And it is beginning to look a lot like a socially distant christmas as the rock center tree lights up and as we all mask up and get in line. It is thursday, december 3, this is Worldwide Exchange. Good morning, good afternoon or good evening and welcome from wherever in the world that you may be watching. Im Brian Sullivan thanks for joining us. Here is how your money and Global Markets are setting up their day. Futures not giving us a lot of clues. Were pretty much mixed. We had more gains for the s p 500 yesterday. Yes, another record. Your 28th of the year if you are counting at home the nasdaq 100 also hitting a new record today though, we also focus squarely on oil. Opec and its allies meeting today to try to hammer out a deal to extend production cuts through march. They could not get a deal done on monday. Today rush 1sia and other natio join the talks if no deal is made or they reduce the cut instead of extending the entire thing, oil prices and stocks could take a big hit, tha
Table . Speaker pelosi says theres a chance she and the treasury secretary can still reach a deal later, pause for tiktok why a judge sided with bytedance and blocked the Trump Administration ban. Futures do imply a big open to start this monday morning of course, coming off the first fourweek decline of the year. Mike, you did some writing over the weekend. Largely about the degree to which september is doing the job its supposed to do. That being the sort of pause that refreshes the argument here is that if we came into september with the markets at record highs and everything looking very stretched to the upside and sentiment and the technical position of stocks and maybe even hopes for an immediate stimulus and this fourweek decline has largely reset a lot of those factors right. You have sentiment very muchal coo acooled off and huge short position develop in nasdaq futures and pretty much 180 degrees on that front. I would say back in the neutral zone, not necessarily super beari
A San Francisco company is helping hundreds of thousands of families across california, including the bay area with a tool to protect themselves on the Coronavirus Fight kron fours Jonathan Mccall has details. It was back to school tuesday for students in pittsburgh. For the first time in months they return to campus but only to pick up the items left behind in their classrooms. But they do drive away with more than just pens and paper 2000 families also took home digital thermometers. District Officials Say the small devices will provide a big boost for families in the Coronavirus Fight these are really amazing thermometers they provide helpful tips. For our families and theres an app can next to the phone. To provide tons of information back to the families of these 2000 thermometers are just a fraction of the 400,000 being donated to School Districts across the golden state. For free. All courtesy of San Francisco based can to help the thermometer is especially in these very challen
Towards reopening, but the bay area still a long ways away from getting back to normal thanks for being with us tonight at 8 oclock everybody im grant lotus and im Vicki Liviakis said today state leaders made changes to the stay at home order by expanding phase 2 so that more businesses can begin reopening. And while 6 bay area counties remain in phase. One there are some parts of the state that are allowed to move forward kron fours Capitol Bureau reporter Ashley Zavala explains. State leaders announced indoor and outdoor malls can reopen for Curbside Pickup and office work can resume under new guidelines released tuesday washes and pet grooming facilities can also reopen the governor says a Healthy Workforce is key is california gradually restart its economy. I think theres a deep desire for people to come back to work not everybody is going to come back right away, but some counties are prepared to come back at a faster pace than the state Health Officials announced tuesday view and
Americans of up to 6,000 per household karin caifa has the latest now from washington. What nancy pelosi is proposing will never pass the senate a warning from Senate Republicans to House Democrats on their next proposed coronavirus stimulus bill. The price tag more than trillion making it the largest relief package in history. Its got so much. Unrelated the coronavirus it is dead on arrival here House Speaker nancy pelosi jab back saying time is of the essence of the families who are suffering know. That hunger doesnt take a pause the rent doesnt take a pause the bills dont take a pause. The hardship of losing a job or tragically losing a loved one doesnt take a pause now facing an outbreak in the white house Vice President pence is distancing himself from President Trump and the Vice President has made that choice and to keep his distance for a few days and i would just know that thats his personal. Decision to make that across the country in the nations largest county los angeles, s