At tray Glen Astrazeneca on the defense after critics say it failed to give an update on patient data on the vaccine trials. Futures after markets were closed for the thanksgiving holiday, they are in the green as you can see, dow jones 54 in the premarket. Weve got a lot to talk about today with wall street. Were going to have a half trading day today, markets closing at 1 00 p. M. Eastern time some good news to show you, nice gains there, the nasdaq is in record territory as the dow is looking to crack 30,000 once more today after the index crossed the milestone earlier in the week. Ruling on religious restrictions, the Supreme Court telling new York Governor Andrew Cuomo he cant put a capacity limit on houses of worship. Were on this story today. Plus, it is black friday, its going to look a little bit different. Retailers going with the shift to online sales as brick and Mortar Stores are rethinking foot traffic this year. Mornings with maria is live right now. Its a brandnew day.
The transition process starting to kick in. Tom not only the good news, but just as much as there was no bad news today, and that gives a lift to equities and other adjustments in the market. Jeffrey currie will join us from Goldman Sachs, which is wonderful. Futures up 27 and we will talk about the data in a moment, but yes, chair yellen front and center in this historic moment for our politics. Francine lets get to bloomberg first word news in new york city with ritika gupta. Ritika President Trump is finally calling on his agency to cooperate in the formal transition process with joe biden. That follows weeks of inaction. The General Services Administration Made its official made it official with its acknowledgment that biden was the winner of the election. Still, President Trump says he will contest the outcome of the vote. Formeren has turned to fed chair janet yellen to be his treasury secretary. She would become the first woman in the job if she is confirmed. She is likely to wi
Their take later on in the program coming up on biden Family Business. Futures looking for a rebound after yesterdays sharp selloff. Nasdaq up 121 and s p higher by 25. Stocks plummeted wednesday. Nasdaq down 426, 3 and 3 quarters percent and s p down 120 points, 3 and a half there as well. Coronavirus cases spooking investors. This morning we are awaiting thirdquarter fdp that may very well be market mover on the upside. Big tech grilled, contentious battle over allegations of tech censorship and bias as question get Quarterly Earnings today from apple, amazon, alphabet, facebook and twitter all after the bell tonight. Calling out china, my new book the cost all week long, exclusive audience from President Trump about the threat china poses and how to win against it. Mornings with maria coming up right now. I will be speaking with ice cube jackson, working with the Trump Campaign and the president s plan for black america. Dont miss it. Actor scott is big of big censorship. Maria euro
Obstacles facing oil and gas and why the lock downs are a big deal but may not change much longer term. It is friday, october 16, and this is Worldwide Exchange. If i have it right, i think that is the black key and the song is 10 00 a. M. But were playing it at 5 00 welcome from yfr wherever in th world you are watching stock futures right now are in the green but lets be carefully here, they are basically flat. Dow futures are up 9 points, so in the green, yes, nasdaq up 22, but got a long i way to go the big money question on this bring is whether today will mark a rare four day losing streak for the nasdaq were down previous three sessions, although amazingly were still higher on the week outside of stocks, the big winner this week has been bitcoin. Thats right, up 4. 5 . Climbed earlier back above 11,500 bitcoin has been the winning asset class coming into a friday lets go around the world and it is looking like a nice session in europe as well. Lets ghets t get the trade, geoff c
Markets finished near session high, momentum continues, yesterday renewed talks between top lawmakers sent dow 222 points. House Speaker Nancy Pelosi ruling out bailout for the Airline Industry. Mostly higher. The storm restrengthening overnight as it can become category 3 before making landfall in the gulf coast. The ballot debate. Biggest worry voters had this morning. And the winner of the 2020 nobel peace prized announce an hour ago, awarded to un president , donald trump was one of the nominees. Mornings with maria begins right now. European markets also higher, take a look, the cac quarante up 21. Dax index is lower, down a point. Mixed story in asia, best performer china after being closed for 3dayday. Top stories that we are watching this morning. President trump says hes feeling great and might return to the campaign trail as early as tomorrow. The president telling me he may hold a rally in florida if he gets the all clear from doctors, hes expected to take another covid test