It is 1 00 p. M. In new york, 6 00 p. M. In london. Im kailey leinz. Welcome to Bloomberg Markets. Here are the top stories we are following. Progress for a vaccine. Clearance requesting for its vaccine in the u. S. And europe today after a new analysis showed it to be highly effective in preventing covid19. We will have the latest. Talksk mentioned, opec have ended today without a deal. The conversation will be picked up tomorrow, but we will explore what it means for the cartel. General motors will not take an initial stake in the electric Vehicle Company nicola, which announced today it will go to one of its electric vehicles, a pickup to be called the badger. Lets get a quick check on the markets. We are on the last trading day of the best month for Global Equities since november, but we look set to end the month of november on a softer note. The s p 500 right now down 0. 6 . It was the fourth consecutive monday of positive vaccine data, but the good news not having the effect it d
Nasdaq. Now, here are the negative for stocks today. Dr. Fauci suggesting a lockdown christmas. Why . With all the traveling and celebrating we did over thanksgiving, its expected to produce a new round of infections that will in turn require a new round of restrictions. Well have more on this throughout the show. I get the impression were being treated like children, punished for celebrating our national holiday, but dont get me started. One more item. The biden team takes shape, very similar to the Obama Biden Team that left Washington Four years ago. Neera tanden could go to the budget office, Jared Bernstein expected to become a president ial adviser, he was Vice President bidens chief economist, and back to the future . Sure looks like it, doesnt it . On the show today, the priceline ceo offering deals to get people back to travel. The waffle house ceo, hes pounding the table, keep dining rooms open, hes pleading. And mrs. Fields cookies, their ceo somehow has to replace the reven
Dancers. She talks with us about her commitment to young performers and her lifetime of work celebrated in a new documentary. First, heres todays eye opener, your world in 90 seconds. Dont talk to me that way. You are just a lightweight. Im the president of the united states. Dont ever talk to the president that way. The First Time Since the election the president answered questions. He said it would be very hard for him to concede. I dont know what is going to happen. I know one thing. Joe biden did not get 80 million votes. Joe biden gave his thanksgiving address. He called on all americans to do their part and stay home. Its a personal sacrifice that each of our families can make and should make. Hardhit retailers are banking on black friday more than ever as coronavirus cases surge. These streets may be pretty empty on what is normally the busiest shopping day of the year. Ravens quarterback Lamar Jackson tested positive for covid19. Cardinals receiver Larry Fitzgerald also tested
The election conversation right now. Speaker pelosi calling the house back into session for urgent action, she says, on the matter. So urgent they are not coming back until later this week. Meanwhile, the market shrugging off any possible chaos from the election. The s p, in fact, could hit an alltime high today. Goldman sachs is raising its forecast on the s p to 3600 by years end. Its also a big week for retail as well. Several Big Companies reporting profits starting with walmart and home depot tomorrow. Lots to talk about. Im Ashley Webster. Yes, stuart is back tomorrow. Varney company is about to begin. Its been run horribly and were going to make it good. Now, what am i supposed to do, let it continue to run badly so if you fix it they say oh, hes tampering with the election. Were not tampering. This is a con game by pelosi and schumer. Look, the post office, theres 25 billion sitting there but they really want 1 trillion to bail out their badly run states. Ashley yeah, that was
Whats happening. Certainly on the virus front and this is a big nagging and ongoing worry of right now, as we look at states that are dealing with a big spike in cases particularly in florida were also looking around at how illinois, michigan and some of these other states are dealing with this and the debate about whether you could really make demands on someone to wear a mask, and a debate in georgia as well, well get into that and we are focusing as well not only on the markets but the feeling that seems to be generating among a lot of folks that unless we get a pickup in activity here and unless we see more things beginning to stabilize on the infection count, then things really probably will not change a whole heck of a lot. Matt fin n has been following this very closely in naperville, illinois when its coming down to wear a mask. Sir . Reporter neil, naperville just outside of chicago is moving forward with plans to hold classes in just a matter of weeks. Every morning parents a