We try to live in the moment, to not miss whats right in front of us. At mutual of america, we believe taking care of tomorrow can help you make the most of today. Mutual of america financial group, Retirement Services and investments. Additional support has been provided by consumer cellular. And by and by the corporation for public broadcasting, a private corporation funded by the american people. And by contributions to your pbs station from viewers like you. Thank you. Sreenivasan good evening, and thank you for joining us. One week after being named president elect, joe biden said today that he is getting closer to naming his cabinet. The president elect and his wife jill, surrounded by secret service agents, were out for a bike ride this morning when reporters shouted questions about the president ial transition. Are you any closer to making a cabinet decision . Yes. Sreenivasan the bidens were near their Vacation Home in rehoboth beach, delaware, where they spent several days. I
In the meantime, lets go to tina davis on oil. The markets are rebounding. Down a little bit right now. Why . Tina it is keep your hands inside the car days. It has been a roller coaster. Sunday night it has the Biggest Movement we have ever seen in brent since 1988. Today we saw the price plunge more than 7 . That was because of news from reuters that the saudi aramco facilities may be back online and maybe have as much is 70 back online in a matter of a couple days, which is a much more optimistic outlook than we have seen reported elsewhere. All eyes are pointed on the oil minister due to speak round 1 15 new york time. The market is waiting for clarity on how long these repairs will take. David i love keep your hands inside the car. Lets do that, but speculate nonetheless. Could this backfire on whoever is behind this . Could this go from we are more at risk than we thought to we are more resilient than we thought . Saudis are adamant about sit about being seen as a steady supplier
Italy a record for the s p 500, yes. The nasdaq has been far and away the best performer of the three average. If you follow our market live blogs online, there was Tech Leadership earlier in the day. Tech has been leading the rally we have seen. Not just tech stocks, but other types of stocks as well. The dow has been the laggard here. Kind of interesting action that we have seen here, after the nasdaq in the latest leg we have seen, i was curious a which stocks have seen the most to it. Im talking about the leg and april 16. Mov that looks that historical movers. Not surprising, apple, which is at a record, microsoft, amazon, at a record. Some of the familiar names, and then some other priceline, comcast, these are those that have seen the biggest increase, and not only have contributed game,st to the nasdaqs but broadly in the market, another manifestation of this technology is a lack of concern in other areas. We have talked so much about the drop in the vix. One thing we havent lo
Italy a record for the s p 500, yes. The nasdaq has been far and away the best performer of the three average. If you follow our market live blogs online, there was Tech Leadership earlier in the day. Tech has been leading the rally we have seen. Not just tech stocks, but other types of stocks as well. The dow has been the laggard here. Kind of interesting action that we have seen here, after the nasdaq in the latest leg we have seen, i was curious a which stocks have seen the most to it. Im talking about the leg and april 16. Mov that looks that historical movers. Not surprising, apple, which is at a record, microsoft, amazon, at a record. Some of the familiar names, and then some other priceline, comcast, these are those that have seen the biggest increase, and not only have contributed game,st to the nasdaqs but broadly in the market, another manifestation of this technology is a lack of concern in other areas. We have talked so much about the drop in the vix. One thing we havent lo
Italy a record for the s p 500, yes. The nasdaq has been far and away the best performer of the three average. If you follow our market live blogs online, there was Tech Leadership earlier in the day. Tech has been leading the rally we have seen. Not just tech stocks, but other types of stocks as well. The dow has been the laggard here. Kind of interesting action that we have seen here, after the nasdaq in the latest leg we have seen, i was curious a which stocks have seen the most to it. Im talking about the leg and april 16. Mov that looks that historical movers. Not surprising, apple, which is at a record, microsoft, amazon, at a record. Some of the familiar names, and then some other priceline, comcast, these are those that have seen the biggest increase, and not only have contributed game,st to the nasdaqs but broadly in the market, another manifestation of this technology is a lack of concern in other areas. We have talked so much about the drop in the vix. One thing we havent lo