Archive.fm

Squawk on the Street

History-Making Week For Stocks, “Black Friday” And The Holiday Outlook For Retail, COVID-19 Vaccine Watch, And The Electric Vehicle SPAC Sizzle

David Faber, Melissa Lee and Mike Santoli discussed the road ahead for stocks on the final trading day of a week that has seen record highs, adding to a red-hot November for the markets. They also reacted to President Trump saying he’d commit to conceding the election if the electoral college calls the race for President-elect Biden. The anchors also explored what to expect from retail stocks on this “Black Friday” and how names such as Amazon could capitalize on a boost in online shopping this season. Also in focus: Investing in vaccine makers after AstraZeneca defended its COVID-19 vaccine trials. The CEO of electric vehicle battery startup QuantumScape” appeared on the program to discuss its SPAC deal, as shares of electric vehicle SPACs have been surging this month.

Broadcast on:
27 Nov 2020

David Faber, Melissa Lee and Mike Santoli discussed the road ahead for stocks on the final trading day of a week that has seen record highs, adding to a red-hot November for the markets.

They also reacted to President Trump saying he’d commit to conceding the election if the electoral college calls the race for President-elect Biden. The anchors also explored what to expect from retail stocks on this “Black Friday” and how names such as Amazon could capitalize on a boost in online shopping this season. Also in focus: Investing in vaccine makers after AstraZeneca defended its COVID-19 vaccine trials.

The CEO of electric vehicle battery startup QuantumScape” appeared on the program to discuss its SPAC deal, as shares of electric vehicle SPACs have been surging this month.