It will beevie says to salesforce what instagram was to facebook. Planning a new set of chips to outperform intel. What it means in the next generation of macs and more. First, u. S. Stocks dropped monday amid a surge in case of covid19. We are expecting to hear more about the Vaccine Distribution as states try to outline the doses, how many they will get, and one. Lets get to Abigail Doolittle with the latest on how it is played out in the markets. Breakdown that and what is to come this week. Abigail an interesting day we have had big gains on positive vaccine news and this week the vaccine will start to be distributed in the u. K. There is some expectation that will happen next week, but we had a bit of a down day in some of the indexes. We had strength is the nasdaq 100 and other techheavy indexes. The nasdaq 100 up a nice day in a row its longest daily winning streak going back to december, 2019. That strength, emily tesla the stock up 7. 1 , continuing to store up till it will be
Plan to shake up the fed before he leaves office. Theres a lot going on in the markets. Of course we have to focus on u. S. Politics, Central Banks here. We seem to be inching closer to a deal with u. K. And the eu. That is filtering through an optimism in terms of pound, and the other thing i am watching is bitcoin. Bitcoin is something i do not watch very often. It is something we need to watch out for. It has always been there, but a huge rise above 17,000, and a parabolic ascent, surging past 18,000 for the First Time Since december 2017. The mania and cryptocurrency everyone has said has reached a fever pitch, including fidelity investments. European stocks overall unchanged, slipping just moments ago again on these new virus cases as they continue to mount, and that is worrying investors across the world. To the bloomberg first word news in london with leighann gerrans. Ighann. Leighann with two senators and quarantine, the republicans fell short of the votes needed. Republicans
Is part of our brandname Virtual Event series pretty were so excited to continue the work of bringing authors in the ratings to our communities during these unprecedented times. Every week will be posting events here on our stage and just like always carbon schedule work appear on our website and you can sign up for email newsletter. It this coming monday joining us for our next event discussing his latest book submissively acquired. This event, will conclude with some time for your questions. If you would like ask the speaker something, go to the app are as the question button at the bottom of the screen weakens and that your questions. We will get through your questions. Also the bottom of the screen during this presentation it was a link to purchase a copy of i dont want to die poor. All sales are through this harvard book separated a huge thanks for your generosity. Your purchase and contributions make this new virtual possible and no more than ever, truly enjoy. Thank you for send
What happens after yesterdays big move the dow down yesterday by 2. 1 the dows worst performance going back to may 1. A lot of this was happening as we were getting comments not only from Stan Drunkenmiller and dave tepper talking about his concerns about this being the second most overvalued market he had ever seen. Comments from fed chairman jay powell all of those things adding up saying what do we need to worry about and where do we need to be concerned . Watching the treasury markets, you will see the yield for the 10year right around 0. 61 so that is with a little more pressure. Watching wti this morning, you will see that is up about 5 i think it is 2r5iding near session highs of 26 a barrel. Andrew thank you. Every day, we have a huge show another big one this morning what is on the lineup this morning. The ceo of verizon, New York Times, mohammad eleran to join us and eric schmidt who will be working with the governor of new york states and work places looking to him and that
Mentioned,as i unless there is a very meaningful material development, in which case we will change nlans, tomorrow will be a email, paper release in terms of the overnight numbers and any other news we have to report, because of the white house vtc ii on monday we will do a press conference at 2 00 instead of the usual 1 00 timeframe here. So, i am honored to be joined today, as i am every day, by the woman to my right who needs no introduction. The commissioner of the department of health. Her right another name well , the statest epidemiologist. State fart, the left, the state police superintendent. And to my immediate left represent the department of workforce development, the commissioner. I mentioned as yesterday that i asked rob to give us an update on the department of labor efforts to ensure every new jersey and new jerseyan in need of on and limit insurance relief can file a claim and receive benefits. Folks are dealing with an unprecedented crush of people trying to reach th