Continues to report a record daily number of infections a defined refused to concede defeat and is preparing for a series of legal fights to contest the outcome of tuesdays vote former president george w. Bush has become the 1st high profile republican leader to openly congratulate biden for his victory. Has a White House Correspondent kim to help get the legal challenges will continue in fact the u. S. President wants to remind it was tweeting today that joe biden will claiming victory is the projected winner by a number of Media Outlets on twitter he said when does the lame stream media as he calls it call who our next president will be so until that vote is official and certified in mid december the True Campaign believes it has a window of opportunity so it is continuing to receive funds soliciting funds in order to finance these legal challenges that are taking place across many states. A more well laid as a congratulating biden and come on though when trumps allies israeli Prime
Focusing on rushing through a nominee to the United States Supreme Court rather than doing everything we can to work across the aisle to craft a solution. To the problems, the crises facing our nation. Tens of millions of americans, unemployed. Hundreds of thousands of businesses permanentlylo closed. Schools all over the country either not yet open or just barely opened, and thousands upon thousands of americans died alone in pain, and comforted by family, uncertain of how they came to be in this place and cared for by their country. Eight. 5million infected 220,000 or more dead. We are in the middle of a tragic pandemic and a recession made worse by our presence bungled mishandling of the pandemic, and instead of coming together to provide the reliefteng that all states d all people are calling for, we are doing this. We are doing this. Instead, my republican colleagues are walking over dangerous precipice doing something according to graham was unthinkable just two years ago , in th
Last night. While crews did shut it off quickly, the damage clearly done. This was the view from chopper five a short time ago. Here is how it looks on the ground, our photographer unseen tells us that two parked cars ended up in that 4 foot deep hole, they have since been removed. City water and sewer crews are on scene doing repairs. About an hour ago california became the second state after texas to log its millionth case of coronavirus. That is according to the coronavirus resource center. However, we also make up about 12 of the entire population. A short time ago coming up the news and warns californians, tweeting Positivity Rate, 3. 9 . Daily case average, 6719. Hospitalizations, 36 increase. I see you, 37 increase. We absolutely must take these increases seriously. While here in the bay area, alameda is slammed the brakes on any additional reopenings. As it anticipates dropping back to the right ear in recent weeks. The county has seen daily increases in the number of new cases
Im becky quick along with joe kerr de kernen and Andrew Ross Sorkin. After two days of optimism, the get out there again trade was on turned around a little bit yesterday. We did see people rushing back to the stayathome stocks as covid cases and momentization hs continue to climb. And some states are imposing restrictions and the nasdaq ended up 2 after being down monday and tuesday. Yesterday the dow ended flat, right now indicated down by about 115. Never made to the record, still waiting circumstanling around tt s p 500 down by 2. 5 and nasdaq indicated up another 51 points this morning these were the stay at home stocks, amazon up, apple up 3 , zoom which had gotten hammered, yesterday up by almost 10 took c docusign 5. 2 and netflix 2. 2 and treasury yields, yesterday it was closed for veterans day this morning it is open and you can see the ten year still around the very heightened levels, again, not historically, but based on what weve seen in recent history within range of 1 a
Is the first air travel bubble of its kind. There we go. We should be watching airline stuff as well but a lot of that thisready priced in after bubble was announced a few weeks ago. A have a look at the tech index here. Alibaba and tencent on the market at the moment. They are taking 179 points off the hang seng index itself. That is as we are seeing this rotation out of tech stocks, a global phenomenon at the moment. This will be because of the regulatory challenges we will be facing through some of these online retailers. Juliet . Juliet lets get Market Analysis with patrick, the global asset strategist. Patrick, we are finally getting this news of this travel bubble between singapore and hong kong. This is one thing that investors have been looking for when we start to see Global Travel open up and how that will feed into the energy markets. Lets get to our question of the day. That is when will crude back to these march highs . What is your view . Patrick morning. We are not speci