The top of joe bidens agenda. His relations with beijing may differ in tone from the president but perhaps not in substance. The best the dollar extends its decline. Over the future of the u. S. Administration. Rise inie and the kiwi early asia trading. We are seeing those commodities and currencies benefit. Asia is waking up and getting the for the first reaction to president elect joe biden. The nikkei 225 to the upside by 0. 3 . These watching some of clean energy as well as infrastructure related stocks here in australia and new zealand. Joe biden preparing to take office as the 46 president of the United States. He is moving forward as president elect launching his transition ever and preparing a plan to tackle the coronavirus however, President Trump still refusing to concede while weighing more legal challenges. Mr. Biden the people of this nation have spoken. They are delivered as a clear and convincing victory. We the people. I pledge to be a president who seeks not to divide
Thought to be controlled by the Peoples Liberation army. And policymakers seem less likely to go down that route decide besides providing support for a long time. Shery lets take a look at how we are setting up an asian markets. Looks like trending a bit lower in sydney. U. S. Stocks really doing pretty taking overrallies adding to concerns about tougher lockdown measures with the existence of an effective vaccine. Downside about a quarter of 1 and that market along with new zealand looking pretty overheated after the recent run of gains. Continuing to push back expectations for negative rates. Chicago futures moderately positive at the moment. The yen seeing a little bit of a gain but we have seen a new daily record for Coronavirus Infections in japan this week. Authorities hinting they could need to take stronger measures to halt the increase in the spread. S p acted futures up by. 2 sessione active cash sank as much as 1. 5 overnight. Shery lets turn to our top story President Trump
This is a fox business exclusive and we will ask him if electric vehicle drivers are also doing the diy. Ahead of the nfls first kickoff tomorrow night of the season, this long awaited season, theres a former disney executive who is about to show you his field of dreams plan for canton, ohio and the football hall of fame. Are you ready for the disneyland of football . Is nautilus stock the new peloton . And charlie breaks it on why jlo doesnt stand a chance at buying the mets. Lets start the claman countdown. Liz this is a fox Business Market alert. With the backdrop of a market rally, tiffany is bleeding red after french luxury powerhouse lvmh said it cannot go through with its 16 billion acquisition of the american jeweler because the deal is getting mired in trade disputes. Yes, between france, the european union, and the United States. Tiffany is tanking, down 6 . Its filed a lawsuit to enforce the deal. Lvmh for its part is up half a percent. We have to show you shares of slack, a
In the progress here. But take a look at these wind speeds around fairfield we are already seeing gusts at 30 miles an hour and the high winds will be the issue as we go into today as our temperatures once again stay pretty hot reaching into the 90s and up to 103 degrees today. Ill continue to monitor this and well talk about the fire danger as well. Mike, youve been watching the roads. How is it looking . Its looking great right now, kari. Things are moving smoothly on the freeways despite a crash. Well take you out. Green sensors and the crash approaching the benicia breaks affects industrial, the off ramp, but not the freeway heading to 780 and the bridge itself. A live look at the palo alto shows you the span through 101 on the peninsula. A smooth, easy drive. You see the taillights, no problems there. There may be a crew further north. Back to you. Thank you, mike. Now to our breaking news and whats already a record year for wildfires. Across the state 2 million acres have burned
Theyre working to get prepared but its iced today because, for the shutoffs by helping others. Kari, i just couldnt even fathom the thought of drinking hot coffee. We have so many elderly people in here that we have to well, its still going to be hot throughout today, and well look after because a lot of them also have a gusty wind. Dont drive. They dont get out of their we are going to have some houses. We have to help them. Slightly cooler tthe forecast. Lets talk about this red flg warning that we have in effect for all of our bay area hills. Reporter pg e expecting nearly 23,000 customers in napa elevations above 1,000 feet will have the highest wind gusts today. A lot of us in the valleys wont and sonoma counsties to be feel as much of the wind but the impacted. High fire danger continues as we in all 22 counselees ties will get hot weather. Temperatures over 100 degrees in experience shutoffs because of dry conditions and that wind parts of the east bay, the south that is expecte