Approaching that 103 level. That would be a breach of a technical and psychological level. . 99, 2. 7 top the upside. After the biden victory, gold as well seeing three straight gains three Straight Days of gains. Joe biden preparing to take office as the 46th president of the United States. He is moving forward as president elect, launching his transition effort and readying a plan to tackle coronavirus. President trump is refusing to concede, weighing more legal challenges. The people of this nation have spoken. [applause] they have delivered a clear victory, commencing victory. A victory for we the people. I pledge to be a president who seeks not to divide, but unify. [applause] who does not the red states and blue states, only sees the United States. Our work begins with getting covid under control. Economy, repair the restore our vitality, or relish lifes most precious moments, hugging grandchildren, children, birthdays, weddings, graduations, all the moments that matter most to u
Take a hit. The covid consumer, walmart, home depot and kohls among retailers reporting earnings today. Walmart says ecommerce sales up 79 . And elon musks billions, tesla getting a spot in the s p 500. It is among the highest valued companies to ever enter the benchmark index and musk is on top to become number three, that is the third richest person in the world. Indeed, guys. Well start with the retail picture this morning, jim, youve been vocal as to the investor response on home depot and walmart. I guess thats related to the news out of amazon. Look, by the way, those stocks do tend to run up in the quarter and sell off thats nothing new a more aggressive amazon is always something we have to Pay Attention to i remember when amazon bought pill packs, the drug stores got killed i also point out that walmarts online david, thats not going to go away you can argue someone is going to argue thats the peak i would argue that amazon and walmart have taken so much share in this country,
Moment. It is moving markets, but theres a lot of stuff percolating. The Dollar Strength really has my attention. I would go to the news released in the 5 00 hour of the reports that mr. Netanyahu met with the crown prince of saudi arabia. These really havent been vetted out by the israeli or saudi government yet, but i wonder if that helped a little bit as well. Jonathan i dont know about that, tom. News, dollaraccine weakness, can we touch about that a little bit more . The dollar taking out the lows on dxy. Es, we will see how bbdx do and the others. What i would note is the mexican peso. Comes through, hits 20 this morning. That is just one little snapshot of the complexity of e. M. Pairs doing well. Dm,than from e. M. To everything stronger against the u. S. Dollar. Yields up a couple of basis points. Lisa, good morning to you. Supply coming through the week. Lisa we will be getting 190 billion of debt, fiveyear notes. I dont know if you did this reading over the weekend about the
Reported yesterday and a top Infectious Disease expert says its about to get worse. Power lunch starts right now and welcome to power lunch everybody, the election shifting towards joe biden today. He took the lead in the counts in georgia and pennsylvania. Lets go to eamon javers to break down where we stand right now. Were stel loill looking at e same list of uncalled races. Joe bidens lead is increasing weve had more vote now coming in today from pennsylvania, moe are vote out from nevada in pennsylvania bidens lead over trump has grown to more than 13,000 votes. Take a look at the state of pennsylvania we are about 96 complete. Too close to call there. The difference there 13,220. Thats the whole ball game if joe biden wins there, this race is over because thats 20 electoral votes. Biden only needs 17 at this point to go over the top in nevada, press conference just wrapped up in clark county, home to Las Vegas Biden expanded his lead there and is up to 20,000 overall in the state.
Data from the late stage kile of its Covid Vaccine and could reveal that data on how things work very soon were keeping our eyes on shares of southwest the airline saying it sees a deceleration in revenue improvements for the rest of the year, carl jim, well start with the balance between these covid numbers and the expectation that winter is going to be tough. But got to say some of the encouraging headlines out of curavac today saying that this might not be something we need every season because the mutation peers less frequent and more stable at basically refrigerator type temperatures. Look, im convinced that the people evolinvolved in this, i n well get good news from all these companies. Havent stopped the times. I expect good news from moderna. I expect good news from j j. I speexpect good news from glaxs behind, but astrazeneca. Here is the problem, carl, i keep thinking what happens, when do we get it when do we go to walgreens and just get it . And will everybody get it . I j