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the stock has been on a roller coaster over the past year but dan thinks it s primed to pop. we will bring you the name and more the biggest stock story of the day, the week, months year so far. the worst day in eight years after a company executive warned the coronavirus in outbreak could delay deliveries tesla slumping 17% the pullback follows a nearly 40% surgeon monday and tuesday so is tesla s record run, guy, finally run out of juice. i m not pretending to answer that because we don t know. but the last two days in context when had a stock trading 12 million shares a day traded over 100 million from monday and tuesday and obviously we had volume again today a lot of people have been blown out on the shortside new people in. for the short-term i think that s as close to a capitulatory top as blow off top as you see doesn t mean the move is over by any stretch and we ll have somebody on speaking to than but in the short-term i think you saw everything you need to ....
low. if the spread is a tiny bit steeper in the u.s.. david: i m not sure how to. let s take a look ahead. we will look at the details from the meeting of the fat and the european central bank. janet yellen will be speaking. philip hammond produces the u.k. budget statement. thanksgiving is thursday. the retail shopping season kicks off in the united states with black friday. alix: i ve got a list of things on amazon i m waiting to all the trigger on when the price goes down. the big news over the weekend was the failure of angela merkel to put together a coalition and form a new government. three government democrats walked out last night after failing to overcome differences on immigration and other issues you if you look at the euro, it is lower than rebounded and then rolled over a little bit as we heard more aggressive talk and question marks about who would be the leader. the dax is recovering from a seven-week low. we are joined by matt miller in berlin it. mil ....
as we speak. first, we start off with breaking news on alphabet. the parent company of google let s get to josh lipton for all the details. reporter: melissa, big breaking news here on alphabet which is just now announcing that as of its next regular board meeting, eric schmidt will be transitioning he ll be stepping down from his position as alphabet s executive chairman, instead becoming what is described here as a technical adviser to the company importantly, he will continue to serve on the board schmidt saying here in a statement, melissa, in recent years i ve been spending a lot of time my time on science and technology issues and philanthropy and i plan to expand that work. of course back in 2001, google s founders brought in schmidt to help scale the business, a company that now does more than $75 billion a year in annual revenue. schmidt himself worth an estimated $14 billion. i m told this transition has been talked about for about a year it will be inte ....
dow surging # 00 points breaking through a key record before taking a reversal. ayman jaggers is a of the the white house with all the information. reporter: they are trying to get steve bannon on camera to answer a mystery, did he answer questions of the house intelligence committee or not? we know he was there, arrived earlier this morning there are reports he was asked by the white house to not answer questions pertaining to the white house. of course, the most interesting questions that the intelligence committee will have for steve bannon relate to the white house. the question is, did he or did he not answer those questions. later on this afternoon, the white house put out a statement not exactly denying that they asked bannon not to talk and sarah huckabee sanders, the white house press secretary, was asked about why the white house wouldn t want steve bannon to talk, even though she would not specifically say that they asked him not to talk. here s how sarah h ....
after a 1000-point drop? higher, it seems. here s abigail doolittle. abigail: we re looking at a rebound rally for the major averages. dow,e open, we have the s&p, and the nasdaq higher by more than 1%. it is similar to what we saw on tuesday. not quite as frenzied as what we saw on tuesday, but nonetheless, sharp snap back after yesterday. the dow down more than 1000 points. lots of uncertainty and volatility. as he happened to the bloomberg and look at the s&p 500, futures overnight into today, the trading action, we are going to see this story. teachers had been higher, higher, futures had been higher, higher, higher command and lower. we have seen these whipsaws around the week. what is next for stocks on this correction officially yesterday, not so much right now but on this correction that seems to have come out of nowhere. is the factf pain that the major averages have been overbought. perhaps stocks went too far, too fast. .his is g #btv 3006 this is in re ....