September retail sales, nice beat there, the srt up 102 from march lows, thats a new high, Dick Sporting goods, best buy, dollar general, costcos and lowes, bed, bath and beyond on its best pace ever is it time to buy retail there are still select names you can buy at retail and some names that have absolutely exploded the up side you just went through a list some of these are at alltime highs. The consumer is strong, the consumer return, the consumer has gotten out there the september numbers were well above what the expectations were these numbers are very, very impressive it does go to show you just how strong these guys are in terms of everybody getting out and about and getting into different retail its not just about the essentials anymore you just went through the laundry list the reality is, it is about people going out and getting clothing, shoes, yoga material whatever it is we might be, we are seeing an absolute run towards that area and a nice spring board were seeing a lot
Everyone has no doubt used bandaids or tylenol. Those products are wellknown products produced by Johnson Johnson. Johnson johnson is also a giant in many other areas, and is now taking a leading role in preparing a vaccine for covid19. Its ceo is alex gorsky, a west point trained former military man who has done an incredible job over the last eight years making this company the most valuable Health Care Company. Now, some people say the most commonly spoken words in the english language today are can you hear me because of the zoom phenomenon, but i assume in your case, the most commonly asked question is when is the vaccine coming . You must be getting asked this every hour on the hour. I will do this as well. When is your vaccine coming . Alex its usually about every 15 minutes i get asked that. Let me start by saying i could not be more proud of the incredible work that our scientists and our engineers have been doing over the past nine months to put us in the position where we ar
Town halls. Who came out on top . I will ask. Also coming up, pfizer announcing it will hopefully be able to move forward with its vaccine next month as americans try to hold out hope. We have the very latest on the trials and how they impact the investing. Of course, its all about your bottom line. We will talk about that at the bottom of the hour. All that and so much more on making money. Charles all right, folks. The markets bolted out of the gate initially powered by higher than expected retail sales through september. Huge number, crushing wall street. In fact, overall, up 1. 9 . The street was looking for up. 7 . More than 300 more above the 0. 4 in consensus and the control group which goes into the gdp report, up 1. 4 . Department stores, they saw a huge rebound, clothing popped as well. Even the internet, its interesting, though, because it had a more pedestrian move. Meanwhile, restaurants, they picked up really nicely as Grocery Stores seemed to have plateaued. Auto sales w
Nix says the material could have an adverse effect. Government would like state leaders to do more. Check in on how markets are trading. U. S. Futures are coming online 0. 5 higher. We were bracing for some more turmoil this week after President Trump was hospitalized late friday. We havent had such big or huge losses. The president was headed to Walter Reed Hospital for treatment. Down a seeing it come little bit. 0. 3 . Gaining this after it dropped to its lowest level since june based not only on the uncertainty of the president s covid19 diagnosis but oil supply concerns. The dollar was sort of steady in this in the close. Fact that thehe u. S. Jobs report is pouring cold water on the outlook continuing the u. S. Economy adding fewer jobs than forecast in september. Are releasing this tension in the markets where you aresee how reluctant bulsls to give up their positions. This is where the nikkei 225 chicago futures are. Up just about 0. 5 at the moment. Across asia we are looking
Will airlines survive the pandemics economic wrath . And dont become a victim. Real estate wire fraud. It seemed too good to be true. Home buyers devastated by a sophisticated hacking scheme. And then, i called lindsey and i said weve been robbed. Live, from cnbc global headquarters, the facts, the truth, the news, with shepherd smith. Good evening. The covid surge weve been hearing about. The fall winter uptick its here. It started as a trickle. Then, as a stream. Now, its a flood. This new wave or whatever you want to call it is right, this minute nobodys told us we see it, so we are reporting it look at this this is a new covid Field Hospital at the wisconsin state fair it opened, today, for recovering patients, so theres room for new ones in strained hospitals well go there, live remember, it was central park, back in the spring, in new york city now, its the wisconsin state fair and look at this map in minnesota, the National Guard called out to help with Nursing Homes on opposite