Im becky quick along with yoe kernen and Andrew Ross Sorkin. As joe mentioned, we are seeing green arrows today reversing a lot of the losses that we saw yesterday. Yesterday the dow was down by 317, this morning it picked up 272 points in the futures so far. Also the s p up by about 32 after it was country down by 1 yesterday. And nasdaq up by 95 this morning after it was down about 76 points yesterday yesterday was the worst day of the month, but there are crazy good numbers dow up by 10 for the honesty to da month to date and nasdaq is up 7 for the month of november so far too. Also lets take a look at the treasury market. The ten year note is sitting right at 0. 896 . So back below 0. 9 , we had flirted with the idea of seeing it finally hit 1 , but it is not there yet. Andrew thanks, becky as joe mentioned, president elect joe biden has nowofficially won the state of arizona, nbc making that call late last night. He is the first democrat to win in arizona since president clinton b
Election uncertainty poised to bounce from the worst week since march businesses are bracing for election unrest. Live in manhattan. Well take a look at how companies are preparing for the unknowns of this week ahead. And with no preelection stimulus lifeline, how airlines are now preparing to stem the losses and lure passengers back in to their seats. Carl all right, jim, what do we think is going on this morning doesnt sound like you trust futures at this level. We really sold off terribly friday until the last half hour. This is continuation of what looked like a short covered rally. I think a lot of people who are betting that no matter what happens it will be contested and therefore the market has to go down so, why not just come in short my problem with that is what happens if its actually not contested . What happens if its a landslide for either side. The reeason i point that out if youre betting on a contested election its entirely possible with our 24hour coverage its entirel
Guy is introducing his wynndicator we start off with another record close by the nasdaq led by big tech, apple, microsoft, amazon, facebook all hitting record highs today. The five Biggest Companies in the s p 500 account for nearly a quarter of the indexs total market capitalization. How long can the leadership of these names last if you look at the nasdaq 100 has outperformed the s p by 28 year to date but by 13 since those march 18th low amazon and maybe facebook were somewhat defensive here for real reasons related to the core business but some of the others have been defensive because of the size of the business and these are companies that you know are going to be tomorrow. Thats really the story. It is important that pmis around the world over the last 24 hours were quite good. You actually had a major recovery across europe i think people are starting to see data points that matter. All that really matters is the fed reserve. Based on 2022, you can start to get a normalized pro
Bangladesh as refugee camps suffer the first coronavirus cases are discovered. And, hong kongs release watchdog clears offices of brutality after months of violent protests. Anchor hello. Latin americas Coronavirus Crisis is accelerating. Brazil Health Minister has resigned after weeks on the job, the second to leave the post in less than a month. Predecessorhis locked toward with president bolsonaro on his plans to reopen the economy. But brazil is now one of the worlds worst hotspots with more than 14,000 people dead and 208,000 infected. Mexico has recorded its highest number of daily infections after nearly 2500 people tested positive. Hospitals in the capital ful. Capital goes into lucked out in a few hours. Thousands of new graves are being dug. Colombia has allowed some essential businesses to reopen after its seven week shutdown led to a fall in the infection rates. The World Health Organization has called for cohesive leadership across latin america to control the spread. From
Decision not to return. Are they flexing their muscle on this because they think they can and they could start earlier than other Small Businesses in the area . Im sure they are flexing their muscle and we got to make sure we are fair to everyone and tesla does not get any special privileges of the other businesses dont get. Reporter the Alameda County Sheriffs Department releasing a statement late today saying, we are addressing this matter using the same phased approach we use for other businesses which have violated the order in the past, and we hope that tesla will likewise comply without further enforcement issues. Tesla maintains they have a return to work playbook that these employees that are back on the job have health and Safety Measures that theyve been going through the guidelines, but coming up at 6 00, we talked to that particular employee who says he still doesnt feel safe hitting back onto those lines and he will explain in detail why, all that story coming up at 6 00.