And the big week around retail rolls on, but are there any stocks out there still worth opening in the reopening trade we have some names for you on this wednesday, november 18, and this is Worldwide Exchange right here on cnbc the band subject of a little online debate that i was posting last night to my instagram good morning, good afternoon or good evening and welcome from wherever in the world that you may be watching. Im Brian Sullivan and good wednesday morning hopefully you wont need a remedy today here is how your money and the Global Markets are setting up their wednesday. Stock futures are now higher across the board small gains, yeah, but they are gains none the less. Dow futures up 64 right now. It was a mostly lower session yesterday, all the major indexes breaking two session win streaks. Hey, you cant blame the market maybe for pausing in what has been a huge surge in one of the best starts to a month in decades. In a note out on the market technicals from the spoke, the
You can see the dow is reacting. The nasdaq has turned positive by. 1 or 12 points and we are entering, of course, the most crucial month for the retailers. Many stores still shut down but the stocks are rallying, especially Department Stores, as you see right there. Look at the macys, and nordstroms. Once again, power lunch starts right now. Thank you, tyler im kelly evans. We begin with the markets this hour the dow was up 11 in november that would be a good year. It would certainly make it the best month for the index since 1987 up 25 today. Dom chu has more on the action its a catchup trade for the dow. It has been for the better part of 2020 lagging behind certainly the nasdaq composite and in some cases the s p 500 as well. Remember, the green lighne, the nasdaq far outperforming other indices. Now the dow trying to play a little bit of catch up here. A good month for the dow shaping up well see if it holds as we head towards december another big thing to watch is whats happening
Her efforts to help others. I am Eddie Micah Jr and youre welcome to the program the u. N. Has to investigate and prosecute the gunmen who shot and killed at least 8 children at the school the horrific attack happened in the town of southwest cameroon the area is a 1000000 habit said by the countrys English Speaking population where separatists seeking to create a break are we state. Blase young now reports from. A grandmother in mourning last week he really meant. Grandson. Victual should did alongside all the children at his school. Weston come rude. He has got the country and a family diversity to. The boy was pasta one if is his only son. My soul. To significantly man like. Me it is. This classroom still bears the scars of the brutal attack schools have been targeted in the past but not like this sistren to 17 fighting between government soldiers and the countrys under 4 separatist militias has brought kills to the anger for regions separatist wants to create an independent state a
This is boom bust the one business show you cant afford to miss in washington coming up lawmakers in the u. S. Are preparing a fresh round of hope and i think relief as the economy faces the greatest challenge in decades straight ahead were going to take a look at the state of stimulus talks and how the nation stacks up against others and later well break down the economic toll the pandemic has caused on businesses as the u. S. Has seen record at retail closures with a packed show today so lets dive right in. And we lead the program here in the United States is House Democrats have released a 2. 00 trillion dollar coronavirus alif package which they claim would restore 600. 00 weekly jobless benefits and provide another round of stimulus checks to. Most americans now the plan released monday evening is a last ditch effort to revive stalled stimulus talks with the white house Many Republican and democratic lawmakers have pushed for another round of economic stimulus for months but have
Stimulus for months but have remained far apart on the amount necessary to combat the pandemic so lets waste no time and bring in towson investigative journalist ben swan and tobin smith c. E. O. Of transforming research to discuss thank you both for being here ben i want to get right to you here since lawmakers from both sides have been saying for months that another round of stimulus is needed why are they so far apart on the details. Or is the cost of this whole thing i mean democrats of come down a little bit this latest you know bill that they put forth about 2. 00 trillion dollars thats about a trillion dollars less than where they had been so there are some compromise there hard to believe that 2. 4 trillion is a compromise but lets take a look at some of the things they want to do here because obviously this includes as you said a new round of 600. 00 stimulus checks but on top of those that new out of 600. 00 stimulus checks comes another round of 1200. 00 stimulus checks for