The s p up 11 the dow up nearly 13 on pace for its best month since january of 1987. The nasdaq up about 12 . Check out the small caps because the russell 2,000 is up almost 21 in november alone. Thats the stock world but, melissa, our other favorite topic, bitcoin thats been moving a lot, too. Maybe joes favorite topic, at least bitcoin after recently hitting 16,000 were seeing it recoop some of those losses in recent days its up by almost 2 today, above 18,000, 18,540 guggenheim is reserving right for 5. 3 billion Macro Opportunities Fund to invest up to 10 in the Gray Scale Bitcoin Trust which is only invested in bitcoin and of course this follows many large investors including stanley drunken miller voiced support for this krip cro currency, joe. Yes, it has been getting traction interesting recent trading and good to see you, melissa and andrew its tough to come back from vacation, but having you here, melissa, i dont know, it just makes me feel very, very comfortable, happy my he
Administration. President trump still refusing to concede but suffering more devastating defeats in court over the weekend, admonished by a judge he appointed, and the lifelong republican who ran Election Security for his administration now calling his claims of a rigged election farcical. Also, president elect biden suffering a fracture in his foot. How it happened. Major storm on the move. The big travel alert as millions head home after thanksgiving. Plus, the tornado threat from North Carolina to new jersey. Ginger is tracking the latest, and where you might see snow soon. Hanging on. A missing boater finally found clinging to life. The latest on the amazing rescue this morning. Fiery escape. The formula one driver walking away from this explosive crash. Slamming into a metal barrier. His car splitting in two. What he says saved his life. And game over . The socalled grinch bots stealing christmas, buying up some of the hottest items of the year and selling them at nearly double th
Well be on and bridge you all of the bring you all of the big headlines. First the november to remember dow surging towards best month since january 1987 s p and nasdaq handing in best work since april energy up more than 25 percent financials up more than 17 percent. Small caps, best month ever. Bulls werent hiding, check this out, each of the past four monday he got big vaccine news before the market open and look at diminishing returns, the market fell despite moderna requesting emergency use of its vaccine. So weve been talking talking black or white or red and green in terms of diminishing returns. I took that economic class my freshman year and learned all about diminishing returns which is why i often invoke it here, i think so, absolutely tell you something, the vix is telling another story. I thought a day like today, monthend i thought the vix would close closer to 25 but here it is closing lower on the day, maybe its a function of that specific security, but ill tell you giv
Comfortably. Hawkish headlines on china and weak Economic Data both weighing on market sentiment. The dow is down 300 points yearly it was down 350 about 20 minutes ago. We have 59 minutes left in the session. Big show coming up four. A true 2020 winner, et ceteray stock is up 250 this year we will talk to the ceo Josh Silverman about the holiday crunch and whether his companys momentum can continue. And arthur blank, cofounder of home tee poe, owns the Atlanta Falcons and atlanta mls team as well lets focus first on the stories we are watching today. Mike santoli is tracking the Market Action into the close meg tirrell has a vaccine update and phil lebeau has an update on nikola, that stock down020 today. Mike santoli first to you and the markets. A mild shake of the tree. Indexes backing off. Some of the stuff that was up the most this month is down the most today seems like a little bit of trimming there are probably unbalanced portfolios there you have we are roughly capped we were
Joe biden set to receive his first president ial briefing. President donald trump still trying to convince the country the election was stolen. But a former official sets the record straight. There is no indication or evidence there was any sort of hacking or compromise of election systems on, before or after november 3rd what chris krebs is saying about being fired by tweet for speaking out tensions high overnight a funeral held for irans Top Nuclear Scientist assassinated in a targeted hit, irans leaders are now vowing revenge and to carry on his work. Monday mess, a fastmoving storm targeting the eastern half of the country with strong winds and rain and yes, even snow. Al has the forecast. And 9 billion spent on black friday alone, setting the stage for what could be the biggest cyber monday ever. This morning, where the deals are today. All of that and plus amazing escape. And there is a big fire there. A racecar bursts into flames and the race driver is emerging from those flames