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
News cribber john solomon are here, joining me in the you 8 0. Earnings season rolling of on. Big banks on deck this morning. All the numbers as soon as they hit the tape and impact on markets. Broader markets pointing to a gain at the start of trading, dow industrials up 84, nasdaq up 28, the s p 500 up 10 o 10 poin. Yesterday stocks were sluggish over weak Quarterly Earnings and halted covid19 vaccine trials. At the end of the day, the s p 500 was lower by 22. Shiny now apple, the Technology Giant unveiling four new iphone 12s ss for your convenience. Coping tips from outer space, astronauts have isolation advice for the weary public and its making a buzz this morning. Mornings with maria is live right now. European markets in the green, take a look. The fq100 up 14, the cac is up 1 andahalf and the dax index higher by 15, fractional moves this morning in europe but to the upside. A mixed story overnight in asia, as chinese president xi jinping is calling for young People Living in h
I cant see me loving nobody but you meanwhile, gold and bonds are booming. Can these assets continue to rally together i thought it was the loving spoonful. The turtles ding ding, nice job by tim welcome. We love it when youre here. I know its a long day whats the question . Now at 24 times forward earnings continuing to make alltime high s to answer your question, where can you still be we havent said this in a vacuum something is happening in the gold they gold mining stocks are breaking to the up side. Im not even sure its a great question theres a lot of things that should be flashing caution on the there. Three year lows on they. What is a healthy market, is really the question. If you own cocacola, peppist, mcdonalds, starbucks, these are defensive stocking probably going higher, and the valuation probably doesnt even matter. Staples hitsing new highs, bonds going up, bitcoin going up, stocks going up. Whats the message in that its really simple. Now if youre just looking at the
This that sort of optimism helping things out the dow futures implied to open up about 118 points higher this comes after a decline for the markets yesterday. The dow was down about 180 points yesterday you saw bigger declines in percentage terms from the s p and the nasdaq with the s p down 1 , and the nasdaq down by 1. 5 . This morning green arrows across the board. Nasdaq indicated up by 67 points the s p indicated up by 14 if you want to look at the overseas markets in asia, you will see the nikkei was actually in a situation where we have green arrows this morning in europe, but the nikkei down by a half percentage point. Shanghai down by 0. 2 . Hang seng ended higher by just over a tenth of a percent. In europe there are green arrows across the board look and youll see right now the dax is up by 0. 6 . Its the biggest advancer of the major averages there everyone looking better this morning after though comments from mnuchin look at the treasury market. Tenyear note yielding just
I think that powerful to have watch all of our programs on our website, cspan. Org. We are going to leave this here to take you live now to the u. S. House of representatives. Where members will be working on a Senate Approved version of a fiveyear reauthorization of funding for the federal Aviation Administration. The house is also expected to take up a bill to provide transparency on pricing for tickets for events and lodging purchases. And one in support of Law Enforcement during National Police week. Live coverage of the house here on cspan. The speaker pro tempore the house will be in order. The prayer will be offered by chaplain kibben. Chaplain kibben would you pray with me . Holy god, we seek you first this day. Graced with power and privilege, we humble ourselves to be subjects of your kingdom and agents of your righteousness. God be in our heads and in our understanding that our knowledge and fear of you would be the beginning of all wisdom. God, be in our eyes and in our see