Rally has fed into crude. Propelled thates price. People look beyond the covid to a look beyond to a returned to normal. Gold pretty much stable appeared bitcoin at record highs. Up about two thirds of 1 . We have a u. S. Dollar index unchanged. Lets have a look at the copper price. Copper advancing. The highest price and a more than six years. It is under president elect joe bidens formal transition. The hope is there will be a move toward a Lower Carbon Energy future. That britain the outlook for its demand. As has what is going on in china up. Joining in all of that. Lets have a look at the transition in more detail as we get over to new york and join Karina Mitchell for the first word news. Introduced biden has his foreignpolicy and Security Experts as he seeks to calm relations with International Friends and foes. The president elect is promising a multilateral approach, reversing the America First tragedy of the Trump Administration. He will prioritize ending damaging executive o
One of the hottest stocks in the market, General Motors dives in and the ceo will join us in just a moment power lunch starts right now welcome to power lunch. Im dominic chu. One bright spot is the Housing Market you have restoration hardware, williams sonoma, theyre jumping and then you have trex, which makes decking and railingtype products for homes and two Retail Stocks hitting new highs, will brands a the a 52week high, target at an alltime high yet again today after its big blowout Earnings Report yesterday. And, kelly, you mentioned the electric vehicle trades tesla a the at a new high is up 20 in just this past week kelly. All right, dom. The dow sliding today and heading now for a down week. Lets go to bob pisani for the action the markets are still having a hard time to figure out on what to focus. Do you focus on the spring reopening in 2021 and Second Quarter or on the covid winter right now . Today a little more focus on the covid winter the good news is tech which has be
Policy speech. The city faces rising infection rates and a clamp from beijing. Joe biden names his Foreign Policy and Security Team as he with to calm Relations International friends and foes. He says america is back ready to lead. Haidi lets look at the set up at the start of trading. We are seeing some green shoots at the open, about. 4 higher. Global stocks as well as asian stocks continuing to be on a tear. We are watching keenly for developments in kiwi assets, given we had the rbc releasing its semiannual stability report. This is pushing the kiwi dollar higher. U. S. Ashed through . 70 yesterday and we are seeing expectations of negative rates dissipate even further. Unlovedtors rotate into areas, it may not mean the end of things that have been successful so far. John praveen is Portfolio Manager for qma. He joins us on the phone from new york. We are talking about what happens to big tech given the rotation trade gaining a more solid footing. Is it the behavioral changes, chan
And corruption also coming up. A Southern Region back into law as the covers 19 2nd wave gathers pace more than a 100000 people are affected restrictions on public life are tightening elsewhere too. Plus its touch and go in outer space a nasa Spacecraft Lands briefly on an asteroid where it snatches rock and dust samples of the details of this daring mission. Hello im terry to have you with us. They are launching an investigation into the shootings of several protesters at a demonstration against Police Brutality in the M C International says theres credible evidence that nigerias Security Forces were behind fatal shootings of demonstrators the violence erupted after thousands of protesters defied a 24 hour curfew imposed on tuesday after attacks on police stations. News team was in lagos a. The scene and got caught up in the shooting. Bullets cross live to lagos where our correspondent is standing by funny you and your team got caught up in the violence tell us what happened. At the b
A Southern Region back into walked as a covert 902nd wave gathers pace more than 100000 people are affected creature restrictions on public life are tightening elsewhere. Plus touch and go in outer space a nasa spacecraft lens briefly on an asteroid where it snatches rock and dust samples look at the details of this daring mission. And the pulse of covert 9000 test has sidelined by a winger says not really not the best news for the bundesliga saw it ahead of their Champions League Season Opener vs Athletico Madrid. Hello im terry martin good to have you with us nigerian Authorities Say they are launching the best. Into the shootings of several protesters at a demonstration against Police Brutality in lagos Mc International says theres credible evidence that nigerias Security Forces were behind fatal shootings of demonstrators the violence erupted after thousands of protesters defied a 24 hour curfew imposed on tuesday after attacks on police stations a news team was in lagos at the sce