Jimmy li will join me this hour in this exclusive interview. Markets on the upswing to begin futures. Take a look at dow industrials 344 points. Nasdaq up 109. Thats almost 1 . S p higher by 9 points. The dow posting best month since 1987 with gain of almost 12 , other averages also higher by 12 and 11 all this as we await key testimony from federal jay powell and jimmy mnuchin today and unused covid relief funding. Return to high seas, we are taking you on a port on how they are getting ready. Another missing monolith moved. Making a buzz this morning. Mornings with maria live right now. Maria all right, european markets meanwhile look like this as rally is underway on wall street. European markets higher across the board. Ftse up 123 points. Almost 2 , cac quarante up 62 and dax index up 135. British factories reporting fastest growth in 3 years. Purchasing Managers Index rising to 55. 6 in the month of november. In asia overnight green across the board. Chinas manufacturing pmi54. 9
Want action to stop the virus fallout. Nato calls for International Cohesion on security. Consumer Price Inflation breaking out of south korea. We are seeing month on month deceleration of. 1 . The deceleration, though, is easing from the previous month when we had been pulled down and undershooting Inflation Numbers because of subsidies from the government. Also we are seeing acceleration of 0. 6 when it comes to the euro. Slightly missing estimates, but when you seek out fresh food and look at the core cpi numbers, it is still growth of 1 . Of course, we still have some spare economic capacity in south korea, but remember the Third Quarter final gdp numbers actually beat expectations, and still, Inflation Numbers are very much away from that target coronavirus pandemic raging across the world. Haidi we have just had the beginning of the testimony of the rba governor, appearing before the Economics Committee today, so be watching out for some of those, particularly regarding news on t
Open four hours a day with x number of people. The church i go to only allows 40 of the people to come into the church. It is not shutting down everything. It is calibrating based on what the trend is. Thank you, mr. President elect. Thank you. Thank you, mr. President elect and Vice President elect harris. First, whichr you is, what do make of the fact that the president is having these calls with michigan county officials amid his bid to overturn the election . He is going to be having this again republican legislators at the white house tomorrow. Is anything he is doing aching you rethink your strategy . I know you are saying do not want to have legal action right now. What do you say to immigrant americans who came to the United States looking for political stability and seeing all the things the president is doing . Hang on. I am on my way. Not a joke. What the president is doing now really going to be an other incident where he will go down in history as being one of the most irr
Level. Toestors downright giddy get clarity on a biden transition and a wave of news on the covid vaccine. There is ambiguity about the unequal economy. Rise, Consumer Sentiment falls. Sentiment points pretty positively, though. Joe yeah, i mean, ok, we didnt hit record highs on the s p 500, so the fed has to cut rates. But the big picture is, yes, clearly this is a market with a lot of exuberance. Small caps, this is a part of the market that really lagged for several months even after the recovery began in the spring. They have been on a tear lately. Searching past the old record. So many names even on a day like today. Pause for the speculative euphoria. Caroline you look at the industries that have been so beaten up. Energy suddenly in the last five days absolutely killing it, no other way to describe it. It has fallen hard and fast. When it moves higher like this, it is not the almighty pull like big check, but energy financially catching some sort of break. Isgoes to show this ro
One of the hottest stocks in the market, General Motors dives in and the ceo will join us in just a moment power lunch starts right now welcome to power lunch. Im dominic chu. One bright spot is the Housing Market you have restoration hardware, williams sonoma, theyre jumping and then you have trex, which makes decking and railingtype products for homes and two Retail Stocks hitting new highs, will brands a the a 52week high, target at an alltime high yet again today after its big blowout Earnings Report yesterday. And, kelly, you mentioned the electric vehicle trades tesla a the at a new high is up 20 in just this past week kelly. All right, dom. The dow sliding today and heading now for a down week. Lets go to bob pisani for the action the markets are still having a hard time to figure out on what to focus. Do you focus on the spring reopening in 2021 and Second Quarter or on the covid winter right now . Today a little more focus on the covid winter the good news is tech which has be