A very good monday morning to you. Thanks for joining us. Im laura garcia. And im marcus washington. Nbc bay area issuing a weather alert due to those conditions. Lets start right with kari this morning with a look at that for us. Kari . Yeah, a lot of us in the valleys are not feeling the high winds but i am monitoring the Mountain Wind gusts that have been up to about 58 Miles Per Hour in the last hour especially in the north bay. With the high fire danger, the low humidity and the high winds will make it very dangerous for any sparks that could spread rapidly and were going to continue to have this wind advisory, those high winds, through at least this evening. Were also watching some high waves along the coast, so well talk more about all of this in the forecast coming up. Mike, are you seeing any issues for the morning commute . Kari, one crash im concerned with. There are a number of crashes but the one im going to follow is in the south bay. Green sensors dominate the map obviou
Airbnb expected to go public this week. Analysts saying it will surprise above its target despite all the headj winds the travel industry is facing. Well explaint iwhy ase xdp lunch starts right now. Thank you, ty the dow pullingqback but still above 30,000 only six dow stocks are higher right now. Teq apple is one of fthem the dow industrialso so far today as well as theee nasdaqe pos t composite and russell 2000 each have hit a record high intra day despite the fact the the dow is lagging, only up 5 and 13 gains over here for the Overall Index for the russell 2000 look at other parts of the market were also watching as well look at the semiconductor. Dze cord highsf pushing the semiconductors, possibly a leading indicators for the rest of the markets and another set of record highs tesla. Billion, would make it close to around the sixth biggest stock in the s p when it eventually goes in. That happens before the open of business on december 21ste1. And perhaps Short Co
Overall goal is to urge everyone to stay home as rates rise right now in the beginning of seeing the cases from the folks gathering in the thanksgiving holiday. According to what weve red they will look like at the beginning of the pandemic. Three today, five tomorrow. Alameda, marin, san francisco, contra costa and santa clara county. Some of the biggest changes are from the restaurants. No more indoor or Outdoor Dining. They are limited to carryout and delivery only. Retailers are allowed to have indoor business but they must offer it at no more than 20 capacity. What has been a roller coaster ride or slowly regaining a lead. Many are once again closing up shop. Take a listen. A bummer for all of us here getting in stride of picking back up and reengaging with our regulars and seeing familiar faces. The next shutdown is a shame. Many may be wondering about inperson learning. If your district has already implemented inperson learning students are allowed to continue doing that. No sch
Down days for the markets. Right now s p down by about 11, dow by 96, nasdaq off by about 47 we were so close to you dow 30,000 earlier in the week, but that seems to be slipping away a little bit 29,400 and change is where the dow is right now and again, down two days in a row, down again this morning and after yesterdays declines, all three of the major averages are in negative territory for the week a lot of things happening with covid and well talk more about that in a moment, but some of those concerns creeping back into what you see in the markets. If you are looking at the treasury market, the yield on the ten year right now is sitting just at about 0. 852 and the vix also spiking yesterday, probably a little bit on concerns about what happens as we go back into some of the lockdowns. The seesaw of good and bad news on covid. And well give you a bit of good news that happened overnight in the vaccine wars developed by the university of oxford and astrazeneca found to be safe. An
Reporter neil, good afternoon to you. Start with astrazeneca. That is the top headline. It is covid19 vaccine as you mentioned having a good immune response in older results this is a phase two trial. Heefficacy will not be done untl they resume phase three trials you mentioned pfizer around biontech, they will file for their emergency approval with the fda form for the covid19 that tells us they are on track for the timeline they promised. Johnson johnson ready to have its vaccine ready for approval by february of 2021. Like i said, a bunch of different choices here. New york city in a little worse shape. Public School System is shutting down as of today. The stiffs Public Schools are taking a break, excuse me, because the coronavirus test Positivity Rate of 3 has been at that level for a seven day rolling average. It was reached on wednesday. The decision impacts over a Million Students and their parents and the city is trying to manage these cases and the weight that is placed on th