Classes. Pricee the new york crude under pressure. We have this key meeting taking place of opec plus today and tomorrow. The gold price at the moment is showing weakness. Buy yourself finance. Bitcoin is erasing some of the 9 . Es by going up nearly lets look at the other first word news headlines. Lets join karina mitchell. Karina bloomberg has learned readingna the latest on chinas economy shows recovery is getting momentum. Manufacturing and services, pmi data both beat estimations. In aty performance came 52. 1. The economy is gaining strength despite sporadic epics of covid19. Bloomberg has learned chinese regulatory officials have said that the chances of jack mas stockoup revising its are looking slim. They are still reviewing changes needed to appease regulators. An additional delay would be a setback for ma. Has big dollars the fight to overturn his election will not reach the supreme court. He told fox it is hard to send a case there and he probably wont succeed. He rehashed
Comes to the coronavirus adding more than 150,000 new cases on thursday alone President Trump is expected to give an update on operation warp speed in just about an hour. We will take it for you live 59 minutes left to go in what has been wilfred a wild week of trading of one that is higher. Higher for the week higher today as well up 1. 3 on the dow coming up on todays show we will speak with chicago mayor lorie light about her lockdown advisory and the potential economic fallout as cases surge in the state of illinois plus it has been a big welcome back for the bank stocks with the kbw bank stocks up 10 the ceo of kbw will join us to discuss whether there is more upside ahead for the sector. First the big stories. Mike santoli is tracking the market meg tirrells that latest on treelts and vaccines as we await an update from the president and Steve Liesman is looking at the impact of the coronavirus surgeon the economy. Mike, the market up 388, and the dow having been up 400. You lock
95 points higher. You know liz mentioned this down the stretch of her show, russell 2000, the small cap stocks, dow transports they both closed at records today as well. That is kind of day. A lot of green and really big day for stocks. Im Connell Mcshane. We welcome you to after the bell. Those are the numbers at the close. Time now for the news thats happening at this hour. We have fox Business Team coverage with Jackie Deangelis in the new york newsroom, blake burman reporting from washington, also get to Hillary Vaughn in wilmington, delaware, president elect biden just wrapped up there remarks on the economy but blake, lets start with you. That is the big news today. That Moderna Vaccine. Tell us about it. Reporter they expect, connell, moderna does to apply for the eua, emergency use authorization in the next couple weeks. Maybe distribute the covid19 vaccine by the end of the year. When you look at numbers on the Clinical Trials it is about as good as they hoped for. Here they a
California going under curfew. The new order comes exactly a week out from thanksgiving. There to hold all nonessential activities from 10 pm to five p. M. That is every county except San Francisco and marin. The order be in effect for at least a month maybe even longer. So, what exactly is the plan to enforce this . We are in livermore with that part of the story tonight. Restaurants will have to close up shop by 10 00 bm come saturday night. Health Officials Say covered cases are on the rise. In fact, they say covid can go from zero to 60 rapidly. They need these Health Measures in place. There is no single culprit. It is a combination of factors. It is certainly the colder weather, more mixing which comes with more opening. Reporter state and Public Health officials are issuing the curfew until 10 00 p. M. Until 5 00 a. M. In the looked here. It goes into effect saturday and expected to last one month. Essential workers are exempt. I dont approve of it, but if it is going to happen,
But is important for children and families. He ended with a threat. May cut off funding if not open. And just yesterday, he said, quote, my view is the schools should open. He this thing is going away. It will go away like things go away and my view is that schools should be open. The president views the decision about how to reopen schools as a political dispute about his own reelection. And to paraphrase his press secretary, he is refusing to let science stand in the way. I fundamentally disagree with that approach. Schools must reopen based on science and the safety of our children and teachers, notf politics and wishful thinking. I do agree with the president that schools are critically important for children and families. My first job after i graduated from college was as a High School History teacher. My wife was a school librarian. At this time of year, i remember the anticipation as the start of school would come into focus. Two of my grandchildren are schoolage, and i know the