Michael oleary has to say about that and new numbers from the change Research Survey on the american electorate right now. It is tuesday, november 24th, and this issed Worldwide Exchange right here on cnbc god bless you please mrs. Robinson Heaven Holding a place for those who pray hey hey hey good morning, good afternoon or good evening and welcome from wherever in the world that you may be watching. Maybe i should say whenever in the world given the time zones im Brian Sullivan it is looking like another strong day for stocks. Futures are up big, do y dow fus up 275, nasdaq up 47 obviously the market has a lot of momentum and new money coming in behind it you have more vaccine you news, it will tend do that when you are talking about saving humanity and on top of the vaccine maker, watch shares muof regeneron, th government starting to distribute its antibody treatment to american hospitals today starting with more than 30,000 courses very good news as hospitalizations in many states
Table . Speaker pelosi says theres a chance she and the treasury secretary can still reach a deal later, pause for tiktok why a judge sided with bytedance and blocked the Trump Administration ban. Futures do imply a big open to start this monday morning of course, coming off the first fourweek decline of the year. Mike, you did some writing over the weekend. Largely about the degree to which september is doing the job its supposed to do. That being the sort of pause that refreshes the argument here is that if we came into september with the markets at record highs and everything looking very stretched to the upside and sentiment and the technical position of stocks and maybe even hopes for an immediate stimulus and this fourweek decline has largely reset a lot of those factors right. You have sentiment very muchal coo acooled off and huge short position develop in nasdaq futures and pretty much 180 degrees on that front. I would say back in the neutral zone, not necessarily super beari
The markets are telling. Abigail, are you there . Abigail we are looking at the s p 500 down 3. 5 after the worst quarter of the s p 500 going back to 2008. The russell 2000 down 5 . Last quarter the worst quarter ever. The stop selling we have seen this year on the coronavirus crisis, human tragedy is continuing right into the Second Quarter. It seems today to be a combination of technical factors and key support levels broken late yesterday so the sellers remain in control. Plus the fears around the virus as it is hitting the u. S. , the peak ahead in terms of what the fallout could be through the human tragedy weighing on wall street today. David exactly. It is not lost to me that President Trump came out yesterday after the markets had closed and said this would be tough for the next two or three weeks. He said it would be one of the most difficult things the United States has ever faced. How much of the Market Reaction does not have anything to do with the economy, it is the virus
New york stats state we have full Team Coverage stooefr steve is all over the unprecedented action the package has hit some snags what is the latest the out come is looking like the same one we got last night with democrats not signing onto advance the 1. 6 plus trillion dollar stimulus package. We have a vote right now of 4442. 44 yays. 42 nays. You need 60 votes to pass it its difficult with five in swe selfquarantine. Bernie sanders not voted last night. He was following this from afar and following this in negotiations from there. Senator Chuck Schumer said today this vote is meaningless the package is done. The real work is happening behind closed doors. To that end he said that work is very, very close to producing a deal that inif he canned some optimism into the market but he is making clear hes not authorized democrats to back this move to advance the vote as it stands. We know cabinet members have been meeting to reach a compromise slow and steady progress is what they are ca
Taking that road, the top most aggressive cities when it comes to driving ranked. Boy is rahel solomon going to be upset about this one Worldwide Exchange starts right now. Good morning and welcome stock futures are pointing to another record open for the major averages as the dow looks to lock in the 22nd record close of the year. The s p on its 32nd record close. Since 2013, when it gained around almost 30 . If it can ink out another 0. 4 , it will have been the best year since 1997 so a big move. Major investor attention on the nasdaq after it closed above the 9,000 mark for the First Time Ever. Just 486 days after closing above the 8,000 mark the faang name playing a role in that move. You can see hear the faang stocks facebook actually up about 19 amazon marginally lower. Netflix down and apple a major driver for that faang outperformance more on that move to 9,000 in a moment lets go worldwide we are seeing markets opening since christmas. The shanghai about flat. Nikkei down abo