Bitcoin once again now a major u. S. Asset manager taking a closer look. And a brick and mortar bust. New black friday data could signal a major win for amazon, target and walmart its monday, november 30th, 2020, and youre watching Worldwide Exchange on cnbc good morning, everyone hope you had a wonderful Holiday Weekend. Im seema mody in for Brian Sullivan stock futures right now on this monday a somewhat mixed open the s p lower by 12. Dow jones lower by 153 and the nasdaq turning negative down just about two points. This coming amid whats been a record month for november. The dow is up 12. 8 . The s p 500 talking with the dow on track for its best month since january of 1987. The s p and nasdaq both coming off record closes friday and up more than 11 this month on track for their best month since april. But the s p 500, this isnt the first time weve seen a record on track for his 26th record close this year. The nasdaq at 45 as hopes for a vaccine continue to grow but lets not keep
The s p up 11 the dow up nearly 13 on pace for its best month since january of 1987. The nasdaq up about 12 . Check out the small caps because the russell 2,000 is up almost 21 in november alone. Thats the stock world but, melissa, our other favorite topic, bitcoin thats been moving a lot, too. Maybe joes favorite topic, at least bitcoin after recently hitting 16,000 were seeing it recoop some of those losses in recent days its up by almost 2 today, above 18,000, 18,540 guggenheim is reserving right for 5. 3 billion Macro Opportunities Fund to invest up to 10 in the Gray Scale Bitcoin Trust which is only invested in bitcoin and of course this follows many large investors including stanley drunken miller voiced support for this krip cro currency, joe. Yes, it has been getting traction interesting recent trading and good to see you, melissa and andrew its tough to come back from vacation, but having you here, melissa, i dont know, it just makes me feel very, very comfortable, happy my he
And the u. S. Keep talking trade, we dont know when this thing ends or how much further it goes. Sit back and enjoy the ride, today is august 25, the dow of 378, yesterday up another 150th opening bell today, the s p record high close up some more this morning. The nasdaq looks like its going to be down a few points. Were going to show you apple, premarket trading worth 2. 15 trillion and there is speculation that there is iphone production to mexico, more of that in a moment. At the convention the republicans attacked the biden harris ticket as a looming disaster. Dynamic speeches from tim scott and nikki haley and the president as surprise appearance and a vocal audience preview will see it. Day two, melania speaks tonight, rand paul, eric and tiffany trump, you will see that too. I gotta say this, our heart goes out to louisiana, mississippi, texas and neighboring states. Marco faded but here comes laura. Landfall probably tomorrow, could be a cat two or three storm the people of ga
Phase four stimulus package of some sort or another two of the most beaten down sectors of all, energy and financials are todays best performers how about that well have more on that big move lar later, one pandemic thats surging. Scotts miracle grow we tend to our gardens stocks are staging an epic rebound. Lets get to dom on more of this midday comeback. From tylers kitchen to the main set to where you are, to behind me, we have the dow its green its not as good as it was the s p 500 slipping slightly to negative territory the red over there at the lows down about 458 points at the opening bell at the high, the green you saw in last hour we were up about 260 odd points there. Thats the intraday moves. Meanwhile the laggards, youve got industrials and real estate. If you look at the stocks that are really leading the charge, check out some of these. You can see wells fargo, capital one on the financial side of things as some optimism returns about maybe some Consumer Spending and pion
300 billion in direct Cash Payments will be available for every american citizen earning less than 99,000 per year. 3000 3400 for the typical family of four. Beenng like that has ever done. Up to 250 billion dollars in expanded Unemployment Benefits. The average worker will receive 100 of their salary. Or up to four full months. Normal unappointed benefits, independent contractors and the selfemployed will be eligible. Independent contractors and self employed people will be eligible for this. The 100 billion to support heroic work of our doctors, nurses and hospitals who have been incredible. 45 billion for Disaster Relief fund. We are setting up a fund of 45 billion for Disaster Relief. That is more than doubling the amount available to support my National Emergency and disaster declarations. Thebillion to build up Strategic National stockpile with critical supplies including masks, respirators, pharmaceuticals and everything you can imagine. Very depleted, our military was depleted