The gloom crew. They have been wrong, wrong, wrong. We will reassess. We start strong with james bevan in a moment. Francine we have a lot of Economic Data that could support the rally or not a little bit later. Consumptionat price and other things we need to watch out for. Lets get to first word news in new york city with ritika gupta. Joe biden ritika joe biden wants to change the slogan from America First to americas back. Restore u. S. Ties with International Organizations that President Trump spurned over the last four years. President trump heads to pennsylvania in his campaign to overturn Election Results there. He will meet with state republican lawmakers examining accusations of voting impropriety. Pennsylvania has already certified that joe biden won the election. Trump supporters complained that observers were not allowed to be close to virga two workers counting votes. U. S. Health officials are working on guidance to shorten the 14 day quarantine period if they are exposed
Companys shares slumped after reports it could be added to the u. S. Blacklist. Discord rains. Oil retreats as opec fails before todays meeting. The uae and pakistan are said to be opposed to the current cuts. 6 00 a. M. In london. It has just gone 10 00 a. M. In the dad. Rally . Uld stop the maybe if yields bust above 1 , but that looks highly unlikely in a world of quasiyield controls. Good to have you back in hq. Annmarie good morning, manus. Glad to be back in london hq. One of the things the market seemingly continues to forget about, but this weekend we heard from all the top experts in the united states. Dr. Deborah birx saying postthanksgiving we are already seeing the disease likely. S 10 times more awake is w keeps her awake is what could happen after memorial day. Aboutey are dealing with 100,000 infections a day. Manus go to the front of bloomberg. Com. We have the headlines coming up across the bloomberg terminal at the moment. Take a look at bloomberg. Com because at the
Rotation this hour plus, there is still one over big overhang for stocks and that is covid cases spiking, cities shutting down. Well talk to one of los angeles biggers playest playert retail, dining on power lunch right now. Thank you, tyler. The markets are off to the races with the dow topping 30,000. This time its not big tech leading the way. Dom chu is looking at the rotation pro tellipelling us hi. Lets talk about the gold star right here. 30,117 is the intra day record so far that was the high of the day at the pandemic lows, intra day we were talking about 18,214 weve gone up roughly 65 since the pandemic lows we saw back in march. Something to keep an eye on when we talk about the dow industrials and. Talk about whats happening between growth and value take a look in just the last monthtodate period we have now seen a real outperformance in some of those value stocks just in the month of november. Well see if that trend continues with that orange line picking up steam with the
Down 1. 6 yesterday, off of session lows. The dow industrials down 650 650 points, that was 2 and a quarter percent lower at 4 00 on wall street. Investors rattled over no progress on stimulus and a rise in covid cases. Its a big day for earnings, dow components merck, 3m. Caterpillar all reporting quarterly numbers this morning. We will get a snapshot of the airlines when jetblue reports and a look at big pharma when pfizer reports. The road to the white house, we hit the one week to go mark, americans are headed th to the polls in seven short days. President trump and joe biden begin the final push before election day. Stimulus negotiations losing momentum, time is running out for lawmakers to make a deal before november 3rd. House Speaker Nancy Pelosi says she remains opt my particular over talks optimistic over talks. Congressman tom reed told me yesterday if we dont have a deal by election day, we may not have one until february. Todays the day, my new book, the cost, trump, china
A crucial why not just for the United States but for the world whos leading the race in americas poll rise fall to the streets well be right here for you and well tell you everything you need to know as america decides when you the numbers issues the background as it happens and until the last vote is counted join us for specialized cultures from berlin the u. S. Election november 4th on detail. Theyre our best friends and very old friends indeed theres evidence that humans began to domesticate dogs some 30000 years ago as long before we tamed the horse or started keeping livestock. And this is the nose that always knows the dogs a sense of smell is about a 1000000 times better than that of humans dogs also inhale up to 300. 00 times per minute in short breaths that means theyre all factory cells a constantly supplied with new odor particles and its because of that amazing organ that dogs are being brought into the frontline in the fight against corona virus. Welcome to this studio whe