To see everybody the dow did get to 29942, that is an alltime intra day high. Fell back a bit off that, a better than 400point game for the dow, s p better than 1 , nasdaq a little shy of that and then the small caps all the way to the righthand side of your screen banks, travel and leisure stocks leading the way. Some of the stayathome stocks. Theres the possibility in the middle of december the Federal Reserve steps in and provides further stimulus to replace whats missing from fiscal policy makers i want investors to give consideration to who potentially would be the treasury secretary. And, lastly, what will incoming president elect bidens policy be towards the chinese i think the reintroduction of a favorable relationship is a positive one so there are many catalysts coming as it rates to the reopening of stocks, you could look at financials and energies, but the one sector that stands out to me as the opportunity is industrials it screams high in terms of return on equity, its go
Close at the open. The road map begins with that renewed vaccine optimism and detailing their own strong data. Plus as for the market, the u. S. Stocks poised for new records and the futures are and investor optimism about that vaccine and dow is within striking distance of 30,000. We have a lot of deals this morning. Pnc looking to become one of americas largest banks and set to buy spanish bank and 11. 6 billion the Purchase Price and other deals to tell you about this morning carl lets start with the moderna news excellent news for the second week in a row. Dr. Fauci on some of the networks earlier today saying the data are striking and the results are just as good as it gets i really think we have to go back just a couple months and recognize that even if we had any hope that there would be a successful vaccine maybe 70 , 80 . 50 to 60 for the flu is something we learned moderna Insider Selling was bad and turns out the Insider Selling was bad meaning they sold badly i do think wha
Measures on its own to stem the spread meantime the president elect forming his inner circle as President Trumps legal team hitting another brick wall and besting the bitcoin . You betcha the crypto asset outperforming them all its our rbi on this monday, november 23rd, this is worldwide exchange. Well, good monday morning, good afternoon or good evening and welcome from wherever in the world that you may be watching im Brian Sullivan good to have you on the program this morning its becoming a trend lately now, mondays, vaccine mondays now tending to show positive data in the fight against covid. And today is no exception. Look at that stock futures they are up, dow futures up 208 nasdaq futures up 50 the markets are getting a boost this morning on news from astrazeneca and Oxford University that broke just hours ago. The university saying its covid19 vaccine was found to be as much as 90 effective in preventing infections without serious side effects in a large Clinical Trial in the u
Welcome to our special 2020 election coverage. It is so nice to stay up altogether. I think the world is really riveted by what is happening with the vote counting in u. S. I am francine lacqua. Tom keene in new york. Interesting to look at market movement. The world is watching this razor thin election, just trying to understand why it is taking so long in certain counties, and of course trump to find out what happens in the senate race and what happens with the president. Tom its going to be extraordinary this friday and the uncertainty of where we are friday afternoon, where we are into the weekend. One thing that is very evident as we edged towards recounts, which will move us nicely from november and even into december. One telling statistic, the sum right now of the five states, forget about alaska, the five state disparity between these 3,919 votes out5 of 150 million that have been made. Francine we are talking about razor thin changes. The latest electoral vote count 64, the m
President obama. Biden administration going crazy with the orders that even the New York Times is telling joe to knock it off. It might come as a surprise to many americans. We heard him say this on the Campaign Trail. Speak ive got to get the votes. Ive got to get the votes. I have a strange notion. We are a democracy. Some of my republican friends and some of my democratic friends even occasionally safe if you cant get the votes by Executive Order, youre going to do something. Things you cant do by Executive Order unless youre a dictator. We are democracy. We need consensus. Maria really . What happened to the great compromise or, unifier . He used to be known for reaching across the island working with him about guns. Now hes just cutting them out the president told us today. Im about to sign two Executive Orders. To undo the damage trump has done. Maria undo donald trump. Now he was talking about todays actions on obamacare and abortion but we can read between the lines. This is th