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Good tuesday morning. Welcome to squawk alley. Post nine. Obviously a major rally on our hands again this morning. The nasdaq hitting 6,000 for the first time ever. You have facebook, google, netflix, microsoft, a number of other names hitting alltime highs. The broader averages seeing big backtoback days of gains. Joining us to break it all down is our Senior Market editor. First backtoback 200point gains since election, november 8 and 9. The dow outperforming a little bit today thanks to caterpillar, but i do think its interesting. Yesterdays move i thought was a little bit too highly calibrated. It was a quick 1 . It just sat there all day. Didnt feel as if people were confident enough to say this was the start of a run back to the old highs. Today is different. Its more based on corporate fundamentals based on the fact that the market didnt just make it a oneday wonder and well look for followthrough. S p 500 up half percent wi ....
Power lunch starts right now. All right, welcome, everybody. A big show as you can see. The dow, the nasdaq and the s p 500 are all higher. But is the stock market getting a little too cozy with one likely election outcome . Well tell you why the races you arent watching may be the most important of all. Meantime, the big sectors also higher across the board, health care really the standout, shares of United Health are soaring. Also, look at the semiconductor space. Chip stocks on pace for the best day of the month. Intel, big upgrade. Well tell you about that. Brian, thank you very much. Welcome, everybody. Im tyler mathisen. Here is what else is happening at this hour. Millions of Social Security recipients will get a monthly increase in benefits next year. How big . 3 . That is the fifth year in a row that Older American ....
Just thought made for prettier sunrise. Its not going to stop us from getting back to the 80s for High Temperatures. We did squeeze out 80 on the dot yesterday afternoon. I think today, a little bit warmer. Were at 64 degrees now at Tampa International. 67 in st. Petersburg. Still some 50s inland. And to the north. But well go clouds, sunshine and 83 degrees for a high today. And 85 for a high tomorrow, vanessa. All right. Dave right now were still watching southbound delays on 49th street north in south of roosevelt boulevard. We have those back up still toward southern half bay side bridge. Were still urging folks to take uni19 running a lot clicker completely green id saw about 5 minutes or so if you take that. More updates on that to come watching this crash on Manatee County area this is parish. 1 in avenue e ....
Into our newsroom. Allegations of collaborations with cab industry to keep uber and lift to operating in hillsborough county. That was at topic of an emergency meeting this morning of the hillsborough Public Transportation commission. Fox 13s aaron mesmer is there sounds like they were ment of fireworks at that meeting. Yeah, got a really heated. Got contentious at timesBoard Members used lot different words and phrase circus witch nt collusion. And sham as they argued with one another. At state was a Public Perception of the Public Transportation commission. And also the future of executive director kyle cochran has come under fire after emails surfaced between him and members of taxi industry in which he worked with taxi and limo drivers to partici ....
And it. L we were hanging on the edge of panic. Fareed health care hysteria. Wars. Mass shootings. Gunman opened fire fareed racial violence. This guy is a racist. But barack obama made some big bets that paid off. Troops came home. Gase got married. S got married. Enemies were vanquished. Millions on health care. Sometimes tragedy gave birth to hope. He sang Amazing Grace he channeled that as president and it was a profoundly important moment. Fareed but as a new era begins. Mr. Trump your moment of liberation is at hand. Saide black guy smiled and that president smiled and said im a black guy named Barack Hussein obama and im president of the United States. Fareed what is the legacy of barack obama. Charlie he also wrote an essay dedicated to the power of populism called populism on the march why the west is in trouble. ....