Market as well. Tom ive got to be careful here, but ive never seen it before. The dynamics of particularly dow futures have been extraordinary. Nasdaq 100 shows a little bit of persistency, with green on the screen. Jonathan 18 basis point trading range on the treasury yield. It is the election map everyone feared they might wake up to, confronted with the idea that you might have to wait maybe a few more days. Lisa theres several maps that are the worst Case Scenario for markets. We have the potential for a contested election, but also looking like the democrats will be unable to win the senate. Not yet determined, but that is the map. If you look at the Electoral College, it is the path to 270. Former Vice President joe biden currently racking up 238 of those votes, versus 213 of President Trump. It is going to be up to wisconsin, michigan, georgia, pennsylvania, nevada. It is so close that the big take away here is that this was not the blue wave people looking for. This is not the
Bounce back in the worth session in more than a month pete, i began with you he said the top of the market was on september 2nd, that the bubble has already popped. Were now in the midst of an enormous tech bubble ipo mania, extraordinary valuations and new metrics for valuation, the more fanciful an distant, it seeps the better the stocks performs. Is he right . Are we in the midst of an enormous text bubble, pete i think we are in the midst of certain sections of text that are definitely in a bubble right now, scott theres no doubt about that. We look at some of these names that have absolutely soared to the up side. We all know those names. Zoom would be the poster child you go across the board and say theyre in the right place at the right time but are they fairly priced or are they a little bit in that bubble area i think many of them are but right now, scott, its about growth and there has been growth and cash and last week we heard wre rick riether last friday and youre looking
Country. Already getting crowded out there, including to chicago and los angeles. Always crowded in los angeles. Speaking of l. A. , the mayor Eric Garcetti is urging people not to travel or he will fine you. Also ahead, we have one Restaurant Owner who is openly defying his states mask mandate. No masks for customers, no masks for employees. Hes here in the 10 00 a. M. Hour to explain. But lets take a look at the futures, why dont we. One day after the dow surged past that 30,000 mark, just down a little bit in the premarket, as you can see on the dow and s p. The nasdaq up about. 25 . We will see where it goes today. Yes, weve got a big show lined up. Varney Company Begins right now. Ashley little bit of funk courtesy of sly and the family on this eve of thanksgiving, get you in the mood. We are also going to bring you this. Cdc director Robert Redfield on vaccine distribution. Roll it. The vaccine is going to begin to be rolled out probably by the end of the second week of december.
At the oxford astra. Zeneca vaccine has shown from it. Should have been bring you up to speed plus as market top of the optimism for a covert vaccine. The treasury has halted extensions for emergency relief programs. When to break that down, what that could mean for a swift economic recovery and later tensions continue to rise between the United States and china. As the white house is mulling, new moves against the peoples republic with a packed show today. So lets dive right in. And we leave the program with more positive news in the development of a coping 1000. 00 vaccine after zeneca on monday said late stage trials of its vaccine can it showed it was 90 percent effective, becoming the 3rd drug maker to report similar results. Now the drug which is being developed with Oxford University has long been seen as one of the top contenders in the vaccine race. Now during a Video Conference call, representatives from astra zeneca and Oxford University spoke about distribution and how Comp
Abandoned any hope of a virus package before the election. He says a deal will come after the vote. Big tech prepares to defend interests as jack dorsey calls section 230 the most important law for free speech and safety. Get you started with a quick check up on how markets are right now. Sophie kamaruddin. Are set toa stocks resume losses this wednesday and you have nasdaq eminis under pressure early in the Asian Session after we sawtek shares rally. We are watching what is going on with the tech space following amd agreeing to buy a company. Results could provide support for that space. Its a busy calendar for earnings. Withec reporting today sony. In australia, the asx 200 coming online with some Downside Pressure set to extend losses for a fifth straight session while the aussie dollar is holding steady, slightly under pressure, while bond yields are easing ahead of inflation data due from australia. We see a pickup. Lets flip the chart for a broader outlook on where the dollaryen