Airbnb expected to go public this week. Analysts saying it will surprise above its target despite all the headj winds the travel industry is facing. Well explaint iwhy ase xdp lunch starts right now. Thank you, ty the dow pullingqback but still above 30,000 only six dow stocks are higher right now. Teq apple is one of fthem the dow industrialso so far today as well as theee nasdaqe pos t composite and russell 2000 each have hit a record high intra day despite the fact the the dow is lagging, only up 5 and 13 gains over here for the Overall Index for the russell 2000 look at other parts of the market were also watching as well look at the semiconductor. Dze cord highsf pushing the semiconductors, possibly a leading indicators for the rest of the markets and another set of record highs tesla. Billion, would make it close to around the sixth biggest stock in the s p when it eventually goes in. That happens before the open of business on december 21ste1. And perhaps Short Co
The session. High intraday high russell 2000 continues its high but it, too, has faded during the session. The russell flat, the other indices negative coming up in todays show, well ask allianz chief economic adviser Mohamed El Erian about todays highs plus, the president of shopify about the companys new partnership with alipay mike santoli, tracking the market action. Meg tirrell has more news on pfi zechlt rs vaccine data and phil lebeau, covering the boeing 747 max. Mike, start us off here. Weve been dealing with a couple of issues, the market being a little stretched on the upside after that strong rally month to date. Over bullish sentiment has had a hard time getting traction, but no damage done at this point on the year to date chart were slightly above that september high by half a percent nothing damaging really happening here i wanted to zoom into the last ten days of trading or basically really more like eight days of trading, back to last monday, week ago monday. Pfizer n
Have voted so far. 100 million voted already. More are going to vote today. Pres. Trump a vote for biden is a vote to eradicate your auto industrys. Mr. Biden my message is simple. The power to change the country is in your hands. Tomorrow we can put an end to the present who has fanned the flames of hate all across this country. Pres. Trump i am running against a very sleepy guy. He happens to be a corrupt politician. Mr. Biden it is time for donald trump to pack his bags and go home. Pres. Trump this election comes down to a very simple choice. Do you want to be ruled by the corrupt political maniacs that you are dealing with, or do you want to be ruled by the American People . Alix going us now is bloombergs aquatics bloombergs nick waddings. What are the numbers . Reporter the big time we will know things at about 9 00 a. M. At about 9 00 p. M. Eastern time in the u. S. At that time, we will have a pretty good idea of where florida is. Once we know where florida is, is goingnow joe
White house in the east room. With 400 of his closest friends. Thanks to mary a parker. Emily wilkins is covering the biden campaign. Emily the Vice President began his day in delaware. He visited the grave of his son beau biden. He said his sons passing was part of the reason he decided to launch this third for president. He visited scranton pennsylvania and is now just leaving philadelphia. We are expecting him on the stage in wilmington, delaware. We do not know whether we will be able to have a president ial announcement at that point, but we are expecting joe biden to address the nation. David Emily Wilkins will be with us throughout the evening as well as she covers the Vice President s campaign. The markets have been watching the election closely. We turned to Abigail Doolittle for what they are telling us today. What are they saying. Abigail we have investors interested in stocks. A very big rally on our hands. The s p 500 up 2 , its best day since june. Investors wanting in. I
Good to be with you. Im annemarie green. We are going to begin with new pushback from joe biden against President Trumps refusal to accept the results of the election. For the first time president elect biden addressed mr. Trumps unwillingness to concede, calling it an embarrassment. The Trump Administration is blocking the transition process, but mr. Biden is moving forward with his plans for the white house. Debra alfarone is in washington. Debra, how is president elect biden preparing to take office . Reporter hes appointed his Coronavirus Task force, hes spoken to world leaders, now without that formal transition, though, the state department isnt involved in the calls with world leaders, they would normally be, and the biden team, they could take legal action but so far, theyre not moving in that direction. President elect joe biden is preparing to take Office Despite President Trumps refusal to concede. I just think its an embarrassment. I think it will not help the president s l