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
The city keeps going down. 66, 64, 62. So not above average this week. Remember last week . A roaring wind cranked up. Bringing a cooler pattern. 50s and 60s to the north. 53, napa. A lot of 50s. Marin county, to the russian river. And calistoga, 51. A low cloud deck marches up the coast. As it does, making a good push inland. It will burn off later today. Helped along by a system coming into the Pacific Northwest. This will give you a good cooldown. 50s, 60s, 70s and 80s. 7 01 a. M. Looking at the monitor. I would say that i would avoid 101 driving to San Francisco airport. Northbound 101 from places like san mateo. And driving up from belmont because of the crush on northbound 101 near peninsula. If you are driving up the peninsula and you dont need to be on 101, take 280. You will save yourself aggravation. San mateo bridge affected by this. All the sensors are red. That is why because of this big mess. You may not want to do that. Northbound 101, clearing an accident at ellis. That
The bottom as investors are skeptical about its turnaround plan good morning tgif lets look at the stoxx 600 this morning. Off by 0. 3 . This as the global bond rout continues and it is affecting equity markets yesterday the european markets hit an 11week low ahead of the ecb minutes. Were on track to end the week flat lets show you the markets one by one all the major markets are in the red. Xetra dax off by 0. 3 . Ftse 100 off by a similar percentage one of the worst performers sector by sector, oil and gas is underperforming dramatically today this is in part because oil and gas stocks are lower on the back of Oil Prices Falling quite significantly. Wti crude back below 45. Brent crude off by 1. 6 . This is on the back of a rise in u. S. Output. That seems to be outweighing news yesterday of falling inventories. Just want to draw your attention to the fact that youre watching live pictures in hamburg where protesters are gathering to demonstrate around the g20 summit as leaders have
Second, im asking tonight, can they get away with it . Im ali velshi, and this is real money. This is real money. You are the most important part of the show. So tell me whats on your mind by tweeting me at ali velshi. Major 25 billion deal in the pharmaceutical industry today. Three of the biggest names in drugs and Consumer Products engaging in a multi prong deal that will affect not just the value of your investments in the companies, if you have any broad based investments pharmaceuticals probably form a part of them, but also the drugs they develop in the basic Consumer Product you buy. As part of the deal, a joint consumers Goods Company that will sell some of the common brands that you buy, excedrin, bene fiber which keeps you regular. Stocks were up, and more importantly this might be a signal of more to come in the industry. Remember, the drug industry is partially this stuff, the consumer good stuff, but its mostly the big blockbuster drugs that take years and often billions
Second, im asking tonight, can they get away with it . Im ali velshi, and this is real money. This is real money. You are the most important part of the show. So tell me whats on your mind by tweeting me at ali velshi. Major 25 billion deal in the pharmaceutical industry today. Three of the biggest names in drugs and Consumer Products engaging in a multi prong deal that will affect not just the value of your investments in the companies, if you have any broad based investments pharmaceuticals probably form a part of them, but also the drugs they develop in the basic Consumer Product you buy. As part of the deal, a joint consumers Goods Company that will sell some of the common brands that you buy, excedrin, bene fiber which keeps you regular. Stocks were up, and more importantly this might be a signal of more to come in the industry. Remember, the drug industry is partially this stuff, the consumer good stuff, but its mostly the big blockbuster drugs that take years and often billions