More details and make sure to follow us on your favorite social media platforms im down of quarter thanks for watching. The flu season is well underway i got my shot have you gotten yours dr phil she warns that we are in the middle of an historic pandemic that severely is involving the United States of america is the country which is the most severely hit and were not through with it yet in fact there is considerable concern as we enter the fall and the winter months and into the flu season that will have that dreaded overlap of 2 respiratory borne diseases namely influenza and covert 19 yet according to a recent National Poll one in 3 parents plan to skip flu shots for their kids concluding that even during the pandemic some parents dont see the flu vaccine as more urgent or unnecessary this heightens concern about how the onset of flu season may compound challenges in manning cold. 19 the uptick in home schooling is just one example of prudent parents keeping kids safe so marlo dalto
Busiest day of earnings season and as we await a vaccine, more positive news from one drug maker about a possible treatment. You are watching Worldwide Exchange here on cnbc good morning, im dominic chu in for Brian Sullivan. We begin with stock futures pointing to a possible turnaround with the dow kit e indicated high, 175 to the up side, s p up by 27 and nasdaq up by 125 the dow and s p are coming off their first single day performances since june 11 the blue chip index seeing its fourth done day wn kaday in a re late february. Since the selling began on friday, the dow has shed a total of 1843 points, roughly 6. 5 it is on pace for its worst monthly performance since march. And it wasnt just the dow Big Technology also taking it on the chin over the past couple of days take a look at facebook, alphab alphabet, apple, tesla, and more together losing some 270 billion in market value just since tuesday alone. All of this coming as the u. S. Reporting its highest number of coronavirus
Is no existence, a marine layer anywhere across the bay, it is Crystal Clear as offshore winds begin to kick up pushing any chance of fog are moist air. Well offshore red flag warnings as i mentioned are already in effect for upper elevations of the Santa Cruz Mountains all of the inland east bay and almost all of the north bay until you had a right to the immediate coastline. Now these will be in effect from friday this or wednesday this morning through friday morning at 11 00am winds gusting as high as 45 Miles Per Hour which is the additional factor here on top of the already dry and warm weather weve seen this week that is sparking up this potential of a fastspreading wildfire. Now winds are already breezy this morning but by no means at our wind is just yet. Winds about 10 Miles Per Hour for much of the north bay at this point well continue to pick up into the afternoon by 03 30pm Vacaville Atlas peak looking at winds gusting from 20 to 30 Miles Per Hour peak, wind gusts and early
Earnings which will include some hightech bellwether names later in the week. We have apple shares, they lost their opening pop despite top apple analysts saying first day iphone 12 preorders surpassed last years numbers for the iphone 11. That bodes well for the mini and pro max, who Iphone Models that have not taken preorders and ship four weeks from today a couple more big q4 products, the xbox series x and the Sony Playstation 5 will hit shelves verizon and at t this week morelikely with 5g comments Texas Instruments and intel all reporting. Mike santoli joins us now with more well get more of a Critical Mass of earnings hitting the tape the question is is the street going to be more impressed this week than last week in the opening rounds we had an 81 beat rate by the companies that reported last week yet the average stock move buzz down more than 1. 5 in the one day after those results. It suggests perhaps that a lot of investors would think a big beat rate was in the bag for thi
High end model with the biggest screen yet but shares are slipping after yesterdays big gains. Banks but are in the red a busy afternoon 59 minutes left of trade the dow down 157 or so. Lets get to the big stories. Josh lip ton has the latest from today as apple each. We have the latest on eli lily and we have the Broader Market action josh, apples shares are slipping today, but still higher so far for the week. Wilf, apple bulls will argue what you saw today is the start of a new iphone super cycle. We have to wait and see whether consumers though are just as excited. Tim cook introducing the companys first new 5genabled iphone, the iphone 12. It will be available in four versions, different sizes starting at 699 for the mini, which has a 5. 4 inch display to the max, which has a 6. 7 inch display and costs 1,09 9. The transition from 4g to 5g is complex. Some argue 5g coverage is spotty right now. Though it could act as a catalyst helping to bring the technology to the mainstream won