The governor also said he is working with the federal government to obtain hundreds of thousands of swabs and other necessary testing equipment. Taking a look now at the bay area Santa Clara County has reported close to 2000 coronavirus cases and 94 people have died. Alameda county is over 1200 cases with 45 debts. San francisco also has more than 1200 cases and 21 people have died there. In the 9 bay area counties there are close to 7000 confirmed cases of the coronavirus and 238 people have died be the governor also spoke today about what is happening in Santa Clara County about a report the. Officials are saying the 1st death in the u. S. Linked to the coronavirus happened much earlier than 1st thought. Early february is when they have been. Jesse has more now on those findings and what they could mean moving forward in the fight against covid19. It was somewhat surprising, but not completely because when we identified our 1st travel associated cases in late january we had a very na
Because there is some, not a lot but some cautious optimism starting to trickle out around both the markets because they ended their day and they ended their week higher as well. Perhaps some hope on the horizon about america getting healthy and getting working again. But tim seymour with 22 million filing for jobless benefits in just the last three weeks wiping out a decade of job gains, no doubt some very hard Economic Times for millions of people still to come. Is there really any good reason for markets to be rising like they have been i think its a liquidity squeeze. Its been a skepticism trade that has squeezed markets higher it has been a combination of the Federal Reserve expanding its Balance Sheet to 6. 1 trillion. Its been all of this well ahead of the recession frankly its been a dynamic where i think the positioning of markets allowed markets to push on higher it doesnt change from where we are but obviously we started all this on covid19 as weve gotten more clarity on cov
Falling 973 point, but the real damage was done in the small caps which got a lot smaller today. The small cap indexes, you name it, you can throw a dart and hit one, it was down 7 to 8 . Small caps on concern of the domestic economy taking it on the chin you also have to look at the big banks. Big bank stocks also in the red. You heard the gang before just talking about it and also focus on boeing. Boeing losing another 12 today. Another very difficult day for boeing and the airlines in general. Just a reminder, we of course, at 5 00 will be monitoring that White House Coronavirus press briefing when it occurs, if you have marketmoving headlines or headlines that you need to know, we will bring you into that as always, waiting for it to begin and well dip in once or twice during the show, as well welcome, everybody as said, im Brian Sullivan and we have a great trader panel we have tim, karen, dan and guy. The gang is all here, and karen finerman, i want to begin with you because i kn
Englands nationwide lockdown will end on the 2nd of december. The regulations expire on that date, and the Prime Minister will be making a statement tomorrow and setting out further plans, but we will be going back into a more localised approach, a tiered system, which i think is enormously welcome. The new tiers will be tougher than before and more areas will be in higher levels. The government says its to keep the gains made in lockdown. But 70 of borisjohnsons own mps have already written to tell him they wont vote for the system unless he can show it will save more lives from covid than it costs in other ways. Maybe they want to re evaluate the effects of some of the tiers, but they also need to look at the balance of the whole approach and see what the tiered approach means actually banning. And labour says it needs to see the detail. We really expect government needs to have learned from what has happened previously, all the problems we have had previously. We did not have a clea
We know that 750,000 people have tragically already lost their jobs with forecasts of more to come. A usjudge has dismissed president trumps latest challenge to his election defeat as a frankensteins monster of a case. And a moment shell never forget. A baby elephant is rescued after falling down a well in india. Good afternoon. The government is finalising plans for a new tougher tiered system of coronavirus restrictions when england emerges from lockdown on december the 2nd. The Prime Minister and the cabinet are meeting this afternoon and it is thought there could be tighter rules around household mixing, which is seen as a major cause of transmission. And talks continue between the governments of the home nations to come to a common agreement for the whole country on the easing of some restrictions over the christmas period. Heres our Political Correspondent helen catt. Its confirmed. Englands nationwide lockdown will end on the 2nd of december. The regulations expire on that date,