And welcome to power lunch. Im melissa lee. Check out this rally right now all 11 sectors are in gree green. Taking a look at some of the stocks were watching. Salesforce is under pressure for the second day in a row, down about 7 in the last week as it gets set to report earnings after the bell and reportedly to make a deal. And we have exclusive data on how the bitcoin boom is boosting this payment stock first lets get over to bob for more on todays rally. Hey, bob hello, melissa. Good start to a traditionally good month we got talk about a new stimulus plan, janet yellen on the air and, overall, 11 sectors all on the up side. Bank stocks leading the way but technical stocks also. No dig selloff in tech that was also a november play there. Theres energy you have your value play with banks, energy up you have your growth play with tech, cyclical with industrials up and even more defensive groups, Consumer Staples on the up side as well. This is what i mean when i say the goldie locks
And Republican Leaders flying in from michigan to meet president trump, who is seeking to overturn his election defeat. And paul reese in stock car boy swedens touch coronavirus strategy is coming under pressure amid a steep roys increases. Welcome to the program. We begin in east africa, where there are warnings, an escalating conflict, and unfolding humanitarian crisis will devastate ethiopia and sudan. The u. N. Is calling for an immediate cease fire and preparing for up to 200000 people to flee the military campaign in ethiopias northern t. Great region. If european Government Forces say theyve taken 2 major towns, axel and as they advance towards the to gray and capital, its been 2 weeks since Prime Minister and Nobel Peace Prize winner ordered the offensive accusing to grand leaders of trying to destabilize his government. Hundreds have been killed, although its difficult to confirm details. Since communications have been cut and more than 30000. 00, people have now fled into eas
Each artwork a different chapter print hope you can visit soon. Summa hello look at the southern festival of books. I am your host jared porter apply to join us today. Before we begin, on the behalf of humanities tennessee at think a direct of the southern festival of books. Metro National Arts commission, ingram content group, tennessee arts convention, and about university and Parnassus Book spray think of your support that makes this event possible. And speaking of support the festival is free part is a event and donations of individuals like you help make it possible every year. If you believe this event in sessions like this one, you can help it happen. Please give at hum tn. Org. Again that is hum tn. Org. A couple of vermonters before we begin. Parnassus books his official bookseller for the festival in purchasing through them keeps the festival freak and buy books today to the links of the top of the chats. You have an opportunity to ask questions later in the session is your t
Or highs just yesterday alone. Bit of a pullback today. As for the nasdaq, yeah, it closed above 12,000. There was a massive runup in tech stocks again, a pullback is to be expected, and take a look at that, thats what weve got. Got it. Next, vaccine news. Very positive. The centers for Disease Control is telling states to get ready for Vaccine Distribution on a large scale come november the 1st. Which vaccine . Dont know, but this is a firm date and, of course, its right before the election. And it is exactly two months to the election, and the two campaigns are in high gear. Joe biden has reversed himself. He will travel to kenosha today. He said he wouldnt go, now he is going to be the comforter in chief. What will he say to the burnedout Business Owners . President trump goes to pennsylvania. Hell speak at Arnold Palmer airport just east of pittsburgh. Ive got a feeling hell talk about fracking. Stay with us, please. Youve got to say what Speaker Pelosi is saying about her break th
Months here but nevertheless that news was a good excuse to start unloading tesla shares. Do not, do not feel bad for elon musk though. He is still comfortably worth in excess of 103 billion even with the falloff today. We are following a tale of two president ial candidates in wilmington. Not the same wilmington. President is heading to wilmington, North Carolina. The former Vice President , wilmington, delaware. Both expected to continue concentration in battleground states. At the same time reminding americans that each has the secret to make them feel better there is sentiment surveys out today that really confirm were bummed out as a country. Were getting to the bottom of that. Why are we bummed. Why are we dim on our own prospects here . Cuts across republicans, democrats, im buying this in pockets, even guys like new age are really morose. Im not morose. Depending if lunch is served. Go to Jackie Deangelis what she is following with the dow up 219 points. Where are we with all o