s&p, but the nasdaq only down fractionally. we have news on a biting tax proposal that would tax you are again in the stock market every year. that may be one of the negatives hitting the market this morning and so is this, very long lines to get vaccinated. confusion about who can get the shot and when. the vaccination miss would stretch our recovery from the virus. that is money, turning to politics, washington dc is tense with five days till the inauguration. all streets leading to the capital are now blocked national guard troops. president-elect biden train ride has been canceled and the sunday s rehearsal for the inauguration has been postponed until monday. security concerns. then there is this, in a court filing on jacob chamblee, the man in the horned helmet, the filing argues he intended to quote capture and assassinate elected officials including vice president pens. tense indeed. on the show today we will look at petco and poshmark as they went public thursday in
return especially in texas is a factor. now look at this. five stocks at or near record levels. apple, microsoft, google, facebook. what you are looking at is premarket prices. i see apple and amazon up again. not much of a selloff in the other three. facebo facebook, google and microsoft, after yesterday s stellar performance. put together, these five make up 22% of the s&p 500. now, that is dominance. the news from the street this morning. it is not good. in atlanta, armed men took over a small area and refused to let the police in. in wisconsin, a state senator beaten when he took a photo of demonstrators. in our nation s capital, the flag burned by a cheering mob. varney & company is about to begin. stuart: a political bombshell is unfolding. long-time democrat congressman of new york, elliot engel, is fighting for his political life. the 16-term incumbent is trailing by double digits against a progressive. he received the full support of congresswoman alexandria oc
quote, don t go to crowded places. look, that s going to slow the economy. we don t know by how much. remember, friday, larry kudlow was on the show, told us that targeted stimulus is being considered. the fed is being urged to take steps, too. we re watching for any announcement. here s the other big problem. the price of oil is tumbling. the saudis have launched a price war, promising to flood the world with a glut because russia wouldn t agree to production cuts. american drillers will take a huge hit. they can t make a profit at 30 bucks a barrel. $31.89 right now. look at this. money pouring into treasury securities, pushing the yield way down to yet more record lows. takes your breath away. we were down to 0.31% at one stage. now we are 0.41%. extraordinary. it has to be said, the united states is in a better position to weather this storm. that jobs report was a blockbuster. look at italy. it s locking down a quarter of its population, locking it down. that lwill e
unified party. one democrat switching sides, some others may vote no. but the end result is not in doubt. the president will not be removed from office. now look at this. the market is going up again. the dow is being held back a little by boeing. the journal says it may halt or cut max jet production. boeing s a dow stock, way down, hurting the dow average by about 90 points. we also have to tell you that bank of america is talking about a melt up for the market into next year. look at the market go. the dow is going to be up about 80 points despite the news on boeing, up about 80 at the open. s&p, big gains, 17 points. that s more than a half percent. the nasdaq s going to do well, 50 points higher. that is a rally this monday morning. in britain, landslide winner, boris johnson, is pushing hard for a brexit vote by christmas. then he wants to work on a trade deal with trump next year. defeated socialist jeremy corbyn says he won the battle of ideas. he just couldn t
are turning to the storm system that will be coming in for monday. the good news is the weekend is going to stay nice and dry but it s going to be on the colder side. as we get into the start of the week echoes of the colder air in place it will cost no fall better area has cleared out across the region. temperatures 344 degrees in the wins are switching to the northwest. they will gradually pick up throughout the overnight hours a become rather breezy tomorrow. during skies and temperatures headed into the 20s overnight but with the colder air filtering into the region we will see temperatures holding in the 30s. we will stay nice and dry with lots of sunshine saturday and sunday but eventually there s going to be precipitation coming in and it does look like we are going to have some snow starting off sunday night and it looks like it will continue monday morning. depending on where you are at it will determine what you ultimately see from the storm system. looks like they