Youtube segment. The coronavirus remains front and center the u. S. Reporting more than 90,000 cases in a single day for the first time ever. 59 minutes to go in this session, the week, and the month. We are down 3 on the nasdaq today. Ahead on todays show we will speak well break down all of these moves and speak with dan niles and see if he is buying any of the tech nims names on the dip. Lets get first to the market. Mike santoli is tracking the action for us. What stands out . Just in the last hour or so, the s p 500 did go back down and test this level everybody has been watching. We have been pointing it out all week basically the september lows, 3,230 and change we did hit it on the nose. It was a little bit of a tag and then bounced off that. Thats what a test looks like. You dont pass every test. Keep that in mine. It is also the june highs. Also the break even level for the year so there are understandable reasons why people are clustered in this area and decide whether thats
Thats after another 595 fatalities were confirmed over the past 24 hours. Thats the countrys highest daily death toll. Since may, were very much hoping that 2 things will start to come to our aid. Number one, the mass testing the kind i just described, the rapid turnaround testing. Then the other thing is now the prospect, the realistic prospect of a vaccine say you have a kind of, as it were to boxing gloves, to the disease in that, in the weeks and months that followed. But ive got to stress that were not out of the woods yet. Well, corona virus restrictions are being reimposed in several states across the u. S. As infections that shatter more records there. According to the covert tracking project, more than 130000, new cases were confirmed on tuesday, and texas has become the 1st state to record more than a 1000000 cases. More people are hospitalized with the virus than ever before. At least 85 people are now confirmed to have died in the violence surrounding ivory coasts disputed
President biden, if he does become president , can be. Can he reach across the isle . Aisle he reach across the . He spoke and talked about the need to unite america at this moment. Oflor i think thats one the key points coming out of this election. Its clear that perhaps maybe by popular vote or electoral vote, there is a clear winner, but it is deeply divided, and there is not a clear mandate and we are seeing that in the house and senate, that there was not a sweep. There was a much less strong mandate that we saw coming in through the polls. Can we at least find something we can agree on in terms of stimulus and pass that . Theine lets bring into conversation our reporter who covers a lot of what is going on in washington with our Bloomberg Government product. This message we heard from the former Vice President , joe biden biden, a few minutes ago that basically, the government is not your enemy. The idea that he, if elected president , will represent all people. The idea that he
Good wednesday morning welcome to squawk alley. Im Caro Quintanilla with jon fortt. Deirdre is with us for the hour. Nasdaq is trying to come back after a couple of days of losses as we turn our attention once again to covid levels in the United States. Were going to start the hour, though, with alibaba, a big drop for the stock despite these new sales records on this singles day. Hi, eunice hey, carl live streamers in china are wrapping up whats been a very long day pitching to Chinese Consumers and it seems as though the efforts have paid off. For alibaba, the value of the orders that crossed the site have just come in at just shy of a 500 billion, about 75 billion u. S. Dollars these numbers cap an extended 11day campaign thats a little different this time around not the usual 24hour singles day shopping extravaganza. There were some interesting trends that we saw that were generally pandemic related, where consumers were looking to buy goods that they probably would be buying if th
Who went into restaurants and bars to to have joy in the last evening before the lockdown which will start at midnight so that i want to say people cant go home because the streets are closed and as the speaker of the the minister of interior affairs has said before there were even 6 places not only in the center where there were shootings and incidents and police and special forces even the military has been called in the town and now at the moment the action is still going on they are hunting for the attack is one they have caught he was shot as they say but there for sure several others who are still on the run the streets are empty now because police has asked people to stay in their homes or in the bars or restaurants where they were when the shooting started so its a very dangerous situation still there were several men who ran to through the streets and shot on people as i said in 6 different places so we still do not know what is behind that attack what kind of group it is poli