Selloff, but stocks will open lower this morning. Disappointing housing numbers really not helping, the dows looking for a loss of 370 points. Thats quite a drop right there. S p down 58, nasdaq down 288. A lot of red ink on the lefthand side of the screen. By the way, 860,000 jobless claims this week, thats the lowest number since march the 14th. All right, there is a mask and vaccine fought. President trump saws well have 100,000 next doses. That will be super fast. The cdc says, hold on, youll have to wait until the middle of next year, and joe biden says he doesnt trust trump, he trusts science. College sports, yeah, making a comeback. Ncaa basketball returns in november, big ten football in october. And sally, ouch. That storm has dumped more than a foot of run in some pluses and, get this, a storm named teddy is forming. Could go up the eastern seaboard. Big show, of course. Aoc wants even more implements for the social u. S. Es. Fomo, fear of mussing out missing out, have Retail
Good friday morning. Welcome to squawk alley. I am Carl Quintanilla with jon fortt at post nine of the new york stock exchange. Morgan brennan is in simi valley at the Reagan National library we start with jobs numbers, sending stocks surging, near session highs, up 303 on the dow, flirting with 1 gains in the session. Joining us to morning, mike santoli covering the up swing in the best of both worlds. The market was craving a good number, good news is good news no implications for the fed trying to restrain things. It is interesting, you look at the week, we did a v in psychology and the stock market, a week ago yesterday hit the alltime high, 3150 in the s p 500. We ran into ism numbers that challenged the rally u. S. Growth close to 2 . Weaver an overbought market, little shakeout. Now it seems like numbers since then restored that premise that things are Getting Better or never got that bad as we thought late summer. The question now, we return to the highs. Still have valuation r
manufacturing facility, making his first comments on donald trump s indictment. jon carl on trump adding the key addition to his legal .s presid ever been criminally charged. 9d 5 million americans on alert. a major storm system bringing tornados, damaging winds across several states in the coming hours. in the north, major snow. the national weather service warning this is a level four out of five threat for strong tornados. ginger lee is in the storm zone. the alarming reveal after the school shooting in nashville. what authorities have revealed about the shooter, how many shots and what the shooter studied. overseas and in russia, the explosion, the blast that killed a pro war, pro putin blogger. new images from inside that cafe the moment the blogger was handed a statue of himself that then detonated. here in the u.s., the case that returned to the spotlight with so much attention paid to the murdaugh family and that community. the death of student stephen smith. tonight
quote, in the interest of transparency, unquote. team s trump interest in transparency doesn t extend to testifying. lindsey graham is trying to dodge a subpoena to appear before the fulton county special grand jury. a federal judge today refusing to put on hold her own ruling that the senator must appear. he filed an emergency request with the u.s. court of appeals for the 11th circuit asking them to put the subpoena on hold. talk about transparency. a federal appeals court ruling today that the doj has got to make public that internal legal memo that was commissioned by then ag william barr back in 2019. remember the one that he had to analyze whether he should charge then president trump with obstruction of justice related to the russia investigation? the court finding barr never considered charging trump, saying in the ruling the memo barr ordered was an academic exercise and a thought experiment. back to the mar-a-lago search here. the biden white house has kept near tot
pottinger and former deputy press secretary sarah matthews t. two were inside the white house on january 6th 20, 21, were among the most high-profile officials to resign in protest in the aftermath of that attack. the new york times is reporting this about their role. mr. pottinger and ms. matthews are expected to help narrate what was unfolding in the west wing during those 187 minutes in a hearing that the committee sees as a capstone to a series of public sessions in which it laid out in detail trump s efforts to remain in office despite his defeat and how they led to the storming of the capitol. ms. matthews is expected to, among other things, speak to the efforts to get mr. trump to issue a statement. people familiar with the planning said by having them testify, the committee is sticking to what is now a tried and true practice of having trump insiders tell us the story of january 6th and explain the ex-president s push to overturn the 2020 election. with help from al