87, the russell small caps up 20 , its best month ever can the run continue and moderna says its ready to file for emergency use while novavax announces a second delay in its late trials we have the details. P power lunch starts right now it wouldnt be a record rally if there werent some bumps along the way. Was today just a oneday pause or something more . Lets go to bob pisani for more. Hi, bob. Hello, kelly. It actual its actually not a bad day. We were down 447 points, weve regained almost half of that if you look at whats down today, Energy Stocks, some up 30 for the month. Thats down. Bank stocks, another amazing rally. Look at this, tech is up apples had a monster day, up overall some of the semiconductors also doing well health care is down fractionally, thats a defense of group if you look at whats going on for november and the value cyclical location, this must be an alltime record for Energy Stocks banks up almost 20 , industrials as a cyclical group. So theyre not selling t
I have the honor to serve as the dean of the school of business. 2020 marks 100 years of purpose driven in education since our inception we believe in the power of partnerships to inform and change and i would very much like to thank the center for Global Security analysis. And survived n and the latest book j. P. Morgans fall and revival how the wave of consolidation changed americas premier bank. Im proud to say j. P. Morgan is the largest employer of the schools graduates and i know many of them are on today. A few ground rules first president and ceo of the museum of American Finance will introduce Nicholas Sergeant and th the fall and revival following the discussion david and i will facilitate audience questions and ask that you type your questions in the q and a section and the speaker will do the best to answer the questions. As a participant. They will be notified by the end of the week and before i turn over to david to introduce, i want to take a moment to remind everyone th
500 futures up about one third of 1 . Ftse futures higher by 2 10 of 1 . Unbelievable to see a zillion euro in the mix a resilient euro in the mix. The story is the equity market yesterday. The more cyclical sectors, bottom of the pile in the u. S. And europe, Energy Stocks having a tough time of it in 2020. Annmarie they have. Both sides of the atlantic, energy getting pummeled. That brings us to bp results. The first of the oil majors to report earnings kicking off the week. Adjusted net at 86 million. The estimate was for a loss of 116. 8 million so that is something that will boost bp. Is expected to fall in the fourth quarter. So far, it is not looking too bad. Analysts were expecting a loss because right now, the refiners are having trouble turning a profit because demand is so low. When you turn that crude into things like gasoline, the demand is not there. The volatility buying all the oil and selling it at a higher price, that saves a lot of these majors in the last quarter an
Well in many states. Businesses are holding back from spending amid the pandemic and stimulus talks appear to be at a standstill once again with leaders from both sides accusing one another of moving the goal posts in the negotiations. Unlikely we will get a stimulus before the election. 59 minutes to go, dow down 2. 2 . Lets get to the stories we are watching right now as stocks fall sharply mike santoli is tracking the market selloff for us. Which parts he is watching in particular meg tirrell digging into the latest covid numbers mike, whats the broader take on what is happening today average bit of a rethink on a mull pent fronts the idea that covid might cause more business disruption last week the s p 500 was skirting this boundary between this sort of breakout level we had and around 3,400 we are actually below that right now. Did a little bit of damage s p and the nasdaq fell below the 50day average the s. A. P. Warning probably evented the nasdaq from doing a better job of sup
Colorado tonight a ne millionw threat the raging the news with Shepard Smith. And historic early voting. More than 452 million ballots cast we go inside the numbers live from cnbc Global Headquarters the news with Shepard Smith. The facts the news with Shepard Smith. The truth the news with Shepard Smith. The news with Shepard Smith. Good evening 11 days until the election now the last debate is in the books and the final Campaign Blitz is on both candidates making their closing arguments as covid cases and deaths rise dramatically across the country President Trump is in mustwin florida the news with Shepard Smith. While joked is going hard after his handling of thmily hes quie pandemic we are more than eight months into this pandemic and the president doesnt have a plan. He has given up the news with Shepard Smith. He has quit on you he has quit on america he wants us to grow numb and resigned to the horrors of his death toll and the pain it is causing so many americans. President Tr