Hearing. Futures this morning look like this, markets fractionally moving this morning, they are in the red on fears of a new coronavirus wave. Dow industrials down 17, nasdaq down 23 and s p 500 not too far from where it closed yesterday, down just about 2 points. Despite positive talks on a new round of stimulus. It is he departure from yesterday, markets were boosted by energy, technology and financials. This morning, we are seeing reversal after four weeks straight of losses, the dow industrials yesterday were up 410 points, nasdaq up 203 and s p higher by 53. California wildfires turned deadly as more than 50,000 people are forced to evacuate their homes and wine country has been ravaged by the flames. We will take you there live. And hitting the brakes, the epa questions californias new plan to ban gas powered cars by 2035. Why it may not be legal at all. Plus, a skeleton of fun, this gigantic halloween decoration making the buzz this morning. Wait until you hear the price tag. M
Remains the worst affected country in the world its all more than 1100 new deaths on thursday alone and florida is one of the worst hit states reporting a record increase in the number of daily deaths on thursday and the gallagher is in miami with more on the strain the States Health system is facing. The intensive care units across the state are getting very very full indeed in fact i had a long conversation with a doctor the other day who just done a stint in i. C. U. And he said that it was it was terrible it was really bad theyre running short on medicine theyre running short on beds the mental strain on the. Line staff is really incredible and yet we have a governor here Rhonda Santas whos at the white house meeting with President Trump saying that he will not talk about rolling back closures airlines have been told they should urgently inspect the type of boeing jets its over fears planes park during the pandemic could suffer engine failure the u. S. Civil aviation watchdog says
Closer to the public but over the past few years specially this year it has been increasingly overshadowed and mired by protests comes at a very precarious time this is one of the last state of the nation address of the president is supposed to step down in 2022 it comes as the biggest Media Network in the country has been shut down forcibly shut down by congress that did not renew its franchise calling in and according to activists anti terror law has taken into effect and just a few days ago when for example local journalists in the southern philippines received Death Threats and another independent online use site north of manila has been raided by police so you know here at this point what theyre saying basically it remains to be seen what the president is saying but they are not very confident that the things that these going to be saying that she needs are real achievements that effect change on the ordinary people the philippines is still struggling to deal with the pandemic sau
Young people showing mild or no symptoms at all it prompted a swift shutdown of night clubs throughout the region as well as a curfew on bars and concern among other European Countries of further outbreaks the u. K. s government announced on saturday that a 14 day quarantine period would be introduced for travelers returning from spain and in france there were requests to avoid travels to the country altogether so he saw the us. Concerning the situation in catalonia which is displaying worsened indicators for infection there as you know those who are going to get is are deteriorating we strongly encourage french citizens to avoid going there until the Health Situation improves and. This is the high season for tourism and many working in the sector are already feeling the drastic impact of the pandemic. In all the years that i have been here this is catastrophic things were good for a time over the past weeks but not now even 2 weeks ago you saw more people out but not now there is noth
Sanctions and claims to the South China Sea take center stage today. Stocks are shrugging it off. The dow up more than 400 points but the big tech is struggling faang, internet names that have been on fire are seeing weakness today. Were following it all 59 minutes left of trade. Certainly weve been all over the place in markets but were up as we stand with the major indexes we have a big line up of guests. In a few moments well speak with shrewsberry, cfo of wells fargo. And Robert Kaplan will join us and well speak with Michigan Governor Gretchen Whitmer an earlier biden endorser as biden lays out more details of his economic plan. Lets focus in on the big stories were watching at this hour wilfred has the highlights ph wilfred, start off with the banks here. The key focus, sara, as we expected it to be on provisions for potential bad loans. They rose from all the banks from q 1 to q 2 and rose more than expected. Wells fargos more than doubling quarter over quarter the big question