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Day of trading, but the Broader Market was done a bit for the week. Disney plus blew away expectations, can they give netflix a run for its money . And a wave of celebrities are getting into spacs. My colleagues, ben levisohn, carlton english and jack howe. Ben, a tale of two markets. Everyone was so excited about doordash and airbnb x then the market slud a little bit. Finish. Thats right, jack. Ipos got so much attention, it was almost as if the rest of the market didnt exist. I know i had to go check to see how we were doing on the week. Airbnb, as you said, more than doubled on its first day, doordash gained 86 . There have been 19 ipos that have doubled on their first day this year, and thats the most since 2000, the dot. Com bubble. Despite all that, the market did finish down just a little bit, the dow was down 0. 6 , the s p was off 1 . And its really bad data, jobless claims, but i think it was really more about political ....
Thrilled you are with us on Bloomberg Radio and bloomberg television. It was not the surprise of moderna on the ratios. It was the surprise of how well they are able to get the vaccine out. That lifts markets up. Is a correlated left pop it is a correlated lift. Jonathan maybe the message is dont bet against human ingenuity. Keep the faith and the science. Last week it was pfizer. This morning, moderna. The efficacy rate, 94. 5 . It is where the rally is that gets peoples attention. It is not the big cap tech. The story that rolls up his smallcap america, and the International Value story as well. That is the great debate of this very moment, the shortterm problems, the issues across america, and the longterm hope that we get that texting. Tom lisa, what do we see we get in the vaccine. Tom lisa, what do we see in fixed income . We are not at the full faith and credit o ....
Boost the recovery. Larry summers says the coordinated Global Response is needed. And airbnb books an ipo in new york, aiming to list shares on the nasdaq. Booking through september a total of 18 billion. Although it admits covid19 continues to affect the business. Lets take a look at the asx. More than normal when it comes to the australian soft market after it had the data disruption out. Yesterday was the longest outage in about a decade. Of course, it meant australian traders missed out on the bulk of the days rally. Only trading for a halfhour. We are seeing a pretty modest start, less than 2 10 of 1 higher at the open. Perhaps some caution there could be more technical difficulties. We are seeing gains when it comes to trading in new zealand. Nikkei future setting off on a bad foot as we are seeing some profittaking. It does look like the vaccine driven optimism and the rather we saw overnight will continue, with s p active ....
The proper manner. Chris we will talk with republican senator mitt romney, who says the president is inflaming dangerous passions. Plus Congressional Democrats have a disappointing night, failing to mount a blue wave in the senate and now holding a thin majority in the house. We did not win every battle in the house, but we did win the war. Chris we will ask our sunday panel about the new balance of power in washington. And our power player of the week, a fascinating look at the u. S. Army through the eyes of its heroes. All right now on fox news sunday. Chris and hello again from fox news in washington. Here are the headlines this busy sunday. Joe biden is now projected to win at least 290 electoral votes, more than enough to become the nations 46th president. In a tight race against donald trump, who is challenging the results in a broad legal offensive claiming fraud and voting irregularities. The president , yet to co ....