Upside. Looking at commodities. Crude moving to the upside. A big move to the downside with , on the vaccine and signs of Economic Growth in the u. S. Particularly helping people not to look for havens or avoid havens, get out of them. Gold down half of 1 . Bitcoin surging up again, it has above 18,500. Juliette lets get the first word news. The head of the u. S. Government Coronavirus Vaccine program says results of trials by astrazeneca show encouraging signs it may help block the most severe cases. No one given the vaccine developed severe covid, while 16 people on the placebo debt. He called the results excited. Nine, reports 70 process astrazeneca report 70 success. The centers for Disease Control a model shows weekly u. S. Cases and deaths rising every week for at least the next month. Italy is the Second European nation to report 50,000 total fatalities. The u. K. Is extending lockdown next week in favor of even tougher regional curbs. Reports from washington say the Trump Admin
Or your phone, our app on the phone to see the temperature, subtract about 3 to 6 degrees from that. Thats what the windchill will feel like. This afternoon, how about low to mid 60s from the coast to our inland neighborhoods. Lets get the news on this thanksgiving. Heres kumasi. Good morning, by day for staff and volunteers here at glide. Volunteers are busy setting up tables and putting up signs. The tables are set up to allow for social distancing, aside from those few changes it will be the same glide thanksgiving meal that thousands demand on each year. Glide has continued to serve food three meals a day since the start of the pandemic. That has not stopped. Organizers say there was never a doubt they would do thanksgiving, the issue was how. So moving the event outdoors solved that problem. Thankfully no rain. They plan to serve 2,300 meals. One of the organizers says because of covid19 this years thanksgiving brunch is even more necessary. Covid is affecting all of us, but its a
Francine one week to go, biden picks up his campaign pace as the senate hands the Supreme Court judge confirmation to trump and republicans. Syphilis Nancy Pelosi Nancy pelosi and Steve Mnuchin failed to make a deal. And chief executive noah quinn cast credit losses. Paybank aims to conservative diffidence. Welcome to bloomberg surveillance. Tom keene in new york, im french on the quad and london. That Francine Lacqua and london. We have hsbc, we talk about dividends. Bp saying it will be a very volatile couple of quarters ahead. Tom the pandemic overlay was still ahead. That was the theme yesterday, far more than the election, it was certainly the talk of new york. Every conversation was about a reinventing of the pandemic. Thee going to try to put nearlyhrough today, not as much damage as you would we are witht here futures up six. Francine and what is also significant is a lot of european countries, there seems to be a backlash against governments that are trying to put too many res
First lets go right to bob pisani for more on the market selloff today. We are off the lows but just barely 3366 was the low today, 3381 right now. Lets not quibble about a few points the damage is pretty widespread, but the general theme is cyclical stocks and stocks most associated with reopening stories are having a tough time of it. Energy, oil down about 3 at 1 , banks, which had a good time last week not starting off the week well, industrials, another cyclical group and defenses will sectors like utilities and staples all down sap dropped as much as 21 over in europe here they cut their revenue forecast for the full year they expect a fresh wave of lockdowns to hurt demand through the first half of 2021 first off, first half is alarming but just the idea that general airically t general ai generically, people are betting its a broader more than stock specific so we have no stimulus right now of any term, near term, long term, any term we have a reopening story thats going rather
And xmtchristmas in october as amazon kicks off its two day prime day today, the investment play and if any other retailers have what it takes to compete with amazon, it is tuesday, october 13, 2020 you are watching cnbc right here on cnbc. Let it go, let it go how youre one with the wind and sky everyones kid knows that song good morning, im dominic chu in for Brian Sullivan you can see the dow is implied lower by just about 17 points, so well call it fairly stage and flat nasdaq higher by about 77, the Technology Trend continues the nasdaq has been leading on the up side and down side over the course of the last couple months the major averages all coming off yet another winning session, the dow rising more than 250 points for its first four day winning streak since Early September. The major outperformer again was that nasdaq, surging more than 2. 5 for its best day since september 9. You can see there just over the last two days here, a massive move higher, 2. 5 gains there to clos