Want action to stop the virus fallout. Nato calls for International Cohesion on security. Consumer Price Inflation breaking out of south korea. We are seeing month on month deceleration of. 1 . The deceleration, though, is easing from the previous month when we had been pulled down and undershooting Inflation Numbers because of subsidies from the government. Also we are seeing acceleration of 0. 6 when it comes to the euro. Slightly missing estimates, but when you seek out fresh food and look at the core cpi numbers, it is still growth of 1 . Of course, we still have some spare economic capacity in south korea, but remember the Third Quarter final gdp numbers actually beat expectations, and still, Inflation Numbers are very much away from that target coronavirus pandemic raging across the world. Haidi we have just had the beginning of the testimony of the rba governor, appearing before the Economics Committee today, so be watching out for some of those, particularly regarding news on t
To president elect biden Energy Continues a monster move higher the oil and gas etf up 13 in the last two days. Despite the steady increase in covid cases vaccine developments are continuing to help the likes of the airlines, cruise stocks, retail all surging higher today as we cross that 30,000 level once again, to check it we are still above it will we say that 59 minutes left to trade. 29 points above it. On todays show, two voices to help explain the dows record rise in just a few minutes Jeremy Siegel will join us and later Liz Ann Saunders plus former testry secretary jack lew will discuss president elect biden pick of janet yellen to lead his treasury administration. Lets get the latest from wall street mike santoli is tracking the action to led us to dow 30k. Certainly the story today because of that big round number i am going to keep it consistent, though, and take a fwlims at the s p 500. Similar look in every respect in terms of getting back up pretty much to an alltime hig
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
Im becky quick along with yoe kernen and Andrew Ross Sorkin. As joe mentioned, we are seeing green arrows today reversing a lot of the losses that we saw yesterday. Yesterday the dow was down by 317, this morning it picked up 272 points in the futures so far. Also the s p up by about 32 after it was country down by 1 yesterday. And nasdaq up by 95 this morning after it was down about 76 points yesterday yesterday was the worst day of the month, but there are crazy good numbers dow up by 10 for the honesty to da month to date and nasdaq is up 7 for the month of november so far too. Also lets take a look at the treasury market. The ten year note is sitting right at 0. 896 . So back below 0. 9 , we had flirted with the idea of seeing it finally hit 1 , but it is not there yet. Andrew thanks, becky as joe mentioned, president elect joe biden has nowofficially won the state of arizona, nbc making that call late last night. He is the first democrat to win in arizona since president clinton b
That is the shoes, right . The shoe extension . Francine i dont know if you can hear it, but it is a neighbors. It wont last very long. Hammeringtle bit of there. We welcome all of you here, to the realities of the pandemic. The pandemic is front and center, but there is a lot of other news. I would note pacific rim currencies continue strong. Francine they certainly do, and there is quite a lot going on also in pound talks, so lets not forget brexit and the u. K. E. U. Relationship. Les get to first word news with ritika gupta. Ritika the Trump Campaign is abandoning demands that almost 700,000 is withdrawing a key part of its lawsuit against the Election Results in pennsylvania. It is abandoning demands that almost 700,000 mailin ballots be thrown out because observers were kept too far away from the count. The challenge is now against a far smaller number of ballots, almost certainly just a fraction of bidens lead in the state. Joe biden is Meeting National security experts, but his