A michael its nice to have you with us u. S. President elect joe biden has addressed the nation for the 1st time since claiming victory in tuesdays election bided was speaking in his home state of delaware alongside Vice President elect Campbell Harris their running mates emerged victorious after taking a clear lead in the swing state of pennsylvania after 4 days of vote counting. Up the dots. But will a new dawn soon be upon America Joe Biden has one power promising just. To a country that has been living through a year of pandemic and on rest the veteran lady is promising to bring a new book. The bar tells us to every day there is a season a time to delve trying to return to time to sorrow and a time to hear. This is the time of day here in america. Alongside biden a woman who says shes determined to heal the countrys rice who divisions Camilla Harris will be the countrys 1st female a minority Vice President she did the key to victory to the Civil Rights Movement and said it will hel
Into his bunker as joe biden won the election and donald trump went golfing supporters cheat him on the way back to the white house for much of red america dont know trump is still very much the president. Lets bring in our u. S. Correspondent. In washington d. C. Greetings to me as we speak the United States is waking up to a new era in history hows the mood there. Well its been a pretty quiet morning here mike i walked by the white house and there was a lot of cleaning up going on at black life better plaza where everyone saw there were huge crowds rally there yesterday and a party that continued into the night these were joe bidens supporters who were celebrating and there is a sense among them at least of the relief and jubilation but as we saw in that report among donald Trump Supporters there is disbelief and frustration and anger as well particularly as a some of them dont recognize that joe biden has been elected and from the white house itself while were hearing reports from t
Acknowledges like robinhood yesterday restricted trading in gamestop and other volatile stocks. Robinhood eased up on those restrictions today but the backlash has been fierce. Here is reaction from conservative radio host Rush Limbaugh and bar stool sports Founder David portnoy. Its not just political now. The elites are Bent Out Of Shape that a bunch of average, ordinary users have figured out how to make themselves billionaires. Everything is rigged in favor of the elites. This has upset the rigging. I think its criminal. There has to be an investigation and people have to go to jail. Whether that actually happens i dont know. But ive never been more convinced about Market Manipulation and the people, the hedge funds controlling the game. Harris robinhood ceo is defending the decision. Watch. We had to make a very difficult decision to protect our customers and our firm. This decision was not made on the direction of any market maker. We are in a historic situation there is a lot of
North carolina, and ohio whether we will get a clear result tonight remains to be seen the tenyear note level higher than since early june. Banks among the best performing stocks in the dow and the s p. Oil prices are gaining ground but the Energy Sector is the only in the red. Overall a broad based strong day on wall street. Following gains yesterday as well lets get straight to the big stories we are watching. Mike santoli is here watching the market rally. And ylan moi is following the all important balance of power in the senate for us mike santoli, welcome. Good twoday run in the markets. It is inhabiting the ground we were in the last half of last week and gone right to the middle 3,400 is the middle of the long threemonth range. If you think about it it has taken two days to lift the indexes back onto a balanced footing. We were pretty oversold last week challenged and tested the september lows bounced off of that today. Make sure folks are not leaning too much in one direction
Down, along come the rebel populous traders to say not on our watch. How big does this get . Welcome. Im neil cavuto. This is your very well depending on the stocks, profitable world. Not so great for the conventional market which is taking it on the chin because namely washington will take its investigations to gamestop and a host of others and all of these others that have been jumping far and fast. Susan li on the end of week theatrics that i dont think are ending on this end of the week. Hey, neil. The gamestop readit frenzy has taken wall street to unchartered territory. We have never seen volumes like this before. Its making investors nervous. The dow jones breaking below 30,000 this afternoon for the dow and the s p finishing the first month of the year lower. While it was a major selloff, the gamestop rally was backed on and amc and express and cost. This after robinhood allowed their traders to trade again raising a billion in cash to ensure they have enough money to clear the