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All, lets start off with one big news, piece of news for the bay area. Three ucsf doctors have been named to president elect bidens Advisory Council for covid pandemic policies. There are hundreds of jobs that the president elect will need to fill, but the Trump Administration said today that they are not ready to acknowledge him as the winner. President elect joe biden and Vice President elect Kamala Harris go straight to work with the transition team. They met by videoconference with the transition covid19 advisory board. Focusing on a key campaign promise. I will spare no effort to turn this pandemic around once we are sworn in on january 20. Reporter the bay area doctors from ucsf are part of the board. Dr. David kessler, an epidemiologist and former fda ....
Good morning welcome to Worldwide Exchange. Im Courtney Reagan. Im dominic chu in for wilfred frost. Lets get to the Market Action we have futures showing a bit of stability ahead of that big jobs number check out whats happening with the stock futures. The s p up by 1 point. The dow indicating a 39 to 40 point open and the nasdaq up by 5 points. The tenyear treasury note yield, always a focus with the jobs number, check out yields there. We have been seeing a downtrend as of late 2. 12 the last trade there holding relatively steady. This could be a big mover if we get a big or disappointing jobs number thats true we have about 3 1 2 hours until we get that jobs number. As we begin a new month of trading, lets check out the august score card. The dow and s p finished higher to extend their winning streaks to five str ....
I feel good about it. Steph and i talked before the show ive tried to be cute at times, did in the beginning of september, if you remember i thought the market had a lot to overcome from a trading standpoint you have put a small position on, but listen, this is a market that punish eds you. You need to get out quickly to see where we are today i love whats going on with technology the software play is the play that i have. Its the the three big names. Its microsoft, its s. A. P. , its red hot, and im not looking to get out of any of them. Steph, you know, we mentioned mike wilson who is the the gentleman we were alluding to at the very top of the show i of Morgan Stanley. Sat right here hat the desk recently saying theres greater risk of a correction than hes seen in a while. Points to the Balance Sheet reduction from the fed uncertainty around the next fed share. Negotiations ....
No part 2 of storm is taking shape and headed this way. Lets check that forecast. Heres chief meteorologist jeremy reiner. Yes part one closing the books and moving out region we got rid rain earlier this evening in boston still a couple stragglers on to cape islands. Beneficial rain again were in this drought. It will take several events like this to help us get out of the drought. It wont over after the second batch of rain tomorrow. Where that is second batch of rain. Here it is right here. And earlier this evening it was taken on form of tornadic thunderstorms. Thankfully for us were not concerned about severe weather. We will take the rain though. And here it is moving across tennessee and kentucky. Still has a lot of real estate to cover. So, that means your morning commute will feature some clouds. Some patchy fog. But no rain tomorrow morning early. Temperatures in upper 40s. By 9 oclock there could a couple isolated sprinkles but i think the main event like today is the aftern ....