The u. K. Government sets up discussions with industry as brexit disruption closes in. Negotiations with the eu are set to crash through an informal deadline this weekend. Good morning. Just over an hour to go until the start of cash equity trading. Let have a look at where we are on the futures picture. Futures in europe looked to be a little bit to the downside. Lets break into the futures to talk about whats going on with the u. K. Economy growing in the Third Quarter from the previous quarter. Growing by 1. 1 in the month of september. The estimate was 1. 5. We were hearing that from our colleagues moments ago. They were talking about the estimates for september and the First Quarter. The number i have penciled in from them was 1. 5 gain in gdp for september. It is a little bit below that. The broad theme is the same. That 1. 1 in september adding to strong rebound numbers earlier on in the Third Quarter. The Third Quarter comes up by 15. 5 . That could be a smashing of a record in
Im marcus washington. Meteorologist kari hall is tracking the forecast. What can we expect today . Its going to be a chilly morning, but overall a really nice and comfortable afternoon. We are starting out a little bit cooler today. Take some time to get out there and enjoy the fall colors because tomorrow well see the cold front arriving and some showers late tomorrow evening but the weekend is looking pretty nice once that rain moves out. So ill detail that with the timeline coming up in a few minutes. Mike, any issues for the Early Morning commute . You know, things changed, kari. I had an issue to report. I circled where the crash just was removed from northbound 101 at the old oakland off ramp and a live look shows you no problems through the area. Very light traffic flow. The circled area now is not the problem, its opposite the arrow. Southbound and we now have reports of a disabled vehicle. Ill check that and a new crash in san leandro, marcus. Two things to update. Back to you
Few smaller scattered crashes and well double check on the crash in san leandro coming up. Well check back with you. Thanks, mike. A live look at the white house this morning and we get to hear from the president on Election Results. But this morning, president elect joe biden is lining up his cabinet. The president , meanwhile, doing the exact opposite. Tracie potts live for us in washington. Tracie, growing concerns on what mr. Trump could be doing with the pentagon. Exactly. The changes at the pentagon some are concerned may also be related to his refusal to accept the Election Results and now National Security officials retired generals, retired Intelligence Experts and others are raising concerns, sounding the alarm about the impact of those changes. Mark me down as alarmed. Reporter military experts are concerned about President Trump replacing mark esper and other pentagon officials with loyalists. This is just a tantrum of a president trying to accommodate himself to the outcom
Transition naming a longtime democratic confidant as chief of staff. And the wait is officer as tas over as the masters tees off. This is worldwide exchange. Im all right be in worry about me, you got to give me a fight good morning, everybody, from wherever in the world did you may be watchings did you get the golf caddy shack reference there . I know it is early lets tee it right up and get to a check on the markets and your money. Futures are mixed, but they are turning around at this hour, you mostly get the overnight trade, but nasdaq futures did just turn in the green. No new records yesterday, the dow do do dow down you a bit on wednesday. Did that break the new record high but it was a big day in many ways otherwise and maybe a big sigh of relief for many tech investors as the nasdaq bounced back after a tough beginning to the week. Big gains on stocks that also had a tough start to the week. I just combined apple and amazon well call it amle here we go zoom, decrease could yoc
Minute. Veterans day yesterday in america with the bond market shut down. There is no other backstory in america right now than the pandemic. It has pushed everything aside, including this election. Francine i agree. We will have play more on that. Lets get straight to the bloomberg first word news. Here is rick a group to ritika gupta. Ritika the state of georgia will conduct a hand count a recount by hand. Joe biden leaves by leads by roughly 14,000 votes. The Trump Campaign alleged there were widespread election regulators, but there was no proof. President elect joe biden is naming longtime aide ron klain as white house chief of staff. Klain played a leading role during the economic and Public Health crises of the Obama Administration, leading the the job the job is one of the most powerful in washington. Dharna is set to take moderna is set to take a spotlight take the spotlight on a new coronavirus vaccine. It will allow a preliminary analysis of its effectiveness to begin. Moder