VISITORS

counter for blog

Thursday, October 8, 2020

AFN News October 1

 

AFN NEWS

Thursday, October 1, 2020


1) From ABC News, I’m Daria Albinger. After last night performance, some are wondering if there will be a second presidential debate or if there should be. “The President suggesting he delivered such a kickout punch against rival Joe Biden Tuesday night that, ‘I hear he doesn’t want to go forward.’ In fact, Joe Biden says that isn’t true and that he agrees with debate organizers to cut a candidate’s microphone if they do not stop talking. ‘That’s what seemed to me to make some sense. But I’m looking, I’m looking forward to that.’ Both candidates must agree to any debate rule changes. Andy Field, ABC News, Washington.

 

2) The president asked again today to publicly condemn white supremacist groups after he refused to do so last night. South Carolina’s Tim Scott, the chambers’ only African-American Republican, “I think he misspoke in response to Chris Wallace’s comment. He was asking Chris what he wanted to say. I think he misspoke. I think he should correct it. If he doesn’t correct it, I guess he didn’t misspeak.” A White House spokesperson says there is nothing to clarify.

 

3) Stocks rallied with investors motivated by the possibility of a new coronavirus relief package. Senate Majority Leader Mitch McConnell, “I think it’s safe to say we’re far apart. I think Secretary Mnuchin and the Speaker will continue to speak but we are very, very far apart.” House Speaker Nancy Pelosi and Treasury Secretary Steven Mnuchin met today to talk about the new stimulus package for the first time in more than a month.

 

4) Police say an apparent drive-by shooting outside the Milwaukee funeral home left seven wounded. Acting Chief Michael Brunson. “The victims were transported to a local hospital where they are being treated for their injuries. Right now, all of them are in stable condition. He says the search for a suspect is underway.

 

5) A court’s approved more than $8 million in payouts from MGM Resorts International to the relatives and victims of a Las Vegas Strip shooting, the deadliest shooting of its kind in recent U.S. history. You’re listening to ABC News.

……………………………………………………………..

I’m Liz Claman and this is the Fox Business Report.

Stocks ending in the green on the last day of trading for the month for its second quarterly gain, however, the market notched its first negative month since March with the Dow rising 329 points, the Nasdaq up 82, S&P 500 up 27. The market’s gains also coming after better than expected economic data. ADP’s monthly private-sector jobs count showed growth of 749,000 in September ahead of economist expectations. Meanwhile, pending home sales soared nearly 9% in August marking its highest pace on record according to the National Association of Realtors survey. // And shares of embattled electric truck startup Nikola surging 14%. The company reconfirmed its business plans and production targets. General Motors said it’ll extend talks on a $2 billion deal with Nikola which will give the automaker an 11% stake.

That’s your Fox Business Report. I’m Hilarie Barsky, invested in you.