Im becky quick along with yoe kernen and Andrew Ross Sorkin. As joe mentioned, we are seeing green arrows today reversing a lot of the losses that we saw yesterday. Yesterday the dow was down by 317, this morning it picked up 272 points in the futures so far. Also the s p up by about 32 after it was country down by 1 yesterday. And nasdaq up by 95 this morning after it was down about 76 points yesterday yesterday was the worst day of the month, but there are crazy good numbers dow up by 10 for the honesty to da month to date and nasdaq is up 7 for the month of november so far too. Also lets take a look at the treasury market. The ten year note is sitting right at 0. 896 . So back below 0. 9 , we had flirted with the idea of seeing it finally hit 1 , but it is not there yet. Andrew thanks, becky as joe mentioned, president elect joe biden has nowofficially won the state of arizona, nbc making that call late last night. He is the first democrat to win in arizona since president clinton b
Save the lives of one of your childrens teachers, maybe it saves your life. Please, i implore you, wear a mask. Do it for yourself. Do it for your neighbor. A mask is not a political statement. It is a good way to start pulling the country together. I want to be very clear. The goal of mask wearing is not to make your life less comfortable. It is to take or take something away from you. It is to give Something Back to all of us. A normal life. The goal is to get back to normal as fast as possible. Masks are critical in doing that. It will not be forever. That is how we will get our nation back, back up to speed economically. We can go back to celebrating birthdays and holidays, so we can attend sporting events, so we can back to the live and connections we shared before the pandemic. It does not matter who you voted for. We are americans in our country is under threat. We are now called to do the same thing generations of proud americans have done when faced with crisis throughout our
Million. And beyond meat, those shares are down sharply amid slowing sales, while mcdonalds launches a new plantbased product line carl well get to that later, guys first, jim, a lot to unpack with the covid cases, pfizer news, lilly news today, azar on squawk saying the timeline for a vaccine delivery is getting pretty specific now. Right look, were back in that same world and i listened to the fund manager speak on squawk, got to buy value and sell growth where were they yesterday whenle have you went from being okay to being overvalued in about a threehour session i find that when i look at some of the stocks that i like in the industrials, they have gone so far that i think now everything has to happen right and these arent going to happen righting. They are hostage to earnings Cloud Computing stocks, they have a lot of room to go down because theyre so high. When you look at faang, for instance, does it make it so alphabet is worth less the principle method of how alphabet makes i
House democrats accuse apple, google, facebook and amazon of abusing their market power and that Congress Needs to rein them in. Eli lilly asking the fda to authorize emergency use for its experimental covid19 antibody cocktail those shares are rallying ahead of the open. Jim, markets trying to do a bit of a reset now as goldman weighs in this morning and says airline stimulus likely, further ppp probably not likely. What are we . Well, i mean, i think that the market went down after what the president said the president was talking about market hitting new highs and the only person that was sending them down was him. I think he does react. I think it is probably, youre not going to get that, say, listen, the dow was down, there is really in other reason. He completely dismissed Speaker Pelosi i dont know what he did with what secretary mnuchin was speaking about, whether there were phone call going on and they were irrelevant obviously he addressed the fact that the senate was interes
Lauren simonetti watching the market action. Blake burman on the white house beat. Hillary vaughn on the scene of the big debate, the vicepresident ial debate in salt lake city. Well get to all three of you. Blake, with a lot to cover. The first things first. The president in the oval office right now . Reporter he is indeed, connell. I was talking to a white house official probably about 20, 30 minutes ago who told me the president is indeed in the oval office. I was told according to the white house official the president was being briefed on two matters. One, the monster hurricane out in the gulf right now that could potentially make land shore friday, texas, louisiana, mississippi, hurricane delta the president is briefed on the latest on the relief talks seemingly over at this point. The president wants stand alone bills. Well get to that in a second. We also got a Health Update on the president today as he is now back in the oval earlier today from his doctor, who said the follow