We have foxbusiness Team Coverage with blake burman at the white house. President elect bidens transition. Gerri willis standing by but we begin with jackie deangelis. Good afternoon. Good afternoon. History is being made right before our eyes. Dow about 30,000. I think is interesting today, not just the dow but look at the s p 500 on a percentage basis of a little bit more and even the dow industrial. 500 is broader than the dow 30. You can see this was a big broadbased rally across the board. I think that is important. Look at the dow winners because it gives you the sectors, energy is moving today, we see the financials moving higher today. Walt disney is a big winner today but it wasnt just stocks, it was oil as well. Over 45 a barrel, disclosing under that level and it took the Energy Stocks up because the investors are basically betting on recovery for the economy and that means more demand for oil and that means these companies will do better. Having said that, lets take a pause
Democratic politicians, examples how theyre breaking their own lockdowns. Americans lockdowns forethee, parties and trips for me. You will not believe who else is on the game. People and now more sheriffs pushing back on states from coast to coast breaking up basically the cities and states are breaking up large gatherings to stop covid19 from spreading but now sheriffs in four states are refusing to enforce these rules, including breaking up thanksgiving dinner parties under extreme covid19 lockdown measures that number of sheriffs doing that, the number of states where that is happening, that could grow. Also this, there is new hope. Pfizer says its vaccine is now more effective than realized. Maybe raising hopes of a vaccine in december. One top democrat governor is tossing cold water on that, and tossing cold water on the Trump Administrations operation warp speed coming to market. The fbi is launching a new counterintelligence probe into china nearly every 10 hours for replicating
Mountains where well have more than an inch. You can see during the afternoon hours, the rain is looking pretty impressive and so are those temperatures low to mid 60s. An hourbyhour look at that wet weather coming up. Thanks. Expect changes with your businesses starting today. Governor newsom had to pull the emergency brake on reopening because new cases in the state nearly doubled in just ten days. This is simply the fastest increase california has seen since the beginning of this pandemic. Look at all that purple. Every county in the bay area is in the purple tier except for marin, San Francisco and san mateo, theyre in the red tier. Purple tier means transmission is widespread and that includes limiting Retail Stores and shopping malls to 25 capacity and closing all nonessential businesses such as churches, movie theaters gyms. These restrictions just went into effect at midnight and that only gave businesses a day to adjust to everything. Abc7 News Reporter Julian Glover live in t
Democratic politicians, examples how theyre breaking their own lockdowns. Americans lockdowns forethee, parties and trips for me. You will not believe who else is on the game. People and now more sheriffs pushing back on states from coast to coast breaking up basically the cities and states are breaking up large gatherings to stop covid19 from spreading but now sheriffs in four states are refusing to enforce these rules, including breaking up thanksgiving dinner parties under extreme covid19 lockdown measures that number of sheriffs doing that, the number of states where that is happening, that could grow. Also this, there is new hope. Pfizer says its vaccine is now more effective than realized. Maybe raising hopes of a vaccine in december. One top democrat governor is tossing cold water on that, and tossing cold water on the Trump Administrations operation warp speed coming to market. The fbi is launching a new counterintelligence probe into china nearly every 10 hours for replicating
A key gop senator breaks from the president over transition briefings, vowing to intervene on behalf of president elect joe biden. Theres nothing wrong with Vice President biden getting the briefings to be able to prepare himself and so that he can be ready. Just ahead, whats next in the transition, as the president elect forges ahead and names the man who will lead his white house staff. Braking overnight, eta arrives again. The powerful storm makes its second landfall in florida another round of damaging wind and heavy rain, causing new damage and more flooding well have a live report on the flood alerts now posted up and down the east coast. One and done the very First Caribbean cruise since the pandemic began halted after a passenger tests positive what it could mean for the already hardhit industry moving forward. Those stories, plus, together again wild child the stars of Country Music step out for the cmas the industrys biggest night of the year. It is going to be music that bri