Most like to buy hell join us with that in just a moment power lunch starts right now welcome to power lunch. Im dominic zchu. The Energy Sector is leading the market higher and up around 16 for that sector, its best week ever, ever historic levels. First, its a long, long 2020 for the group here, still down 45 for the year overall take a look at two of the big earnings winners youve got cisco up more than 6 and disney off the highs but still up 2 as its streaming service passes 73 million subscribers. In just the past two weeks, the dow is up nearly 11 for more on the markets now, lets go over to bob pisani with the latest bob. Hello, dom. This week has been about the rotation from growth and momentum into value and cyclical stocks, and thats playing out again today, very similar to what happened in the other four days just take a look here. Good day for energy stocks, good day for bank stocks, good day for industrials. These had great runs this week ener energys up 16 , banks up 12 ,
This is kathleen from minnesota. Good morning. What is the state of Small Business in your Small Community . Everything is drivethru, but you cannot go in and sit down and eat. Its at disney had 30 two thousand jobs, so everything brickandmortar, you have to wear masks if youre going into the store. We are barely hanging on. The United States department of agriculture stopped giving out School Buses School lunches out on the buses. Host as we look at the state of Small Business including mississippi, what is your message to washington at this point . Where is Mitch Mcconnell . He put the bill on the table to be passed and he left town. Nancy pelosi put up the heroes act, and nobody is talking about recession. Nobody talking about people in the hospital that need ppe. This is dire. Just sitting at home ever since january of 2020, when the first covid19 came into mississippi. Ost thank you we want to hear from Small Business owners, employees, shoppers, folks like kathleen who live in mi
Scientific community. I think thats a bit of an overreaction. Now at 9 Governor Newsome announcing stricter measures today across the state after a troubling increase in covid cases and hospitalizations also tonight the governor has floated the possibility of a statewide curfew lot of people are talking about that as we say good evening, thanks for being here on kron 4 news at 9 everybody, im grant lotus and im Vicki Liviakis today Governor Newsom announced that he is pulling the emergency brake on the states efforts to reopen our economy. As coronavirus cases surge more dramatically than they did during the summer spike and this comes as daily covid cases in the state have doubled over the last 10 days, 40 counties today were ordered to take at least one step back in the states tiered economic reopening system prompting businesses to depending on the county, the rain further limit indoor capacities. Take business outside or shut down altogether by tomorrow. My top priority, moving in.
Going to feel it not only going to be the rain were going to see some strong gusty winds as we get a real cold front that is headed our way tonight though even today was kind of quiet day out there. We have lots of sunshine we have some warm temperatures tonight starting to see some clouds moving in the winds begin to pick up along the coastline. Thats the first hand some changes on the way but today you can hardly tell were talking about a storm off the coastline. Weve got 70s mid 70s in oakland 74 in san jose and 71 in santa rosa, but everything is about to change look what off the coastline is this area of low pressure deepen this ridge was able start to strengthen across park, the west coast, but its moving quickly now and were starting to see that little swirl off the coast that is live in our direction. Thats whats going to bring the rain right now tracking your skies were not seen any raindrops just yet most of us just high level clouds out ahead of the main cold front. Its not
Warning that the county is very close to hitting this mark. Some businesses are especially concerned about that curfew bars like the sycamore in the mission say they depend on those late night customers for their bottom line. The workers there say if theyre forced to close at 10 oclock and set of their regular time at midnight. It will hurt even more. As jeremy. Our business is already down closing early or would it bring us even further down its terrible, however i get it its its a good thing i just wish people stan cider. Can be saved. It would have to go through this again. So under the curfew folks will still be able to do a central activities like walk your dog. Pick up takeout or do some Grocery Shopping as well. Now we have seen more than 3 million new cases in just the month of november alone about one quarter of all the u. S. Cases since the pandemic began more than 256,000 people have also died from this virus. The virus is spreading all across the country, including here in