Watch booktv this weekend on cspan2. President biden has picked Denis Mcdonough to head the Veterans Affairs department. He previously served as white house chief of staff during the last four years of the obama presidency. His confirmation hearing he was asked about veterans access to healthcare, modernization efforts in the das responds to covid19. This is just over two hours. [inaudible conversations] [inaudible conversations] i i want to call this evening to order. I want to welcome everybody. I appreciate all that are here, all those that are online. The purpose of this hearing is due from the i president s nominate to serve as secretary of Veterans Affairs, Denis Mcdonough. Before i talk about him i just want to say i appreciate this committee all the reasons we sat on this committee thats been bipartisan and its been nonpolitical, and we tried to do the best by our veterans whether you are the republican side for the democratic side of the aisle. I particularly appreciate the re
Decade with your love and sacrifice sore throats and first moments. Thank you to my staff in the chamber today who are in colorado and washington and made so many great things happen and whose difference will be felt for generations to come. You leave a mark on the country far beyond the etching of a signature and thanks to my colleagues, senator bennett thank you for the honor of serving along your side and serving to the Nations Capital to please the staff to the support staff inhe the senate wo make it all possible. But above all most importantly, thank you to this great and extraordinary nation for all that it means it represents. The optimism that for two centuries has led people around the globe to give up everything they had just to be here, to be part of this nation, to then turn around and fight through the political strife and pandemics to go to the war to save the union, to know how lucky and blessed we are that out of all of the billions of people through the thousands of y
We will talk to him about what is ahead for 2020. He is the amazon executive who resigned over what he called vein of toxicity running through company culture. Those stories in a moment but first, tech earnings trickling out today. Abigail doolittle is with us. Abigail there was some action later in the day. Another sleepy day for much of the day for stocks. Record highs for the s p 500 and the nasdaq. News came out from pfizer, another headline that pfizer, the doses they will be able to provide for this year expected to be half of what had been anticipated. When the headline came out, it read very bearish. Stocks initially took a leg lower. The s p 500 going down three tens of 1 . A decent intraday move. The s p 500 finishing down for the first time in three days. The nasdaq, however, managing to keep a small gain and a record high on the date. Pfizer really slipped, 1. 7 . The barclays bond etf up 8 10 of 1 . Tones of riskoff, uncertainty around the pfizer news. Pretty interesting,
Forces in afghanistan has found credible evidence of multiple war crimes. The report also details 39. 00 on the lawful killings of civilians or prisoners justice persian considered in detail. 57 allegations of incidents and issues. He found there to be credible information to substantiate 23 incidents, of alleged unlawful killing of 39 people by 25 straw un special forces personnel predominantly from the special air service regiment. The Prime Minister of ethiopia says Government Troops are close to victory over local forces in the region. Aids beginning to arrive, addressed camps in sudan for those who fled the violence. Thousands of crossed the border in the past 2 weeks. I mean is Prime Minister remains under pressure to step down after his country signed a deal to hand territory to john rallies organized by both pro and antigovernment. Protesters have taken place in the capital yet of on some of the demonstrators were soldiers who fought in the region of mcconnell. The number of co
We welcome you on the simulcast. Bloomberg radio and Bloomberg Television across this nation and worldwide. This due of news is just extraordinary. An important moment will be Lawrence Kudlow after the jobs report. But jon, i want to talk for a moment about the markets. Affected. Oeing come up 5 . Igit 13 on the s p 500 yeartodate, and the nasdaq 100, lisa has loaded the boat on the nasdaq, up 38 . This is a boom and great bull market. Jonathan record on the nasdaq, just off that on the s p 500. The market has ignored all of the bad stuff over the last month and held onto all of the good stuff. Does that change in 29 minutes . The payrolls report, the estimate for hunted 60,000 the estimate 460,000. Tom Kevin Cirilli talking about the enthusiasm to get something done. We will talk about that in the moment. I love what greg peters of pgim said in the opening credits, the idea that everybody is looking for every bit of yield. To me that has been undersold story this week about how other