Comes to the coronavirus adding more than 150,000 new cases on thursday alone President Trump is expected to give an update on operation warp speed in just about an hour. We will take it for you live 59 minutes left to go in what has been wilfred a wild week of trading of one that is higher. Higher for the week higher today as well up 1. 3 on the dow coming up on todays show we will speak with chicago mayor lorie light about her lockdown advisory and the potential economic fallout as cases surge in the state of illinois plus it has been a big welcome back for the bank stocks with the kbw bank stocks up 10 the ceo of kbw will join us to discuss whether there is more upside ahead for the sector. First the big stories. Mike santoli is tracking the market meg tirrells that latest on treelts and vaccines as we await an update from the president and Steve Liesman is looking at the impact of the coronavirus surgeon the economy. Mike, the market up 388, and the dow having been up 400. You lock
Falling back boeing is providing an advance for the dow inlyft customers cancelling orders this year in light of the pandemic. It is up 5 as we speak, 59 minutes left on this session coming up, kyle bass will be with us to talk about the Election Results and how president elect biden will navigate americas complicated relationship with china. Plus an interview you will not want to miss we will hear from carlos ghosn whose scrape from japan to lebanon Drew International attention. We will hear his side of the story,i his thoughts on what will happen to his former colleague and the men who helped him pull off his escape. Lets get straight to thesters we are watching mike santoli tracking the Market Action josh lip ton with the highlights from todays afternoon apple evenly joining us to talk about apple and the broader tech selloff is dan ives mike santoli tell bus the trend. Into value out of growth, into small out of large, and really out of defensive into cyclical thats been the team t
The session. High intraday high russell 2000 continues its high but it, too, has faded during the session. The russell flat, the other indices negative coming up in todays show, well ask allianz chief economic adviser Mohamed El Erian about todays highs plus, the president of shopify about the companys new partnership with alipay mike santoli, tracking the market action. Meg tirrell has more news on pfi zechlt rs vaccine data and phil lebeau, covering the boeing 747 max. Mike, start us off here. Weve been dealing with a couple of issues, the market being a little stretched on the upside after that strong rally month to date. Over bullish sentiment has had a hard time getting traction, but no damage done at this point on the year to date chart were slightly above that september high by half a percent nothing damaging really happening here i wanted to zoom into the last ten days of trading or basically really more like eight days of trading, back to last monday, week ago monday. Pfizer n
Of the vaccine and the test helping stock prices. Dow jones up about a hundred points at the open, seven for the s p and eight for the nasdaq more retailers reporting this morning and target looks good work samestore sales up 20 , another measure of the strength of Consumer Spending, just like walmart, target stock up 2 at the moment. Look at this, bitcoin crossed 18000 per coin and has backed off to 17855, about a thousand dollars or shy of its alltime high 19640. I was a skeptic, maybe its Something Else i should have bought that didnt like apple, tesla, amazon, zoom and so many more. We do have a jampacked show. New york Governor Cuomo says President Trump had nothing to do with the Rapid Development of the vaccines. You will see him say it. Boeing gets max judd approval and is now ungrounded. How about this for thanksgiving, noticing, no shouting, kp the music down so you dont have to raise your voice and my off the alcohol. New restrictions for thanksgiving is growing. Varney co.
Syria. It was among the worst crimes to take place in that conflict. Now human rights organizations are hoping that a court in germany will deliver justice for the victims. And argentinian football. Legend is laid to rest at a private ceremony in buenos ayres, tens of thousands of fans lined up to pay their final respects. Its obscene tinas president ial powers as well come to the program. We start here in germany, which has hit an unfortunate milestone in the coronavirus and make the country has again, recorded more than 22000. 00, new daily cases, pushing its total to beyond the 1000000 mark. Thats according to figures from the whole, but Call Institute for disease control. Germany largely contained the viruses spread during the 1st wave in the spring, but its been hit hard by the 2nd wave of infections. Earlier i spoke to a doctor over johnsons, hes the president of the German Association of Critical Care and emergency medicine. I asked him what the high numbers of covert cases mean