History-Making Week For Stocks, “Black Friday” And The Holiday Outlook For Retail, COVID-19 Vaccine Watch, And The Electric Vehicle SPAC Sizzle
Squawk on the Street - A podcast by CNBC
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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.
