Good monday morning. Im Carl Quintanilla with jon fortt. The dow puts together the first intraday high in nine months, processing the election, putting closure, perhaps, to that but obviously the big news of the day is out of pfizer and this potential covid19 vaccine once again, well start the hour with meg hey, carl this news that pfizer and german partner biontech provided 90 efficacy in the phase three trial providing hope this is the first vaccine we have seen results from the results are limited. They just the independent committee took a look at the trial. They found 94 confirmed cases of the covid19 in the trial and they found a difference in the Placebo Group and the vaccine group. They also said they saw no serious safety concerns in the trial. Theyre going to he mass two months of safety followup which for half the people in the trial getting their second shot which will take them into the third week of november that is next week after which time they will file with the fachl
Were about 48 hours away from a new curfew for most of the bay area. Tonight the rules and the reaction. Theyre inside anyway, what do we need a curfew for . Parents and teachers in Alameda County fight to save two schools from closing. The vote just moments ago. Multiple setbacks tonight in President Trumps last ditch effort to overturn election results. And why an ambitious effort to reduce homelessness is being met with lawsuits in the bay area. This is not how democracy works. Well first, we have some breaking news. A police chase in Monterey County ending with multiple diners injured. Witnesses in selena say a mercedes blew through a red light, hit another vehicle and then crashed into a restaurant. Weve just gotten word that a suspect has been detained. Were told that none of the injuries are life threatening. Still a scary scene tonight. Good evening, im ken bastida. And im elizabeth cook. Now at 11 00 and streaming on cbsn bay area, with coronavirus cases skyrocketing and thank
Treasury yield target. Chancellor merkel looks to repair the transatlantic trade ties but bidens Irish Heritage threatens the u. K. s special relationship as his views around a hard border in ireland remains central to brexit talk. Welcome to the program, everybody. Just under one hour to go until the start of cash equities trading. Lets have a look at where users have us positioned. We saw a strong appetite for risk assets last week and that continues with the big news over the weekend about president elect biden. Point 21. 550 futures percent, echoed by ftse futures and dax futures. Buyave a sense of if not everything, buy risk and treasuries. We are not seeing full wholehearted embrace of the fixed income asset class this morning. This is what got on the global stocks outlook. Mastec futures outperforming. A lot of this had to do with hyden the optimism around what President Biden might do around stimulus although there is a senate conversation. What does this mean for reflation . W
The process making road was a little bit wet for some of our upper elevations in the east bay and then right along the now aside from that visibility is actually holding up just fine for most areas as you can see in fog cash shouldnt have much issues this morning and skies will clear pretty quickly on into late morning. Temperatures right now were in the 40s and 50s with concord at 53 degrees oakland at a nice mild 55 youve been our most mild spot all morning long while its easy to spot our coldest area. That santa rosa currently at 37 degrees are only area thats right now in the 30s, im talking what else to expect later on today still to come in your forecast. Course weve got to look at traffic with robin how is it on the roads. Its a little busy out there john for checking in on 92, we have a crowd thats leaving hayward heading off to the peninsula you see the role here getting a little congested, but its still not bad. It started picking up in the 4 oclock hour and we have more folk
Schools from closing. The vote just moments ago. Multiple setbacks tonight in President Trumps last ditch effort to overturn election results. And why an ambitious effort to reduce homelessness is being met with lawsuits in the bay area. This is not how democracy works. Well first, we have some breaking news. A police chase in Monterey County ending with multiple diners injured. Witnesses in selena say a mercedes blew through a red light, hit another vehicle and then crashed into a restaurant. Weve just gotten word that a suspect has been detained. Were told that none of the injuries are life threatening. Still a scary scene tonight. Good evening, im ken bastida. And im elizabeth cook. Now at 11 00 and streaming on cbsn bay area, with coronavirus cases skyrocketing and thanksgiving just days away, every county in the purple tier is about to be under a new statewide curfew. That includes santa clara, contra costa and alameda. Kpix 5s joe vazquez explains what you are and are not allowed