President. The man introducing biden tonight senator chris coons is live. President trump steering people away from goodyear tires after Company Tells employees say they cannot wear may gear that says make America Great again. Apple First Company to be worth 2 trillion. We take a look at run and how much further it can go with the stock split just around the corner. Markets this morning under pressure, take a look at future at start of trading, dow futures now down 111 points, nasdaq futures 22 and s p lower by 2 and a quarter. Markets retreated as well after warning plenty uncertainty due to coronavirus pandemic saying the government needs to provide Additional Support. Another night of violence in portland to report, police declaring a riot as government building is attacked once again. Coming up at 7 30 a. M. Eastern new york city former mayor giuliani is here to make the streets of americas big cities safe again. The impact of Joe Bidenkamala harris can have an justice in america.
This is. Semisurge, theyre leading us to new highs. Yeah, and its been pretty interesting, scott, because this has been a much broader rally than i think a lot of the folks have talked about over the last couple of weeks, and part of it is its the semiconductors, thats one of the areas everybody looks at the big 5 theyre not looking at some of these other names. When you look at the smh, and you see where its trading now and near all time highs, it gives you a little bit of a sense of how much activity there is there, and continues to be there. We have seen so much in the unusual options side of things its been incredible across just about every name that you can imagine. So it certainly does stand out to me that thats been performing, along with biotech to the upside, and both of those, oftentimes youre going to see most of those names in the nasdaq, and thats part of the reason youre seeing some of this outperformance from the nasdaq is this the week that growth took the market back,
Paid that change, these are the numbers everyone is watching for. Plus 7. 6 million. What analysts were looking for which was not. 3 2 million. Netflix is disappointing here with its change net subscribers. Caroline thats despite Stranger Things at the game of thrones. Off by 2 now. I think we will have to read through the entire statement before we get a direction. Were going to dive in momentarily but lets dive into the action with our reporters. I am looking at an interesting divergence on the day the s p 500 basically flat down slightly as you all were talking. Look at the Energy Sector down 1. 4 underperforming. Xle only 1 within the one is higher. Not entirely clear what is behind the divergence but it could present a buying opportunity in this year today chart where we have a reliable downgrade. Every time we go above the 50 day moving average, the excellent has productively moved up. Day,is goes above the 50 if that move does happen in the xle. Chipmaker stocks took a hit today
Rishaad japans recovery on track, growing for a fourth straight month, the best performance since 2008. Investmentaba the to in chinas largest hypermarket chain. Rishaad we started with the markets. 6647. S a technical chart it is showing a double top formation. Msci asiapacific index slipping from last monday to friday, halting a rally that had lifted 6 . The asian gauge risk of a p technical pattern, which means the path of least resistance would be to the downside after it hits it. Fatigue, ifse of nothing else, creeping into the markets. The u. S. Session, thanksgiving towards the end of the week, and in asia, a loss of momentum of the that continuation japanese recovery story taking place. This week is all about centralbank minutes, the ecb, rba, and the fed. Four for rate hikes in 2018 supported by the october minutes. David im looking at the wti screen to show you the nuts and bolts. Sophie the kleins for the despite25 and the topix trade data indicating the best performance now
Facebook. Com cspan. If you are a medicare recipient, we want to know your experience with the program and your thoughts on possible changes. We will begin with House Speaker paul ryan, who has during his legislative career eyed entitlement reform as a way to tackle the nations debt. [video clip] when you talk about entitlement reform, one of the things youre talking about is obamacare. And then welfare as well. We have a welfare system trapping people in poverty, and paying people not to work. Thinking about trying to do any reforms with Social Security or medicare . President trump has not seemed interested in those things. He has not shown as much interest. We are working on entitlements he is supportive of. You cannot use budget reconciliation for Social Security. It is exempt from those rules. It is the healthcare entitlements that are the big drivers of our debt. That is where the problem lies fiscally. Host the speaker of the house thinking medicare is the problem with our natio