Welcome to closing bell, everyone im wilfred frost along leslie picket in for sara isen today. Nasdaq holding on to some gains ahead of the holiday tomorrow. Pain in the labor market as new Employment Data underlines how tenuous the economy is nasdaq higher, growth out performed value. Energy under some pressure for a change after a huge surge in november and weve seen strong numbers from Corporate America mastercard said spending remains steady gap the counterpoint that stock is down 20 today alone. 59 minutes and oneday holiday coming up, of course, tomorrow the dow is down 0. 6 . Coming up on todays show, Website Security Company Cloud flair shares are up. Well speak to the ceo plus, riding with unicorns well talk to Founders Fund keith rabois Steve Liesman has a look at todays economic data. Mike santoli is tracking the market action. Deir deirdre bowsa has details. Steve, start us off with the economy. A busy day today. Yeah. The Federal Reserve earlier this month at its meeting d
Still rising why wasnt the United States more prepared . You cant be prepared if youre not funded to be prepared. Narrator who is accountable . Do you think that this administration has done what it needs to do to protect healthcare workers . I think a lot more could be done. Narrator and what will happen when a vaccine is ready . Given the abject failure, of the administraon we do worry. Narrator now on frontline americas medical supply crisis. Frontline is made possible by contributions to your pbs station from viewers like you. Thank you. And by the corporation for puic broadcasting. Major support is provided by the john d. And catherine t. Macarthur foundation, committed to building a more just, verdant and peaceful world. More information at macfound. Org. The Ford Foundation working with visionaries on the frontlines of soal change worldwide. At fordfoundation. Org. Additional support is provided by the abrams foundation, committed to excellence in journalism. The park foundation
Still rising why wasnt the United States more prepared . You cant be prepared if youre not funded to be prepared. Narrator who is accountable . Do you think that this administration has done what it needs to do to protect healthcare workers . I think a lot more could be done. Narrator and what will happen when a vaccine is ready . Given the abject failure, of the administraon we do worry. Narrator now on frontline americas medical supply crisis. Frontline is made possible by contributions to your pbs station from viewers like you. Thank you. And by the corporation for puic broadcasting. Major support is provided by the john d. And catherine t. Macarthur foundation, committed to building a more just, verdant and peaceful world. More information at macfound. Org. The Ford Foundation working with visionaries on the frontlines of soal change worldwide. At fordfoundation. Org. Additional support is provided by the abrams foundation, committed to excellence in journalism. The park foundation
Lets milk this and go back and forth. We dont even finish each others sent answers it will be awesome this is the first time you are back at the nasdaq in a while. I go away and then im quarantined. I went away in july and finally got back here. I went away again and came back and been quarantined another two weeks. You got to start going away whachlt are you doing . I wish these states would drop off there is 57 states on the list no there are a lot of states on the list not all states i was in a county that was like an island, nobody was there i am glad to be back there is a big krispy kreme thing. Most lights ever i was looking and i was thinking about you. I got to stop thinking about you when im not at work thats not what i want in my life you may draw me back to time square but so will crispy cream. We were talking about this the last couple of weeks i havent been in there in ea while. He said there is no one around nobody on the streets. Is that the case there is people here. A
There. Big stocks in apple and tesla giving back gains. Ibm gained more than 3 yesterday. Also cocacola up more than 4 being looing at u. S. Equity few you are its. Something to Pay Attention to. Dow futures down around 40 points looking at first of september, and all of july and august with spectacular gains. Looking at the treasury yields looks like right now 0. 654 . Those movements with he saw yesterday were interesting in terms of the rotation. As a general matter, those had to pull back they will have to have these pull backs the fact that the market can do okay on a given day is a positive doesnt change the fact that weve traveled at a steep angel here there is a jumpiness a late summer week heavy volumes. You are seeing all sorts crop up there is a Different Energy to the market 20 what has passed in 2017, 2013 not sure the implications but there is Something Different it is 6 01 in the morning here yesterday was called a gama squeeze. We dont want to get too mechanical in the