Wall street is looking for any clarity on stimulus following President Trumps tweets, suspending further negotiations until after the election yesterday but calling for targeted relief since then for airlines, Small Business and a new round of 1200 checks. Eli lily saying its seeking emergency use authorization for antibody treatment dr. Gottlieb says its a major step forward got a bit of reversal from yesterday. Quite so. On todays show, restauranteur danny meyer putting out a plea for lawmakers to come up with a stimulus plan. He will discuss what it would mean for the Hospitality Industry if help doesnt come through soon plus kara swisher on whether any of that will mean real change Steve Liesman has the fed update for us, and joining us to break it all down is jeff sherman from double line capital. Steve, lets start with you. Wilf, thanks. Fed officials in their meeting from september had begun to have concerns about the possibility additional stimulus would fail in congress. They
Points, desantis still second but hes down 6. Third, 16, his up next. 44 went with biden, 41 with trump. That slim lead is within the margin for error. Georgia, the Fulton County da wants to put donald trump on trial on march 4th, 2024, that is the day before super tuesday when it doesnt states hold primaries. Trump goes into a guaranteed chaotic trial the day before what may be the deciding primaries for the president election. In my opinion thats a delivered intrusion of a politicized judiciary. Stocks took a hit after the Federal Reserve hinted at more rate hikes to come. The dallas morning up 45, s p up 16, nasdaq up 65 lose this is what has so many investors worried, slowly Rising Interest Rates, the yield on the 10 year is about 41 4 . The two year yielding 5 , it is for 94. I will quote bitcoin because there is some movement. It has dropped below 29,000. Gas, no change, 3. 87 is your average up 0. 31, look at diesel, up another one sent overnight, 4. 34 the average up a whopping
[laughter] ashley thank you very much, charles. By the way, i drove a jalopy, and it wasnt a collectors item. Its been a gradual and small downturn, stocks slowly retreating right up until 2 p. M. Which is when the Federal Reserve released the minutes from its policy meeting last month. The reaction has been pretty mute after the minutes revealed what we already knew, that the Federal Reserve is still fully daydependent, and its next meeting will remain a live one with inflation still too high. They also, the fed appears a bit divided, theyre not on the same page. The minutes also a reaffirming that the fed does not see a mild if recession at the end of this year, but theres still significant probability for one in 2024. But it is the retailers that are making some of the biggest market moves with a surprising day in the green for target despite cu cutting its fullyear earnings forecast. Now investors also happy with tj maxx and marshalls participant Tjx Companies which beat on the top
Welcome to our viewers on pbs in america and around the globe. Hello 0n the eve of his inauguration president Electjoe Biden along with Vice President elect Kamala Harris have attended a Covid Memorial Service in washington, in tribute to the 400,000 americans whove lost their lives to coronavirus. National landmarks were lit up in tribute. Mr biden who will spend the night at the president ial guest house blair house paid tribute to medical workers and spoke of the importance of healing as a nation. To heal, we must remember, and its hard sometimes to remember, but thats how we heal. Its important to do that as a nation. Thats why were here today. Between sundown and dusk, let us shine the lights in the darkness along the sacred pool of reflection and remember all whom we lost. 0ur correspondent larry madowo is in washington with more. The highlight of the day was that Memorial Service thatjoe biden and Kamala Harris attended at that reflecting pool which provided this really beautifu
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