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We are going mostly down. Trump has used his executive powers to ban investments in companies that are associated to the Chinese Military. Lets look at some other asset classes. Dollar index unchanged. The euro, which has been under the caution with the dollar. Crude, just dropping below 40 bucks a barrel. We have the surprise stockpile gain in the u. S. Gold price moving up as well. Goldman sachs saying they are bullish on not just gold but also copper. Lets move to what is happening first word news was. We get over to new york and joined karina mitchell. Karina the chances of a new stimulus package in the u. S. Are receiving with the white house saying sources tell us gop leaders will not lead any of the talks. Mitch mcconnell has been more distant from a democrat proposals, reducing the chances of a new deal. The Federal Reserve is again warning fiscal stimulus is requi ....
Long. Then we are looking at cracking down on china. The Trump Administrations latest efforts to keep american money out of chinas military. New executive order coming up. Office of trade and manufacturing director Peter Navarro is here to discuss china and threat. Take a look where we stand with the dow industrials, 1 , nasdaq up 96 points and s p higher by 32. This falls a dismal day on wall street yesterday. The dow industrials were down 317 points, nasdaq lower by 76 and the s p lower by 35. Meanwhile the future of a Coronavirus Vaccine, new measures President Trump is taking in order to increase access once its ready for rollout. Alex azar is here live in 8 00 a. M. Hour. Elon musk has some questions. Why tesla chief has said about the results from f ....
The session. High intraday high russell 2000 continues its high but it, too, has faded during the session. The russell flat, the other indices negative coming up in todays show, well ask allianz chief economic adviser Mohamed El Erian about todays highs plus, the president of shopify about the companys new partnership with alipay mike santoli, tracking the market action. Meg tirrell has more news on pfi zechlt rs vaccine data and phil lebeau, covering the boeing 747 max. Mike, start us off here. Weve been dealing with a couple of issues, the market being a little stretched on the upside after that strong rally month to date. Over bullish sentiment has had a hard time getting traction, but no damage done at this point on the year to date chart were slightly above that september high by half a percent nothing damaging really happening here i wanted to zoom into the last ten days of trading or basically really more like eight days ....
Im becky quick along with yoe kernen and Andrew Ross Sorkin. As joe mentioned, we are seeing green arrows today reversing a lot of the losses that we saw yesterday. Yesterday the dow was down by 317, this morning it picked up 272 points in the futures so far. Also the s p up by about 32 after it was country down by 1 yesterday. And nasdaq up by 95 this morning after it was down about 76 points yesterday yesterday was the worst day of the month, but there are crazy good numbers dow up by 10 for the honesty to da month to date and nasdaq is up 7 for the month of november so far too. Also lets take a look at the treasury market. The ten year note is sitting right at 0. 896 . So back below 0. 9 , we had flirted with the idea of seeing it finally hit 1 , but it is not there yet. Andrew thanks, becky as joe mentioned, president elect joe biden has nowofficially won the state of arizona, nbc making that call late last night. He is th ....
We said tuesday night we knew there would be an effort to count votes that will extend through the week, and now was not the time to get ahead of ourselves. This is how the electoral process is supposed to work. These votes are being counted that were cast in places like arizona. Stage votes were people dropped off ballots on election day. They were set aside, there love the last ones to count, they have a different look to them than the ones cast in advance of the election. We see joe bidens lead diminishing in arizona. In pennsylvania, they set aside all of the early votes and counted the election day votes first, which looked good for donald trump. Now they are counting those ballots that came in later through the electoral vote process, through the early vote process, and it looks much better for joe biden. Until the votes are done, this election is incredibly close, just like in 2016 we have to be patient to decide who the end is. I would say all indication in each of these open s ....