The nasdaq up by about 120 yesterday was a down day for the markets. The dow off by about 270 points. But if you want to take a look at november hes historic gain, check this out, the dow actually up by 1. 8 for the month, that is its best month since january of 1987. The s p no slouch either it gained about 11 while the nasdaq was up nearly 12 november by the way was the best month for all of those indexes since april which was a huge month. Also small cap stocks were some big winners. The russell 2000 finished the month up more than 18 , 245ethas right, 18 in one month, the best month since that index was created back in 1984 so here we are heading into december and year to date, the nasdaq is the superstar, up nearly 36 the s p 500 is up by 12 and the russell 2000 up by 9 . The dow up by 3. 9 so fantastic november for all of these indices. Nasdaq leading the way in terms of year to date. Joe. Yep, coincident with the surge. Go figure. The second surge are you sure it is never too ea
Mid to upper 60s inland. And we will talk about the rest of the week coming up in just a few minutes. Lets check in with the traffic. It is starting a backup of the bay bridge this morning. Weve got a broken down vehicle near the meeting the lights. Just passed the toll plaza, adding to an already busy right as you work your way towards the bay bridge toll also. Youve got a backup almost 880, the overpass so give yourself a few extra minute. Slugs conditions as you work your way through the upper deck as well. If you taking the westbound 580 , we have a stalled vehicle blocking the right lane right before coolidge avenue. And another part of maybe, this is the ultimate pass, already busy from tracy as you wake your way north. Police on the scene of a homicide in jose. It happened late last night on north capitol avenue near mckee road. Police say a man was killed. This is the 42nd homicide in san jose this year. Right now, we do not have any information on motor or a suspect. We will b
Highs of the s p 500 all the way to certain cases of covid to a fight between the fed and treasury and condemn it really money and pandemic relief money. We got progress from moderna and pfizer, making impressive headway for a vaccine. Trumps Campaign Still unwilling to concede the election. All of these headlines causing a tugofwar in the markets between longterm fears and hopes. These five days, we are trying to work out where to place our bets. Joe yeah, thats exactly right. As you mentioned, we hit record highs at one point this week. Today, not much going on. Despite optimism in some markets and more vaccine news, if you look at longterm yields, look at that. U. S. 10 year yield back down to. 82 . We were talking about will it break one . I do really feel as though we look at this economy, perhaps we will struggle a little bit over the next several months and it is going to be a very long time until we see any kind of rate lift off. Romaine it is interesting. You are now getting i
Francine one week to go, biden picks up his campaign pace as the senate hands the Supreme Court judge confirmation to trump and republicans. Syphilis Nancy Pelosi Nancy pelosi and Steve Mnuchin failed to make a deal. And chief executive noah quinn cast credit losses. Paybank aims to conservative diffidence. Welcome to bloomberg surveillance. Tom keene in new york, im french on the quad and london. That Francine Lacqua and london. We have hsbc, we talk about dividends. Bp saying it will be a very volatile couple of quarters ahead. Tom the pandemic overlay was still ahead. That was the theme yesterday, far more than the election, it was certainly the talk of new york. Every conversation was about a reinventing of the pandemic. Thee going to try to put nearlyhrough today, not as much damage as you would we are witht here futures up six. Francine and what is also significant is a lot of european countries, there seems to be a backlash against governments that are trying to put too many res
It is a blue shirt. It is because they dont know how to do the lighting because it is darker outside now. Ive got the blue and it shows up every day here in the bunker im envious i want blue but im unable to perform. Sad. Lets show everybody what we are seeing for the end of the week here. We have a bit of a mixed picture. The dow looks like it would open down the nasdaq looking to open higher as well the first down day and on pace to snap the first twoweek streak amazon closing down 2 and a quarter of a percent a little bit of a rough ride there. This next story will keep on giving i hope it stops reading. The more i read about it, both sides are locked into things the other side wont agree to one comment about the tech wreck. I know, i know the house is not burning isnt going to do anything for anyone. This will unralravel completely it is nutso on the upside. It seems like it is less accepted moving up then down 7 it is like oh, my god, will the sun come up tomorrow President Trump,