Hospitalizations are surging out of control in california, 45 counties are now in the states most restrictive tier meaning the spread of covid19 is widespread. Thanks for joining us today at 3 im Sanaz Tahernia hospitalizations have increased 81 over the last 2 weeks in cases here in the bay area have now surpassed 138,000. All of these numbers increasing right ahead of the thanksgiving holiday when many people are hoping to gather with their families our Capitol Bureau reporter Ashley Zavala is live for us in sacramento with more on californias latest covid19 update ashleigh. Yes and as well the states Top Health Official doctor mark galli says that those hospitalizations and covid19 cases are surging in the state thats leading he and other state leaders to request a 7 counties to take a step back in the states tiered reopening system with an even larger majority of counties and the states most restrictive tier. Statewide i dont believe weve ever seen as many hospital admissions. Incr
Comfortably. Hawkish headlines on china and weak Economic Data both weighing on market sentiment. The dow is down 300 points yearly it was down 350 about 20 minutes ago. We have 59 minutes left in the session. Big show coming up four. A true 2020 winner, et ceteray stock is up 250 this year we will talk to the ceo Josh Silverman about the holiday crunch and whether his companys momentum can continue. And arthur blank, cofounder of home tee poe, owns the Atlanta Falcons and atlanta mls team as well lets focus first on the stories we are watching today. Mike santoli is tracking the Market Action into the close meg tirrell has a vaccine update and phil lebeau has an update on nikola, that stock down020 today. Mike santoli first to you and the markets. A mild shake of the tree. Indexes backing off. Some of the stuff that was up the most this month is down the most today seems like a little bit of trimming there are probably unbalanced portfolios there you have we are roughly capped we were
Charge of the recovery act, and it was hard as hell to get the votes to begin with, and then it was hard as hell to get the numbers we got. One thing we learned is we cant do too much here. We can do too little an and sputter. The speech youll hear follows the jobs report this morning. Yes, the Employment Rate is down, but only 40 million jobs was added to the American Economy. That makes it clear that the impacted American Economy is still very much in trouble. The Senate Meeting ended early this morning with the Senate Passing a budget resolution. This morning the house will take up that resolution and it will clear the runway for democrats most likely to go it alone with a covid relief bill that is very much on top of the wish list. Theyre meeting with the president this morning at the white house, and the Committee Chairs said they will start Writing Details of the budget plan next week. With us to share their reporting and insights, phil mattingly, Christine Romans and sun moon ki
Its been an unstoppable run for this stock up more than 160 from its lows in late march. One analyst think its got even more fuel in the tank. He will joins as power lunch starts right now the dow is higher for the sixth day in the row thats pacing for the longest winning streak since september lets get to bob for more on the markets. We are sitting at session highs. A little pop about an hour ago that was declared we had entered a recession in february. Let me show you because once again its the reopening story thats moving the tstocks laggig two weeks ago had been leadership groups. Tech is under performing its very interesting how its underperforming. Its not like they are selling them the volume is light in this sector its not a lot of buying interest the same with megacaps you know about the megacap leadership apple is at a new high this is another interesting group. Visa and mastercard have been monsters they have showing some lack of interest today a bit of rotation as we go int
Breaking news now at 11 00. San Francisco Police searching a home in the outer sunset neighborhood. What they found inside thats now opened a murder investigation. Many states will begin easing social distancing guidelines this week. When california could follow suit. How virus related restrictions could make a long term impact on the travel industry. Breaking news in San Francisco, Police Investigating an apparent homicide after a mans body was discovered inside an apartment near ocean beach. Police were called to the scene this evening on the great highway between louton and miraga. Now to the efforts to reopen the country following coronavirus related restrictions. More states will loosen guidelines this week after weekend reopenings in states like georgia and oklahoma. Kpix 5s kenny choi has whats in store for california. H Conference Addressing the topic, the six conditions he said before the state can consider reopening have not yet been met. This comes as states like new york ar