we think the s&p could be near 6600 by the end of 2025, that is good. i think there are opportunities to present themselves because, you look at core pce inflation, not where the fed wants to see it, we have two cut in december, two next year, priced in, but the risk is to the downside. i think that some concerns about inflation, you will probably have some concerns about tariffs . what we are hoping for, we are leaning towards stocks. are we 100% all in leaning towards cyclical stocks? we are not, we could take another step and we would take another step if we get some kind of a decent pullback. nowadays, if you think about it, over the course of the last 18 months, 12 months, a 10% pullback is, even though common historically, few and far between. we will get some kind of pullback i think and see us take another step. we are optimistic but, the economy will slow down a bit. earnings growth, it will set a record high next year, our earnings will, growth rate will probably slow a little bit. there are some things investors should pay attention to, one,

it�*s helped the s&p 500 index of america�*s leading companies to reach record highs. ing back. in the us, the world�*s biggest economy, 16.7 million days were lost to what the government calls major work stoppages last year. that�*s the highest since the turn of the century. and it continued this year with strikes at us ports and hotel chains, including marriott and hyatt. workers at the plane—maker boeing show the impact that strikes can have. their actions are estimated to have cost the company nearly $3 billion, but importantly for them, secured a pay rise of 38% to undo some of the impact years of high inflation has had on their living standards. this one is definitely a fair deal. really, it was the pay, the one day extra per year, just personal time. i think that�*s a good deal right there. so... and also the overtime. so getting the overtime taken care of where, you know, we don�*t have to... if we work a weekend, we don�*t have to work the weekend after. argentina�*s also seen transport grind to a halt recently as striking workers demand higher wages. they�*re

a lot of the snow. so, that�*s agency flood warnings already in place. the environment agency is tonight monitoring the river calder around hebden bridge and todmorden. strong winds are also expected to cause dangerous coastal conditions in places and potentially structural damage. so, what isn�*t clear yet is what the full impact of storm bert will be. olivia richwald, bbc news. let�*s turn to some other important news around the world. canadian prime minister justin trudeau says those who committed anti—nato violence in montreal must be held accountable. pro—palestinian protesters threw missiles at police, set cars on fire and smashed windows on friday when nato held its annual parliametary assembly in montreal. the demonstrators say nato is complicit with what it calls israeli genocide in gaza. prime minister trudeau said acts of violence and anti—semitism must be strongly condemned, though montral police say they didn�*t receive any reports of anti—semitic acts. there were also protests in valencia on saturday

the dow and s&p up 4.5%. the transportis up 6.5%. off the best week signce 2020. small caps up 8.5% for the week. huge week for small caps. a lot of talk with the trump trade or combination of both. in all, 85 s&p 500 are opening up at 52-week or all-time highs at the open. that includes salesforce, mastercard, netflix and united health and nvidia. pulling back a bit in the pre-market. pulling back .75 of 1%. the bond market is closed for the veterans day holiday. the benchmark at 4.3%. after the election, it spiked 40 basis points. now it's back down to the same level before the election. bitcoin is continuing to test record highs. best coin trading at 82,000. up 3.5% right now. over the last week, up over 21%. that's the morning money set up. >>> let's turn to the story. many big tech ceos have been speaking out in the wake of president trump's victory congratulating him on his victory. that includes apple ceo tim cook whose business could face speed bumps if the tariffs take effect. he is looking forward to working with the trump

let's talk about because i know you like the s&p 500. in. from 8-trackses the to cassettes. walk us through this analogy and relationship to the market. >> i think a.i., we're in the second, third inning of where we're going to be going here. so when you look at it from where music took place from the 8-track to the cassette to the'd, now you got music on your phone concern -- cd, we're right now in the 8-track plays. we've got a number of stages until a.i. hits its stride. you've got to be in all the different companies that are going to benefit from a.i. charles: so here's the s&p 500. i mean, it's just been absolutely perfect. every time it bounces off the 50-day, it's in a channel though. do you think we just go this way? if do you have a target for next year yet? >> i think next year's going to be difficult for a number of reasons, but i think, or number one, you've got to be in large cap over small cap no matter what. i think you've seen over the last 40 years there have been 4 different e vegs, and in every single case large caps o

what is the truth about the figures behind these changes? let�*sarms will be affected by the changes to inheritance tax in the budget? well, farming groups are claiming around 70,000 in total, but the treasury estimates fewer than 500 a year. but there have been reports that the environment department, defra, thinks the number might be higher than the treasury�*s figure and has been pushing for more mitigations to protect farmers. so what�*s the reality on these numbers and where do they come from? well, defra�*s farm business survey suggests between 30—35% of farms in the uk could be valued at over £1 million. there are about 209,000 farm holdings in the uk in total, so that implies around 70,000. but all of these would not be necessarily liable for inheritance tax. let�*s look at the official treasury figures for agricultural property tax relief in the 2021—22 tax year. so this gives us a sense of the value of farmland passed between generations in that year. and there were 1,730 claims in total, and only 27% were for properties valued at above £

best week in the year for the dow and s&p. the nasdaq finished up over 5.5%. the s&p up 4.25%. the dow, the laggard, but still good performance. speaking of the fed, jay powell and company handed down a quarter point rate cut and the comments after that decision, powell talked about the chances of another cut in the next meeting. >> we will wait and see in december. it's just -- i would put it this way, we're on a path for a more neutral stance and that's very much what we're on. that has not changed at all since september and, you know, we're just going to have to see where the data lead us. >> and taking a look at the market reaction to the fed. we call the s&p the broader market. take a look. the market's moving sideways throughout the day at 2:00, the fed rate cut. not much movement, but during the press conference, you see the dovish tone and the move in the market. we also want to check the bond market on the back of the fed. let's look at yields. yields actually easing a bit. let's start with the benchmark ten-year. you see the benchmark at 4.29. falling ten basis points

and these changes were in the pipeline. it�*shis is also designed to send a message from moscow to the west that, you know, take us seriously. leaders of the world�*s biggest economies — at the 620 summit in brazil — are calling for a �*comprehensive, just and durable peace�* in ukraine. our deputy political editor, vicki young has been travelling with the uk prime minister. behind the scenes for several weeks, our understanding is that the british government have been pushing for these american and uk made missiles to be used on russian targets. now he won�*t comment on any of this. he is sticking to the line that he�*s been saying for quite a long time now, which is that of course the uk, he says, is fully behind ukraine today being the thousandth day since that conflict started. he was really reiterating that message and saying that it is up to russia to end this. they are the only ones that can end this conflict because they are the aggressor. i�*m not going to go into operational matters because there�*s only one winner. if

super moon over the tourin night�*s super moon over the tour in some respect. he supermoon is just when the moon is closer to us, so its orbit is not circular. it�*s elliptical, so there are points in which it is closer to the earth than others. and of course, the closer it is, the larger it looks. so that�*s what we call a supermoon is when it�*s a full moon, and it happens to be very close in its orbit. the spectacular sight was also visible around the world, shining here over lebanon�*s war—torn capital, and in hanoi, where residents came out to see the moon dazzling in the night sky. it�*s been a good year for supermoons. last month�*s hunter�*s moon was even brighter. but are we getting more of them? it'sjust i think a lot now is social media has made them kind of a bit more well known, so people are more aware of them that they're going on. so, they were happening all the time anyway. but same with the names for them. people are more aware of them, which is great because people look up at the night sky. and more cosmic treats could be in store this weekend

roundtable where we get behind the headlines and prepare you for the week ahead, i am jack otter, the s00 logging within 20% gains in back-to-back years, with the rally continued in 2025 board, bank of america security ahead of the burger lady and her daughter right now. later pressure is going to break up google chrome alphabet, what's ahead for the tech giant in osaka by. we begin with expert panel three things investors to be think about right now, on the bearings roundtable my colleagues ben levisohn teresa and jacob sonenshine. decent gains for the stock market this week, the dow hit a new high. you say would you look under the hood is better than it looks by the numbers. this was a week when you think the tech stocks must've done well, the magnificent seven did well, this is all about the other stocks in the s&p 500 around 400 or more of the stocks went up this week that was enough to propel the market higher despite not much news out there. it was to buy everything that had been dominating the market we had good earnings from dear and gap, the stockpot, this is a good thing to se

you have the s&p 500 up one point 8%. the nasdaq 100 regaining his lead over the s&p 500, up about one point 9%. small caps in charge right now. what is amazing is the volume now according to my screen, more than one hundred percent higher on the s&p 500 versus its 20 day average. the bond market has been holding the sell off all morning, 10 year yield higher by 18 basis points. volatility in the equity market holding off a little and gold, not a haven bid to be found. matt: absolutely fascinating and pretty extreme market moves after that election, which itself was fascinating and extreme. let's continue our coverage of the presidential win by donald trump. he delivered his remarks to supporters in west palm beach this morning. these remarks came after it was clear he would not only win the white house but his party was set to control the senate as well. >> i believe the greatest political movement of all time. there has never been anything like this in our country. and now it is going to reach a new level of importance b

later, speaking with the u.k.'s central bank governor andrew bailey about the decision and the outlook for rates. donald trump's decisive victory has sent shockwaves across the atlantic. europe's leaders are meeting today with the president-elect's positions on nato and of the war in ukraine high on the agenda. we are live in berlin with the reaction. this is bloomberg. ♪ tom: happy thursday. european leaders have rushed to congratulate donald trump after his election victory. concerns linger over the president-elect's desire to end the war in ukraine. leaders will meet in berlin today. oliver crook is on the ground for us in budapest. mixed feelings then amongst european leaders. alexa viktor orban on one side, the germans arguably on the other. what can we expect from the meeting today? >> we should explain where we are, we are in the arena where eu and political community leaders will meet in hungary, this is where viktor orban decided to host this meeting. officially not on the agenda will be the trump reelectio

the bbc�*s business editor simonjack has more. the national security and investment act when you have any bits of critical infrastructure, this certainly qualifies for that. i'm told that that is very close to happening, also pointed out to me, when mr kratinski which was already the biggest shareholder in royal mail's parent company upped his stake from 22 to 27,500%, there was a review done of his alleged link to russia, he owns a pipeline which does transport some russian gas into the eu with the approval of the eu. that i think is very close to being signed off. the other thing was that he made a series of concessions, a series of promises not to change the brand, it's been around since the reign of henry viii, keep its uk tax headquarters here, and no compulsory redundancies until 2025, what i understand which moves this closer to the finish line is this was something of a deed of arrangement, a series of extra concessions which may involve extending the term of some of those guarantees, as i say, it is not a done dealjust yet

it�*s possible that you could become the bbc�*s highest paid presenter. about and until you've just asked me that, it's not crossed my mind. i don't do this for the money. i do it for the love and i've always done that, since i was 16. zoe ball�*s last breakfast show will be in december. how are you feeling about leaving after six years, zoe7 i�*m really chuffed for my mate and i don�*t have to set my alarm any more. which i�*m really excited about! but she�*ll be staying with the station and says she�*s excited for the future. lizo mzimba, bbc news. the uk has had its first taste of winter today, with parts of the country blanketed in snow. there have been school closures, train delays, and an appeal to check on the vulnerable. met office severe weather alerts for snow and ice are in place for northern scotland, the east coast, north wales and northern ireland. navtej johal has the latest. the weather got the seal of approval from some, including this fellow. overnight, scotland recorded its coldest early winter temperatures in more than 25 years. one par

with the ieb etf flat while the s&p is up 25%. is the set-up getting more attractive or less so heading into next year? we'll look at the latest data out of europe, what it means for the dollar, and what it means for investing abroad. "the exchange" is back after this. >> announcer: this is "the exan" cc.chgeonnb ♪ ♪ ♪ something has changed within me ♪ ♪ it's time to try defying gravity ♪ ♪ ♪ >>> welcome back to "the exchange." fed surveys are clocking a surge in business confidence. steve liesman is here with a closer look. steve, what can you tell us? >> kelly, several recent regional fed surveys are showing a surge in economic optimism. it really shows that post-election enthusiasm on businesses is not limited to wall street, but it also comes with a rise in one gauge of a policy uncertainty that could limit how much real economic gains we get from that optimism. the philly fed manufacturing survey's outlook for business condition rising 20 points to 56.6, its highest level since 2021, even while the assessment, you can see ther

you have gains for the s&p 500 and the nasdaq. 4/10 of 1% for the s&p. giving back some ground. ng have of 1%. it did get within's putting distance of a record high yesterday. not quite there yet. you can see yields moving up across the curve. the 10 year at 4.30%. the two-year at 4.27%. the yield curve steepening. on the whole it has been flattening the last few days. that does it for bloomberg markets. this is bloomberg. should -- this is bloomberg. ♪ ♪ ♪ with so much great entertainment out there... wouldn't it be easier if you could find what you want, all in one place? my favorites. get xfinity streamsaver with netflix, apple tv+, and peacock included, for only $15 a month. >> from the world of politics to the world of business, this is balance of power. life from -- live from washington, d.c.. >> president-elect trump is using his favorite word in the dictionary, tariffs. all come to balance of power on tv and radio. donald trump makes threats to mexico, canada and china when it comes to higher levees placed on goods. we will have more with democratic congressman jake often

the s&p and nasdaq under pressure. ore on the story and the moves to make in the trading day head. that's coming up right here on "worldwide exchange." there are some feelings you can get with any sportsbook. ohhh! the highs! no, no, no. the no, no, noooos - oooooooo! the oh, oh, ohhhhs! now whatcha wanna do with this? but the feeling that, no matter what, you're taken care of. ohhh, i just earned a hotel suite! hee! you only get that here. at the sportsbook born in vegas, where they know how to treat you right. who you talking to jamie foxx? bonus bets. exclusive offers. real world rewards. betmgm. download and bet today. >>> welcome back to "worldwide exchange." we are taking a look at u.s. futures following the news that ukraine used long-range missiles made in the u.s. to strike in russia. vladimir putin saying the line to using nuclear weapons saying the line has changed. the dow would open 260 points lower. nasdaq down .25%. the s&p under pressure as well. we want to look at defense stocks this morning. taking a l

. >> andrew, we talked about the heck of a run for the s&p 500. it all looks rosey but that's the time when investors should be double checking their assumptions. for those investors who want to take a few chips off the table what would you tell them? >> i think treasuries are pretty good buy right now, and for people with big gains in stocks and the s&p is up about 25% this year, treasury yields many are higher this year so actually getting higher yield now and at the start of the year. i think treasuries are a pretty good value, and getting yields between 4-4.5%. inflation is running 2.5-3% so decent yield above inflation and tax benefits because it's interest is state and local tax exempt, and i think there are better value to have in corporate bonds and junk bonds where the yield gap versus treasuries is historically very tight. >> tight spreads. so, here is the thing. if you talk to a trump supporter they say his agenda will lead to more growth. if you talk to a critic they say tariffs lead to inflation. the only thing they agree on is both of

equities up by .4% on the s&p 500. across the curve through october. the 10-year up two basis points. the two-euro up through 4.20. the number drops next. ♪ gotcha. take that. whoa! bruh! i'm fine. that smack looked bad. not compared to the smack down i'm giving you. you sure you're, ok? you know you're down 200 points, right? lucky, she convinced me to get help. i had a concussion that could've been game over. in actual reality, you've only got one life. don't mess with your melon. if you hit it, get it checked. jonathan: the october payrolls report, seconds away. the scores look like this. equity futures on the s&p 500 firm or by .4%. on the nasdaq, up by .4%. on the russell, up by .2%. your 2-year yield, 4.20. 10 up two. your estimate is 100,000 in our survey of bloomberg. with the numbers, here is michael mckee. mike: the random number generator comes very close to bloomberg economics. 12,000 jobs created. last month revised down to 223,000. the unemployment rate, no change. the change in manufacturing payrolls --

nice recovery from the 30's. we're into the 60's and 50's for a lot of the east bay up north sonoma at 61, the battle. 59 56 for petaluma. future cast. we're clear today. lots of sunshine going on. some scattered clouds working here pretty much overnight. and then tomorrow there's that opportunity for some light rain or drizzle, which can see it's very late in the day too. so going to be a real much of a spoiler to get something like 30 up your car little bit at night. that clears on out sunny clouds, mixture for your sunday and potentially maybe adding something to that. but we really can see the footprints of this in the measurement, a surface moisture, 30's and 20's going on for today. the key mixing with some drier air aloft typical are still banking off that dry atmosphere. then that system gets here and ok, starting into the 40's, which is more typical for this time of year. highs for you today. we got lower 70's covering a good chunk of the east bay and up to the north bay in the south bay. that's where the

it is not yet clear who fired the flares. let�*s get some of the day�*s other news now. rn california, had travelled to east africa. 19 african nations have now reported cases of mpox. the uk government says it will double its funding to help civillians affected by the ongoing war in sudan, pledging over 140 million dollars to go towards food shelter and education. the announcement comes as a rights group in sudan says more than 1500 civilians have been killed by the paramilitary rapid support forces in the last month in the state of jazirah alone. a human rights group in venezuela says over 100 prisoners detained during protests following july�*s disputed presidential election have been freed. 0pposition leaders have expressed relief over the release, as our latin america reporter mimi swaby reports. for a permit is a human rights group in venezuela that monitors what they call political prisoners. it says that more than 100 people have been freed on saturday after being detained in the aftermath of a highly disputed presidential elections injuly. —— foro penal. the pris

patients self—administer the lethal dose. so it�*sourtjudge would also need to approve it. two thirds of patients who die have cancer, around one in 10 have a neurological condition and one in ten heart disease. asked about their end—of—life concerns, nine in ten worry about losing autonomy. two thirds cite loss of dignity. four in ten worry about being a burden on family and friends. around one in three prescribed a lethal dose, don�*t use it. across the united states, assisted dying has spread to ten states, more than double the number a decade ago. in 2016, canada introduced medical assistance in dying, initially just for the terminally ill. in 2021, it was extended to those experiencing unbearable suffering. in 2027, it�*s due to be extended to those with a mental illness. a doctor or nurse can administer the lethal dose. what about europe? well, switzerland legalised assisted suicide in 1942. more than 500 britons have died at dignitas in the past two decades. the netherlands and belgium legalised assisted dying more than 20 year

the dow and s&p hitting record highs off the levels right now.ow as high as 44,800 as the rally keeps going. >> what's not going, i don't know if we can show it, bitcoin and gold. how they are breaking hearts today, not participating, sitting this one out. >> it's been a nice run for those two. united health and newcomer sherwin williams among the biggest contributors to the dow. sherwin williams, known for its paints, but also in other areas as well. >> also contributing to the rally the president-elect's pick for scott bessent for treasury secretary. he's seen as, i don't know if we should see as less hawkish on tariffs. he got the job partly to advocate for that strategy to. >> what's interesting mr. bessent has back in history a connection to george soros of course yes. >> and that was viewed as a possible disequal cation. he overcame that. >> target stock shares down 16%. one analyst hoping for a turnaround. we'll trade this in three stock lunch coming up. target taking it on the chin, some people saying it's just as simple as they, they don

we have some 50's on the east bay shoreline 40's inland. they've replaced the 30's. ike pretty nice day today with sunshine and temps in the 70's will have more on that in a bit right now. michael has a traffic check. michael. >> good morning, everyone. we are dealing with the collision right now over in the north bay. take a look. it's a traffic collision. southbound us one on one. it's at 5.80, in sandra fell. now. the right lane is blocked. but there's also another accident right after this accident in the exact same area. so keep in mind and you can see it's starting to cause back up all the way up towards novato. so keep that in mind as you're heading out this morning, taking a live look right now at our bay bridge. you can see metering lights are on. it's a 13 minute commute. coming up, we'll take a little bit closer. look at that accident over in the north bay. for now, we'll send you over to dorian reyna. thank you, michael tate. 35 a local business owners at a sound like they're pretty hopeful this morning after california voters. >> overwhelmingly passed pro

the prices are so different is the problem. it�*s not really the manufacturers�* fault. will make this period really hard. there�*s no point going into. there�*s no point going into. there will be a second—hand mark, but if it�*s now being stretched 2035, i think i could do another petrol car. is that part of the issue? i do another petrol car. is that part of the issue?— part of the issue? i don't necessarily _ part of the issue? i don't necessarily think - part of the issue? i don't necessarily think it - part of the issue? i don't necessarily think it puts l necessarily think it puts people off. i do think it�*s the change where people don�*t know what they�*re getting into. i was talking about this earlier with a colleague. 0nce was talking about this earlier with a colleague. once you�*ve tried an electric car, it�*s a lot easier to understand what you�*re getting into. when you�*ve never come near one before, it�*s a really big change. before, it's a really big change-— —— in terms of the labour force, on the manufacturing lines, you don�*t need as many workers for

now let's dig for their deeper into the s&p 500 record trade. these spots can keep coming with the rally and its broad participation. while the overall market is expensive, conditions having the gains are in place. joining me now is dan greenhouse chief strategist now this is an amazing rally we have seen and the election was the latest catalyst so what are the conditions that you see that will drive the next leg higher in these markets? >> happy thanksgiving first of all. listen, the conditions are everything we have been talking about for the better part of a year or two. the economy continues to expand, the labor market holds up well, real income moves into positive territory and corporations are pretty profitable. i do not see anything in the next three, six, nine or 12 months likely to change that matter. if that's the case there is a bias for market share to be as it has on the upside. >> you mention the idea that markets, overall are relatively expensive, especially looking at the forward price to earnings ratio basis. is there a reconcili

this is the 1950's. that all ended in 1964. ver the next five years we saw all these southern democrats, all of these guys flip and become republicans because the republican party who was not in a big way taking a position on this, very goldwater ran for president in 64 actually opposed the civil rights act. his argument was this was the job of the states not the federal government. when ronald reagan ran for president in 1980, the first speech he gave as an official candidate of the party was in philadelphia, mississippi which is the site of the murder of three civil rights workers, a sure, cheney and goodwin. his entire speech to an all-white white audience was about states rights which was code back then for we never should've passed that civil rights act and we should go back to an apartheid united states. it's been pretty much that way ever since. trump has tripled down on it. i do not have an explanation beyond for this very clear racial divide that exists. beyond just the shocking reality that at least half of whit

let�*s turn to the middle east now, where syria�*s president, bashar al—assad, has joined leaders of in gaza and lebanon. delegates say they want to see an immediate end to israel�*s military action against the iranian—backed militant groups, hamas and hezbollah. syria�*s attendance signals shifting dynamics in the middle east, with the incoming us administration potentially playing a smaller role — and saudi arabia and iran putting past differences aside to strengthen their ties. our security correspondent frank gardner is following the meeting in riyadh. he explains its significance. this is the second so—called emergency arab and islamic summit to discuss what the organisers are calling the israeli aggression against the people of gaza and lebanon. it�*s exactly a year since the last one held here in riyadh. and, of course, since then, the conflict in the region has grown into more than one conflict. israel is now at war with notjust hamas in gaza, but hezbollah in lebanon, and exchanging blows with the houthis in yemen and intermittently with iran as well.

anyone -- any gain for either the s&p or nasdaq will mark fresh records. the dow right now, it's got its own drama today, and it's a positive thing if you are long the dow, certainly. the dow up above 44,000 for the fist time ever. first time ever. it needs just a half a point gain at the close to set a new all-time high. right now it's the up half a point, it's up 3211 full points -- 3221. but the election of the drill, baby, drill candidate, trump, has the energy complex in the cooler at the moment. crude oil, nat gas and arbob gasoline -- that's wholesale gasoline -- are down at the moment. and week to date they're barely cracked- 1-2 to the upside while the dow and the s&p have spiked 4% apiece and the russell gets the gold medal performance 8%. the trump trade is dousing chinese stocks, that's for sure. the president-elects has made no secret of his plan to slap 60% tariffs on chinese-made imports. right now waymo down7%. jd, same thing. pin if duo duo, 6.7%. alibaba down 6%. overall, this bull run for most equities is pretty epic with the s&p having i

the s&p 500 another all-time high. in foreign exchange just a little bit to go through some currency pairs. the highest level since 2022. dollar canada had the highest since 2020 a weaker canadian currency and then some single names. gm got absolutely hammered. >> gm and ford will probably see a $3000 increase to the prices on their cards because of tariffs and how they are behaving. let's just be clear. a lot of these companies have tried to get ahead of decoupling from china moving operations to mexico. the question is if mexico is being treated as a backdoor for chinese parts to come into the united states. how much is it sort of a whack-a-mole. where can we move quickly and fast before getting penalized. gm and ford are finding them selves yet again in the crosshairs. >> i'm not sure if you all saw this but some great stats in it. gm and stellantis import 55 percent of trucks sold in the united states from mexico and canada. >> you look at the pipelines and they've got completely to mexico and canada, here are some

all right, first take a look at the daily chart of the s&p 500 cash index. mated new high that was just beyond one of our major upside targets of 58.15, you can see the nice burst there. for those of you who don't remember, boroden likes to come up with key levels to watch by running those through numbers. the it's an important series of numbers. snail shells, pine cones. we have no idea how this analysis works, but there is no denying these ratios show up, the key support resistance levels. this time the s&p 500 cleared a hurdle, created by 127.2% extension of the previous decline from july 16 through august 5. as boroden sees it, the s&p has hit her minimum upside target of the last decline. keep that word minimum in mind. and it came right at the confluence of six timing cycles. don't forget, boroden can do the same analysis for both the y axis of the price chart and the x axis, which is time. and she runs them through the machine to find dates where the index is more likely to change their trajectory. in this case, six timing cycles between october 16 and

so polls so support for the s p d collapsing. so what could germany's next government off the election february potentially look like? yeah, well that by the way, isn't increasingly difficult question to all the say in germany. there are more policies uh than that used to be. and we've also got another thing, the phenomenon of a people changing their minds relatively late in election campaigns is becoming increasingly common. so it can be difficult to predict german elections nowadays. and also, by the way they sounded like election would be unusual. and that is being held in february, what effect might that have on turn out? nobody knows. but having said all that, it does look at the moment is if the center right conservative cd you see su, bazzi are essentially in a solid place to win. and it's lita, it's candidate for jobs left free birth match the cd you leader. as long as he avoids gaps and he has no ways down that in the past. but he does look according to the polls at the moment is a fee will be the man to take on the role

well, it is not the first time we have this data, and it�*s not the first time we have this trend. ctivity decline, but also it has to do with the elements that are linked to a reality in many developing countries where the informal sector, the sector non—formalised, is not declining. but in principle, if workers�* share of the riches of the world is falling, is that a good thing, is it a bad thing or are you neutral about it? we will never be neutral as employers and business community. i think that it�*s in the interest of employers also that the incomes of workers increase. 0k? but in principle, if workers�* share of the riches of the world is falling, is that a good thing, is it a bad thing or are you neutral about it? we will never be neutral as employers and business community. i think that it�*s in the interest of employers also that the incomes of workers increase. 0k? the challenge, this is how we get there. this is not an easy path. but for that you need also what we call social dialogue institutions that are strong and solid. and you also need responsible attitude, respon

maybe up 1,200 points at the opening bell, s&p up 119. the nasdaq is up 330 points, all of them 2% up for the dow, nearly 3%, s&p 2%, 1.6% for the nasdaq, big gain. and look at this. tesla, a big gain there. investors like elon musk's association with the president-elect. up 30 bucks that is 12%. trump's win means no tax hikes on business, an end to kamala harris' war on corporate mergers and an end to at least some of the rules and regulations that hamstring innovation. all of this good news for stocks. good news for bitcoin too. earlier, it hit $75,000. right now it's 74 and change. trump is crypto friendly. harris, not so much. on the show today, we're waiting to hear from kamala harris. sshe would not come out to meet her supporters last night. we have yet to hear anything from president biden. so how did the democrats lose so badly? my opinion, they only have themselves to blame. it is wednesday, november 6, 2024. "varney" & company is about to begin. i feel nice, like sugar and spice ♪ stuart: that was inevitable wasn't it? james bro

the dowjones notched a record high on monday, while the s&p 500 topped 6,000. bitcoin as well briefly hit above us$89,000 for the first time ever. the positive momentum comes as donald trump's election victory continues to boost sentiment. ritika gupta has the latest from new york. us stocks rose for a fifth straight session on monday with the s&p 500 topping 6,000 for the first time and the dowjones industrial average hitting a fresh record. investors continue to bet those trades will benefit from president—elect donald trump's agenda. economically sensitive shars also outperformed with the russell 2000 index of smaller firms claiming to the highest since 2021. a closely watched gauge of banks rose in anticipation of deregulation and lower taxes under a donald trump presidency. while most big techs fell with nvidia down over 1.5%, tesla bucked the trend as part of the broader so—called "trump trade" — investors piled into elon musk�*s ev maker, confident a second trump term will bring windfalls to the company. the stockjumped 9% on monday. meanwhile the bond ma

handling of the uk government�*s handling of the coronavirus outbreak. that, sorry, but he has been giving evidence today. the third time he has been appearing before that inquiry. matt hancock was the health secretary from july 2018 to june 2021 health secretary from july 2018 tojune 2021 and that was during the height of the covid pandemic and he has been asked specifically about the health care system, the capacity in hospitals and an intensive care units. also how close some hospitals came to collapsing and also asked about ppe and the longer term impact of covid, let�*s have a quick listen. covid, let's have a quick listen. .,. . covid, let's have a quick listen. ., . ., listen. facing a pandemic of this scale — listen. facing a pandemic of this scale for— listen. facing a pandemic of this scale for the _ listen. facing a pandemic of this scale for the first - listen. facing a pandemic of this scale for the first time | this scale for the first time in living memory, what i can say accurately is that i and all those around me and the team in the hea

we're still hanging positive on the dow and the s&p. nasdaq is a fractional loser, the latest cpi came in as expected, but did still show that inflation remains sticky, and that sent yields at the long end of the treasury curve higher today. 4.45 is where we sit on the 10-year. that might be part of the issue today. elsewhere, you have yields at the shorter end, the 2 and the 5. energy are the best sector in a mixed day overall internally. it takes us to the talk of the tape. where these markets are likely to head over the next few months. let's ask ourtney garcia of payne capital management, a cnbc contributor. welcome back. >> are we supposed to buy into the election surge, or what's your take on what we have done and what it might mean for where we go? >> clearly what you're seeing is there's an excitement and euphoria post election. everybody is getting in there and putting that risk on rally. when you look at the s&p 500, for example, it is trading expensive. right? it trades 22 times forward earnings, which is historically expensiv

the equity markets. dow futures up 55 points. s&p futures up 10. the nasdaq up by 65. the dow was down

every sector within the s&p 500 today is in the green. consumer discretionary the best following the strongest ism services report in a couple of years. industrials also solid. of course we check tech. it's up as well. we're still watching nvidia and apple battle it out for the biggest market share company in the market and we will track that through this final 60 as well. it does take us to our talk of the tape, the election and stocks and what the result will mean for this bull run. let's ask our panel. new york life's lauren goodwin, anastasia amoroso and kevin gordon are all with me at post nine. lauren, i will start with you first. how do you feel about the events, not so much what you think is going to be the result, but how the market backdrop is no matter what? >> well, for one thing, we're coming off of an economic growth and earnings backdrop that's incredibly resilient and that provides, i think, a bolster for the bull market and frankly gives whoever the next administration is a bit of time and leeway to enact their policies.

the election trade. we have now fallen nearly 3% since all-time highs when it comes to that s&p 500 future. o have nvidia reporting. that can be the next guide forward for the equity market. but perhaps some of this jitterness coming from the fact that we have yet to hear a treasury secretary or trade secretary come from the trip -- come from the trump administration. that will be key because we are eyeing how strong those tariffs will be when trump takes the presidency in january. tom: setting is perfectly for the next segment, nodding to what is happening on what -- on who will be the next secretary of state. the fight over donald trump's chief policy maker is heating up. executives push the president elect choose their professional -- their preferred candidates. let's bring in kriti gupta. where do we stand? are we any closer to knowing who will be the next treasury secretary? kriti: it feels like we just got out of a neck and neck race and here we have another one when it comes to treasury secretary. we are not closer because there seems to be a bit of pushback from the insiders who know

the xrt outperforming the s&p 500 this week. names surging following the better than expected earnings report. i spoke with ceo richard dixon in an interview about the progress of the transformation. >> the apparel industry decline 1.5 and we grew share in all of our brands. this is the fourth consecutive quarter of sales growth, seventh consecutive quarter of share gains, so you're really seeing the sequential progress in a reinvigoration strategy driving top top. >> gap might have gained apparel. ross said higher priced necessities are pressuring its shoppers spending ability. we'll hear more next week when dick's, macy's, kohl's, bias and a couple others -- best buy reports. gap says the early holiday sales it's seen are off to a strong start while target's quarter disappointed but did set sales records for its circle week, the early holiday event they're pretty much holding every october annually. retailers say consumers will buy when they have a reason to. maybe the events of black friday and cyber monday to get consumers wi

we're up 25% of the s&p 500 year to date. what would you be telling them in terms of whether, you know, the world has changed in a favorable way or it's more the same or should we expect some give-back? >> yes. i mean, you know, this is post-election and we knew that half the population was not going to be happy with the outcome and so i am dealing with clients that, you know, are unhappy but what i focus on is that the elections are over and the markets like certainty. i agree with cameron as far as, you know, there is momentum -- and keith -- that there is momentum in the markets right now. a few weeks ago i called the s&p 500 at 6,000 by year-end and, you know, we hit it today. so now we're looking -- our base case is 6120 for year-end. we do think that the market is going to continue this trend and it's going to be strong. we look at consumer sentiment, it's up. you know, we do think that the year is going to end, you know, well. >> yeah. that would be another just couple percent from here, 6120. cameron, i guess the quest

country�*s presidential elections. this is a look at the against alvaro delgado, the incumbent party�*s candidate — who has admitted defeat. mr 0rsi�*s coalition — the broad front — governed for 15 years until the victory of the country�*s current president luis lacalle pou in 2019. mr 0rsi is a former history teacher and two—time mayor of montevideo. he campaigned on increasing tax incentives to lure investment and on social security reforms that would lower the country�*s retirement age. joining me live to discuss is guillermo draper, the managing editor of the uruguayan weekly newspaper bus—queda. great happy with us. this appears to have been a pretty club selection. wipers that do you think? it club selection. wipers that do you think?— you think? it was close, we thou . ht you think? it was close, we thought we _ you think? it was close, we thought we were _ you think? it was close, we thought we were going - you think? it was close, we thought we were going to l you think? it was close, we . thought we were going to have you think? i

forget the 30's already on to the upper 40's for tri valley, east bay shoreline in the lower 50's as a 30's are just a memory from a few hours ago. sierra forecast doesn't really note the chance of some snow going on for sunday monday. that's a possibility. throw that out there. notice the temperature drop their reflecting all of this. 33 looks like a heifer monday and we're going to take a breather from the traffic early into the week before more action latter portion of the week. so today scattered clouds and there, as we mentioned, opening up for a short time. and then the threat of a few showers with all of that. not a whole lot coming from the skies. got the fight to some dry air as well. so lot folks may not see it, but it's just possibility. we'll get a few of those scattered showers longer ranges. more interesting. so we play this thing out for the weekend here. there's some mountain snows along with that a little bit. there. all right. we get this all set up the juice. your moisture is way up towards the north. there's the subtropical jet with they like to call an atmospheric

in the s-urin. �* ., looking to report in the s-urin.�* ., , , spring. and you have suggested in the past, for _ spring. and you have suggested in the past, for example, - spring. and you have suggested in the past, for example, jail. in the past, for example, jail terms of less than six months should be scrapped, that would reduce a lot of the women who are imprisoned because they tend to serve those shorter sentences. and you have also talked about technology being used to create tougher non—custodial sentences. how would that work? non-custodial sentences. how would that work?— non-custodial sentences. how would that work? you are right to say that _ would that work? you are right to say that when _ would that work? you are right to say that when i _ would that work? you are right to say that when i was - would that work? you are right to say that when i was just - would that work? you are right to say that when i was just a i to say that when i was just a secretary, i was looking to end the use of short sentences. there has actually been something of