To work our way through. Let me start with the Michigan Consumer sentiment index. Headline number coming through at 76 point nine, broadly in line with expectations of 77. Current conditions at 87, i had of expectations. At 75. Tions youve got the difficult situation i think the consumer has got to figure out. Do i worry about the here and now and worry about the impact the virus is going to have over the next weeks and months, or do i think about what the vaccine is ultimately going to deliver . Like the markets, i think the consumer is probably having to balance those factors out. Kailey i want to point out housing data as well. The Housing Market has been particularly strong. That does continue. A pace of 909,000, versus the estimate of 975,000. We are getting october personal spending data, and for more on that as Bloomberg International economics and policy correspondent Michael Mckee to break it all down for us. Michael michael it is may the most important number of a lot of numb
Airlines tiktok bids moving walmart is now in the mix. Yes, walmart and that stock is up 5 . Microsoft up 2 . A record close watch for the s p 500. At least 59 minutes left of trade. Anything positive, jon, for s p and nasdaq as we go into positive territory with the new records . Once again. And coming up on todays show. Two key reads on the state of the recovery in america. Well speak with the heads of Regal Cinemas parent cineworld and ihg group about safety and demand in light of the pandemic. And counting down to big earnings after the bell, including dell, gap, hp and more well bring you all of those numbers as soon as they hit. Now straight to the big stories we are watching today. Mike santoli is tracking todays volatile Market Action Steve Liesman and Morgan Stanleys chuten aya are here. And ylon mui has details on the new rapid covid test and bank of america is calling it a gamechanger. Start us off were extending up into record territory a little bit erratic fashion the mark
But im good and im back. Tom we are thrilled that you are back, and this illness is something, whether it is the flu or covid or whatever. Betsy grace at Morgan Stanley yesterday, and she said she is focused on the original moment we had in earnings yesterday. We will see that with j. P. Morgan and wells fargo. As you mention in your opening, the major thrust here, country to country come is on lockdown, and if and when anybody can really wish country to country, is on lockdown, and if anybody can relinquish the quarantine on society. Francine we will have a full round down rundown on the possibility of a vaccination, but we are nowhere near that yet. We also have to look at antibody testing. Lets get to the bloomberg first word news in new york city with viviana hurtado. Viviana President Donald Trump hopes to reopen the u. S. Ahead of schedule. The president saying within days the administration will issue guidance for governors who want to relax social distancing practices. The pres
Confirmed cases of the infections pushing the global coronavirus nationwide and the total over half a million. Number of cases continues to china has the highest number rise in california. According to the latest numbers followedly italy and then the from Johns Hopkins university, United States. And governments scrambling to there are 3200 case in the state and 1200 in the bay area. Contain it. The latest from london. Were looking at where you youll likely see the numbers guys are coming from. Continue to increase as the reporter more than 2. 8 testing ramps up across the billion people under travel restrictions as the governments state. Try to contain the spread of the lets look at the coronavirus outbreak county by county in the bay area. A second person died in San Francisco and the city has 223 coronavirus outbreak. There are 500,000 kiess in more than 100 countries. Confirmed cases. Santa clara county has the most Health Care Systems in spain, at 459 cases. And the total of 17 dea
Student loan payments are moved too far away. Suspended and interest is set to it will keep us with the rain zero during the next two months. Chances going at least into this the u. S. And mexico have evening, possibly into tomorrow as well. But the overall trend will be agreed to suspend nonessential for things to dry out. Travel across the southern if you have the nbc bay area app, you can actually get border. That means that anyone who tries alerts, if theres rain to enter the u. S. Without proper documentation will not be let approaching your location. Youll need that, especially on in. The restrictions are similar to sunday when the next storm those put in place earlier this system comes in. We can see that here as we get a week between the u. S. And canada, something the president wide view of the satellite and highlighted in todays update. Put a big arrow on there furthermore, mexico is taking pointing out that storm that will be making it in as we go action to secure our own to