The s p up 11 the dow up nearly 13 on pace for its best month since january of 1987. The nasdaq up about 12 . Check out the small caps because the russell 2,000 is up almost 21 in november alone. Thats the stock world but, melissa, our other favorite topic, bitcoin thats been moving a lot, too. Maybe joes favorite topic, at least bitcoin after recently hitting 16,000 were seeing it recoop some of those losses in recent days its up by almost 2 today, above 18,000, 18,540 guggenheim is reserving right for 5. 3 billion Macro Opportunities Fund to invest up to 10 in the Gray Scale Bitcoin Trust which is only invested in bitcoin and of course this follows many large investors including stanley drunken miller voiced support for this krip cro currency, joe. Yes, it has been getting traction interesting recent trading and good to see you, melissa and andrew its tough to come back from vacation, but having you here, melissa, i dont know, it just makes me feel very, very comfortable, happy my he
Stimulus and higher bonld yields as well which reversed and went the other way. Dows down almost 300 points is this art of the deal or do traders really need to pare back their bets over stimulus lets get right to maike santol for the market reaction. What stands out to you right now . First of all, its an incredibly clean test of where the market was and what it was trying to bake in over the course of this rally which as will fred said was whats really fascinating too is the news came as the s p 500 was just hitting these levels that everyone has been saying oh were going to give room to this rally to get to 3425 and then well see what happens we were just above that in the afternoon and then we had this little reflex. I would caution everybody to keep in mind that we dropped to where we were trading yesterday morning right after the close. So there has been a little bit of a head of steam and builtup gains in this market this doesnt necessarily completely alter the premise of what w
C caugh it, i heard about ts drug. I said letet m te it. It was my suggeson. I sd let me take it. Anddt was incredible the way it worked. Incredible. Andd ihink if i didnt catchch it, we w would b looking at tha like number of other ugs. Butt did a fantastic jo iant to get for you what i got. Anandm goioi to make it free youreotot goi to o pafor itit hite house Officials Say president trpp wasackk wking in the ol office on wedndaday. The president s physician released a statement saying his oxygen levels remain normal and he has been symptom free for er 24 hours. The statement also said test results showed the tesble levels of antibodies in trumps blood on monday. Meanwhile, republican Vice President mike pence and cattic Vice President ial candidate Kamala Harris are set to take the debate stage. The event is happening in the Western State of utah, where cases of covid19 are on the rise. At harris request, plexiglass barriers have been installed between the podiums. The trump administ
Net income coming below estimates. Revenue jumped by one third. Jeff bogged shows us joins us later on. China tensions rise further. U. S. Colleges are being told to offload holdings of Mainland Companies amid warnings of a wholesale sale of stocks from american exchanges. Shery lets get you started with a quick check of the trending markets. U. S. Futures opening flat. This after reaching a record high. Finally passing the february high after failing several times in the past week. The s p 500 was led higher by consumer stocks. Propelled by tech shares. The quickest rebound on record. Fastest ever return to a record after a drop of at least 20 . We are still headed for the fifth straight month of gains. The longest winning streak since september of 2018. Take a look at the dollar at the moment. Still under pressure after it fell to the lowest level since may of 2018. Gains itte most of the got during the u. S. China trade tensions in the past two years. Heres how oil is trading. Wti h
Its up 9 you think about the Digital Infrastructure for fitness, a time when its kind of hit or miss whether people can gather inn provides some of that not just in the bikes but in the apps spotify up almost 7 twilio, which provides payment and tracking services, data services, those apps up 7. Service now, amazon up considerably most of those stocks also up quite a bit over the past few day days youre right on peloton, wedbush puts them at 66 saying a blowout quarter is possible. Mark may joins us this morning to talk more about this. Mark, good to see you. Welcome. Thanks for having me back after a week when people wondered if this trade was still fresh, is today another reminder that its hard to keep this narrative down sentiment in the tech sector among investors varies depending on the time horizon especially now with earnings. Investors in general in tech are bullish. I know that for the most part Stifel Research analysts are bullish over the medium to longterm. There are differ