Happyorning everyone, monday. Pmis are coming in. Those numbers and go straight to the market and have a look at the positive news out there and how market traders are taking this. Falling. Area a touch worse than expected. Is a touchng pmi better than expected. Interesting to see the difference between services and manufacturing. What thek at the market wants to focus on, its after that vaccine says preventing 70 of cases. Global stocks are advancing. Focusing on the encouraging news from vaccines across the world. The astrazeneca one done with oxford is not as efficacious as the other one but you have to keep it at a much higher temperature which distribution could be that much easier. Not at all discouraging. Good morning. Over in the u. S. , president elect joe biden is aideing for his longtime as secretary of state. Thats according to several bloomberg sources. Former Hillary Clinton aide Jake Sullivan is expected to be National Security advisor. Could come ast soon as tomorrow. R
How americans malls are getting creative during the age of covid19 live, from cnbc global headquarters, the facts, the truth, the news with Shepard Smith. Good evening, for many of Us Thanksgiving wont be the same tomorrow not close. It is a holiday bringing family and friends near and far and thats what this virus thrives on whether you are serving a turkey or zooming this year, remember the pandemic is ripping through cities and towns from coast to coast and the data shows it has no signs at all of slowing down. Just yesterday 88,000 people in america were in hospitals sick with covid it is the 15th straight day that hospitalizations hit another all time high. Deaths theyre on the rise, too the u. S. Reported more than 2100 people died yesterday. The most deaths since may according to johns hopkins, the numbers are obviously troubling. The doctors and scientists assuring us there is light at the end of this dark tunnel. Two weeks from tomorrow, fda will meet to discuss whether pfizer
Plus, shopping with sharks. How americans malls are getting creative during the age of covid19 announcer live from cnbc global headquarters, the facts, the truth, the news with Shepard Smith. Good evening for many of Us Thanksgiving wont be the same tomorrow, not close. Its a holiday centered on bringing family together and friends with us from near and far, and thats what this virus thrives on so whether youre serving up turkey or ordering takeout or zooming it all this year, remember, the pandemic is ripping through cities and towns from coast to coast, and the data shows it has no signs at all of slowing down. Just yesterday 88,000 people in america were in hospitals sick with covid its the 15th straight day that hospitalizations hit another alltime high. Thats from the covid tracking project. And deaths, theyre on the rise too. The u. S. Reported more than 2,100 people died just yesterday, the most deaths since may according to Johns Hopkins the numbers are obviously troubling, but
Are made after winning the fda approval. Linda severe is the first to gain fdarst approval. President trump used it when he had the coronavirus. Lets see sydni joining the fray and this fridays session. Week ofto the last trading. We are seeing pretty modest gains at the start of trading. Under 1 10. The aussie dollar is showing strength. Broaderitting against a drop kiwi stocks are just moderately. Going out to stir up merck conversation as to when they would feel to take a break and negative territories. Markets are looking at that in the early part of next year. The kiwi dollar is holding firm. In terms of what else we are watching, and the japanese markets, we are seeing a pretty lackluster start to trading there. Singapore is expected to drop a little bit later as well. Story,to our top President Trump and joe biden are preparing to face offer a second and final time. Their last debate will be in nashville in a couple of hours. The biden camp is saying that they are repaired for p
Good morning, everybody. Welcome to squawk alley. Im Carl Quintanilla with jon fortt a fortt. Weve seen risk off behavior in europe we watch both covid19 developments and system husband hopes. Dohm is going to break this down to start the hour. We were down in the early parts of the session so far. Just after the opening bell. 300 point decline. You can see here were still hovering near. 75 decline for the dow and s p 500 about 1 p as it has been for the past couple months now, the nasdaq has really been the outperformer or underperformer on down days as you can see here. Continuing in that trend today 11,616 there 1. 25 declines overall take a look at the nasdaq so far, were still continuing to kind of hover near the record high levels. Not so far away from them right now. Finding some support over the last couple of months here with the nasdaq now down 1. 3 there still is a renewed focus on many of the Technology Names that are driving some of the action for instance, the momentum tr