In Swing States. As a conservative, as someone who believes in and cares about the constitution, i have thought deeply about this. Because of the danger that Donald Trump poses, not only am i not voting for Donald Trump, but i will be voting for Kamala Harris. [ applause ] that was former Republican Congresswoman Liz Cheney of Wyoming One month ago, endorsing democratic nominee Kamala Harris for president. Today, cheney will appear with harris for the first time at a Campaign Event in battleground wisconsin. That comes following the release of a new report on Donald Trumps efforts to overturn the 2020 election. Well dig into why special Counsel Jack Smith says most of trumps actions On And around January 6th are not protected by the Supreme Courts immunity decision. Trump, meanwhile, made more comments about Migrants Yesterday, explaining hiS Plan to deport those in the u. S. With legal status. To deport legal migrants. Plus, a day after the Vice President ial debate, both Running Mate
The dow coming off its first close ever above 30,000. Still down 180 a lot of focus continues to be on the socalled cyclical trade, energy, banks, airlines all pacing for their best month ever rob, its good to see you again. I come to you first because your note to our producer today really piqued my interest. The last three weeks, you say, were transformational. How so i think going into this, scott, we did not have a prospect for a stimulus plan it pivoted focus to the virus and the virus count really, really increasing. Since then youve had three months of very, very positive news on the virus front. Youve had an election outcome that appears to be more and more benign with the actions of the with the actions of our president elect. Specifically nominating janet yellen it looks like it was an outcome that was squarely middle of the fairway that was not too far left, not too far right. Really goldilocks like from my perspective. Now youre at a place where when you look at major pivot
Good morning it is 8 00 a. M. At tesla headquarters in palo alto, california it its 11 00 a. M. On wall street squawk alley is live good Tuesday Morning im jon fortt with Carl Quintanilla back again it is a busy day on wall street with the dow hitting an all time high making another run at 30 k. That comes as president elect joe biden is reporting tapping former fed chair janet yellen to run the treasury department. Tesla is continuing the record run now topping half a trillion dollars in market cap. Making elon musk the worlds second richest person on paper and apple making another concession, carl on App Store Fees a lot going on yeah. We talked about that early moving being the small crack that starts to widen as for tesla, i mean, whether its some of the reports about a hatch back in europe or longer range vehicles or just enthusiasm over the ev space as we gheet into a Biden Administration on top of the gm news yesterday, jon. So there is a lot happening in the ev space and then m
Rotation this hour plus, there is still one over big overhang for stocks and that is covid cases spiking, cities shutting down. Well talk to one of los angeles biggers playest playert retail, dining on power lunch right now. Thank you, tyler. The markets are off to the races with the dow topping 30,000. This time its not big tech leading the way. Dom chu is looking at the rotation pro tellipelling us hi. Lets talk about the gold star right here. 30,117 is the intra day record so far that was the high of the day at the pandemic lows, intra day we were talking about 18,214 weve gone up roughly 65 since the pandemic lows we saw back in march. Something to keep an eye on when we talk about the dow industrials and. Talk about whats happening between growth and value take a look in just the last monthtodate period we have now seen a real outperformance in some of those value stocks just in the month of november. Well see if that trend continues with that orange line picking up steam with the
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