Well get the story from tennessee senator Marsha Blackburn. All that and more on making money. Charles it is election day. Everyone wants to know how the outcome will impact the market. My goal on the show is to go into the nuances of market. We seek out individual opportunities. Historically the market higher three months into the election has seen the incumbent win every time since 1984. 20 out of the last 23 election cycles that goes a long way. On that note i would like to give me as i bring in my guests succinct answers on the specific sectors because were looking for opportunities. I have got the right guys for you. Beginningbeginning with send grd bahnsen, Heritage Capital cio paul schatz, belpointe chief Market Strategist david nelson. I want to start with technology and communications. Been a rough go but david nelson, how do you see this group postelection . I think the message from the market you can move down the valuation curve. Last week you saw four of five Largest Compa
10ly plans on spending billion euros a month. Biden uses his first call with Boris Johnson to reaffirm his support for the good friday agreements. A lot to talk about this morning. Under one hour until the start of the European Equity trading session, futures look flat. Ftse futures, dax futures, a bit of a mix. Yesterday europe was up strongly 1. 5 or more on the major markets by the close. We come into today with a continuation of themes of the previous day, selling out on tech, getting back to value. Lets get to u. S. Futures, looking more buoyant and having to do with what we did not see in the u. S. Session yesterday. Things are not as strong across the board. Nasdaq down by 0. 3 . U. S. Futures looking have we seen that rotation playing out in terms of the tech versus value story . It is in play in asia. It is inch deceit a japanese equity market doing well. See the interesting to japanese equity market doing well. Part of this has to do with what is going on in tech, a crackdown
Surging as the u. S. Rounds the corner on a vaccine. But how exactly will a vaccine work well speak to stanford medical dean, dr. Lloyd minor. Power lunch starts right now thank you, ty. Welcome to power lunch, everybody. Im kelly evans. Tech is the best performing sector today, up 2. 5 as it regains some ground it lost over the past several sessions. Take a look at big cap tech name apple, microsoft, amazon and facebook all higher today. You can see amazon and microsoft up about 3 . Flipside of the coin, Energy Stocks are lower the Energy Sector etf, exl up 14 . Taking a breather today. And despite all the volatility, the s p is up a whopping 9 to kick off november. Wow. Dom chu has more. We have talked about this rotation, whether its a great rotation, whether its a microrotation into some value type sectors like energy, industrials. We have some massive moves on some of the most beaten up stocks in the s p. This righthand side, this move higher than been led by many of those deeply
Gain of more than 500 points the day before that and right now dow futures indicated up another 113 points this comes after the dow closed at its highest level in a month yesterday. Oil prices picking up by about 3 more of a supply picture but the s p 500 indicated up by about 13, nasdaq up by 31. And treasureky my market, te yielding 0. 765 . Andrew lets talk about stimulus this morning because house he Speaker Nancy Pelosi and treasury secretary Steven Mnuchin spoke about a broad stimulus plan yesterday and Speakers Office says that the treasury secretary made it clear that President Trump had interest now in finding an agreement on a comprehensive relief plan, that conflicted with comments from the White House Communications director who said that the white house wants to address stimulus checks, Small Business loans and the airline, but not anticipating a larger package. Nancy pelosi said that the white house is open to something bigger but not on the scale that democrats have prop
Former director of the Central Intelligence agency, former member of congress, former u. S. Army officer, finished first in his class at west point, Harvard Law School graduate, and of course, much more. Im fred kemp, president and ceo of the Atlantic Council and mr. Secretary, this is a heroic day. The uae, israel, and bahrain are set to sign an accord, first theigned abraham accord, first such agreement between israel and an agreement in more than a quarter century. The leaders will sign with the foreign ministers. We have a lot to discuss and half hour. In half hour. The china issues, but lets start with the middle east, although i know you have a few prepared comments. My first question would be, looking at the longterm implications for the u. S. And the region of this accord. How does the u. S. Alliance structure look longer term . Then dig into the middle east. First, thank you for having me, it is a big day, as soon as we wrap up here, literally, ill ahead to the white house for