Approaching that 103 level. That would be a breach of a technical and psychological level. . 99, 2. 7 top the upside. After the biden victory, gold as well seeing three straight gains three Straight Days of gains. Joe biden preparing to take office as the 46th president of the United States. He is moving forward as president elect, launching his transition effort and readying a plan to tackle coronavirus. President trump is refusing to concede, weighing more legal challenges. The people of this nation have spoken. [applause] they have delivered a clear victory, commencing victory. A victory for we the people. I pledge to be a president who seeks not to divide, but unify. [applause] who does not the red states and blue states, only sees the United States. Our work begins with getting covid under control. Economy, repair the restore our vitality, or relish lifes most precious moments, hugging grandchildren, children, birthdays, weddings, graduations, all the moments that matter most to u
Harris slams the president s Pandemic Response in an eventempered debate with mike pence. Polls show joe biden widening his lead in battleground states. Push higher amid signs nancy pelosi is open to a relief bill. Help downigger fiscal the track. Coronavirus cases rise in europe. France reports a record daily number. President macron says more restrictions are coming. Boris johnson wrote warns of rising infections in london. 6 00 in the city of london where Annemarie Gordon is resident. What a different debate this was. This was salvos of policy. Where harris going after, did mr. Trump borrow his money from . Pence went after her on the energy front. Good morning. Annmarie good morning. I got up early to make sure i got the start of the debate. More policy, less chaos, coronavirus front and center. Both of these candidates were behind plexiglas. One thing that was very prevalent that they both dodged. , harris, whether she would expand the courts. Not ce, whether or what he would do i
To digest this weeks Economic Data here are three beneficials. Susan collins will speak soon and John Williams the president of the new york will give the keynote. We have had a flat day in stocks. Mass dog breaking into the red, down. 3 . The s p is still in the red. Two year yields are down. 03 and bitcoin going parabolic breaking above 62,000 less than 7000 from an alltime high and will talk more about that later. Midday movers on the equity side. We have used and bitcoin and marathon digital have seen gains. We are also looking at beyond meat sore after delivering a better than expected forecast. Ebay shares are up the most since november 2022 after a buyback plan. United health with the biggest declined by 4. 8 5 on the day. The u. S. Initiated an investigation into the largest u. S. Health insurer. When it comes to the fed, Mark Mccormick gave his to take when they have their first cut. We believe they will cut ma, growth is slowing but not catering. Sonali lets bring in policy e
Prompted widespread fears and borrowing has prompted collapse. Fears of and, information sought on accounts involved in the elections. We have struggled to hold onto the gains we saw earlier this morning. Today, the u. S. In the red. The only sector still up was technology, but barely. We had that rally, but tech lost ground based on some of the details on the tax reform bill. , want to pull up this chart 879. It shows you how investors have been anticipating the tax bill will be bearish for tech stocks. Shares underperforming since the end of november as more details that come out on tax reform. David it has become a real problem, especially in asia. We have been down for seven days. Four of those dames with the kleins of more than 1 . It has been a drag. Declines ofhose it more than 1 . It has been a drag. Lets look at markets in new zealand, kiwi dollar underwhelming. Gdp,straight come big day, rba Rate Decision not to do anything,. 1 . Yields lower, bonds up, aussie dollar unchange
Commodities were on their way up. Ime for the morning brief citibank will be releasing its earnings. Will get Empire Manufacturing numbers for january and this afternoon President Trumps dr. Is going to brief reporters on the president s First Physical exam. Its all coming up today. Time for your daybreak first take. Global equities are rallying. We are waiting for those citi earnings. And the race to get a deal done in washington. Alix thanks for being here. The one im looking at is the equity rally. Rsi index versus the major indices. The s p is the yellow. The purple is european stocks and the white is the global world all in major over but territory. Is this going to be a Global Growth story . Are you going to say the word synchronized . I think synchronized and kick the can are sure to come up. We can get even more signs that the word of the day is euphoria at bank of Americas Fund manager survey for january shows that cash levels among Fund Managers fell to a fiveyear low. Share