Long. Then we are looking at cracking down on china. The Trump Administrations latest efforts to keep american money out of chinas military. New executive order coming up. Office of trade and manufacturing director Peter Navarro is here to discuss china and threat. Take a look where we stand with the dow industrials, 1 , nasdaq up 96 points and s p higher by 32. This falls a dismal day on wall street yesterday. The dow industrials were down 317 points, nasdaq lower by 76 and the s p lower by 35. Meanwhile the future of a Coronavirus Vaccine, new measures President Trump is taking in order to increase access once its ready for rollout. Alex azar is here live in 8 00 a. M. Hour. Elon musk has some questions. Why tesla chief has said about the results from four separate covid tests and then back to the shack, iconic miami eatery is reopening doors and providing you the seafood experience, we will take you there. Mornings with maria is live right now. Maria lets take european markets this
Pretty true to form on this thanksgiving hence to be a positive bias. But nothing out of the mode for a moment here. And that was a few days ago. You know, not necessarily you might think so you kind of just, you know, get ab early slate there was a definite persistence to the quarterly strength. There is a dynamic though. Once it gets overbought, once sentiment gets overoptimistic as arguably it is right now, usually you can see the multiple times in recent years when the Fourth Quarter just melted up. And at some point nifrt few months of the next year, usually you have a little bit of a recession. Mike, see you soon. Malls may look a lot different compared to a normal black friday Bertha Coombs is live in new jersey with a closer look at whether people are showing up to shop in person at all. They are. Some people have shown up. Were coming off a record thanksgiving in terms of online sales with so many Stores Closed but today we found some folks lining up for door busters this morn
Nearly 2,000 americans died of the deadly disease yesterday, the highest death toll since early may. As daily infections now top 100,000 for nine straight days. In fact, yesterday, 143,000 plus. Businesses are faltering so we are going to take you live to chicago, the city that may be the epicenter of the next major lockdown. Meanwhile, reliance on the cloud more important to business than ever before. And we talk to a ceo about how it clears the workfromhome runway of any debris for the biggest businesses in the world. This is a fox business exclusive and they are publicly traded. Baby yoda the hottest new star in disneys Magic Kingdom but will streamings popularity have the power to offset its shuttered parks when it reports earnings after the bell . Our power panel is about to give the mouse house stock an inspection. First, this fox business alert. Even Federal Reserve chairman jay powells measured calm and assurance that the recovery has been faster than expected, not enough to so
Youtube segment. The coronavirus remains front and center the u. S. Reporting more than 90,000 cases in a single day for the first time ever. 59 minutes to go in this session, the week, and the month. We are down 3 on the nasdaq today. Ahead on todays show we will speak well break down all of these moves and speak with dan niles and see if he is buying any of the tech nims names on the dip. Lets get first to the market. Mike santoli is tracking the action for us. What stands out . Just in the last hour or so, the s p 500 did go back down and test this level everybody has been watching. We have been pointing it out all week basically the september lows, 3,230 and change we did hit it on the nose. It was a little bit of a tag and then bounced off that. Thats what a test looks like. You dont pass every test. Keep that in mine. It is also the june highs. Also the break even level for the year so there are understandable reasons why people are clustered in this area and decide whether thats
Consumer confidence relatively judge the michigan consumers intimate data is a good guide. Lets break it down a different way. Current conditions, 85. 9. That is above expectations at 84. 9. This is what i was really looking for, expectations also ,oming in ahead of expectations but they are still below current conditions, 79. 2. They are not going down, which ethic is the really important thing, as we see the virus picking up. Alix and we didnt get stimulus, counterintuitive to what many thought would happen. Big tex stocks are lower on a stocks big tech are lower on a flurry of data. Now with us, mark st oeckle. Are you buying the dip . Tok i think people need keep it in perspective. The reports were good. I think what we are seeing today is skimming a little but of the froth out of the valuation adjustment. I think they are all very wellpositioned and very well performing companies, but lets also not forget weve had a big run up into these numbers. The interesting part is you look a