Rally has fed into crude. Propelled thates price. People look beyond the covid to a look beyond to a returned to normal. Gold pretty much stable appeared bitcoin at record highs. Up about two thirds of 1 . We have a u. S. Dollar index unchanged. Lets have a look at the copper price. Copper advancing. The highest price and a more than six years. It is under president elect joe bidens formal transition. The hope is there will be a move toward a Lower Carbon Energy future. That britain the outlook for its demand. As has what is going on in china up. Joining in all of that. Lets have a look at the transition in more detail as we get over to new york and join Karina Mitchell for the first word news. Introduced biden has his foreignpolicy and Security Experts as he seeks to calm relations with International Friends and foes. The president elect is promising a multilateral approach, reversing the America First tragedy of the Trump Administration. He will prioritize ending damaging executive o
Another bipartisan spending bill. The battle to replace Justice Ruth Bader ginsburg will be anything but bipartisan. The president said he will announce his pick on saturday. Joining us to talk about how the markets are digesting this news, bloombergs abigail doolittle. This is not what investors to hear. We got that big 200,000 number in the united states. 200,000 americans have died due to covid19. Talk to us about how investors are handling these continued mixed signals. Abigail that is a tragedy in the u. S. In terms of impact on the market, probably not so much. We are looking at the volatility on the backside of the huge rally in august. August was the best month ever going back to 2014. At this point, the nasdaq 100 where it was at the beginning of august. That slump that never deserved to happen according to some strategists has now been erased. Perhaps we are on a level Playing Field that on the day has taken the nasdaq and s p 500 down. You were mentioning the big drop for ap
What hes expecting ahead of the 22 billion their ddollar debut week power lunch starts right now thank you its been another rough week for the market but the nasdaq is now on track to snap a threeweek losing streak. Dom is following the numbers for us assuming that leadership position again and trying to snap that multiweek winning or losing streak rather but if you take a look at the move higher were still in a position now where the dow industrials and the s p 500 could both be on the verge of four week losing streaks. First time thats happened since august of 2019. The nasdaq 11,000. Were watching as the key level. The trends that were happening educational where this year for the vast majority of this year have reasserted thelss this week. Watch what else happens in the marketplace with apple it may be the case to be made there. Well see if that sticks pm back over the you my son just bought apple in his virtual investment port gro portfolio as his starts his 9th grade investment c
You remember that . Joe was willing to sacrifice american lives to placate the radical left open border extremists, and we saved tens of thousands of lives, probably hundreds of thousands of lives, and we saved millions of lives by doing the closing and now the opening the way we did it. Joes decision to publicly attack the china ban proved he lacks the character or intelligence or instinct to do what is right. Lou biden, the radical dems, the rinos and the leftwing National Media have exploded over Bob Woodwards new book. Woodward reporting President Trump intentionally downplayed the china virus in the earliest stages of what later would be a pandemic. And a deadly one. President trump addressed woodwards claims head on today, and in the process smacked down abcs illmanneredded, disrespectful jonathan carl. Why did you lie to the American People, and why should we trust what up to say now . Thats a terrible question and the phraseology, i didnt lie. What i said is we have to be calm,
Joe was willing to sacrifice american lives to placate the radical left, open border extremists and we saved tens of thousands of lives, probably hundreds of thousands of lives. We saved millions of lives by doing the closing and now the opening the way we did it. Joes decision to publicly attack the china ban proves the he lacks the character or intelligence or instinct to do what is right. Lou biden, the radical dems, the rinos, the leftwing National Media have exploded over Bob Woodwards new book. Woodward reporting the President Trump intentionally downplayed the china virus in the earliest stages what would be a pandemic. And a deadly one. President trump addressed woodwards claims head on today and in the process smacked down abcs ill mannered disrespectful jonathan karl. Reporter why did you lie to the American People and why should we trust what you have to say now . President trump that is terrible question and phraseology. I didnt lie. I said we have to be calm. We have cant