With a new show on cnbc, highlighting Small Businesses and the people behind them across the country power lunch starts right now welcome to power lunch. Im john fortt take a look at whats driving the Market Health care stocks the biggest laggards while industrials and financials lead the way. Check out the bank names all higher tesla, the big winner. At the highs of the session, helping to turn the nasdaq almost positive, close to break even midday. Morgan stanley final upgrading the stock to a buy after a 500 gain this year lets get to bob pisani for more on these markets bob, you got me . Maybe not. Kelly, do you see what is happening with these markets i mean, were showing the sector snapshot here. Weve got s p retail is higher ahead of a Holiday Season we expect to be really strong for ecommerce and weve seen strong results this week from walmart and target yes, we do. By the way, i want to point out well, i want to point out that the dow turned negative only in the past hour or s
In june of next year. Natural gas is dangerous. Reporter rafael, who sponsored the legislation. Maybe most significantly, natural gas is a potent Greenhouse Gas that contributes to climate change. Reporter since 2010, as hundreds of coalfired power plants have closed, natural gas plants in many cases have replaced them. Natural gas produces about 40 of u. S. Energy needs. Former San Francisco mayoral candidate and activist Richie Greenburg doesnt believe california can make the transition from natural gas to all electric. The state of california does not have the ability to meet the energy needs, electricity needs and home heating through electricity at this point in time. Were not going to be relying on fossil fuels anymore in our buildings. Theres huge Greenhouse Gas savings. Theres Huge Public Health savings. And cost of construction goes down because youre not needing to install a gas pipeline. Reporter groups like earth justice cite the wildfires as a reason to move away. The sky
Hokkaido residents are also urged to avoid traveling to or from sapporo, where new infections have surpassed 100 in recent days. Officials have confirmed cluster infections outside the city. The surge in cases is hurting the local tourism industry. One hotel in a hot spring resort is suffering an exodus of customers. Translator we are suffering cancellati cancellations, not gradually, but all at once. We dont know if or when this will end. Its like being in a maze without an exit. Now, new cases also remain high elsewhere. Tokyo reported nearly 300 on tuesday. In total, there have now been more than 35,000 in the capital. As of tuesday evening, more than 1,600 new cases had been confirmed nationwide. Over 122,000 people have been infected since the outbreak began. The death toll exceeds 1,900. Nhk world nochi haruka spoke to an expert as more people stay indoors. Translator i think we can y we are in the third wave. Reporter rapidly increasing cases were confirmed throughout japan this
Data from the late stage kile of its Covid Vaccine and could reveal that data on how things work very soon were keeping our eyes on shares of southwest the airline saying it sees a deceleration in revenue improvements for the rest of the year, carl jim, well start with the balance between these covid numbers and the expectation that winter is going to be tough. But got to say some of the encouraging headlines out of curavac today saying that this might not be something we need every season because the mutation peers less frequent and more stable at basically refrigerator type temperatures. Look, im convinced that the people evolinvolved in this, i n well get good news from all these companies. Havent stopped the times. I expect good news from moderna. I expect good news from j j. I speexpect good news from glaxs behind, but astrazeneca. Here is the problem, carl, i keep thinking what happens, when do we get it when do we go to walgreens and just get it . And will everybody get it . I j
But im not going to make decisions that i think are wrong for america. New question, mr. President. Do you believe that diplomacy and sanctions can resolve the nuclear problems with north korea and iran, taking them in any order you would like. North korea, first i do. Let me say i certainly hope so. Before i was sworn in, the policy of this government was to have bri lateral negotiations with north korea, and we signed an agreement with north korea that my administration found out that was not being honored by the north koreans. So i decided that a better way to approach the issue was to get other nations involved, just besides us. And across texas, crawford and i agreed a free north Korean Peninsula was in his interest and our interest and the worlds interest. So we began a new dialogue in north korea, one that included not only the United States but now china and china has a lot of influence over north korea. In some ways more than we do. As well we included south korean, japan and