let's go to jackie deangelis for more on the week's winners and losers. ng week for the markets, that's right. let's take a look at some of the dow stocks that are leading the way here. we have microsoft, walt disney and american express. of course, a lot around microsoft, the optimism, this partnership with walmart to potentially buy tiktok. we are watching that very closely. the laggards on the flipside, you can see pfizer is one of them. this as we've got that race to find a vaccine for the coronavirus pandemic so these biotechs are all competing against each other but also walgreens and exxonmobil are a little bit lower today. on the flipside, let's look at the nasdaq. leaders here, workday, we talked about that one. it was a good earnings story at western dig is hire gher by 12%d ulta beauty seeing an 11% pop there. they are seeing improved trends. this retailer was hit real hard. the laggards for the nasdaq, ebay, dollar tree, and seattle genetics as well. let me finish with the s&p leaders, because we are looking at gap as one of them. good earnings

deangelis. jackieast iran issuing criticism of the prohibitive peace deal between israel and united arab emirates. >> president calling a deal huge mistake betrayal of the palestinian people, president trump threatening snapback sanctions against iran despite u.n. objections maria bartiromo speaking with sr., white house advisory jared kushner on "sunday morning futures" yesterday about the importance of this agreement listen hp. >> united arab emirates felt betrayed by america with past administration iran deal was a terrible betrayal of the region and american leadership in the region had really pulled back if you think about america's he foreign policy interests in middle east previously,there was energy, and under president trump leadership america is energy independent as crunch reduced our dependence on middle east which is critical americans don't want to have mouch war there in past administrations lost trillions of dollars, and too many soldiers in the middle east, and bringing people together

jackie deangelis is looking at all of that. hey, jackie. reporter: good afternoon, to you, neil.t. california in the eyes of some is facing an energy crisis here. i want you to look at the numbers, so you have context what is happening. between 2014 and 2018 california transitioned away to natural gas-fired power plants by about 21% and increased renewable energy by 54% t changed the way it was functioning on its grade and consuming energy. it depend as little bit on imported power, mainly hydropower from other states, to the tune of 25%. the california has almost entirely eliminated usage of coal for power usage. the grid is stressed, no denying it. rolling blackouts, heat waves. california independent system operator and california edison said they can see a power deficit by 2021. listen to this, the energy secretary was on our air this morning and he had a comment here. >> there has been a rush to renewable power, generation power. they focus their investments there rather than on things like transmission lines and distribution lines which in some cases may have caused some of

jackie deangelis is live with more. jackie? reporter: good afternoon to you, charles. that's right.d it filed a confidential registration statement for the sec for an ipo. no statement on shares being offered or what the price would look like. it is a debut some investors thought it would never get off the ground. the initially remember the coronavirus pandemic cratered the bookings for the company and triggered layoffs. the private valuation of 30 billion was cut nearly in half. as restrictions started to be lifted and people were opting for home stays, rather than hotel stays, the company sees increase in short-term rentals and staycations. that is briefing life into an ipo dead on arrival just a few months ago. the trends that boosted airbnb business have stayed. past unicorns are seen struggling but it's a little bit of a test. are the public markets ready? do they have confidence particularly as we see that skepticism over money-losing startups? also "the wall street jol" noting that the company's ceo brian chessky under pressure from employees to list this year, before many st

jackie deangelis now with a lot more on this budding feud. jackie. reporter: good afternoon to you, charles. everyone is blaming it on the other guy, right? governor cuomo's speech at the virtual dnc was very anticipated last night and as expected he focused on the coronavirus and the response of the federal government. but if you recall cuomo during his coronavirus pressers kept saying he was working closely with the federal government on new york's response. yet last night he basically blamed the trump administration for everything that went wrong in new york and elsewhere over the last few months. then he went on to blame president trump for worsening the divide in the country as well. listen to this. >> only a strong body can fight off the virus and america's divisions weakened it. donald trump didn't create the initial division. the division created trump. he only made it worse. reporter: president trump was listening and he certainly didn't take it lying down. he went back on twitter blaming cuomo for the death of 11,000 people in nursing homes

jackie deangelis is in our newsroom with more. good afternoon, charles, that's right, state budgets need revenue, right? that means taxes are going to go up. that is the kind of story we're painting here. in new jersey the lack of drivers on the road forcing the state to up the gas tax. new jersey drivers see a nine cent increase on october 1st. that is not only way the garden state is being looing to keep the coffers full, governor murphy is eyeing an millionaires tax. they believe new focus own the rich will generate $400 million. two other states are eyeing the rich as well. california democrats, proposing a 54% tax rate on the stay's top earners. new york governor cuomo state legislature is eyeing a new top tier tax bracket too. this as joe biden is targeting to collect roughly 3.8 trillion next decade through taxation. you have kamala harris, she has gotten behind spending plans of all sorts, $2.7 billion. estimates suggest that raising federal taxes, spending at at same time could reduce growth by one 1/2% t could cost the c

jackie deangelis is watching the markets, edward lawrence live in d.c. jackie, kick it off for us. reporter: everyone was watching the close very carefully to see which records we get and don't get. the dow had its best august since 1984, even with that 227 point loss that you see there today. now the s&p was vacillating between positive and negative territory. it is ending there with a eight-point loss. by my count that makes it the best august since 1986 which is pretty good as well. looking at nasdaq ending in the green up by 79 points today. let's look for the month overall here. not just for the day. that is where the numbers are really outstanding. you can see across the board gains more than 7% for each of the individual indices, dow, s&p and nasdaq. what happened this month? well it was technology, it was the consumer stocks. it was, you know mix of these kind of propelling us forward. this was not a typical summer where investors sold went away. no, they actually reinvested in equities as we started to reopen the country and felt more confidence about that with respect to

i'm jackie deangelis in for elizabeth macdonald. he evening edit" starts right now. ♪ ♪ jackie: first, to the latest in washington expect postmaster general testifying before a senate panel, louis dejoy defending against allegations that the usps is slowing down the mail delivery process to impact the election. >> first, i'd like to emphasize that there has been no changes in any policies with regard to election mail for the 2020 election. we recognize that during, during this pandemic, when i arrived there was great concern about the increase in volume, so we further emphasized the interaction. we had over ooh 50,000 contacts before my arrival with state election boards to help them understand the mail processing procedures of the postal service. jackie: blake burman is in d.c. with more. blake? >> reporter: the postmaster general, louis dejoy, assuring a senate chief e in a virtual hearing this morning that the post office will have enough capacity to handle mail-in voting for the upcoming election. dejoy backed the concept of mail

i guess we can say it, we're close enough, jackie deangelis, we can go for best in decades approach forer: looks like we'll clear the hurdles to have the best august since 1984. cheryl, they say go sell in may, go away. that is not what happened this year. hopefully strong august with momentum into the back of the end of the year. i want to go with s&p 500 winners and losers. look, royal caribbean, obviously cruises were hammered. this stock is coming back with optimism. mgm resorts, similar kind of story there, seeing a 40% gain for themont. salesforce.com, 40% gain as well. that is the component that was officially started trading as part of the dow today. that is one to watch as well. on the losing side of this you have occidental petroleum, pretty big losses. what is about the losers, not necessarily obvious story related to the coronavirus pandemic very specifically, which shows the tied may be turning here. hopefully we're not being too open mystic with that. that being said, s&p 500, nasdaq, looks like more than 7% gain for the months. cheryl: nice to see green arrows even if not

our own jackie deangelis is live in the newsroom with the details. >> reporter: good afternoon, melissa crisis, right? i want you the look at these numbers. between 2014 and 20189, california transitioned away from natural gas-fired power plants by 21%. out increased renew bl energy consumption by 54%. it also depends on imported power, mainly hydro power from other states to the tune of about 25%. it also has almost entirely are eliminated the usage of coal for power. but the grid is stressed. rolling blackouts, heat waves, the california independent system operator and southern california edison said they can see a power deficit by 2021, that's next year. u.s. energy secretary told fox business that the state rushed to renewable energy before their infrastructure could handle the shift. listen. >> there's been a rush to renewable power, generation power. and they focused their investments there rather than on things like transmission lines and distribution lines which in some cases may have caused some of these fires. but it's a case study, stuart, in how not to approach our electrici

jackie deangelis with more on this fallout. reporter: good afternoon. let's start with the latest.mcenany at the white house press briefing. >> black lives matter insignia for instance, was not allowed was blue lives matter. was not allowed was maga hats. what was target ad certain ideology. they have not denied that image was presented at one of their facilities. reporter: you have the trump tweet you just read. what happened here? let's review. there is photo going around on social media a snapshot of the a slide the company supposedly presented in the diversity training showing what accept was and what is not acceptable. on the acceptable side there was black lives matter, lesbian, gay, bisexual transgender pride. on unaccepted, blue lives matter, all lives matter, mag gaat at tyre, political affiliated slogans or material. why certain forms of expression are allowed but some aren't? you could actually argue black lives matter does assert a political agenda. political slogans and maga attire is not specifically acceptable. they tweeted back. good year became focus about miss con

. >> i'm jackie deangelis in for melissa francis today. this is "after the bell."

i'm jackie deangelis in for melissa francis today. this is "after the bell."ear the highs of the session. the s&p 500 edging just a little bit higher. the nasdaq closing at a record high for the second day in a row. we've got fox business team coverage. blake burman at the white house. kristina partsinevelos watching the markets for us. edward lawrence is in washington.

a lot to talk about on a friday and we do have fox business team covered set up with jackie deangelis in our new york newsroom blake burman across town from where i am in the white house north one, we'll get to moment blake but jackie we start with you. >> but took a look at where we finished the day, the s&p 500, the nasdaq, the new records, the dow did not manage to get a positive gain for the week but it was positive for the session up 190 points. their use of s&p up 11 points, the nasdaq up a 46, tech continuing to feel the rally and there's the optimism about treatments and vaccines when it comes to the coronavirus as well as slowly reopening the country and getting the economy back to business, that seems to be happening and investors are grasping onto that, you could say momentum from the convention depending on how you want to read that statement, having said that let's take a look for the week as well because we are seeing the markets, mostly in the green, the s&p 500 and the nasdaq showing a weekly gain, the dow showing a small loss when it comes to what we saw for the week,

. >> i'm jackie deangelis in for melissa francis today. this is "after the bell." nasdaq is about 2% away from record territory. blake burman at the white house. edward lawrence in washington. we start with blake, with the latest from the president. reporter: the white house is acknowledging that it might take some time to get federal unemployment benefits out the door going forward. the executive order from the president $300 from the federal post, the states matching $100 if they are able to. some state governors mentioned they can't. in any event the white house is working on this issue. in the interim, they are hoping that democrats return to the negotiating table. >> i can't pinpoint a timeline other than we're working around the clock. we urge democrats on the hill to come back. secretary mnuchin is willing to review any proposal because the american people deserve better than the games and partisanship they have seen from nancy pelosi and chuck schumer and their democrat colleagues. reporter: now the president also took action suspending some collection of p

jackie: i'm jackie deangelis in for melissa francis. this is "after the bell." inching closer to record territory. the dow 6% away from the record close. the s&p flirting with the record close as well. nasdaq up about 2% with tesla leading the charge. shares surging after the company announced a five for one stock split. we have fox business team coverage. blake burman at the white house. hillary vaughn in wilmington, delaware. we'll start with blake, latest on stimulus negotiations picked up again but stuck in neutral, right? reporter: picked up again, jackie, going absolutely nowhere it seems. top democrats here in washington, chuck schumer, nancy pelosi, they put out a statement in the last hour, that they spoke with the treasury secretary, top negotiator for the white house today, they say it was mnuchin that initiated the conversation. afterwards pelosi took to twitter and said the following, democrats compromised. we repeatedly said we're willing to come down a trillion if they're willing to come up a trillion. clear that the administration does not grasp

jackie: i'm jackie deangelis in foremelissa francis this is "after the bell." the s&p snapping a seven day win streak. senate majority leader mitch mcconnell telling fox news there have been no talks between officials from the white house and democrats on aid for millions ofme

jackie deangelis on what's going on that track. it's jacqui heinrich.l right, neil. there's two jacquis. it's understandable. democrats are refuting republican claims that people won't be safe in joe biden's america. this as president trump tries to paint himself as the law and order president. you saw biden give two surprise live interviews today. senator kamala harris gave interviews a half mile from the white house. she spoke on justice. she spoke about jacob blake in wisconsin and supported protesters but didn't condemn violence that ensued after saying people must not condition fuse peaceful protests with looting and violence and now the shooter accused of murder. she talked about the administration's handling of the pandemic and the crisis and contrasting the democrat's national strategy. >> the republican convention is designed for one purpose, to soothe donald trump's ego. it's not supposed to be about him. it's supposed to be about the health and the safety and the well-being of the american people. >> biden called out white house counselor kel

jackie: i'm jackie deangelis in for melissa francis. this is "after the bell." this is the third consecutive close for the nasdaq. that mark its 31st record close of the year. that is the amount of total record closes for the index for all of last year. apple, closing at a new record high for the fourth day in a row. we've got fox business team coverage. blake burman at the white house. hillary vaughn and edward lawrence in washington. we'll start with blake. the latest on reaching a deal for covid-19 relief. blake. reporter: hi, jackie. every afternoon around this time we say there is another big meeting up on capitol hill. let me start by saying there is another big meeting up on capitol hill. treasury secretary steve mnuchin, white house chief of staff mark meadows are negotiating with the top two democrats chuck schumer and nancy pelosi. walking into the meeting mnuchin and meadows were quote, unquote, hopeful. according to sources i'm told during yesterday's meeting, those two, mnuchin and meadows impressed upon schumer and pelosi if there is not significan

jackie: i'm jackie deangelis in for melissa francis. this is "after the bell." consecutive close for the nasdaq. that mark its 31st record close of the year. that is the amount of total record closes for the index for all of last year. apple, closing at a new record

i'm jackie deangelis in for melissa francis today. this is "after the bell." the dow closing near the highs of the session. the s&p 500 edging just a little bit higher. the nasdaq closing at a record high for the second day in a row. we've got fox business team coverage. blake burman at the white house. kristina partsinevelos watching the markets for us. edward lawrence is in washington. we'll go ahead and start with kristina. reporter: we had quite a day today with markets looking for direction but you saw all three major u.s. averages closing in the green like jackie mentioned. you saw nasdaq hit an all-time high. s&p 500 as well as the dow closed for the third day in a row in the green. you had a lot of big tech movers as you know but that led nasdaq higher. i want to focus on two particular stocks. take-two interactive had earnings. a big beat. they showed a lot of people, pent-up demand for gaming as well in purchase games and you have amd, advanced micro devices, their stock climbing higher today because jeffries did increase the price target from $86 to

jackie: i'm jackie deangelis in foremelissa francis this is "after the bell." the dow and the s&p snapping a seven day win streak. senate majority leader mitch mcconnell telling fox news there have been no talks between officials from the white house and democrats on aid for millions of americans. we have fox business team coverage. blake burman at the white house. edward lawrence in washington. we'll start with you, blake. reporter: jackie, last night during the coronavirus briefing president trump first floated this idea of him potentially going down the path of trying to get a cut on capital-gains taxes going forward. here is what i'm told according to sources. right now the white house is exploring that idea, looking into it and doing so via the form of an executive order because there would be little to no appetite within washington, d.c. right now of doing that legislatively, especially when you consider what the grand picture is with everything. we've just heard some of it from mitch mcconnell within the last half hour or so. both sides, democrats, repub

jackie: i'm jackie deangelis in for melissa francis. this is "after the bell."ng closer to record territory. the dow 6% away from the record close. the s&p flirting with the record close as well. nasdaq up about 2% with tesla leading the charge. shares surging after the company announced a five

fallout on this microsoft/tiktok back and forth with david bahnsen of the bahnsen group and jackie deangelis with you and what the president more or less said is i'm not a fan of tiktok and i have my reservations about chinese influence with tiktok but if microsoft can clear all those issues, i'm okay with it. did i interpret that correctly? >> i think you got it exactly right. he acknowledged that it's a really hot product right now so he wants to keep it here. the way i see this is taking a stance on technology the way he did on steel, for example, and trying to bring it all back home. you know, for previous -- through previous administrations, i think the chinese kind of looked like -- at the united states like nobody was manning the store and this president is stepping up and saying nope, there's rules, there's regulations here, our tech companies are going to have to follow them, the grilling on capitol hill of the ceos i think was one example, but you have a little bit more control over people like mark zuckerberg than you do over the chinese. they don't like this. they are calling thi

jackie deangelis with what is at stake and who is at stake. hey, jackie. reporter: good afternoon, neil, even though it was virtual governor cuomo was highly anticipated because so many people were comparing this to 1984 when his father gave the keynote speech. we knew he would focus on the coronavirus pandemic being a central figure especially new york city was at the epicenter of the virus. i remember him. you remember him giving those press conferences saying every day he was working closely with the federal government on new york's response. last night he said the county was ambushed by negligence, blaming the federal government for things that went wrong in new york and elsewhere over last several months. listen to this. >> this is man-made threat by our own negligence. we see the virus ricocheting across the country from one state to another. today we trail the world in defeating covid. we have over five million cases. americans learned a critical lesson. how vulnerable we are when we are divided and how many lives can be lost when our government is

jackie deangelis on the controversy over maybe a virtue gone bad. jackie? playing defense right now because of the controversy, because of the criticism about a document that supposedly came from the company in one of its diversity training sessions and it's being labeled as discriminatory. there's basically a photo going around on social media and it's got this slide that supposedly came from a meeting and it says acceptable and not acceptable when it comes to the zero tolerance policy of the company. so on the acceptable side it lists black lives matter as well as lesbian, gay, transgender and bisexual pride. on the unacceptable side, blue lives matter, all lives matter, maga attire, politically affiliated slogans or material. the gripe from some of the employees and also from others now is why are certain forms of expression allowed but others aren't. you could actually argue that black lives matter does assert a political agenda, yet political slogans and maga attire specifically are not acceptable. the president saw this, he took to twitter, said don't

jackie deangelis following all of these developments, what's moving stocks. almost entirely vaccine or hoped for vaccine or hoped for vaccine stimulus and related to the virus that's driving all of this. jackie. reporter: good afternoon to you, neil. those are the reasons that we're seeing this rally today and you've got a nice gain on the dow that has us over 28,000. there is a lot of optimism in the marketplace for the moment. the main reason is russia did go ahead and register this covid-19 vaccine. it is very early. there still have to be more trials. they need to have more information but it is giving investors hope that this can be done on the projected timeline, especially with the biotech companies here in the united states. the vaccine will get the u.s. a lot closer to fully reopening, to children going back to school, to their parents getting back to work. there is some skepticism around russia's claims perhaps it rushed or cut corners to get this prestigious claim being the first but investors are less concerned with that aspect of it. so you look a

jackie deangelis has been following it very very closely for us.ohn trainer here, peoples united adviser cio. you have been monitoring this and i'm wondering the significance of it because it seems to go no matter what's happening in the stock market or in the bond market, it's a life of its own. what's happening? >> you are like my long lost nerdy soulmate, because i have been watching the gold price and when it crossed $2,000 today, i said this is really remarkable here and i don't think the market is paying enough attention to it. i looked on an absolute basis, this would be the all-time high for gold. i looked on an inflation-adjusted basis and the only time that inflation adjusted it would have been, you know, we are just around the same level was in 1980 when you were dealing with the iranian revolution, for example, and everybody was worried we were going to see running massive inflation in this country. the situations are a little bit different right now. i think investors right now, you know, look at the dovish fed and they see gold as a g

best performance since at least 1986 when ronald reagan was president, long before of course jackie deangelis was even born. she joins us now. all right, where are we right now, jackie? reporter: good afternoon, to you, neil. the market started the session on a little more positive note. the s&p 500 and nasdaq notching new all time intraday highs. now a little bit of reversal. now the dow down 225 points f we continue on the track where we are, the dow remains at this loss, doesn't go lower than 394 points, we're still on track for the best august since 1984 as you mentioned. s&p on track for its best august since 1986. a lot of this does have to do with those two favorite names of ours, apple and tesla. those stocks splits effective day today. apple four for one, tesla, five for one. if it was friday, apple would add 125 points to the dow but today it is only adding 25. that makes a difference when you look at average. this is coming at the same time where the switches in the dow components are taking place today. we have salesforce.com, amgen and honwell, they are taking over for exxon, pfi

jackie deangelis has the details. first of all, you have to tell us what a helicopter parent is. se stage mom type of parents that likes a lot of control and drops in. but there are so many challenges when it comes to getting back to school. do you come into the classes in person, do we do this all virtually, do we have a hybrid plan. how safe is it if we do have the kids coming in. this twist is making it even harder on educators or so they say, and what it is is that the involvement of parents has basically been taking over so they are giving criticism when they are seeing how the teachers are teaching their children and they are asking the teachers, that is, for the parents not to sit in on these virtual classes. the teachers have been complaining about this for awhile and saying that the critiquing is a little bit too much. it comes to teaching style, their attire, how they are treating individual students. here's what we know so far. as of august 18th, 20 of the 25 largest school districts in the u.s. are choosing remote learning only as their back-to-school instructional mod

let's get a read from jackie deangelis following the fast-moving market developments. what is going on here? reporter: good afternoon, neil. let's start with disney stock that is propelling the stock is higher. it is up by 325 points. there were mixed earnings reports, but what wall street is focusing on is disney plus and subscriber numbers. 100 million streaming subscriber numbers. 65 million are paid. put it in context, disney set a goal of 60 to 90 million subscribers by 2024. it is well ahead if not blowing away that kind of a target. that is what wall street wants to see. it looks at parks, all other closures, something a lot of businesses are dealing with at the moment but disney had the very strong asset it is moving forward with. that is one piece of the story. you also mentioned the factual street gets excited about anything that has to do with vaccines and i want to give you two updates here because johnson & johnson reached a deal with the u.s. government for 100 million doses of coronavirus vaccine valued at more than a billion dollars. the vaccine is set