Screen is driven by not the feds comments, a little boring with the zoom box or retail sales that we got or housing numbers. But what is happening at the mornings Research Meetings all over the country today where the down gained 37 points and the s p dipped and the nasdaq lost 1. 25 . More on that later today seemed like it was dominated by the fed in the amazing snow flake ipo and as someone that helped bring the microsoft ipo to goldman sachs, i know a big deal when i see one. More on the demons the deal unleashed. We had a nice rally going today and thats about what is going on behind the scenes every morning they have a meeting where they pitch the sales force on individual stocks and entire industries as buys or holds or very rarely sells after the pandemic got rolling, almost every piece of research that came out cut numbers. For individual companies and suggested the situation would get worse. The conclusion ive never seen so many sell eric men dae eric men dae er recommendatio
Quote the United States and the world will remain vulnerable to the next pandemic or largescale outbreak of contagiousd disease. That could lead to a massive disability. Th and severely affects the worlds economy a. Strain international resources, and weak call in the United States support. We must ask ourselves, what are the warnings that are going unheeded . What can we do right now to protect the American People from other threats . Before the unthinkable happens in the future, how can we exercise strategic and persuasive foresight to the best of our ability today to ensure we are a nation prepared for tomorrow . That same worldwide threat assessment against Cyber Attacks with china, russia, iran, north korea, raging a silent work capable of shutting down such Information Systems and jeopardizing critical sectors in america. The report states, and i quote , our adversaries and strategic competitors increasingly use the cyber capabilities, including Cyber Espionage, to attack and see
All of faang higher with names like paypal up 5 today. We have two bad final hours of trade over the last two sessions and we have sold off over the last couple of hours off the session highs as we stand. Ahead on todays show, well speak exclusively with Thomas Barkin on the heels of another massive jobless number why he says we may be at the bottom of the downturn he just said that on a podcast about an hour ago. Plus, former treasury secretary, jack lew, will join us to discuss the governments tuss efforts and whether cash is going to the right places and the countdown to another big afternoon of earnings. Uber, roku, dropbox and trip adviserme adviser. Well bring you all the numbers you need the know as soon as they hit were off the session highs. Dow high was 430 points. Up 206 just shy of a percent s p 500 and nasdaq still up more than lets focus on the big stories mike is tracking the market rally. Meg has the latest on moderna jumping on news surrounding its vaccine candidate, b
That makes it the choice for many u. K. Citizens seeking to retain an eu passport. The busiest month for u. K. Application for february and march ahead of the original march 31 deadline for the u. K. To leave the eu. In seattle, Public Schools say they will exclude kids from classes but are not if they are not vaccinated after the winter holiday. The moves come as Washington State lawmakers voted to get rid of an exemption for the measles vaccine after two outbreaks sick and 87 people and forced a state of emergency. Global news 24 hours a day, onair, and on quicktake by bloomberg, powered by more than 2700 journalists and analysts in over 120 countries. Im mark crumpton. This is bloomberg. Live from bloomberg World Headquarters in new york, i am vonnie quinn. We are joined by a our bloomberg and Bnn Bloomberg audiences. Here are our top stories. The santa claus effect. Traders assessing and equity rally that has added more than 5 trillion dollars to the market this year. With that las
Cigna came in with great earnings and a revised higher fullyear forecast. The stock taking a bit of a dive down 2. 5 . 5 coming up, we will hear from the ceo David Cordani after that result. Guy lets talk about what is happening in europe. The oil sector is lower because of shell. The Mining Sector is down. Chinese pmi data was super weak overnight. That is what we are focusing on, particularly the manufacturing side. Weve got this sorry surrounding what is going on with the trade narrative. The lighthizer deal, basically the chinese arent convinced. Volume is reasonably good today. We are seeing a big moving yields, as you can see. Bonds are bid, yields moving lower. We are 41 on the german tenyear. Chinese data is feeding into that story. Treasury yields moving exactly the opposite direction you would have thought if the fed is going to stand pat from here. Keep an eye on the 97 level on the dxy. Eurodollar, 1. 11. We are absolutely flat on the session. Vonnie the fed cuts for a Thir