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Transcripts For KGO ABC7 News 600AM 20240712

Reporter good morning. This morning millions of ballots are still being counted all across the country and it looks like this race is going to be decided in three key battleground states. Overnight former Vice President joe biden in wilmington, delaware, energizing a car rally of supporters. We believe were on track to win this election. Reporter biden performing as expected, as vote counts roll in across the country. It aint over until every vote is counted, every ballot is counted. Were feeling good about where we are. Reporter the former Vice President boosted by wins in Traditional Democratic strongholds, in the pacific west coast, taking california, oregon and washington. And in a surprise outcome, biden now leading in arizona. The state of florida has 29 electoral votes and it will go to donald trump. Reporter trump winning the biggest prize so far, taking all of floridas 29 electoral votes and performing well in rural areas. As votes are still being counted, trump in an Early Mo

Transcripts For BLOOMBERG Bloomberg Markets European Open 20240712

Onnce places restrictions more cities. Pedro sanchez calling an extraordinary meeting. House signals it is open to a comprehensive plan shifting its stance as a result. Pushed higher. Gorman goes hunting. Morgan stanley steals a 7 billion deal for the purchase of eaton vance. From our interview with the ceo itself. Himself. Lets look at what futures are doing. Green arrows. See, they are incredibly slight. Not even 0. 1 . The percent missed price indicating a higher open then futures are showing you right now. U. S. Futurest the after stimulus talk. It will more directly affect the u. S. Economy. Nasdaq, dow jones and futures up 0. 4. Breaking news coming through. Lets get to that. First on the macro front. The u. K. Economy, clocking in some growth figures looking to be much worse than the market anticipated. The u. K. Economy grew at 2. 1 in the month of august. The estimate was 4. 6 . We were expecting that rate of growth compared to previous months to come down. A bounce in june, t

Transcripts For BLOOMBERG Bloomberg Markets European Open 20240712

Not good enough, eu leaders are set to say no breakthrough in brexit talks. Boris johnsons thursday deadline for walking away approaches. Bank earnings turned sour, jp morgan and citigroup slide despite posting betterthanexpected trading revenues. Bank of america and Goldman Sachs are among firms reporting today. Clinical complications, eli lilly becomes the latest company to pause its covid19 drug trial. We will bring you our interview with rival Johnson Johnson. One hour until the start of cash equity trading across europe. Thats look at what is going on in terms of futures. We are seeing gains and European Equity Index Futures even after live trade. An you can see ftse futures up 0. 3 , and euro stocks and dax futures little changed. In terms of u. S. Futures, you can see on s p and Dow Jones Futures slight gains, a little more on s p. Nasdaq futures up 0. 3 . Anna, you have earnings out. Anna lets get the closing details, the business talking about the year but remaining cautious o

Transcripts For BLOOMBERG Bloomberg Daybreak Europe 20240712

U. S. Futures. We saw you choose drop immediately. Down 0. 9 . You can see the stock drop as concerns mount about the president and the first lady having covid19. This comes after a top aide that had traveled with him to cleveland and minnesota, hope picks. Hicks. She contracted covid19. The president and the first lady tested positive. You are seeing immediate Market Reaction. Joining me is the head of Investment Strategy. A lot to digest. We just learned this news. The president contracting covid19 to be this comes 32 days ahead of the election. It goes without saying we wish the president and his family and anyone that comes in the path of the virus well wishes. Howdy prepare for the risk of this event . Frameworke to have a of how things will work out over the next 612 months. , depending onerm, how far markets have come from since march. Fostering a trade war. All of that can potentially impact markets in the shortterm. Mediumterm, 612 months, we do think equities are going to be

Transcripts For KPIX KPIX 5 News At 11pm 20240712

We are on fire watch now at 11 00. Evacuations underway in the south bay as crews work to contain large grass fires. We are live from the fire lines. A rowdy crowd takes over an open fire truck as it tries to make its way to an emergency call. The moments caught on camera. The fourth of july turns deadly for a young boy in the bayview. Tonight, police are searching for the confronter a black why police are now involved her we start with the fire watch though now at 11 00 and streaming on cbsn bay area , i am brian heckman. I am juliette goodrich. The socalled cruise fire east of gilroy has now exploded to more than 1000 acres. In just a few hours with no signs of slowing down. The fire is now burning towards highway 152 threatening homes and forcing evacuations. Kpix 5s joe vazquez spoke to residents who say the wind changed things in a blink of an eye. Reporter juliet, you can see the bright orange glow in the hills behind me, it is lighting up the sky tonight. T eiurs now and se fire

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