As we have been reporting, in less than 30 hours, new restrictions take effect. Exactly when those rules start depends on where you live. San francisco, santa clara, contra costa counties will be the first to enact the order at 10 00 tomorrow night. Tonight, businesses and customers are preparing for another round of closures. Nbc bay areas tom jenson is in walnut creek with more on how people are coping with the uncertainty. Reporter stylists here at the grove salon, cutting and coloring their clients time one more time before yet another shutdown. I wish there was another alternative than just completely shutting down. Personal care. Because people are being careful. Reporter the owner plans to keep extended hours today and tomorrow before salons are shut down. Were going to take care of as many people as we can and hopefully hope back in three weeks. Reporter covid19 cases are surging across the state. Ooze anymore the medical field, so i hear it and see it all day long. Reporter lo
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
Crude getting wrapped into all of this. We get inventories coming out at 11 00, all of that wrapping into the story that maybe we arent that good at dealing with the virus again, despite what happened in the spring, and how that narrative will feed into your equity and asset allocation. The other story we are following his Morgan Stanley, the last major big bank to report earnings. Really wrapping out a winning week for wall street trading desks. The highlight was fic revenue rising 30 . That helped drive revenue above estimates. Also, equity underwriting fees came in double more than year before. Very solid. Now the question is, can it continue, particularly when it comes to the visibility of the election . Joining us now on Bloomberg Television and radio is jonathan pruzan, Morgan Stanley cfo, as well as sonali basak, bloomberg wall street correspondent. It is good to have you. Killer numbers, particularly when it comes to fic. What visibility do we have now for the Fourth Quarter .
Mile. Vandalization, high crime, 100 arrested, 13 officers injured. I dont know where to start on this one but well be covering it. Because there are ramifications for the rest of the country and maybe the president ial race. Meantime, focusing at the corner of wall and broad, with the dow up 300 points. A lot is on optimism that despite the back and forth nastiness between democrats and republicans on the president s executive orders here, to go ahead and provide stimulus himself because congress was unable to do it, there is optimism that some deal will ultimately struck. It moo be ultimately close to what the president wants, there are nagging issues is it constitutionsame issues come up when republicans were saying that to barack obama when he was looking at a payroll tax cut there is a long history to president s taking these payroll tax cuts to the executive level. President george w. Bush implemented one with much democratic, you know complaining. Again i mentioned about preside
Orange is the new black and the h. B. O. Series crashing but this is what i just saw her and had she a she killed me you know when when my wife and i would watch mike myers or anybody who truly could make us laugh or Ben Stiller Owen Wilson when theyre in their lender together i said what makes you have the most money and she said when Somebody Just doesnt care how far out theyre going to push it and its as were watching the raw grizz it was the same or very i just thought this girl is going to push this as far as a can go made me loud uproariously thank you foam i had since then i think here it was so funny when they really let me they set me free so it was a good time and you know i was thinking about great showbusiness gay eggs as if its not enough fun to do that movie i assume i mean theyre still early hours and being in hawaii seems like a bit of a gas right. And you got to or seasons and i mean it was it wasnt it was a fun time for sure. For those of you dont know the conceit wel