Building a better bay area for a safe and secure future. This is abc 7 news. Campaign crunch time. T minus two days until Election Night results. But more than 90 million americans have already cast their ballot. Both President Trump and joe biden are pulling out their final punches in battleground states, coming down to the wire if they want to win the white house for the next four years. Good morning, everyone. Its sunday, november 1. Im liz kreutz. Thank you for joining us. Well have much more on how the candidates are making their final push in battleground states in just a moment. But first, as always, lets start with a quick look at the weather. Heres meteorologist Frances Dinglasan. Good morning, frances. Good morning, liz, good morning, everyone. Hope you enjoyed that extra hour asleep. We have a gorgeous day ahead. Temperatures in the 50s and 60s right now. Oakland already up to 63 degrees. Its just so pretty outside. Here is a live view of santa cruz. You may want to head to
Tech stocks underperforming today, pulling back more of mondays gains or giving up mondays gains, i should say, still on pace for a positive week 59 minutes left of the session, exactly down. 5 , sarah. Weve got a big lineup coming your way National Economic Council Director larry kudlow will join us to talk about the stimulus negotiations and any Economic Impact there. John shrewsberry of wells fargo will be with us and well talk to David Malpass and the race to fund Vaccine Development around the world. First off, though, lets get straight to the big stories were watching mike santoli is watching the market pullback. Rick santelli has the bond report but lets start with mike santoli. Big tech and momentum growth that have been running pretty hotly. This modest payback mode for the prior few weeks. Lows for today were right exactly where the s p closed on friday essentially made this roundtrip a couple of times, trying to bounce off of them yes, if you look at energy, look at pure val
Now. New data points to a sluggish economic recovery as payroll, points in the beige book shows a modest increase in activity. 59 minutes until the close were set to have another record highs for s p and nasdaq up 1. 2 on s p 500, sara its utilities leading the way higher for a change. Coming up on todays show, Galaxy Digital back to weigh in on the rally as it carries over into september were going to ask where hes putting money to work right now. Weve got an interesting mix of earnings coming your way after the bell, including work from home like cloud strike, those are hot, hot Cloud Companies Apparel Company pvh and well talk to manny tirico, calvin klein and Tommy Hilfiger mike santoli tracking Market Action as always Steve Liesman with new highlights from the feds beige book joining us to talk tesla and pullback were seeing is craig irwin from roth capital. Mike, start us off with the market every group is higher except for energy you do have utilities and real estate and health
Equity futures after a negative close on wall street. Headlines fromop the bloomberg terminals. Better than feared. The German Government expects this years contraction to be less severe than previously forecast. The economy minister presents new forecasts today amid data from across the region. For more years . Jpmorgan says investors should position for rising odds of donald trump winning the reelection as the president visits kenosha, wisconsin. Apples production glitch. They asked suppliers to build at least 75 million 5g iphones for later this year in a sign that demand is holding up. Just under one hour away from the start of cash trading across europe. Lets take a look at what futures are showing yesterday after we closed yesterday down across the board in europe. We are now seeing futures rise. The ftse didnt sure cash in the futures are down. Index seeing the equity closed down with trading higher. Since the ftse missed out on the drop its futures are trading lower. We have gr
Because we have a historic moment with the introduction and the nomination of Kamala Harris to the Vice President ial nominee, and we have a lot of big democratic stars who will be speaking, including nancy pelosi, hillary clinton, elizabeth warren, and barack obama. This will be an important night for the party to get an audience and introduce, harris. Introduce Kamala Harris. I am hoping we hear less attacks on the president and more about their governance strategy. David one thing we have not heard about is the issue of law and order. President trump will hit it hard. What is going on in some of our cities. We see it in new york, in chicago, in seattle. Kamala harris is in a particular position to address that, how we can police our streets and still not abuse some of the less fortunate. Jeanne this is what i have heard from moderates and more conservative friends who say this is a glaring absence so far in these last couple days. We know this is going on in the country around us, a