Have been on fire and what exactly are the pricing in . Hopes of a vaccine, hopes of stimulus . How can that fed wire without some sort of his fiscal lifeline . The day was so bad it looked good because as many events started to set in that we see Congress Actually pushed through some sort of deal, so many angles to digest today, but what is clear is this rotation trade is on the front and center. Joe absolutely, everything is flying but was what has really been flying are these deep cyclical commodity linked equities that have been dormant for most of the year and they continue to have really strong weeks. Stocks, youenergy look at the end of november basically right ever since we got the vaccine news they have been shooting straight up and have had another strong week. If you look over all still down 31 on the year. Thatne a lot of those have been left for dead a few months ago are rallying hard on this day. Diamondback finished a day up about 13 , apache, you get the picture. There
Of the covid tunnel. Two down, two to come, Johnson Johnson and astrazeneca. Thats the main reason for the big monday morning rally with the dow jones up about 450 points. Tao, 30000. If we gain 500 points the dow jones is at 30k, again in a one half percent. Smaller game for the s p and nasdaq slightly lower. That is the market. Love the rally. Hate this of violence. Trump supporters attacked in washington dc last night with tens of thousands rallying peacefully, but after nightfall violence. A limited Police Presence and virtually no mention about this in the Mainstream Media and so far no statement from the biden harris camp. Bernie sanders now says he has not met anyone who wants to defund the police. Has he talked to aoc . Editorial, the company ministration deserves credit for the Rapid Development of the vaccines. Republican states like florida deserve credit for opening their economies to get the country moving forward and democrat governors in new york and california and elsew
Narrow their differences. Forecasters dont see a deal before the november 3 election. Well be speaking to the speaker of the house today. Ireland imposes some of the most draconian restrictions in europe. In the United States cases are soaring in battleground states. We are just two weeks ahead of the election. Very warm welcome to you. We just had numbers out from u. B. S. About 15 minutes ago. Manus cranny is interviewing ergio armanti. Manus will be back me with a preview. The interview will be airing on Bloomberg Television at 7 00 a. M. London time, 8 00 a. M. If youre across the continent. U. B. S. Income beat estimates. Were underway with the earnings season. U. B. S. Kicking off with the major banks. I want to show you the close yesterday in the Banking Sector in europe. They close up more than 6. We is that you read of course into u. B. S. The stoxx 600 bank closed spoup 9 . A strong start in europe for the financials. Lets take a look at what were pricing in this morning when
Later, a Bed Bath Beyond stock handing in one of its best days ever one of our traders says it could be headed even higher from here. We start with a developing story out of washington. The next round of coronavirus aid apparently hanging in the balance. Lets get right to it with ylan mui. Reporter the house has begun debate on democrats 2. 2 trillion relief package with a vote expected later on this evening. Five Straight Days of negotiations between the treasury secretary and the speaker of the house nancy pelosi have failed so far to produce a compromise the white house has propose aes 1. 6 trillion bill but those numbers are still far below what democrats are willing to accept. Pelosi also pointed to business and child tax credits as another major Sticking Point in a statement her office said that the two sides discussed further clarifications but distance on key areas remains. Chuck schumer put it even more bluntly. He said, they are not in agreement yet and there are lots of area
Another one coming in half an hour from now. Lets go through the techs because they are obviously doing well. Apple, you have to share with apple, tens of millions of shareholders, up again 3 bucks higher, 137. Amazon, now well above the 3,500dollar mark, the company is worth over 1. 7 trillion. Microsoft, also worth 1. 7 trillion with another record high. Up another buck today at 228. We will bring you the rest of the tech titans in a moment, just wait till you see zoom and how much its worth. Politics, you are going to see a sharp contrast in Campaign Styles today. The president continues to fly all over the place answering reporters questions whenever possible. Hes off to North Carolina today. Joe biden will not be getting on a plane when he travels to wilmington, delaware. He never goes far and shies away from reporters questions. This is becoming a political issue, favoring President Trump, hes out and about almost every day. Joe seems unwilling to abandon his basement strategy an