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And welcome to power lunch. Im melissa lee. Check out this rally right now all 11 sectors are in gree green. Taking a look at some of the stocks were watching. Salesforce is under pressure for the second day in a row, down about 7 in the last week as it gets set to report earnings after the bell and reportedly to make a deal. And we have exclusive data on how the bitcoin boom is boosting this payment stock first lets get over to bob for more on todays rally. Hey, bob hello, melissa. Good start to a traditionally good month we got talk about a new stimulus plan, janet yellen on the air and, overall, 11 sectors all on the up side. Bank stocks leading the way but technical stocks also. No dig selloff in tech that was also a november play there. Theres energy you have your value play with banks, energy up you have your growth play with tech, cyclical with industrials up and even more defensive groups, Consumer Staples on the up side ....
Pfizers chairman admits that theyre not sure if someone can transmit the virus after vaccination. And call it a box office reset, warner bros. Will release films simultaneously in theaters and streaming platform hbo max it is a seismic change, carl, in the economics for those related to the film business and well certainly be willing to and happy to take a closer look and discuss it. Yeah. Fascinating change in the economics there. But, guys, jobs numbers, the story of the morning, jim, not just the number itself and the trend it outline, but the degree to which it is going to color the debate on capitol hill today and maybe next week. I think it is enough ammo to say, look, we have to do something, there is some areas of the economy that just are cannot be sustained. Dont forget, these numbers are ahead of what will be a gigantic eviction notice that more than maybe more than 13 Million People get in january. I think this number ....
When it begins lets elook at what is driving the numbers today. Millions of americans remain out of work. Could that weakness pressure lawmakers to reach a stimulus deal we will see. Negotiations are under way as we speak. The dow up some 200 points or so two thirds of a percentage with 59 minutes left in the trading week kayla. Wilf, it is great to see you on this friday afternoon coming up on the show, door dash and airbnb ipos to come next week and a big test for appetite of some names in growth tech speaking of high growth, scott cutler, we will get his take on the e competition in apparel and sneakers mike santoli has the market covered. Ylan moi is tracking the latest movements on a stimulus deal and we will dig about sboo the jobs report with Dana Peterson. Mike first to you. What are you seeing behind the charts. Almost all news translated to good news for the market in this current mood that investors are in if you look at ....
Interest if he starts coordinating on the virus with the biden team. Like it or not, the president didnt win. The fall out this morning with ron klain, plus insight and analysis from our power house round table. Announcer from abc news, its this week. Here now chief anchor George Stephanopoulos. Good morning and welcome to this week. We may not be surprised, but we should still be shocked. The Election Results have been clear for more than two weeks. Joe biden defeated donald trump. By recent standards it wasnt that close. More than 6 million votes nationwide. More than triple Donald Trumps 2016 margin in the key mid western battle grounds. Plus wins in georgia and arizona. 306 electoral votes. The same total trump called a landslide in 2016. Faced with those facts, the president and their allies have taken their ....
Overnight, spacex got one step closer to making space travel more affordable early today starts right now glad to have you with us im frances rivera. And im paul gehrke so far more than 11. 2 million americans have tested positive, and around the country positivity rates are soaring kansas, south dakota, and iowa are all above 50 while idaho and wyoming are 40 . The highest daily total in california since the beginning of the pandemic began. Governor newsom is calls for an emergency, rolling back the reopening. More than 1 million children have been infected, and last week alone, a record of nearly 112,000 have been diagnosed. The Trump Administration have come up with a deal with walgreens and cvs. Theres optimism as a second vaccine appears to be more successful than imagined reporter announcing its potential Covid Vaccine is 94. 5 effective, drugmaker moderna says if ....