Contributor, karl rove. Futures are pointing to another rally, extending yesterdays gains of 315 points on the dow futures right now, all three major market gauges finishing in the green yesterday, boosted by positive news on the vaccine front from astrazeneca this time. Best buy, burlington and Dicks Sporting Goods are reporting this morning, all the numbers as soon as they hit the tape. Were keeping an eye on the Holiday Shopping season thats largely shifting online. How you can protect yourself against cyber criminals looking to hack the holidays. And replacing an icon, or trying to. Jeopardy will be seeing a show alumnus as its new interim host, making a buzz this morning. Mornings with maria live right now. New york, concrete jungle where dreams are made of. Theres nothing you cant do. Dagen weve got a rally on deck here in the United States, same story in the european markets. Gains across the board, up about 1 in england, france and germany at the moment. In asia overnights, mar
Perfect sense. But then there are days like today when i cant take how stupidly bullish this market can be the dow gaining 164 points nasdaq climbing 0. 35 . You often hear people saying that the whole things been manipulated. Its a desperate Federal Reserve and its a scared powell and its President Trump winning the election no, the feds just doing its job. And if the white house wanted to juice the stock market, dont you think they already wouldve cut a deal with the democrats on the next round of stimulus see, there is a much simpler explanation. I call it clueless buying. I always say you should never underestimate the wall street promotion machine. But never underestimate the power of enthusiastic buyers who do not know what theyre doing they know nothing some people accuse me of taking the thing too far. They say im not willing to call people out for being morons that are more likely to put retire clorox ceo than i am to put a departing Ceo Jim Hackett on the wall of shame. They
Jobs falling by almost 3 million but much less than what economists were expecting. Coming up on todays show, as more companies address the rising tensions in america, well seek with ursula burns, the first black ceo of a fortune 500 company, about how Business Leaders can work for real equality and change. Well Talk Solutions with her. Plus the ceo of etsy will join us to talk about what his company is doing to address societal issues and how the coronavirus has changed his business the big stories we are watching in this final hour of trading, as we look at session highs, mike santoli tracking the market rally. Leslie covering boeing and more on the vaccine front. Mike, start us off with another day and another big rally. A big one this was a day it seems you had a lot more people who decided they had to quit fighting the rally. An acceleration to the upside. Take a look at a oneyear chart of the s p 500 weve been talking about this in here, 3,130 the number. Weve been pointing out t
How worried should you be . Nine Business Days ago, the legendary Warren Buffett talked on cnbc about the greatest of america and the power of longterm investing. He explained stocks were still the best assets. He pointed out that even if you bought and held during the financial crisis in 2008, the worst possible time, youre up big now. But since buffett made that call two weeks ago, the s p 500 is down roughly 10 , thanks in part to another brutal session where the dow plunged 970 points the s p plummeted 3. 93 and the nasdaq nosedived 0. 10 . Buffett always says you should be fearful when others are greedy and be greedy when others are fearful. He publish an oped buy american, i am as the oracle explained, and i quote, i havent the famous idea as to whether stocks will be higher or lower a month or a year from now. What is likely is that the market will move higher, perhaps substantially so, well before either sentiment or the economy turns up so if you wait for the robins, spring wi
Reductions in retail and wholesale trade. Most districts continue to report trouble finding advocates. They span most industries and skill levels wage pressure was strongest for low skilled position one provider of Business Security services in seattle reported labor costs are the highest in the companys history. And in chicago, there were multiple reports of Companies Big back retired workers to build a gap. Most districts supporteds moderately slower spending dallas did note stores near the Mexican Border continued to be challenged Consumer Spending was mixed with weakness in retail, and prices rose modestly, with retailer reporting higher costs due to tariffs. Sales expectations were optimistic for the Holiday Season in the boston district. One retailer reported that import duties on some european luxury goods were going way up this is the last phase of the report for 2019 so sorry thank you so much diana olick reporting from washington Steve Liesman is alongside us now. Zbrl i thin