Meteorologist kari hall breaking down why thats causing concern as today in the bay begins right now. Good morning and thanks so much for joining us. Im laura garcia. And im marcus washington. Of course mike is keeping his eyes on the road. Lets start with the forecast for today. And this morning a very foggy start. Yes, we are seeing that in the south bay as well as other parts of the bay area as we wake up, take a look at our live camera in san jose. Its foggy and its chilly so we are going to see that for the next couple of hours and then turning very mild as we go into the afternoon with some sunshine. Taking a look at our breezy winds picking up for tomorrow. We are going to stay dry in the forecast as we start out with some cold temperatures and the fog this morning. We do have concern of freezing fog. Well talk more about that cong up in just a few minutes. Mike, how is it looking right now for the commute . Kari, the fog is the topic of one of the chp reports. As we look at the
We will talk to him about what is ahead for 2020. He is the amazon executive who resigned over what he called vein of toxicity running through company culture. Those stories in a moment but first, tech earnings trickling out today. Abigail doolittle is with us. Abigail there was some action later in the day. Another sleepy day for much of the day for stocks. Record highs for the s p 500 and the nasdaq. News came out from pfizer, another headline that pfizer, the doses they will be able to provide for this year expected to be half of what had been anticipated. When the headline came out, it read very bearish. Stocks initially took a leg lower. The s p 500 going down three tens of 1 . A decent intraday move. The s p 500 finishing down for the first time in three days. The nasdaq, however, managing to keep a small gain and a record high on the date. Pfizer really slipped, 1. 7 . The barclays bond etf up 8 10 of 1 . Tones of riskoff, uncertainty around the pfizer news. Pretty interesting,
Bay area counties are beginning to shut down before the official order from the state, local orders in santa clara, contra costa and 7 so counties it 10 00 tonight, in berkeley and alameda county, the shutdown order goes into effect at midnight. Marin county, restrictions in place on tuesday at noon. The orders are expected to remain in effect until january 4. It bands all indoor and Outdoor Dining but restaurant takeout orders are still allowed bars and wineries have to close along with hair and nail salons, people are being told to avoid all gatherings with anyone outside of their immediate households. More than 30,000 new confirmed cases yesterday in california, the highest one day total yet, and 5000 more than the previous day, statewide the number of deaths is close to 19,000 and the Positivity Rate has it 10 . The latest shutdowns, is a huge blow to many businesses that are already struggling, they are just plain frustrated and scared, many Business Owners told rob that today, he
And the u. S. Adding two Key Chinese Companies to its defense black list o and everybody just chill, the ceo of warner media down playing news that sent Movie Theater stocks cratering yesterday it is friday, december 4, and this is worldwide exchange. Jolene, jolene, please dont take my man good afternoon, and welcome from wherever in the world that you may be watching. Happy friday, folks. We made it lets jump right into the markets and your money because friday futures where looking pretty good. Dow futures are up 113 points. Up once again for the week the nasdaq 100 higher by nearly 2 to kick off the month of december technology back in command and this could be the number of the day. 47 no, that is not the number of days that were in march this year, that is how many times the nasdaq 100 has hit a record high this year and well see if we can make it a steady 48. For the dow, boeing has been the star rising 6 again yesterday and accounting for pretty much all the dows gains. This af
Index, just marginally down. The real story has been the bounceback after last weeks fall for bitcoin, approaching record highs. 19,595. 1. 1 to the upside. Drivings within opec that crude oil price down. Lets look at what is going on in the emerging market context. Asian markets are bouncing back nicely after yesterdays big move to the downside. What has been responsible for this change in mood . , onethink first of all should partly see yesterdays price action as an anomaly. I think the Way Investors are now returning to the positive things like easy fed policy, Global Economic recovery, which was confirmed by asian pmis and the index that just came out, and optimism about vaccines. Juliette and your team has written a piece on the e. M. Currency outlook for 2021. It reads quite positively. What is the basis for all that optimism . Maybe there are three reasons. First, valuation. We believe that emfx is undervalued and conditions should be conducive to pushing them into overvalued te