Stores with reduced capacity could mean a 40minute wait. The National Retail federation on its website predicts online sales will be capturing 20 to 30 of the holiday market, up from last year. There are no corporate parties and reduced inventory and fewer employees are in many stores according to consumer expert and San Francisco State University marketing professor. The projections are that because the consumer demand has been suppressed so far, starting with today, which is black friday and the start of the Holiday Shopping season, there is some kind of penalty up demand that people, you know, they want to give gifts to family and friends to uplift their spirits in a very challenging year. Reporter walnut creek downtown there is a 20 vacancy rate right now but Property Owners say they are getting inquiries about renting the vacant sites according to the walnut creek Downtown Business association. Whats missing is probably, you know, the ice rink. Were unable to host the ice rink thi
With that light wind overnight, look at the temperatures, dropping into the low 30s in the north bay, 31 in santa rosa, 32 in novato, 33 in livermore with freezing conditions in the san ramon valley. 39 in oakland, cold for oakland, anywhere from two to seven degrees colder this morning, along the shoreline and your forecast calls for plenty of sunshine, upper 50s by noontime. By the afternoon weve got low 60s around the bay and looking at another clear and cold night tonight. Temperatures are going to stay on the mild side. Well tell you how mild and talk about the rest of the weekend, the week ahead, coming up. Liz . Lisa, thank you. Today is Small Business saturday as we mentioned, but no matter the turnout, some berkeley shops are getting some extra help. The city of berkeley raised millions of dollars for a relief fund. Abc 7 News Reporter luz pena spoke to the mayor of berkeley who says there are still more ways for the community to now chip in. Reporter may 2020 marked ten years
Im becky quick along with joe kerr de kernen and Andrew Ross Sorkin. After two days of optimism, the get out there again trade was on turned around a little bit yesterday. We did see people rushing back to the stayathome stocks as covid cases and momentization hs continue to climb. And some states are imposing restrictions and the nasdaq ended up 2 after being down monday and tuesday. Yesterday the dow ended flat, right now indicated down by about 115. Never made to the record, still waiting circumstanling around tt s p 500 down by 2. 5 and nasdaq indicated up another 51 points this morning these were the stay at home stocks, amazon up, apple up 3 , zoom which had gotten hammered, yesterday up by almost 10 took c docusign 5. 2 and netflix 2. 2 and treasury yields, yesterday it was closed for veterans day this morning it is open and you can see the ten year still around the very heightened levels, again, not historically, but based on what weve seen in recent history within range of 1 a
Session, 0. 7 . We are seeing a decent move when it comes to the bond markets. The eurodollar trading up by 0. 1 . I want to show you what is happening. A lot of sound and fury around the middle of the session, but as it has for a long time, the pound going absolutely nowhere. We are up by just 0. 1 against the u. S. Dollar. Alix i feel like it is the same thing now with stimulus headlines in the u. S. Lets get the latest on brexit headlines. The u. K. Says talks are over. Prime minister Boris Johnson spoke on that earlier today. Pm johnson given that they have refused to negotiate seriously for much of the last few months, and given that this summit appears explicitly to rule out a canada style deal, ive concluded that we should get ready for january 1 with arrangements that are more like australias, based on simple principles of global free trade. Under in australia type deal, there would be no competence of agreement, and the bulk of trade would be done under less favorable wto rule
Slightly as the drugmaker did say it will seek that approval for an emergency use for its vaccine by late november. As carl mentioned, wall street looking to snap a threeday losing streak. September retail sales delivering a big beat. Futures up this morning. Carl david and leslie, a couple of things working in the bulls favor today. Three days down. A little bit of room to bounce back on the upside, david. But futures were slightly negative, then we got that open letter from pfizer, saying that we could be looking at potentially a request for an eua by mid to late november and retail sales with that blowout number for the month and year on year the figures, david, reflect a consumer that has put together a nest egg during the course of the summer, and that is continuing to provide some momentum for the consumer. It is funny, i go back to that interview i did with david berman of maybe six weeks ago already, but somebody who tracks retail sales, more closely perhaps than anyone. And in