Last wednesday. Look at Contra Costa County. This shows cases steadily climbing and peaking over the last few days. You can see it hit 101 one of those days. Despite these numbers the county prepares to reopen higher risk businesses including gyms, nail salons and bars next week. We are outside a nursing home in concord that has recorded 15 deaths so far. Reporter state Public Health reports showed that 75 people were infected here at san miguel villa in concord. And 14 patients died along with one worker. We dont know when the deaths occurred but Health Officials say most of the downs recent deaths have happened at Long Term Care facilities. Statement, the higher number of cases appears to be coming from younger respects. And all of it as the county continues to reopen n. A week, gym, nail salons and bars in Contra Costa County will have the green light to reopen, all with strict precautions to lower risk but as cases surge some residents question if the county is ready. Maybe they sh
Others warnings of continued outbreak headwinds plus mobile merger revision, why softbank is cutting its stake in the Overall Company that will be created between sprint and tmobile, and why its so much more likely to happen and shares of deere are up, reporting abunexpected rise in profits, shows an early sign of stabilization for the farm sector coronavirus worries putting stocks on track for a negative week theres a spike in new cases both in and outside of china you got cocacola joining the list of Companies Impacted by the outbreak, saying it expects it will cut quarter earnings by one to two cents a share they coupled that with a 2. 5 div hike and we heard from lulu, daimler and others as the list is getting longer and will get longer from here one of the things people took the cue was from proctor said it was going to hurt us, the stock was up and climbed form the rest of the sector. Why dont we tell the truth . A little too premature, they all presume it will be solved within a
Sterling down 7 10 of 1 to. A breakthrough in brexit talks. , sterling down and the ftse is that what european markets are rising today with the u. K. 10 year yield up for basis points today and commodities. Economy andcovering profits helped 41 billion in stock rises into its stocks this year, compared to 591 million for u. S. Funds and returns have lagged the u. S. Markets once again. , the u. S. Rd pe basis is the most expensive versus europe in 10 years. Analysts say that it is not clear what europe is all that she earnings estimates need to rise for u. S. Companies because of tax cuts, the u. S. Looks better to ask. Better to us. This is the yield difference room between germany and italy yield differential between germany and italy. The dutchassing of and french elections, without political upsets, the risk is that investors wrote too complacent about the next political worried in the region, italy, they select before may and the antiestablishment fivestar movement currently lead
Good morning glad youre with us. Lets take you to the markets. The stoxx 600 roughly one hour into the trading session, its slightly underwater. Off by just a smidge, to the tune of 0. 1 seems like were treading water ahead of that fed meeting where we expect the first clues when it comes to the reduction of the Balance Sheet. We have financials doing better today when it comes to the sectors. Before we get to those sectors, let me show you the indices one by one the ftse 100 is up by 0. 1 this is an inverse movement to what the currency is doing well get to the currency in a second we had quite a roller coaster ride for pound sterling over the last couple of days in response to the hawkishness, the dialing back of the hawkishness coming from mr. Carney. The xetra dax is up by 0. 1 . The cac 40 is off by 3. 5 points. Now we talk about the sectors. There you go you have autos, oil, gas, banks, some finals doing better in anticipation of more tightening by the Central Banks food and beve
Us who say there are still stocks worth buying at these levels. Well tell you which ones coming up. The dow is up nearly 9 . The russell up nearly 15 . These are the kinds of numbers that make for a great year. With the feds decision tomorrow we look at whether investors are paying more attention. By the way, in case you havent heard the ceo of exxon mobil has been chosen by donald trump as next secretary of state. We are wondering what that move could mean for the future of the oil giant coming up later this hour. Lets start with dows run at 20,000 and nasdaqs push into record territory. Bob pisani is tracking action on the floor of the Stock Exchange and Courtney Reagan is at the Nasdaq Market site for us. Talking about this rotation. November industrials, materials and banks giving way now to new sectors of the company like consumer names. There is nike up nearly 2 . Didnt have a great november but doing pretty well now. Drug stocks, swing around to the right and let me show you her