Or highs just yesterday alone. Bit of a pullback today. As for the nasdaq, yeah, it closed above 12,000. There was a massive runup in tech stocks again, a pullback is to be expected, and take a look at that, thats what weve got. Got it. Next, vaccine news. Very positive. The centers for Disease Control is telling states to get ready for Vaccine Distribution on a large scale come november the 1st. Which vaccine . Dont know, but this is a firm date and, of course, its right before the election. And it is exactly two months to the election, and the two campaigns are in high gear. Joe biden has reversed himself. He will travel to kenosha today. He said he wouldnt go, now he is going to be the comforter in chief. What will he say to the burnedout Business Owners . President trump goes to pennsylvania. Hell speak at Arnold Palmer airport just east of pittsburgh. Ive got a feeling hell talk about fracking. Stay with us, please. Youve got to say what Speaker Pelosi is saying about her break th
Then later today you remember yesterday we were on the hot side for inland areas saying goodbye to 90s and even 80s. Couple of sprinkles offshore all that energy is really going to diminish by the time it reaches the bay so dont really expect any sort of widespread rain couple of spots, a coastal drizzle is really all weve got 50s and 60s for your current temperatures thats not a huge change from yesterday just yet, oakland conquered at 61 pittsburgh fairfield in the low 60s right now later today as when youre going to notice just how much cooler we are from th90s inland to just the mid 70s today and 60s elsewhere in the bay. Im talking the rest of your forecast. Still ahead back to you. Thanks a lot john won and today you can go to restaurants in San Francisco. They are allowed to serve outdoors and there are restrictions for diners covers will tran is live in San Francisco to explain how its going to work i will. Hi good morning. Yes, there are restrictions been elise finally a crack
In kind irgarthen pay for school lunch selling cocoa and cookies. It has it all, capitalism, and charity. That and much more on making money. Charles boeing shares soaring today. The Company Announcing that the ceo is stepping down. In his place David Calhoun and he will begin in january in the wake of two deadly plane crashes, and how the Company Handled the whole problem with the fleet of 737 max jets for months now. Boeing, the most important critical, stock in the Dow Jones Industrial average, helping that index hit a new alltime high. Now many people are starting to ask, could this be the greatest stock market rally year for the market ever . I want to bring in bellpointe chief strategist david nelson and phil blancato. Start with bowing. It was unmitigated disaster. I thought it was a Public Relations disaster going back to the lyon air crash. Now we brought in David Calhoun. He was with ge, he was with caterpillar. He was with nielsen. He worked at blackstone. He has the right p
Triple digits. The s p 500 and the nasdaq in the red. Walgreens is jumping on renewed reports that kkr has made an offer to take the Pharmacy Market giant i covered the 25 feet from the exchanges desk over here in about a minute and a half. I havent lost a step. Boeing shares having their best day since june after the company upgraded its progress on returning the 377 max to the skies. Phil has the developing story. Hi, phil lets run down the time line that boeing put out this morning. Looks at december and january. Those are the crucial months for the max getting back in the air. In december what the company is planning is that you have faa certification. Once that happens youll resume deliverie deliveries in january they expect the Pilot Training rules to be set and then depending on which carriers are ready, they could resume commercial flights by the end of january. Southwest and american, two of the Larger Airlines around the world that have the max in their fleet. They both said
Rp much flat are the much flat. S p futures reporting today. Credit suisses thirdquarter results bringing relief to the banks reputation that was dented by a spying scandal. Bloombergs Francine Lacqua spoke to the ceo. Negative Interest Rates are not helpful to the banking sector. Everyone can see that. It will have to change at some point. Alix joining us from zurich is Francine Lacqua. Walk us through some of the highlights of the interview. Francine first of all, the numbers topline werent bad at all, but if you double down and look at the detail, some investors were maybe a little disappointed on the margin when it comes to wealth. The Global Markets did extremely well. This was a problem for Credit Suisse in the past. Youre seeing a bit of a muted reaction. Share price was down 2. 5 a short while ago because they are focusing on betterthanexpected results in some divisions, but the guidance disappointed. The other big question i tried to press on was the spying scandal. A couple o