Will talk about later to get to senator alexanders remarks at the 10 30 scheduled time. Thank you, mister president. It is such an honor to be here and to join my colleagues in paying tribute to senator alexander, there are many that want to speak and have a few words to say. All of us wish we could do this to a background of music with lamar playing the piano. That would be the proper setting but i am so pleased to stand and honor the three terms of service in this body and the way he touched the lives of individuals in this body and millions of tennesseans. We know that he has talked about it in his remarks, he has worked with educators. He has worked with innovators. He has worked with the healthcare community, and works with entertainers, many of whom called tennessee home. When i was serving in the house and representing tennessees seventh Congressional District so many times i would look over here and i would say what is lamar not working on today because he always had such a bro
The markets matched in their explosive force by Online Retail. We are on the cusp of a recordbreaking cyber monday today but will any of the Online Retailers be able to break out of the amazon jungle . Top 200 amazon seller now turned tellall author is here to cut away the brush to reveal the wonders and the dangers of doing business on amazon. And as president elect joe biden begins locking up his economic and cabinet teams, one crucial position still remains unfilled. Who will nab the top spot at the Energy Department . Sun power Ceo Tom Werner about to let the sunshine in on that guessing game. First, a fox business alert. The dow is on pace to close out its best november since 1928 and you know what, the s p is even better. Trying to clock the best november in its history. But take a look right now, the small caps, the little guys, the russell 2000. Forget november, this is the best month ever for the russell, up 18. 8 . Sm energy, gannett, choice point, some of the biggest small c
Surging as the u. S. Rounds the corner on a vaccine. But how exactly will a vaccine work well speak to stanford medical dean, dr. Lloyd minor. Power lunch starts right now thank you, ty. Welcome to power lunch, everybody. Im kelly evans. Tech is the best performing sector today, up 2. 5 as it regains some ground it lost over the past several sessions. Take a look at big cap tech name apple, microsoft, amazon and facebook all higher today. You can see amazon and microsoft up about 3 . Flipside of the coin, Energy Stocks are lower the Energy Sector etf, exl up 14 . Taking a breather today. And despite all the volatility, the s p is up a whopping 9 to kick off november. Wow. Dom chu has more. We have talked about this rotation, whether its a great rotation, whether its a microrotation into some value type sectors like energy, industrials. We have some massive moves on some of the most beaten up stocks in the s p. This righthand side, this move higher than been led by many of those deeply
, will get underway. Guest she is the former governor of michigan. She was governor when the economic crisis hit the state, hit the u. S. Pretty badly, michigan in particular with the Auto Industry. She proved herself to be a champion of alternative green energy during that time and really pushed it in the Auto Industry as a way to get them out of tough times. And i think that she met then Vice President joe biden when he was pushing the Obama Administration stimulus act at that time, so they have known each other. She has personal and Work Experience there. Host who might object to her nomination . Guest i think she will be confirmed. There will be objections. Republicans have already made it clear that they have some objections to her, although i do not think they are insurmountable. The objections will be to the larger biden agenda on energy, as well as a former governor and as a speaker at the doc, she was outspoken on her criticism over republicans, so i am sure we will hear about
Targeted aid maybe, perhaps as much as 25 million for airlines we have details on that. Later, a democraticled house panel calling for a crackdown and breakup of the countrys biggest tech companies. The chair of the antitrust subcommittee will join us later this hour as power lunch starts right now tyler, thanks welcome to power lunch. Im kelly evans. Were digging through the fed minutes just released. In the meantime, take a look at whats leading the rally its consumer and consumer discretionaries. The house panel is going after big tech its a mixed bag but apple and amazon both up more than 2 . With markets rocketing back after the late day drop we saw yesterday, stimulus back on the table. Bob pisani has more on what were seeing here. In fact, were at the highs for the day. Were on light volume again. The volume tends to be lighter on up days than down days recently thats a sign the pain trade is to the downside. Sectors tends to be the cyclical names here banks, industrials, materi