Page 18 - Stuart Varney News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Or delayed their plan phase reopening. In texas reversing that saying it must force bars to close today and only remain open for takeout and delivery, that saying that restaurants with indoor capacity right now, lets cut it down from 75 they have been getting used to but the last couple of weeks to 50 and anything to do with rafting and tubing, that stops immediately. So those actions, reversing earlier actions, the first time we have seen it got the markets attention and the fear that other states that have seen a similar uptick in cases with the real test availability and we might do the sam...

Which is indeed making a comeback. The latest numbers show a sharp increase in new cases, running to about 40,000 a day. The virus task force reconvenes today for the first time in two months. Some states are pausing their reopening program. That is a warning to the nations economy and the rebound. The wall street journal, this is an important warning for the president. The powerful Editorial Board bluntly said hes heading for defeat. Thats a warning for wall street, too, because a biden win would be a real challenge for stocks. So where are we this morning . Warnings duly noted. Ive got some ...

Were monitoring very closely for you, what is an acceptable surge . They usually like to say three to 5 increase over existing cases and a three to 5 increase of positive cases from what were positive cases before. It is not a hard and fast rule. But were watching that very, very closely because were told right now senate cdc is going to start giving specifics to that. I have not seen that before coming to air to join you right now. That is really going to be the big one to follow today, because if that shows to be beyond that range, some of the states that had planned roll outs will delay tho...

Overwhelmed hospitals in those states. Now the near is that is could, that is all really wall street had to hear. People are picking up out of stocks, theyre moving into things like gold, bonds. A 10year note, for example, where you want to know if people park their cash if they are nervous, remember this was starting the week at around 1 . We were getting very, very close. Gold up 25 bucks there but the 10year note for a while flirting with close to 1 . Now down to. 67. Yield goes down as the price goes up and thats what is happening right now. This could be shortlived. Could be a recognition...

Into the end of the year. Some say good for him, it is about time we focused on hiring americans. That and more on making money. Charles apple, amazon, microsoft, facebook, netflix, yeah, all in record territory folks. [inaudible]. Sectors are higher with tech and Communications Services leading the way. As new home sales may have smashed expectations for may. 676,000 was the number there. Richmond fed manufacturing number saw a huge improvement. Then is was the bmi number almost at expansion. Wall street analysts and titans theyre coming around despite the fact they get hammered in the Financ...