Now. We dont work, how are we going to make deals. The city wont give us a check. The bay area shuts down again as the virus speakers the San Franciscos restaurants feels the squeeze with winter approaching. And House Speaker nancy pelosi is criticized as Governor Newsom plans for a birthday party. What governors are warning and how we can help. Its a very dangerous situation, and our hospitals have been sounding the alarm. Good morning, its saturday, november 14th, im emily turner. And im devin fehely, lets get to weather. In terms of the they are is the fog this morning. The National Weather service put out a dense fog advisory. Anything is included in this. Im starting on the north bay. This is where the most intense fog is, particularly through napa and sonoma, thats where we are seeing visibilities down to a quarter of a mile or less. That makes perfect sense. The grounds have moisture in it and the temperatures are cold enough that fog is developing. East bay youre in this as wel
Tech and bond trades play out. Lets dig a little deeper into the virus story in the u. S. U. S. Infectious disease official Anthony Fauci says it wont be a pandemic a lot longer because of vaccine progress. Joining us now with more is bloomberg Senior Editor drew armstrong. We all want to have the monday where we were very happy about the Pfizer Biontech results. What if the state of play in the u. S. . Drew the state of play in the u. S. Is brutal. We are sitting case records because of uncontrolled spread in huge amounts of the u. S. Hospitalizations are higher than they have been at any point during the pandemic. During thet pandemic. Depend on who you ask, 1500 sorry, 1506 to two deaths in the u. S. Yesterday, a number we havent seen since the early days of the pandemic. Numberout every single or way you look at this that you can is going in the wrong direction right now, and newman the hospitalizations and knowing that hospitalizations after that, it is going to be a grizzly pictu
North carolina, and ohio whether we will get a clear result tonight remains to be seen the tenyear note level higher than since early june. Banks among the best performing stocks in the dow and the s p. Oil prices are gaining ground but the Energy Sector is the only in the red. Overall a broad based strong day on wall street. Following gains yesterday as well lets get straight to the big stories we are watching. Mike santoli is here watching the market rally. And ylan moi is following the all important balance of power in the senate for us mike santoli, welcome. Good twoday run in the markets. It is inhabiting the ground we were in the last half of last week and gone right to the middle 3,400 is the middle of the long threemonth range. If you think about it it has taken two days to lift the indexes back onto a balanced footing. We were pretty oversold last week challenged and tested the september lows bounced off of that today. Make sure folks are not leaning too much in one direction
Retreat from it. Joe biden is moving quickly to fill all key positions in his administration now, but donald trump has stopped blocking the transition. Im anthony, how its good to have you with us lengthening the lockdown, germany 16 state leaders have reportedly agreed to extend coronavirus lockdown measures into december and possibly into the new year. But exceptions ah, being made for holiday celebrations, restrictions already in place have led to a leveling off of new infections. But germanys case load remains stubbornly high. Just last week, chancellor Angela Merkel had called for even stricter measures, but she was met with resistance. The pressure is on for the German Government to ease restrictions for the most important time of the year. For many christmas celebrations. Right, know beilin stand down and Market Square would usually be packed with people enjoying the christmas market. Its been canceled. People will be allowed to gather at home for christmas, but in smaller group
The u. S. Election and there is profit taking in parts of the market. Investors, trying to figure out what a biden possible blue sweep and the senate means for markets. The focus is on brexit. Rushing outstories and we go to the fed and jobs tumbling. Oil two other stories we are watching, euro area october are thanring pmi, that expected, 54. 8 instead of 54. 4. Se extra this is pretty lockdowns. Watch down for some of the stocks because there was an input error. Maybe we look at individual countries instead of the stoxx 600 as a whole. Lets get to the first word news in new york in london with leighann gerrans. And thank you. With one day until the u. S. President ial election, democratic nominee joe biden is leading incumbent donald trump in a series of polls. He remains ahead nationally as well as in key battleground states although some of the races remain extremely close. A number of polls put widen and ahead in the key swing state of pennsylvania. The u. K. Is set to enter a loc