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
It will beevie says to salesforce what instagram was to facebook. Planning a new set of chips to outperform intel. What it means in the next generation of macs and more. First, u. S. Stocks dropped monday amid a surge in case of covid19. We are expecting to hear more about the Vaccine Distribution as states try to outline the doses, how many they will get, and one. Lets get to Abigail Doolittle with the latest on how it is played out in the markets. Breakdown that and what is to come this week. Abigail an interesting day we have had big gains on positive vaccine news and this week the vaccine will start to be distributed in the u. K. There is some expectation that will happen next week, but we had a bit of a down day in some of the indexes. We had strength is the nasdaq 100 and other techheavy indexes. The nasdaq 100 up a nice day in a row its longest daily winning streak going back to december, 2019. That strength, emily tesla the stock up 7. 1 , continuing to store up till it will be
Day of trading, but the Broader Market was done a bit for the week. Disney plus blew away expectations, can they give netflix a run for its money . And a wave of celebrities are getting into spacs. My colleagues, ben levisohn, carlton english and jack howe. Ben, a tale of two markets. Everyone was so excited about doordash and airbnb x then the market slud a little bit. Finish. Thats right, jack. Ipos got so much attention, it was almost as if the rest of the market didnt exist. I know i had to go check to see how we were doing on the week. Airbnb, as you said, more than doubled on its first day, doordash gained 86 . There have been 19 ipos that have doubled on their first day this year, and thats the most since 2000, the dot. Com bubble. Despite all that, the market did finish down just a little bit, the dow was down 0. 6 , the s p was off 1 . And its really bad data, jobless claims, but i think it was really more about political fear. Jack so stimulus, i know those negotiations are s
Day of trading, but the Broader Market was done a bit for the week. Disney plus blew away expectations, can they give netflix a run for its money . And a wave of celebrities are getting into spacs. My colleagues, ben levisohn, carlton english and jack howe. Ben, a tale of two markets. Everyone was so excited about doordash and airbnb x then the market slud a little bit. Finish. Thats right, jack. Ipos got so much attention, it was almost as if the rest of the market didnt exist. I know i had to go check to see how we were doing on the week. Airbnb, as you said, more than doubled on its first day, doordash gained 86 . There have been 19 ipos that have doubled on their first day this year, and thats the most since 2000, the dot. Com bubble. Despite all that, the market did finish down just a little bit, the dow was down 0. 6 , the s p was off 1 . And its really bad data, jobless claims, but i think it was really more about political fear. Jack so stimulus, i know those negotiations are s
Day of trading, but the Broader Market was done a bit for the week. Disney plus blew away expectations, can they give netflix a run for its money . And a wave of celebrities are getting into spacs. My colleagues, ben levisohn, carlton english and jack howe. Ben, a tale of two markets. Everyone was so excited about doordash and airbnb x then the market slud a little bit. Finish. Thats right, jack. Ipos got so much attention, it was almost as if the rest of the market didnt exist. I know i had to go check to see how we were doing on the week. Airbnb, as you said, more than doubled on its first day, doordash gained 86 . There have been 19 ipos that have doubled on their first day this year, and thats the most since 2000, the dot. Com bubble. Despite all that, the market did finish down just a little bit, the dow was down 0. 6 , the s p was off 1 . And its really bad data, jobless claims, but i think it was really more about political fear. Jack so stimulus, i know those negotiations are s