Wednesday. Feels like a friday on after the bell. Lets look at the news thats happening at this hour. Team coverage with more on the markets. Hillary vaughn, covering the president elect. Lets start with you, the day before thanksgiving. What are we seeing . We are seeing a retreat partially for the s p. The dow transports, all retreating from record highs but the dow closing at 29872 on track for november since 1928. Youve got to go back really far. The nasdaq, first, record close september. 12,000 94. The first force was this rotation weve seen for the week out of tech to cyclicals that reversed today. Energy was your worst performer and tech was your second best performer. The second we noticed is the Economic Data that poured in this morning. That was a reality for many investors. Jobless claims rose for two weeks in a row. The First Time Since july, 778,000 americans filing for firsttime unemployment benefits. Claims rose the most in states where infections also rose the most. Min
Briefing. Well bring it to you live from the white house as soon as it begins. We have a big show for you on making money. Charles folks the broad market trying to rally without the big growth names right now. Ive been pounding the table during these periods of socalled rotation. Dont get blinded by headlines or news that the market is down. Because these value names simply do not carry the broad market but they can make you a lot of money. I think it is critical for the overall rally to broaden out you need more winners. I will bring in two of the best right now and discuss where theyre investing. Fitzgerald group Keith Fitzgerald are and kingsview, Wealth Management cio, fox business contributor, scott martin. Scott, material names have been up. Industrial names have been up. Theyre very tiny fractions of the dow, s p, nasdaq so the overall market will not be up but there are big winners there. There are, charles. I like your call. Feels good to having the fangs go up every day like
Taliban to kill american soldiers. And mourning in the streets or vote is out about a popular ethiopian singer known for his political songs is shot dead. China has imposed a new security law on hong kong 23 years after it took back control from britain promised a one country 2 systems policy is being signed by president xi jinping and its now in full force critics say the legislation erodes hong kongs freedoms and shatters its status as a Major International Financial Center a jim brown reports from hong kong. It normally takes a year for Chinas Parliament to pass legislation this time it happened in record time just 40 days the new security law completed its passage after a vote by the countrys most powerful political body the Standing Committee of the National Peoples congress in Hong Kong China supporters were also celebrating before the news that even being confirmed. A contentious measure the busy divided the city was once more defended by its chief executive the legislation oppo
Taliban to kill american soldiers. And mourning in the streets of addis ababa a popular ethiopian singer known for his political songs is shot dead. Small groups of protesters have been started to gather in hong kong hours after china imposed a sweeping National Security law that is expected to reshape the citys future that i just station came into effect on the eve of the 23rd anniversary of hong kongs return to chinese rule mass antigovernment protests on this day have been an annual event in the past. Chinese legislators drafted hong kongs National Security law in secret without any input from the citys legislature and at record speed its details became known only after it was inactive a law will punish loosely defined crimes such as subversion secession and collusion and sentences of up to life imprisonment the law also means that anybody either people in hong kong or foreigners could face prosecution for offenses committed outside the city foreign officials or academics who public
30 minutes egypts president warns libyas you dont recognize government against trying to retake the strategic city of sirte and ordered his army to be ready for cross border missions. And convicted of corruption high profile congolese politician is sentenced to 20 years hard labor. Into the Program Donald Trump has been addressing a small of the expected crowd in the u. S. City of tulsa where the president held his 1st major public rallies since the Coronavirus Crisis began trump used his appearance at a half empty Indoor Stadium to attack his political opponents critics of his handling of the pandemic and black lives matter protesters. What americans are watching left wing radicals burned down. Destroyed private property here hundreds of dedicated Police Officers. These Police Officers they get injured they dont complain theyre incredible and. Japan thousands of people only day here the radical. Saying what a beautiful rally it was. His comments out of controversy falling on june 13th