Bitcoin once again now a major u. S. Asset manager taking a closer look. And a brick and mortar bust. New black friday data could signal a major win for amazon, target and walmart its monday, november 30th, 2020, and youre watching Worldwide Exchange on cnbc good morning, everyone hope you had a wonderful Holiday Weekend. Im seema mody in for Brian Sullivan stock futures right now on this monday a somewhat mixed open the s p lower by 12. Dow jones lower by 153 and the nasdaq turning negative down just about two points. This coming amid whats been a record month for november. The dow is up 12. 8 . The s p 500 talking with the dow on track for its best month since january of 1987. The s p and nasdaq both coming off record closes friday and up more than 11 this month on track for their best month since april. But the s p 500, this isnt the first time weve seen a record on track for his 26th record close this year. The nasdaq at 45 as hopes for a vaccine continue to grow but lets not keep
Some of the worst air quality here in california in the world, however, it was much better out there today, this was the view of San Francisco, the skyline from the east bay, the improved air quality is giving businesses a glimmer of hope kron fours taylor sackey stopped by several restaurants today that started to see an uptick in business and she joins us now live in the city with more taylor then we moved into that better air quality tonight and you can see here behind me that people are still taking advantage of it now earlier today we were in that moderate level but even then restaurants say that it was a breath of fresh air could because finally they were seeing customers sitting outside at the restaurants yet again. The first time in a while because of that that air quality and they say its something that is much needed right now after hitting that second hurdle in the pandemic. The past 2 days has just been really smoky, ive tried to kind of avoid going outside as much as i pos
Well. Geordie joining us is johnson. How much more shakeout do we get from investors having to rebalance . As a bustedsla growth story. The revenues peak in the Fourth Quarter of 18. 690,000 of capacity. If they hit delivery members this year, only 63 of reported capacity. Building two new factories. Completely is mismatched. We think it is coming to the forefront in the stock. What gets us to 19 . Tesla has been unprofitable. Subsidies toed sell credit. People do not need to buy tax credits anymore. You look at the second quarter. Stockbasedthe conversation. Back to they go losses. Right now, it is single digits. In china, a big disappointment. Cars in aover 20,000 month. What gives you the confidence that now was a turning point . This not just that squeeze we are all talking about after call options are out of money. Great point. The numbers have been getting worse. S p inclusion. In 2015, elon musk said in two years, tesla cars are able to do 200 miles it on a single charge. 19, el
Dow topping 28,000 today for First Time Since february. Its the value trade thats working. Is the rotation for real i think as long as you have confirmation in the bond market, you can believe in it but when that link breaks, the stocks the value stocks probably crash again. We witnessed an episode like this that happened from the middle of may through the middle of june. It was almost a full four weeks. It was violent to the upside value stocks, cyclicals, the quote reopen names Small Cap Value did incredibly well the Growth Stocks took a pause the high flyers corrected but when that ended, it didnt end gently you had crashes in the reopen stocks you had crashes in the value stocks both asbestbsolute and relative to growth its a Real Recovery if that link breaks and i know yields have gone up a bit here and abroad as long as that continues happening, im fine with it. I think you have to watch that more than commentary, more valuation, more than anything else jpmorgan had a great note
Their temperatures taken before they go inside. Also, Public Schools could stagger the times when students arrive to maintain social distancing. Now the governor also said things wont be back to normal for quite a while, but says its basically all up to you, us. And thats the curve thats got to flatten out. Abc7 News Reporter liz kreutz joins us live from her home with a closer look at what the governor outlined today. Liz . Larry, thats right. Governor newsom laid out six key indicators that the state will need to meet in order to begin the process of getting back to normal. But even when we meet those indicators, well be entering more of what he calls a transitional phase. A month into the bay areas shelterinplace order, finally a moment of optimism. Governor newsom laid out what it will take to begin easing the openings. We have a parameter, a framework that will guide our Decision Making. That framework requires the state meet these six indicators. One, the ability to expand testin