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Years. That is the best month of the year, im connell mcshane. This is the closing bell. Time for news of the hour. Jackie deangelis in new york, blake burman in white house, Hillary Vaughn with the president elect in delaware and Edward Lawrence in washington with the latest on the covid19 relief deal. A lot of moving parts well get into. The market is back in rally mode. Good afternoon, jackie. Reporter good afternoon, connell. Well talk about the records we set today with the s p 500 and also the nasdaq. Look at the gains there we beat what we were expecting handily. You only needed 16 points on the s p and only needed seven on the nasdaq. This was a strong broad based rally today what is interesting big tech continues to gain on this momentum and continues to go higher from there. Facebook, apples, amazon, microsofts of the world are continuing to climb up. That is somet ....
The speaker pro tempore on this vote the yeas are 228, the nays are 164. The bill is passed. Without objection, the motion to reconsider is laid on the table. The speaker pro tempore for what purpose does the gentleman from louisiana seek recognition . Thank you, mr. Speaker. Mr. Scalise i ask unanimous consent to speak out of order for inquiring of the majority leader the schedule of next week. The speaker pro tempore without objection. Mr. Scalise thank you. I also ask unanimous consent to revise and extend my remarks. The speaker pro tempore without objection. Mr. Scalise with that, id be happy to yield to my friend, the gentleman from maryland, the majority leader of the house. Mr. Hoyer i thank the gentleman for yielding. Mr. Speaker, on monday the house will meet at 12 00 p. M. For legislative business. Members are vezzed that votes are expected are advised that votes are expected as early as 2 00 p. M. I want to repeat. That were going in at 12 00, votes can be as early as 2 00 ....
Nasdaq declined. 82 there is only one thought. Good, they all got a chance to buy. Not long ago on days like this we say oh boy, i got to get out of here while it is getting good who knows what it is going to happen with this thing it is going to roll over now we often see pull backs like this as opportunities that are too precious to swander. How do we explain the new mindset . I think because we broken the tyranny of the indexers. When the fed says something positive or when we get solid employment number. Either way, we were in the throw to these big macro events. They control everything. Not anymore. These days macro does not matter very much. And etf buyers have stopped reacting to this stuff instead they react to the opportunity so when stocks come down, these people step up and actually start buying, make it much harder to have a hideous selloff you know what there is nothing new about this less lock steps opportunity mindset. This was the old new normal of the index funds 20 ye ....
Here in Alameda County and any other purple tier county. I spoke to the owner of the dirty bird lounge in hayward, and hes worried this curfew is not only going to cost him money, but hes worried he might lose some bartending staff. I think a lot of them will probably just go back on unemployment. Its unfortunate. Reporter eric had big plans for december. With Indoor Dining off the table, the owner of the dirty bird lounge in hayward paid roughly 10,000 to build an outdoor patio for his patrons. I was hoping to have it open the beginning of december. Right as this is all happening. Yeah, i signed a lease literally just yesterday. Reporter this afternoon, a stunning announcement out of sacramento. Starting this saturday, he and his staff will have to shut down early, cutting into his weekend hours, which is when he sees the most customers. It will probably be like a 20 to 30 dr ....
The nasdaq just inches up. 2 . It spent a lot of time being way down of what a very ugly swoon the house of pain. I get it values is lagged investors are dumping gross stocks at some point today it is pretty much breathtaking fashion. Someone watching these rotations coming and goes over decades of observations tell me how it works well before we gotten the opening bell around 4 00, 4 15 every stock seems to be indicated higher it looks like a big broad base movement that could reverse a huge chunk of last week selloff between five and six being led by tech. There is just one problem. Inge investors have no idea whats coming in the next 48 or 72 hours or however long it takes to count the vote. Everyone is sick of the election they want to make some money in spite of it not because of it. I dont think anything will withstand the fire in the actual Election Results at least not the short term. Traders are determined to make money ....