We stock with the rally on the eve of the vote tomorrow every seconder finishing in the green. The rally after the market hand in the worst week since march. So what does todays Market Action tell us about tomorrows big vote guy, what do you say hi, mel you like my election haircut. I see. Really took it down. Really tight, nice. High and tight. Interesting. Whats it tell you today, i think a lot of people squaring up ahead of the election the vix suggests theres still a lot of concern the six vix at one point traded up to 37. 5 obviously elevated last week saw huge move from 24 to 40. It absolutely mirrors of the move of june 8 to june 11 when it went from 20 to 40 and sms went from 32. To 50 in a Straight Line so the moves are identical, i think if theres a concession speech tomorrow morning this mix of 38 probably has 28 handle theres no concession speech i think the 38 vix remains thats the way im looking at the world right now. Lets be clear, concession speech by either candidate
Veterans day as we thank those who served us in the past and continue to serve us today im becky quick along with joe kernen along with Andrew Ross Sorkin things are in the green once again. Looks like the dow is indicated up by about 181 points and if we were to open at these levels and hold it through the session, you would be looking at the dow closing at a record high it has been up six out of the last seven sessions. Up another 626 points yesterday. Dow futures are up, s p futures up by about 26 and then the nasdaq, which has been the weaker part over the last several sessions, down more 1 , actually indicated higher today as well. Up by about 130. The bond market today the is closed in ob sservance of veters day. Well talk with David Petraeus later this morning andrew thanks. And an important day in the United States of course. But there is also a holiday going on in china, very different kind of holiday, made up of a shopping a made up shopping holiday i should say called single
Shares of boeing helping lead the dow higher following positive comments from a top european safety regulator about the future of the 737 max. More on that in just a moment. Boeing is up about 3 . The s p up around a percent, close to that at the moment, 59 minutes left, sara. Coming up on todays show, shares of Kansas City Southern they have held up relatively well this year ticking lower on the back of earnings today we will talk to the railroads ceo about those results. Plus we will talk about the impact the coronavirus is having on the world of sports with the ceo of a Testing Company they test for big 10 and pac12. The company is quidel. Their stock be that flying 58 minutes left of trade, mike santoli, megger theel and joining us to talk about boeing today is sheila kaiialo. Mike, the market strong. A gentle rise the market found its footing for the second straight day around the time the european markets closed in the late morning we have been trudging higher since then the s p
She started as an investment banker at Morgan Stanley, rose to be the cfo, and was recruited away to be the cfo of google and now alphabet. She has enormous influence and has done a great job in making certain their Balance Sheet works well and they really are better organized. I have no doubt she is going to be a power at alphabet, unless the next president says i would like her to be secretary of treasury. She will be a terrific candidate for that position. During this time google has done quite well and alphabet has done well. Your stock is up 20 and i should say, from the time you became cfo, the stock is up over 200 and market cap over 200 . Done quite well under your leadership. Im curious, are more people looking at doing searches during this covid19 time than ever before or are people not spending as much time searching . Ruth people are spending a lot of time searching. We have trillions of searches every year. It is the nature of searches that change. Early in the crisis peop
[laughter] one of the most powerful women in the Business World is ruth porat. She started as an investment banker at Morgan Stanley, rose to be the cfo, and was recruited away to be the cfo of google and now the cfo of alphabet. In that role, she has the normans influence at the company and has done a terrific job of making sure their Balance Sheet works well and that they are much better organized in the financial sense. I have no doubt she will be a power at alphabet for some time unless the next president of the United States says i would like her to be secretary of treasury. She would be a terrific candidate for the position. During this period of time google has done quite well , and alphabet has done well. Your stock is up 20 and i should say, from the time you became cfo, the stock is up over 200 and market cap over 200 . Then quite well under your leadership. But i am curious, are more people looking at doing searches now during this covid19 time than ever before or are people