About a 900point gain in just two days, easing some of lath weeks big losses. The s p 500 is up nearly 60 since President Donald Trump was elected four years ago this day, 2016 stocks have climbed back to reclaim the ground last earlier this year. Tonights election will be decided in the swing states and we will dig into issues, everything from covid to the economy and more power lunch begins right now welcome to power lunch, everybody. Im kelly evans. Weve got an historic election and a huge rally today our reporters are all over it. Bob pisani is watching stocks, ylan is at the polls lets begin with bob pisani on this rally today im calling this the buy everything rally we are off of the highs which we hit late in the morning, but still a substantial rally for the day. Take a look at the sectors when i say buy everything, you know its a good day when banks and industrials and technologies which go in opposite directions are up today today banks, industrials, its your cyclical sector
A look at how Global Markets fared this week as the possibility of a 2nd wave of the corona Virus Outbreak in the u. S. Has affected Investor Sentiment there are a lot of red arrows out there so lets take you through the week starting in russia the mo x. Is in the red on its short week down 1. 75 percent the ruble fell from 14 week highs against the dollar on thursday retreating still losing more than 2 percent on the day as Oil Prices Also fell lets move to asia where the shanghai composite is just slightly down for the week closing the week nearly flat this following a huge loss on wall street on fears of a 2nd wave of coronavirus case in the u. S. As we just mentioned and in hong kong the hang seng is also down for the week following similar trends over concerns of coppa 19 and the Federal Reserve i know its a great well stay put at near 0 until 2022 now the index fell 2. 3 percent at one point on friday alone following a 7 session rally now the nikkei in japan is also. Down followi
This hard to take some from somebody if you know have some replacing. We want to do this interview today and all these market move and then they take me. Off the area. So how can i tell you stop selling drugs if well hear something put the money in a box. They just mean life has almost been basically a color speech for the worse do you guys know what sickened me security positions over the last year let. Me again. You see people get all their cars and ill see you coming in the harness seems like theyll hurry up and run into the house like they dont want to they dont want to talk to her get your mail or anything like that. Thats what im going. To try every day. This is boom bust the one business show you cant afford to miss friendship or in washington coming up markets across the globe have been taking a beating this week as renewed fears of a 2nd provirus wave and dimming optimism are dampening hopes of a v. Shaped recovery plus we take a look at how gold is fairing amid these Turbulen
This is boom bust the one business show you cant afford to miss in washington coming up markets across the globe have been taking a beating this week as renewed fears of a 2nd provirus wave and dimming optimism are dampening hopes of a v. Shaped recovery plus we take a look at how gold is fairing amid these Turbulent Times in which nations have moved to boost their gold stockpile and the demand for oil has been recent months but what has been the impact on the industry we have a fact show today so lets dive right in. And we will leave this program taking a look at how Global Markets fared this week at the possibility of a 2nd wave of the corona Virus Outbreak in the u. S. Has affected Investor Sentiment there are a lot of red arrows out there so lets take you through the week starting in russia the mo x. Is in the red on its short week down 1. 75 percent the room. Fell from 14 week highs against the dollar on thursday retreating still losing more than 2 percent on the day as Oil Prices
Military presence in this area russia. What is it suddenly about the South China Sea that makes it so of added 11000000000 barrels of oil. Take a look at this map who really owns what kind of says no it belongs to us india says no we claim that that belongs to us both of these countries have Nuclear Weapons capabilities there is reason for concern so thats why were going to drill down on the story for you today right here on the news with rick sanchez where you know as we always like to say we do believe by golly its time to do news again. So what weve got to do is identify the threats that we have its crazy confrontation let it be an arms race is on offense very dramatic if i look at the only im going to resist i dont see it. That strategy will be successful very critical time to sit down and tom. I. This is boom bust the one business show you cant afford to miss and washington coming up markets across the globe have been taking a beating this week as renewed fears of a 2nd coronaviru