Since winning the election youre playing jeopardy with your life. Plus, an extraordinary journey of love and covid from a patient who was put in a medically induced coma hear her urgent warning. Live from cnbc global headquarters, the facts, the truth, the news with Shepard Smith. Dow 30,000, First Time Ever, its been a great cnbc day and a historic milestone on wall street stocks surging even as america enters its darkest chapter yet of this pandemic the pain on main street cannot be ignored many families are broke, hungry, burying loved ones or saying goodbye on a cell phone screen, and relief from washington is not coming, not yet. But experimental vaccines are fueling hopes of an economic recovery, and a return to some sort of normalcy i want to show you a look at the dow. Were obviously here now, but what a road to get there, along the path, thousands and thousands with a roller coaster. You can see the middle of february right there they have shattered the gains, and all the way
That would be a game changer. Bitcoins market cap is currently only 3. 1 the size of gold. As bitcoin and gold struggle between the risk off, is gone, copper is not hitting a sevenyear high. It looks a lot like that spike we see in early 2000 at the beginning of that chart, that is when china started commodities super cycles. Maybe there is some more longterm fundamental support from china. Lets get into the ring with todays top story. Opecplus agreeing to increase output starting in january, with monthly reviews to cf if more oil should be added. Alex longley joins us from london. What are the rules for the subsequent production hike . Alex there has been a fraud week of debate within opec. We have had the opecplus meeting. What we are hearing as they have agreed to hike production by 500,000 barrels a day in january, and will then have monthly reviews what they were at another 500 barrels a day to the market. That is doing the same, weve got a Strong Oil Market at the moment. But the
Since winning the election youre playing jeopardy with your life. Plus, an extraordinary journey of love and covid from a patient who was put in a medically induced coma hear her urgent warning. Live from cnbc global headquarters, the facts, the truth, the news with Shepard Smith. Dow 30,000, First Time Ever, its been a great cnbc day and a historic milestone on wall street stocks surging even as america enters its darkest chapter yet of this pandemic the pain on main street cannot be ignored many families are broke, hungry, burying loved ones or saying goodbye on a cell phone screen, and relief from washington is not coming, not yet. But experimental vaccines are fueling hopes of an economic recovery, and a return to some sort of normalcy i want to show you a look at the dow. Were obviously here now, but what a road to get there, along the path, thousands and thousands with a roller coaster. You can see the middle of february right there they have shattered the gains, and all the way
Since winning the election youre playing jeopardy with your life. Plus, an extraordinary journey of love and covid from a patient who was put in a medically induced coma hear her urgent warning. Live from cnbc global headquarters, the facts, the truth, the news with Shepard Smith. Dow 30,000, First Time Ever, its been a great cnbc day and a historic milestone on wall street stocks surging even as america enters its darkest chapter yet of this pandemic the pain on main street cannot be ignored many families are broke, hungry, burying loved ones or saying goodbye on a cell phone screen, and relief from washington is not coming, not yet. But experimental vaccines are fueling hopes of an economic recovery, and a return to some sort of normalcy i want to show you a look at the dow. Were obviously here now, but what a road to get there, along the path, thousands and thousands with a roller coaster. You can see the middle of february right there they have shattered the gains, and all the way
Reported a good quarter, but the Third Quarter guidance not needing the mark. Att stopped plunging 15 , the lows, down 18 . Its worst day since 2002. Another big story, we have been talking about silver. The spotlight today gold crossing above 1900 per ounce earlier. That haven asset, also you could say a derivative of fed liquidity on the others. Painting a risk out picture for all of this, we have the yen up for a second day. Dollaryen up 1 . That tells you investors are going into the yen, which is a true haven currency. Lots of pressures gritting this risk off picture. David it is not just the dollaryen. The u. S. Dollar is down overall. It is weakening. Is that right . Abigail yes. It has been down five of the last six days. One update was up ever so slightly. From a technical perspective it has been breaking down. A weak dollar is what happens when the fed pumps a lot of liquidity, easy money into the system. The fact you have the dollar week could suggest some traders may not li