Of optimism into the market. Thats sending a huge swath of the markets to record highs, as president elect joe biden gets clearance from the Trump Administration to begin preliminary transition protocols. Yes, it crashed through the 30,000 ceiling but can the dow close there . Heres what you need to watch in the next call it 59 minutes with me. The dow has got to be up 359 points for a brand new record. But were above 30,000 and that means we are up about 437, just 29 points above 30,000. So you get to do the math there. The s p has got to be up 49 points. We are at the moment up 55. No record for the nasdaq, but it did pop above 12,000 for the very first time and we are still there, 12,026. The russell, im not going to ignore it. I know you russell fans. These are the small and midcaps. Any gain is a record. The dow transports also about to close at new alltime highs. We are watching it all so closely. But as the markets say let the good times roll, there is a darker backdrop at this hour. Millions of jobless americans, have you seen these pictures, lining up for miles at food banks just ahead of thanksgiving. Can Corporate America answer the call . Wait until you hear how jersey mikes subs is putting its money where its mouth is. Jersey mikes ceo is here with some delicious news from his 2500 franchisees. This is a fox business exclusive. And with every penny counting these days for american families, drug Price Comparison giant goodrx is facing a challenge. The specter of amazon pharmacy muscling in on its turf. The coceo is here to tell us how he plans to fight the Online Retail giant. Weve got a fox business alert here. Lets set the stage. Checking the dow, right now, we are above thats a brand i like that. See that . Big animation here. 30,000. We are at 30,002. Seven points. Watch it every single second here. All right. From january 15th when it hit 29,000, it took 218 trading days and a lot of angst in1,000 poin. If you pick apart the dow 30 names at the moment, it is boeing, chevron, exxonmobil and the big banks that are firing up todays rally. Crude oil, by the way, now at its highest level since the march collapse. Remember when it went negative . Down 40 . Brings up the question, though, will a joe biden presidency be easier on fossil fuels and Energy Stocks than initially feared . Right now, crude stands at 44. 79 in the aftermarket, a gain of four full percentage points. Lets flip it to the airlines. Look at American Airlines and united. United is up 9 right now. American up 8. 9 . Big jump for delta, up about 5 . You see jetblue and southwest all taking part in the party here. Cruise lines, carnival, Royal Caribbean, norwegian cruise lines, last i checked it was carnival, ccl in the lead here. Yes, indeed. It continues, up 10. 5 followed by Royal Caribbean up 7. 5 , norwegian up 7. 33 . As you look at whats powering the s p 500 and the nasdaq higher, right now, s p up 55 points, nasdaq up 142, in a surprise appearance in the White House Briefing room just a few hours ago, which actually had camera crews scrambling to catch the oneminute statement, President Trump was quick to take credit for the 30,000 mile marker for the dow which leads to the question, is it some kind of trump rally, a biden bump . Wall streets yes to yellen . Or a vaccine victory . To our floor show traders. Jon corpina, scott bauer, you guys get to be here with us as the dow is hovering above 30 points above 30,000. Jon, you are allowed to pick one of those choices. A mix of two but not all of the above. Is there one thing or two things in particular that are powering this rally in this final hour of trade . So if you are going to force me to pick two, im going to go with vaccination and putting the political the president ial election behind us. We are not sure what the Biden Administration is going to look like Going Forward but at this point, those two things i just mentioned were two things we had on our calendar. We knew the president ial election was coming at a certain date and we were going to get results from that, albeit a little later than we envisioned. And vaccinations. We knew a positive vaccination headline was going to hit our tape. When, we didnt know. But once we got one, now weve gotten two, three, four. Those headlines are bringing that light at the end of the tunnel closer to us. Thats why we are seeing improvement in airline stocks, in travel stocks, in cruise stocks. We know we are in for a rocky road but we also know we are getting closer and closer to probably that springtime frame where things are going to get better. We need to be able to economically get through these next few months. So combine all of that together, i think the outlook and sentiment is positive. We continue to see this market move higher. Im going to throw out santa claus rally. Thats a thing of the past. Its not going to play into us right now. At this point, the trend is moving higher and the momentum is moving higher, and nothings going to get in the way at this point. Liz yeah. We have had a santa claus rally i think since march 23rd. That was the bottom of the markets. Scott, let me let you take a hit at this one. What is really driving this rally . Again, one, two, but not all of the above. Maybe it is all of the above. I dont know. But i have to put in some rules here. Also, are there names that you look at right now that you say yeah, im going to go shopping at the moment and im buying these . So tough act to follow and im going to start by saying the market hates uncertainty, and we are now beyond a lot of uncertainty. Im going to say vaccines like jon did but i will also say the janet yellen news is really, really friendly to the markets. It really shows that shes a proponent of stimulus, shes a proponent of keeping rates low. The market really loves that. So are we heading higher, moving forward, yes, we probably are. Is the santa claus rally here like jon said . Maybe, maybe not. This is 2020, after all. Anything can happen. But specific names here for a continuation of an upward move, i still love old tech. Old tech meaning microsoft. I think this stock is a massive buy here. If we do get to that First Quarter reopening, industrials, materials, names like caterpillar and deere. Deere has earnings tomorrow. I think those are names that can absolutely explode higher even though we are near their alltime highs right now, liz. Liz yeah. Yeah. Im looking at just to throw this out, uber and lyft. These two names got absolutely hammered when they just had to pretty much shut down. Nobody was calling, nobody was traveling. They didnt need these hailed opportunities here but youve got lyft up 1 . Its still not anywhere near its 52week high so theres room to run on that one. Let me quickly check uber. Its up 2. 8 . Uber is i think getting a new 52week high right now. 51. 50. Very interesting moves for these names. Great to have you both. Thank you so much. Now, there you go, uber, shopify, i dont think uber is a work from home stock. Breaking news. The transfer of power is officially under way right now. President elect joe biden introducing his Foreign Policy and National Security nominees in wilmington, delaware today as they prepare for a january handover from the Trump Administration. To wilmington and hillary vaughn, who has a closer look at the new cabinets ties to the Business World. This time four years ago, we are reminded of the time when donald trump announced that exxonmobil Ceo Rex Tillerson was his choice for secretary of state. Give us a sense of joe bidens choices for secretary of state and the other names and their Business World experience. We look at that from a Business Network standpoint. Reporter this rollout is raising skepticism that president elect biden is following through on his promise to distance himself from special interests but also people with ties to big business. Obama lum nie, the powalumni, w helped google lobby for lucrative pentagon contracts over the past two years, have landed at least two coveted spots on bidens National Security team and one is in the running for another top cabinet spot. Bidens pick for secretary of state, tony blinken, is the cofounder of west exec and bidens appointee for director of national intelligence, avril haines, was also a principal there. On top of that, the other west exec cofounder, michele flournoy, is a frontrunner for secretary of defense. Flournoy spoke openly about west execs work, saying quote, we help tech firms who are trying to figure out how to sell in the Public Sector space, to navigate the d. O. D. , the Intel Community and law enforcement. West exec played a big role in google helping the department of defense deploy a. I. Technology for drone warfare. Google after internal blowback ditched the contract but thats not the only Silicon Valley tie to bidens cabinet. His National Security adviser, jake sullivan, did work on behalf of uber to negotiate with labor unions who were fighting for minimum wage and unemployment benefits. These cozy corporate ties are raising eyebrows across the aisle, too. Senator josh hawley, who ultimately gets a vote on these picks to approve their nomination, said this about the roundup. What a group of corporatists and war enthusiasts and big tech sellouts. Take tony blinken. Hes backed every endless war since the iraq invasion. Now he works for big tech and helps Companies Break into china. He has no sense of what working americans want or need. We also heard a similar line of thought from senator marco rubio who pointed out the elitist ties that these appointees have. A lot of them went to ivy league universities. He said they will be polite minders of americas decline and a return to a dependence on china. Liz . Liz hillary, thank you very much. You know, we want people who have a bridge, right, certainly perhaps a little bit of a blend. Business experience is good when youre running what is considered to be the biggest business of all and that is the u. S. Government. Spicing it up. Mccormick making an 800 billion purchase adding to its budding hot sauce, which includes franks red hot sauce brand. Shares are jumping 2. 25 . To the redhot sandwich business, taking its pandemic profits and giving back in a big way to the front lines and those hardest hit by the recession holiday season. Jersey mikes subs ceo is here with a stunning story of Corporate Giving and corporate heart. This is a fox business exclusive. Youve got to hear what they just did. With the closing bell ringing in 48 minutes, and the dow standing at 30,045, will we close there . You got to stay with me and the claman countdown. Well be right back. Adapting. Innovating. Lsetting the course. But new ways of working demand a new type of network. One thats more than just fast. You need flexibility to work from anywhere. And manage from everywhere. Advanced technology. With serious security. And reliable coverage, nationwide. Forwardthinking enterprises, deserve forwardthinking solutions. And thats what we deliver. So bounce forward, with comcast business. Liz folks, take a look at this. With thanksgiving right around the corner, this is the line outside of the Los Angeles Regional Food Bank friday night. This seemingly neverending line of people who waited for hours just in hopes of getting a box of food. Feeding america is the largest Hunger Relief Organization in the country, and they basically fill and help feed more than 40 million americans every year. They say this years numbers are absolutely staggering. Due to the pandemic, people have lost jobs. One in every six americans right now having trouble putting food on the table each night. Enter jerry mikejersey mikes s. The sandwich chain donated 20 of all sales to feeding america this weekend, two days. Thats it. Two days. How much did they raise . Here in a fox business exclusive to announce how much money they hauled in to help americans who need it, we welcome jersey mikes ceo. Peter, welcome. Great to have you. You know, this past april at the height of the pandemic, you raised 2 million just like that. Before you hit us with the number from this past weekend because you thought lets do it again ahead of thanksgiving, were you worried that with the nation struggling you might not even hit the number from april . No. Fortunately, we were one of the companies allowed to stay open and serve, mostly takeout with online ordering and Third Party Delivery. Our sales are dramatically up. One of the few companies in america. So we like to share that with our people. The lines we saw in april, i saw on the news like everybody else, and again, i heard from sources that and just this weekend we saw another report that showed the lines just again, not stopping. So we were delighted to go ahead and do it again the weekend before thanksgiving, saturday, sunday. We kind of pushed it on the media, in our stores and if i may, we broke all records. The weekend was the busiest weekend in the companys history but again, mostly takeout and Third Party Delivery so safely done, and we raised enough for 25 million meals, 2. 5 million raised in the two days, or 25 million meals for those in need. Liz oh, my. Oh, my. So that translates to, what, how many millions of dollars were you able to raise in just 48 hours . So thats 2. 5 million and again, it starts with clare fontenot, and she shared the commercial with me and she really grabbed hold so thank you, clare, if youre watching. Amazing job. Her company, her crew, feeding america. Org, Incredible Organization that really is the biggest one for the food banks across the country. We were just so proud to team up with them and our crews and people, we had a big rally this week to get ready for it, and just thank you to all our teams and crews out there. Tremendous, tremendous effort. Liz fantastic. Peter, i want to just go to the business angle here, and i remember early in the pandemic, i havent fed the kids, its 9 00 at night, i ran to jersey mikes in fort lee and i said listen, its almost 9 00, you guys are closing . He said, the manager there said we actually have to stay open late because business is that good. People were rushing in and so you have had that sort of sweet spot, you have been able to continue to do that, but talk about whether any of your franchisees have suffered, if you have had to close any due to what we know is happening tomorrow night at 10 00 p. M. Pacific time in los angeles, and that is all Outdoor Dining is closing as well. Not just indoor dining. Online ordering is still okay. But can you give us some granularity about that . So since the first store opened in 1956 at the jersey shore, its been mostly takeout. So were not going to do anything after the pandemic than what we have already been doing. Its mostly i would say 80 takeout and then obviously, theres no sitdown dining so its all takeout. We were fortunate to be able to really raise up and be almost 20 up in same store sales which is phenomenal in the Restaurant Business today. We have taken that in turn and gone after, you know, really trying to see what we can do for the community, for those in need, and were not going to stop. Liz peter cancro is the ceo of jersey mikes. This is a classic case of not just taking the profits for that top sort of cream of the crop. They are giving back to americans in a huge way. Thank you so much. There is one thing i should let all of our viewers know. Peters rise to the top is an absolutely incredible story. So much so that i have profiled him on my everyone talks to liz podcast and it was the most popular of all of our 50 plus podcasts. But we also, in the past, have profiled feeding america ceo clare babineaux fontenot. You have to listen to their journeys of how they helped change the world. By the way, peter bought the original jersey mikes at the age of 17, when he was just a high schooler and he was working there and it was going out of business. Okay. He manages to get some loan as a 17yearold in new jersey. Its an incredible story. Find it on spotify, apple or wherever you get your podcasts. Everyone talks to liz. Please check them out. All right. Dont blink. The chart on your screen is a real deal. Electric vehicle charging station giant blink still up more than 1,450 for the year . Despite a double digit slip today of about 13. 7 . This after a deal to buy rival ugo and yesterdays short slam by Citron Research calling the company the new most ridiculous ev stock. But look at year to date. Very nice picture for blink charging company shares. This as former citron target tesla hits another major milestone. Driving ceo elon musk right past bill gates on the worlds richest list. How the ev visionary left one of the techs greatest lines in the dust and what one wellknown tesla analyst says it all means for the clean Energy Titans future sales. That youve got to hear. We just spoke to him. We will let you know what he said. Closing bell is ringing in 37 minutes. Dow stands at 30,039. Kind of holding there. Will we close there is my question. Got to stay with me. Well be right back. We made usaa insurance for members like martin. An air force veteran made of doing whats right, not whats easy. So when a hailstorm hit, usaa reached out before he could even inspect the damage. Thats how you do it right. Usaa insurance is made just the way martins family needs it with hasslefree claims, he got paid before his neighbor even got started. 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