Work and no relief in sight. Speaking of relief, the top democrat in the Senate Chuck Schumer has republican Majority Leader Mitch Mcconnell agreed the rekindle talks about a stimulus package the senate is on recess through next week. We will speak with Colorado Governor Jared Polis who just moved 15 counties including denver into level red restrictions he is also part of a group of governors speaking with president elect biden this weekend. Plus we will talk with the ceo of the National Association of manufacturers who is working with bidens team to help fight the pandemic today we have with us mike santoli, steer liesman mike, the broader markets are well off the lows as we speak. They are. Kind of a little bit of an aimless back and forth type day. Absorbed a little bit of a morning selloff. Didnt do any real damage it has been firmly bid, especially with son of the bigger nasdaq stocks coming back. Holding the indexes together relatively well. As we speak, the s p around 3,580. Tha
Joe biden making that final push to win over voters just days before the election. Brian sullivan lays out the big guide in one big battleground stooit stat state. And well go live overseas into the deep dive an app hes success. Youre watching World Wide Exchange good morning, im dominic chu in for Brian Sullivan. Lets get right to how the money and the markets are shaping up right now as you have been seeing in the corner of your screen, stock futures are indicating a lower open, right now the dowism app isdow implie nearly 400 points. S p by about 49. And the nasdaq lower by 220. Well get in to that more. Stocks are looking to cap off what has been an incredibly turbulent week the three major indices are now done between 3 and nearly 6 so far in just that short time span alone. It is also the last trading day of the month and october proving to be a tough one for investors. The dow down nearly 4 , the s p down 1. 5 . And the nasdaq with a fractional gain, although we know the nasdaq
Comments since saturdays Election Results poured in were live with a preview. And call it the holiday insurance policy that whole foods says home cooks just cant be without this thanksgiving it is wednesday, november 1 1t, you are watching Worldwide Exchange here on cnbc welcome from wherever in the world that you may be watching test veterans day. Bond market is closed. And the late jimi hendrix was a paratrooper. Happy veterans day and here is how your money is setting up the day futures are higher and across the board. And yes, that includes the nasdaq now, yesterday certainly more muted than mondays vaccine fueled rally, but still a good day for most nontechnology stocks the dow up now six of the past seven sessions and if you are counting at home, i know you are, we need to get above 29,551 on the dow. Just about 131 points from here. Big tech still starting to look like a big problem lately. The nasdaq done ovwn over 1 at. Zoom done. And individual wvideo game makee could you sig
The ceo of sanofi says they are ready to produce a billion doses of its vaccine available next year. Making a vax on on a platform year in and year out. We are doing it in partnership and other Global Companies defend or delay the u. S. Government gets an ultimative President Trump says safety is his main concern they are working to see if they can make a deal if they make a deal, theyll need to bring it to me safety is the predominant factor a warm welcome to street signs. Lets look into the final markets. It is a mixed picture. The ftse 100 up a little higher. Yesterday, we did see that uk benchmark underperform falling 1. 3 overall the stoxx 600 fell by about 1 wall street plunged to the close on wednesday a bit of a catch up trade on wednesday to put these resent moves into context youve got the stoxx 600 trading slightly higher on the week. Down 3. 5 . On pace to win a resent win streak it has been a strong period on pace to break a twoday win streak looking at the process, weve s
Get started here this morning. Look, i think that we are actually experiencing something that we havent lately which is that the analysts are almost entirely positive, and yet there is an underlying current both from the unemployment claims, which they are never going to be good until we get a vaccine. And also a general on wee that we dont have it under control, there i am talking about covid19 so why own anything . I think that thats an incorrect view there were many many piece this is morning that talk about what i can only say i am going to borrow a term from larry kudlow, green shoouts. There is much thats good in the economy. It is just not where we thought it was going to be, david. It is not all encompassing, but there are some areas that are very strong. All right so go over those and explain to me why they are not what we thought they would be. I think we thought travel and leisure would come back. That cruiseships would come back, that there would be Corporate Travel only on