Good morning, everyone. Welcome to bloomberg surveillance. I am Francine Lacqua here in london. A lot going on, because we have Christine Lagarde testifying in parliament. We will bring you anything that comes out of it. The markets focusing on infections rising around the world. They are focusing around the fact that we could see a stimulus. Lets get to the markets. I dont know if we have them. If we do, it could be great, and it would be a good time to look at them. Overall,ok at stocks they are falling along u. S. Futures, tougher restrictions, progress toward a vaccine. We have plenty more of course on that. Astrazeneca at rising amidst positive news on its coronavirus vaccine. We are hearing from Christine Lagarde. We had an exclusive conversation days ago. The focus is on the need for a stimulus. The focus is also on the need for markets to do a little bit more. She said basically the ecb delivered in the first wave. She is talking about the physical packages, on course for a fis
And welcome to power lunch. Im melissa lee. Check out this rally right now all 11 sectors are in gree green. Taking a look at some of the stocks were watching. Salesforce is under pressure for the second day in a row, down about 7 in the last week as it gets set to report earnings after the bell and reportedly to make a deal. And we have exclusive data on how the bitcoin boom is boosting this payment stock first lets get over to bob for more on todays rally. Hey, bob hello, melissa. Good start to a traditionally good month we got talk about a new stimulus plan, janet yellen on the air and, overall, 11 sectors all on the up side. Bank stocks leading the way but technical stocks also. No dig selloff in tech that was also a november play there. Theres energy you have your value play with banks, energy up you have your growth play with tech, cyclical with industrials up and even more defensive groups, Consumer Staples on the up side as well. This is what i mean when i say the goldie locks
Eating. To seattle where the homicide rate is soaring to a 10year high just as the city plans to cut a big chunk of its Police Department budget. Mounting fallout over the assassination after Iranian Nuclear scientist. Iran says israel was behind it and pulled it off with some hightech and remote weapons. The balance of the power in the senate in the balance itself, hanging on two Key Senate Races in georgia. Also tonight well tell you why President Trump made significant progress in attracting hispanic voters to the Republican Party despite liberals saying he is antiiimmigrant. Im gerry baker in for elizabeth macdonald. The evening edit starts right now. Gerry we begin with the latest on that cdc meeting over who will get the covid19 vaccine first and when. Blake burman is at the white house for us. Blake what is the latest . Reporter gerry, this is an Advisory Group that helps out the cdc, acip, Advisory Committee for immunization practices. After a lengthy discussion a short while a
The nasdaq up by about 120 yesterday was a down day for the markets. The dow off by about 270 points. But if you want to take a look at november hes historic gain, check this out, the dow actually up by 1. 8 for the month, that is its best month since january of 1987. The s p no slouch either it gained about 11 while the nasdaq was up nearly 12 november by the way was the best month for all of those indexes since april which was a huge month. Also small cap stocks were some big winners. The russell 2000 finished the month up more than 18 , 245ethas right, 18 in one month, the best month since that index was created back in 1984 so here we are heading into december and year to date, the nasdaq is the superstar, up nearly 36 the s p 500 is up by 12 and the russell 2000 up by 9 . The dow up by 3. 9 so fantastic november for all of these indices. Nasdaq leading the way in terms of year to date. Joe. Yep, coincident with the surge. Go figure. The second surge are you sure it is never too ea
But is promising to keep up the fight and has more from washington. All eyes are going to be on the Republican Party leadership in the coming days, because really were seeing increased pressure on them to buck the president. On this we saw the big wigs of National Security officials from former republican administrations. Theyve all come out and said this is bad for democracy. Its many of them, not all of them. Obviously, its bad for democracy. Its bad for National Security and probably more important. Were seeing dozens upon dozens of other countries. C. E. O. s, the most influential republican donors come out and a lot are saying this has to and Republican Leadership needs to let the president know that its over. Joe biden has chosen several obama era officials to serve in his new administration. And so they blinken will be no one wanted to be secretary of state, and john kerry will take the lead on combating climate change. British drug company, astra zeneca, an Oxford University sa