Stock hitting what . An alltime high ahead of its investor day next week, despite all the obstacles that face its parks and movie businesses weve got those details. Look at disney run and later the director of National Intelligence says china is the greatest threat to the United States and wall street may be getting stuff in the middle of the war of words we will explain as power lunch begins right now thank you, ty. Record highs across the board including the russell small cap two 2000 lets go to dom chu. The composite index is still up on the yeartodate basis offer the last few months, the gap or difference between the dow and s p has stayed relatively constant. Still, though, the s p up 14, the dow up 5 to 6 on that yeartodate basis looking at other trends in the markets today, look at shares of caterpillar. One of the bigbigg egebiggest ie biggest contributor. Caterpillar shares up 4. 5 we put a gold star up there as well one of the other things that were watching right now is what
Recordbreaking rally after we head into a long weekend while it has been a number to remember, the best month in 33 years, the recent leaders and laggards have been turned upside down chevron leading the way and apple up only 7 power lunch starts right now hi, everybody, im kelly evans. Stocks are pulling back after this huge november rally lets go to dominic chu. A huge november rally thats put the dow at least in some catchup territory as you can see in the 2020 over the last year plus, weve seen the dow industrials just up 6. 5 in that span the s p, meanwhile, is up 16 , nasdaq up 40 . That catchup play in play right now. Watching whats happening with the rotation element weve been talking so much about, as tyler mentioned, look at the way energy has played out just over the course of the last month 38 monthtodate gains for the energy etf financials up 19 . Industrials up 17 the value and economically sensitive sectors are the ones leading the way higher in the month of november. As
With a new show on cnbc, highlighting Small Businesses and the people behind them across the country power lunch starts right now welcome to power lunch. Im john fortt take a look at whats driving the Market Health care stocks the biggest laggards while industrials and financials lead the way. Check out the bank names all higher tesla, the big winner. At the highs of the session, helping to turn the nasdaq almost positive, close to break even midday. Morgan stanley final upgrading the stock to a buy after a 500 gain this year lets get to bob pisani for more on these markets bob, you got me . Maybe not. Kelly, do you see what is happening with these markets i mean, were showing the sector snapshot here. Weve got s p retail is higher ahead of a Holiday Season we expect to be really strong for ecommerce and weve seen strong results this week from walmart and target yes, we do. By the way, i want to point out well, i want to point out that the dow turned negative only in the past hour or s
The shift we saw in washington yesterday about 4 00 p. M. We dont need to be on this all day. Every other network is going to cover it up and sideways come but this this is original actions by a president of the United States, really reminiscent of what we saw in 1876. It is a story our Washington Team will cover. This election of 2020 continues. Jonathan that tuesday night still continues in some ways. The news of the last 15 minutes is on the vexing front. Pfizer on the vaccine front. Pfizer set to file today for emergency other ration emergency authorization use. Think that has been the sequence, and each time there is a lesser market reaction. Jonathan i tugofwar continues. If we think about the tugofwar right now, the tension is phenomenal. On the one side, the darkening near term outlook because of the restrictions in the of the economy, and then the brightening forward outlook it can get vaccinations started in month. In the last 24 hours, the Federal Reserve and the treasury se
Is clearly it was a more civil debate. It was a debate where mr. Trump got much higher marks on first blush then he saw in the first debate, but with 11 days to go, i am going to say what i think say not what i think, maybe what we all think, but what we hear from the pros, the money matters, and the genoa one from delaware has the money the gentleman from delaware has the money. I saw a number of reports this morning that clearly, mr. Biden is ahead in this poll, that poll, but the president is tightening up, as was widely predicted. Jonathan 11 days to go before we can get a deal on capitol hill on fiscal stimulus between House Democrats and the administration and republicans. Lisa oh, come on. We are not getting a deal. Ifo want to say on pulling, say on polling, if the polls have it wrong, political polling, the whole industry is dead. I am interested to hear what larry kudlow says. He is joining some bloomberg show and some guy who hosts the show at that point. [laughter] jonathan