As well as declines in cases across the u. S. Not just big tech winners, jawdropping moves for individual stocks. Roku up 11 . Dicks Sporting Goods up 15. Urban outfitters up 20 weve got them all covered for you. 59 minutes left, what is set to be another record close for s p and nasdaq all we need is a positive finish kayla, welcome. Thank you, sara thank you for having me. Feels like record finishes every senile day we have a great lineup of ceo interviews coming your way on the rest of the show well me with the head of Toll Brothers about his companys strong Earnings Results and whether the Housing Market can keep topping expectations over and over again plus shares of crocs you heard me up. Up 300 just since march we will ask that companys ceo what is driving the foam footwear boom. And also the ceo of etsy says amazon is trying to wipe out its competition by supporting a New California Consumer Protection bill he will join us to discuss that and much more. Its a big show today. Bu
Debates backtoschool, voters are not allowed to see or hear him say those words. Almost immune. We have a lot more on this, believe me. Lets get straight to your money. An economic indicator, here it is, 1. 19 million new jobless claims. That is the lowest number since the economy tanked. It is very good news for the recovery. The trend in new claims is flat out down. The dow industrials taking a little heart from that. We were lower, now were going to be up maybe 30 odd points. Not much of a gain. Theres a lot of green on the lefthand side of the screen. The market story is the march to new highs. The techheavy nasdaq already hit several records this week. The dow is at the 27,000 level. Thats up 8,000 points in four months. Theres a lot of very positive news in the background. Positive vaccine news. That helped. Dr. Fauci says well have tens of millions of doses of the vaccine available early next year. Heres another plus. If congress doesnt come up with a virus relief package, the p
Has a safe haven . Taylor i have been seeing that. You take a look at the companies with great free cash flow, balance sheets, expanding operating margins. You take a look at the nasdaq 100, or the big tech, today was the exception, but coming into this, six of the last seven days, the nasdaq really gaining. Faang today outperformed even though it was lower. I have heard that tech is providing a little bit of a defensive position when it comes to the health of the balance sheets. Apples another Company Really leading today. In the in six of the last seven days, apple has gained more than 1 in every day. Share, it to 350 per saying the iphone 12 could start the road to recovery. He is confident that the eye of the storm is now in the rearview mirror, at least from a demand and supply chain perspective. You are seeing apple, some of the other big tech stocks really leading on hope and optimism. Emily meantime, big news potential in the food delivery space. Ubermmond reporting that has ma
Whoa. Im walking on sunshine. Whoa. Im walking on sunshine. Whoa. And dont it feel good. Hey. Lauren welcome to fbn a. M. Dont you feel good . The markets feel good. I feel good. Im lauren simonetti. Thanks for joining us. Cheryl we had a really nice record run for the dow last night. Good morning,ism cheryl casone. Lets take a look at your money this morning. The dow did close above 29,000 for the first time in history, s p hitting record territory last night and look at this, again, you sick of green numbers, the dow is up 65, the s p up 8 and a quarter, nasdaq up 30 andahalf, again watching these markets this morning. Lauren phase one, that signing really propelled the green on the screen. Were seeing it in asia as well, but perhaps some concern about what comes next. The shanghai composite in china the only red arrow on that board, down half of 1 overnight. Cheryl taking a look at europe, those markets obviously a little bit of a mixed bag here this morning. The ftse slightly in th
The senate. She says she doubts there will be a fair trial, as if the hearings in the house were fair. Senate leader mcconnell speaks to this at 9 30 eastern this morning. Speaker pelosi holds a News Conference at 10 45. Now, the markets, thats already passed judgment. Impeachment is of no consequence to investors. Its irrelevant. Maybe they actually believe it helps the president in the 2020 election. Look at this. The day after the Impeachment Vote, the dow is going to go up just a fraction at the opening bell, and down a fraction on the s p, down a fraction on the nasdaq. In other words, no selloff at all. Stocks remain right at record levels. Well, it is going to be a fascinating day for politics and money. Statements coming from the speaker and the Senate Leader. Tonight, the sixth democrat debate and throughout the show, you will see the president in fine form at his rally. Varney company is about to begin. After three years of sinister witch hunts, hoaxes, scams, tonight the Hou