One of the hottest stocks in the market, General Motors dives in and the ceo will join us in just a moment power lunch starts right now welcome to power lunch. Im dominic chu. One bright spot is the Housing Market you have restoration hardware, williams sonoma, theyre jumping and then you have trex, which makes decking and railingtype products for homes and two Retail Stocks hitting new highs, will brands a the a 52week high, target at an alltime high yet again today after its big blowout Earnings Report yesterday. And, kelly, you mentioned the electric vehicle trades tesla a the at a new high is up 20 in just this past week kelly. All right, dom. The dow sliding today and heading now for a down week. Lets go to bob pisani for the action the markets are still having a hard time to figure out on what to focus. Do you focus on the spring reopening in 2021 and Second Quarter or on the covid winter right now . Today a little more focus on the covid winter the good news is tech which has be
Needed if we cant flatten the curve quickly. We know and have seen in the past covid goes from zero to 60 Miles Per Hour quickly that were in a place today but that can rapidly change. Maybe not statewide, maybe just in the hand full of counties but further restrictions is what we open to avoid. We hope todays actions, our collective coming together and resolve to, you know, keep our protective behaviors up will help us stem the tide and bring the surging numbers down. Now, the states 14day Positivity Rate is 5 . Two weeks ago, it was just 3. 3 . Dr. Galley says cases have risen higher and faster because of a combination of factors like colder weather, more mixing, more reopening and greater travel. It is still unclear how the limited stayathome order will be enforced but dr. Galley is asking residents for their compliance and try to stay home between 10 00 p. M. And 5 00 a. M. Live in the newsroom, cornell bernard, abc 7 news. Thank you, here is look where the coronavirus cases stand
[ crowd chanting ] contested elections. Undelivered ballots, legal challenges for days. What role the courts will play in this historic election. Good evening, whoever wins the presidency will do so on a razors edge we think well know before the newscast ends in a few hours but the winner has no mandate. We are not one United States, not right now. The evidence is irrefutable. We are two tribes who see this nation, its troubles, its trials, its triumphs vastly differently. We have our own priorities, goals and aspirations. We disagree about what america is and should be and many of us appear primed for a fight. Theres no solution that magically presents itself upon transfer or continuation of power. At some point maybe we better understand each other and Work Together towards common goals, were not there yet. Thats clear and if the elections process has taught us anything its that the road to unity does not run through it and may, in fact, lead us further from it. That said i can repor
Steve smith. Good tuesday morning, everybody. It is 11 00 a. M. On wall street and squawk alley is live good tuesday morning, everybody. Deirdre bosa with us we are kicking off one of the toughest months for stocks getting a nice start here as the s p hit an alltime high we continue to watch the large cap tech names that include stocks like zoom and percentage gains that make your jaw drop. Absolutely, carl. Speaking of zoom, i have been calling it the consult of zoom, we have been talking about those incredible numbers, climbing market cap, remember they went public at a 9. 2 valuation. Take a look at these results, this chart says it all the increase, the step up, year over year, the earnings was something to behold. And at the same time, guys, it is our job to throw a little cold water on a quality like following. If you think it can become the next blue chip tech stock we saw in the results last night that it is growing a base of small users and it is making up a larger portion of
The first day was interesting. It was great. We greeted in the parking lot. We had to take temperatures and parents as to some questions about health, making sure that everybody was healthy at home and the students themselves. Reporter this is a special limited Access Program for only a few classrooms following Strict Health department guidelines, ensuring everyones safety. Across the street, caleb kohn is with his two kids. Jojo and torrin. I asked him what he prefers for his family. Active class or online attendance . Obviously, smaller classrooms would make more sense, but i dont know. Its too hard to know right now. Reporter todays class started right on time. They were very excited to be here. Sat down in their desks and we just waited for morning meetings to start. We are watching this very carefully and again, i will say it. I have said it many times. With the guidance of public health. Reporter caleb says he hopes the Pilot Program works out. Let them get some energy out, but t