To president elect biden Energy Continues a monster move higher the oil and gas etf up 13 in the last two days. Despite the steady increase in covid cases vaccine developments are continuing to help the likes of the airlines, cruise stocks, retail all surging higher today as we cross that 30,000 level once again, to check it we are still above it will we say that 59 minutes left to trade. 29 points above it. On todays show, two voices to help explain the dows record rise in just a few minutes Jeremy Siegel will join us and later Liz Ann Saunders plus former testry secretary jack lew will discuss president elect biden pick of janet yellen to lead his treasury administration. Lets get the latest from wall street mike santoli is tracking the action to led us to dow 30k. Certainly the story today because of that big round number i am going to keep it consistent, though, and take a fwlims at the s p 500. Similar look in every respect in terms of getting back up pretty much to an alltime hig
Im becky quick along with joe kerr de kernen and Andrew Ross Sorkin. After two days of optimism, the get out there again trade was on turned around a little bit yesterday. We did see people rushing back to the stayathome stocks as covid cases and momentization hs continue to climb. And some states are imposing restrictions and the nasdaq ended up 2 after being down monday and tuesday. Yesterday the dow ended flat, right now indicated down by about 115. Never made to the record, still waiting circumstanling around tt s p 500 down by 2. 5 and nasdaq indicated up another 51 points this morning these were the stay at home stocks, amazon up, apple up 3 , zoom which had gotten hammered, yesterday up by almost 10 took c docusign 5. 2 and netflix 2. 2 and treasury yields, yesterday it was closed for veterans day this morning it is open and you can see the ten year still around the very heightened levels, again, not historically, but based on what weve seen in recent history within range of 1 a
Francine i agree. The sports angle is extremely significant, and i hear more people say what does it mean for the future . If you have so much power and are able to bring so much pleasure to so many people, that seems to be the future of where this is headed, unless we get a vaccine. I was looking forward to seeing about inflation and if the Central Banks are right in saying we shouldnt believe all the hype, or if we get a vaccine, even if it is quick, it will be a cureall. One of the things we will explore further in this hour. Tom election 2020 is still ongoing. And somehow weekend stagger through the holiday season. You wonder what the news flow will be about 8 00 p. M. Tonight within the United States of america. In new york city with our first word news, here is karina mitchell. rejecting President Trumps claims of widespread voter fraud. They say last weeks election was the most secure in American History and there is no evidence any Voting System deleted, lost votes, changed vot
Joe biden making that final push to win over voters just days before the election. Brian sullivan lays out the big guide in one big battleground stooit stat state. And well go live overseas into the deep dive an app hes success. Youre watching World Wide Exchange good morning, im dominic chu in for Brian Sullivan. Lets get right to how the money and the markets are shaping up right now as you have been seeing in the corner of your screen, stock futures are indicating a lower open, right now the dowism app isdow implie nearly 400 points. S p by about 49. And the nasdaq lower by 220. Well get in to that more. Stocks are looking to cap off what has been an incredibly turbulent week the three major indices are now done between 3 and nearly 6 so far in just that short time span alone. It is also the last trading day of the month and october proving to be a tough one for investors. The dow down nearly 4 , the s p down 1. 5 . And the nasdaq with a fractional gain, although we know the nasdaq
Continuing through the pandemic. Plus what will 125 million buy you . One of the priciest deals to close in l. A what pandemic . This is thursday, august 13, Worldwide Exchange on cnbc welcome and good evening from wherever in the world you may be watching. Good thursday morning. Thank you for joining us we are the Worldwide Exchange. The exchange is what People Exchange money for stocks. That apparently is going just fine, thank you very much. Stocks up again on wednesday the s p 500 now up eight of the last nine sessions and closing in on a record high. We are six points from a new record cloeing hising high. Futures may be too far futures are mildly lower we are not down by much. The nasdaq reporting the first fullday losing streak maybe trucks should replace tech dont look now but the transport index up 11 days in a row. That has not happened since october of 1992. When end of the road by boys to men was the number one song in america. You may wonder if this may be the end of the r