Fourday losing streak joe said it. Youve got nike being a big gainer there nike is responsible for about 100 points of the gains. S p futures up 13, nasdaq up 41. Nasdaq was the big gainer. Facebook up about 3 these are the ones that moved so quickly those are responsible for so much of the gains it looks like the 10year seems to be yielding right around drum roll please all right, im going to say 0. 66 becauses that where it has been all right. 0. 67 last night, the house passing a bill to fund the government into december and avoid government shut down clearing the house by an overwhelming majority now heads to the senate where it is expected to pass they want to get past the shut down to focus on passing more Coronavirus Relief that is a little less unclear about whether Something Like that will happen joe . We mentioned nike doing well. Premarket doing pretty well beating estimates of 47 cents. Online sales rose and the company gave guidance for 2021 expecting sales in high Single
Storm threatening the gulf coast. And on the campaign trail, Vice President pence and Kamala Harris facing off in their first and only debate, the highlights next on this thursday, october 8, and this is worldwide exchange. Who is playing asia . Yes, spin eoff. They always surprise me with the music. I would fall from grace anyway, good morning, good ev afternoon. Welcome from wherever in the world that you are watching. Thanks for joining us. And weve almost made it, folks. Stock markets may make you money today. The dow coming off its best day since midjuly with a more than 500 point gain on the dow. The s p and nasdaq also coming off more than 1 gains and other good signs it is the transports gaining another 2. 5 yesterday, an alltime record high and overall, the dow is less than 5 from its alltime high, s p about 6 to go and nasdaq also about 6 from its record high as we claw back from those market declines a couple months ago. Around the world, stocks in asia hitting one month hig
Including coronavirus, the economy, taxes and the Supreme Court. Well be bringing you the very latest coming up this morning, all the highlights. But first, lets take a look at markets the morning after pointing to a rally at the start of trading, the dow futures up 8 85, nasdaq up 68 around the s p 500 up 11 and a quarter. Investors optimistic over talks targeting stimulus for airlines, Small Business and another 1,200 check for all americans. The president wants to do individual bills. This is what drove markets yesterday as well. Dow industrials at the close yesterday up better than 530 points, that was almost 2 . The nasdaq up 210. The s p 500 higher by 58. Were on it all morning long. Mornings with maria is live right now. European markets in the green, fractional moves, fq up 20, cac up 17 and dax index up 68 points in germany. Lets take a look at asian markets overnight, japan was the best performer, hong kong was lower, the Chinese Market remains closed for a holiday and the ni
That broadly speaking if we dont get that, there would certainly be Downside Risks certainly through the channel i mentioned. Thank you cnn. Thanks for taking my question chairman powell, give us an update to the policy framework and repeated calls for this and this event, is the fed open to other parts of the economy such as income inequality and Affordable Housing we monitor everything we think is important in the u. S. Economy. In a broad sense, all of it goes into thinking about Monetary Policy you mentioned inequality so disparities in income and Financial Wellbeing demographic and racial categories, something we monitor carefully, inequality, which i would point to its a multifaceted thing, stagnation of nat the lower end of the income and lower mobility those are things that hold back our economy. They are the thing is we dont really have the tools to address those. We have Interest Rates and Bank Supervision and Financial Stability policy and things like that, but we cant get a
[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