And it is beginning to look a lot like a socially distant christmas as the rock center tree lights up and as we all mask up and get in line. It is thursday, december 3, this is Worldwide Exchange. Good morning, good afternoon or good evening and welcome from wherever in the world that you may be watching. Im Brian Sullivan thanks for joining us. Here is how your money and Global Markets are setting up their day. Futures not giving us a lot of clues. Were pretty much mixed. We had more gains for the s p 500 yesterday. Yes, another record. Your 28th of the year if you are counting at home the nasdaq 100 also hitting a new record today though, we also focus squarely on oil. Opec and its allies meeting today to try to hammer out a deal to extend production cuts through march. They could not get a deal done on monday. Today rush 1sia and other natio join the talks if no deal is made or they reduce the cut instead of extending the entire thing, oil prices and stocks could take a big hit, tha
Arizona for biden. Dow is up 191. Were going to start with disney though and a surge for shares this morning following the strong earnings last night and that enormous pop for disney plus subs. Julia boorstin is going to break that down for us hey, julia carl, disney plus accrued 73 Million Subscribers. The companys 120 million paid Digital Subscribers are a bright spot the company says suspension of the next semiannual dividend is in part to priority the direct to consumer initiatives. Its very clear what the new content has subscribers. I think youll see continued increase in investment and then that will fuel some of the growth that christine will talk about at the Investor Conference that we expect on december 10th. The company says theyre reassured by booking trends that cruise ship bookings for next year are very strong pushing to open disneys closed california parks, he called californias restrictions arbitrary. Were very encouraged by the prospect of a potential vaccine. Were e
Here in Alameda County and any other purple tier county. I spoke to the owner of the dirty bird lounge in hayward, and hes worried this curfew is not only going to cost him money, but hes worried he might lose some bartending staff. I think a lot of them will probably just go back on unemployment. Its unfortunate. Reporter eric had big plans for december. With Indoor Dining off the table, the owner of the dirty bird lounge in hayward paid roughly 10,000 to build an outdoor patio for his patrons. I was hoping to have it open the beginning of december. Right as this is all happening. Yeah, i signed a lease literally just yesterday. Reporter this afternoon, a stunning announcement out of sacramento. Starting this saturday, he and his staff will have to shut down early, cutting into his weekend hours, which is when he sees the most customers. It will probably be like a 20 to 30 drop in business for friday and saturday. The other days are already relatively slow. Reporter he owns two other
Activity. It begins the a 10 00 p. M. Until 5 00 a. M. Beginning saturday. Why the over night curfew . Those who are out during the late hours could spread the virus. We know that those who are out who might be engaging in higher risk behavior. Those infections can quickly spread to other settings. They have continued to learn a lot in the last six months about what type of people are spreading and activities they are engaged in. Its important to note this is not a restrictive total curfew. You can go to the Grocery Store after 10 00 p. M. And you can continue your usual routines like walking where are dog at night. The big impact will be the late night restaurants and bars. Another blow to the another struggling industry. Some Business Owners say they are being unfairly targeted. A popular bar in san jose. Were here at the outside tent area. The owners say they have been working hard to try to make sure customers follow the strict covid guidelines so the curfew blind sided them. It wa
Republican leader Mitch Mcconnell says President Trump is right to protest the vote cap. The u. S. Sanctions more people in hong kong over chinas increasing control. Washington has suspended its treaty with hong kong and ended reciprocal treatments on shipping. Haidi lets take a look at this market situation we are setting up for. It is firmly risk on after all the really bullish view overnight on account of the high efficacy from the biotech vaccine. Asx 200 trading higher by 1 10 of 1 . It is a handful of asiapacific markets there is or going into overboard territory. One of those is new zealand. We are seeing kiwi stocks of about 9 10 of 1 . We have the rbnz decision ahead of us this week but that market is up now for six consecutive sessions. Nikkei futures reversing pretty dramatically at the moment. Above looking at opening 25,000 for the first time in 30 years. Trading at thell highest since november 1991. A quick look when it comes to u. S. Futures as well. S p active futures u