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Yesterday, another record high how concerned should we be about our health and the health of the economy . And three full days until the president ial election. A live report from what could be a key county in the deciding of the election power lunch starts right now welcome to power lunch. Another down day for the market. It is the dow clearly outperforming the nasdaq three of the four tech giants reporting yesterday are lower right now. Apple, amazon, facebook, google in the green twitter off its low hitting a major roadblock today. Exxon and chevron under attack and underperforming. Are these stocks still worth investing in well get into all of that we begin with stocks closing out a bad week and a bad money bob pisani tracking the action for us good to see you its a tough end of the week and tough end to october look at these stats here were not closed yet but still pretty bad worst week since march 20th. Dows worst month since march. Its the second straight down much for stocks an ....
What it is, and why it is wreaking so much havoc for social media companies. And it is halloween eve. Night. Iller, but triller we will have the executive chair of the social media platform sued by tiktok. Those stories in a moment. Also this hour, we will be speaking with the ceo of overstock. Com on supply Chain Technology ahead of the busy retail season going into the holidays. Later, i will have an interview with the ceo of blue apron, which reported results yesterday. Dropping, u. S. Stocks capping their biggest weekly route since march after tech earnings disappointed investors concerned the slowing economy will dampen assets. Lets get to Abigail Doolittle in new york. It was a crazy week just ahead of the election. Walk us through your roundup. Abigail yes, it was a crazy week, a wild week. Two down weeks. That is another piece of the story that the bears have bee ....
Youre watching the weekly here on our team a recap of the biggest stories from the past 7 days so im donald quarter thanks for joining us. Now peru has decided not to buy doses of a potential Coronavirus Vaccine being developed by the british firm astra zeneca lima cited a lack of data from the company after the death of a trial volunteer reports claim a 20 year old male doctor in brazil died while taking part in advanced stage 3 trials run by and astra zeneca and Oxford University its not known whether he received the actual drug or a placebo meanwhile the us has now permitted trials to resume after they were temporarily halted and other countries have also restarted them in recent weeks more of gaza has more on the race for a cure. There is always the risk with any vaccine any Clinical Trial that statistical im ....
Taranova were green across the boards. Dow, s p, nasdaq all green jim, we have a big rebound in the nas names. Best pace on the month since january of 1987. Well, scott, first off, thank you. Every year you and throughout the year you give a lot of respect to veterans. It means a lot to me personally. You and the team at cnbc, thank you very much. Onto the markets look, a little reversal today where the cyclicals are fading and tech is rallying i think thats healthy i mean, look, weve had one heck of a rotation. Not just this week but in the last two months its been going on its time for a pause. And i think the most Important Message here is, anyone whos feeling like they missed out, you dont need to feel that way. If you feel like you missed out on the tech rally of the summer, well, guess what, september and october have given you the opportunity to get into those largecap tech names, the faang names. If you feel like you mi ....
A human rights of activists is literally all the brunt of this. Youre watching the weekly here on our team a recap of the biggest stories from the past 7 days my names donald quarter thanks for joining us. Bruce has decided not to buy doses of a potential corona virus vaccine being developed by the british firm astra zeneca. Cited a lack of data from the company after the death of a trial volunteer reports claim a 28 year old male doctor in brazil died while taking part in advanced stage 3 trials run by astra zeneca and Oxford University its not known whether he received the actual drug or a placebo meanwhile the u. S. Is now permitted trials to resume after they were temporarily halted and other countries have also restarted them in recent weeks. Has more on the race for the cure. There is always the risk with any vaccine any Clinical Trial that statistical improbability ....