Astrazeneca is to resume vaccine trials. Virus numbers rise but travelers defy warnings to stay home. Imports of u. S. Goods closed slowed last month. David amidst all of that and a overnighthat markets we are getting futures coming online in about 60 minutes. Been a veryt has good past two weeks for global equities. The nikkei 225 flirting with 27,000. Kiwi dollar has been standing on the platform. They are not getting a lot of action. It has been about a weak dollar. About vaccineing reflation trade. Astrazeneca will run another global trial. Amid questions about the program and the level of protection. Initial test claims varying degrees of efficacy, sometimes as high as 90 . Our Deputy Managing Editor has the story. We have been asking a lot of the experts whether they can explain the gap between efficacy depending on the number of doses. No one has managed to come up with much of a thesis. Is that why there saying more trials are needed . Is that why they are saying more trials ar
They are telling people to avoid that area. Twoalarm fire that we are monitoring. Thick smoke active right now. We will continue to follow that and bring you the updates as we get them. Good morning. Thank you for joining us. Im marcus washington. The other big story. We are closely monitoring the guidance from the state this morning. Its been nearly 24 hours since governor gavin newsom announced new possible rollbacks. The number of available icu beds are dangerously low. A new statewide stayathome order could take effect. Bob redell is live for us in livermore. I know it looks like Alameda County could pull the trigger ahead of the order on the rest of the bay area. Reporter correct. Even though icu bed capacity here in Alameda County at 30 , the Health Department says it might order new shelterinplace order preemptively to preserve that capacity and to save lives. If and when this order goes into effect it will last three weeks and among other things would shut down indoor and Outdo
A stalled vehicle on the ramp on first street to get on to 880 on the northbound lane so that might be something that may be a traffic hazard but aside from that were doing okay on that end. East bay drive times looking good. Northbound 880 from marina to broadway only nine minutes. Westbound 580 from estudillo avenue and from fish ranch road to the bay bridge only seven minutes. Ill have another update. Back to you. Sounds good. Thanks so much. With covid cases surging the bay area is on the verge of a new stayathome order. While some states launched new efforts to stop the spread, president elect biden is outlining how hell fight coronavirus. We have live team coverage. Today in the bays bob redell is following statewide restrictions. First, tracie potts is outlining the plan from the biden team and, tracie, what is Vice President elect harris saying about young people even returning to the classroom . Reporter she says they need to do it but they need to do it safely. Its part of wh
Another chilly start and its clear. Were not seeing the patchy dense fog throughout the week so we are starting out with a clear commute for you but look at these numbers. In the east bay were in the upper 30s in the next hour and then well see our temperatures gradually warming up, a lot of sunshine and it will be a nice day, our highs reaching into the mid to upper 60s this afternoon. There are some things im concerned about in the forecast. Ill talk about that coming up in a few minutes. Vianey, how are you looking what are you seeing right now as you look at the commute . Well, as we start to get into that heavy traffic hour of the day which is near the 6 00 a. M. Hour, we are getting reports of a new crash along highway 17, right after the alma bridge. The slow lane is blocked because of a crash. Anytime there is a crash that is blocking any of the delays it can cause heavy delays. If that is part of your morning commute drive times coming up in a few minute. The governor warning
For a supercharged economy next year if we get a stimulus package. Traders are already betting on vaccine hopes. Joe, the u. S. Stock market had one of its best months in november. The s p 500 surging 11 . It feels like we are on this track to keep on hitting these lofty highs. Joe it is really extraordinary because yesterday we talked about november was an incredible month. Lots of followthrough. You e th indices in the green today. Once again, we see this speculative exuberance starting to build up. Look at this coal volume. Absolutely surging. If you look at anything today that was back to normalish, it was all highs. Chart of pull up a nordstrom are macys, romaine blackberry shares. [laughter] it is like a blast from the past. Joe anything that was old or forgotten about, it was hot today. Feels like that exuberance is starting to build. Romaine you are seeing investors come off the sidelines. Take a look at the vix because i do not know if it i do not know if the signal is. Some p