Moo its biden versus trump trump stock, trump stock. Both of which are going in surprising directions. If you you thought the election is over, the president is trying to do an end run around the results and fighting tooth to nail today the dow lost 222 point [ screaming the s p 500 declined points at 8 . Nasdaq dipped 2. 2 hey. I know it didnt feel like it was so bad but if you were in the nasdaq except for a couple of names, wow. They crushed it. Why dont we start there with next weeks game olympian . On monday morning we are coming in and, sadly, im betting we pass the 200,000 mark. Thats right 200 thousa,000 thousand cases an the virus is hurting business. If not monday, tuesday, wednesday, a question of when, not if i know there is a sense that we have had a big vshaped recovery which is terrific. But our inability to stop the spread is putting a crimp on business orders and retail sales. Just yesterday, work day, reported a solid quarter we have the coceos on the show but they me
Latest kayla . Melissa, this effort by the white house to target social Media Companies for a perceived bias has been under way for nearly a year, but in the wake of twitters Fact Checking President Trumps own tweets, policy officials rushed the executive order out today. Heres what is in it which the president signed this afternoon. Agencies from the fcc to the ftc and many other agencies in between are directed to review liability shields that are provided to these content companies that protect them from lawsuits over what appears on their platforms. The department of justice are directed to organize state attorneys general to enforce the crackdown. The federal government is also going to be issuing a widespread review of taxpayer dollars that are going to these platforms in terms of the governments own ad spending and all of this is expected to happen over the next 30 days. These agencies are supposed to report back and these funding totals are supposed to be submitted to the offic
and we ll have a look at what s driving the action at the stock exchange, hitting record highs as tech heavy weights like ibm and apple are up boeing remains in focus, ticking low today as new ceo dave calhoun hosts a call with the 737 max. slight gains for the s&p and the dow. the nasdaq leads the charge up about half of one percent. the nasdaq is set for a record closing high, the other two just below those levels 59 minutes left of trade joining us for the first half of the joe, josh brown. good to see you. nice to see you, wilf. nasdaq leading the charge today and chip stocks, as we mentioned during the intro, are a part of that. and i would say like here we are three weeks into january, and if you were looking for a new narrative in 2020, that doesn t look like 2019, we haven t found it yet because every one of the major trends in the market that was in force last fall and into new year are still in force. and in some cases, actually going into overdrive let s ta
Welcome to squawk alley. Im Carl Quintanilla with john fortt, sara eisen of post 9 of the new york stock exchange. The s p, the nasdaq, the russell all hitting record highs the dow is very close to a record of its own. Were in a period of time here seasonally the markets tend to do well. Its been about two weeks since we saw not only intraday highs, but even backtoback gains on the dow and s p. Technology is in the lead with some familiar names dom pointed to paypal, chip makers, technology stocks. The best performing sector of the year continues to plow this market forward deals are also a big theme, and the question this morning is how many of them are going to get blocked. 200 billion worth of deal this is month, according to deal logic. That is actually a record high for the month, and a lot of it they paint in the backdrop of amazons, facebooks, and googles, john, just getting bigger and disrupting industries and leaving companies figuring out the next step. Meanwhile, this big re
Voters should say the highest priority issue is the income gap. Ask candidates what will you do about it and use your own common sense. Is that the right way to go . We need, as a country, not just from the top down, from across the grassroots, to focus on what we can do to reduce this opportunity gap. E. J. Dionne mr. President , i want you to reflect on this religious question. One of your forced salaries paid for by a group of catholic churches. Not a lot of catholic bishops noticed that. You were organizing or a group of southside churches. You know what faithbased groups can do. Talk about three things at the same time the religious community in calling attention to this problem. The issue as to how government can cooperate with these groups. And the prophetic role of these ideas for you where your own reflections on your own faith have led you. President obama first of all, it is true, my first job was funded through the campaign for human development, the social justice [applaus