We have foxbusiness Team Coverage with blake burman at the white house. President elect bidens transition. Gerri willis standing by but we begin with jackie deangelis. Good afternoon. Good afternoon. History is being made right before our eyes. Dow about 30,000. I think is interesting today, not just the dow but look at the s p 500 on a percentage basis of a little bit more and even the dow industrial. 500 is broader than the dow 30. You can see this was a big broadbased rally across the board. I think that is important. Look at the dow winners because it gives you the sectors, energy is moving today, we see the financials moving higher today. Walt disney is a big winner today but it wasnt just stocks, it was oil as well. Over 45 a barrel, disclosing under that level and it took the Energy Stocks up because the investors are basically betting on recovery for the economy and that means more demand for oil and that means these companies will do better. Having said that, lets take a pause
Get into that phil flynn, the senior analyst, Fox News Contributor as you know, adam joined us from agoura financial, jackie deangelis, we will be going through these numbers and sectors as you keep looking at this but alan, looking at it and i want to tip my hat to you because in the middle of this down graph when people were looking for barrels to go over with you said wait a minute, this is not as bad as it looks and sure enough you were proven right, going back to last march and where we are now, what can you do for an encore . Obviously we saw the market snapback as we seen every time in history, we are in a bull market, everything the market has thrown at it its been able to bounce back and bounce back the difference of a selloff, that is a lot higher move, you talk about the 10000point drop in the dow, that pretends 40000, that may seemed like a Staggering Number but its 30 above where we are now and lets remember the dow is 65 off the lows, there is upside left and until the dy
Lawmakers. Those leaders there, the three Biggest Tech Companies in the world are appearing virtually will congress. They agreed to appear remotely after being threatened with subpoenas. Republicans accuse the Tech Companies of deliberately suppressing conservative religious and antiabortion views. Candidates on both sides continue to use our platforms to reach voters. People are rightly focused on the role that Technology Companies play in our elections. Im proud of the work we have done to support our democracy. As we think about enforcement, we consider severity of potential offline harm and we act as quickly as we can. We have taken acti ioion agains tweets from World Leaders all around the world. Last week the Justice Department sued google and the governments most significant antitrust lawsuit suing since microsoft in the 2000s. Three more base area counties are loosening their covid19 restrictions. Nbc bay area rob redell is live in san mateo company. Good for the restaurants an
Degrees in martinez. Napa will reach 80 degrees and 78 degrees in palo alto and in san jose. Were going to talk more about whats ahead in the forecast coming up. Vianey, how is it looking now for the commute . Speed sensors looking good. No slowdowns, no major traffic areas. Lets zoom in on areas including our bridges, the san mateo bridge looking good there. The dumbarton bridge you can see whether youre traveling into union city or into palo alto you have no worries there. Another update, hopefully nonaccident report, coming up. With just six days to go until the Election Voter enthusiasm is sky high. More than 61 million americans have already cast their ballots. Thats about half in the 2015 election. President trump and joe biden back on the campaign trail again today looking west for support. Today in the bays tracie potts joins us live from washington this morning with more. Tracie, were coming down to the wire. Reporter hi, laura and marcus. Good morning, everyone. So a couple o
Well get to that in a bit. First talk about the forecast. Meteorologist kari hall, it looks nice and cool in downtown san jose. Yeah, weve had a very chilly start and were going to see mornings like this for the next several days. Also warming up for the afternoon so a cool start, a warm afternoon and nice weather continuing into the week as we get ready for halloween. Lets check out todays high temperatures as we reach in some spots the low 80s like morgan hill. Clear like, 81. 78 in san jose. A look ahead coming up in a few minutes. How is it looking getting out the door, vianey . Still looking good. One thing i did notice as we usually see right around the 6 00 hour is the increase in traffic flow. Im starting to notice some slowing in the fremont area. Not because of accidents. I think its because more people are hitting the roads. Also slower now westbound 80 to the bay bridge about 12 minutes. Ill have a look at the rest of the bay area. Back to you. Thanks, vianey. Now to decisi