Morning news at 9. And happy monday to you im darya folsom and were going to check the headlines in a minute, but first want to take a peek at the weather and the late risers have a lot more sun in the early risers had this morning a backup yeah, thats right sorry were seeing nothing but sunshine everywhere across the b a a bay area. We had a real quick clearing this morning and in fact as the camera just here downtown san jose looking on the sunshine behind me, lots of blue skies were going to see a Beautiful Day in store for you no matter where youre going to be a temperatures out the door right now already mild to warm in some spots antioch youre currently at 78 69 in downtown oakland 70 degrees in downtown san jose 62 right here in San Francisco. But warmer temperatures are on the way ill have all the details coming up in that area. Thanks a lot of back and now to the latest with the pandemic california has become the first state in the country to exceed half a million covid cases.
You see a little bit of haven buying here today. Treasury yields pretty much lower by about a basis point across the curve, led by the 10 year. Guy in terms of the session, we are at session highs in europe when it comes to equities. 600. On the stoxx london is outperforming. We are seeing some of the hotel stocks at the top of the pile, but every sector is in positive territory. Stocks are trading a little but higher. The pound is higher. The conservative party continuing to maintain a significant lead over the opposition rivals ahead of the election, up next month. The tory manifesto over the weekend, though, in some ways does raise the risk of a no deal brexit. That is certainly not being priced in today. Weck up to 1. 29 again track back up to 1. 29 again. The Turkish Military starting to test the russianmade Missile System. They turned it on, basically. This may raise the risk when it comes to sanctions, so the turkish lira down by 0. 4 , the dollar up against this turkish lira. R
A similar story playing out in the small caps. Is all small caps driving the rally here. The big caps still in play, but remember, we had that medicines deal with novartis, pushing Biotech Companies higher. Seeingsame time, we are the Semiconductor Type companies lift the smallcap indexes. You can dig a look at the dollar, fluctuating between , ans and losses, but overall fifth day of gains in the dollar. This will take us back to another streak we saw earlier in the month. All that talk about the dollar weakening doesnt appear to be whats happening. Even on a day when the markets are up, youre still seeing people fled back into treasuries. Guy european stocks at session highs as we head towards the close. ,ealth care the primary mover adding to the upside. We are up by just over 1 . The pound is trading higher, as you can see, by 0. 6 . We will talk about that in detail in just a moment. The lira under a bit of pressure. 400y have turned on the s Missile System in turkey. That may acc
We havent seen the Biggest Development as mexico on trade yet. Nevertheless, the mexican peso weaker and above 19. Lets see where we stand before the close. Its been a positive day in europe, right now moderating those gains. 1 10toxx 600 up just of 1 . Bonds are selling off, and yields are higher. The french 10 year yield a measly five basis points. Turkish lira one to keep an eye on. Geopolitical tensions there as well with the delivery of missiles. We will be talking about turkey and lots more throughout the next two hours. Lets get straight to that breaking news, the resignation of labor secretary alex acosta. The president is speaking with alex acosta right now. We will get to those comments in just a few moments. Bloombergs and adjutant joins us from washington, d. C. Bloombergs Anna Edgerton joins us from washington, d. C. Anna it really looks like it just got to an untenable situation for acosta. He was kind of the face of this lenient plea deal that Jeffrey Epstein had gotten
Precipitation right now. The Weather Center shows you cloud cover a plenty as we go into the morning commute and theres some snow shower activity up in new york state and a little bit of this up in the poconos but around here, it has been rain so far and not a whole lot of it. Storm tracker6 live double scan shows you just some light showers and sprinkles that appear to be breaking apart as they cross the delaware bay and were you shall into parts of south jersey around dover. Organized material down by baltimore but whether or not that can maintain that sort of widespread formation as it pushes up into places like Chester County is a bit of a question and i will point out that way up north and out to the northwest thats where you get the changeover to snow but temperatures in our neck of the woods are too mild for that this morning. For example, in allentown, were still at 39 degrees, well above freezing. 35 in trenton a little cooler there. 43 in philadelphia, 42 in wilmington and 45