Nasdaq. Now, here are the negative for stocks today. Dr. Fauci suggesting a lockdown christmas. Why . With all the traveling and celebrating we did over thanksgiving, its expected to produce a new round of infections that will in turn require a new round of restrictions. Well have more on this throughout the show. I get the impression were being treated like children, punished for celebrating our national holiday, but dont get me started. One more item. The biden team takes shape, very similar to the Obama Biden Team that left Washington Four years ago. Neera tanden could go to the budget office, Jared Bernstein expected to become a president ial adviser, he was Vice President bidens chief economist, and back to the future . Sure looks like it, doesnt it . On the show today, the priceline ceo offering deals to get people back to travel. The waffle house ceo, hes pounding the table, keep dining rooms open, hes pleading. And mrs. Fields cookies, their ceo somehow has to replace the reven
Haidi welcome to daybreak australia. Im haidi stroudwatts in sydney. Annabelle im Annabelle Droulers in hong kong counted down the ages major market opens. Shery im shery ahn. Ourstories this hour. Market gets a reprieve as fresh data has back bets on another rate hike this year. Tech stocks and treasuries are rallying. The dollar is weaker. In the Sam Bankmanfried trial, prosecutors say the ftx cofounder is a calculated criminal that lied of the world. U. S. Futures coming online in the Asian Session under a little pressure after we saw ux u. S. Stocks gaining ground and the s p 500 finishing around session highs. The nasdaq 100 outperforming gaming 1. 5 in the new york session. Perhaps, not surprising given we saw treasury yields back down with a rebound rebound in the bond market with a 10 year yield headed towards 470. We had dated today coming in weaker than expected. The adp private payrolls numbers added the fewest number of jobs since 2021. So perhaps, thats a little sign of a
Obamacare and keep the government open plan includes new domestic spending, all of this contrary to President Trumps election promises and the Republican Party is still divided on taxes and theyre still several votes short of agreement on Health Care Reform. Despite winning the house, the senate, the white house, the republicans cannot get anything done. Thats the current state of politics. On the money front, its all about these guys, the fabulous five. They are sucking in all the money. Theyre all at record highs while the rest of the market remains fairly flat and today, speculation what apple will do with that, a quarter trillion mountain of cash. Thats all there is speculation with a shareholder dividend. Divisive politics and really big money, thats what we have for you today. Varney company is about to begin. Thats america today, more than 40 arrests were made on may day, that was yesterday, of course. Tens of thousands across the country took part in violent antitrump demonstra
At odds with the president elect. And the handling of the email investigation, is that james comey the left is trying to spoil and disrupt the 45th president s celebration. The media will concentrate on the disrupters, watch out. Yesterday a bizarre confrontation between Elizabeth Warren and hud nominee ben carson. She suggested that trump would benefit from housing. An attack on the integrity. No other president elect has been subject to such contempt and its not going to stop. America as a whole, this is very much my opinion, does not share this sour mood. Consumer confidence is way up, Small Business optimism surging and investors pouring into companies and mr. Trump going offer the heads of the media with another flurry of tweets. Sour mood, not here. Its friday. Varney company is about to begin. Were looking like were going up at the opening bell, not much, but a little bit. 10, 15, 20 points higher. Here is the story thus far in money. Beg banks reporting profits. Look how they p
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