Significant escalation in a criminal investigation stemming from giulianis dealings with ukraine because it means a judge would have had to approve a Search Warrant on the basis that it is reasonably likely a search would turn up evidence that a crime was committed. This obviously is a major developing story. Were going to bring you the latest on what we know, the facts in just a moment and try to keep the punditry to a minimum. In the meantime we are just hours away from President Bidens first address before a Joint Session Of Congress and his 99th day in office. This news will obviously kind 6 at least overshadow things here in the district a bit if you will in Official Washington as everybody sort of hand wringz and speculates about giulianis future. Heres what we can tell you about the speech tonight. Nbc has learned the president is planning to focus on Racial Justice among other things. Hes also going to tout his administrations success in his goal avenue cheefg 200 million covid
Family was standing there wondering what just happened. Good morning and welcome to morning joe. Tuesday, december 8th. We have nbc news capitol hill correspondent kasie hunt. See never sleeps. Never sleeps. I want to talk about some news that broke yesterday, some personal news. I say personal news, not professional news because phil griffin who has been running this network for so long is going to be leaving now. Hes willie, i joked with him that he was like jim brown of, you know, the cleveland browns, who left when he was the best runner in the nfl. Nobody leaves on top when theyre at the top of the game. Phil has been at this game for 35 years, been at msnbc for 25 years. We are now finally after 8,000 years in first place. So only 8,000. I say the network. So phil decided after being here for 25 years were in first place. He decided that he was going to leave. And were really excited for him. Thrilled for him. But, you know, im very sad because phil called me 18 years ago. Actual
Up for an eighth straight day. The mega cap tech names making the new milestones josh, the big five as we say amazon, apple, facebook, alphabet, microsoft all but alphabet hitting the new highs today crossing 6 trillion as you flag end market cap for the first time ever. They, amazingly, are now equal to the next 24 largest s p 500 stocks combined. You flag that. Yeah. What do you make of it . Yeah, so my research. We put this up last night. Just incredible when you think about the companies that make up that next 24 were not talking about small potatoes were talking about jpmorgan which is a 300 million cap and pepsi, coke, mcdonalds. Its really wild and these stocks now are just going parabolic. I think i want to maketwo points very quickly. The first is that this is not unprecedented. In the mid 1960s just two stocks General Motors and at t made up 14. 5 of the total market cap of the s p 500. And the top ten names in the mid 60s made up about 50 of the market cap so, we have seen t
Welcome everybody. Our breaking News Coverage of the market continues now welcome once again to my kitchen. Big rally to end the week on wall street. The dow up about 400 points right now on reports that coronavirus patients are responding positively to a gilead drug. Its tale of two dow stocks today. Boeing surging as it gets ready to resume airplane production in Washington State apple is sinking as Goldman Sachs says the stock could fall as much as 20 on lesser iphone sales. Crude getting crushed. Just how low can oil go . What happened with all those production cuts. Kelly. Welcome. Over to you. Thanks so much. We have full Team Coverage we have a rally, kelly. Its getting harder to push it forward. Were now pushing up against the 50day moving average for the s p 500. Sectors that are most beaten up this week are doing well we highlighted this all day. Finally small caps out performing banks out performing home builders, industrials oil down as much today even the energy stock is r
Exchange. This is where we bring you todays market moving news from all around the world. Frombeijing to beirut, istanbul to washington, our bloomberg voices are on the ground with todays top stories. We have chinese pmi numbers that beat expectations, a positive sign as the sectors improvement is crucial to stabilizing the chinese economy. Joining me on the telephone is beijing. s bureau chief how much encouragement should we take from these numbers . Reporter it was slightly higher than what economists expected. New orders also moved into expansion for the first time pointing toall signs that economic slowdown may be reaching a bottom. Looking into 20 20, we also have indications that Infrastructure Investment is going to increase, and hopefully some of that takes. Of course, if this socalled phase one trade deal with the u. S. Comes to pass, that will involve tariff rollbacks, which will also be a boost for exports. Positive signals here in china. Thank you so much. We go now to the