Make up your job. Made for mines. Joe biden introduces his economic team. The president elect says, help is on the way as he nominates janet yellen delete the u. S. Treasury. So what do the pics tell us about bidens approach . Also coming up, the e. U. Has a flashy new campaign for its cloud infrastructure. But can guy x. Live up to the hype in the tech world, dominated by the u. S. And china . And say good bye bye to breaks your next house could be coming out of a different places. Do you do your business and robots in berlin . Welcome to the program. U. S. President elect joe biden has set out the top team he hopes will help guide the u. S. Economy through the economic recovery, saying he chosen a tested and experienced group of advisors. Among them is janet yellen, who becomes the 1st woman to hold the post of treasury secretary accepting the nomination. The former Federal Reserve chair painted a gloomy picture of the pandemics effect on the u. S. Law. It was Small Business struggli
Lets check quickly on the markets. If you look at the markets, and a lot of them are looking at the concerning news or news brexit is going to weigh markets were hoping. The stocks european 600, down and the pound, looking to see if there is any swing on that. 1. 3243. Lets get to the first word news with leighann gerrans. A british official says brexit talks need to show progress by tonight if they are to continue. European unions chief negotiator is said to have denied any breakthrough on the issue of fishing license. Boris johnson is due to speak with the Commission President ursula von der leyen. Donald trump says his personal lawyer Rudy Giuliani has tested positive for coronavirus. The New York Times says the 76yearold was admitted to hospital yesterday. The president wished him well. Giulianis son tweeted his well. Is feeling the u. S. Is said to be ready to sanction more chinese officials over the role of the recent disqualification of hong kong legislators. Familiar,to people
Recent news make you antsy about playing alibaba. Professor khouw helps you. Its time to risk less and make more options action starts right now. Lets get right to it retail rescue taking aim this week at xrte outperforming the Broader Market by more than 5 as a number of names pulled out earnings beats but our chart master says it may be closing time for the retail space. Carter, what are you watching . We know that retailers typically report earning late in the cycle and we heard from almost all of them now and it has been quite good. So the question is, is it a bit too much lets look at a few charts and tables first, of course, the etf xrt is the spdr s p 500 retail what you can see here is 84 stocks and 3. 1 trillion youre talking about the biggest names in there with walmart in there and tiffany, costco, amazon, macys, urban outfitter, ebay, footlocker and it goes on and on. Look at a few tables first onemonth up 7. 25 versus the entire Consumer Discretionary sector up 1. 4. Look
Music to deafening all from the comfort of your living room. Find out why he thinks theres still time to ride peloton. Finally, dont let the recent news make you antsy about playing alibaba. Profess profess professor e choe helps you options actions starts right now. Lets get right to it Broader Market by more than 5 as a number of names pulled out earnings beats but our chart master says it may be closing time for the retail space. Carter, what are you watching . We know that retailers typically report learning late in the cycle and we heard from almost all of them now and it has been quite good. So the question is, is it a bit too much lets look at a few charts and tables first, of course, the etf xrt is the spdr retail what you can see here is 84 stocks and 3. 1 trillion youre talking about the biggest names in there with walmart if there and tiffany, costco, amazon, macys, urban outfitter, and it goes on and on. Look at a few tables first onemonth up 7. 25 look at the threemonth, n
Bloomberg technology. Lets take a look at the markets on the day. It was a risk on session, of course avenue do with the news out of madera that they have a vaccine that is 94. 5 effective on the volunteers. 500hat news, the s p finishing higher. Some nice gains out of the nasdaq. Moderna itself sharply higher. After the market, we did have news coming from brookshire and s. Her hathawaye berkshire added to their portfolio in terms of health care. Typically, health care a defensive space. With the virus, perhaps these additions have something to do with the virus. Stocks have been down sharply on the day after moderna news about the virus came out. Likingours, investors pfizer as well. All right, abigail doolittle, thank you so much for that round up. I want to get to airbnbs filing. The company disclosing details of its initial Public Offering plans for the first time, releasing Financial Results and previously confidential information on its operations. In ipo search that has largely