Jimmy li will join me this hour in this exclusive interview. Markets on the upswing to begin futures. Take a look at dow industrials 344 points. Nasdaq up 109. Thats almost 1 . S p higher by 9 points. The dow posting best month since 1987 with gain of almost 12 , other averages also higher by 12 and 11 all this as we await key testimony from federal jay powell and jimmy mnuchin today and unused covid relief funding. Return to high seas, we are taking you on a port on how they are getting ready. Another missing monolith moved. Making a buzz this morning. Mornings with maria live right now. Maria all right, european markets meanwhile look like this as rally is underway on wall street. European markets higher across the board. Ftse up 123 points. Almost 2 , cac quarante up 62 and dax index up 135. British factories reporting fastest growth in 3 years. Purchasing Managers Index rising to 55. 6 in the month of november. In asia overnight green across the board. Chinas manufacturing pmi54. 9
Fire danger in effect from 11 00 tonight to 8 00 a. M. Wednesday for many of the Higher Elevations of marin county, parts of napa and Sonoma County and lake county, wind gusts could reach 40 Miles Per Hour or higher. Once again, this is in the Higher Elevations and for the nxt two days. Fires can start and spread easily under thesications. For the remainder of the bay area above 1,000 feet, a fire weather watch in effect from wednesday into friday. Similar conditions, only we expect only occasional gusts during that period of time, not the stronger, steadier gusts were expecting the next two days. All right. We will be watching it closely. Spencer, thank you. We are just 15 days away from the election that will decide our next president. And so far here in the bay area voters are responding in record numbers. Ballot boxes and Election Centers are swirling with activity, all of this as today marks the deadline for registering online in california. Heres abc 7 News Reporter laura anthony
Reporter matt boon in oakland, matt . Reporter liz, its been warm and windy out here all day. Those gusts causing issues overnight behind me they toppled over part of a tree into power lines causing additional Power Outages for people here in mt. Claire. As crews clear the fallen branch, pg e says its working to restore power to the 800 or so customers that have been affected. But just down the road in mt. Claire village, the stoplights are off and signs like this dot many of the businesses. We did find julia, owner of this store in the dark. Her world upside down. The power is out but youre here working. What are you doing . Im working on my taxes. Reporter the old faxed way. The Old Fashioned way. Reporter while the shut offs may impact her business, she understands the importance thinking back to the oakland fire of 19 91. It best not having business for one or two days than not having business for almost a year. Reporter up in the hills, resident richard fills up the gas generator
Strong gains and this morning you will see that there are green arrows once again, the dow indicated up by about 88, s p by about 9 1 2 and the nasdaq indicated up by 48 points if you watched what happened in the treasury markets, we did get a lot of fed speak and it sounds like there is a little bit of confusion. You can see the ten year note has ticked up a little bit, 0. 769 is the latest yield andrew and lets take a quick look at the dow transports, gaining another 2. 5 yesterday, also hitting a record high, the two as to beings to watch this morning, eli lilly and he regeneron both big winners on Covid Treatment hopes. And President Trump touting both of those in a video that he released over twitter late yesterday. Well tuck a lalk more about th. But also take a look at shares of tesla, new Street Research upgrading that Company Stock to a buy saying that to sees a decade of hyper growth ahead, this call makes the firm the second highest priced target on the street so in lead wit
Else, stimulus optimism. Pelosi and mnuchin are set to speak again. Airline stocks are up. Plus the race for a cure and treatment for the coronavirus. Shares of regeneron and eli lilly are rallying, both asking the fda for emergency use approval for their antibody therapies. And speaking of surging, look at shares of ibm this morning, moving up on plans to spin off its it infrastructure unit Arvind Krishna and Ginni Rometty will both join us first to discuss this historic move for the company. Carl we are awash in headlines from the president after this 55minute interview. But buried in there are discussions about the progress of stimulus talks and emergency approval for the likes of lilly and regeneron. Look, i think that there is a narrative that were going to start hearing and it was the president s narrative, he voiced it, i know if youre george ancopolous, you dont want to hear it is a cure. You want to hear it is something that is part of a cocktail of things that you need to be