Gdp to be negative this the First Quarter of 2021. It is friday before a holiday week 59 minutes left in the session down a quarter of a percent on the s p 500. No gobbledy gook coming up for the next two hours here either. Coming up on this show, instead we are going to dive into the latest on the coronavirus and pfizers push to get emergency use authorization for its vaccine with the fda commissioner and pfizer board member dr. Scott gottlieb. Plus, new york city shutting st. Louis down the head of the Teachers Union in new york will be here to weigh in. Lets check on futures mike santoli tracking the margaret as always meg tirrell with the latest on pfizers vaccine and bertha comes has the latest on what President Trump just announced. Mike santoli, lets start with you. Not disturbed so far by the news last night about the treasury pulling the funds from the fed. If you look at the pattern here, it is about a flat week as well. Trading just below the highs we hit on monday. Before t
Good tuesday morning. Welcome to squawk alley. Im Carl Quintanilla with jon fortt and Julia Boorstin on this election day markets are continuing the rally we got on monday were close to session highs right now. Dow is up 665. Best day since june 5th for the dow and s p 500. Best breadth since april 8th nasdaq and s p 500 erased their october loss, jon, as were seeing things like yields go higher as well and the dollar weaken which is another sign that some of the imbedding on emerging markets going out of this election. Yeah, carl. Looking at tech overall and particularly big tech, its interesting the gap between microsoft and amazon lagging behind apple, thats narrowing a bit. Remember, you had apple above 2 trillion in market cap and around 1. 5 trillion now thats come down apple is below 2 trillion those two are still around 1. 5 alphabet lagging all of those year to date so what is surging today tesla is up 5. 5 sales force, cisco, micron, dell, if you look at enterprise space, tho
Down, along come the rebel populous traders to say not on our watch. How big does this get . Welcome. Im neil cavuto. This is your very well depending on the stocks, profitable world. Not so great for the conventional market which is taking it on the chin because namely washington will take its investigations to gamestop and a host of others and all of these others that have been jumping far and fast. Susan li on the end of week theatrics that i dont think are ending on this end of the week. Hey, neil. The gamestop readit frenzy has taken wall street to unchartered territory. We have never seen volumes like this before. Its making investors nervous. The dow jones breaking below 30,000 this afternoon for the dow and the s p finishing the first month of the year lower. While it was a major selloff, the gamestop rally was backed on and amc and express and cost. This after robinhood allowed their traders to trade again raising a billion in cash to ensure they have enough money to clear the
Covid cases skyrocketing across the country, increasing in at least 39 states. This morning, what we now know about the third person in the u. S. To be infected twice with the virus, and the new warnings as americans prepare for the holidays. Abc news exclusive. Chris christie joins us live, just released from the hospital after spending seven days battling covid19 in the icu. Why the former governor now says he was wrong for not wearing a mask at that white house superspreader event. Wildfire emergency. The critical danger exploding in the west as the Trump Administration denies californias request for disaster assistance. Ginger is tracking the latest on the red flag warnings this morning. Aloha again. Thousands of vacationers touching down in hawaii on the first day of the islands finally reopening to tourists, lifting restrictions. What this could mean for your Holiday Travel plans. And, oh, my. Dwyane wade caught with this look on his face. The surprise moment that made the nba le
Camapaign of harrassing him. Plus, the new study breaking this morning about covid and air travel as americans get ready to hit the skies this Holiday Season. Inferno. Wildfires ignite in the west. Overnight, the largest fire in colorados history exploding, and a new inferno threatening homes near los angeles. The new mandatory evacuations this morning. Ginger is tracking the very latest. Reallife iron man. How one hero is using his jet suit to save lives. Our correspondent suiting up and taking flight. And musics big night bringing us a higher love. Bring me a higher love Kelly Clarkson kicking off and hosting the Billboard Music awards. From Billie Eilish to bts dynamite performance. Like dynamite whoa demi lovato debuting her new song, and john legend with a powerful tribute to wife Chrissy Teigen. Plus, cher presenting the icon award to garth brooks who delivered a showstopping performance. I got friends in low places where the whiskey ive got friends in low places. Not you two. No