With the clock running out on Donald Trumps presidency. He has is his order to reduce trips here nolan void . Many are calling it a Seismic Shift for film warner bros. Announces a Game Changing pla that has cinema owners down in the dumps and fans rejoicing. Im phil gayle. Welcome to the program. Venezuela holds parliament reelections on sunday, but the opposition is boycotting the vote. The opposition leader, juan guaido, claims the polls will be rigged to strengthen maduro plus grip on power. This follows years of turmoil that is seen venezuela become increasingly isolated and aspirate. Reporter an epic a line for gasoline in venezuela. Shortages, widespread hunger and broken down institutions made worse by international sanctions. Despite it all, Nicolas Maduro has clung to power. His nemesis and self proclaimed president , juan guaido, working from home. Already seven years old, hes made a career out of announcing maduros policies. Hes announced a referendum aimed at invalidating t
Im becky quick along with joe kerr de kernen and Andrew Ross Sorkin. After two days of optimism, the get out there again trade was on turned around a little bit yesterday. We did see people rushing back to the stayathome stocks as covid cases and momentization hs continue to climb. And some states are imposing restrictions and the nasdaq ended up 2 after being down monday and tuesday. Yesterday the dow ended flat, right now indicated down by about 115. Never made to the record, still waiting circumstanling around tt s p 500 down by 2. 5 and nasdaq indicated up another 51 points this morning these were the stay at home stocks, amazon up, apple up 3 , zoom which had gotten hammered, yesterday up by almost 10 took c docusign 5. 2 and netflix 2. 2 and treasury yields, yesterday it was closed for veterans day this morning it is open and you can see the ten year still around the very heightened levels, again, not historically, but based on what weve seen in recent history within range of 1 a
And as millions of americans continue to stay home amid the coronavirus, we run down some of the hottest holiday tech peoples of their, all as swarmed online sites. Speaking of staying home, what streaming companies are doing. First, lets get a check on u. S. Markets, where we have been talking about the rotation out of tech shares on corona vaccine news. Reversed courseon wednesday amid data showing a possible slowdown in economic growth. Ed ludlow joins me with my. What are you seeing . Ed im calling it the unwinding of the rotation trade, taylor. The s p 500 coming off this record high, dow coming up 30,000 points that we saw yesterday, and then the technology stocks, the nasdaq 100 index up. 6 . Data wise, this is the first backtoback rise in weekly u. S. Jobless claims since july. Investors are reassessing what is going on with the economic recovery as it relates to covid19. The story, as you say, has been a move into value and smallcap stocks, those kinds of companies that would
Closing early is not good. It is extraordinary. The difference versus what we have got here is absolutely extraordinary. Francine on the lockdown, it basically gives you a kind of a benchmark, code red, code rain, code yellow, to get a sense of what you code green, code yellow, to get a sense of what you need to do. They are trying to make it simple, but we are not even 24 hours until forest johnson made that announcement. Tom Jacob Sharfstein of Johns Hopkins, we talk to him two times a week, the lead quote today in the Washington Post be inoat it is real simple the Washington Post. It is real simple. Were just waiting for a vaccine. Leighann President Trump says he feels so powerful after recovering from coronavirus. He wants to walk into a crowd and kiss everybody. The president spoke at a rally in florida. His first stop since his return to the campaign trail. There was little social distancing at the event, although some spectators wore masks. Supreme Court Nominee amy coney onret
Strong gains and this morning you will see that there are green arrows once again, the dow indicated up by about 88, s p by about 9 1 2 and the nasdaq indicated up by 48 points if you watched what happened in the treasury markets, we did get a lot of fed speak and it sounds like there is a little bit of confusion. You can see the ten year note has ticked up a little bit, 0. 769 is the latest yield andrew and lets take a quick look at the dow transports, gaining another 2. 5 yesterday, also hitting a record high, the two as to beings to watch this morning, eli lilly and he regeneron both big winners on Covid Treatment hopes. And President Trump touting both of those in a video that he released over twitter late yesterday. Well tuck a lalk more about th. But also take a look at shares of tesla, new Street Research upgrading that Company Stock to a buy saying that to sees a decade of hyper growth ahead, this call makes the firm the second highest priced target on the street so in lead wit