High just days after sinking to near 16,000. One market watcher says he knows a bubble when he sees one. And what starbucks is doing to support frontline workers for the entire month feel good trending story of the day on this tuesday, december 1, and this is worldwide exchange. Welcome from wherever in the world you may be watching. Thanks for joining us on this tuesday. And welcome to december. After 42 months this year, we made it. And here is how your money looks. Stock futures are in the green not by a lot, but they are higher nonetheless you know what . I stand this is the kind of time where you like being wrong. You look at the futures literally, i dont know, ten minutes ago, 15 minutes ago and they werent doing that much now you have an implied open up 350. Wow. Remember people roll in in the mornings futures, i dont want to say they are worthless, but they do evolve as the morning goes on as more traders in the u. S. I would say get into their offices but now i would say just
Vaccines. Virus deaths hit a record in the u. S. And in italy. And finding a compromise, opec agrees to slowly add more oil year after days of tense talks. Saudi arabias Energy Minister called the process of excruciating. Welcome to the program, everybody. Welcome to the European Market open. It has just gone 7 00 here in london. German factory orders rising 2. 9 month on month. The estimate was for an increase of 1. 5 . That was better than anticipated. Factory orders arising year on year, 1. 8 . The estimate was 0. 2. We have seen a continuation of growth coming through. We will see what momentum is like in the further winter months. Another story out of germany, potentially more interesting, perhaps. Germany has agreed to extend a to preventr bankruptcies as the economy is hit by the second wave of the pandemic. Germany is extending its 37 billiondollar backstop for Credit Insurance by another six months in the month of june. The industry will surrender 60 of remittance to the gover
In a year like no other, its a black friday like weve never seen before. The pandemic has many people staying home. Im ama daetz. Im dion lim. While black friday isnt what were used to, there are still lines to be found at malls and some people did brave the cold, some for as long as 36 hours to snatch up some of the most popular items. Liz kreutz was in dublin early this morning when the doors opened. Reporter when the doors of the best buy in dublin opened at 5 00 a. M. , there was no running, no pushing, no shoving. It was peaceful. There wasnt any rushing or craziness. Reporter like so much else this year, this black friday felt different, much calmer. Still, some people did brave the cold to wait in line. Sky 7 got this video from the livermore outlets and here is the doors opening at target in dublin. Friends jaden and mossy got to best buy at 4 00 a. M. 287 for a 50inch. Great deal. Reporter these guys were hoping to get a playstation 5 and werent the only ones. The game stop in
Amd to buy xylinx. Is there more room to run on amd . Well explore that one when power lunch begins right now earnings season is supposed to be a report card for companies. Lets go to bob pisani for more on this lack of guidance bob . Kelly, once again, the Fourth Quarter, another quarter with the lack of guidance its a bit of a problem because the analysts again having a hard time figuring out what the right numbers are. Remember, the earnings numbers have been coming in very well, generally weathering but again, big companies, no guidance from caterpillar, 3m, xerox, Stanley Black and decker. Others like Harley Davidson didnt give guidance either. Raytheon, corning. No guidance from companies. Analysts have a tougher time and theyve been very conservative and wrong so far fortunately wrong on the conservative side. Look at all these companies out there. 83 are beating for the Third Quarter and theyve been beating by almost 20 . Its an amazing beat and shows you the analysts have been
Kamala harris. A good morning to you on this tuesday morning. Terrific tuesday, as i like to call it. Thank you for joining us. Im marcus washington. And im chris santos. Im in for laura garcia. This is the first week back to school for a lot of kids. Usually the forecast is a really big deal. Do you need a sweater . Do you need to wear long pants . Carrie, were learning at home, but we still need to know what the weather is going to be like. Right, and we have breaks in between so we want to get outside and enjoy those breaks with some fresh air. Lets get a live look outside in san jose as we start out this morning. The skies are clear, and as we check out our High Temperatures for today, some mid80s for the south bay, so its going to feel nice. Mike, how is it looking for the Early Morning drive . Its looking great, kari. You talked about the south bay. Well start with our view of silicon valley. The freeways are moving nicely. I was zooming in toward eastbound 237. There was a crash