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Good tuesday morning. Welcome to squawk alley. Im Carl Quintanilla with jon fortt and Julia Boorstin on this election day markets are continuing the rally we got on monday were close to session highs right now. Dow is up 665. Best day since june 5th for the dow and s p 500. Best breadth since april 8th nasdaq and s p 500 erased their october loss, jon, as were seeing things like yields go higher as well and the dollar weaken which is another sign that some of the imbedding on emerging markets going out of this election. Yeah, carl. Looking at tech overall and particularly big tech, its interesting the gap between microsoft and amazon lagging behind apple, thats narrowing a bit. Remember, you had apple above 2 trillion in market cap and around 1. 5 trillion now thats come down apple is below 2 trillion those two are still around 1. 5 alphabet lagging all of those year to dat ....
Steve scalise, nancy nancy maces Jeff Van Drew and louisiana senator, john kennedy. Futures starting on a mixed note. The dow industrials are down 120 points, the s p is also weaker by 3 and a quarter but the nasdaq is up a little bit of a rotation going on this morning, back into technology. The nasdaq up 50 o 50 points. This follows a mixed performance yesterday, investors rotating into the tech sector. Were standing by for key speeches from Federal Reserve officials later today. Well take a look at market moving words on rates and the economy. Pfizer and biontech 90 effectiveness report helping drive markets. What challenges do we expect before its rolled out of. Ill speak with the companys founder and ceo of biontech later this hour. Then, cruising into the future, one state is anticipating a future filled with flying cars and its making a buzz this morning. Mornings with ....
An antitrust lawsuit against google, characterizing its search and advertising business as a monopoly. Shares shrugging it off, up 2 well speak to a top analyst about what it could mean Going Forward for big tk and Tilman Fertitta is seeing bright spots in the country. Hell tell us where and why. Power lunch starts right now let me welcome you to power lunch as well take a look at some of the big names we are watching today. Netflix slightly higher ahead of its earning reports, that stock down about 4 . And no earnings boost to ibm, thats the biggest drag on the dow after reporting its Third Straight quarter of revenue declin declines and financials one of the best performing sectors thanks to regional banks, helping the rest of the group kelly. John, thank you we begin with the two big stories out of washington today. E ....
To welcome customers back so soon. Good evening and thanks for joining us at everybody im Vicki Liviakis and im grant lotus not as bad as it was last night, but this Atmospheric River continues to pass through parts of the bay area tonight. Prompting several weather alerts in our region. The rain is falling in Santa Cruz County tonight streets there as you can see. Pretty slick and water is standing in some areas of Boulder Creek. Flood advisory has expired within just the past hour. But a Flash Flood Watch is in effect that curation orders and warnings remain in place near the burn zones in san mateo and santa cruz counties see her on the map the areas shaded in yellow are under evacuation warnings. Th ....