Surging as the u. S. Rounds the corner on a vaccine. But how exactly will a vaccine work well speak to stanford medical dean, dr. Lloyd minor. Power lunch starts right now thank you, ty. Welcome to power lunch, everybody. Im kelly evans. Tech is the best performing sector today, up 2. 5 as it regains some ground it lost over the past several sessions. Take a look at big cap tech name apple, microsoft, amazon and facebook all higher today. You can see amazon and microsoft up about 3 . Flipside of the coin, Energy Stocks are lower the Energy Sector etf, exl up 14 . Taking a breather today. And despite all the volatility, the s p is up a whopping 9 to kick off november. Wow. Dom chu has more. We have talked about this rotation, whether its a great rotation, whether its a microrotation into some value type sectors like energy, industrials. We have some massive moves on some of the most beaten up stocks in the s p. This righthand side, this move higher than been led by many of those deeply
Almost a 109,000 every day covid related deaths are up 18 over the same time span averaging 939 per day over the last 2 weeks. The virus has killed more than 237,000 americans. To the south bay now officials are warning of a possible return to tighter Health Orders in the wake of the surge in new covid19 cases. Santa clara countys Public Health officer and other officials calling on the community to stay on guard against the virus. 358 new covid19 cases reported yesterday. It is the most since the middle of july. Theres also been a sharp increase in hospitalizations to more than a 100. The newest infections are mostly in people between the ages of 1834 years old the county is stepping up enforcement of the health order and so far 79 businesses have received notices for noncompliance amid more than 1000 complaints state leaders are already gearing up to work with the president and Vice President elect joe biden and kamala harris. Although President Trump has yet to concede in the presid
Fours tapers actually chris sacchi rather she talked to a doctor at u c s f and she has concerning the weekend celebrations in how people were affected by that taylor. Can begin theres no doubt about it its definitely concerning to see an increase in those daily cases, but the good thing well if you want to even call it that, but the important thing to know is that San Francisco is in seeing an increase in hospitalizations that will be important because we typically see those hospitalizations increased as cases increase. So of course experts are now warning people to stay vigilant and to not get too comfortable, especially as the temperatures drop. Like many other bay area cities, San Francisco is also seeing a rise in coronavirus cases recording more than a 100 new daily cases over the past few days. Experts like doctor, peter chin, hong at ucsf say this is happening for several reasons people are getting comfortable and probably having more small gatherings and more people are also t
Ucsf believe this is for 3 reasons the first is were only as good as whats around us so if we saw in the country the rest of the country is on fire is like excluding with covid. And so is this because of the hot even with reduce travel, there are people going back and forth second. He says people are getting more comfortable lax in their precautions and probably having more small gatherings number 3 is its getting cold. So we know that these respiratory viruses love call not only because temperature aspect they survived betting cool but michael does is it brings people together you are if you go more likely going to meet somebody and then endure, setting versus outdoors. Something that doctor chan hong is more worried about after seeing celebrations on saturday once a president elect was announced while hundreds of people flooded castro street. Vast majority were Wearing Masks you may remember when we had black lives matter protests. People were also wearing their masks and the city di
Nominee joe biden offering more policy, less shouting, kicking the night off with different visions on how to respond to the coronavirus pandemic. Pres. Trump we are learning to live with it. We have no choice. We cant lock ourselves up in a basement like joe does. Mr. Biden he says we are learning to live with it. People are leaning to die with it. You also set a vaccine will be coming within weeks. Is that a guarantee . Pres. Trump no, it is not a guarantee, but it will be by the end of the year. Notbiden anyone who is taking control, who says i take no responsibility, anyone responsible for that many deaths should not remain president of the United States of america. Chiefbloombergs washington correspondent Kevin Cirilli joins us from nashville. What is the rhetoric on the ground . How to the markets need to Pay Attention to it . Kevin first things first, i think it was a shift in tone from President Trump, and that really provided him an opportunity to try to make direct appeal to