Well be on and bridge you all of the bring you all of the big headlines. First the november to remember dow surging towards best month since january 1987 s p and nasdaq handing in best work since april energy up more than 25 percent financials up more than 17 percent. Small caps, best month ever. Bulls werent hiding, check this out, each of the past four monday he got big vaccine news before the market open and look at diminishing returns, the market fell despite moderna requesting emergency use of its vaccine. So weve been talking talking black or white or red and green in terms of diminishing returns. I took that economic class my freshman year and learned all about diminishing returns which is why i often invoke it here, i think so, absolutely tell you something, the vix is telling another story. I thought a day like today, monthend i thought the vix would close closer to 25 but here it is closing lower on the day, maybe its a function of that specific security, but ill tell you giv
This as the United States is seen a rise in the number of covid cases. Joining in the 8 a. M. Hour this morning all be speaking with health an human secretaries alex azar and markets this morning look like a mixed story attack a look after treasury secretary Steven Mnuchin said he would not extend most of the emergency legending programs that run in tandem with Federal Reserve dow industrials down 55 and nasdaq up 14 but the s p 500 lower by 4 points. Markets yesterday shrugging off lockdown to finish in the green when all said and done dow industrials up 45 points and nasdaq up 103 and the s p higher by 14 at 4 00 on wall street yesterday. To the president for trade and Manufacturing Policy peter joining me to talk all they thinks economy and china coming up. And then do nothing for nothing. How you can score a get away to hawaii for free. The morning buzz coming up mornings with maria is live right now. All right here we go european markets take look inching higher european indices h
Wall street is looking for any clarity on stimulus following President Trumps tweets, suspending further negotiations until after the election yesterday but calling for targeted relief since then for airlines, Small Business and a new round of 1200 checks. Eli lily saying its seeking emergency use authorization for antibody treatment dr. Gottlieb says its a major step forward got a bit of reversal from yesterday. Quite so. On todays show, restauranteur danny meyer putting out a plea for lawmakers to come up with a stimulus plan. He will discuss what it would mean for the Hospitality Industry if help doesnt come through soon plus kara swisher on whether any of that will mean real change Steve Liesman has the fed update for us, and joining us to break it all down is jeff sherman from double line capital. Steve, lets start with you. Wilf, thanks. Fed officials in their meeting from september had begun to have concerns about the possibility additional stimulus would fail in congress. They
Including coronavirus, the economy, taxes and the Supreme Court. Well be bringing you the very latest coming up this morning, all the highlights. But first, lets take a look at markets the morning after pointing to a rally at the start of trading, the dow futures up 8 85, nasdaq up 68 around the s p 500 up 11 and a quarter. Investors optimistic over talks targeting stimulus for airlines, Small Business and another 1,200 check for all americans. The president wants to do individual bills. This is what drove markets yesterday as well. Dow industrials at the close yesterday up better than 530 points, that was almost 2 . The nasdaq up 210. The s p 500 higher by 58. Were on it all morning long. Mornings with maria is live right now. European markets in the green, fractional moves, fq up 20, cac up 17 and dax index up 68 points in germany. Lets take a look at asian markets overnight, japan was the best performer, hong kong was lower, the Chinese Market remains closed for a holiday and the ni
Morning. And the nasdaq is down by 182 points a lot of this is whats happening in europe right now. You dont just look at the oversees market but were going to take our queues from what is happening there. You can see the ftse down by 3. 4 and the other markets are down by more and a lot of this is coming in the last few hours. They could be considering a second lock down as covid cases there have soared theyre back to the levels in may. Theyre concerned about whats happening with the number of cases and the hospitalizations admissions doubling every 8 days theyre now looking at 6,000 cases a day and again theres been some talk of a potential second lock down there now they want to make sure that schools can stay open and that some businesses could stay open but just the threat of that, the potential for the second wave coming is enough to push all of the stocks in europe into the red. If you take a look at whats been happening with travel and leisure stocks they were down by 6 earlier