Or highs just yesterday alone. Bit of a pullback today. As for the nasdaq, yeah, it closed above 12,000. There was a massive runup in tech stocks again, a pullback is to be expected, and take a look at that, thats what weve got. Got it. Next, vaccine news. Very positive. The centers for Disease Control is telling states to get ready for Vaccine Distribution on a large scale come november the 1st. Which vaccine . Dont know, but this is a firm date and, of course, its right before the election. And it is exactly two months to the election, and the two campaigns are in high gear. Joe biden has reversed himself. He will travel to kenosha today. He said he wouldnt go, now he is going to be the comforter in chief. What will he say to the burnedout Business Owners . President trump goes to pennsylvania. Hell speak at Arnold Palmer airport just east of pittsburgh. Ive got a feeling hell talk about fracking. Stay with us, please. Youve got to say what Speaker Pelosi is saying about her break th
It was uncorrelated. We will do that in the data check coming up. Francine longer data checks today. Lets get straight to the bloomberg first word news. Heres karina mitchell. treasury secretary Steven Mnuchin and House Speaker nancy pelosi are working to avoid a government before the election. They wont let the stalemate over virus relief legislation hold up a stopgap spending will. Allow the government to stay in operation through the new fiscal year. To , the president tried to get out of visiting graves of marines killed in world war i in france. He reportedly said, why should i go to that cemetery . Its filled with losers. He denies that account. Were trying to take michael right hold michael when theynto custody shot him. Report is outbs at 8 30 this morning. He economists project the Unemployment Rate to drop below 10 for the First Time Since march. Global news 24 hours a day, on air and on bloomberg quicktake, powered by more than 2700 journalists and analysts in more than 120
For 2017. Nbc news reports that russian president Vladimir Putin was personally involved in the campaign to disrupt the election and divide American Allies by undermining the u. S. As a credible Global Leader. Good morning. Welcome to street signs. Big day with Global Markets reacting to the fed decision. In europe a decision coming from the Norwegian Central Bank. The expectations going into the decision were for the rates to remain unchanged. Thats the decision from the norges bank today. Rates unchanged at 0. 5 . The dollar just a quarter percent weaker. Interesting that we continue to see the dollar index moving higher overnight after the fed expectations for next year were more hawkish. The Norwegian Central Bank says activity in the economy is picking up at a somewhat slower pace than projected, and that prospects of inflation will be lower than projected as well. This will come as interest to many who have been watching the moves in oil prices, wondering if a sustained momentum
Launch drone strikes. Bill ackman sold his entire stake for at least a 2. 8 million loss. Will tell you all about that. Filings showed that verizon suggested killing the deal as a result of that breach. Bullet Marissa Mayers the same documents showing that the outgoing ceo will get a 23 million severance payout. Markets look like this this morning. They are expected to be done about 20 points us money. Theyre also negative. We have the ft 100 higher. Down a fraction. Numbers look like this. The narc markets were very close to the flat line. Nothing that was so stunning except the korea index. A billiondollar issue a deal that is what lots of ball. Join me to talk all about it the Global Economics editor. In the Kings College professor. Good to see you. Thank you for getting in today. A snowy day. Thats good. In your assessment of that report. Yet to be careful putting too much weight on these things they overestimated how may people many people were going to get insurance. The puts him
Security not to release a major report showing troubles with the Border Security . We have disturbing details on that one. David a lot of fascinating stuff coming up. To the market, dow ending up nearly 180 points with all 30 of the dow stocks in the green. Oil climbing as well. Phil flynn, Fox News Contributor and at the cme and lori rothman on the floor of the new york stock exchange. Lori, four out of five days, 100 points move on the dow up or down. Im getting seasick. Reporter big reason for this, buckle your seatbelt, david, it will get more friday. They have expiration friday, quadruplewitching. Funds are rebalancing in all kinds of industry, gold, reits, s p stocks. It will get crazy tomorrow. That is the direct word from the floor. We had economic horrible news, retail output, that according to that the fed wont raise Interest Rates when it meets next week. Bad news is good news kind of day, riskon day on wall street. I mentioned the horrible retail sales for last month. Look