Highs. Coming up a busy news day, and a series of big interviews as well. The ceo of gap, jonah snngal, her first interview since taking the job in march talking about the post covid lavin escape and the partnership with kanye west. Plus we have patrick frisk with his partnership with steph curry. We will discuss the fierce competent anything footwear. And salesforces deal to buy slack is expected to be announced today after the bell we should get those details. And sales details also out after the close. Looking forward to that. Slack up a little bit today. Lets get to the Market Action mike santoli is tracking it. As stocks moving higher but off the highs of the session. For three weeks they have been mostly sideways around the recent highs right now we are a little less than 1 above the intraday high from november 9th. Est that was the day the election was called. Then you had the vaccine from pfizer that was right in here intraday high. At a record. 67 above the march 23rd low righ
For a u. S. District court judge in ohio. It is also the first opportunity for members to speak on the floor sense election day. Watch live Senate Coverage on cspan2 and the house on cspan. Amtrak president and ceo William Flynn was on capitol hill to testify on how the coronavirus affects the Passenger Rail system and what amtrak is doing in response. The Senate Commerce of science and Transportation Committee also heard from representatives of the freight Rail Industry and about the challenges they are facing as a result of the pandemic. This hearing is just over two and half hours. Order. Thank you all for being here, good morning. Today the committee can means to discuss the status of the National Rail network in the country is 140,000 miles of freight rail in class one railroads over 600 freight railroads and thousands of Companies Using braille to ship products and raw materials, we also have an intercity passenger real service amtrak operating on 22000 miles of the same network
United states. Its stoned to each and every vote its the race to the white house is heading for a full 2 finish with the gap not donald trump until biden in the battleground states. Democratic and republican supporters trade calls to count every ballot dollar trump a game that makes on the proven claims of folks are frauds. And after deploying troops and ethiopias north the president to clear is the region a no fly zone to stamp out a separatist struggle. And im far as well have all the days sport including a miserable night for ac milan as they suffered their worst ever european defeat at the san siro. But its been 3 days since election day but americans are still waiting to find out who will be their next president. The race to the white house is headed for a 4 to finish with every hour narrow in the gap between donald trump and joe biden well heres the overall picture there are just 4 battleground states left to catch any one of them could give joe biden the win now hes just pulled
Thanks to pfizer well have a vaccine by the end of First Quarter that news sent the market soaring. The dow is only surging 830 points that tech heavy nasdaq, the demand of so many stocks that did well under covid19 tyranny lost in an astounding 1. 53 . What a bifurcation it is also the time. We are in the middle of a spike of infections. New cases are exploding over the country, over 100,000 a day and even the weekend we are much treating it in the spring that only matters if we have enough hospital beds a lot of people are having cavalier attitude. Hey, you are fine unless you are old. Well, guess what, a lot of us are old. The sense is understood and respected. When you have more than 100,000 new infections everyday, you are looking at a lot of fatalities we need this the truth is we tried to fight the pandemic state by state. That failed. Europeans are failing too, i know, asia is doing great. If we were serious of Contact Tracing and social distancing and wearing masks, we may be
Order. Thank you all for being here, good morning. Today the committee can means to discuss the status of the National Rail network in the country is 140,000 miles of freight rail in class one railroads over 600 freight railroads and thousands of Companies Using braille to ship products and raw materials, we also have an intercity passenger real service amtrak operating on 22000 miles of the same network including over 500 stations. Todays first panel of witnesses will feature mr. William flynn ceo of amtrak and the executive director of the Development Corporation in Montana Development association who will testify remotely. Todays second panel will include mr. Frank Vice President Global Supply chain on behalf of of the council testifying remotely, mr. Randy, the president and ceo of the association, the chairman and National Council testifying remotely in the association of American Railroad and mr. Dennis pierce, president teamsters real conference testifying remotely. We appreciat