Doug Hirsh News Today : Breaking News, Live Updates & Top Stories | Vimarsana
Stay updated with breaking news from Doug hirsh. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Top News In Doug Hirsh Today - Breaking & Trending Today
John malone with the legendary media icon has to say about the covid19 virus, direct to consum consumer, streaming, so many other topics we hit in our hour long shutdown. The ceo of goodrx, we had him last week, since then, amazon came into the business what does it mean for his business carl, well ask that question amongst others. Yeah, thats good stuff for this hour, guys. Jim, we talked for last week and a half about the fact that a path to the vaccine would face some setbacks and clearly new york city schools, new state of emergency in wisconsin, speak to that i think that one of the things that we needed was a bridge, which would be stimulus, to the vaccine we dont have the stimulus were getting terrible numbers, we have half the country that thinks the numbers are okay, given the fact that the death rate hasnt skyrocketed. We have the other half, were saying, look, if we dont do something about it, then the Healthcare System< ....
Of optimism into the market. Thats sending a huge swath of the markets to record highs, as president elect joe biden gets clearance from the Trump Administration to begin preliminary transition protocols. Yes, it crashed through the 30,000 ceiling but can the dow close there . Heres what you need to watch in the next call it 59 minutes with me. The dow has got to be up 359 points for a brand new record. But were above 30,000 and that means we are up about 437, just 29 points above 30,000. So you get to do the math there. The s p has got to be up 49 points. We are at the moment up 55. No record for the nasdaq, but it did pop above 12,000 for the very first time and we are still there, 12,026. The russell, im not going to ignore it. I know you russell fans. These are the small and midcaps. Any gain is a record. The dow transports also about to close at new alltime highs. We are watching it all so closely. But as the markets sa ....
Take a hit. The covid consumer, walmart, home depot and kohls among retailers reporting earnings today. Walmart says ecommerce sales up 79 . And elon musks billions, tesla getting a spot in the s p 500. It is among the highest valued companies to ever enter the benchmark index and musk is on top to become number three, that is the third richest person in the world. Indeed, guys. Well start with the retail picture this morning, jim, youve been vocal as to the investor response on home depot and walmart. I guess thats related to the news out of amazon. Look, by the way, those stocks do tend to run up in the quarter and sell off thats nothing new a more aggressive amazon is always something we have to Pay Attention to i remember when amazon bought pill packs, the drug stores got killed i also point out that walmarts online david, thats not going to go away you can argue someone is going to argue thats the peak i would argue that amazo ....
Liz let me be clear, hes right, the fed moves the markets. Stocks thank you, charles are stinking, are sinking think kind of are stinking [laughter] as big tech selling of apple, amazon, facebook offsets j js vaccine, theyre not able to lift up this market. The dow looking at its fourth losing day in five. We are down 465 points, low of the session down 475 or so, so were just about there. S p is losing 66, the nasdaq hitting a new correction low, down 291 points. The nations top pandemic fighters from the fda to the cdc and more testifying on capitol hill just one day after american depths from the coronavirus deaths from the coronavirus trooped 200,000 topped 200,000. Well take you to d. C. For all the drama. Meanwhile, one tech company that helps americans get cheaper Prescription Drugs making its debut on wall street just hours ago. The coceo of good rx is here for his instant to his stocks day one pop and what he can promi ....