Than 1 as many of the cloud and socalled stayathome stocks get hit. It was the announcement that Pfizers Covid vaccine is more than 90 efficient thats what really set the market on fire we got more on that in a minute. Meantime, lets send it over to kelly. Thank you, sir. It is a huge day for the markets and a potentially historic one in a fight against the Chris Christie we have full Team Coverage for you. Bob pisani looking for the market reaction. Meg tirelli and bob pisani, lets start with you historic move for the s p 500 and big volume were going to do twice normal volume on the markets. We havent seen that recently, big volume on big up days. Thats a change on market sentiment. You mentioned small caps obviously vaccine, better reopening story. That would help small caps, look at this up almost 7 more than twice the performance of the s p 500 mega cap out of big cap, mega cap tech stocks and into small cap but also a little bit on the weak side as weve been noting all throughout
Joe biden making that final push to win over voters just days before the election. Brian sullivan lays out the big guide in one big battleground stooit stat state. And well go live overseas into the deep dive an app hes success. Youre watching World Wide Exchange good morning, im dominic chu in for Brian Sullivan. Lets get right to how the money and the markets are shaping up right now as you have been seeing in the corner of your screen, stock futures are indicating a lower open, right now the dowism app isdow implie nearly 400 points. S p by about 49. And the nasdaq lower by 220. Well get in to that more. Stocks are looking to cap off what has been an incredibly turbulent week the three major indices are now done between 3 and nearly 6 so far in just that short time span alone. It is also the last trading day of the month and october proving to be a tough one for investors. The dow down nearly 4 , the s p down 1. 5 . And the nasdaq with a fractional gain, although we know the nasdaq
E we will we will be watchins weekend. That will do it for us, have a great day, everybody, Varney Company begins right now. Stu, on your one day back, im giving you tossing it over so late. Im so sorry, stu. Stuart maria, for fox sports you can do anything you like, its as simple as that. Good morning, maria. Good morning, everyone. President trump held 18 conversations with journalists, bob woodward, included discussions of the virus threat and how the president handled it. The recordings are now public and they are at the center of latest political storm. The allegation is that he publicly down played the severity of the virus while privately acknowledging its danger. Joe biden went into attack mode instant i will saying it was a life and death betrayal of the American People. Speaking with sean hannity last night, the president said he didnt want to scare people and he didnt want to panic, he wanted calm. Yet again the media thinks theyve got the president on the run. Its worth poi
At 211 a share, now its 213 up again, those two Companies Amazon and microsoft have huge and growing cloud operations. That is a big part of their stock rally. Now look at tesla, 142, yesterday closing 1600 a share and this morning its up 11 bucks, 1654 but it is up again, are these tech stocks a bubble, is it like the dog, the late 90s, ive never seen anything like this before. Now look at the overall market, the Dow Jones Industrial going up again, maybe 150point of the opening bell, the s p of 21 points, two thirds of 1 . Look at the nasdaq, a half percentage point and more because a big tech again. The market is also getting help from the europeans who reached agreement on a near trillion dollar rescue plan that helps and they are still negotiating a plan for the United States as of right now. Bottom line, big tech in the market going up again today. A different story in our cities there is a confrontation going on on one side local largely democrat mayors on the other federal auth
Good morning to you wherever you are. Im Frank Holland in for Brian Sullivan lets get right to the markets and take a look at the stock futures this morning its been a wild week on wal ve street today it looks like the dow could open down as much as 150 points amid new concerns over covid19 but the nasdaq, its run keeps on going. Leading to another new record high its 26 for the year on pace for the third weekly gain in three weeks. Now to the global markets. Karen tso. Shes in our london newsroom with more on that. Good morning. It has been a weak finish for those asian markets today. Negative news coming out of hong kong with fresh coronavirus cases. 38 new cases local transmission and decided to close schools again from next week that throws cold water on these markets. And the rest of the markets to be very much focused on the bull run for the Chinese Market take a look at this. A lot of investors piling into chinese stocks this week and that has taken them to the highest level in