Earnings which will include some hightech bellwether names later in the week. We have apple shares, they lost their opening pop despite top apple analysts saying first day iphone 12 preorders surpassed last years numbers for the iphone 11. That bodes well for the mini and pro max, who Iphone Models that have not taken preorders and ship four weeks from today a couple more big q4 products, the xbox series x and the Sony Playstation 5 will hit shelves verizon and at t this week morelikely with 5g comments Texas Instruments and intel all reporting. Mike santoli joins us now with more well get more of a Critical Mass of earnings hitting the tape the question is is the street going to be more impressed this week than last week in the opening rounds we had an 81 beat rate by the companies that reported last week yet the average stock move buzz down more than 1. 5 in the one day after those results. It suggests perhaps that a lot of investors would think a big beat rate was in the bag for thi
Month of september, strong Consumer Sentiment numbers to go along with them. And later, gilead pushing back after the World Health Organization says the drug remdesivir does not prevent death in coronavirus patients. Weve got the latest details as power lunch starts right now thank you, ty. The markets are marching back after a few down days. Dom chu has more on whats moving decent sized gains but off the high of the session. We are up 243 points with the dow at the highs of the session, up roughly 348 points. You can see there, yes, still strong gains but not nearly where we were earlier in the day. The s p has reclaimed that 3,500 mark, the nasdaq only up about one third of 1 . The leadership in terms of the s p 500 has been in one week industrials and technology, both up nearly about 1. 5 meanwhile, the biggest laggard off nearly 2 is the real estate sector some of the stocks to watch with regard to covid vaccines and everything else, pfizer shares, possible vaccine for emergency us
Over by 250 points and this morning you are seeing green arrows for the s p 500 and nasdaq, nasdaq right now up by about 122 points in the future market and that is pretty impressive you are now talking about four days in a row that you have seen gains for the major averages all are within 5 of their 52 week highs and in fact the transports set a new alltime high yesterday too. Right now the dow futures are indicated a little down by about 61 points. Were watching a lot of things that have been happening including news with Johnson Johnson, and earnings are coming out too. And if you want to take a look at the treasury market, right now you will see that the ten year seems to be sitting just around 0. 759 . So not far from where it has been yep, earnings are supposed to take the baton from stimulus hopes, which i dont know whether those are fleeting or not. But supposedly the earnings might be pretty good yesterday kind of weird all the stay at home new age tech stuff was strong as i t
Out of 5 segs laeout of 5 segs s out of 5 segs laessions last we. A lot of that potentially around the possibility of vaccines. Well talk to dr. Scott gottlieb about that pfizer already saying that its made several hundred thousand doses of its vaccine they could have 100 million ready by the end of the year if they receive approval. Lets look at whats been happening in the treasury market this morning as well last week you did see those treasury yields under some pressure this morning back a little higher yielding 0. 774 . Thanks, becky busy day ahead lets look at the squawk planner. A group of Oil Ministers are meeting today. Theyll be talking about the weakening demand and increased output by some members immediate action is expected on the economic front, fed chairman jay powell will be speaking at the International Monetary fund meeting at 8 00 eastern time then we have some earnings news. Ibm, the big name to watch its going to be reporting Quarterly Results after the bell of cou
And often em coarse and often embarrassing questions. They see the Supreme Court and, indeed, the entire federal judiciary as policymakers rather than neutral arbiters of the law. Judge barrett made the clash between the radical dems and republicans all the clearer. This is her view of the court and a role of judges to uphold the law as written. Judges cant just wake up one day and say i have an awe agenda, i like guns, i hate guns, i like abortion, i hate abortion, and walk in like a row yall queen and impose, you know, their will on the world. I interpret the constitution as a law that i interpret text as text, and i understand it to have the meaning that it had at the time people ratified it. So that meaning doesnt change over time, and its not up to me to update it or infuse my own policy views into it. Lou the dems today also exposing their ang sue few about joe biden anxiety i think about joe bidens chances next month against President Trump. So much so, senator Patrick Leahy ask