And xmtchristmas in october as amazon kicks off its two day prime day today, the investment play and if any other retailers have what it takes to compete with amazon, it is tuesday, october 13, 2020 you are watching cnbc right here on cnbc. Let it go, let it go how youre one with the wind and sky everyones kid knows that song good morning, im dominic chu in for Brian Sullivan you can see the dow is implied lower by just about 17 points, so well call it fairly stage and flat nasdaq higher by about 77, the Technology Trend continues the nasdaq has been leading on the up side and down side over the course of the last couple months the major averages all coming off yet another winning session, the dow rising more than 250 points for its first four day winning streak since Early September. The major outperformer again was that nasdaq, surging more than 2. 5 for its best day since september 9. You can see there just over the last two days here, a massive move higher, 2. 5 gains there to clos
Albertsons ipo. All of the stories that we cover so closely i know. And banks already rallying today off that deregulation news earlier on the day theyre up 1. 6 at the moment. The top of the s p 500 sector. We have a huge show coming up on closing bell. On the day, we get the stress test results that sara mentioned. Well be talking to the ceo of barclays in a rare exclusive interview. Thats just about five to ten minutes away after the close, the they will join us this is the sign for the first time in months so lets get the pictures here mike santoli is here for the markets. The moves and valuations he is tracking the surging covid19 cases across the u. S. Mike, first to you. We have a pause today in the markets within a pouz. That is similar to a couple weeks ago. We this that big down day number real sustainable followthrough to the down side why is that . It doesnt seem like theyre overleveraged in a way that kree auts a liquidation cycle on the down side. There you see that flat
Preaching fundamental data privacy rights. And a new study shows a major spike in violence against children due to the very measures intended to protect them from 19. Hello im terry martin good to have you with us germanys federal and regional governments are in a tug of war over how fast ease coronavirus restrictions some states led by 3 n. G. O. S want to lift all the main lockdown measures with a few exceptions early in june thats alarming both neighboring regions and federal authorities which fear a fresh spike in infections. 6 employees of this clinic in his book house and in Southern India have tested positive for the corona virus an outbreak thats bucking the trend in the rest of the eastern german state where infection rates are down while many regional politicians support easing restrictions theyd still like clear governmental guidelines. Have been a tradition its on thing if we do this without any central god lines from the state or the federal government. In that will lead t
All sanctions imposed on turkey over its offensive in kurdish held areas in Northern Syria will be lifted. We are going to go and see if we can get inside. Republican lawmakers in the us have disrupted the democrat led trump impeachment inquiry, as a Senior Pentagon specialist was about to testify behind closed doors. A good night for english teams in the Champions League as chelsea and liverpool both win away. And at 11 30pm, well be taking an in depth look at the papers with laura hughes from the Financial Times and broadcaster eve pollard. Good evening. 39 people have been found dead in the back of a lorry in essex in an incident described by police as an absolute tragedy. The container is thought to have crossed the English Channel from zeebrugge in belgium. A 25 year old man from Northern Ireland has been arrested on suspicion of murder. Police say that identifying the victims is the first priority, but they say its likely to be a lengthy process. Ed thomas reports. Just before 1.
Road map begins with china trade concerns, retails biggest sales decline in seven months, corporate earnings in focus. B of a rallying on a beat, futures point to a muted open. Capitalism under fire a bit democratic president ial hopefuls square off and taking aim at big business and personal wealth. And billionaire marc benioff will join us at post nine. Well talk tech regulation, capitalism, ipos and who he is eyeing in the 2020 race. Stocks are on track for a modest open a day after the dow close the above 27 k for the first time in almost a month s p finished shy of 3,000. B of a beats the street with quarterly results. On the economic front, retail sales were down. 3 in september. Revisions were better. Gas stations down. 7 people say maybe this has to do with gas prices. Perhaps it does when i take a look at what is going on, if you read between the lines with bank of america, which is just a gigantic bank, gigantic consumer bank, talking about 5. 7 growth in Consumer Spending ye