Bitcoin once again now a major u. S. Asset manager taking a closer look. And a brick and mortar bust. New black friday data could signal a major win for amazon, target and walmart its monday, november 30th, 2020, and youre watching Worldwide Exchange on cnbc good morning, everyone hope you had a wonderful Holiday Weekend. Im seema mody in for Brian Sullivan stock futures right now on this monday a somewhat mixed open the s p lower by 12. Dow jones lower by 153 and the nasdaq turning negative down just about two points. This coming amid whats been a record month for november. The dow is up 12. 8 . The s p 500 talking with the dow on track for its best month since january of 1987. The s p and nasdaq both coming off record closes friday and up more than 11 this month on track for their best month since april. But the s p 500, this isnt the first time weve seen a record on track for his 26th record close this year. The nasdaq at 45 as hopes for a vaccine continue to grow but lets not keep
Hayward station. Police arrested him about a block away on tennyson after some interaction at a car dealership. The two men are described as in their 40s. This may explain the next comment from the interim police chief. The knife was introduced into the fight at that moment. Our riders have a safe system. The fact that that was a rare occurrence speaks for itself. Reporter for passengers, the south hayward station does remain closed so no trains are stopping here. They are doing single tracking through and there are bus bridges going around the south hayward station. We expect the situation to be going on for at least another hour or more. Rob roth at the south hayward station tonight, thank you. Pg e is scaling back tomorrows potential shut off. They told People Living in alameda, contra costa, marin, san mateo, santa clara, and santa cruz counties they will not lose power. That leaves the northbay to still lose power. Tom vacar went to orinda and found a Business Owner who is relieve
He hit me, too. Reporter he said after they fought, the suspect who wasnt wearing a shirt at the time try to carjack someone elses car. We got video of what the suspect looks like. Witnesses say Police Ultimately arrested him at the bus stop. The worker i spoke with said the suspect is familiar to the area. He has seen him before. Police have not identified the suspect nor victim at this time. We will have more on the story tonight at 10 pm. Thank you. In san jose is high school is evacuated due to a suspicious package found on campus. Oak Grove High School went on lockdown before noon. After 90 minutes the school on blossom hill road was evacuated. Students and staff were taken to waite park which is a few blocks away as a precaution. Students were later released to go home. Fortunately no one was hurt. Tonight san jose bomb squad crews are still on scene trying to figure out what is in the package. Now to the latest on the pg e preemptive power shut down. A few hours ago pg e revised
What we are looking at is a sixmonth chart of the s p 500. We are looking at treasury note futures in white. That is actual price. We see coming out of june we have treasury note futures basically flat and rallying. Stocks went sideways. In september ec a strong downtrend. In todays pullback for bonds ec the downtrend really holding. It could just adjust. December could be what history are,sts decembers relatively strong. Michael one thing we dont talk about is the indian stock market. Etf trading today, msci indian etf is a standout. Very strong move today. Indiaof speculation the bank will cut Interest Rates by 25 basis points tonight. One thing that really stands out you look at the benchmark index in india is its evaluations. It is trading near a record local currency basis, but the evaluations have really sort. Index not trading in more than 29 times trailing earnings. You can see the top line. What is more interesting is the evaluation taste on forward earnings, the lower line. I
Sector mike looks for the sequel to that movie next week its time to risk less and make more the action begins now. Lets get right to it it was the rate shock heard round the world. The tenyear rate falling below the twoyear rate. The inversion seen as a recession indicator. The dow saw its worst day of the year, but carter says fear not it could spark a big breakout for one stock heading into earnings next week carter focus on home depot we know homebuilders as a group, the actual builders, have done nothing for three weeks, but thats called out performance compared to the market, and its probably because of rates. By all accounts, its because of rates. Home depot, if earnings next week, i think you can draw the lines as follows you have selloffs. This is a very precise selloff in terms of days down, 11 , and this is 9 whats really important about those two selloffs is that they both came to rest at this trend line and im going to make the bet that were going to come to life again off