Middle peak is doing 30 miles an hour. And then as you look at the elevation spots, rose peak, down by san jose, 26 miles an hire. So the winds have died down. The rain will continue, light sprinkles into the evening hours and tomorrow, and then we dry out. Pack here with all of the specifics and the 5day. This wet suspect is good news for fire danger around Northern California. There is also concern about the areas burned recently by wildfires. Tuesdays transformation from sun to showers highlights the annual transition in Northern California to rainy season. Were starting to see some cold fronts move out of the gulf of alaska. We saw one a few days ago. Theres another one moving through the bay area today. A little bit more rain than the last one. And thats sort of the progression that we get into this time of year. Each successive storm tends to get a little bigger, a little wetter. Reporter from the north bay to the east to the south. Its the kind of brisk wet weather perfectly sui
Close at the open. The road map begins with that renewed vaccine optimism and detailing their own strong data. Plus as for the market, the u. S. Stocks poised for new records and the futures are and investor optimism about that vaccine and dow is within striking distance of 30,000. We have a lot of deals this morning. Pnc looking to become one of americas largest banks and set to buy spanish bank and 11. 6 billion the Purchase Price and other deals to tell you about this morning carl lets start with the moderna news excellent news for the second week in a row. Dr. Fauci on some of the networks earlier today saying the data are striking and the results are just as good as it gets i really think we have to go back just a couple months and recognize that even if we had any hope that there would be a successful vaccine maybe 70 , 80 . 50 to 60 for the flu is something we learned moderna Insider Selling was bad and turns out the Insider Selling was bad meaning they sold badly i do think wha
Were taking an ominous turn. Lets go to Jackie Deangelis following all of this and some of the restrictions being put in place to respond to this. Jackie. Reporter good afternoon to you, neil. Thats right. The market is lower because of spike in cases. Weve been talking about pretty much all week. That is after we got the news pfizer or biontech come to stronger conclusion on their vaccine it would be 90 effective. There are still so many questions about this. Today on mornings with maria the biontech founder talked about the vaccine, how long it might protect people. Roughly a year or so listen. Theres a good chance that the vaccine not only will protect us but could protect from infection or virulent infection for a significant period of time. I personally expect that the vaccine could protect us with, with protocol for a year. If we learn we need to reimmunize. We could do that after one year. Reporter meantime the pfizerbiontech vaccine was not the only one in the works, right . We
Veterans day as we thank those who served us in the past and continue to serve us today im becky quick along with joe kernen along with Andrew Ross Sorkin things are in the green once again. Looks like the dow is indicated up by about 181 points and if we were to open at these levels and hold it through the session, you would be looking at the dow closing at a record high it has been up six out of the last seven sessions. Up another 626 points yesterday. Dow futures are up, s p futures up by about 26 and then the nasdaq, which has been the weaker part over the last several sessions, down more 1 , actually indicated higher today as well. Up by about 130. The bond market today the is closed in ob sservance of veters day. Well talk with David Petraeus later this morning andrew thanks. And an important day in the United States of course. But there is also a holiday going on in china, very different kind of holiday, made up of a shopping a made up shopping holiday i should say called single
Terrifying early days and with it a reason to be hopeful. And President Trump saying nope to the virtual debate he wants to get back on the road it is friday, october 9, and this is Worldwide Exchange right here on cnbc everybodys working for the weekend especially wants a new romance with all due respect to lover boy, no, we are not. Lets all agree, you and i, im looking at you, it is 5 00 and were not working on the weekend, were going to rest and im going to sleep all weekend good morning, good afternoon, good evening and welcome happy friday, even im Brian Sullivan lets kick it off with stock futures because they are higher. Dow futures up 96 points, the major averages all coming off their third positive session in the last four. And the dow quietly on track for its best week since early august and file this under you cant keep a good market down. The dow transports higher once again yesterday hitting yet another record high, that index up more than 4 since monday trucks and trains