Use authorization its covid19 vaccine. You can see pfizer punching up about 1. 7 at the moment. Remember that were looking at a comeback perhaps late in the day, in the next 59 minutes, because that is the dow had fallen 430 points, now we are down just 116. Any gain for the s p, the russell or the transports means another record. Were not there yet right now. The nasdaq up 9 points. Fed chair Jerome Powell also giving markets a boost by calling on congress to get moving, already, on a new stimulus package. Former chair of the council of economic advisers under george w. Bush and now Columbia Business School emeritus dean, Glenn Hubbard is here on whether we need it, how big it should be and how worried he is about the precarious recovery. The ceos of facebook and twitter forced to run the Senate Judiciary committee gauntlet on capitol hill once again. One senator equating the social media sensations as quote, modern day robber barons. The ceo of whats being called the antifacebook is
Year. Just this week then your Governor Andrew Cuomo defended his mandates. This Holiday Season is the problem, this is not a political issue, this is not a normal thanksgiving, keep your children home, close businesses, stay home, stay home, stay home. Gerry i think you got that message loud and clear, many businesses the next few weeks are usually crucial for the ability to thrive or survive, we spend a disproportionate amount of our income on this. Every year, but its coming at a time when the coronavirus maybe hitting the maximum spread and a few months before the widespread availability of vaccinations. Companies especially small firms that have been entered badly damage now face potentially exponential threat, we will take a detailed look on how the pandemic and the lockdown has affected key sectors of the economy and what future there might be when this is all over. Consumer spending accounts for more than two thirds of total Economic Activity in the u. S. And its been hit hard
Friday deals kron 4 Sarah Stinson caught up with shoppers this morning. And has this report from dublin. Im reporting at best buy at haas crossings in dublin with their husband. No line shoppers on this black friday have been able to get the good deals without the chaos of all these years it seems like its actually. A normal day and i like because not many people what im looking to get. Electronics and we were out here very very early up very early so that we into subpoenaed lines, no lines lots of great service, lots of help a lot of people bought big flat screen tvs ipad security cameras and more dont want to tell you a lot about what it what it is kuz will be spilling the beans a Christmas Gifts best buy prepared for big crowds putting up these crowd control barriers that ended up not being used but that wasnt the case down the road in livermore at the San Francisco premium outlets weve been uses like to in the people got there early in lines formed at retailers like gucci at 5 in t
At tray Glen Astrazeneca on the defense after critics say it failed to give an update on patient data on the vaccine trials. Futures after markets were closed for the thanksgiving holiday, they are in the green as you can see, dow jones 54 in the premarket. Weve got a lot to talk about today with wall street. Were going to have a half trading day today, markets closing at 1 00 p. M. Eastern time some good news to show you, nice gains there, the nasdaq is in record territory as the dow is looking to crack 30,000 once more today after the index crossed the milestone earlier in the week. Ruling on religious restrictions, the Supreme Court telling new York Governor Andrew Cuomo he cant put a capacity limit on houses of worship. Were on this story today. Plus, it is black friday, its going to look a little bit different. Retailers going with the shift to online sales as brick and Mortar Stores are rethinking foot traffic this year. Mornings with maria is live right now. Its a brandnew day.
Eating that thanksgiving lunch in the backyard. Sonoma and napa will be some of our breezier spots also fairly breezy unconquered livermore in san jose. So again, its still good weather to get out there and just want to anticipate the potential catches that is strong wind could provide for you. Now skies will remain beautiful unclear a very quiet picture in radar not just for the bay area. But all a quiet across the region even the Northern Tier of the state right against oregon, which saw a few isolated showers yesterday has really cleared up today, 30s 40s and 50s depending on where youre at san jose youre at 41. Now you were in the upper 30s earlier palo alto in conquered egypt, 39 degrees currently along with cloverdale well petaluma and nevado as well as napa each in the 50s a lot of wear your temperatures at right now depends on the winds that youre seeing napa and santa rose or so much warmer than yesterday partly because its a breezy morning for you. Well oakland, a little bit