Trillions from washington, more printing by the fed, that is a shot in the arm for stocks. Look at this, the dow industrial is going up maybe 300 points plus at the opening bill. The s p up 33, nasdaq up close to 100 points. Investors are really shrugging off the new round of stay at home and lockdown orders. And restrictions, were new ones in new jersey, ohio and california. And, yes, another case of lawmaker hypocrisy. L. A. County supervisor sheila are cool voted to ban Outdoor Dining at restaurants and then promptly went out for an outdoor meal at her favorite restaurant in santa monica. Youd think theyd learn, wouldnt you . Weve got a big show for you. Were going to introuse you to monetary introduce you to monetary theory. You dont pay for anything. Youll meet the man who declared an autonomous zone around his bar. Now, that is defiance. And youll meet the california guy who is flipping burgers on the sidewalk because they shut his restaurant down. And today, yes, we have got a T
Same thing people have to wear masks as these did your shots or do a thing you have to maintain socialdistancing distancing any happy really careful about going indoors. And you know for thanksgiving i went on people to have it outdoors. So its you know, its just more of same frankly. Yeah. And barbecue doctor theres still a lot were learning and theres a lot we do not know have there been for you any surprises along the way. Well the vaccine advice that the vaccine news from yesterday i thought was really quite the to have a vaccine. That with no side effects. Is just remarkable and to have it in this period of time. And i would imagine were going to be able to start seeing back seen available for so people who are either highly exposed like an intensive care units or who highly highly likely to develop complications like nursing home patients. By mid or or you know late december. And you know the general public by the spring. So doctor very quickly because were running out of time fo
To the upside. Other news coming through about approvals for future houses as well. The asx up 119 points. Thats move along and look at other Asset Classes. Crude trading yesterday with a 33 handle, hasnt had a huge rally since then. Part of that is down to russia and opec looking like they will not be hiking reduction in january. That news helping to propel oil prices up to over 97 in the last six hours or so. ,old remaining where it was just shy of the 1900 level. Thats ahead of the u. S. Election. The u. S. Dollar index marginally down, the Rate Decision coming expecting a 0. 15 cut in the base rate and we do have in anticipation of all that move slightly higher than that, and thats down to a commodity related currency and the crude price helping that along. Lets head over to new york and join karina mitchell. We start with the latest headlines on the pandemic. Starling fell to its weakest in the month, with an economy already reeling from similar measures earlier this year. France
193. Dow looks kind of squishy here, down 70 points. Also rising and in a very bad way, covid levels. Coming up, physician and creator of aipowered Symptom Tracker buoy, andrew lay, on the role his startup is playing to contain the virus as it viciously rears its head again. Tiktok versus the Trump Administration. In less than 24 hours, that deadline for the wildly popular chinese owned social media platform to sell itself to oracle, that deadline arrives but is the short form video app about to upend President Trumps battle against it . We go to the white house as tiktok fights to stop that clock. On this veterans day we honor two Service Members who sacrificed more than anyone could ever ask them to. Now back at home, they are the living and breathing embodiment of the american entrepreneurial spirit. We cannot wait to introduce you to these amazing heroes who credit one particular gift for helping them get back down to business. First, we start with a fox business alert. The Hedge F
Politics at home and abroad for years to come. The ipo has taken a dramatic turn with jack ma and other executives summoned by regulators. The company ahead of scrutiny. Shery breaking news out of south korea. We are getting the october Consumer Price numbers. Month for month, we are seeing a contraction of 0. 6 , really missing expectations of analysts. Not to mention it is a slow down and Inflation Numbers from the previous month. Not surprising given we had a pickup because of the weather related issues. We had monsoon season. And lowerlf Pressure Energy prices. Growth of prices is only. 1 which is a deceleration from the previous year. Not to mention it is under analysts expectations. Only in october we saw bright about 30 lower on average compared to a year ago so we are getting pressure on both numbers. For now, lets turn to the market. We are seeing u. S. Futures slightly higher online. Lets turn to sophie in hong kong. S p adding about 1 10 of 1 at the start of the session in a