Will it work . One of the main incumbents, good rx, shares their answer to the new competition. The bitcoin rally continues, but for how long . Brad darling house will have his take later this hour. Tech share is leading the market higher as more covid restrictions, staying at home for the foreseeable future. Scientists are racing to make advances on the vaccine front, but there is a long winter ahead. Joining us now is abigail doolittle, taking a look at the Market Movers of the day. A lot of conflicting strands. How does it add up . Yesterday, we had the bearish , the risk off news about Public Schools closing. The Biggest School systems in the u. S. Closing on the virus. We have hospitalizations at a record high in the u. S. Stocks yesterday sold off. Today, they rallied. They started in the red, and were flat on the day most of the day. At the end of the day, the nasdaq 100 climbing by about three quarters of 1 . Once again, we have the disconnect between stocks and a reality that
Washingtons partisan battle. Joining us now is bloombergs chief content officer marty schenker. Many people thought this was an inspired choice. It ticks so many boxes. Just your sense of what this means for how washington is now going to operate. Martin i wouldnt describe it as necessarily inspired. It is an inspiring lee safe inspiringly safe choice because she is so wellknown on both sides of the aisle. I think she will have a relatively easy time getting confirmed. She is a traditionalist in many ways. She has been at the fed. Shes been at the white house. Shes a great believer in consensus. I think that is what you are going to need with the incoming treasury secretary. Alix nonetheless, it is the first woman treasury secretary, the first woman to lead the fed. This is definitely in that respect a boulder choice. However, how do the progressives feel about her . Marty i think they are very supportive. There is reporting out there that Elizabeth Warren was the person who recommende
Republican leader Mitch Mcconnell says President Trump is right to protest the vote cap. The u. S. Sanctions more people in hong kong over chinas increasing control. Washington has suspended its treaty with hong kong and ended reciprocal treatments on shipping. Haidi lets take a look at this market situation we are setting up for. It is firmly risk on after all the really bullish view overnight on account of the high efficacy from the biotech vaccine. Asx 200 trading higher by 1 10 of 1 . It is a handful of asiapacific markets there is or going into overboard territory. One of those is new zealand. We are seeing kiwi stocks of about 9 10 of 1 . We have the rbnz decision ahead of us this week but that market is up now for six consecutive sessions. Nikkei futures reversing pretty dramatically at the moment. Above looking at opening 25,000 for the first time in 30 years. Trading at thell highest since november 1991. A quick look when it comes to u. S. Futures as well. S p active futures u
Theirx joins us to share answer to the new competition. And, the bitcoin rarely continues but for how long . But first, tech shares leading the market higher as more covid Restrictions Mean more staying at home for the foreseeable future. Scientists are making to make advances on the vaccine front but there is still a long winter ahead. Joining us now, Abigail Doolittle taking a look at the Market Movers of the day. Lots of conflicting strands here. How did at up did add up . We had the bearish news yesterday about Public Schools in new york city closing server restrictions on the biggest schools in the u. S. Stocks yesterday sold off. Today . Not so much. They were basically flat on the day. At the end of the day, the nasdaq 100 climbing by three quarters of 1 . We once again have that disconnect between stocks and the reality that would seem to be concerning about the narrative seems to be stocks are looking forward six or nine months on the vaccine starts to get into the system a bi
Now because you are only the second wealthiest man in the world, right . Many companies are racing for a vaccine. This ceo is emma wants me. Has a vaccine that will help cure covid 19. How me times a day to people ask you when youre vaccine will be available . Regularis a very question. Have alluently, we been delighted to see the very recent years that some of the first results coming through on vaccines. Yesterday, i was on a call last globalith 10 of the pharmacy ceos that are heavily involved in bringing solutions to covid. We are excited and optimistic to see the first data come through and looking forward to seeing more come through in the next six months or so. We have three vaccines and the clinic and to therapeutic treatments. Everyone is understandably inpatient. We wipe off with the pandemic 500 billion of value with the world. I think that we can be increasingly optimistic that the science will win. Mobilizedry that has so fast it will start to bring Scale Solutions and we