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
Welcome to the program the coronavirus keeps pummeling europe. Italy and spain have tightened restrictions as new infections are surging across europe italian Prime Minister tzipi conte on sunday ordering all bars and restaurants to close by 6 pm for at least a month the government in spain has meanwhile imposed a curfew on bars and restaurants from 11 pm to 6 and lasting until may last weeks they became the 1st western european nation to surpass 1000000 confirmed cases. Lets get more now from our financial correspondent conrad boos in frankfurt conrad bad news coming out of italy bad news coming out of spain we have the german chancellor just yesterday giving her very grim outlook speaking of a very difficult winter ahead what a market is making of all of this. Well chris more and more economists on the markets are giving out all pissant mystic outlooks for example the chief economist of the o. E. C. D. The organization for Economic Cooperation and development says that this years slu
Investments and this additional investment in poland that the American Companies are making right now results from a very efficient policy that we are conducting together and which increases the sense of safety of our citizens in poland and also increases that sense of safety investments in our country. Thank you so much for that because that means the creation of new jobs in the state of the art branch of industry with i. T. Technologies. Were really pleased because in poland we have a large number of excellent young i. T. Experts and young i. T. Engineers and for sure were able to come to terms with these very serious challenges as far as intellectual capital is concerned im sure these investments will be beneficial for the United States, for u. S. Companies and also for poland through creating jobs, requiring new experiences by young people in the first place, by young engineers. Also glad, mr. President , because as we said before, the agreements that we entered into concerning inc
Warren and the 1 . Taking on the billionaires with a new add. And icahn out with a big target. Good morning, good afternoon good evening welcome from wherever in the world you may be watching. Im Brian Sullivan 23 degrees in the new york area. A lot to get to this morning we begin with breaking news. The latest growth figures hitting the tape moments ago how did that work out, lets go to willem. Weve got the eurozone q 3 employment numbers thats the flash estimate. The all important q 3 gdp number 1. 2 year on year. Relatively low level growth across those countries that is for the period july and september. Weve talked about the sluggish growth requiring governments to step up to the plate talking about whether they can take a coordinated approach. Some saying there are huge disagreements about how that can be achieved. Weve seen a need to get that growth higher than the 1. 2 annualized growth. We talked about slowing down to 2 or lower thank you. You can see the european markets. The
Official who joins me in just a moment says theres no need to hyperventilate. Put down the paper bag says jen psaki. Shes here with us. First, lets get to our reporters with what the president is expected to talk about tonight and how democrats and republicans will react. Joining us now, nbc news correspondent garrett haake, and chief White House Correspondent and political analyst, peter baker. Peter, bring us into the planning from the white houses perspective. What should we expect . I think youre going to hear the president talk about a few things. First of all, hes going to talk about his accomplishments. Hes going to try to remind the country of how things were when they were in the country when he took other the period, in the middle of the covid pandemic, lockdowns, social unrest in the streets. There was of course the January 6th Attack On Congress and the economy was in free fall. I think hes going to try to remind people how things have gotten better over the years, and take