Will it really work . The states top doctor is feeling the pressure and the resentment from many people in the community. Today he defended his decision. He said california needs to stay home. Because cases are continuing to hit record highs almost daily. He pointed to the success rate of shut downs in europe. Belgium put in a three week stay at home order. Its positive ratd fell from 21 to 8 in that time. England had a four week order. Cases dropped by 30 . He says he understands the restrictions are inconvenient. But its what the state has to do at this time as hospitals become over crowded. The goal of saving lives become threatened when the system isnt as robust and strong as it can be. To deliver care to as many californiaens as needed. Reminding everyone there is light at the end of tunnel. The first doses of vaccines expected to arrive one week from today. Hundreds of people crowded outside the courthouse today very few of them Wearing Masks to support the pastor who landed in f
One of the hottest stocks in the market, General Motors dives in and the ceo will join us in just a moment power lunch starts right now welcome to power lunch. Im dominic chu. One bright spot is the Housing Market you have restoration hardware, williams sonoma, theyre jumping and then you have trex, which makes decking and railingtype products for homes and two Retail Stocks hitting new highs, will brands a the a 52week high, target at an alltime high yet again today after its big blowout Earnings Report yesterday. And, kelly, you mentioned the electric vehicle trades tesla a the at a new high is up 20 in just this past week kelly. All right, dom. The dow sliding today and heading now for a down week. Lets go to bob pisani for the action the markets are still having a hard time to figure out on what to focus. Do you focus on the spring reopening in 2021 and Second Quarter or on the covid winter right now . Today a little more focus on the covid winter the good news is tech which has be
Busy today in Santa Clara County, especially at the fairgrounds. They had 2500 testing slots today which were all taken. And that is where we find da lin at the fairgrounds in san jose right now. Reporter all is quiet now because they close down 3 00 but ill tell you, earlier, a lot of folks, as you mentioned, coming home from their thanksgiving trip, also some essential workers as well as folks who are saying they have symptoms and want to get tested. 18 testing booth at the Santa Clara County fairgrounds. Each one with the short line of cars. Some cars contain families of up to five people. All getting tested at the same time. That is a lot of people. The line has gone so fast. Some just came back from a trip and somewhere required by work. If we are positive for covid 19 we are not allowed to work. Health Officials Say Santa Clara County has no single day covid cases in the bay area and they are seen troubling trends. We are definitely seeing our people with symptoms or have a house
Forces, have 72 hours to give up the fight. Pakistans Opposition Alliance defies. Coronavirus restrictions to hold a massive rally. Demotic Prime Minister sharon concepts down my the us says its hoping to begin a program of vaccinations against covered 19 as soon as december, the 11th. Ahead of the white house, vexing Task Force Says it plans to vaccinate 20000000 people before the end of the year. 2 vaccines are up for approval in early december, both said to be 95 percent effective. Our plan is to be able to ship vaccines to the immunization sites within 24 hours from the approval. So i would expect maybe on day 2, after approval on the 11th or on the 12th of december, hopefully the 1st people who will be immunized across the United States across all states. In all the areas where this, the state department of health will have to told us where to deliver the vaccine. , there has of course, been a surge in new infections across the u. S. , which has now recorded more than 12000000 cas
And the big week around retail rolls on, but are there any stocks out there still worth opening in the reopening trade we have some names for you on this wednesday, november 18, and this is Worldwide Exchange right here on cnbc the band subject of a little online debate that i was posting last night to my instagram good morning, good afternoon or good evening and welcome from wherever in the world that you may be watching. Im Brian Sullivan and good wednesday morning hopefully you wont need a remedy today here is how your money and the Global Markets are setting up their wednesday. Stock futures are now higher across the board small gains, yeah, but they are gains none the less. Dow futures up 64 right now. It was a mostly lower session yesterday, all the major indexes breaking two session win streaks. Hey, you cant blame the market maybe for pausing in what has been a huge surge in one of the best starts to a month in decades. In a note out on the market technicals from the spoke, the