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To see everybody the dow did get to 29942, that is an alltime intra day high. Fell back a bit off that, a better than 400point game for the dow, s p better than 1 , nasdaq a little shy of that and then the small caps all the way to the righthand side of your screen banks, travel and leisure stocks leading the way. Some of the stayathome stocks. Theres the possibility in the middle of december the Federal Reserve steps in and provides further stimulus to replace whats missing from fiscal policy makers i want investors to give consideration to who potentially would be the treasury secretary. And, lastly, what will incoming president elect bidens policy be towards the chinese i think the reintroduction of a favorable relationship is a positive one so there are many catalysts coming as it rates to the reopening of stocks, you could look at financials and energies, but the one sector that stands out to me as the opportunity is industr ....
Approaching that 103 level. That would be a breach of a technical and psychological level. . 99, 2. 7 top the upside. After the biden victory, gold as well seeing three straight gains three Straight Days of gains. Joe biden preparing to take office as the 46th president of the United States. He is moving forward as president elect, launching his transition effort and readying a plan to tackle coronavirus. President trump is refusing to concede, weighing more legal challenges. The people of this nation have spoken. [applause] they have delivered a clear victory, commencing victory. A victory for we the people. I pledge to be a president who seeks not to divide, but unify. [applause] who does not the red states and blue states, only sees the United States. Our work begins with getting covid under control. Economy, repair the ....
Welcome to squawk alley. Im Carl QuintanillaJulia Boorstin and jon fortt are with us for the hour the dow session alone was down 236. Were slightly off that s p 500 is off the early lows as well zoom helping to lead the nasdaq 100, john. Looking forward to disney and cisco earnings to night. That is definitely true, carl the big themes, protect investors today. Number one, game on. The play station 5 from sony is shipping and in stores as of today. Joining the x box series x this marks the start of the biggest console refresh. Really the only major console refresh in seven years its happening during pandemic lockdown and then youve got china. I mean coming off of a record breaking singles day where the chinese Online Consumer is flexing. We have to think about that exposed deadline for tiktok to do a deal in the u. S ....
Schools open and businesses running and amid this latest wave some european nations are looking good imposing new restrictions to slow the infection rate so with this in mind lets take another look at the trends and spread of the virus globally with r. T. Correspondent side savages where are we monday so brand the number of people diagnosed with covert 1000 is growing every single day across much of the world so globally were almost at 45000000. 00 current firm cases while death stand at 1160000. 00 and growing now the u. S. Has more tases and deaths than any other country and right now with more than 8900000 confirmed cases while over 230000 thats now even with these numbers now theyre all still likely far lower than the actual number of cases thats being reported now breaking down the actual numbers just for the u. S. Now overall case number in the country has. Reach frightening new records across recent days in branches like you mentioned just on sunday at least 339 new deaths and a ....
Common ground. You know weve broken a lot of stories over the years the hoax that is the fracking industry we broke the global strikes against banker occupation and a bunch of other ones that we were in the lead covered it nobody else did i think now weve got a tiger by the tail here i think were in the midst now of handing up the torch from the u. S. To china the push to this trap is upon us. It just gets more and more evidence coming in. This is boom bust the one business show you cant afford to miss for in washington coming up. Hes the greatest crisis of own age. As the globe is seeing a surge in coping 1000 cases u. N. Officials are calling for world solidarity to fight the pandemic straight ahead we break down the state of the virus and how markets are reacting to renewed fears plus amid the potential damage europe is facing gridlock at the United Kingdom and European Union< ....