Saying hes been terminated. Drug giant pfizer says its covert 19 vaccine looks to be 90 percent effective sparking hope that the global outbreak can be brought under control. President elect joe biden is still warning of a dog when to head off to the u. S. Infection count pos its 10000000. We begin with breaking news in the conflict between azerbaijan and armenia in the disputed region of the going to cut back on me as Prime Minister has announced just in the last hour or so he signed a deal with azerbaijan and russia to end the war nicole delivered the news via a statement on his Facebook Page saying the agreement would come into force on cheese day. He described the decision as unbelievably painful but one which had to be made her Armenian Forces had just lost control of a major city in a going to come back not far from the regional capital. Lets go to a binge of aid who is in the capital of the by john who bring us up to date what is the latest that youre hearing. Well weve just hea
Razor thin margins in places like georgia. Tom i do want to note, very importantly, the japanese out to new strength moments ago. Joe biden out to new strengths, and theres no question the key gone bidenrgia has ever so slightly. Ahead for mr. Es biden in georgia. Jonathan everyone doing the math and saying the passed for the president just gets narrower and narrower. The president overnight continuing to push back in a uniform manner from the whole campaign. Tom really extraordinary to see that. I know we will have some images of that press conference last night. , wethose of you worldwide will have our experts on that. What is so important to me is the idea that this is just not the president. He has galvanized trump nation to send a message out that this is fraud. Georgia, pennsylvania, nevada, arizona, the counting continues. That is the focus through this morning. Toa we are waiting to hear see whether we can pencil in joe biden as the next president. That does seem to be what is
You can see the dow is reacting. The nasdaq has turned positive by. 1 or 12 points and we are entering, of course, the most crucial month for the retailers. Many stores still shut down but the stocks are rallying, especially Department Stores, as you see right there. Look at the macys, and nordstroms. Once again, power lunch starts right now. Thank you, tyler im kelly evans. We begin with the markets this hour the dow was up 11 in november that would be a good year. It would certainly make it the best month for the index since 1987 up 25 today. Dom chu has more on the action its a catchup trade for the dow. It has been for the better part of 2020 lagging behind certainly the nasdaq composite and in some cases the s p 500 as well. Remember, the green lighne, the nasdaq far outperforming other indices. Now the dow trying to play a little bit of catch up here. A good month for the dow shaping up well see if it holds as we head towards december another big thing to watch is whats happening
Research and development at the ministry. And they gave their condolences to the supreme leader, ayatollah khomeini. And the nation. Ethiopias government has denied claims the Prime Minister is rejecting talks with leaders from tikrit 3 african union. Special envoys met with the Prime Minister made in there is pushing for a resolution to the weeks long conflict. He told them he would only speak to representatives operating legally in the region. A day ago, the army was ordered to carry out the final phase of its offensive and move in on to graze regional capital. Thousands of farmers have gathered in indias capital to demand the government scrap new market friendly laws, which they say damage their livelihoods. As some have marched for hundreds of kilometers to find a new span. Thousands of people have attended antigovernment rallies in thailands capital, demanding the resignation of the Prime Minister prodi of china. They want a new constitution and reforms that would limit the powers
Moment. It is moving markets, but theres a lot of stuff percolating. The Dollar Strength really has my attention. I would go to the news released in the 5 00 hour of the reports that mr. Netanyahu met with the crown prince of saudi arabia. These really havent been vetted out by the israeli or saudi government yet, but i wonder if that helped a little bit as well. Jonathan i dont know about that, tom. News, dollaraccine weakness, can we touch about that a little bit more . The dollar taking out the lows on dxy. Es, we will see how bbdx do and the others. What i would note is the mexican peso. Comes through, hits 20 this morning. That is just one little snapshot of the complexity of e. M. Pairs doing well. Dm,than from e. M. To everything stronger against the u. S. Dollar. Yields up a couple of basis points. Lisa, good morning to you. Supply coming through the week. Lisa we will be getting 190 billion of debt, fiveyear notes. I dont know if you did this reading over the weekend about the