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Of this one company is such a market mover. Yes, this is really the story of the week, driving the market action. First of all, it is really about its waiting in the index, it accounts For about 6. 7 of the index, that makes it the second large company behind apple. Their expectations are high going into this and it could have a lot of market sway. The Share Price is almost triple over the last year, expectations are high here and any disappointments could be punished by investors. So it could bring a lot of volatility. And it has seen as a big ai play, investors will be watching if this ai induced money could have more momentum or will it start to lose steam . Give us a flavour of the details that investors are looking out For. Details that investors are looking out For. Detail ....
Our Middle East correspondent, lucy williamson, has just sent this update from jenin. There are israeli jeeps, israeli armoured vehicles moving around the entrance tojenin s Government Hospital behind me. You can see an ambulance coming through now as well. The Hospital Entrance Isjust behind this Army Vehicle here. Staff inside the hospital say that since last night, the army has surrounded the building. And is searching anyone who wants to leave. This street, deserted now, one of the main roads through the town, has seen this kind of activity so many times since the hamas attacks last october. But this operation, looks a bit different, it is a part of a wider, coordinated operation across the northern West Bank. These kinds of operations going on in several cities. What is not entirely clear at the moment is why ....
Results. We will get congressional insight all morning long. We will hear from georgia congressman earl buddy and connecticut senator rand paul. Loss of 100 points on dow futures. Markets extending slump from yesterday as more lockdowns and the threat of them offset positive news on vaccines. Its also been a big week for retails, bjs and macys reporting this morning all the numbers as soon as they hit the tape. Working from home may not save you money. Why paying a new tax while working remotely. A little holiday decorating can carry you through some tough times making a buzz this morning. Mornings with maria is live right now. Dagen european markets feeling the sting of more lockdowns, red across the board in france, england and germany, all down about 1 . Mixed story in asia overnight with fractional moves there. Kospi and south korea shanghai to the plus side. Cheryl casone has all the news that you need right now, good morning, cheryl. Cheryl good morning to you, dagen. United stat ....
Their take later on in the program coming up on biden Family Business. Futures looking for a rebound after yesterdays sharp selloff. Nasdaq up 121 and s p higher by 25. Stocks plummeted wednesday. Nasdaq down 426, 3 and 3 quarters percent and s p down 120 points, 3 and a half there as well. Coronavirus cases spooking investors. This morning we are awaiting thirdquarter fdp that may very well be market mover on the upside. Big tech grilled, contentious battle over allegations of tech censorship and bias as question get Quarterly Earnings today from apple, amazon, alphabet, facebook and twitter all after the bell tonight. Calling out china, my new book the cost all week long, exclusive audience from President Trump about the threat china poses and how to win against it. Mornings with maria coming up right now. I will ....
First lets go right to bob pisani for more on the market selloff today. We are off the lows but just barely 3366 was the low today, 3381 right now. Lets not quibble about a few points the damage is pretty widespread, but the general theme is cyclical stocks and stocks most associated with reopening stories are having a tough time of it. Energy, oil down about 3 at 1 , banks, which had a good time last week not starting off the week well, industrials, another cyclical group and defenses will sectors like utilities and staples all down sap dropped as much as 21 over in europe here they cut their revenue forecast for the full year they expect a fresh wave of lockdowns to hurt demand through the first half of 2021 first off, first half is alarming but just the idea that general airically t general ai generically, people are betting its a broader more than stock specific so we have no stimulus right now of any term, near term, long term, any term we have a reopening story thats going rather ....