Lets begin with a check on stocks lets welcome in brian belski. Thank for having me ambitious call. How do we get there . This will be a transition that takes several months if not into the year you, well into 2022 the unprecedented price moves in 2020 are going to turn into, we think, unprecedented earnings move in 2021 we think financials, Consumer Discretionary will lead the way. Were maintaining our stance of being neutral on technology and Communication Services over the next three to five years theyre by far our favorite sector in terms of growth we think this is going to be a turn around in terms of Earnings Growth theres no doubt that the vaccine is helpful, no doubt stimulus will be helpful, but theres also no doubt we are going to have more stayathome orders in the United States and therefore the stayathome stocks will do very well the bull market continues, we continue to believe that march 23rd, we dcontinue to believe that march 23rd was the controlaltdelete were bullish w
Prime time tonight. There is speculation he may claim the title of commander in chief. We shall see. But reports out of the Trump Campaign are that the president will not concede until recounts are completed in states ranging from pennsylvania, where votes are still being counted at this moment, to a couple of others that we have just showed on our screen. Our fox Business Reporters are standing by live in the crucial areas with the latest developments. Pennsylvania, arizona and georgia. Meanwhile, as team trump yells election fraud, there is no talk of one thing. Foreign hacking. We have got the ceo of the company that state and local governments turned to for keeping their Ballot Systems safe. Matthew principles is he mathew prince is here on that. We wrap up the strongest week in seven months. The october jobs report, we will show you that, big gains but also signs the Pandemic Recovery may be slightly slowing. After a big runup this week, the Dow Jones Industrials down 116, less th
Welcome to squawk alley. Im Carl Quintanilla Julia Boorstin and jon fortt are with us for the hour the dow session alone was down 236. Were slightly off that s p 500 is off the early lows as well zoom helping to lead the nasdaq 100, john. Looking forward to disney and cisco earnings to night. That is definitely true, carl the big themes, protect investors today. Number one, game on. The play station 5 from sony is shipping and in stores as of today. Joining the x box series x this marks the start of the biggest console refresh. Really the only major console refresh in seven years its happening during pandemic lockdown and then youve got china. I mean coming off of a record breaking singles day where the chinese Online Consumer is flexing. We have to think about that exposed deadline for tiktok to do a deal in the u. S. For those assets i dont know if the president is interested in shutting down tiktok anymore fair to say his attention is elsewhere. Thats right, jon today was the day wh
Way. What sent the cryptocurrency sit to its highest level in nearly three years. We start tonight with the story thats front and center for investors, and all of americas right now. Thats the vote counting under way in five key battleground states plus alaska eamon javers has more on where things stand at this hour. We havent really moved all day today, as all the vote counters around the country are doing their jobs biden 253, trump 214 in the race to 270 joe biden has more paths to 270 now than donald trump does, but its not over for either man lets start with arizona you can see where we stand in that state theyve been giving us new data throughout the day that is 11 electoral votes available there. Nevada was giving us data throughout the day still too close to call with 89 of the vote in in nevada georgia, another state where were seeing an interesting move by the biden camp, making a run at a historically very, very red state. 49. 5 for trump, 49. 3 for biden a difference there,
Morning at least a crisp start and a bit of a foggy start to although things are beginning to brighten up now is that fog or treats towards the coastline. Temperatures will be comfortable this morning before a warm afternoon before moderate air quality really takes over yet again that afternoon for the north bay, especially up towards mendocino and lake counties air quality at its worse with poor conditions still up there. Well better green conditions will remain closer to the coast. 50s and 60s for your current temperatures were starting to see temperatures climbing now as things get brighter and brighter pittsburgh livermore at 63 each fairfield are warm spot at 64. Still 40s in santa rosa and say holding up. Later today will be in the 80s for san jose 70s and oakland and San Francisco. Robin. All right. Thank you john another problem on the bay bridge heading into San Francisco this morning, one crash cleared on the eastern span. Now we have a crash involving a motorcyclist west of