The russell 2000, another alltime high, up 2. 1 . The s p 500 up a solid 1. 5 . Important is the cyclical reopening rotation we had happening in recent weeks, often it comes at the cost of tech but that is not happen today. The nasdaq 100 is up 1 . This is a bully lock cyclical rotation on the expectation of normalizing economy this is a goldilocks cyclical rotation on the expectation of normalizing economy. I know we have been talking about whether or not it will last. If we take a look at the sectors on the month, it does suggest the cyclical rotation is on the way. Take a look at energy, up 30 . Heading toward its best monthly performance ever. That is the foam oh buying we have around that is the fomo buying we have around energy, but also financials. We have stocks off to the races. Taylor is interesting as we talk about the reflation trade in the outlook for politics. We are looking at bond yields up three basis points on the 10 year, five basis points on the 30 year that goes in
Local news station. Now with breaking news. It is absolutely imperative that we take action now. Each and every one of us in order to get through this. Local Health Officials sounding the alarm and shutting services as coronavirus cases surge across the bay area. America has more than 10 million confirmed coronavirus cases and more than 240,000 people have died from this virus. Here in california. We now have gone over 1 million confirmed cases of covid19. Thank you so much for joining us here on kron 4 news at 3 on this friday, the 13th im Justine Waldman we have a lot to get to this hour and well start right now with the Team Coverage we have on the new covid restrictions that are coming across the bay area. Well start in the south bay with kron fours rob fladeboe he is live for us in san jose. And rob the city Just Announced a backtrack. In its reopening plan part of the new details. And thats just tina Santa Clara County Health Officials are holding a News Conference here at the co
Activities says we take a look at the current status of each county on the states tiered reopening map today country Casa Santa Clara and marin counties all announced these new restrictions at all 3 are expected to move back to a more restrictive tier. Next week for contra costa that would mean entering the purple are most restrictive tier you see only Sonoma County is in that tier right now you dont want to be in purple. While santa clara and marin counties would fall into the red tier which is just behind purple despite San Francisco being the most relaxed yellow covid tier Indoor Dining will be banned in San Francisco starting at midnight city leaders announced new restrictions this week because of the spike in covid cases call forced to has reaction from the already struggling Restaurant Industry. These are very brutal times for so many it was friday at midnight where the San Francisco Health Officials said that Indoor Dining must and we spoke with some people in the Restaurant Ind
Restaurants. All kinds of places they just got people inside and now theyre shutting down this must be a shock wave. A shock wave, vicki and katherine also stunning and devastating for the Restaurant Industry were here in San Francisco and restaurants were hoping that they can just keep going, but this is really going to make them roll back and the effects are going to be stunning they are telling us lets take a look at some video of the restaurants here in San Francisco. They were offering 50 of their indoor space to guess and now theyre told to pull back services mayor london breed that you heard and director of Health Doctor grant colfax announcing tuesday that the city is turning back on reopening. Now theyre pointing to the significant a rapid increase in covid19 cases plus hospitalization rates climb. For the Restaurant Industry that means Indoor Dining will halt affective friday night at midnight kron 4 spoke with the president of the Golden Gate Restaurant Association and owner
Same thing people have to wear masks as these did your shots or do a thing you have to maintain socialdistancing distancing any happy really careful about going indoors. And you know for thanksgiving i went on people to have it outdoors. So its you know, its just more of same frankly. Yeah. And barbecue doctor theres still a lot were learning and theres a lot we do not know have there been for you any surprises along the way. Well the vaccine advice that the vaccine news from yesterday i thought was really quite the to have a vaccine. That with no side effects. Is just remarkable and to have it in this period of time. And i would imagine were going to be able to start seeing back seen available for so people who are either highly exposed like an intensive care units or who highly highly likely to develop complications like nursing home patients. By mid or or you know late december. And you know the general public by the spring. So doctor very quickly because were running out of time fo