You will do a data check better than me. What i would look at is the news flow that is out there, and the clear message i get in every conversation is corporations are adapting and adjusting to a slowing economy knowing theres vaccines are out there. Obviously, the celebration yesterday. Jonathan and that is the market celebration, societys celebration about the outlook, not the here and now. President elect joe biden talking about a dark are to come a dark winter to come. Saying he bold might be full. Just a little bit of pessimism, or at least questioning the euphoria of the last couple of weeks. Tom you see it in the minutia right now. Spx and dow have green on the have red on the screen. The nasdaq has green on the screen. The real debate is what happens second and Third Quarter next year. That is what all of the yearend outlooks are going to be. I know you read every word of every yearend outlook. Jonathan i wonder how many will have to be rewritten over the next few months. Tom i
If confirmed, she would be the first woman to hold the position. Promising stynes leader to have u. S. Coronavirus Vaccine Program says astrazenecas shot could halt severe covid. Welcome to the program. Futures in europe pointing higher. Futures in the u. S. Pointing higher and a number of uncertainties removed from the markets thinking over the last 24 hours or so. One of them is who is going to be treasury secretary. Somebody the that market knows ery well in the shape of janet yellen, somebody that has considerable monetary experience and fiscal experience. The other uncertainty is the transition at the white house. That seeps to be looking a little smoother given the headlines we have seen over recent hours. The asian picture benefiting from all of that removal of uncertainty i described. Something more complicated happening to the japanese market which had been doing well prior to being closed. It seems the Trump Administration in its last days still has some tough time to be toug
Good thursday morning im Carl Quintanilla with jon fortt and Julia Boorstin is with us for the hour. Stocks in a whipsaw range, down a couple hundred up 100 here. S p 500 up 25 or so after the dows near 1,000 point loss yesterday. Worst day since june on pace for the worst month since march. But then you get a stock like pinterest. Good guide coming up, going against the grain. Julia, remarkable price target increases. Basically doubling what some analysts saw the stock trading to yeah. A lot of positive responses to those numbers there. Really a beat across the board, carl what is so interesting to me is what we saw in this quarter from pinterest is last quarters results were not just a blip but that this is a company that could stand to benefit over the long term from some of these trends were seeing during covid19 there is some surprising, funny Little Things like the fact that pinterest grabbed four million new users due to the fact that people are going to pinterest to find inspir
The candidates key messages. Stocks finding strong footing after a recordshattering Third Quarter u. S. Gdp report and word that Speaker Nancy Pelosi and treasury secretary Steven Mnuchin still have the stimulus lines of communication open. But the major indices are still far from recouping this weeks losses so far. The dow at the moment up 270. That is a 600 point swing from peak to trough and back up again. The nasdaq up 234. Could all of this change either up or down in an hour, when americas tech titans report earnings . The three tech ceos who faced congress yesterday face shareholders today. Our tech panel with what to watch ahead for facebook, twitter, google, apple and amazons Quarterly Reports. As the coronavirus cases spike, we have the chipotle ceo on how his restaurant chain is preparing for the second wave. Plus, when are quesadillas coming back on the takeout menu . Can we get to that . Hes coming up in a fox business exclusive. Weve got this. Investors are waiting with b
Plus, so that is a little bit of a lift that is maybe not identified within the euronext. Go, Kevin Cirilli could not sleep this weekend. This is exciting. Ranting cap it is exciting. I have been excited for the last two weeks before this because it is the polls, it is the final stretch. How much campaigning are joe biden and donald trump doing in the next two weeks . Tom it is going to be huge. These guys are in the final stretch. Money is an issue. We will talk a lot about that. Martin schenker joining us in the next hour. What is exciting about this is it gets back to basics. President trump is out there in nevada this weekend. He is in arizona today. Francine there are very few undecided voters from what i understand, and several people have already gotten out the vote. 52 of those are women. Lets get to first word news with ritika gupta. Ritika good morning. In china, economic recovery from the pandemic continued in the third quarter. Ago,ose 4. 9 from a year less than expected bu