Partnership with the new england journal of massachusetts. Here we are days away from the close of 2020 and we are at an inflection point. While the news around vaccines are promising the daytoday headlines are as grim as they have ever been. An american is dying of covid19 every 90 seconds and we have recorded 4 million new covid19 cases in november and more than 1 million cases in december just nine days into this month. Covid19 has just passed Heart Disease as the number one killer of americans. As of this morning more than 286,000 americans have died due to covid19 and in just one day, just one day yesterday, we lost 2600 of our fellow americans to covid19. To put those numbers into context we are experiencing a tragedy on the scale of pearl harbor every single day, right here at home. From an Economic Security standpoint we are facing the greatest threat to Value Creation since world war ii. If there were ever any doubt about the seriousness of this virus these facts should cast t
Im becky quick along with yoe kernen and Andrew Ross Sorkin. As joe mentioned, we are seeing green arrows today reversing a lot of the losses that we saw yesterday. Yesterday the dow was down by 317, this morning it picked up 272 points in the futures so far. Also the s p up by about 32 after it was country down by 1 yesterday. And nasdaq up by 95 this morning after it was down about 76 points yesterday yesterday was the worst day of the month, but there are crazy good numbers dow up by 10 for the honesty to da month to date and nasdaq is up 7 for the month of november so far too. Also lets take a look at the treasury market. The ten year note is sitting right at 0. 896 . So back below 0. 9 , we had flirted with the idea of seeing it finally hit 1 , but it is not there yet. Andrew thanks, becky as joe mentioned, president elect joe biden has nowofficially won the state of arizona, nbc making that call late last night. He is the first democrat to win in arizona since president clinton b
House. And banks ahead of a slew of earnings reports today jp morgan and citi tomorrow before the open. 59 minutes left in the session sara and we are higher across the board. The banks stocks up close to 3 for some of them 3 up for the nasdaq. Best day for the nasdaq since april. Coming up, the ceo of ho logic plus we will speak with the council on Foreign Relations richard haas about how the handling of the pandemic in the United States is being viewed by the rest of the world and how it influences geopolitics first an update on the stories we are watching. Mike mike tracking the market action, ylan moi with the latest on the stimulus negotiations and more on the coronavirus treatments mike, what is driving this rally . Good question is it possible to have a low volume buying panic . Thats a little bit what it feels like today certainly the nasdaq doing most of the work. The big cap tech stocks. Look how it aektsds affects the 17ds it looks like an acceleration higher out of the trad
See in oil or gold. Maybe things arent all that bad in the underlying real economy, particularly when it comes to china. Coming up later in the hour, we l look at out the china look at the fallout of chinau. S. Tensions. Adc drama is intensifying. Avestors weighing contentious battle over the now Vacant Supreme Court seat. We want to bring in chief austin correspondent Kevin Cirilli for more. What do investors need to watch chief washington correspondent vin cirilli for more chief washington correspondent Kevin Cirilli for more. What do investors need to watch for . Kevin this is going to take up all of the oxygen in the room before the election. Things like fiscal stimulus, continuing resolutions, other potential nonpartisan issues to likely get across the finish line before the end the month, all of the focus instead is going to be on the Supreme Court battle. Judge amyont runners, coney barrett, as well as barbara le goa barbara lagoa. He says he wants to pick within the next couple
Pay for themselves and tickets. We dont know why you dont do enforcement. What is the sfmtas opposition to enforcing the regulations that are here to make traffic work rather than letting it be a free for all. If you want to snow slow streets suggestions talk to us, weve got ideas you could use right now in soma. We have no slow streets and we would love them. Thank you. Thank you. Next speaker, please. So speaker, if you can start talking. My name is brian and i walk San Francisco vision zero organizer and member of the senior and disability workgroup. We really appreciate all walk San Francisco all that you are doing to keep us moving safely, specifically thank you for this work to speed up muni service and the transit only lanes and so we can actually keep levels high and we know that this is critical not only for public and the pandemic but also for publichealth related to the citys vision zero goal and in terms of ways making it safe to walk we appreciate the slow Streets Programm