Claims came in better than expected, 709,000 signaling more improvement in the labor market. And treasury yields dropping sharply following yesterdays bond market closure. Thats putting pressure on banks, which are among todays worst performers though still strong performers for the week 59 minutes left in the session, sara every sector firmly in the red. Ahead on todays show, chipotle unveiling its first ever digital only restaurant this week without a dining room or a line for ordering we will speak with the ceo brian noccol about the strategy there. And Jeremy Grantham said he thought the market was a mccoy bubble we will get an update on his that it is since those comments. Disney, pal an tear and cisco reporting after the bell we will bring you the numbers as they happen. Mike, whats the market dealing with. Contending with worries pileup of news on the shutdown, on the virus, maybe getting worried about what growth is going to look like in the First Quarter or two the s p 500 was
The midst of the pandemic. U. S. Stocks rising today despite no new stimulus. Yet, even shares of google. Alphabet shaken off the threats of antitrust scrutiny. Joining us, abigail doolittle. Why would google shares rise on a day that the Justice Department is filing a suit that could threaten to break google up . Abigail not the response you would expect from Investors Committee u. S. Suing alphabet usingcusing it of monopolylike powers. This is not exactly new. Theres been many shots across the bow. We have had executives from many of these Big Tech Companies testifying before congress for a couple of years now. The fact that google is underperforming on the day. At one point, it did dip briefly lower. You could make the case that it is really priced in. The stock price over the time period when we have seen some of the congressional testimony, it has underperformed some of the other Tech Companies, telling you that there could be some idea that investors are not surprised by this. W
From their homes in azerbaijan families have fled their homes and hearts are to take refuge in a school Bernard Smith is in melbourne a car but. There was this shelling of targets in step and with large large scale weaponry and thats the 1st time thats happened here since the end of the war in 1994 and there were further targets hit this morning but as really spooked people people are very concerned more women and children are leaving the city and others are taking shelter below ground so there is real concern about the the change of tempo here really as people worry that this conflict might escalate before theres any chance of it deescalating. Spain is limiting who can leave or enter the capital including setting up Police Checkpoints as part of new coronavirus restrictions the Central Government insists the measures are necessary but a regional official say the shutdown will cause uncertainty and unrest sudans traditional Transitional Government has signed a peace deal with the rebel
Mcconnell says all legislative activity will be rescheduled to later in the month but Committee Work like the confirmation hearing for a Supreme Court nominee Amy Kone Barrett will continue. To other code news and indias surging outbreak has now killed more than 100000 people nearly 10 percent of all cope with 19 related deaths in the world its the 3rd country to record that number after the u. S. And brazil india was hit harder than any other country in september causing the highest daily number for infections. In the world. The use of mosques and Hand Sanitizer has gone down drastically even messages on phones when you call someone about the use of mosques sanitizer and social distancing people are listening to it i need to ignore it even in the hospitals people come here without mosques inside the hospital we remind them to use mosques but they take the mosques off again and again francisco that 1000 outbreak has once again hit record levels with almost 17000 new cases confirmed in
Several times in the past few days including on tuesday to the debate in Cleveland Ohio a White House Correspondent kimberly how has more from outside the press office the questions that are now swirling in washington are why if the whole pics was expressing or at least exhibiting symptoms of 8 cope at 19 but there were precautions that were being taken for the president and the 1st lady and presumably others that came in close contact with her its reported that hope x. Was on air force one without a mask and that also that she was very close to the president and even the Vice President as there were proper ations for that 1st president ial debate that took place last tuesday. The diagnosis has thrown the president ial Election Campaign into confusion trump has canceled his next planned event in florida were expecting a statement soon from the Biden Campaign alan fischer has more on that we do know that joe biden will wish the president and the 1st lady all the best but its a question