Investors are increasingly pinning their hopes to a virus recovery on the vaccine so modernas news is helping the market this monday morning. And its own stock, of course. The dow industrials, probably going to go up a few points, maybe 70. S p up about 12. The nasdaq, up 85 points. Green this monday morning. Next headline, gold. The price is now at an alltime high, closing in on 2,000 an ounce. A weak dollar plus the fear of a postvirus bout of inflation, plus the u. S. china escalation, all pushing the price to, what, 1956 per ounce as of right now. Were expecting the republicans to detail their trillion dollar stimulus plan perhaps today. 1200 checks, Liability Protection for business extended but reduced emergency unemployment bonuses. Larry kudlow on that later on todays program right here. Now, look at big tech. Top executives from four of them virtually testify to Congress Later this week. This is important. What are we going to do with the crown jewels of americas business . Ta
It was down by 100 points more than where it stands right now put it all in financial stocks when Elizabeth Warren was the nasdaq was off about 2. 5 Vice President i have been sceptical of the the shanghai composite rose more market as it is. Nonetheless, we have other news than 3 . Though to bring you this morning. We should probably get to it Central Banks held Interest Rates steady a transaction to talk about. Over the weekend regulators raised the limit on how much they can invest in Equity Assets in an effort to break longterm funds into the market and it i should say its according certainly worked at least for to the wall street journal today. Lets take a look at the it says the deal could be announced as soon as today treasury market back here in the United States. Right now i think the yield is the ebay unit similar to just around 0. 6 for the ten craigslist operates primarily and a lot of us dont know about year i dont know if you saw that story over the weekend it primarily i
Trevor noah. Trevor lets kick things off with some good news. Ill give you a home to remember what that is. When the coronavirus pandemic hit, scientists said it could be a year to 18 months before we got a vaccine, but just Like High School seniors on prom night, things are moving faster than expected. Encouraging news as several companies rush to develop a vaccine against the coronavirus. There are promising results in early trials of at least three potential vaccine. One developed by the university of oxford astrazeneca. Results say it is safe and produced an immune response in patients. Another in cansino biologics, is said to have presented i cant bodies in a month. Another pfizer and biontech. Trevor this is exciting. Not one, not two but three vaccines . And isnt the story of life . One moment you have too little, the next moment youre overwhelmed with options. Three vaccines . Which one do i choose . The chinese one, the oxford one. This is so hard. Can i get a scoop of each. Y
Results say it is safe and produced an immune response in patients. Another in cansino biologics, is said to have presented i cant bodies in a month. Another pfizer and biontech. Trevor this is exciting. Not one, not two but three vaccines . And isnt the story of life . One moment you have too little, the next moment youre overwhelmed with options. Three vaccines . Which one do i choose . The chinese one, the oxford one. This is so hard. Can i get a scoop of each. Yeah, a scoop of each. Part of me likes the fact they arent made in america. America is one country where people will let politics to stop them from getting the veeps. I dont want that trump vaccine. Im resisting a Biden Vaccine is a liberal trap. You think its a coincidence that coronavirus has the letters a, o and c in it . Now, as hopeful as this is i please remember there are a lot of steps between now and a full vaccine. I mean, need to finish the trials, they need to ramp up the vaccine production, plus they need to pro
Once you get used to the fog and the onshore wind, if you do not get it it is a huge difference. There is not much of a breeze, but there are cold temperatures near the coast. The city is at 52. That is to below average. It is hot inland. 100 degrees on the temperatures today. Theres a bigger fog bank. San Francisco Bay is that 51 degrees. That is cold water for this time of year. The fog comes flying down the coast. That is leaving the city below average. That is not something we say all the time, but when the 51 that make a lot of sense. Write about average for this sa 52 and sfo. 66 degrees in concord. Inland, it is going to be hot. 90s to 100 degrees. By the coast it is going to be cooler today. You do not have to go far to find heat. Lets get over to sal, lets see if there is anything new out there. Sir . We have better news on 580. We had a problem there. I will tell you about that in a second. I want to show you the bay bridge. You can see that traffic at the toll plaza is looki