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Generation he says. Meanwhile it is jobs day that november jobs report out this morning two and a half hours time 8 30 a. M. Eastern, economists expect 469,000 jobs added to economy with the Unemployment Rate ticking down for a 7th straight month to 6. 8 ahead of the jobs number futures are higher in the triple digits. Dow industrials right now up 136 the nasdaq up 48 and s p 500 higher by 13. After a mix performance yesterday, all three major indices poised to finish the week in the green with a the dow industrials yesterday at 85 nasdaq up 27 and s p 500 weaker by two and a quarter. Taking on big tech, President Trump going after the new defense bill that has no repeal of section 230 of the Communications Act. Threatening to veto it if it is not changed. We are taking a look at that. Plus somebody is watching m ....
When the adp is released for last month. Take a look, tripledigit gain right out of the gate. The s p is up 15 and the nasdaq higher by 39. The easing of lockdowns raising hopes of economic recovery and fueling markets again yesterday, s p 500 and nasdaq up 3 days in a row with dow up 267 points at 4 00 oclock on wall street yesterday. Mark zuckerberg defends leaving President Trumps posts up. Investigating the origins of the russia probe, Rod Rosenstein testifying before the senate today, he approved the third and final fisa renewal to surveil carter page. Mornings with maria is live right now. Global markets this morning with a firmer today. Take a look at indices. Cac quarante in paris 89 and as lockdowns ease up encouraging nine the euro zone meanwhile. Take a look at euro zone purchasing Managers Index up from 12 i ....
Week yeah. This is the expiration day so what happens is you actually its tomorrow, but people are trying to prep it what happens is rusty braziel explains to me, the rollover from the may contract to june occurs tomorrow. The reason that happens is because the may futures price converges with cash and expiration so in other words, youre looking at what the real price is its not the futures price so what happens is that imagine if youre producing at 32 a barrel, 33 a barrel like occidental, thats just youre hurting nobody can make any money at these prices rusty points out that after seeing this, the next month, it might go to zero and thats i think a lot of it is because where will you put it maybe keep it in the ground. It is extraordinary and jarring. And i think its causing the decline. Carl, whats so amazing, it was completely predictable thats why maybe the decline isis really overdone if its based on oil if its based on other factors, i dont know it looks like oil is bringing th ....
Stock higher and helping the idea that maybe this rally will continue. If there is an effective treatment for those who are severely ill with covid19, the economy can open more quickly than expected. Alphabet put up a better than feared quarter as well, helping the risk on rally. David tech helping to lead the way. Thank you so much for abigail doolittle. We are all anxious to get the economy going again but we want to do it safely. We welcome a man involved in making the plans for restoring the u. S. Economy. It representative don beyer of virginia, a democrat and vice chair of the joint Economic Committee in the house of representatives. Thank you for joining us. Give us your take on the fans being to on the plans being discussed, federal combined with state. Are we where we need to d are we where we need to be in the plans to get the economy going . Rep. Beyer no, but we are moving in the right direction. Most of the states ....
Next for oil stocks kiging off in the red theres more than 750 cases 5 750,000, i beg your par doon well talk about that and more as we kick off this hour we kick it off with the markets in terms of Stocks Holding steady as energy is in a free fall. Its the story of the day. It will be the story of this hour lets get to bob with the set up for these markets. Bob. The important thing is we are well off of the lows. Industrials weak Consumer Staples are weak. Were not getting any bounce at all from those defensive plays that done so well for us in the last several weeks like proctor, cocacola. Not much energy there today. One good piece of news, the banks after a rather rough week, the etf bouncing about 6 from its high to low. The key regional banks are trading up most of them were trading to the down side. Finally, just on oil, had a lot of inquiries about uso and all these ....