Good morning welcome to squawk box. Im becky quick along with yoe kernen and mike santoli. Andrew is off today. Well start things off with the stock futures after some positive vaccine news drove the dow and s p 500 to record highs. Dow giving back some of that ground, down by about 100 point, but remember how far they have marched for the last three weeks. S p is indicated down by about 14 points and then the nasdaq is indicated up by about 12 points. We do have some breaking news from amazon and better that coocoo Bertha Coombs ohas that story they are launching a full Online Pharmacy building on its acquisition of pill pack the new pharmacy is innetwork with major insurers and medicare and patients can pay for their prescription copays with funds from their Health Savings accounts just like they were at any pharmacy and they can confer with pharmacists online or over the phone about their prescriptions. Prime members get free two day shipping, patients who needs meds right away with
Some traction. Right right. Well, look, i think that the charges that leader mccarthy made which basically are saying that Speaker Pelosi just doesnt want to deal actually are in somewhat synch with what Jared Kushner was saying because that maybe there cant be a deal until after the election how about the next three months . We just decide theres been no ppp for september, october, november, i dont know whether thats sacrificing the american working person for the election or maybe someone actually thinks the economy is coming back david, you know that we are hearing persistent stories that because vaccines are all going to be ready its time to start thinking about a fedex which reports tonight, its time to start thinking about a Union Pacific i have on and time to start thinking about pretty much every industrial like caterpillar, deere its happening although lets i mean, vaccines you know, i dont even know how to parse that exactly, jim vaccines being ready when we actually talk to
Well tell you why traders are betting on an even bigger run. Later, airlines lower as they prepare for what could be a slow september the former ceo of continue nenal airlines will be with us to explain what the new normal may mean for travel stocks kelly evans is back. Welcome. Power lunch begins right now its the s p 500 sitting close to its record high now the wild market ride has brought a resurgence of the retail trader bob and kate are standing by with more. Bob, lets start with you in these record highs we are on new high watch and for the s p as well as the nasdaq and whats brought us there, thats a very familiar pattern. We have seen it many times its essentially Technology Stocks thats with megacap stocks moving on the upside sectors, its technology thats been leading the way we see banks, energy and industrials lagging there. We had many rallies in those cyclical value names banks, the energy and the industrial names over the last few months in various occasions including ab
On the pedal today its a roundtable conversation. Beccah, colleen, marcia weinstein, megan spring gate. The way this is want to go is we will give you a little context about the womens history work happening at the National Level. Then we will have a roundtable discussion about how the messages came to be so you can take that practice back to your community for 2020 to build into your communities. That is the intro. I am the associate director for publications and program at the National Trust for Historic Preservation. I help build the Digital Content for preservation leadership forum. I spent a lot of time thinking about how we can tell the full American History for underrepresented communities across the United States. Im a public historian by training and Historic Preservation by way of being at the trust for 13 years. I believe they work handinhand. I thought i would start by telling a few of the things we have been doing at the National Trust over the years for women to history.
Its nearly 4 s p above 2500 thats a loss of 3. 5 . Thats the same loss for the nasdaq theres the russell 2000 which has been a big winner down by more than 4 i want to begin with breaking news regarding General Motors. A significant story is developing as we are learning that new york deaths have topped 500 and the tremendous need that the governor of the state of new york has said remains four ventilators. The president tweeting just moments ago about General Motors a couple of tweets i want to give you some of my own reporting. He says, quote, as usual with this General Motors things never seem to work out they said they were going to give us 40,000 much needed ventilators. Now they are saying it will only be 6,000 in late april they want top dollar always a mess with mary b. Thats mary barr invoke p that means the defense production act he goes onto say General Motors Must Immediately open their stupid ll lly abandoned plant io and start making vent lae iningw ford get going on vent