Of the United States. Its kind of our way, or the highway. Mississippi senator roger wicker on all of that very shortly, In The Meantime, to Mark Meredith on how this is all going down, fueled by not only the president stating that this is the only way to do it, republicans, at a jobs report which might have helped his argument. Mark . Reporter neil, good morning to you right that jobs report is having an impact on the discussions. President biden counting on house and Senate Democrats to pass his 1. 9 trillion Stimulus Package. Republicans want the president to reign in spending but the president made it clear yesterday that hes willing to do this on a Party Line Vote if necessary to fund a few priorit ies like the 1,400 round of stimulus checks that he wants to see go out, more money for Food Assistance programs, as well as extending those enhanced federal Unemployment Benefits. The president making it directly in a speech on friday. Others think that things are Getting Better and we
And the u. S. Adding two Key Chinese Companies to its defense black list o and everybody just chill, the ceo of warner media down playing news that sent Movie Theater stocks cratering yesterday it is friday, december 4, and this is worldwide exchange. Jolene, jolene, please dont take my man good afternoon, and welcome from wherever in the world that you may be watching. Happy friday, folks. We made it lets jump right into the markets and your money because friday futures where looking pretty good. Dow futures are up 113 points. Up once again for the week the nasdaq 100 higher by nearly 2 to kick off the month of december technology back in command and this could be the number of the day. 47 no, that is not the number of days that were in march this year, that is how many times the nasdaq 100 has hit a record high this year and well see if we can make it a steady 48. For the dow, boeing has been the star rising 6 again yesterday and accounting for pretty much all the dows gains. This af
Together in a big stimulus deal. Dont lose track on betting of georgia runoff elections, very important. Trump attorney Rudy Giuliani is in the hospital after testing positive for coronavirus but the fight against election cause continues. Well get the very latest from trump attorney jenna ellis. All that and so much more on making money. Charles well, before i get started, rather, i i want to gie a shoutout and thank you very much to my friend david asman who rocked the house last week when i was out. It seems like a quiet start to the week. Tell you folks there is fireworks underneath the surface a string of highprofile ipos will make their debut including doordash and airbnb later in the week of the question on everyones mind should they chase them out of the gate . No one has a way to play this. Other than the fool theory, if someone doesnt buy it, i will buy it. How do we go about this . Here to hash it out, new constructs ceo david treanor. David, price range of 56 to the 60. Thi
Electric vehicle stocks are scorching, oil stocks are gushing. To chase or not to chase, thats do question ill be the question ill be asking some of the best. We are waiting for the paddenning of the thanksgiving pardoning of the thanksgiving turkey or turkeys. All that and so much more on making money. Charles the broad market propelled out of the gate powered by continued excitement over that midday announcement yesterday that janet yellen will be heading the Treasury Department. Then theres also the transition of power at the white house and continued strong corporate earnings. Wall street professionals find themselves chasing a train long after its left the station. Remember, they were complaining about this or that. Blackrock, in fact, says its now overweight u. S. Stocks with 40 technology and Communication Services alone, only 11 in european stocks. While theyre not really the worst problems like buying stocks or holding during those violent selloffs, chasing bigtime rallies is
Welcome. What at a day and what a week. On this friday, the market got a little of what its been looking for, a partial trade deal. President trump met with chinas vice premier at the white house where the two sides announced the first phase of what they call a substantial trade deal. Investors were upbeat all day ll about something. Anything happening. And they got it. The Dow Jones Industrial average advanced 319 points to 26816 after rising more than500. The nasdaq was up 106 and the s p 500 rose 32. And all major indexes were higher for theeek on the hope that progress was being made in trade. Bob pisani has more on the markets response. The rally rolled on today with the dow having the best day since early june. All three major averaging snapping threeweek losing streaks. Investors cheered prospec of a china trade deal how much more steam does the rally have. The s p moved 40 1 from the oltd highs. Does the mini deal get the markets through christmas . General consensus among trad