We have foxbusiness Team Coverage with blake burman at the white house. President elect bidens transition. Gerri willis standing by but we begin with jackie deangelis. Good afternoon. Good afternoon. History is being made right before our eyes. Dow about 30,000. I think is interesting today, not just the dow but look at the s p 500 on a percentage basis of a little bit more and even the dow industrial. 500 is broader than the dow 30. You can see this was a big broadbased rally across the board. I think that is important. Look at the dow winners because it gives you the sectors, energy is moving today, we see the financials moving higher today. Walt disney is a big winner today but it wasnt just stocks, it was oil as well. Over 45 a barrel, disclosing under that level and it took the Energy Stocks up because the investors are basically betting on recovery for the economy and that means more demand for oil and that means these companies will do better. Having said that, lets take a pause
A military coup in mali. Jubilation in the capital as president. Resigns saying no blood will be shed to keep him in power but International Observers fear more instability is on the way. And meets the son of a man who died in a war on a hospital in the early days of the covert pandemic he says his father was killed by an official cover up. Im sumi so much going to glad you could join Us European Union leaders are discussing possible sanctions against valorous in an emergency Video Conference today earlier opposition politician said lana to north korea issued her own video message calling on the e. U. Console not to recognize what she. Fraudulent elections that saw president look i shant go were turned a power for a 6th term the emergency talks come as look as schenkel faces an increasingly bold wave of resistance. May work has joined the walkout in the past president Alexander Lukashenko could count on state employees to support him but he had to order managers to threaten them with d
And irelands Pascal Donahoe is chosen at the next eurogroup president. He says the focus is to bring back jobs. I will play my part in working with all members of the eu eurogroup to make sure this group makes the contributions. The challenges are great but we will prevail and will overcome we kick off the show this morning with a major oil report crossing the latest is that the organization has bumped up its 2020 Oil Demand Forecast today but it has warned that the spread of covid19 has posed a risk to the outlook. Steves been pouring through this document and has all the analysis ill be honest, not every page i think its 81 pages i have from our friends at the iea. Its pretty much what the doctor told us oh, gosh, we interviewed him on stn a few weeks ago. The situation at the moment is its halftime in the year, of course theyre hoping for better out of the second half of the year. The commentary is casting a shadow and quite interesting. Saying, look we think things are going to reb
Cnbc interview with iac chairman barry diller we are higher be 0. 8 on the doubt stephanie link is here with us. Good afternoon. Thanks for having me. Good to see you as always. We shall rule off all the major at least, owned now that they seem behind you are theyre rallying and rallying hard apple is so incredibly impressive if that really is the case, we have up side to numbers for apple, and i think a lot of analysts will have to raise estimates. Its a great leadership group. It really is. Apple up 5. 2 so far in 2020. Lets fog focus in on the big stories. Were looking at what wall street is says courtney has a read on retail. Mike santoli has his market and if youre wonders what got us to the doorstep, not quite, its very simple. Its bigcap Technology Stocks apple a good part of the reason, moiismt the secondmost important, and, of course, a suite of semiconnect or stocks like nvidia. Tame, re that mean reversion trade . Center stocks rallied, why they were greatly beaten up. Thats
Nada this is bbc world news america. Reporting from washington, im nada tawfik. Stuck in a stalemate, President Trump demands imm the senate after his impeachment this week, but House Speaker nancy pelosi has yet to take the next step. Ayes to the right, 358, the noes to the left, 234. Nada backing brexit, mps and parliament giveme the p minister the support he needs to the eu. Ons exit from reaching for the stars but coming up short, why boeing plans to launch to the International Space station did not go exactly as planned. For those watching on pbs and around the globe, welcome to bbc world news america. The u. S. Capital has been the scene of historic drama this week, donald trump becomingth oy third president ever to be impeached. Now lawmakers have left for a holidayny break without agreement on the next steps in the senate. President trump has pushed for an immediate trial, but house spker nancy pelosi has not indicated when she will send over the articles for consideration. Thi