Stay updated with breaking news from Kelly tyler. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
workers she the vaccine. and how some are benefiting as chain smokers. we ll speak to the ceo hig, tyler. i m kelly evans. stocks are at session highs right now. the dow is up about 350 points as congressional leaders get set to meet for more talks despite the optimism, the stay-at-home trade does continue to hold strong etsy to zoom all higher today. and iphone planning to ramp up production next year shares are up 4% back to you. the markets and the economy waiting anxiously for the vaccine. it is providing a bit of a light at the end of the tunnel, a cliched phrase you re going to hear a lot of. speaker pelosi to meet this afternoon. warren buffett calling them on cnbc to get a deal done. it s an economic war. and certain, you nope, when we went into world war ii, a lot of industries were shut down and everything went over to defense production well, we ve shut down a lot of people in this particular enthused recession and others are pros sppering and i think t ....
rotation this hour plus, there is still one over big overhang for stocks and that is covid cases spiking, cities shutting down. we ll talk to one of los angeles biggers playest playert retail, dining on power lunch right now. thank you, tyler. the markets are off to the races with the dow topping 30,000. this time it s not big tech leading the way. dom chu is looking at the rotation pro tellipelling us hi. let s talk about the gold star right here. 30,117 is the intra day record so far that was the high of the day at the pandemic lows, intra day we were talking about 18,214 we ve gone up roughly 65% since the pandemic lows we saw back in march. something to keep an eye on when we talk about the dow industrials and. talk about what s happening between growth and value take a look in just the last month-to-date period we have now seen a real outperformance in some of those value stocks just in the month of november. we ll see if that trend continues with that orang ....
moderna says its vaccine is nearly 95% effective moderna up 9%, 10% right now while the other vaccine stocks are actually dipping we are awaiting president-elect bide wren to give remarks about state of the economy after meeting with top business leaders and ceos today we ll get you there when it happens as power lunch starts right now. thank you, ty. the dow was soaring to all-time highs, just shy of 30,000 today. all signs pointing to a continued rally except for one, a very important one let s go to bob pisani for more on that. bob? we are seeing that moderna is helping the market overall and continuing a trend that we saw for the last really week and a half let s take a look at the sectors here the story is value-like banks and energy stocks has been outperforming growth areas like technology for example nen we ve seen cyclical sectors like industrials, for example. generally outperforming defensive sectors like consumer staples. generally small caps have been ....
reported yesterday and a top infectious disease expert says it s about to get worse. power lunch starts right now and welcome to power lunch everybody, the election shifting towards joe biden today. he took the lead in the counts in georgia and pennsylvania. let s go to eamon javers to break down where we stand right now. we re stel loill looking at e same list of uncalled races. joe biden s lead is increasing we ve had more vote now coming in today from pennsylvania, moe are vote out from nevada in pennsylvania biden s lead over trump has grown to more than 13,000 votes. take a look at the state of pennsylvania we are about 96% complete. too close to call there. the difference there 13,220. that s the whole ball game if joe biden wins there, this race is over because that s 20 electoral votes. biden only needs 17 at this point to go over the top in nevada, press conference just wrapped up in clark county, home to las vegas biden expanded his lead there and is u ....
twitter, defending how they moderate content on their social media platforms. some senators not buying it at all. we ll bring you the latest details. meantime, kelly. tyler, thank you very much. we ve got all the big stories covered for you today. bob pisani is watching this big down day for stocks. meg is tracking the latest spikes in covid cases and ylan mui on this tech hearing on capitol hill today let s start with you, ylan reporter: well, kelly, there was a lot of political drama during this hearing today but also an important discussion about election security. with all three ceos acknowledging that other countries are trying to interfere in our election, and they re trying to do it on their own platforms. we do continue to see interference we recently disclosed actions we took on both russia and actions originating out of iran. we do continue to see coordinated influence operation items. we ve been very vigilant we appreciate the cooperation we get from ....