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
Covid infections. More than 187,000. As the new surge grinds on, we are closer to a vaccine that could end the outbreak. Pfizer announced it asked for emergency use approval of the vaccine candidate which the company says is 95 effective in large scale trials. We hope that they will review the data and give us the green light so we can start distributing the vaccine. Reporter moderna is expected to send data to the fda later this month. Astrazenica says it is showing strong immune responses in older adults. No corners were cut in the rush to production. The process of the speed did not compromise at all safety, nor did it compromise scientific integrity. Reporter states are puttinger restrictions in place as they try to slow the spread cdc recommends against traveling. The best way to stay safe is to stay at home. Covid19 sites are struggling to keep up with demand. We have seen long lines. In los angeles lines around the building. Five people are recovering from minor injuries after a
And beautiful. But earlier today we did have some street flooding from the rain. These storms swept into San Francisco during the morning commute. Vehicles traveling along scott went through the standing water. This is a recording problem here according to the neighbors. 20 years ago they have done some work on these grades and they have not worked since. I live here and this is my garage. Water gets too high and it floods my garage. So when that happens i clean out the group i mean i clean out the drain. Reporter utility crews were scrambling throughout the city tried to clean up after this wave of storms. They put down these prestaged flood barriers. At this point they say that the preparations paid off. We were very strategic in the lowlying areas and communities. We wanted to take care of all that debris and hopefully it will be paying off. Reporter even with preparation there was only so much water that the city could take. This is south of Golden Gate Park where the road was clos
And coming up. Two of the biggest youtube stars face off in what could be one of the most watched boxing matches of the year. Hello and welcome to world news today. Special events have been taking place in germany to mark 30 years since the fall of the berlin wall. It was a symbolic moment that marked the beginning of the end of the cold war. The wall itself stood for 28 years, dividing families, friends and threatening nuclear war. Earlier, german chancellor Angela Merkel placed a candle at the berlin wall memorial and warned people not to take democracy for granted. This evening saw a party at the brandenburg gate. Amongst the highlights was a concert featuring the Staatskapelle Berlin orchestra. To round the evening off was a firework display, as germany remembered a key date in its modern history a moment that led to reunification. Jenny hill reports from berlin. Berlins getting ready to party. Celebrations to mark a moment which shaped the world as we know it today. Cornelia was 1
First here is what is new at this hour. Melissa florida homecoming. President trump just departing the white house, making his way to the Sunshine State ahead of a rally tonight. The commanderinchief will campaign in the key battleground state, announcing he will officially move his residency to palm beach from manhattan. That sounds pretty good to me. Were breaking down the key difference in the president s Campaign Strategy the second time around. Back on the campaign trail, Michael Bloomberg is speaking to reporters in phoenix. Were monitoring the former new york city mayors remarks. Well bring you any breaking headlines. Brutal weather threatening 100 million americans. How storms are expected to impact thanksgiving travel as you get ready to hit the road or the skies for the holiday weekend. Ashley look forward to that. Fox Business Team coverage from with washington to wall street. Gerri willis live from the new york stock exchange. Blake burman from the white house with trade. G