Hearing. Futures this morning look like this, markets fractionally moving this morning, they are in the red on fears of a new coronavirus wave. Dow industrials down 17, nasdaq down 23 and s p 500 not too far from where it closed yesterday, down just about 2 points. Despite positive talks on a new round of stimulus. It is he departure from yesterday, markets were boosted by energy, technology and financials. This morning, we are seeing reversal after four weeks straight of losses, the dow industrials yesterday were up 410 points, nasdaq up 203 and s p higher by 53. California wildfires turned deadly as more than 50,000 people are forced to evacuate their homes and wine country has been ravaged by the flames. We will take you there live. And hitting the brakes, the epa questions californias new plan to ban gas powered cars by 2035. Why it may not be legal at all. Plus, a skeleton of fun, this gigantic halloween decoration making the buzz this morning. Wait until you hear the price tag. M
Americans along the gulf coast to expect extreme, life threatening and historic flooding in the next 24 hours. As Hurricane Sally turns just sowings of alabama, forecasters say the storm could dump several feet of rain when it roars ashore near mobile bay tomorrow morning trapping people under sixfoot storm surge. As we come on the air, the outer bands of sally are lashing the coast and could spin off tornadoes later tonight. Sally is proving to be a challenge to predict, changing her speed and intensity several times over the past 24 hours, and tonight, forecasters are warning she could have more theres a lot of new reporting and the latest forecast to get to tonight. Weve got our team of correspondents standing by. Cbs David Begnaud is going to lead off our coverage in Pensacola Beach, florida. Good evening, david. Reporter good evening, norah. Storm surge from the gulf of mexico is pushing the coast into Pensacola Beach where the flooding has already begun. The storm is 500 miles wi
Markets this morning are lower. Mixed picture at the start of trading, dow industrials down 68 points. Nasdaq up 30 and the markets were able to cut losses almost by half. Dow, s p 500 are on track for winning week despite 140 points lower for the white house. Battle for the white house goes prime time. Biden breaking down the election as scranton versus park avenue. Power panel hour. Cohost of the 5, Juan Williams is here and joe concha to tackle what is going on and backlash of facebook spying on instagram users tapping into your phone camera. Mornings with maria is live right now. Global markets this morning look like this. European indices are mix. Cac lower by 15. We did get positive news on the brexit front. European Commission President saying shes convinced a deal is possible following a round of informal talks in europe. Take a look at indices. You will see the shanghai composite was up better than 2 . Some op the top stories that we are watching this morning. President trump
Nasdaq futures once again up 45 points. The momentum continues for tech. S p 50 down just a fraction after markets rebound yesterday with nasdaq ending the day at another alltime high. This is the fourth record high in the last 5 sessions for the nasdaq with gain of 118 points. The United Airlines could be cutting half of its workforce, half of employees. 2020 presumptive nominee joe biden said to announce economic plan today as Goldman Sachs warning of possible delay of Election Results that could slam markets, all expectations coming up. Plus push to Defund Police, biden says some funding should be redirected from Law Enforcement. Big cities seeing surge in Police Retirements as crime soars across the country, mornings with maria is live right now. Maria Global Markets look like this, the cac quarante is up 5 and dax index in germany higher by 152 points, one and a quarter percent. The government takes action to support an economic recovery with stimulus. In asia overnight green acro
This coming out of china this morning. The Unemployment Rates surge to 6. 2 in china, and bank of japan is boosting stimulus this morning doubling stocks purchases. They are buy equities at the bank of japan because yield and tenure fall this morning. Were down 18 basis is point on the tenure at. 800 . Over this 200 coronavirus cases now here in america. West virginia, the only state with no known cases. More school ises are closing major restrictions are being put on businesses and travel. The cdc urging no gatherings of more than 50 people. Vaccine trials meanwhile are starting today. That is one certainly note of optimism. Trump declared National Emergency urging americans against hoarding as Grocery Store is shelveses are emptying out. The president taking part in a Video Conference of with g7 lead percent today to coordinate a response to the coronavirus pandemic. Meanwhile this, senate is expected to vote in coronavirus release bill today. They were there late until 1 a. M. Frida