Of optimism into the market. Thats sending a huge swath of the markets to record highs, as president elect joe biden gets clearance from the Trump Administration to begin preliminary transition protocols. Yes, it crashed through the 30,000 ceiling but can the dow close there . Heres what you need to watch in the next call it 59 minutes with me. The dow has got to be up 359 points for a brand new record. But were above 30,000 and that means we are up about 437, just 29 points above 30,000. So you get to do the math there. The s p has got to be up 49 points. We are at the moment up 55. No record for the nasdaq, but it did pop above 12,000 for the very first time and we are still there, 12,026. The russell, im not going to ignore it. I know you russell fans. These are the small and midcaps. Any gain is a record. The dow transports also about to close at new alltime highs. We are watching it all so closely. But as the markets say let the good times roll, there is a darker backdrop at this
Now, i cant get over it. Welcome, everybody. Hope you had a wonderful thanksgiving. Im neil cavuto. This is coast to coast. Were concentrating on the last day of trading for the month of november. Ion with the shellacking the Dow Jones Industrials is getting right now it is still looking at one of the better months weve seen in quite a few years. As a matter of fact, at the rate were going unless we really tumble out much bed here the strongest month since january 1987. Ignore what happened hater in that particular year. But for now were putting a capper on what is incredible comeback month included a surprising, legally infighting president ial election, pandemic spiking cases all over the the world. Yet with a comeback to put agrees on grease on the skids. Were getting growing indications this will be impressive run. Usually when you have a strong november you have a strong december. You put a capper on the year as a whole. A lot notwithstanding on optimism were competing for vaccine
The markets matched in their explosive force by Online Retail. We are on the cusp of a recordbreaking cyber monday today but will any of the Online Retailers be able to break out of the amazon jungle . Top 200 amazon seller now turned tellall author is here to cut away the brush to reveal the wonders and the dangers of doing business on amazon. And as president elect joe biden begins locking up his economic and cabinet teams, one crucial position still remains unfilled. Who will nab the top spot at the Energy Department . Sun power Ceo Tom Werner about to let the sunshine in on that guessing game. First, a fox business alert. The dow is on pace to close out its best november since 1928 and you know what, the s p is even better. Trying to clock the best november in its history. But take a look right now, the small caps, the little guys, the russell 2000. Forget november, this is the best month ever for the russell, up 18. 8 . Sm energy, gannett, choice point, some of the biggest small c
Up 95 points. The dow better by 393 points. Perhaps on investor belief that the worsening pandemic will shake congress fists open leading to, perhaps, the passage of a relief package. But as millions rush to get tested, rapid covid testing suddenly under fire from billionaire Tesla Ceo Elon musk who claims he took four tests with confusing results. So were bringing out one of the breakout stars of the netflix dock you series pandemic, dr. Jacob glanfeld, what he wants to hear from the president as the development of a covid19 vaccine inches closer to reality. And the coronavirus isnt elon musks only problem. Theres a new player on the electric vehicle front carving out its own ev beast face. Yes, thats right, the ceo is here in a fox business exclusive. Yes, the company is publicly traded. Well tell you who it is. All right, but first a fox business alert, just as americans rush en masse to get covid tested this hour, teslas ceo, elon musk, is on the attack. Did you see what he treat t
You know, and the nasdaq, of course, moving ahead here. But right now the dow and the s p are the ones poised for a gain on the week. And we got that hand count underway right now in the peach state as Networks Finally do what fox has done and call that race in arizona, indeed, for joe biden. So that is not going down well with team trump. Well take a look at whats happening on the count, where he might place his bets right now in this increasingly unlikely bid to secure another four years of the white house. Lets go to Jackie Deangelis first i off on those spikes in cases right now that just get bigger and bigger and more worrisome literally by the day. Jackie. Reporter good afternoon to you, neil. Well, presumably, the president will be briefed on that. Its supposed to happen i any moment now regarding operation warp speed. But, of course, its a closed briefing, and many are questioning why joe biden, president elect, wont be involved. Thats a separate conversation that we could have