Its season in orlando despite record coronavirus outbreaks in that state power lunch starts right now thanks the banks and the energy are out performing today as tech takes a breather the nasdaq still up 5 in two weeks. Bob has more on todays market were at the highs for the day. Were close to a bit of a break out. Mondays close, which was the high was 31. 79 were five or six points away from that. Why would it be significant if we get over that thats highest level since the june highs we had. Were looking for a modest little break its a good way the close the week out if we can do that banks are out performing havent heard that in a long time, have you its not going to reverse the down trend for the banks but its nice to see a bit of out performance today. Citigroup, jpmorgan and wells fargo reporting on tuesday its not going to reverse the trends thats good reason for the bank woes out there weve been talking about them a lot in the last couple of weeks. We had capital conconstraints
Earning is the big driver today. Despite that, p g, having a positive impact on the dow. 3m is your biggest threat. Im michelle carusocabrera. Here is what else is on the menu or happening this hour. Ibms board approving Quarterly Cash Dividend of 1. 40 a share and announcing a 3 billion stock buyback program. Consumer confidence taking a big tumble in october, the conference boards number, its index falling to 98. 6. And in the meantime, home prices jumping in august to near record levels. But we begin first with what is going on here with lets get to Tyler Mathisen i see what were doing. Welcome, everyone. Tyler mathisen is with us from cnbcs net net summit at the New York Stock Exchange. Well get to him in a bit. Lets start with the outrage today over health care and your money. The average premium on the benchmark obamacare plan jumping 25 . Year over year. Dan mengin joyn mengin joins us. I see there are some states where they have risen 60 , 100 . Yeah, arizona, for example, that
Way you are the one thing in my way good morning. Welcome to Worldwide Exchange on a friday. Im sara eisen that and im wilford frost. A new song called my way. 1 moves up for the major averages. The dow closing up almost 200 points. Were getting a tad bit back ahead of more economic data. Dow futures down 6. 5 points. Nasdaq down 12. 5. A choppy trading. The indices beatsing a twoday losing streak yesterday. App sl a big story. Well get to the chart of the week in just a moment, but apple up more than 12 this week alone. Its been a stung rise. Which has meant as well the tech sector, but theyre the performer of the week. S p 500 and the dow up 1 . Taken into positive territory. The nasdaq is up 2. 5 . Well see what happens today. As for the treasury note yield, a lot of hand wringing over higher yields but actually were at 167, which means they havent budged much from last week. Industrial production and retail sales notably coming in below expectations. This is all ahead of the big Fe
Thought, the famous verizon ad. Can you hear me now . Good. Can you hear me now . Thats where we land. Cell Service Needs to fall back. If people are using that trick to get off the phone with the president , that is amazing. Works. Liz, thanks for being on the show. This other guy, thank you for being on the show. Thats our show sp. Have a great thanksgiving friday. At 6 00 p. M. , we have our speci special, russia on trial, check that out. And hardball starts now. Trump stands alone. Lets play hardball. Good evening, im Chris Matthews up in boston. For weeks, republicans is have distanced themselves from roy moore. Theyve pulled endorsements and urged him to drop out. And many have said they believe his accusers. Lets watch. Do you believe these allegations to be true . Youre talking about he said 40 years ago, this did not happen. So, you know. And i do have to say, 40 years is a long time. Hes run eight races and this has never come up. So 40 years is a long time. Well, both new yo