With a new show on cnbc, highlighting Small Businesses and the people behind them across the country power lunch starts right now welcome to power lunch. Im john fortt take a look at whats driving the Market Health care stocks the biggest laggards while industrials and financials lead the way. Check out the bank names all higher tesla, the big winner. At the highs of the session, helping to turn the nasdaq almost positive, close to break even midday. Morgan stanley final upgrading the stock to a buy after a 500 gain this year lets get to bob pisani for more on these markets bob, you got me . Maybe not. Kelly, do you see what is happening with these markets i mean, were showing the sector snapshot here. Weve got s p retail is higher ahead of a Holiday Season we expect to be really strong for ecommerce and weve seen strong results this week from walmart and target yes, we do. By the way, i want to point out well, i want to point out that the dow turned negative only in the past hour or s
Nevertheless, there is a huge amount of false and misleading information strong winds, especially in the sloshing on line about what some south. Strong went combined with a high tide means they could be the people claim to be the risk which is chance of flooding. All the details com pletely people claim to be the risk which is completely unfounded. The potential throughout this mornings programme. Risks of taking the vaccine are its sunday the 15th of november. Unfounded. An agreement between our top story this morning is a call for social Media Companies facebook, twitter and google and to face tough financial and criminal penalties if they fail to clamp down others and government to take steps to work with Public Health on anti vaccine content. With a Coronavirus Vaccine authorities and also to sign up to a on the way, labour wants principle of not profiting from any the government to bring in emergency laws to deal with what they describe as dangerous online material. Misinformation
This court construed section 5000 day of the Affordable Care even reate a choice, either adjust or pay the tax. In 2017, congress did not change sub a or b, it just reduce the amount of the tax of tax to zero. This still protects presents a choice, buy insurance and do nothing. That does not harm anyone or violate the constitution. Respondents insist that the 20 17th amendment to tear down the entire aca that rests on two untenable arguments, first respondents contend that congress transformed it into a command when it zeroed out the tax. That is contrary to this construction of the same tax, it is at odds at how congress and the president understood the amendments, and it would attribute to congress and intends to do exactly what this court said would be unconstitutional. Seconds, second, respondents argued that if this is unconstitutional, every other provision must also fall. The starting part of any remedial analysis would be the presumption in favor of severability, and here the t
Im becky quick along with joe kerr de kernen and Andrew Ross Sorkin. After two days of optimism, the get out there again trade was on turned around a little bit yesterday. We did see people rushing back to the stayathome stocks as covid cases and momentization hs continue to climb. And some states are imposing restrictions and the nasdaq ended up 2 after being down monday and tuesday. Yesterday the dow ended flat, right now indicated down by about 115. Never made to the record, still waiting circumstanling around tt s p 500 down by 2. 5 and nasdaq indicated up another 51 points this morning these were the stay at home stocks, amazon up, apple up 3 , zoom which had gotten hammered, yesterday up by almost 10 took c docusign 5. 2 and netflix 2. 2 and treasury yields, yesterday it was closed for veterans day this morning it is open and you can see the ten year still around the very heightened levels, again, not historically, but based on what weve seen in recent history within range of 1 a
This court construed section 5000 day of the Affordable Care even reate a choice, either adjust or pay the tax. In 2017, congress did not change sub a or b, it just reduce the amount of the tax of tax to zero. This still protects presents a choice, buy insurance and do nothing. That does not harm anyone or violate the constitution. Respondents insist that the 20 17th amendment to tear down the entire aca that rests on two untenable arguments, first respondents contend that congress transformed it into a command when it zeroed out the tax. That is contrary to this construction of the same tax, it is at odds at how congress and the president understood the amendments, and it would attribute to congress and intends to do exactly what this court said would be unconstitutional. Seconds, second, respondents argued that if this is unconstitutional, every other provision must also fall. The starting part of any remedial analysis would be the presumption in favor of severability, and here the t