Falling back boeing is providing an advance for the dow inlyft customers cancelling orders this year in light of the pandemic. It is up 5 as we speak, 59 minutes left on this session coming up, kyle bass will be with us to talk about the Election Results and how president elect biden will navigate americas complicated relationship with china. Plus an interview you will not want to miss we will hear from carlos ghosn whose scrape from japan to lebanon Drew International attention. We will hear his side of the story,i his thoughts on what will happen to his former colleague and the men who helped him pull off his escape. Lets get straight to thesters we are watching mike santoli tracking the Market Action josh lip ton with the highlights from todays afternoon apple evenly joining us to talk about apple and the broader tech selloff is dan ives mike santoli tell bus the trend. Into value out of growth, into small out of large, and really out of defensive into cyclical thats been the team t
Earnings which will include some hightech bellwether names later in the week. We have apple shares, they lost their opening pop despite top apple analysts saying first day iphone 12 preorders surpassed last years numbers for the iphone 11. That bodes well for the mini and pro max, who Iphone Models that have not taken preorders and ship four weeks from today a couple more big q4 products, the xbox series x and the Sony Playstation 5 will hit shelves verizon and at t this week morelikely with 5g comments Texas Instruments and intel all reporting. Mike santoli joins us now with more well get more of a Critical Mass of earnings hitting the tape the question is is the street going to be more impressed this week than last week in the opening rounds we had an 81 beat rate by the companies that reported last week yet the average stock move buzz down more than 1. 5 in the one day after those results. It suggests perhaps that a lot of investors would think a big beat rate was in the bag for thi
Commission has decided to order ourselves alphabetically. With that welcome to this virtual hearing convened by the Congressional Oversight Commission pursuant to section 4020 of title 4, subtitle of the cares act, the Commission Must conduct oversight of the 500 billion authorized for the Exchange Stabilization fund. As part of our oversight work, the commission has decided to hold this hearing today which will exam examine the main Street Lending facilities. The Federal Reserve established the main Street Programs to support small and immediate you yumsized business answer Nonprofit Organization that is were in found sentence condition before the onset of the covid19 pandemic. The program operates through five facilities which we will learn more about this morning. The programs being administered by the Federal Reserve bank of boston todays hearing will have two panels. President eric rosengry. N, Federal Reserve bank of boston will testify during the first panel. Second panel will i
Resurging cases of covid19 could impact. The concerns about new cases seem to win out. There is a tension between the good and bad news of the jobs report and the sense that things will in prove improve more quickly. Nonetheless, a very good report. On their hand, the virus data means hotspots are worsening with the end of the day well off the highs. Thenasdaq had been up on close of. 5 . Stocks,g index and chip and remember, this year thats the new defense. These were the stocks really used for the stayathome trend, so strength there almost indicates that some folks think theres going to be more stayathome action ahead. Confirming there was a rally for bonds up a little bit with that yield going down. Stock that was noticeably the last five or days around these Companies Boycotting the platform for advertising, facebook is down 2 . There was the headline that Mark Zuckerberg is going to be meeting with some of the folks behind the boycott, perhaps trying to have a instructive conversa
The virus, the treatment and a possible megadeal after they are with gilead inr the Biggest Health care deal in history. Atlets take it what look what it is going on this monday. After u. S. Stocks, the pickup and jobs data we are seeing third of 1 . At theshore yuan trading april 14 high and moving away from the lows of 2008 against the greenback but the yuan has been sliding against the basket of peers. Rising, set for the 10th day of gains on the back of the opec deal rubberstamped on center. Checking in on wti and brent this morning. Wti holding steady. At 39. 54, and brent gaining closing up after 5 . Idi we do have this resumption of gains and Risk Appetite in asia. We have a positive picture when it comes to asian asian futures. Up by a quarter of 1 . A big tank expected when it comes to the start of trading in seoul. With kospi futures up like 2 . New zealand resuming gains as well. At the highest level since march. A quick word when it comes to trading in australia we do have