Open, but the dow currently having its best monthly gain since january of 1987. That ev revolution, it is rolling on in the stock market tesla tops half a trillion dollars in market value for the first time shares of nikola sinking this morning. Covid surge, cases and hospitalizations at record levels why experts fear thanksgiving could be a socalled accelerator event. Lets get your take on where you think sentiment is now i saw you writing yesterday about the fear and greed, pointing more to the greed. People are there is a belief phase in this rally that has probably started this comeback from march, eight months ago, ishas fed on disbelief. Between the seasonal forces being strong and the clearance toward this post covid moment with the vaccines, it all did come together. Also, though, with the grab for cyclicals, laggards, anything that moves fast, anything that seems like it was really dented up by this whole phase, now, sentiment, it is not a moment in time people say, all too bu
Down days for the markets. Right now s p down by about 11, dow by 96, nasdaq off by about 47 we were so close to you dow 30,000 earlier in the week, but that seems to be slipping away a little bit 29,400 and change is where the dow is right now and again, down two days in a row, down again this morning and after yesterdays declines, all three of the major averages are in negative territory for the week a lot of things happening with covid and well talk more about that in a moment, but some of those concerns creeping back into what you see in the markets. If you are looking at the treasury market, the yield on the ten year right now is sitting just at about 0. 852 and the vix also spiking yesterday, probably a little bit on concerns about what happens as we go back into some of the lockdowns. The seesaw of good and bad news on covid. And well give you a bit of good news that happened overnight in the vaccine wars developed by the university of oxford and astrazeneca found to be safe. An
Consumer in this covid economy and a ventilator boost from medtronic, but sales for other medical devices remain lower medtronics ceo will join us exclusively later this hour. Carl, jims shaking his head already. I dont know speculative market ive ever seen i was going to say, jim, i mean, what a confluence of headlines and then to layer on what you were talking about with becky, this seemingly endless generational bid for stocks in general. You know, look at these plug power did a deal last week, 38 million shares of 22. 25, norwegian did a deal of 40 million shares at 20. 80, carnival did a huge deal at 17. 59, up huge on that, American Airlines did a deal, huge amount of stock, and about price that is a dollar below where this it is trading. Ive never seen anything like it where are the profit takers . Where are they i dont know. This is listen, we have been talking about this new cohort in the market, theyre for real, man. They are real it is not just ev stocks that are ev Companie
How a new outlook on Racial Justice might show up on the field. And Climate Change warriors. In eye on innovation, how a tiny deep sea animal could be showing us the way to a cleaner planet. First, heres todays eye opener. Its your world in 90 seconds. I still like playing it down because i dont want to create a panic. Newly released recordings show what the president knew about the coronavirus and when. Its clear the president knows what the stakes are, but hes not sharing that with the public. This is the tragedy. The president of the United States has a duty to warn. Knowingly and willingly lied about the threat to the country. Im not going to drive this country or the world into a frenzy. Reporter a whistleblower at the department of Homeland Security says he was demoets forward refusing to change intelligence reports. I dont know who he is, and its hearsay. The whole community is decimated. We need more firefighting resources. An epic wildfire battle up and down the west coast. Or
Im very excited to tell my daughter all about it. For those of you who have not followed, through the artimus, the American Government will send astronauts to the service of the moon, another man and woman to the moon, which is very exciting. Conduct new science, prepare for future trips to mars. Today only 12 humans have walked on the moon. That was half a century ago. The artimus provides the opportunity to add numbers to that, of course. Lunar exploration has brought the most recently detailed in fy21 omnibus spending bill, and certainly we support this effort and endeavor. Why dont we go to you first, darlene. Reporter thank you. Can you update us on the president s thinking on forgiving Student Loan Debt . There are groups who are pushing for the president to forgive all Student Loan Debt. Where does he stand on all that . Sure. The president has and continues to support cancelling 10,000 of federal Student Loan Debt per person as a response to the covid crisis. Hes calling on con