Welcome to squawk box. Im becky quick along with joe kernen and Andrew Ross Sorkin. Futures are indicated higher this morning, triple digit gains for the dow up by about 167 points but yesterday was a big down day for the markets. Dow was down by over 400 points, 1. 4 the s p and nasdaq done evz nasy even more. This morning s p indicated up by about 25 and nasdaq looks like it would open up by over 100 points fairly significant obviously everybody watching what will be happening with the stimulus talks with the deadline that nancy pelosi has said for later today. Lets take a look at the treasury markets ahead of that, you will see that the ten year looks like it is yielding 0. 777 so a little stronger yields for the treasury markets right now but andrew, obviously washington is where people are watching and that is exactly where well go because House Speaker nancy pelosi and Steve Mnuchin are saying that they are making progress in their latest stimulus talks with time running short of
Almost a 109,000 every day covid related deaths are up 18 over the same time span averaging 939 per day over the last 2 weeks. The virus has killed more than 237,000 americans. To the south bay now officials are warning of a possible return to tighter Health Orders in the wake of the surge in new covid19 cases. Santa clara countys Public Health officer and other officials calling on the community to stay on guard against the virus. 358 new covid19 cases reported yesterday. It is the most since the middle of july. Theres also been a sharp increase in hospitalizations to more than a 100. The newest infections are mostly in people between the ages of 1834 years old the county is stepping up enforcement of the health order and so far 79 businesses have received notices for noncompliance amid more than 1000 complaints state leaders are already gearing up to work with the president and Vice President elect joe biden and kamala harris. Although President Trump has yet to concede in the presid
Fours tapers actually chris sacchi rather she talked to a doctor at u c s f and she has concerning the weekend celebrations in how people were affected by that taylor. Can begin theres no doubt about it its definitely concerning to see an increase in those daily cases, but the good thing well if you want to even call it that, but the important thing to know is that San Francisco is in seeing an increase in hospitalizations that will be important because we typically see those hospitalizations increased as cases increase. So of course experts are now warning people to stay vigilant and to not get too comfortable, especially as the temperatures drop. Like many other bay area cities, San Francisco is also seeing a rise in coronavirus cases recording more than a 100 new daily cases over the past few days. Experts like doctor, peter chin, hong at ucsf say this is happening for several reasons people are getting comfortable and probably having more small gatherings and more people are also t
Ucsf believe this is for 3 reasons the first is were only as good as whats around us so if we saw in the country the rest of the country is on fire is like excluding with covid. And so is this because of the hot even with reduce travel, there are people going back and forth second. He says people are getting more comfortable lax in their precautions and probably having more small gatherings number 3 is its getting cold. So we know that these respiratory viruses love call not only because temperature aspect they survived betting cool but michael does is it brings people together you are if you go more likely going to meet somebody and then endure, setting versus outdoors. Something that doctor chan hong is more worried about after seeing celebrations on saturday once a president elect was announced while hundreds of people flooded castro street. Vast majority were Wearing Masks you may remember when we had black lives matter protests. People were also wearing their masks and the city di
To below freezing conditions right now doubling youre sitting right at freezing at 32 degrees livermore 35 conquered at 39, but up in the north bay, some below freezing temperatures santa rosa and fairfield now each in the 20s with each city at 29 degrees. Napa and lean at 31 nevado in san anselmo each at 32 degrees right now so it is a cold start to this morning. As we mentioned you bundle up before you get out there robin great advice. Thank you john checking in on the traffic and we have a little bit of a line here squeezing into San Francisco were taking a live look at the bay bridge toll plaza where the backup stretches beyond the over crossing so pretty sluggish year coming in. Its completely normal so no crashes no stalls in the mix were doing fine at 11 minutes off to fremont street. But that number is going to go up down in the south bay traveling through san jose this morning keep in mind that a Police Investigation is underway. Mckee and capital a heavy Police Presence lanes