To work our way through. Let me start with the Michigan Consumer sentiment index. Headline number coming through at 76 point nine, broadly in line with expectations of 77. Current conditions at 87, i had of expectations. At 75. Tions youve got the difficult situation i think the consumer has got to figure out. Do i worry about the here and now and worry about the impact the virus is going to have over the next weeks and months, or do i think about what the vaccine is ultimately going to deliver . Like the markets, i think the consumer is probably having to balance those factors out. Kailey i want to point out housing data as well. The Housing Market has been particularly strong. That does continue. A pace of 909,000, versus the estimate of 975,000. We are getting october personal spending data, and for more on that as Bloomberg International economics and policy correspondent Michael Mckee to break it all down for us. Michael michael it is may the most important number of a lot of numb
Recordbreaking rally after we head into a long weekend while it has been a number to remember, the best month in 33 years, the recent leaders and laggards have been turned upside down chevron leading the way and apple up only 7 power lunch starts right now hi, everybody, im kelly evans. Stocks are pulling back after this huge november rally lets go to dominic chu. A huge november rally thats put the dow at least in some catchup territory as you can see in the 2020 over the last year plus, weve seen the dow industrials just up 6. 5 in that span the s p, meanwhile, is up 16 , nasdaq up 40 . That catchup play in play right now. Watching whats happening with the rotation element weve been talking so much about, as tyler mentioned, look at the way energy has played out just over the course of the last month 38 monthtodate gains for the energy etf financials up 19 . Industrials up 17 the value and economically sensitive sectors are the ones leading the way higher in the month of november. As
Moving our economy for 160 years. Bnsf, the engine that connects us. Supporting social entrepreneurs and their solutions to the worlds most pressing problems ollfoundation. Org. The lemelson foundation. Mp committed toving lives through invention, in the u. S. And developing countries. On the web at lemelson. Org. Supported by the john d. And catherine t. Macarthur foundation. Committed to buildine just, verdant and peaceful world. More information at macfound. Org and with the ongoing support of these institutions this program was made possible by the corporation for public broadcasting. And by contributions to your pbs station from viewers like you. Thank you. Woodruff the United States tonight is on the cusp of 250,000 dead from the coronavirus. The number is risi by an average of 1,100 every day, with roughly 160,000 new infections daily. And, president elect joe biden warned today that a potentialai vaccination ca is in jeopardy, because thTrump Administration wont start t transit
Country. Already getting crowded out there, including to chicago and los angeles. Always crowded in los angeles. Speaking of l. A. , the mayor Eric Garcetti is urging people not to travel or he will fine you. Also ahead, we have one Restaurant Owner who is openly defying his states mask mandate. No masks for customers, no masks for employees. Hes here in the 10 00 a. M. Hour to explain. But lets take a look at the futures, why dont we. One day after the dow surged past that 30,000 mark, just down a little bit in the premarket, as you can see on the dow and s p. The nasdaq up about. 25 . We will see where it goes today. Yes, weve got a big show lined up. Varney Company Begins right now. Ashley little bit of funk courtesy of sly and the family on this eve of thanksgiving, get you in the mood. We are also going to bring you this. Cdc director Robert Redfield on vaccine distribution. Roll it. The vaccine is going to begin to be rolled out probably by the end of the second week of december.
Tonight, we will get the majority of the results. At the white house, President Trump and Vice President pence are hosting 400 supporters. The president is expected to talk later tonight. At the chase center in wilmington, delaware, a party for the biden harris ticket. The former Vice President is at home with his wife jill. They have been joined by senator , harris and her husband. The che center is where they spoke at the conclusion of the Democratic National attention. Thank you for joining us. We will be here all night with and concessiony speeches and most importantly, your voices. We want to hear from you about this election cycle, about your experience voting. The issues that are important. Here is how you can participate in our program. 202 is our area code. 748 if you are supporting vice there is biden, another number. If you are supporting a thirdparty, did not vote, or neither candidate appealed to you and you did not vote for either one, here is the number for you to call.