Into the end of the year. Some say good for him, it is about time we focused on hiring americans. That and more on making money. Charles apple, amazon, microsoft, facebook, netflix, yeah, all in record territory folks. [inaudible]. Sectors are higher with tech and Communications Services leading the way. As new home sales may have smashed expectations for may. 676,000 was the number there. Richmond fed manufacturing number saw a huge improvement. Then is was the bmi number almost at expansion. Wall street analysts and titans theyre coming around despite the fact they get hammered in the Financial Press for being optimistic. Credit suisse joined Morgan Stanley saying yes, well have stronger stock gains this year. Steve schwarzman says economy in for a big vshaped bounce. Where should we invest right now as we Gain Momentum . I want to bring in belpointe strategist david nelson and Heritage Capital paul schatz. Let me get your initial thoughts on the current action in the market the last
Lauren simonetti watching the markets. Edward lawrence also in d. C. , and Jackie Deangelis in new york, but on the markets, lauren, we start with you. Lauren what a day, right . Oil saw the biggest gain one day ever, up 25 . Closing just over 25 a barrel. Energy stocks rising in a big way. What happened . The president said russia and saudi arabia appeared close to a supply cut, taking oil off the market. We dont know if that will happen, if they actually agree to it or how much they will take off the market and where exactly they will put all of that crude because think about it, were not using very much right now. So supply is certainly out there. Anyway, great day for the price of oil. And with that, some of the big Energy Stocks as well. The oil news helped investors brush aside the news we got an hour before the market opened this morning. That showed last week 6. 6 million americans filed for first time unemployment insurance. 6. 6 million. If you add that to the week before, we
Broadcaster. Your books would be in the selfhelp section i think. That bugs the crap out of me. Why . I dont think were supposed to help ourselves. I dont think were supposed to do it alone. I think were supposed to help each other. So what are ticking to the rim with a slam dunk the most exciting talent playing basketball in american today comes from africa. Celtics Center Tacko Fall has fans in love, but in a yearlong investigation, 60 minutes has found that its not always easy for these young athlete. Many are deceived with false promises of an education and basketball riches. We found this man at the center of a number of suspect dealings. We talk to a lot of kids and a lot of people. You let them down. Oh, no. Oh, no. Im lesley stahl. Im bill whitaker. Im anderson cooper. Im jon wertheim. Im scott pelley. Those stories and more, tonight, on 60 minutes. ticking cbs money watch sponsored by lincoln financial, helping you create a secure financial future. Good evening. New numbers on
Go to facebook and you can also send us an email. We will get to your thoughts here in just a minute. Politics onalk thanksgiving today, and if so, what debates will you plan to be having . Your are a couple of tweets for you from members of congress. We will begin with the speaker of the house. He said this just before thanks , just beforeis out the giving, Obama Administration releases plans for 3415 new regulations. To the hill newspaper about irs employees getting bonuses. Story, thanksgiving, moved up aup fdr week and set up a political firestorm. Are you going to talk politics this thanksgiving . That is our question to all of you this morning. If so, what debates do you plan on having today . The numbers are on the screen. The lines are open, so start dialing in. Also, another story from politico this morning that the house gop could respond in immigration next week. Is this one of the debates you could be having with your family today . The house leadership is reserving time on
Tunnel as he warns of dark days to come in the next 2 or 3 weeks. Overnight us coronavirus desktops 4000. 1700 people have died in the outbreak epicenter, new york. 76,000 people tested positive in the state of new york. Another hotspot is louisiana, could soon run out of ventilators as cases spike 30 over 24 hours. Brian hawaii retiring people traveling between islands to self quarantine. As nevada issues a travel advisory to stop the spread of covid19 it is not all bad news, 7000 people have recovered in the us, 1000 more than yesterday, one of every eight that gets tested ends up tests negative but stunning to think we are at 7000 deaths and we are going to get between 100200,000 deaths over the next month. I cant wrap my head around that statement and we could be doing everything right and everything they tell us and still get to that number. We top people with the virus, now if that happens we will be by far the top of those 4000 dead, tops for people around the world with the vir