Highs. Coming up a busy news day, and a series of big interviews as well. The ceo of gap, jonah snngal, her first interview since taking the job in march talking about the post covid lavin escape and the partnership with kanye west. Plus we have patrick frisk with his partnership with steph curry. We will discuss the fierce competent anything footwear. And salesforces deal to buy slack is expected to be announced today after the bell we should get those details. And sales details also out after the close. Looking forward to that. Slack up a little bit today. Lets get to the Market Action mike santoli is tracking it. As stocks moving higher but off the highs of the session. For three weeks they have been mostly sideways around the recent highs right now we are a little less than 1 above the intraday high from november 9th. Est that was the day the election was called. Then you had the vaccine from pfizer that was right in here intraday high. At a record. 67 above the march 23rd low righ
Want action to stop the virus fallout. Nato calls for International Cohesion on security. Consumer Price Inflation breaking out of south korea. We are seeing month on month deceleration of. 1 . The deceleration, though, is easing from the previous month when we had been pulled down and undershooting Inflation Numbers because of subsidies from the government. Also we are seeing acceleration of 0. 6 when it comes to the euro. Slightly missing estimates, but when you seek out fresh food and look at the core cpi numbers, it is still growth of 1 . Of course, we still have some spare economic capacity in south korea, but remember the Third Quarter final gdp numbers actually beat expectations, and still, Inflation Numbers are very much away from that target coronavirus pandemic raging across the world. Haidi we have just had the beginning of the testimony of the rba governor, appearing before the Economics Committee today, so be watching out for some of those, particularly regarding news on t
Super super super cold and the other is just really cold. To stay stable pfizers needs to be stored at 94 degrees. But during us at 4 what that means is that we cant just put it amazon box or put it take it to the post office and mail it out to walgreens or cvs or pharmacies to distribute right now only certain facilities are equipped with Proper Storage like hospitals or Research Facilities so keeping these vaccines extremely cold while transporting them to far away places like oklahomas rule communities poses a real challenge the last thing you would want to do is get all this effort to make vaccines and then have it be natured not working because something in shipping storage but doctor shocker of art he says other vaccines in the pipeline may not require such special storage and those could be promising for those rural areas there going to be other available hopefully that dont state and federal leaders have a lot of details to work out identifying facilities that have the storage
That are doing some morning shopping just bundle up as you do so i know weve got those jackets scarves youve been wanting to get him out and that todays a good chance to use them at least this morning skies will remain clear all the way through the afternoon and really all the way through the weekend to no major changes there will be looking at dry conditions all across the west coast. Temperatures this is the biggest thing weve got to focus on san jose san mateo double in livermore all in the 30s right now 40s for Alameda Oakland and San Francisco. Look at some of these north bay taps petaluma youre below freezing at 30 degrees. Nevada of san anselmo and santa rosa each 32 degrees right now see at a pretty frigid start i got better news for your afternoon still to come. James and reyna all right, thank you john. Happening now after that big thanksgiving emails with but that might ask what did you did you have a big things got a little too much, but thats alright, lets roll out of a lo
Singapore and malaysia as well. The Peter Navarro episode, if it is any indication how sensitive markets are to the slightest hint of bad news, that tells you the story of volatility in store for markets in the second half of the year. A quick check on the risk radar. Aussie yen coming off a little bit, that tells you where we are in terms of Risk Appetite. We were closing in on 79 a few weeks ago. Brent crude, some upside. Lets get you up to speed with other top stories we are watching. It lawmakers in washington have approved a bill to penalize banks doing business with china over beijings National Security legislation for hong kong. The bipartisan measure in the senate has support in the house of representatives and needs to pass before reaching president trump. It condemns china for breaking obligations under the deal that return hong kong to mainland rule. The coronavirus has hit local trade hard with lockdowns increasing by 12 . The hike of that pandemic in april, new research th