Impact of stayathome and lockdown orders. Will america accept drastic changes in the way this years holidays are celebrated . We are going to get into it. The situation has brought stimulus spending back into the spotlight. President trump has stepped away from the discussion, leaving leader mcconnell and speaker peloo w tkhing thi thi ou we believeveve the ty ayyti s dee tit t tirusirir andhehe sll a b highhigh. Lst ss acks ilnow 30 yestyeday,yeda wdal ounacaybe be 0 ts mog. In s s up. Aq isdor a f gai g gff maybe be. Plenpl of pl oreenensens fy mog. N lookow l at at is. Is n h sliocialiialili a a a sta d n. Nsocialist jisoe mancn. N. Thatictu reictuicpetuolumesol t ttp split spl spl among democrdeats. Ats. S. S. S. Sp the mtheayayf chicagohiitut aut ma shohognt a a a bullho while celebrating the Election Results. Risky behavior. But iloLori Lightfoot just cancd thanksgiving in her city. Okay to celebrate the election but not the all american thanksgiving. Its going to be a great show
144,000, 65000 people hospitalized and we are averaging over a thousand deaths a day. A new round of restrictions would surely slow the economy and put more people out of work, heard even more with travel, retail and Entertainment Industries perhaps, thats one reason the market is selling this morning. After the huge recent gains the dow looks to be down about 200, s p down about 10. Look at the nasdaq with a modest bounce to the upside with the dana may be a quarter of a percent of the standout political headline comes from Bernie Sanders. He says yes, if offered the job of labor secretary in a biting next he would take it. On that, we will say this, varney co. Is about to begin. Stuart born to be wild, well i guess thats fairly appropriate. What you are looking at is rather empty new york city on a rainy thursday morning. Of course, its been half empty for about eight months and Governor Cuomo has more restrictions on businesses. Ashley, bring me up to speed. Ashley he certainly has.
What did you think of the night . Nts speech last guest it was an inspiring speech because it was so optimistic and an appreciation of the nations past and a very upbeat look at what we can achieve in the future. Host you have defended the president s handling of the pandemic. What grade would you give him . Guest i would give very highgrade to him. The centers for Disease Control and prevention, not so much. Unfortunately. , the career people who have in been there year after year have disappointed americans not only in the handling of this pandemic but in Previous Global Health challenges, whether it. As h1n1 or the zika virus so big changes need to be made at the cdc. I would like to start by explaining to the audience what the committee to reduce infection deaths does, because i am really here on behalf of the committee to provide a lot of valuable, nonpartisan information about how we can prepare for the next pandemic. Host please, go ahead. Guest the committee to reduce infection
Both companies app stores. We will get into that. Check this one out. Joe biden calling for a nationwide mask mandate for all americans for three months, even if you are alone in the park. Then he takes no questions after announcing that plan. We will get into all of it for you and it is time for friday feedback which you still have time to send in your responses. Email us, varneyviewe varneyviewers foxbusiness. Com. We may read your email if you send it in now. An epic three hours ahead. David asman in for stuart varney. Varney company about to begin. David lets get a check of the markets and as you can see, the futures are down on the s p and the dow jones but up again on nasdaq. Meanwhile, its been 100 days since that march 23rd bear market low. Come in, ashley webster. Ash, we have seen a historic market reaction, a bounceback, right . Since hitting the lows on march 23rd . Ashley absolutely. Good morning to you. Since hitting those lows back in march, hundred day stretch going all
Cases in south korea, with death toll there rising as well and also in iran, and kuwait, and afghanistan and bahrain getting hit, trump tweeting out stocks have digested the news up until now, what was it about todays news causing that slide. When you hear that chinas home sales are down 90 yearoveryear, adidas, business in china, 85 down. You see pictures of airplanes flying to milan and confirmed with 8 people onboard, and they shut down festivals in venice, then you hear about other countries. It tends to feed on its. But i want to be clear about something, at the highs last week in 14 months. The nasdaq was about 58 . And dow up 36 . That is like 5 years of gains, so, the market is supposed to be two steps up one step down, not 5 steps up no step down, i think it will happen no matter what. But this is happening because of this. Events. Chinas economy of already hurting before the coronavirus emerged. And i think what is i think it is bigger david than just the coronavirus, i think