Im becky quick along with yoe kernen and Andrew Ross Sorkin. As joe mentioned, we are seeing green arrows today reversing a lot of the losses that we saw yesterday. Yesterday the dow was down by 317, this morning it picked up 272 points in the futures so far. Also the s p up by about 32 after it was country down by 1 yesterday. And nasdaq up by 95 this morning after it was down about 76 points yesterday yesterday was the worst day of the month, but there are crazy good numbers dow up by 10 for the honesty to da month to date and nasdaq is up 7 for the month of november so far too. Also lets take a look at the treasury market. The ten year note is sitting right at 0. 896 . So back below 0. 9 , we had flirted with the idea of seeing it finally hit 1 , but it is not there yet. Andrew thanks, becky as joe mentioned, president elect joe biden has nowofficially won the state of arizona, nbc making that call late last night. He is the first democrat to win in arizona since president clinton b
Dont bet against progress thats the lesson for todays stock market where the gross name came roaring back the nasdaq surged 3. 85 . I know what you are thinking. It feels like the whole republic fringes. Well, excuse me. We are having one of the greatest rallies i have ever seen despite all the worries, the woes about the market tanking if Election Night was in indecisive indecisive like it or not, the people spoke. Whether biden or trump ends up on top, it looks like buy den right now. The democrats will have the house and the republicans will have the senate. At least two years of boring do nothing government even with the pandemic and the high unemployment and of course just kind of anger, americans seemed satisfy with the status q quo. They certainly dont want higher taxes. Something that would have been on the agenda if the socalled blue wave has washed in. Thats a big deal. I know based on the polling, i was worried what may happen to stock with a blue wave just stocks. I am sure
Ask yourselves now that nearly all the big tech outfits reported and a day the market rebounded from its lows. S p jumping 1. 19 and the nasdaq surging 1. 69 . All right. It didnt make back everything it lost, but like i said, nobody ever made any money panicking. If you panicked yesterday, always a better time there is a whole network of smart, rigorous Money Managers who believe apple, amazon have become ridiculously expectative. Downright danger to zone they dont welcome the possibility that these could be worth trillions of dollars im not kidding, every day same goes for their compadres netflix and microsoft. There are tons of stocks in this market way too expensive by any traditional valuation metrics. However, that does not include facebook, apple, amazon, maybe alphabet say nothing of microsoft only netflix is one that i think is a bit of an outlier this is 2020, not 2000 that being the dotcom boom with the exception of amazon and netflix, all of these big tech stocks are valued
Also i had on the program the u. S. Intelligence chief claims china russia are all trying to meddle in novembers president ial election going underground is the difficult choice facing us voters with a lot of medical lot of us are no. Good no were. Just mass incarceration system the modern world. Disaster. In germany. A Primary School after their daughter was punished by teachers for speaking her native turkish in the playground. Just approaching 2 minutes past 8 pm here in moscow this saturday august here my names you know welcome to our international can lets start with some developing news lebanese Prime Minister a. Call for an early election amid must rest following choose these deadly explosion live pictures right now from the lebanese capital he has also admitted that corruption was partially to blame for the tragedy and so you can see here massive street protests gripping central routes in the wake of choose these devastating explosion at least 154 people lost their lives in the
A look at the news might make you think but the data show many positive developments of Research Project in oxford anxious to make the move his appeal to the public at large. Blocks with university in england as one of the best in the world and one of the oldest. Its tranquil beauty contrasts with the intellectual dynamism of it scholars. Its a tradition to challenge tradition overturn received wisdom and extend the boundaries of knowledge. Meet Hannah Ritchie research focuses on Global Development and environmental sustainability part of her work is to cather and publish lots of data. Really the am excited understanding for the world as it is i think its by chance. Most of the developments weve seen in terms of human wellbeing have been positive hannah actually works at the Oxford Martin school a Research Unit founded in 2005 she and her colleagues work in Interdisciplinary Teams on ways to enhance the wellbeing of people across the planet and to find solutions to the worlds urgent ch