We are just 43 days away from the most wonderful time of year. We found out today that the rally will continue into next year setting a year end target of 4300. The question tonight, is santa claus really coming to town or will the grinch steal christmas, guy . With you folks with kids in the room, i will give you a fut secon few seconds to have them lead. I am in the grinch box that was a great tune that bobby helms sang all of the great things, the market is still expensive. In terms of market cap gdp north of 175 which is by any metric the far end of the curve i dont see it getting there i have been wrong before and probably will began. But the vix cant correct all of the things going into january of next year. I am in the grinch camp but bore l Boris Karloff did a good job. Technology finished the day strong we saw a comeback of the trade that looked like it was unwinding. Yeah, may the winter war lock, the heat miser, snow miser, hear it, santa is coming. Its opposite day today re
This is a fox business exclusive and we will ask him if electric vehicle drivers are also doing the diy. Ahead of the nfls first kickoff tomorrow night of the season, this long awaited season, theres a former disney executive who is about to show you his field of dreams plan for canton, ohio and the football hall of fame. Are you ready for the disneyland of football . Is nautilus stock the new peloton . And charlie breaks it on why jlo doesnt stand a chance at buying the mets. Lets start the claman countdown. Liz this is a fox Business Market alert. With the backdrop of a market rally, tiffany is bleeding red after french luxury powerhouse lvmh said it cannot go through with its 16 billion acquisition of the american jeweler because the deal is getting mired in trade disputes. Yes, between france, the european union, and the United States. Tiffany is tanking, down 6 . Its filed a lawsuit to enforce the deal. Lvmh for its part is up half a percent. We have to show you shares of slack, a
2020 season tonight right here on nbc weve got your preview early today starts right now good morning im Frances Rivera im phillip mena. Dangerous wildfires continue to flare up and force evacuations on the west coast. Officials confirming at least six deaths in the last 24 hours. A strong winds cause these infernos to spread across multiple states. Some of the images look like theyre from another planet. These photos were taken during the day in San Francisco the sunlight blocked by the smoke and embers more than 14 now firefighters are hard at work in california battling 28 massive fires that have already destroyed a record shattering 2. 5 million acres Washington State is facing de station. One town south of spokane was almost completely marked off the map. I remember sitting on my couch praying and crying for australia and praying and crying for paradise and yeah, you dont think its going to happen to you. What did you lose inside . Everything. Oregons governor is warning that this
Speaker pelosi says its absolutely absurdly unconstitutional. What will they do . Go to court to stop people getting the money . Right before an election . Good luck with that. The president s playing political hardball. 84 days to the election and again, the money will flow. Investors like it, by the way. Looking at the futures, the dow industrials will open this morning with a gain of about 100 points. The s ps going to be up about four. The nasdaq, up about 13 as we speak. The president s playing political hardball with china as well and beijing is responding. Jimmy li, a leader of hong kongs democracy movement, has been arrested under the new security law and china has imposed sanctions on u. S. Senators, including marco rubio and ted cruz. Now, that is escalation. Dramatic change may be coming to a mall near you. Amazons in talks with americas largest mall operator, Simon Properties simon group properties, to use some Department Stores as fulfillment centers. Amazon gets cheap spa
Visibility below a mile right now and thats what were seeing elsewhere right along the pretty foggy morning right out the coast, you may have noticed some coastal drizzles a lot of do on the streets this morning right along the pacific. So we make our way into the afternoon fog continues to burn off and lots of sunshine makes its return that will make for a really pleasant monday afternoon around the corner right now were still in the 50s 60s pretty mild start to the day but pretty familiar territory similar to where we have been starting our mornings and we are going to be much the same into the afternoon to a lot like we were this weekend with just a few 90s for inland cities, 70s, 80s and 60s elsewhere in the bay area. Daria. Thanks a lot john 71 and lets get to the top story, the fall semester for oakland is here the kids are starting school today virtually online yeah weve got the spending this last week distributing computers and wifi hot spots to students who need them. There ar