Hearing. Futures this morning look like this, markets fractionally moving this morning, they are in the red on fears of a new coronavirus wave. Dow industrials down 17, nasdaq down 23 and s p 500 not too far from where it closed yesterday, down just about 2 points. Despite positive talks on a new round of stimulus. It is he departure from yesterday, markets were boosted by energy, technology and financials. This morning, we are seeing reversal after four weeks straight of losses, the dow industrials yesterday were up 410 points, nasdaq up 203 and s p higher by 53. California wildfires turned deadly as more than 50,000 people are forced to evacuate their homes and wine country has been ravaged by the flames. We will take you there live. And hitting the brakes, the epa questions californias new plan to ban gas powered cars by 2035. Why it may not be legal at all. Plus, a skeleton of fun, this gigantic halloween decoration making the buzz this morning. Wait until you hear the price tag. M
S p 500 and nasdaq also ending in positive territory both up 1 and foxbusiness team covered this hour, Edward Lawrence on the ground it easy, jackie on the floor of the new york stock exchange. Blake burman lighted lighthouse and edward, first do you. Reporter you saw the reaction to the job support. When i got the hands of my jaw dropped. This is less time the economy crated more than 266,000 jobs in a month with last january but white house says the strong job support with the claimant rate to be back to a 50 year low proves the regulation and tax cuts work. President donald trump not shy about taking credit. President trump the numbers have been phenomenal and some people say im so spot on and so good that they have never seen anything like it. Its a long way from when people were rooting for a recession because they thought they could maybe win an election. Reporter if you look deeper into the numbers the trends are moving in the right action because of the jobs created in november
Job. Homefront, couldnt see this negatively if you wanted to. Its positive for the week on this news as well. The leaders on the dow, let me remind you every dow component is in a positive territory today but the leaders are called me and chevron. Give me a sense of the broad range of this rally. We are taking a look at old prices being lower, it makes sense safety trade today, it moves into equity. Traders think it will hold so dont look for gold to rebound anytime soon. Check out what we saw in the dollar index all week and the spike today after the jobs report. One of the positive pieces in their for the revisions we saw for september and october. 14000 in september, 284,000 jobs and reported in october. You combined that with an added 41000. Those revisions are very important because it shows we are not even getting the true sense of whats going on here in terms of positivity. Thank you. Investors are watching their race against the clock and some of the major deadlines are closing
Now at 4 30 and streaming on cbs and bay area looking live from our exclusive tower camera and were looking east. It is thursday. Good morning. It is november 21st, 2019. Im michelle griego. Good morning. Im kenny choi. 4 31 right now. Lets see how thursday is shave shaping up. Quieter weather for sure for today and definitely a chilly start. Check out santa rosa. Youre down to 36 degrees. Definitely bundle up as you head out the door. Concord at 47. 57 in oakland and San Francisco. 43 in livermore and san jose at 46. A live look with clear skies at the bay bridge with the Treasure Island camera. Through the day well see the sun a mild afternoon. San francisco looking at a high of 63 also for oakland. Mid60s for san jose and concord. Daytime highs seasonal for this time of year. Maybe a degree to two degrees average. Taking a look at traffic at the bay bridge. Were seeing a few cars stacking up, but that is typical for this time of the morning. If youre headed out the door early, looki
A gorgeous look. Sun rise at 7 25 in the morning. Quickly warming under the sunny skies. Look at that. By 4 00. M. Were well into the 80s if not low 90s away from the coast. First a check of traffic with jobina. Good morning. Good morning. We are going to first head over to the city and check this out. We are looking at an issue westbound 80 on fish street, the off ramp there. We do know it is a solo car crash but it is going to be impacting people as they try to make their way in this morning to San Francisco. And now moving over to livermore, this is an issue weve been following and you can see that speeds still at 10 miles an hour out of tracy. Westbound 580 past greenville road, fourcar crash. We are looking at a big rig, two of them. Emergency crews are there as well and we do know that injuries have been reported. Reggie and kumasi . Governor newsom is calling for an investigation. Drivers pay a dollar more than the rest of the country. Laura martinez is live in the east bay with