On a covered relief package, is congress truly ready to drop the politics and throw the financial lifeline to millions of americans, Peter Navarro is about to join me live from the white house the president s top trade advisor helplessly demanding more from billions and coronavirus aid to form what he calls a physical bridge between the terrifying covid spike were seen today and widespread vaccine distribution, why hes breaking with cop senators who are resisting the relief package. How do salesforce is 28 billion acquisition of work from home darling slack really go down, slack cofounder and ceo Stuart Butterfield who grew up in a cabin with no Running Water in canada. What a story, he will take us inside the room to tell us how he got a price for his work from anywhere in prior that has some on wall street raising eyebrows but not salesforce. We begin with the fox business alert, could we be days away from a covid relief bill, House Speaker nancy pelosi holding a News Conference a co
Statewide restrictions on thanksgiving celebrations. We will show you the exchange. Chaos in the city in the state. Do as i say, not as i do we have been hearing a lot of that and rightly so because there are so many examples of democrats especially very rich democrats breaking the rules they impose on everyone else. Now, we find california Governor Newsom dined with Health Officials and lobbyists, no mask, inches from each other breaking his own rules. Theres the mayor of philadelphia squeezing in Indoor Dining hours before he banned it. Thanksgiving is one week away. How will america handle the lockdown when our leaders do what they please . Thats the same throughout the show. Not that Much Movement in stock prices of this morning with two days of decline taking the dow jones well below the 30000 level. Not Much Movement at this point. There is vaccine news. Phase two of the astrazeneca vaccine trial shows a strong immune response in older people, good news. It uses Different Technol
Im becky quick along with yoe kernen and Andrew Ross Sorkin. As joe mentioned, we are seeing green arrows today reversing a lot of the losses that we saw yesterday. Yesterday the dow was down by 317, this morning it picked up 272 points in the futures so far. Also the s p up by about 32 after it was country down by 1 yesterday. And nasdaq up by 95 this morning after it was down about 76 points yesterday yesterday was the worst day of the month, but there are crazy good numbers dow up by 10 for the honesty to da month to date and nasdaq is up 7 for the month of november so far too. Also lets take a look at the treasury market. The ten year note is sitting right at 0. 896 . So back below 0. 9 , we had flirted with the idea of seeing it finally hit 1 , but it is not there yet. Andrew thanks, becky as joe mentioned, president elect joe biden has nowofficially won the state of arizona, nbc making that call late last night. He is the first democrat to win in arizona since president clinton b
Transition naming a longtime democratic confidant as chief of staff. And the wait is officer as tas over as the masters tees off. This is worldwide exchange. Im all right be in worry about me, you got to give me a fight good morning, everybody, from wherever in the world did you may be watchings did you get the golf caddy shack reference there . I know it is early lets tee it right up and get to a check on the markets and your money. Futures are mixed, but they are turning around at this hour, you mostly get the overnight trade, but nasdaq futures did just turn in the green. No new records yesterday, the dow do do dow down you a bit on wednesday. Did that break the new record high but it was a big day in many ways otherwise and maybe a big sigh of relief for many tech investors as the nasdaq bounced back after a tough beginning to the week. Big gains on stocks that also had a tough start to the week. I just combined apple and amazon well call it amle here we go zoom, decrease could yoc
Good afternoon. Welcome once again to power lunch. Im john for tte, energy up 13 this week and financials also down about 2 . Its the regional banks seeing the most pain, first republic, pnc, truest financial leading that sector lower. And Airline Stocks all lower as we get a clearer picture of what Holiday Travel will look like in this persistent pandemic first, lets get to bob pisani for more on the Market Action today. Bob. Hello, john what happened to our value rally . Banks and things like that moving to the up side, Energy Stocks it got smacked by Covid Concerns and by the lack of stimulus. Thats a problem what do we do . Hey, lets go back and buy workfromhome stocks again. The docusigns, zoom videos, activision, some of the other tech names are barely clinging on to gains. Service, which is a big what we call a high beta mover on the day is on the up side. So are some of the Semiconductor Stocks but the rest of the Technical Area is pretty much split to the down side. Another gr