This is the cbs overnight news. Good evening. We begin tonight with millions of americans on the move. Ignoring warnings and pleas from Health Experts to stay home this thanksgiving. The consequences could be deadly. Take a look a this. This is the airport in tulsa, oklahoma, today. Its jammed with people. Its a similar story . Several cities at the same time, the covid outbreak uncontrolled. New cases saturday doing 181,000. Total cases in the u. S. , now, well over 12 million. The death toll more than 256,000. And despite hopeful news about break through vaccines and treatments. America appears to be facing its toughest test ahead. Lilia is leading us off. Reporter americans refusing to let the covid crisis ground then. Packing airports across the country despite the cdc warnings to take home. I get it, but its thanksgiving interest people wa thanksgiving but people want to be with their families. We have to understand that the house is on fire right now. Deaths are climbing and hosp
Use authorization its covid19 vaccine. You can see pfizer punching up about 1. 7 at the moment. Remember that were looking at a comeback perhaps late in the day, in the next 59 minutes, because that is the dow had fallen 430 points, now we are down just 116. Any gain for the s p, the russell or the transports means another record. Were not there yet right now. The nasdaq up 9 points. Fed chair Jerome Powell also giving markets a boost by calling on congress to get moving, already, on a new stimulus package. Former chair of the council of economic advisers under george w. Bush and now Columbia Business School emeritus dean, Glenn Hubbard is here on whether we need it, how big it should be and how worried he is about the precarious recovery. The ceos of facebook and twitter forced to run the Senate Judiciary committee gauntlet on capitol hill once again. One senator equating the social media sensations as quote, modern day robber barons. The ceo of whats being called the antifacebook is
Week and its not just the dow, this is the best week for the other two major averages as well in seven months. Now to the election of what we know as we come to you at 4 00 oclock in the afternoon on friday, we still cannot call the president ial race and four key battleground states, pennsylvania where we are is one of them, were watching nevada, georgia, north carolina, uc alaska is still not called but that is suspected to stand up in the president s call, if the other for we are watching, pennsylvania, the big headline from the state, former Vice President joe biden taken the lead earlier today as a mailin both cumin, he is up by more than 14000 votes, the same thing happened overnight in georgia, as we look at george of the biden lead has been smaller but he has taken the lead by 1500 votes. We will follow with throughout this hour as we have you covered on all fronts, we have fox Business Team coverage, jacqui thJackie Deangelis, hillary vaun with abiding campaign in delhi were p
Had yesterday. Heres a live shot of alcatraz was San Francisco behind it to just a little bit that was behaves there do want point out a little bit up north you might get a stray shower potentially were talking north of Sonoma County. Getting up there. It may drift a little bit to the south you might see some scattered clouds throughout the day but basically want to go with mostly sunny for much of the geography. Chilly 30s up there in the north bay again this morning, although not quite as bad as yesterday 35 up there to napa 36 santa rosa, 37 in 40s fell out much of the rest of the geography of the 37 Half Moon Bay at 11 00am were at 6068 by 2 oclock coming up a little bit were time out what you can expect into early next week marty sounds good dave get to the news this morning. We have the latest for you on the coronavirus pandemic that continues to surge across the country over the past week, the virus has claimed the lives of more than 1000 people a day. The u. S. Has recorded its
Workers of an annual cost of a billion dollars and thats why the stock is down. Down 1. 6 . Tesla, the stock thats going straight up and it has nothing to do with the virus. Tesla, 500 index meaning a lot of Money Managers have to buy the stock so up it goes and by the way the gain of 53 13 makes elon musk the third richest person in the world. Overall, the market is in a mild selloff mode. Dow jones closing and 29950. Its retreating a bit. S p down about 25, nasdaq a slight gain. A big tech is doing okay. We are in creeping lockdown mode and thats the problem for the markets as many states and cities imposing new restrictions as virus cases arise. Wear a mask in north dakota, utah. No Indoor Dining in california, michigan and in philadelphia, no indoor football watching parties. My opinion, thanksgiving next week, confrontation is coming. Who will enforce limits on your thanksgiving celebration . Where does president elect joe biden the stand, lockdown joe, where does he stand . Hes n