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Good morning on bloomberg radio. Good morning on bloomberg television. It is extraordinary to be the beginning on global wall street of the holiday season, and i can never i can never think, even the tragedy of 9 11, i cant imagine how much of a tragedy this holiday will be with the pandemic. Jonathan the numbers are terrible. We talked about it an hour ago. We started this month with daily infections in and around 80,000. That has doubled in 11 days. If Health Care Capacity gets tested, they will start to introduce more restrictions. Heres the critical issue. Who is going to step in . Where the fiscal policy maker . Bridgewaterf says we have a mismatch between the length of the pandemic and the willingness of fiscal policy makers to do something in equal length. Tom it has widened out, without question. What is so important here is to gauge the pandemic, and we are all doing that on a local basis. You and i, we hear more si ....
The cigarette issue here is the dynamics of the polls. I will be honest, im confused. I have people saying it has gone better for Joh Joe Biden in the last 1218 hours. Others saying that. Trump has done better in the days. Hree or four jonathan one thing we have not mentioned in the last 60 minutes, and i will mention it right now, tom, nashville. One of us out of the theory has actually played and entertained an audience on guitar and the microphone down in nashville. Tom let me set that up for you. [laughter] belmontthis is university, which is a Christian School but has been dis affiliated a little bit from this history points. It is a spectacular Music Program that the two candidates defend on. What is important is not so much the distance to auditorium, the distance to the grand ole opry outside nashville, or even t ....
Kennedy nixon. I dont know if we will see element of that, but you will see way over the 80 million four years ago for clinton and trump. The interest is ginormous. Jonathan it is a spectacle. It is golden tv. Does it have consequences . That is the question. Monmouth university come out with a pole that said just 3 they are very likely to hear something that will impact their eventual vote choice. We will all be watching. Will it have consequences . Tom let to get the theater out of the way right now. This is very important. This is case western reserve university, one of our great science and engineering institutions, and the richest , secretary 1800s hayes to roosevelt. This is the history of dow chemical as well. And in the 20th century, it is a city that has been flat on its back for a decade for decades. Joe biden if can speak to these people, and President Trump as well. Jonathan in d. C. , there is still something to talk ....
Good morning welcome to squawk box. Im becky quick with Andrew Ross Sorkin and joe kernen. Welcome back both of you some big moves we are looking at today. Lets look where things stand with the markets dow futures are off by 34. The big news is happening with technology stocks. Down 343 points. Thats big you are talking 3 of the market or 3 decline for the index. Thats a big deal when you look at what happened last week on thursday, nasdaq was off 5 on friday, another one and a quarter percent. You are taurking 6 and a quarter decline. Because of what is happening with the biggest stocks in that. Tesla indicated down 11 in the premarket Asml Holdings down nvidia down advanced microoff off 4 . Those that have boosted that weve seen selling off today you are still looking with these declines at a market at higher levels weve run up quickly and we are seeing it now joe. Watch ....
It was the big gainer. It closed at an alltime high. Tech has been leading the way. Sales force, facebook, taketwo and qualcomm at record highs you have to watch one stock in particular apple. After more than 10 gain on friday and thursday night, it closed up 2. 5 to an alltime high percentages away from hitting the 2 trillion market cap that 4 to 1 stock split is hit that price has to sit 477 not far off. Weve been talking about the pressure that has been put on yields in the treasury market. Right now, the 10year note at 0. 45 . Scott . Becky, im listening to you talk about tech and these companies. We have to get ready to talk nasdaq 11,000. As crazy as that would sound, we are on the doorstep. In spitting distance, basically. Unbelievable. Largy carri largely carried by these big five apple, amazon, facebook and alpha bes alphabet and microsoft looking back in march, would you have thought we would be talking nasdaq 11,000 by summer . No way. There is reason for it if you look at s ....