Close at the open. The road map begins with that renewed vaccine optimism and detailing their own strong data. Plus as for the market, the u. S. Stocks poised for new records and the futures are and investor optimism about that vaccine and dow is within striking distance of 30,000. We have a lot of deals this morning. Pnc looking to become one of americas largest banks and set to buy spanish bank and 11. 6 billion the Purchase Price and other deals to tell you about this morning carl lets start with the moderna news excellent news for the second week in a row. Dr. Fauci on some of the networks earlier today saying the data are striking and the results are just as good as it gets i really think we have to go back just a couple months and recognize that even if we had any hope that there would be a successful vaccine maybe 70 , 80 . 50 to 60 for the flu is something we learned moderna Insider Selling was bad and turns out the Insider Selling was bad meaning they sold badly i do think wha
We were down 5 from the peak on spx. Where we are is about where we were on valentines day. Of course, you do remember valentines day. That was prepandemic. All we have really done is pulled back to the prepandemic. Weve got to put some perspective on this as we saw the dow down 800, 900 yesterday. Jonathan im not sure why i am the target of room bring valentines day of remembering valentines day. Its you im worried about. Tom that would be true. Jonathan because you often dont remember it. Tom that would be true. Rosesgh i do remember a scenario with jon years ago. Lisa you are trying to bring me into this . [laughter] for those in engineering and history, this is a hugely emotional deal. The difference from san jose to santa clara, it is like four, maybe five miles. But xilinx is one of the storied names coming out of fairchild years and years ago. To see this merger today, 35 billion large, it really says something about the combination of all of the history in the bay area. Jonatha
The country without Serious Health consequence where does the confidence come from i mean, havent lets see, we adopted universal testing yet . I dont think so we dont have contact tracing. We dont have enough gloves and mask to keep everybody protected. Lucky me yet the markets have an incredibly strong month. Even with todays mild dip, dow slipping 32 points, s p edging 5. 2 , nasdaq climbed 1. 4 , they crushed fang put it out there are we whistling past the graveyard here not so fast. Theres a ton of confidence in the safety net, the one that covers Large Companies even it as it fails to protect a lot of Small Businesses and doesnt do nearly enough for individuals. Remember we dont trade hair salons here. Theres no ticker for diner, no barber shop, gyms, no. We trade Big Companies companies that have more access to funding than i have ever seen in my life courtesy of the Federal Reserve and the Treasury Department who know that the stakes are high. But you also got a lot of hope driv
Tenyear yield falls below 10 and the Services Sector growing, accelerating with private payrolls beating expectations as well huge lineup of guests for you, starting with our closer, the ceo of camp bell soup, mark clouse that stock is up today and scott black, where hes putting his money in the mix of this volatility. And as we get another global Interest Rate cut today, this time from canada, we will be joined by former fed vice chair donald kohn. Joining us for the first full hour, final hour of trade is josh brown, ceo of ritholtz Wealth Management. Your take on the rally and how sustainable it is . Well, its a rally in the context of a market thats moved more than 2 in either direction in five of the last seven days, which has happened before, but its fairly rare and i think when you look at health care being up big today, yes, you can do a direct you can point directly to super tuesday and the nominee looking more like its going to be biden, which i guess is nice so now we have a
To make a repeal bill. So in our first hour to you, we want a sense from you of what congress should do with the Affordable Care act. If you say a repeal bill should be passed, 202 7488000. If you hold onto to the idea of repealing and replacing it with a Senate Version . 202 7488001. And if you are one who says fix the portions of the aca that are. Roblematic, 202 7488002 if you want, you can post your thoughts on twitter at http twitter. Com cspanwj. Specifically, what this will do about health care. Stephanie armour writes, some congressional lawmakers say a closure of the legislation would give them a chance to return to ofir goal of her for repealing the Affordable Care act, and putting it off until later of what it decision would mean to put in place. Others are considering the possibility of legislation to shore up the laws marketplaces for an individual by Health Coverage action. He made statements to that last week, Mitch Mcconnell did. That something would have to be done to