Blake burman at the white house. We have Lauren Simonetti watching the market action. Edward lawrence reporting from washington at the but on this up and down day, lauren, we start with you. Lauren lauren its with up and down day. I had to look over to see if stocks finished the green. It is changing constantly. This is the new normal. Investors are totally unsure how to price in politics. Not just the expected turbulence around the election, but the future of stimulus. Stocks got a major stimulus from comments on treasury secretary Steve Mnuchin he and House Speaker nancy pelosi theyre going to keep talking about a new relief bill as House Democrats reportedly are ready to scale down a package of their own. Doesnt mean it is going to happen up investors like they are talking. We call it the mnuchin maybe, maybe. The s p 500 avoiding falling into correction territory, up, after the closing bell by just nine points. Yes, it is positive on the year by a whole 16 points, guys. Take a look
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This massive pileup involving nearly 70 vehicles on an interstate in virginia yesterday. Fog and black ice caused drivers to lose control, crashing into each other. Most of the injuries were minor, but two people are in critical condition. It was a rough night for travelers in denver. A United Airlines flight made a hard landing at Denver International airport. One passenger described hearing a lot clunk and seeing sparks on the left side of the plane. United says there was a mechanical issue. No one was hurt. The biggest storm threat, rain and flooding in the west, and tornadoes in the south. Weather forecaster olga aspina from kcbs is tracking the forecast. Good monday morning to you. It is christmas week, and this is going to be a very busy week for traveling. However, if you are on the west coast or traveling from or to the west coast, be aware of a storm system that is passing through that area. That is going to be leading into christmas. And then another storm that will start on
Bid 140 a share or over 5 billion scluting debt. The apollos offer was accepted. The later offer accepted by tech data as the better offer and buffett says he does not intend to make a higher offer a little bit about tech data, it is a global distributor of Technology Products and services it supplies Small Companies with Technology Software and hardware made by larger companies, larger technology companies, a middle man. This is evidence of what has been happening with Berkshire Hathaway as the cash ward has grown. Topped over 128 billion according to most recent s. E. C. Filings from the company this move is interesting pivot for buffett, he rarely goes up against private Equity Companies and doesnt like to get into bidding wars it shows how hes going further afield to try andlook to deplo his large stash of cash that he has on hand. Hes known as being a cheap guy. Somebody who looks at prices he doesnt like auctions. Doesnt like auctions, doesnt like to get into the fray what is int
Heres today your world in 90 seconds. President trump back to the u. S. After a secret thanksgiving day visit to afghanistan. The president says peace talks with the taliban are back on. Well see if they make a deal. If they do, they do. If they dont, they dont. Thats fine. Three, two, one. The black friday shopping frenzy is under way. Whew whew, last one. Ten animals were killed in a barn fire at an African Safari wildlife park in ohio. Our animals we care for every day and our team is just devastated. A fire still burning at a texas Chemical Plant. 50,000 people remain under a mandatory evacuation after two massive explosions. I think theres been very significant progress. The cdc reminding all of us to get vaccinated after nine new England Patriots have been sidelined by a bad case of the flu. Power went out during the lions bears halftime show. Its something all that. The bulldog dropped his hammer on 2,000 other dogs. Oh my goodness, wow. The very special and unexpected reunion n