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
The open this morning we will get really close again to 30000 on the dow. Heres another positive in all the transition from trump to biden has begun and investors like it, the dow was up 1 , 300 points, s p up three quarters in the nasdaq up close to half a percentage point, lots of green this morning and theres this, john kerry is back, the climate envoy and will sit on the National Security council, not good news for Americas Energy independence. Kerry will try to take us back into the paris climate record, but here is a guy taking us to the future, elon musk, yesterday as tesla stock rallied musk gained 7 billion in one day, he is worth 128 billion in the last week he surpassed Mark Zuckerberg and bill gates to become the second richest in the world, jeff bezos remains firmly in the number one spot. On todays show lets celebrate thanksgiving, the timing on the restrictions but resistance is growing, scott shalit he will join us from arizona hes part of the great exodus and will take
Cover than it did this time yesterday. Well play out a lot like yesterday. Mid to upper 50s and little mist in the east bay and 70 to 79 around the bay and 81 to 90 inland. Everybody back in the 50s, 60s and 70s by 7 00. Well take a look at that weekend forecast coming up next. Back to you guys. Mike, thank you. As of midnight, Santa Cruz County is now added to the states watch list. That means a number of indoor businesses are going to have to either close or come up with an outdoor solution real quick. So, heres a map showing where all the bay area counties stand right now. As you can see, San Mateo County is the only one not on the states watch list. As part of our effort to build a better bay area, were focusing on the economy, especially during the pandemic. The bigges impact of the countys new status on the watch list is on hair salons and gyms. Abc7 News Reporter Julian Glover is live in santa cruz to show us how some owners are already preparing for this. Julian. Hi, good morni
Hour, and we will also head to Wrigley Field as the return of baseball is expected to bring Big Television ratings on pentup demand for live sports Brian Kilmeade is joining us with that cant wait but first to our nations capitol and questions over getting backtoschool. New cdc guidelines seem to favor a full reopening, this as President Trump is acknowledging that some schools may have to delay opening their doors in the fall. Fox Business Correspondent ed lawrence on the debate over getting the doors back open. Edward . Reporter yeah, david, these new cdc guidelines designed to do just that open schools safely. Also what to do if a child tests positive inside that school. Now, in this it does mention or talk about how the importance of getting kids backtoschool and inPerson Instruction and how schools help developed the whole child. But ultimately the guidance is designed for individual districts to make that decision, and now President Donald Trump changing his tone on schools just
Not surprisingly tech stocks are holding up the best today. Bob is looking where we stand on earnings about halfway through the season and our tech team will get us ready for what to expect tonight josh lipton on apple julia on facebook. Bob, lets start with you. Kelly, earnings are a little bitter than expected the market is holding up pretty well because of that the big winner here remains technology stocks. Why shouldnt it just look at the Second Quarter earnings estimate. You heard of what a disaster the sec quarter is 38 for the Second Quarter this is almost the same for the Second Quarter technology will have a small decline. Thats why tech keeps winning. Look at lam research they make semiconductor equipment. The ceo said covid19 has underscore the rapid growing on reliance look at the chart up 28 good Earnings Report but straight up since the bottom in march. Telemedicine is killing it look at these numbers here 2. 8 million visits in the Second Quarter. 200 growth. They raised