You know what love is on thanksgiving . I love you so much and im so thankful for you that im not going to see you. This year if you love someone, it is smarter and better to stay away. Well be alone physically, but we are spiritually together celebrating in a way that is even deeper. The story is, my mom is going to come up and two of my girls is the current plan. But the plans change. But thats my plan. Sandra and that grabbed a lot of headlines. Laura ingle is tracking it for us. How long for the governor to change his tune about those plans . We crunched the numbers, looked at time codes. It was exactly 1 hour 33 minutes for him to Reverse Course and change his plans. As others plans go forward others move forward. He is letting folks know things are getting so bad in new york he is putting some restrictions in place for some areas where those cases are spiking, limiting the hours of restaurants and exactly how many people can gather for their thanksgiving day meal safely in new yo
Secretary of state well get insight into who these people are, more importantly, what they mean for you, and the country. And of course, theres more than one way to takeaway your guns. Just make them too expensive to own and to use. The biden gun tax well get reaction from liz peek on that and so much more on making money. Well so the markets open higher and a could am but nation of factors right theres of course more good news on a vaccine front from astrazeneca they received emergency approval and then the start of trading the u. S. Services pmi came in well ahead of consensus and really encouraging highlights the steepest expansion output since march of 2015 the fastest new increase in order since september of 2018 the strongest job growth since Data Collected in the series going back to october of 2009 and the strongest Business Optimism since may of 2014 and take a lack at this chart, ladies and gentlemen. It is called a super v and its all good stuff and then we might add the upt
Thats how unconventional all these polls are right now. Were also going to follow more as the markets sort of i digesting the news we got out of the likes of alphabet, amazon and apple. By and large, the numbers were pretty solid, they just werent solid enough, and its weighing on the techheavy nasdaq as a result. Much more on that in a second. Now back to the cases at hand that are getting a lot of attention. 12 states now are reporting record oneday increases including illinois, indiana, maine, michigan, minnesota, missouri, nebraska, new mexico, North Carolina, north dakota, oklahoma, ohio, oregon. These are not just with oneday blips. These are new causes, the highest cases, the highest ever recorded since the pandemic began. Furthermore, 91,248 americans, more americans just tested positive for the virus. It is the highest of the pandemic period. Thats whats weighing more on the markets than anything else, the idea that these expanded cases and the kind that were seeing in europe
Ireland, so we are watching the pandemic on those fronts. It wealth story right now is the welsh story is the most serious clampdown. A circuit are being brought in with the hope and expectation that could be lifted after two weeks. Tom and on brexit, im thinking fishing rights. There is an update. It is the end of october, we are getting what is the brexit plan the rest of this week as we are all distracted in america . Anna it seems as if the u. K. Government is still waiting for concessions on the e. U. Side before jumping back in to any kind of talks. Sidewants to see the e. U. Actually verbally explicitly say they will concede something in order to get the talks restarted. We will see whether the e. U. Jumped at the chance or not. Tom we will get to the data in a moment. Futures up 18, a lift off what we saw yesterday afternoon. With first word news in new york city, here is ritika gupta. Ritika House Speaker nancy pelosi and treasury secretary Steven Mnuchin are drawing closer to
We see the dow below the 50 day for the first time in awhile nasdaq hit that last week were off of the lows, 32. 29 maybe just ten tonights off of that the problem is not so much technology, but the reopening sectors. They are weighing on the s p if you just take a look energy, industrials, and materials. They have separate issues with suspicious trading activity. Not as they are notably week taed and this is another sign that the reopening story is not going as well as people anticipated. Remember the bucket thats we watched the market with. It is true there have been advancements with treatment and vaccine. The delays in the stimulus program, europe locked down is a worry. Concerns about the potential for the european lock down is there. As far as the stock market goes, we have been looking at valuations for a long time many people feeling the market is over valued but earnings overall have been improving. There is a lot of balance and debate going on. That happened on friday, nasdaq