How retailers are shifting Sales Strategies online this Holiday Season then, questions over astrazenecas vaccine trial, what the ceo is saying this morning. And finally what a salesforce acquisition of slack means at this hour. Right back at you in terms of this market action, we have seen it a lot, mike in terms of the dows performance this month there has been some rotation lets start there. Somebody this morning saying aerospace is up 40 . Which frankly i did not necessarily know it has been that strong in that short amount of time does it continue in this rotation or do we have to watch this in last day, day and a half of trading there has been a stutter step in that rotation. We had a couple of these since march. One of them peaked in june now it has been very, very aggressive aerospace is part of the industrials group. Industrials fully kind of got back to precovid levels and the valuations of industrial stocks are well above where they were based on expected earnings eight month
Continue to will investigate each and every instance of illegal voting. Double voting, phelan voting, people voting outofstate. Outofstate. I want to remind members of a few matters, some of them required by the regulations accompanying House Resolution 965, which established the framework for Remote Committee proceedings. First, members are reminded to on atheir video functions all times, even when they are not recognized by the chair. Members are also reminded that they are responsible for muting and unmuting themselves and to mute themselves after they have finished speaking. Staff have been instructed not to mute members except when a member is not being recognized and there is inadvertent background noise. Members are further reminded that they may only attend one remote hearing at a time. If you are participating today, please remain with us during the hearing. Members should try to avoid coming in and out of the hearings. Particularly during the questions. If during the hearing
Alphabet seeing outsized gains and treasury yields are under pressure giving back some of their recent pop, thats weighing on the financials the Kbw Bank Index is down around 3 with 59 minutes left in the session, banks one of the few decliners, sara, broader markets ripping up. We have a great lineup of guests over the next two hours to help make sense of the election, the market and your money. In just a few moments Guggenheims Scott Minerd will join us with his take on the rally and later we will hear from long time pharma exec fred hassan about the impact of the election on health care, those stocks zooming higher, plus kyle bass with a take on what all this means with the u. S. Relationship with china and bob diamond will weigh in on the banks. Lets get straight to the market rally that is happening. Mike santoli tracking all the action. You see a move like this, its very sudden, very dramatic in response to a widely watched known catalyst and you have two things, one is whats the
Experiencing of the week conditions that were bracing for on sunday and so that is obviously in our favor right now. I know that if this fire started on sunday night things would be vastly different we talk all the time daniel give us some perspective i know all red flag warnings are not created equal how bad it is this one thats coming sunday night monday. Well we definitely dont want to sound like a broken record as we have been in and out of red flag for the last several last several weeks and really the last several months this wind event that we are expecting to see on sunday will bring a extremely strong winds winds that we have not really experience this fire season in fact the last time we saw winds this magnitude and this widespread really in the 2017 and north bay fires so when the tubbs fire yeah was fires burning in sonoma and napa counties and we know how destructive those result so yeah, definitely its been a destructive year definitely bracing for what could be the stron
You can imagine about just what happens next not only with the election. Certainly the president s health and the president s own duties. Joining us now bay area congressman Jared Huffman who represents parts of the north bay congressman thank you for being with us tonight your first reaction when you heard last night that he has covid and then when you heard late this afternoon that hes going to be hospitalized. No thank you for having anytime the president of the United States has a health problem, its its a serious issue. And i wish who has contracted covid full. Hes in the best hands, the best medical hands we have in this i hope the doctors at walter reed are in charge of the president has surrounded himself with some. The some quack ish medical doctors as well so im hoping that hes letting the top notch folks at walter reed call the shots at this stage i think if they do theres theres every reason to believe that they dont have a a cautionary tale obviously when you have someone