Banks, airlines all up while faangs are taking a bit of a break. If you ask me whats the best Case Scenario for the market to the end of the year, i would say this whole narrative about how its like the top five stocks driving the market, i would like to see that come to an end and Everything Else play catch up and start to participate and that is literally what weve seen take place. We had a breadth thrust a week and a half ago where almost every stock broke back above its 200 day. We now have more s p 500 components that are up on the year than down on the year for the First Time Since march i think alphabet is the most recent performer but the faangs are not part of this the whole narrative out of the window that this is index fund money and only microsoft driving this is gone now you have a broadbased rally, not based on nonsense, companies have rising earnings expectations, almost every sector weve even got performance at companies that six months ago you could have made a case to
Now, 224 biden, 213 trump. Could be days prosecute we have final vote counts for key battleground states. Maybe were getting a little more clarity on that bottom of our screen right here, nbc news is projecting joe biden wins the state of maine. Want to get that news piece in there as we continue to watch for those votes. Even if biden ekes out a electoral vote, expectations could spell trouble for a democratic agenda, especially if the Vice President ultimately wins the white house for more on the balance of power in congress, lets bring in ylan mui. Good morning. Good morning. Right now its still a tossup for control of the senate. Both parties have a narrow but achievable path to victory Mitch Mcconnell says hes hoping to get more clarity on key races by the end of the day. I dont know whether im going to be the majority leader or minority leader ive been both majoritys better. But were awaiting the judge on the american people. Nbc rates the battle between gop senator thom tillis a
Category 2 but its still danger it slammed into a gulf coast as category 4 150 miles an hour winds. Well take you lye where the situation is still unfolding sports coming to a stop. Maybe temporarily. Players in nearly every proleague choosing not to play last night in protest of the shooting of jacob blake inwayway the Milwaukee Bucks began the protest. Bucks owner said i fully support what the team is doing and im going to do whatever i can to help them get their message out and try to bring about a change. It sountdds like the nba may be back on today. Everything is very fluid your Investment Committee is here today we got to do a quick recap of these record markets. Green, green, green, green the s p up as well the s p earlier hitting the milestone of sorts plowing above 3500 for the first time ever. The nasdaq, else what, every high is a new report high. Even the small caps performing with the gain on the dow, 247 points even the lowly laggard dow getting in on the action its now
The republican senate. We are living through one of the greatest failures of president ial leadership in our countries history. Did you hear that donald trump . You have created one of the greatest failures of president ial leadership. We are going to this last portion of the conversation because the senate is about to gamble back in after their weekly caucus meetings. Senators continue work on the 2021 Defense Authorization bill with votes scheduled later this afternoon for five Senate Coverage on cspan2 a senator madam president. The presiding officer the senator from wyoming. Mr. Enzi madam president , i rise today to discuss our federal finances and the need to address our unsustainable fiscal debt and deficit. The federal budget has already been on an unsustainable path before covid19 reached our shores and before the pandemic and our governments response to it, which has accelerated what i believed is a coming day of reckoning. I recognize the unprecedented crisis presented by th
Simply based on the long delays that the public has been observing with the work with public works. But we should have an update soon i would imagine. But, yeah, the timeframe i think that theyre reevaluating right now. Theres been many of our smaller projects, however, that were not allowed to proceed during shelterinplace and like neighborhood and traffic on main and the required work by actual work crews working together, they were deemed nonessential. Okay, thank you. Okay. Commissioner safai. Commissioner safai thank you, chair peskin and thank you mr. Tumlin. So i understand the fiscal outlook. Can you talk a little bit more about what some of your adjustments would be if and when and hopefully the cares act passes and theres additional moneys that come down to the transportation agencies, because i know that you have to present the situation based on the funding scenarios that we have. But i also know that the state and the federal government are going to do everything they can