For you with Jackie Deangelis watching these markets today, Edward Lawrence has some reporting from washington, well get to edward in a moment but on a friday afternoon jackie we start with you. Reporter well, lets take a look at where the markets finish for the day because the dow started a little bit higher there was optimism about reopening but that petered out because you can see that the dow is down 207 points the s p finished for the day by 17 and the nasdac managing to get out a small gain of three points there but also early optimism about some commentary coming from china about its commitment to the phase i trade deal too, but what really took the wind out of the sales was this report coming out of apple saying that its going to close close to a dozen stores because of spikes in coronavirus cases across the country that have raised concerns so when the market sees apple is a little bit worried the market gets a little worried and they said in a statement and ill just give you
Tolerates the abuse of women is thriving at westminster. In sport, World Champions again. Could it be the year in which england become football World Champions twice . The under 17s take on spain in their World Cup Final later today. And do not try this at home ill be testing my nerves as i have a Close Encounter with the british team gearing up for the bike trials World Championship in china. And louise has the weather. Good morning. A cloudy and windy saturday for some. Gales in the far north. The best of any sunshine is likely to be in the south and east. More details coming up in 15 minutes. Thank you. Good morning. First, our main story. Its been a night of both celebration and protest in barcelona, after the Catalonian Parliament voted to declare independence from spain. The Spanish Government furiously retaliated, sacking catalonias president and his entire cabinet and taking the region back under central control. Prime minister Mariano Rajoy said his country could not stand by
President obama addressing the situation today saying he wont send any u. S. Troops into the country. Oil up on the news and fears of more disruption in the market could push prices even higher. James frischling and James Freeman of wall street journal and fox businesss very own jo ling kent. This is a story getting bigger. We cant take our eyes off it. Jo, what do you think . Were watching oil prices. That is the major concern among investors right now but there have yet to be more specifics laid out. John boehner speaker, calling for more specifics from president obama. Melissa james, what do you think . There is danger here baghdad could fall. Kind of amazing this army marching on the capitol are 5,000 guys. But theyre fanatics. You have a couple hundred thousand in the iraqi army, theres a risk. If it falls these are not people who probably will have expertise to raise production. Melissa jim, something for investors to focus on or backburner . No. I think combination of summer sea
Todd Lucas Tomlinson says support is growing for the stimulus boost. Reporter Donald Trumps treasury secretary, second ramsden was checks ship out to millions of americans via direct deposit last night. In the senate the increase the payments to 2,000 hit a snag. The president highlighted 3 additional issues of National Significance we would like to see congress tackle together. The senate will begin the process to bring these priorities into focus. Reporter Mitch Mcconnell blocking a unanimous vote on the 2,000 stimulus checks questioned by the president. He lump them into two other proposals the president wanted, repealing section 230 to protect big tech, forming an Advisory Committee that will study the results of the 2020 elections, democrats call this proposal poison pills. Leader mcconnell holds the key to unlocking this dilemma. The solution is a simple one. Put both bills up for simple up or down vote and let the chips fall where they may. Reporter Bernie Sanders doubling down