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Good morning it is 8 00 a. M. At tesla headquarters in palo alto, california it its 11 00 a. M. On wall street squawk alley is live good Tuesday Morning im jon fortt with Carl Quintanilla back again it is a busy day on wall street with the dow hitting an all time high making another run at 30 k. That comes as president elect joe biden is reporting tapping former fed chair janet yellen to run the treasury department. Tesla is continuing the record run now topping half a trillion dollars in market cap. Making elon musk the worlds second richest person on paper and apple making another concession, carl on App Store Fees a lot going on yeah. We talked about that early moving being the small crack that starts to widen as for tesla, i mean, whether its some of the reports about a hatch back in europe or longer range vehicle ....
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 to ....
Learned and what to better improve the process. Its been a decade since the last significant piece of the telework legislation, the telework enhancement act of 2010 and it set the baseline standards for them to follow with telework and over the last ten years, weve seen great advances in technology and workforce expectations and the increase in cybersecurity threats. So many changes in the world it makes sense to take a close look at the telework policies and strategies than the federal workforce. The current pandemic has acted as a magnifying glass. This Committee Held a hearing in july and during the hearing we were able to gather valuable information to what theyve done to support the Remote Workforce and we were able to draw Lessons Learned with how they recalibrate the telework strategies and policies. During tha ....
Changes hell make starting on day one. And the latest signs of the growing covid surge across the u. S. As hopeful new information comes in about a leading candidate in the search for a vaccine. And a very good monday morning, a chilly start to our day. Thanks for joining us. Im laura garcia. We have to start with these cold temperatures. Kari, will it be cold throughout the day . Yes, and were looking at well below normal temperatures setting records for lows this morning. Were going to have more of these frosty mornings and cool afternoons over the next few days and were also tracking some more rain set to move in by the end of the week. I want to show you what youre going to feel as you step out the door. Check out concord, now 32 degrees. Freezing in a lot of spots. Well talk about whats ahead in the forecast. Thats coming up in a few minute. Mike, how is it looking getting throughout the commute around the bay area . Kari, im worried about folks heading across the bay bridge into ....