Right moving westbound at the toll plaza. Theic b ibackup there and the er fire on the side of the road has been put out and now that there is a threecar crash in the same area barakilocking a cup lanes. Back over to you. Thank you very much, mike. We have been following breaking news all morning long because a deadly terror attack in france. This is a live look this morning. Heavily guarded and a lot of police out and remain on the street. This is because three people died when someone with a knife attacked people in a church. The victims we know include a woman and a man that were inside the church and a woman who ran from the church to seek help. But the attacker hunted down. We understand several other people were hurt. Authorities arrested the suspect after the attack. Took him to the hospital. Police are not searching, were told, for any other attackers. Now, this happened in nice, but in a separate attack, not believed to be linked, a Security Guard was stabbed at the french con
Another day of dragged on stimulus talks, john. Intel not a small factor in the trade. When i think of volatile tech stocks, i tend not to think about intel. Look that two year chart ups and downs. Its like an obstacle course, a tough mudder or something. Last quarter, it was about the supply side and intels manufacturing. This quarter the surprise was more around demand and the extent to which enterprise and government just isnt buying in the data center. Cloud picking up the slack that has an impact on margins. Of course, we have the pc stuff going on which is largely a tail wind they havent for a long time but theyre not buying them in the enterprise as we would expect people are not in the workplace. People are adjusting the way they work. That does have an impact on intel. A lot of balls in the air here this volatility predated, bob swan particularly on that manufacturing side but now hes got all of these other things to deal with as well investors looking for clarity around what
Authorization for Emergency Use. That means options when it comes to vaccinations. Thats good. At the same time, republican congresswoman Marjorie Taylor greene is holding her own News Conference one day after she was kicked off her Committee Assignments for supporting over years violent rhetoric, dangerous disinformation. We begin with the economic news. Christine romans, 49,000 or so new jobs. Yesterday we had nearly 800,000 new unemployment claims. Do the math for us there. Where does it stand in terms of all these lost jobs . Theres no historical precedent for this. You had 14. 8 Million People who told the government this month that they didnt have a job to go back to. The business they worked for was closed or was barely open but not allowed to give them hours. And a quarter of the people working say theyre working from home. The virus has completely changed what is usually a dynamic labor force. This 49,000 jobs created was mostly in professional business services, going back to
Out of 5 segs laeout of 5 segs s out of 5 segs laessions last we. A lot of that potentially around the possibility of vaccines. Well talk to dr. Scott gottlieb about that pfizer already saying that its made several hundred thousand doses of its vaccine they could have 100 million ready by the end of the year if they receive approval. Lets look at whats been happening in the treasury market this morning as well last week you did see those treasury yields under some pressure this morning back a little higher yielding 0. 774 . Thanks, becky busy day ahead lets look at the squawk planner. A group of Oil Ministers are meeting today. Theyll be talking about the weakening demand and increased output by some members immediate action is expected on the economic front, fed chairman jay powell will be speaking at the International Monetary fund meeting at 8 00 eastern time then we have some earnings news. Ibm, the big name to watch its going to be reporting Quarterly Results after the bell of cou
Blocked a story on hunter biden. The whole thing is insane. Joe biden is a corrupt politician. Ive been saying a long time. Everybody in washington knows it and the Mainstream Media doesnt want to cover it. Charles well get reaction from a New York Post editor coming up. Trump sounding off on the stimulus standoff. I would go higher. Go big or go home. I said it yesterday, go big or go home but nancy pelosi doesnt want to give anything. Charles Mitch Mcconnell also throwing coldwater on the idea. Arizona congressman andy biggs joins me at the bottom of the hour. All that and so much more on making money. Charles the market woke up on the wrong side of certainty today. I guess it is appropriate because today is national grouch day. The guessing game runs amok. There are a lot of influences on the action or inaction today. I think the better way to look at the market is not the news because none of it is really new or newsy per se but the question is, whats going to be the next catalyst