Mccabe grilled on capitol hill yesterday over the russia hoax, defending the investigation. But admitting he would not have signed off on the fisa warrant to wiretap carter page again, the very latest coming up. Markets this morning are rallying. A triple digit move this morning with the dow industrials up 190 points, nasdaq up 120 of, s p 500 higher by 25. This after a mixed day on wall street yesterday where Technology Stocks took a hit and cyclical stocks found new life. We will get into it with the dow industrials up 262 yesterday, the nasdaq down 159 at the close and the s p 500 yesterday down about 5 points. Jobs in america, employers are seeing a growth in job openings that rival prepandemic levels. Where are the jobs . We investigate. Plus, insure your bird, Financial Coverage for the centerpiece of the big thanksgiving day meal making a buzz this morning. Mornings with maria is live right now. Maria lets check european markets this morning. We look at a gain there was well. Th
Trade after huge gains yesterday. Lets get your top headlines today. The grand reopening. Italy removes most restrictions on life after months of coronavirus lockdown. International visitors will not be subject to quarantine. European futures gain across the merkelespite a delay in s stimulus plan. Lufthansa commits to a deep Restructuring Plan after seeing a firstquarter net loss of more than 2 billion. Plus, thousands deny curfews in the United States but clashes with police are limited. The pentagon sent activeduty army units into d. C. , calling it a planning measure. Just under an hour away from the cash trading in europe. Any of those negative headlines dont look set to deter this rally. We are looking at big gains in futures. The futures up 1. 5 after germany future index put up a points more than 430 yesterday, powering about 12,000, looking set to open very risk on. Today you can see ftse futures up more than 1 . U. S. Futures are gaining as well. Dow jones futures are up more
Im hopeful we will very much try to learn as much as possible from that facility and from all the other ones. We have a lot to learn here. We will certainly be trying to do that. In terms of fiscal concerns, for many years, i have been before the fed, i have long time been an advocate for the need for the United States to return to a sustainable path from a fiscal perspective at the federal level. We have not been on such a path for some time which just means the debt is growing faster than the economy. This is not the time to act liz well, you know what, it was going along really, really well and it was making history. That was of course chairman Jerome Powell of the Federal Reserve. This is the very first time we have ever had i guess its considered a zoom Federal Reserve meeting and reporters, of course, were standing by. You saw the chiclet screen there. Here we are. We got it back. Lets dip right back in. But to let that get in the way of us winning this battle really. Edward lawr
Good tuesday morning. Welcome to squawk alley. Im Carl Quintanilla with Morgan Brennan and jon fortt live at post 9 of the New York Stock Exchange we begin with text stocks this morning and the continued rally in the sector, another record close, apple, facebook, and alphabet at alltime highs Jeff Richards joins us now along with james lee guys, good morning good morning. Good morning. Thanks for having us so james, im looking at tech stocks up more than 30 in just the last three months. A short list apple, tesla, amd, snap, spotify, zillow. You like facebook and byedo in this market, but how much can you like some of these names given how quickly they have run up yeah. Jon, that very good question we think valuation right now is still very attractive. Look at facebook coming to the year, a lot of investors are very concerned about regulations. I think as we get into the year, a lot of people getting more comfortable because some of the regulatory issues or policy that happened over th
China trade deal jobless claims fall. And real estate and staples are leading the charge joining us for the hour is stephanie link were both feeling the holiday red but we got a green market. Like a christmas theme were now starting to see internalsin the market thats confirming the stabilization look at the 210 spread, the yield curve is steepening. Nats a good sign asia stocks, they are breaking out. You look at oil up 10 in the past month all of these things are confirming were seeing stabilization and that sets us up for 2020 seeing better growth my biggest question mark does this translate into better earnings i think we will see better earnings which maybe not right away you have pmis globally that are stabilizing. I feel good going into 2020. It has to be an Earnings Growth year all three averages are up half a percent first lets focus on the big stories were watching Kayla Tausche has the latest on china trade and usmca. Then the senate spendling bill vote and Bertha Coombs has