Nasdaq. Now, here are the negative for stocks today. Dr. Fauci suggesting a lockdown christmas. Why . With all the traveling and celebrating we did over thanksgiving, its expected to produce a new round of infections that will in turn require a new round of restrictions. Well have more on this throughout the show. I get the impression were being treated like children, punished for celebrating our national holiday, but dont get me started. One more item. The biden team takes shape, very similar to the Obama Biden Team that left Washington Four years ago. Neera tanden could go to the budget office, Jared Bernstein expected to become a president ial adviser, he was Vice President bidens chief economist, and back to the future . Sure looks like it, doesnt it . On the show today, the priceline ceo offering deals to get people back to travel. The waffle house ceo, hes pounding the table, keep dining rooms open, hes pleading. And mrs. Fields cookies, their ceo somehow has to replace the reven
In the world is ruth parat. She started an as investment banker at Morgan Stanley. And recruited a way to be the c. F. O. Of google and now of alphabet. Influence. Mous i think she would be a terrific candidate for secretary of the treasury. She would be a terrific candidate for that position. During this period of time, google has done quite whelm fall bet has done quite well. Your stock has gone up. By the time you became the c. F. O. The stock is up over 00 . So done quite well under your leadership. Im curious. Are more people doing searches now during this covid period o time than ever before . Or are people not spending as much time searching . No, people are spending a lot of time searching. We have trillions of searching, precovid, post covid. Its really the nature of searches that changed. And so early in the crisis, people really migrated to shifting for information about the disease, what they needed to know, all information about covid. You then saw people shift to, ok, how
To children. As they keep growing theyre wearing bigger clothes and im doing something i rarely do and im buying online. This is from my 11. 5yearold wearing man size socks now. I have ordered socks and pajamas and shorts all online. Typically you have to adjust. Michael, ill start with you. Are you changing your Shopping Habits and noticing time marchs on even though some aspects of life have slowed dramatically. They were buying more for the children and becoming simplified and obviously, theres needs growing. I think within that, we realized now that were home and organizing stuff we realized we have a lot of stuff. We have a lot of stuff. Theres an attack of trying to get rid of stuff. Just wait until the pandemic is over. Theres going to be a lot of people donating to places Like Salvation Army and good will. Youll see it. Just wait. Yeah, all right. Lets get right into the coronavirus coverage. Governor new . Says the number of covid19 cases has been moving in the right direction
This is afterall cybermonday this has a retailing bonanza and signals a Strong Economy into 2020 all right now look a this. Another market rally not huge. But a rally. The dow is going to be up maybe 20, 25 point small gain for the s p small fractional game for nasdaq this is interesting. China banned u. S. Navy ships from calling port in hong kong retaliation for the president sign civil rights measure. Little impact on the market. This morning, the pet restored tariffs on steal importses from brazil and argentine in that may have brought future down a little. Later on today president heads to london for 70th anniversary of nato youll go across world stage just as dmtds try to bring him down with another round of impeach m hearings. Oh, what a day. Another market rally shop until you drop online and yes we expect some choice words from the president of impeach m as he leaves for london got a big show varney and about company sb to begin. I want to, i want to dwell on Holiday Shopping.
Delayed. Despite her break, no sign yet of a negotiated settlement. To the market, the dow went up again yesterday closing around 24,200. But we will open just a little lower this morning. Dont know how well close. But well be off about what 60, 70 points at the opening bell this is the problem today. Morgan stanley, they came in with earnings a big disappointment that stock is down what 3. 8 in very early going thats premarket now. It is a negative for the whole market. Morgan stanley is an Important Company. Netflix different story they report late this afternoon. There is intense interest in this one. Netflix is the first of the Big Tech Companies to report. The stock has been on a tear this week. And it is holding those gains in the preMarket Action today. 352 on netflix. How about this one. An electric ford f150 announced plans to go electric on most popular vehicle in america. Varney company is about to begin. Under the order of the house of today, i am now required to put the qu