Thats due to more restrictive measures being instituted in california and other states to help stem the growing tide of covid19 cases. Today, the cdc announced its recommending against travel for the holiday. Ktvu southbound reporter jesse gary picks it up from there. Reporter with a week before thanksgiving, air travel is light at Oakland International and other bay area airports. We just wanted to break it up, so that we werent traveling with a bunch of other people. A little bit easier the week before. Reporter this as officials at Mineta San Jose International airport say travel during the 11 day thanksgiving holiday period is scheduled to be 1 5th less than it was the year before. This is the simply the fastest increase california has seen since the beginning of this pandemic. Reporter newsom says 94 of the states population is now in the purple tier, including six bay area counties. As a result, Officials Say people should forego gatherings with families and friendes this year. J
Delays from washington from the trade deal to the stimulus negotiations, deadlines and expectations being pushed back the weve got 59 minutes left to go in the trading week s p 500, 16 points from a record close. Down right now, jon. Still higher on the week everyone except the nasdaq great to be with you this afternoon. We have a big show coming up to finish out the week. Were going to speak with minneapolis fed fred neel sakashkari and later, as stimulus talks grind to a halt, well speak with Maxine Waters about whether there is any compromise to be had. Plus, shell discuss a new bill encouraging the fed to use authority to close the racial wage gap in this country mike santoli is tracking the Market Action. Start us off on the broader market. You can call it resilient or fatigue or really anything a standoff here at the record high levels of the s p 500. The past four days have basic clind of touched it or been shouting distance of it. The were just hovering there. Up 3 or so month
Rewards. All indices are higher in terms of the s p and dow. The nasdaq has turned lower in the last 30 minutes. Vix at 24. The euro continues to drive higher. 1. 1518. Strength after they managed to pass some grants and lowinterest loans to aid everybody. Of crude oil, Summer Travel season is in full swing as coronavirus cases pop up in cities across the country. Many are rethinking a potential comeback in the hotel and leisure sectors. Adam portnoy, is ceo of rmr group. Us,last time you were with it was toward the beginning of the outbreak in the northeast, at least the beginning of what we knew the outbreak would be serious. You were collecting commercial rents at a rate back then that surprised you. Beet been instance i since . Time wence the last talked, in terms of Economic Activity in our portfolio, we have over 2000 Properties Across the u. S. We touch every type of commercial real estate sector. As a result, we have a really good sense of what is going on in the economy on a d
A heat advisory kicks in at 11 am today through 7 pm not just today but through thursday for most of the bay area except the coast and shoreline under a heat advisory. Also a spare the air alert for today with the airquality unhealthy for sensitive groups. I will have more on how hot it will get where you live coming up. We are following breaking news from overnight. To people were injured in a crash just before midnight. This happen on highway 84 east of 680. A car and pickup truck collided head on. The Fire Department had to extract a person. Two were taken to the hospital. The cause of the crash is under investigation. Also, an investigation in south san jose after two were shot. They were in the hospital. Before 1 30 a person was found on the shoulder of 101. That person they think was on the way to the hospital. Another shooting victim walked in with a gunshot wound just before 2 cls may ve pp in the same place er t confirmed that detail. Back to you. Looking at a live at Fisherma
They come. Checking out the 10year, weve been around the same level yesterday we were at 0. 75 this morning, it looks like the 10year is yielding. 69 saying the Global Oil Demand will fall by 9. 3 billion a day erasing almost a decade of growth down about 2. 25 baushing it back to 19. 65 a barrel dr. Scott gottlieb, chairman of cbs health, fanatics executive chair. Chief Investment Officer and more coming up in the next three hours. Joe . Becky, you remember United Health care is a dow component we always say, thats right. Thats right you notice the dow is down around 370 or so maybe repairing partly due to United Health care the Company Reported an adjusted 3. 72 for the First Quarter. Nine cents above estimates the company said it is keeping its prior 2020 full year guidance said it would continue to evaluate the ongoing impact. You can see up about five points or so. Ee quaids to the improvements we see. Well hear from bank america and other companies. We are in earnings season now.