Lets begin with a check on stocks lets welcome in brian belski. Thank for having me ambitious call. How do we get there . This will be a transition that takes several months if not into the year you, well into 2022 the unprecedented price moves in 2020 are going to turn into, we think, unprecedented earnings move in 2021 we think financials, Consumer Discretionary will lead the way. Were maintaining our stance of being neutral on technology and Communication Services over the next three to five years theyre by far our favorite sector in terms of growth we think this is going to be a turn around in terms of Earnings Growth theres no doubt that the vaccine is helpful, no doubt stimulus will be helpful, but theres also no doubt we are going to have more stayathome orders in the United States and therefore the stayathome stocks will do very well the bull market continues, we continue to believe that march 23rd, we dcontinue to believe that march 23rd was the controlaltdelete were bullish w
Claims came in better than expected, 709,000 signaling more improvement in the labor market. And treasury yields dropping sharply following yesterdays bond market closure. Thats putting pressure on banks, which are among todays worst performers though still strong performers for the week 59 minutes left in the session, sara every sector firmly in the red. Ahead on todays show, chipotle unveiling its first ever digital only restaurant this week without a dining room or a line for ordering we will speak with the ceo brian noccol about the strategy there. And Jeremy Grantham said he thought the market was a mccoy bubble we will get an update on his that it is since those comments. Disney, pal an tear and cisco reporting after the bell we will bring you the numbers as they happen. Mike, whats the market dealing with. Contending with worries pileup of news on the shutdown, on the virus, maybe getting worried about what growth is going to look like in the First Quarter or two the s p 500 was
Interview for global wall street. I believe david folkertslandau is scheduled with us, from deutsche bank. The sun has not risen on the east coast yet. When it does, we will start to see the trickling in of the final 5 of voting in some states, and in some there is still a very large gap involving tens of thousands and hundreds of thousands of votes. What am i focused on . I guess i have to be focused on nevada. I may be wrong on that, but that is the one state on focused on right now, francine. Francine what im focused on is the legal challenges. I think it is pretty much being dismissed by the markets, and a lot of legal experts are also saying there is not a path forward for the president to challenge the voting. My want to see how that pans out and if there is a bigger impact. Lets get to first word news with ritika gupta. Just oneoe biden is battleground state away from becoming the next president of the united states. Biden already won two key prizes in the midwest, the states of
Take a look. I feel very good, we have crowds that nobodys ever had before, i think you can agree, its been incredible, crowds have been incredible, nobodys ever had it before, i think that translates into a lot of votes. [inaudible] [applause] neil we are everywhere engaging how americas responding to this longawaited day, keep in mind 100 million americans have already voted but we have Hillary Vaughn in wilmington, delaware, jonathan and atlanta, georgia, we are anywhere and everywhere gauging what are some early trends that could be profound as the day ensues, first to Hillary Vaughn and wilmington, delaware following the movies of the former Vice President. Hey hillary. Reporter joe biden says he is feeling good and last night he predicted that he will win tonight, he is still not leaving anything to chance it is not missing an opportunity to visit his hometown in scranton, pennsylvania to get the final word in, he made a remark today and scrim pennsylvania on the historic vote in
Playing offense against covid19, where we stand against therapeutics, a vaccine and hospital care. Are we Getting Better at treating success patients . Plus around 80 million ballots already cast how will this massive vote, impact fierce and weather impact turnout on election day. Live from cnbc global headquarter, the fact, the truth, the news with shepard smith. Good evening with five days until the election, a fight for mustwin florida. President donald trump and joe biden holding rallies in tampa just hours apart nbc news marist poll out today show as tight race in florida, biden with a slight edge, 5147, but thats inside the margin of error and last months poll had them tied at 48. A live look at tampa here where biden is set to take the stage at any minute. Biden told supporters there today if florida goes blue, its over were covering both campaigns. And Kayla Tausche is following the story. Reporter President Donald Trump had people in blazing heat that sent some to the hospital