Hard to digest the news. Well cut right at it, give you the details in a moment. Overall, the market lacks real direction. The dows going to be up maybe 15, s p up 10. Nice gain for the nasdaq though, all green at this point. Politics [laughter] can you say softballs . One after another, they were lobbed towards joe biden at the cnn town hall last night. Not very good preparation for the first president ial debate which is, by the way, 11 days away. The standout for me came when biden suggested that if the president had acted sooner on the virus, all those people would not have died. So the president killed 190,000 people . Not a word of pushback from the moderator, cnns moderator. Today biden goes to minnesota, an opportunity for him to clarify his position on urban rioting and defunding the police after the minneapolis disturbances. And get this, the president will also be in minnesota today. You can bet hell brung up law and order bring up law and order. Mr. Trumps press secretary,
It Just Announced two new watches, two new ipads and a work out service we got all those details for you and later, weve got two big ceo interviews billionaire tilman joins us on state of business and whole foods ceo will discuss how covid has changed the consumer and the grocery business he says forever. Power lunch starts right now yes, it does thank you. As we mentioned, were one day from the fed decision. Another big event looming, 49 days from now is the president ial election. What do our fed survey respondents think of the candidates policies steve is here with those details. Steve. Thanks very much. Some very surprising results from this survey as to the attitudes towards candidates really split along a will the of interesting different lines here we asked who has the best policies for the nation, the stock market and the economy here are the ruesults 60 of our 37 respondents said joe buyiden has the best policy maybe you can find that the reasons for those differences in some
Earlier like they were headed to brand new record highs. Not so now. We do have the Dow Jones Industrials down 143 points. Ciscos poor earnings is pushing that index down. S p down 11. Nasdaq just higher by 19 points. Not the same at all for apple. Apple hitting yet another new high as it closes in on the 2 trillion market cap. News breaking of its new plan for subscribers to bundle the apple joy so which Companies Might want to dive for cover . We are taking a deep dive into the apple barrel, online contactless auto sales winning the race during the pandemic. Why are investors hitting the sell button on the hottest used car deals in cyberspace . We will ask the vroom ceo because hes here. And musicians still resorting to zoom with no live concerts and broadway still closed. But that does not pay the bills. Enter the chairman and ceo of the Recording Academy. The man behind the grammys. What hes doing now to help artists with their strings cut by the pandemic. Its a fox business exclus
The election conversation right now. Speaker pelosi calling the house back into session for urgent action, she says, on the matter. So urgent they are not coming back until later this week. Meanwhile, the market shrugging off any possible chaos from the election. The s p, in fact, could hit an alltime high today. Goldman sachs is raising its forecast on the s p to 3600 by years end. Its also a big week for retail as well. Several Big Companies reporting profits starting with walmart and home depot tomorrow. Lots to talk about. Im Ashley Webster. Yes, stuart is back tomorrow. Varney company is about to begin. Its been run horribly and were going to make it good. Now, what am i supposed to do, let it continue to run badly so if you fix it they say oh, hes tampering with the election. Were not tampering. This is a con game by pelosi and schumer. Look, the post office, theres 25 billion sitting there but they really want 1 trillion to bail out their badly run states. Ashley yeah, that was
So those temperatures above average and mid70s to mid80s still at 8 00. And this is just the. Epttg hter excessive h coming up. Joe biden and Kamala Harris scheduled to make their first appearance today. He selected her as his running mate. If elected, she would be the first woman Vice President , the first black Vice President and highest ranking Asian American in u. S. History. Here is ines de la cuetara. Reporter good morning. After months of speculation, former Vice President joe biden announcing his decision in a statement calling harris tough, smart and ready to lead. From rivals to running mates, joe biden and Kamala Harris set to hold their first event together in delaware today just hours after biden called the california senator over video chat and asked her to be his Vice President. The former Vice President previously saying trust would be key. One thing i learned is that no president in the 21st century can handle the job all by themselves. Reporter harris becoming the fir