Im becky quick along with joe kerr de kernen and Andrew Ross Sorkin. After two days of optimism, the get out there again trade was on turned around a little bit yesterday. We did see people rushing back to the stayathome stocks as covid cases and momentization hs continue to climb. And some states are imposing restrictions and the nasdaq ended up 2 after being down monday and tuesday. Yesterday the dow ended flat, right now indicated down by about 115. Never made to the record, still waiting circumstanling around tt s p 500 down by 2. 5 and nasdaq indicated up another 51 points this morning these were the stay at home stocks, amazon up, apple up 3 , zoom which had gotten hammered, yesterday up by almost 10 took c docusign 5. 2 and netflix 2. 2 and treasury yields, yesterday it was closed for veterans day this morning it is open and you can see the ten year still around the very heightened levels, again, not historically, but based on what weve seen in recent history within range of 1 a
Apple were virtually on capitol hill for hearing on big tech and at the trust. Thats our discussion this week on the communicators. Joining us is cerebellar who is with the American Economic liberties project. Shes the executive director, and former congresswoman Barbara Comstock two is now a Senior Advisor at Baker Donelson. Sarah miller, the question i always ask quite a bit at the hearing was his big tech too big . What is your answer to that . Guest i think the obvious answer to that is absolutely. The members of the subcommittee, both democrats and republicans really focused in on the power of these corporations over the way that we communicate and the way that we engage in commerce. That was the dominant theme of this hearing, and he also got into the guts of how these businesses work, how they abuse their dominance, i think gauge and predatory behavior and just how they are hurting other businesses, small, medium sized businesses and everyday families. Families. It was really qu
Project. She is the executive director there. And former congresswoman barbara comstock, who is now a Senior Advisor at bagel donelson at baker donelson. Big . G tech too what is your answer to that . I think the obvious answer to that is absolutely. ,he members of the subcommittee both the democrats and a number of republicans, really focused in on the power of the separations and the way we communicate and the way we engage. That was a dominant theme of this hearing, and also got into the guts of how these businesses work, how they abuse their dominance, how they engage in predatory behavior, and other affecting everyday families. It was really quite a remarkable hearing. And we saw this just a couple of Mark Zuckerberg, they really had no idea how the corporations work. So this was a pretty remarkable and the Ongoing Investigation into monopoly power in general but especially as relates to this. Congresswoman comstock . Barbara the gallup has an 18 Approval Rating. Story. American s
I think the obvious answer to that is absolutely. The members of the subcommittee, both the democrats and a number of republicans, really focused in on the power of the separations and the way we communicate and the way we engage. That was a dominant theme of this hearing, and also got into the guts of how these businesses work, how they abuse their dominance, how they engage in predatory behavior, and other businesses affecting everyday families. It was really quite a remarkable hearing. And we saw this just a couple of years ago, when Mark Zuckerberg, they really had no idea how the corporations work. So this was a pretty remarkable moment and the Ongoing Investigation into monopoly power in general but especially as relates to this. Congresswoman comstock . The gallup has an 18 Approval Rating. A Great American success story. These are companies who have Approval Ratings in the 70s and 80s and have gotten us through this pandemic over these six months, five or six months, whether it
Claims and cases of covid19 continue to rise around the world. Two majorly a small games tonight because players tested positive. Good news, moderna is kicking off a late phase trial of its vaccine candidate that will involve tens of thousands of people. Joining us to break down the day that was, Abigail Doolittle has been following all of the back and forth in the markets today. Modernity shares, ending today slightly down, despite the good news about vaccine progress. What stood out to you, today . Might have at the after hours view, that it was a little bit off, but moderna was close to 1 billion on u. S. Funding. It had been topsyturvy, ending higher after two down days but at one point it was russian a bull as stocks were up just slightly but at the end of the day the nasdaq 100 going out a nice gain. The chips index, take a look at that, with hope that some of the intel competitors might be able to produce those next generation chips. The big story, not to revisit tech, gold. Gol