To president elect biden Energy Continues a monster move higher the oil and gas etf up 13 in the last two days. Despite the steady increase in covid cases vaccine developments are continuing to help the likes of the airlines, cruise stocks, retail all surging higher today as we cross that 30,000 level once again, to check it we are still above it will we say that 59 minutes left to trade. 29 points above it. On todays show, two voices to help explain the dows record rise in just a few minutes Jeremy Siegel will join us and later Liz Ann Saunders plus former testry secretary jack lew will discuss president elect biden pick of janet yellen to lead his treasury administration. Lets get the latest from wall street mike santoli is tracking the action to led us to dow 30k. Certainly the story today because of that big round number i am going to keep it consistent, though, and take a fwlims at the s p 500. Similar look in every respect in terms of getting back up pretty much to an alltime hig
Have announced today will provide strong support for the economy. We are saying that roommates rates will remain accommodative until the economy as far along. Leaves stimulus untouched. No move expected either. Todays action could come from south africa as they battle we growth. President trump contradicts his health officials, saying a vaccine could come by october. Deutsche bank says new york city staff can stay at home until next year. 6 00 a. M. In london. Lets get you uptodate with the interpretation of fed speak. Good morning. I take you to ing. Its about the credibility andeen Forward Guidance state contingent Forward Guidance. We got both last night. That makes for more potent situations. Perhaps doubly irrelevant. Annmarie a note this morning saying theres no pleasing some people. What else could the fed have done . Maybe qe. Also talking about the fact, they were saying, monetary stimulus, its time to focus on policies for the real economy. In that moment, jay powell is right
The virus lots of social distancing not enough social responsibility tonights most of us hope for a vaccine some of us still refuse to wear a face mask im pretty goth in berlin this is the day. And the coffee mind them even as late then to do worlds for the genes for me no time to test strategy and regulations and meat clone team mills will apply soul to man winter we have in a packed sense literally turned into a corner is this is not again were facing a 2nd place doing nothing in the face all played back at space now its no up to i dont answer you can see that our actions character 3 has made or should get the virus and the control. Also coming up news of her death was not even 24 hours old when us President Trump and the most powerful u. S. Senator Mitch Mcconnell began plans to replace the death of Supreme Court Justice Ruth Bader ginsburg r b g and the birth of yet another american political showdown. And to Mitch Mcconnell we need to tell him that he is playing with fire we need
Of the United Nations in new york they appeal for unity in the face of global challenges and cite the Organization Needs to reform stay relevant. A math and how this could have it with us there will be no sanctions against villa verse European Union Foreign Ministers failed to agree on sanctions against bell a brazilian officials linked to president lukashenko thats because one member state cyprus vetoed the move you had identified officials implicated in violence against antigovernment protesters and electoral fraud in last months president ial election. The bella reason Opposition Leader svetlana chicken of skier was in brussels to ask for help she urged the European Union Foreign Ministers to be brave and we can bellary see him president Alexander Lukashenko by disrupting his funding. I ask you more to finance their dictator dictator regime and switchable rules programs from state to nonstate actors i also ask to consider to reconsider partnerships with state of the his ations cours
Europe is different than america. The 12 number is equivalent to number yesterday in the United States. It is showing tension in europe as well. Friday low on this is it absolutely extraordinary . Francine i feel like we have not had a quiet newsday on a friday in quite some time. E had quite a lot of earnings quite a lot of politics with the latest declarations by President Trump, and there is just quite a lot overall in geopolitics as well, so we will get through that in a second. Thats get to the first word news with ritika gupta. Ritika good morning, francine, tom, Senate Public is want to go on the record saying they tried to restore supplemental jobless benefits to millions of americans. Mitch mcconnell is trying to force a debate on a stopgap measure for those 600 a week checks. Democrats want the jobless but onlyextended, too, as part of a larger relief package. President trump is coming under pressure to Setting National strategy for the coronavirus. The white house has largel