Good Tuesday Morning im Carl Quintanilla with david faber and jim cramer coming to you live from separate locations this morning coming off that 7 rally and futures build as optimism about flattening the curve goes into a second day more talk of another round of congressional stimulus oil up about 2 , as we await the opec plus meeting and exxon slashes capex about 30 . Mnuchin and kudlow on the tape this morning saying the white house looking to reopen the economy as soon as Health Experts give the green light but thats going to be met with skepticism today look, ive got to hand it to them in terms of trying to make it so theres enough money for small and medium sized business to get open. Theyre doing it theres no limit to what theyll give i think the Community Banks, no limit to what theyll lend i really like that the other side though is the customer and weve got to find a way for the customer to feel confident i know i will feel continue if i dent when i see everybody else wearing
And blame baby yoda. Fresh numbers this morning on disneys new streaming Service Coming in as Worldwide Exchange begins right now i need a hero, im holding on for a hero till the end of the night hes gotta be strong and hes gotta be fast good morning, and welcome to the show im dominic chu in this morning for Brian Sullivan it is tuesday, november 26th, 2019, and what a difference a deal or two or three makes stocks coming off another recordmaking day with the s p and nasdaq both hitting record highs. The dow surging triple digits early in the session and really never looked back, partly in thanks to a huge merger monday more than 50 billion in deals sealed in one day alone. Topping that list, a 26 billion deal, a tieup between Charles Schwab and Td Ameritrade for that retail brokerage business on the heels of those numbers, heres how you and your money are looking this morning stock futures indicating the dow will open marginally lower by just about 17 points, again, from near recordh
There. Chinese vice premier liu spoke with u. S. Trade representative Robert Lighthizer and treasury secretary steve mnuchin. The Ministry Says they discussed issues related to a phase one deal and agreed to maintain communication on the remaining issues in the phase one talks. So, we are still very much in phase one talks. Bumping up against that december 15th deadline, though. Right. When you are expected to see new tariffs go in. Right. Thats been the big question do they do it its obvious they dont want the tariffs put in will enough progress be made at that point to say, okay, we wont so you think maybe not a deal by december 15th, but maybe enough of a deal to be able to i dont know. China trade wars are so 2019. Pushing into i just think you need to just, when we talk about beyond and impossible meat, i think you need to look into the future a little bit i just think you need to anticipate, not react. I just think it helps. What do you think happens before december 15th do you t
the general election. plus, republicans in north carolina s 11th congressional district run out of patience with madison cawthorn as trump s pick in that race is voted out. we ll break down those results. and speaking in the wake of the buffalo tragedy, president biden vowed to, quote, expose those who use power and prestige to spread hate. but the question this morning, will he name names? good morning. welcome to way too early on this wednesday, may 18th. i m jonathan lemire. we ve got a lot of news to get to today. here we go. results are still coming in this morning for pennsylvania s closely-watched primary election. in the hotly-contested senate race, republicans still do not have a winner. the election is too close to call between trump-backed dr. mehmet oz and hedge fund executive david mccormick. mccormick is backed by several trump administration officials, including former secretary of state mike pompeo. recent polling saw him losing momentum after trump
Bearish strategist has finally capitulated. It is nvidias week. Four analysts upping their targets ahead of results on wednesday. And apple reportedly edly slash iphone prices to count huawei. A historic week for stocks, jim. We got to 40k, we hosted 11 on the vix, but just barely, but we did. People are stalki talking ab stock market. For the long time, they talked about my tomatoes. And then say, wow, what is that about . People who have not been in. People who are thinking, is it too late . I try to present a constructive view. But its gotten in peoples minds, carl, and also numbers from gallop last week who said 62 of the people are back. Someone in their house owns stocks. Thats up from 52. Which was interesting. 52 was the low, which is just when the dow got back to where it was before 2007. So, you had 2007, people got back to even and they left. And now genz, gen x back. Millennials back. Boomers i think just blown out and dont rely. And its quite encouraging, because if we can