Monopoly status in the most significant antitrust action against a u. S. Company in decades. Google says the government case is deeply flawed. Netflix plunges in late trade after losing subscribers. We get the outlook and expectations, and investors are not happy. Shery we are seeing u. S. Futures coming online slightly higher, by. 1 after u. S. Stocks rose in the regular session. It was a choppy one. We saw expectations of the next round of stimulus and House Speaker nancy pelosi now trying to negotiate that deal with the white house, investors watching that very closely. We saw the s p 500 index gain. 5 with 10 of 11 sectors rising in the new york sector. Nasdaq composite also gaining ground, despite we saw the Justice Department decision to sue google for allegedly abusing its power. All of this leading to the dollar sinking to a oneweek low, more optimism that perhaps a compromise stimulus is on the way. Look at oil at the moment, because we have seen oil slightly higher on this up
It is hip to be square used to be at least. Lets check out u. S. Equity futures. Things are relatively flat and that isa good thing. A bit of a difference after the big swings weve seen. Right now dow futures up about 3, s p 500 up about 2, nasdaq up by 13. Of course this is after a done day for the m down day for the markets yesterday. Treasury yields are something to start paying attention to because we did see a pickup in treasury yields to the highest levels weve seen since june the ten year is yielding 0. 813 . And i know it doesnt seem like a lot, but it is the highest level weve seen in a while and there is so much that rides on that including mortgage pricing which has been a key part of what has been happening in the housing sector, a strong point in the economy so far. Lets get over to washington. Well talk about id call it a soap opera, but really it is a reality show and means a lot to so many millions before nancy pelosi says she is now optimistic that democrats may be abl
Record death tolls. Florida, texas, South Carolina have flipped roles with new york which back in march was the covid capital of the world. One of the new york stars of the netflix dockuseries pandemic is here. Hes responsible for the Pandemic Response for all of new york citys hospitals. She will tell us what lessons she learned during the darkest moments and how overwhelmed hospitals in the new hot spots can gain control. Speaking of netflix, the streaming media leader Tiger King Crown a bit dented while shares are up off session lows. Its guidance disappointed investors. What does the first of the fangs to report in the covid quarter portend for Big Tech Companies that are supposed to report next week . Tesla and microsoft among them. Famed tech analyst dan ives knows both of those names implicitly. Hes calculating the numbers and hes here live to tip you off ahead of the big reveal. Plus, the famed sportswriter who is now saying me too as the Washington Redskins deal with revelatio
Spinning to our south and still threatening us with a stray shower, especially in the south bay as we head throughout the next 24 to 36 hours. Cloudiness is going to be even more than it was yesterday. Expect cooler conditions when you step outside. Temperatures starting in the 50s will only warm into the upper 50s at the coast and low to mid60s for the rest of us. Still have the warm weekend on the way. Well talk about that next. Heres kumasi. Fremont police are investigating the citys first homicide of the year. Happened in the lucky supermarket parking lot around 7 30 last night. Investigators say the victim was in the parking lot with friends when an suv pulled up. Were told the victim got out of his car and then got into some kind of argument with the person in the suv. A person in the suv ended up firing, opening fire and then taking off. And its not clear exactly what led up to the argument. Abc 7 News Reporter Julian Glover is at the scene. We will have a live report coming up
Doppler 7 and pretty cloudy outside and we have some rain but mainly staying around the monterey bay right now as that area of low pressure. The fifth day consecutive day it will have an influence on our weather. Brought us a little drizzle you can see near the golden gate and up into marin county. Watch out 1 and 101 is a little wet or are a little wet. Lets talk about our day planner and what you see are just cloudy conditions and temperatures below average, even though were mild this morning. Low to mid50s we stay at the 50s at the coast and low to mid60s else where. Promise you some sunshine in the weekend forecast coming up. Reggie . Thanks, mike. Developing this morning, Fremont Police are investigating the citys first homicide of the year. This happened in the lucky supermarket parking lot around 7 30 last night. Investigators say the victim was in the parking lot with friends when an suv pulled up. The victim got out of his car and got into a fight with someone in the suv. A pe