Before christmas. The icu doctors chilling video urging everyone to wear a mask. And what could happen to those who dont. The major wildfire danger in the west. The utility threatening to cut power to more than 100,000 customers on thanksgiving. Millions of americans in need on this thanksgiving. Thousands beginning their day waiting for hours on food lines across the country. 26 million families say they dont have enough to eat. As many as 11 million children going hungry. Black friday takes on a very different look. The busiest shopping time of the year colliding with the pandemic. While many major Stores Remain closed today, huge deals already under way. Half off noise can selling headphones. And more than two weeks after his passing, a touching thanksgiving message from alex trebek. And america strong tonight. Communities across the country giving back. And the front line workers tell us what theyre grateful for this thanksgiving. Good evening and thank you so much for joining us o
Now. New data points to a sluggish economic recovery as payroll, points in the beige book shows a modest increase in activity. 59 minutes until the close were set to have another record highs for s p and nasdaq up 1. 2 on s p 500, sara its utilities leading the way higher for a change. Coming up on todays show, Galaxy Digital back to weigh in on the rally as it carries over into september were going to ask where hes putting money to work right now. Weve got an interesting mix of earnings coming your way after the bell, including work from home like cloud strike, those are hot, hot Cloud Companies Apparel Company pvh and well talk to manny tirico, calvin klein and Tommy Hilfiger mike santoli tracking Market Action as always Steve Liesman with new highlights from the feds beige book joining us to talk tesla and pullback were seeing is craig irwin from roth capital. Mike, start us off with the market every group is higher except for energy you do have utilities and real estate and health
From Home Software stocks. And tech continues to lead, apple, netflix up 4 it is walmart the top performer in the s p 500 were going to dig into that one. Record close watch 59 minutes left to trade. That meat and potato and delicious gravy joke from tyler. A bit of an inside conversation between the two of us today. Of so apologies for that lets have a look at what is coming up along with the meat, potatoes and gravy the ceo of labcorp joins us. Florida is severing ties with quest diagnosics and walmart upping the stakes with amazon announcing the launch of the prime competitor well discuss with the former head of walmart u. S. And a food giant bets into the biotech game well speak with the ceo of nest nestle bet with a peanut allergy treatment. Mike santoli is tracking the action on this first day of september. Josh lipton is focusing in on apple and what could be the next catalyst for that stock. And phil lebeau has details on teslas Share Offering we have another tack on rally. A l
As we head through the afternoon hour, your 12 hour planner starting at 7 00, a little cloudiness, mid to upper 50s. That hasnt changed. Temperatures will run from 77 to 87 inland from noon to 4 00, 67 to 87 around the bay. And so cool along the coast and sunny and warm inland. San francisco taking new steps to prepare for a worst case scenario. They transformed a building to a care facility. Of course health is big focus for us. And there have been 1,000 cases in ten days in the city and a new peak in hospitalizations Amy Hollyfield is live talking about Hospital Capacity and the new surge. Reporter yeah, they plan to bring patients who need medical care to these warehouses here in the presidio so they can make room for covid19 patients in hospitals. So they have set up beds here in these warehouses, they have created a Field Hospital here. They have 20 beds so far, but the plan is to eventually have room to treat 93 people. This is for people who need hospital care who dont have covi
Seeking benefits in a sign that economic pain of this pandemic is far from over tax according to an analysis but the chamber of commerce in 59 minutes left of trading in the day. The city says the tax could yeah, tiny leg lower. Result in companies wanting to leave the city and, guys, its down 0. 4 . Not just here in San Francisco only two sectors, energy and but also in seattle. Theres a proposal to tax big staples in the green still coming up, Digital Finance businesses to pay for covid19 company sofi landing the number relief back to you. I mean, could it could eight spot on this years disruptive 50 list encourage companies to leave the well spee with anthony noto worst case, of course, is something that is structured this way is it could encourage formerly of twitter, Goldman Sachs, and the nfl about his Companies Companies to companys efforts to take on the get rid of some of the lower big banks. Were looking forward to that paid workers one. First of all, lets focus on the big st