Nicely brings us to our lead story tonight, a big enough story to displace the pandemic at the top of this broadcast. Barring disaster, the democratic ticket will be biden harris. The 55yearold california senator will appear with joe biden tomorrow in delaware, as close to each other as the cdc allows. The announcement came electronically this afternoon. The secret held while biden notified the others of his choice and, make no mistake, this is historic. Kamala harris is the first black woman and the first person of indian descent to be nominated for National Office by a major party in our country. She was joe bidens rival during the democratic primaries, announcing her own president ial campaign back in january of 2019. During his now daily briefing, the president attacked harris on health care, military funding, petroleum and taxes, and said he was surprised at her selection. She was my number one draft pick and well see how she works out. She did very, very poorly in the primaries,
Astrological allison im just riffing right. Now i can see, that i can see that. It is astounding, alison, astounding. Better. You are not floors out of the park, then id like to i thought it was my smile, my dad is a dentist, thank you so much. Im not your distracted. Im not jubilant. You are not jubilant, jake, i like that. War, nor jocularly, more jaded. You seem jocularly when jimmy camel was cracking up. That was great. He is great. Its funny. Hes a funny guy. Anyway, great to see you, guys have a great show. I will lift you off. Were all right, keep it up, for good evening everybody. Im alison in new york. And im laura coats in washington d. C. , this is cnn on a night when the president of the United States lays out his Closing Argument with the midterms just merely days away is warning election deniers could lead the country down to what he calls, impact to chaos. He insists that democracy is indeed on the ballot. We are about to see the things he is warning, about and may turn
Judge who will be here with us live in a little bit. Captain wait to talk to him and get his impressions. Stock is not responding at all today. Look this, programming language is a fascinating one to discuss. Well go to the graphics, sorry, guys. Denials of wrongdoing are coming fast and emphatically after leaked reports that the government is investigating Insider Trading involving activist investor carl icahn, golfer Phil Michelson and noted gambler bill walters, plus billionaire mark cuban is now taking to twitter in defense of those in the crosshairs of the s. E. C. This is a fast moving story. Well have the latest on that coming up. Yes. Another important story. Cant talk enough about this right now. When the new normal in the Auto Industry is a sevenyear car loan, is that a red flag for auto sales . Why some fear that this is a sign that all of this could end badly, much the way housing blew up a few years ago. Phil lebeau will give us a full report. For the first three months am
Dow jones industrials down 117 points and those losses down 6, the nasdaq composite the best group to dance names like microsoft and cisco doing well and the nasdaq is one of the 3. We got a weaker forecast in europe and that weighed on things around here. And cbs, a care markets briefed via outlook, and the fact they have participation of public and private Health Insurance they say list revenue going into 2014, isnt that nice . Up 2. 7 . It hit a new high at 64. 44 and they noted the process more prescriptions for new clients which was good news. Lets watch traffic with competitors noted traffic for items falling to a certain extent. Adam so far 2013 is the strongest year for ibm ands since 2007 with Tech Companies featured prominently among those going public including of course twitter. They start trading thursday but how worried should an investor be that several of these are not even profitable . For is that they turn to john molloy, a cofounder of blue run ventures, joins us for
Not much of a market move, but still five in a row. Reporter yeah, well, five in a row to the downside. Yeah. Reporter the bottom line here. The dow jones industrials, up modestly 45 points in the middle of the day, and ended slightly in negative territory. If you want to know, what happened in the last hour, because thats why im here, folks, exxon. It did it again. Look at this. There it is. Are we down . Down. Exxon is down 19 out of 20 days by my count. And, yes, yesterday was 18 out of 19. Theres your problem. Energy stocks, chevron was also weak throughout the day. Volume picked up. Lets move on here. One of the reasons we were calm throughout a good part of the day is the 10year flat lined. Look at that. Its just about a flat line here. The yields, i mean, on the downside. Prices on the upside. That helped throughout the day. It helped, also, that emerging markets were a little calmer. It was generally downside day in emerging markets, but a little calmer. Theres the eem, the eme