Under investigation. You can see that muni bus right there as well its not going anywhere so reportedly even though we dont see any significant damage to the muni bus it is somehow some way related to this accident perhaps the driver was a witness to all of this and thats why that muni buses still park eric as far as this scene here. We dont know when it will be cleared, but we do know when this. Happened 2 and a half hours ago, dozens of Police Officers obviously when it involves one of their own they rushed to help out. Reportedly there were a couple of dozen Police Officers on the scene but they have left here for the most part. Theyre waiting im sure for detectives to come here do measurements once the sun comes up then and only then well they clear the scene right now i dont see any ambulances i dont see anything urgent as far as needing help for any pedestrians or anybody inside the house and no tow trucks are on the scene yet so that tells me its going to be quite some time haig
1 10 of 1 . Minor gains for the australian and china markets for the shanghai composite. Situation with regards to the equity markets, what about some of the other Asset Classes and play . We can have a look at those. Take a look at the oil prices, retreating at the moment. You need currently, what, 41 essentially for a barrel of wti, 41. 09, moving to the downside. Stockpile to the upside. Gold not much of a haven, dollar index moving to the upside, the dollaryen currently stronger. It has been moving quite rapidly to the upside. . 11 currently for one greenback. The sec is pushing ahead with a plan that could see chinese come these kicked off of u. S. Exchanges. The intent to cap crackdown on companies that dont comply with rules that require an audit. That could hurt big names like alibaba and baidu. Tom, it looks like the sec is in a hurry. What is it proposing . Tom absolutely. The since we are getting as they are stepping up their preparations for this new Legal Framework that ag
Good morning it is 8 00 a. M. At tesla headquarters in palo alto, california it its 11 00 a. M. On wall street squawk alley is live good Tuesday Morning im jon fortt with Carl Quintanilla back again it is a busy day on wall street with the dow hitting an all time high making another run at 30 k. That comes as president elect joe biden is reporting tapping former fed chair janet yellen to run the treasury department. Tesla is continuing the record run now topping half a trillion dollars in market cap. Making elon musk the worlds second richest person on paper and apple making another concession, carl on App Store Fees a lot going on yeah. We talked about that early moving being the small crack that starts to widen as for tesla, i mean, whether its some of the reports about a hatch back in europe or longer range vehicles or just enthusiasm over the ev space as we gheet into a Biden Administration on top of the gm news yesterday, jon. So there is a lot happening in the ev space and then m
Given access to voting locations. A review of ballots counted while his team were not president. The president saying he would sue to prevent the election from being stolen. The u. S. Has officially left the Paris Climate Accord, even with the full Election Results still unclear. President trump initiating the process a year ago. The exit took effect wednesday. Trump would be likely to spend a second term promoting fossil fuels and rolling back environmental regulations. Joe biden will rejoin the Paris Agreement immediately if he wins. In the u. K. , the house of commons voted in favor for a new lockdown in england. That as reported Coronavirus Infections continue to search. All nonessential businesses, venues, and stores will close until the second of december. The u. K. Has europes highest number of deaths at more than 47,000. Boris johnson warned of a mortality on a previous scale. Thats a look at the first word headlines. No problem, equity markets are on the up. Asia tracking the
For a september quarter. There are also concerns about the ant ipo fallout. And america awaits the outcome of the president ial election, seven states now holding the keys to the white house. Wisconsin heads to a recount and others face challenges in court. Foropen here in sydney friday trading in asian markets, we have seen an eerie calm and trading across equity markets, and globally, on expectations that policy gridlock will me know extreme measures when it comes to the tax front being taken and more status quote when it comes to the visible markets. We are up. 2 when it comes to sydney, the in aussie dollar and commoditieslinked currencies it particularly well. We have the u. S. Dollar fall to its lowest in two years. The nikkei 225, we expect weakness going into the open but we have japanese stocks trading in the green every day of the week. Also watching the yen, but interestingly, as an election respirometer, we continue to watch price action in china as well as volatility in ch