Introducing the world of paint mixing. The Company Repays him by firing him. That employee joins us live today. All that and more on making money. Charles even though shares are slightly lower, my stock of the day is deere. Regular watchers of this show know i have talked about this company, i have great affection for it in the past and one of the reasons i love this company, it was born when a farmer saw a void and decided to fix it himself. That was 182 years ago. This morning, the stock reported earnings that was all about the american farmer, the Agricultural Equipment sales increased from last year, operating margins soared to 13. 9 from 9. 2 . Management credited a shift in sentiment, market access, government actions and prices, in addition to a mon centster government actions and prices, in addition to a mon centste be management gave strong guidance. If you are in the stock, hold it. I was also thrilled we did not allow our farmers to be destroyed by the Chinese Government in
Comes to the coronavirus adding more than 150,000 new cases on thursday alone President Trump is expected to give an update on operation warp speed in just about an hour. We will take it for you live 59 minutes left to go in what has been wilfred a wild week of trading of one that is higher. Higher for the week higher today as well up 1. 3 on the dow coming up on todays show we will speak with chicago mayor lorie light about her lockdown advisory and the potential economic fallout as cases surge in the state of illinois plus it has been a big welcome back for the bank stocks with the kbw bank stocks up 10 the ceo of kbw will join us to discuss whether there is more upside ahead for the sector. First the big stories. Mike santoli is tracking the market meg tirrells that latest on treelts and vaccines as we await an update from the president and Steve Liesman is looking at the impact of the coronavirus surgeon the economy. Mike, the market up 388, and the dow having been up 400. You lock
Report help to boost sent men this morning with the u. S. Economy adding 638,000 jobs in october. The Unemployment Rate fell to 6. 9 the coronavirus surge remains in focus, the u. S. Setting a record with more than 121,000 cases on thursday according to Johns Hopkins data 59 minutes left of the session in what has been a crazy week. Today though essentially flat, sara. Holding onto the gains i would argue, which are very strong so far this week. Ahead on todays show we will ask jeff sonnenfield how americas Corporate Leaders are thinking about the heated election race. Big news out of cvs as larry merlo announces hi retirement. We will also speak with the ceo of hershey asking about how cappy sales fell during this years unusual halloween season. Lets get to the final hour of trade, the markets and the election mike santoli tracking all the action for stocks. Frank has the vote count in pennsylvania ylan moi is covering the balance of power in the senate how georgias undetermined races
Upping its offer for an aid package to 1. 8 trillion, President Trump tweeting go big a positive development on the covid treatment. Gileads treatment helps infected people recover five days faster than average and tech stocks are outperforming as a massive deal is in the work the week capping it off with a bang. Absolutely. The russell 2000 is up 6. 4 for the week the dow is currently positive for the year as a whole, just. Lets get to the stimulus news in washington and the reaction to it. Bob basketball has a look inside the market rally ylan moi, and Dana Peterson from the Conference Board bob, lets start with you on this very nice end to a strong week. Good news and bad news, will. Good news is, s p is up about 3 on the month the bad news is i am seeing a little bit of an inversion of the stimulus play today. Thats concerning if you are a believer in stimulus remember the stimulus play, bicyclicals materials and banks and industry and energy and go light on technology. That was wo
I will ask Liz Harrington from from the rnc. The polls ask which candidate is better for the economy, perhaps the better question which candidate is better for your personal finance . I will break it down for you on making money. Charles the market began the session with a little gusto as investors were excited about the idea that President Trump could be returning to the white house while tell holding out Hopes Congress will push through a stimulus plan. The president also talked up the market with a series of tweets. Meanwhile the session is now exactly the opposite of friday where traditional safe havens were higher while technology was the worst performer. Even today technology not the biggest winner. Investors focused on value and material names. But there issues facing investors. Until major indices clear certain hurdles, these rallies could keep falling short. For me the key numbers on s p, 3400, on the nasdaq, 11,326. The dow barely above 28,000. How should investors cope forei