in our forecast coming up. Mike, how is it looking getting out the door for the commute . Well, kari, its better as far as visibility goes as well. Theres still fog reported overnight. At the toll plaza we see a clear view and clear flowing traffic. The map shows you the same thing as the crew in oakland clears 880 as well. We have no slowing through the construction zone, marcus. Back to you. Thank you, mike. We have breaking news to tell you about right now. Get your last uploads and messaging in. The Trump Administration announcing it plans to shut down tiktok and wechat on sunday. Reuters is reporting that news out of u. S. Commerce department. The news comes as the president was expected to announce whether the government would app ....
Wechat on sunday. Back to the race for a treatment for covid and a cure, at least a vaccine roche unveils a new Antibody Test and Vice President calls on trump to step down and tech volatility, the s p and the nasdaq aiming for a rebound to end what has been a turbulent week for stocks. So we will start with tiktok and wechat, jim, just listening to you and andrew a moment ago doesnt sound like you see a whole lot of material to salvage this in the next 48 hours. I think that walmart feels like its given everything it can, i think that the people in the private equity have given everything, oracle, difficult to tell whether they think they can do more, but they had really felt that when pretrump it was looking like it was 43 owned by u. S. , 14 by international, chinese own 45 posttrump they are talking about u. S. Owns 53, international owns 11, chinese own 36 i think its the ....