Comfortably. Hawkish headlines on china and weak Economic Data both weighing on market sentiment. The dow is down 300 points yearly it was down 350 about 20 minutes ago. We have 59 minutes left in the session. Big show coming up four. A true 2020 winner, et ceteray stock is up 250 this year we will talk to the ceo Josh Silverman about the holiday crunch and whether his companys momentum can continue. And arthur blank, cofounder of home tee poe, owns the Atlanta Falcons and atlanta mls team as well lets focus first on the stories we are watching today. Mike santoli is tracking the Market Action into the close meg tirrell has a vaccine update and phil lebeau has an update on nikola, that stock down020 today. Mike santoli first to you and the markets. A mild shake of the tree. Indexes backing off. Some of the stuff that was up the most this month is down the most today seems like a little bit of trimming there are probably unbalanced portfolios there you have we are roughly capped we were
Joining us cat zakrzewski the Washington Post john hendel of politico and ilhan omar of axios. Mr. Dalewood would start with you what you think is going to be one of the major issues that the incoming byte Administration May face . Guest one thing that the byte Administration Early on is going to have to figure out what to do is they are inheriting a google transit from the doj and there is speculation about how politically motivated it may have been but never asked about the text of this thing. Its fairly narrow in fairly focused on issues that democrats have raised as well about the market power of google so they have to decide okay almost certainly they will continue to litigate this but do we want to expand this, do we want to try and look at some as state attorneys general who are also investigating google. It has the support of a group of bayji is that there are republicans and democrats looking at the stuff to sell how expansive do we want to go on antitrust . Host do you think
Offerings. Sta instacart delivers from sephora and best buy and ewinger eats. So will they be overwhelmed or perfectly positioned i think this is the big question everyone swondering as is wondee ecommerce take a big jump door dash had a face plant weechlt talk abo well talk about that i want to point out our own Melissa Repco on cnbc. Com has a great piece about exactly this brick mortar issue doorbesters not really happening this year. The retailers dont want you busting down the doors they want you staying at home and ordering and theyre putting incentives in that direction all right. Moving on for now. Astrazeneca, the latest pharma giant out with positive vaccine news maybe some of the vaccines will help to get to be door busters. After the citizen kashgs the Third Company to come out with the efficacy results these are a little more mixed when you compare them with the others lets take a look. The reason theyre mixed is because they had two different dosing regimens. One of them
The Incoming Biden Administration and some of the communication and tech issues that it may face. Post,g us, the washington politico, and axios. What do you think is going to be one of the major issues that the Incoming Biden Administration may face . One thing the Biden Administration early on will figure out what they have to do with is they are inheriting at least a google antitrust lawsuit from the doj. There is speculation about how politically motivated it may have been, but nevertheless the actual text of this thing is fairly narrow and fairly focused on issues that democrats have raised as well about the market power of google. They will have to decide, okay almost certainly they will continue to litigate this, but do we want to expand this . Do we want to try and rope in some state attorneys general who are also investigating google . The trump doj has the support of a group of ags, but they are all republicans. Democrats are looking at this stuff too. How expensive do we want
The major issues the Incoming Biden Administration may face . Guest one thing that the bike administration pretty early on is going to figure out is they are inheriting at the very least a google antitrust lawsuit from the doj. Speculation about how politically motivated that it y been but nevertheless, the actual textual thing, its fairly narrow and fairly focused on issues that democrats have raised as well about the market power of google. They will have to decide, okay, almost certainly they will continue to litigate this, but do we want to expand this . Do we want to try and rope in some state attorneys general who are also investigating google . The trump doj has the support of group of ags but they are all republicans do we know democrats are looking at the stuff, too. So how expensive do we want to go on at the trust . Host do you think it would be more expensive expansive tha Trump Administration . Guest thats the expectation. Over the last couple years its been rigorous inter