Tracking the chance for rain returns to the bay area. Today in the bay starts right now. And a very good tuesday, no, thursday. Goodness. Thursday morning. Thanks for joining us, im laura garcia. Im marcus washington. Mike is keeping an eye on that commute and first lets start with meteorologist kari hall with a look at that forecast for today. Kari . We are starting much cooler again now that the skies have cleared and well see a mostly clear sky today and comfortable afternoon. And then by tomorrow evening rain chances go up as a cold front arrives it brings in scattered showers and its all out of here by early saturday morning. We will have a nice weekend ahead. As we check out what to expect for today. Look at for those highs to reach into the low 60s and, once again, that sunshine continuing. Well talk about the timeline of the rain coming up. Mike, how is it looking for the Early Morning commute . Well, things are clear on the roadway for the most part except for road crews. Lets
Steve scalise, nancy nancy maces Jeff Van Drew and louisiana senator, john kennedy. Futures starting on a mixed note. The dow industrials are down 120 points, the s p is also weaker by 3 and a quarter but the nasdaq is up a little bit of a rotation going on this morning, back into technology. The nasdaq up 50 o 50 points. This follows a mixed performance yesterday, investors rotating into the tech sector. Were standing by for key speeches from Federal Reserve officials later today. Well take a look at market moving words on rates and the economy. Pfizer and biontech 90 effectiveness report helping drive markets. What challenges do we expect before its rolled out of. Ill speak with the companys founder and ceo of biontech later this hour. Then, cruising into the future, one state is anticipating a future filled with flying cars and its making a buzz this morning. Mornings with maria is live right now. I just cant get you out of my head. Boy, your loving is all i think about. I just cant
40 billion in mortgagebacked securities. They say the path of the economy will be connected to the path of the virus in the statement. One interesting note at the end. Mary dailey, head of San Francisco reserve president mad to cast her vote as alternate. Minneapolis president Neal Kashkari is on paternity leave. He was into the at the meeting. The birth of their second child happened this week. We think, we believe this is the first time a Voting Member missed a vote because of paternity leave. Back to you, charles. Charles that is an interesting tidbit a lot to go through here. Meantime, folks it is another monster session in the market which yesterday had the best ever postelection session. There should be no question that the worry of a blue wave was the main reason for selling last week. But now the question, have investors moved from abject fear to unbridled optimism a little too fast . Moreover with megagrowth leading the way again, what is the best place to be positioned for th
Prices and the economy depends on the course of the virus the committee will maintain its purchases or increase to smooth market funding it repeats for the second time that it seeks inflation moderately above 2 . This is a carbon copy of the last statement i counted seven words changed and none of them really substantial or meant to convey any particular meaning i think that reflects the big changes. Jim was saying last time exceeding the 2 inflation goal and theity si itdesire not to mo many waves while the country counts votes in this president ial election. The other dissenter did not attend the meeting due to the birth of his second child. Congratulations to Neal Kashkari absolutely. Well spend half an hour dissecting those seven words what do you think of jims point, which is the absence of stimulus may have put the fed even more under a spotlight to do even more absolutely. I think thats true. I think the fed will feel pressure to do more, but it creates an interesting quandary,
Biden exchange a week out from election day. Plexiglass barriers were going to separate the two rivals but were removed at the last minute as both tested negative for covid19. The coronavirus pandemic dominated the first part of the debate. Trump defended his handling of the crisis while biden criticized the president s response. This is a worldwide problem, but i have been congratulated by the heads of many countries on what we have been able to do with the if you take a look at what we have done in terms of goggles and masks and gowns and everything else. And in particular, ventilators. We are now making ventilators all over the world, thousands and thousands a month, distributing them all over the world. It will go away, and as i say, we are rounding the turn, we are rounding the corner, its going away. The expectation is that we will have another 200,000 americans dead by the time between now and the end of the year. If we just wore these masks, the president s own advisers have to