1 trillion stimulus package heading down south, maybe. What Goldman Sacks is reportedly thinking of doing. Its monday, december 7th. This is Worldwide Exchange. Good morning, good afternoon, or good evening welcome from wherever in the world you may be watching. Im Brian Sullivan thank you for joining us here is one reason to like this monday there are 25 days left in the year 2020. It cant get out fast enough can we agree lets see how your money looks now. Futures are down about half a percent down dow off about 133. Wall street coming off another good week for stocks the dow was up last week thats the ninth record close of the year on friday of course, its not just the dow. The s p and the nasdaq also closing at record highs. Thats the first time the three have done so at the same time three years. Thats an rbi for you. Hard to believe but true one thing watch, of course, inside the markets is this increasing growing fight between socalled value and Growth Stocks the two kind of at a
Years. That is the best month of the year, im connell mcshane. This is the closing bell. Time for news of the hour. Jackie deangelis in new york, blake burman in white house, Hillary Vaughn with the president elect in delaware and Edward Lawrence in washington with the latest on the covid19 relief deal. A lot of moving parts well get into. The market is back in rally mode. Good afternoon, jackie. Reporter good afternoon, connell. Well talk about the records we set today with the s p 500 and also the nasdaq. Look at the gains there we beat what we were expecting handily. You only needed 16 points on the s p and only needed seven on the nasdaq. This was a strong broad based rally today what is interesting big tech continues to gain on this momentum and continues to go higher from there. Facebook, apples, amazon, microsofts of the world are continuing to climb up. That is something you expect to hear. Again it wasnt just tech, it was broadbased. Look at the dow winners you can see we have
Overall goal is to urge everyone to stay home as rates rise right now in the beginning of seeing the cases from the folks gathering in the thanksgiving holiday. According to what weve red they will look like at the beginning of the pandemic. Three today, five tomorrow. Alameda, marin, san francisco, contra costa and santa clara county. Some of the biggest changes are from the restaurants. No more indoor or Outdoor Dining. They are limited to carryout and delivery only. Retailers are allowed to have indoor business but they must offer it at no more than 20 capacity. What has been a roller coaster ride or slowly regaining a lead. Many are once again closing up shop. Take a listen. A bummer for all of us here getting in stride of picking back up and reengaging with our regulars and seeing familiar faces. The next shutdown is a shame. Many may be wondering about inperson learning. If your district has already implemented inperson learning students are allowed to continue doing that. No sch
Pennsylvania. And bonding over milk teeth how a simple tree became a symbol of solidarity protests in thailand and in hong kong. Now have all the sport. Champions League Returns with last seasons runners up but the sounds of them are set to face majesty united later on tuesday. So then several latin american countries are expected to reach 1000000. 00 cope with 19 infractions within weeks that include colombia mexico and peru argentina is already there becoming the 5th country to reach the 1000000 mark and that is despite having in force one of the worlds longest lock downs iran is reporting more than 5000. 00 new infections 24 hours after recording creases in virus related deaths and russia has reported more than 16000. 00 new cases over the past 24 hours and in eastern china hundreds of queued in the city of you for an experimental vaccine yet to complete its Clinical Trials the chinese see no farm says it is aiming to have more than a 1000000000 doses ready by next year lets cross t
Potential conflicts. This is 50 minutes. I want you to soon as you finish, to get a copy, i watched the gestation of this book, and i remember a powerful lecture that chris game, talking about the need for defense monetization, it was a startling wakeup call, i wrote a column about it. It began a conversation with of hishat was part efforts to develop this book and the arguments in it. I want to ask chris to take us all on the journey he has been on, and he shared some with me over the years. The book starts with a chilling account of what would happen in the first hours and days of a war with china in and maybe that is a good place to start explaining to people why we have a problem when it comes to the current technology. Chris thank you, i appreciate the time to do this and your friendship and guidance, it has been invaluable. The story begins fermi me in the time that i spent on the Armed Service committee for the better part of the decade, supporting this of the committee and sena