A centrist government or a leftist government. I think it is the former. David we have a tweet from jeb bush. Congratulating president elect joe biden. We also have Boris Johnson congratulating president elect joe biden and Vice President elect Kamala Harris at the same time. Is this result good for business or bad for business or does it depend . To big prospects. Number one, a sense of stability. Get telegraphed in advance which is a good thing for business confidence. Secondly and more importantly, the chances of any significant tax hikes have diminished greatly. With Mitch Mcconnell, there will not be any big tax hikes and thats the big story for business. We have been so focused on covid19. We are over well over 100,000 cases a day in the united states. Can we expect a significant difference in the approach for of Joe Biden Administration and what will it look like . The Biden Administration will from back dr. Fauci wherever he has been exiled in the last couple of months. Dr. Fau
Kenosha, wisconsin, where a Police Officer shot jacob blake seven times in the back, spiring racial violence that have left two dead. Issues that define the race for the president and the next presidency. Well get the latest on them all from our guests this week, former f. D. A. Commissioner Scott Gottlieb go and economist mohamed elerian. And well be joined by wesley lared who just returned from kenosha. President trump battled a fourth crisis after a magazine said he denigrated american troops who died in war, calling them suckers and losers. Well take a look at how all of this affects the Political Landscape and where the president ial race stands with our cbs news Battleground Tracker. Anybody that is really a successful leader i think has failed in life. Plus, as america holds a Job Interview with the next president , our conversation with visitor and philanthropist, david m. Rubenstein, on what it takes to be a great leader. Its all ahead on face the nation. Dickerson good mornin
7. 44 . As you noted before the yield curve. Steepening and a rally in the financials you mentioned that june 10 was the high that was the day where the markets had their maximum enthusiasm about the strength of the recovery and how fast it would be that was the peak where the come back of value and cyclical sectors. That seems to be the dynamic and the push for which stocks were preferred and the market seven days in a row of records is not to be dismissed guys the intraday record high in this session and well have to see if this continues . Yesterdays high is around 3,500. Coming up, well talk about the abrupt halt to the sports world. We ha we have fed president s and the interim ceo of tiktok. What a story it has been and a soap opera all week long we are learning more in the details in the sale of tiktok after walmart confirmed it has teamed up with microsoft sources tell us that walmart ineshlly wanted to be the lead buyer together with what was alphabet and soft bank coo and ran
There. Big stocks in apple and tesla giving back gains. Ibm gained more than 3 yesterday. Also cocacola up more than 4 being looing at u. S. Equity few you are its. Something to Pay Attention to. Dow futures down around 40 points looking at first of september, and all of july and august with spectacular gains. Looking at the treasury yields looks like right now 0. 654 . Those movements with he saw yesterday were interesting in terms of the rotation. As a general matter, those had to pull back they will have to have these pull backs the fact that the market can do okay on a given day is a positive doesnt change the fact that weve traveled at a steep angel here there is a jumpiness a late summer week heavy volumes. You are seeing all sorts crop up there is a Different Energy to the market 20 what has passed in 2017, 2013 not sure the implications but there is Something Different it is 6 01 in the morning here yesterday was called a gama squeeze. We dont want to get too mechanical in the
The month of kicking off with a rally. Another record high, 29th record close of the year. The dow industrials up 236 points at the close yesterday. Tracking isaias. Downgraded as Tropical Storm after making landfall in North Carolina. We will take a look at the storms path this morning. President trump boosting health care in rural areas. The President Trump expanding Telehealth Services as the coronavirus spreads beyond big cities. Health and human secretary alex azar will join me live at 7 30 a. M. Eastern. 25 years ago i made debut on the floor of the New York Stock Exchange. Today a look back at key moments from my time reporting there and the honor of marking the anniversary by ringing the opening bell. Mornings with maria is live right now. Maria Global Markets are mixed. Ftse 100 up 1 and a half points. Dax index is lower by 42 points. Uk federal government looking to boost economy by invests 1. 7 billion in building projects. In asia overnight. Green across the board. Take a l