Comes to the coronavirus adding more than 150,000 new cases on thursday alone President Trump is expected to give an update on operation warp speed in just about an hour. We will take it for you live 59 minutes left to go in what has been wilfred a wild week of trading of one that is higher. Higher for the week higher today as well up 1. 3 on the dow coming up on todays show we will speak with chicago mayor lorie light about her lockdown advisory and the potential economic fallout as cases surge in the state of illinois plus it has been a big welcome back for the bank stocks with the kbw bank stocks up 10 the ceo of kbw will join us to discuss whether there is more upside ahead for the sector. First the big stories. Mike santoli is tracking the market meg tirrells that latest on treelts and vaccines as we await an update from the president and Steve Liesman is looking at the impact of the coronavirus surgeon the economy. Mike, the market up 388, and the dow having been up 400. You lock
Tell us volatility is back, but were not seeing it. This morning the vix is trading at 10. It marked the second time this year that the vix traded below 10. Overnight in asia, take a look and youll see the nikkei was up by 0. 7 . Hang seng was up by a third of a percent. The shanghai was down by a third of a percentage point. In europe, some of the early trading, things are relatively calm. Ftse up by a half percentage point. Modest gains for the cac and dax. Among the top stories, big news out of hollywood. The Writers Guild of america reaching a tentative agreement with the alliance of Motion Picture and Television Producers avoiding a Writers Strike. They reached an agreement just after midnight. The Writers Guild had threatened to strike today if an agreement was not in place. Infosys making a big bet on america. The Company Announcing it will create 10,000 jobs here in the United States of the next two years. Those jobs will focus on the cloud, Artificial Intelligence and big data
Trumps 47. 4 , biden has 304 tlorl votes to trumps 232. That is a score trump called a landslide when he was on the right end of it. Today, president elect biden is meeting with his transition advisers and preparing to take office on january 20th. The team is forced to reach out on their own to governors and Health Experts and private sector to prepare since the Trump Administration is refusing to begin the transmission process. Trump is set to speak any minute from the rose garden. These will be the residents first public remarks since president elect biden was declared the winner of the 2020 election almost a full week ago. Trump has, so far, refused to acknowledge his electoral loss in any way at all, though the writing has been on the wall for quite sometime now. More news of finality in recent hours with pennsylvania announcing bidens margin of victory is way too big to trigger an automatic recount. A law firm representing the Trump Campaign in pennsylvania has withdrawn represen
Security council. As the New York Times reported at the time, quote, the elimination of the Cyber Security role is likely to increase concern of the Trump Administration shorthanded and unprepared to deal with increasing Cyber Security threats. Last night senator blumenthal said on this show the russian cyber attack made him both alarmed and scared. He could not fully elaborate because the information was classified but tonight we have a better understanding of why that might be. Politico reporting the Energy Department and National Nuclear security administration, which maintains the u. S. Nuclear weapon stockpile have evidence that hackers accessed their networks as part of an extensive espionage operation. The Energy Department since released a statement saying at this point, the investigation has found that the malware has been isolated to Business Networks only and has not impacted the mission of National Security functions of the department, including the National Nuclear securit
Media to spread disinformation. How an election season of sabotage led to a Holiday Season of delays and other issues. The u. S. Postal service. Congresswoman katy porter will join us on that. All in starts right now. Good evening from new york. Im chris hayes. Its beginning the look like the single biggest hack in history. Were learning more about the breadth of it every day. You may remember back when the coronavirus pandemic first hit, many people pointed out part of the reason its implausible the part of the reason our government was so unprepared was because the Trump Administration had reached in and disbanded a White House Pandemic Response Team in 2018. Now, as more and more extremely worrying details about russias massive cyber attack on our federal government come to light, assignments worth pointing out days after getting rid of the Pandemic Response team, the white house eliminated Cyber Security coordinator. The elimination of the Cyber Security role is likely to increase