Investors are shrugging that off as stocks look to rally at the open. One name that may not rally is zoom. Shares of zoom are sinking yeah, in the premarket, work from home stock taking a hit from a rising free user base and increasing cloud costs and we have vaccine optimism, moderna and pfizer filing for emergency use and Vice President pence says vaccine rollout expected to begin in two weeks carl all right jim, i guess the question of the morning is whether that rotation, that worked historically well in the month of november, still applies. I think were running out of gas in terms of the oil and gas and focusing on exxon. Stock may not go down, giving the dividend, it says, look, were at wits end and the big Exploration Development period for exxon, market leader, u. S. Leader, is i think now over. We are following were following europe and japan and i think that we forget that you come in today, and you look for all sorts of reasons why were up and up strongly except we dont look
We try to live in the moment, to not miss whats right in front of us. At mutual of america, we believe taking care of tomorrow can help you make the most of today. Mutual of america financial group, Retirement Services and investments. Additional support has been provided by consumer cellular. And by and by the corporation for public broadcasting, a private corporation funded by the american people. And by contributions to your pbs station from viewers like you. Thank you. Sreenivasan good evening, and thank you for joining us. One week after being named president elect, joe biden said today that he is getting closer to naming his cabinet. The president elect and his wife jill, surrounded by secret service agents, were out for a bike ride this morning when reporters shouted questions about the president ial transition. Are you any closer to making a cabinet decision . Yes. Sreenivasan the bidens were near their Vacation Home in rehoboth beach, delaware, where they spent several days. I
Encourage president trying to continue his nonserious. You know fight for you know this the stealing of this stop is new in this election right now the current president looks like hes digging into his bunker as joe biden won the election and donald trump went golfing supporters cheat him on the way back to the white house for much of red America Donald trump is still very much the president. Lets bring in u. S. Correspondent susan was gonda in washington d. C. Hi sue me a trump is not backing down but there are still more than 2 months to go until Inauguration Day what can we expect to happen during that transition period. Well a lot can happen during that transition period and 1st and foremost joe biden has made clear that he is tackling the covert 1000. 00 pen to make as his biggest priority and he has announced already that hes creating a task force of scientists and experts on monday and that they will draw up plans to fight the virus and we heard also in his acceptance speech yes
On the coronavirus aid package. Senators are likely to talk about that upon the floor. Now to live coverage of the senate on cspan2. The president pro tempore the senate will come to order. The chaplain, dr. Black, will lead the senate in prayer. The chaplain let us pray. Eternal god, our rock of safety, hear our prayers. Help us to live that the generations to come will know of your mighty acts. Today, give our lawmakers the hearts to seek, find, and follow your will. Lord, guide them in the path you have created, inspiring them with the potency of your powerful presence. May they trust you in adversity and prosperity knowing that they will reap a productive harvest if they persevere. Lord, we trust you to lead us with your loving providence. We pray in your merciful name. Amen. The president pro tempore please join me in reciting the pledge of allegiance to our flag. I pledge allegiance to the flag of the United States of america, and to the republic for which it stands, one nation u
Not showing any signs of slowing down as daryn mentioned new york is the hot bed right now we have John Lawrence with the very latest. The covid 19 pandemic is growing exponentially we see cases doubling every 3 to 4 days for 4 consecutive days this week the us had its deadliest day of reported deaths due to the virus mrs. They 5 of corn teen in day 5 of widow, good for me. And then were clicking off one day at a time and now the United States is the epicenter of the disease with the most cases in the world youve got to hunker down nail down mitigate mitigate mitigate. Get the people taken care of thats what you got to concentrate on you have to go with the data vaccine trials are underway and the shutdowns and restrictions across the country remain in place to slow the spread of the disease. But no state has seen a decrease in cases which means the us probably has yet to hit the peak. I want to be clear the worst days are still ahead despite the uncertainty of what lies ahead the medi