Recordbreaking rally after we head into a long weekend while it has been a number to remember, the best month in 33 years, the recent leaders and laggards have been turned upside down chevron leading the way and apple up only 7 power lunch starts right now hi, everybody, im kelly evans. Stocks are pulling back after this huge november rally lets go to dominic chu. A huge november rally thats put the dow at least in some catchup territory as you can see in the 2020 over the last year plus, weve seen the dow industrials just up 6. 5 in that span the s p, meanwhile, is up 16 , nasdaq up 40 . That catchup play in play right now. Watching whats happening with the rotation element weve been talking so much about, as tyler mentioned, look at the way energy has played out just over the course of the last month 38 monthtodate gains for the energy etf financials up 19 . Industrials up 17 the value and economically sensitive sectors are the ones leading the way higher in the month of november. As
Clearance. A grand reopening. Thee johnson will outline strategy today, expected to include an increase in Community Testing andriy incorrect reintroduction of tougher restrictions. Biden iselect joe said to have landed a longtime advisor as his secretary of state as the president reportedly moves closer to banning tech exports to dozens of chinese companies. 7 00 and in london, from first, and 10 00. In three weeks, there will be a vaccine for everybody and herd immunization. This is the standout note from fauci. We will vaccinate. 7 of the population. These are big ambitions. Annmarie they certainly are and the news over the weekend from the head of warp speed saying we could start in potentially three weeks, but it is only going to be december 10 when the fda looks at approval for the pfizer vaccine. You made a good point this morning, the fact this is the developed world. What remains in the developing world could be a difficult picture. Isus a question for markets if so risk on, t
Renewal noor california offering hope for those suffering. Total number of individuals in the icu, that number of 1,132 represents a drop of 1. 9 . From yesterday, one data point is not a trend, but nonetheless it is encouraging. And more positive signs, Governor Newsom says the states backlog of tests has dropped to 13,900 and the state says it will provide free or discounted hotel rooms for medical workers. Im dan ashley. Im kristen sze. In east bay a group of a activists, civil rights lawyers and public defenders calling for the release of all inmates from alamedas jail to keep from getting or spreading the coronavirus. Law enforcement says releasing inmates accused of Violent Crimes will be unwise and unsafe. Abc 7 news anchor aaron thomas is live at the jail. Eric . Reporter and those activists say a crowded jail is like a petri dish for covid19. The only way to stop the spread is to release everybody. The sheriff says not so fast. Before the coronavirus pandemic the jail was home
Novato, up through st. Helena, few scattered showers around santa rosa. And also as you get up toward the delta, dry now. That will be changing because theres a winter storm warning in the sierra nevada. Fremont, 680, the hills there looking at some light shower precip. Cold system originating from the north that will bring us a huge amount of snow in the mountains. Right now it is 49 in milpitas, 51 in santa clara mountain view. The wider picture, little fog in novato at 48. 50 in half moon bay. Temperatures are milder with the cloud cover. As we get through the 9 00 hour, we have rain from the delta, napa, half moon bay. By noontime, it is a rainy day across the bay area. The system will stall out. The southern half of the bay already rainier from the east bay to the south bay. Then you will be in the north bay. Next time we see you, we will talk amounts and detail that winter storm warning throughout the weekend. Liz . New developments thisheoniru. A second person has died in Santa
Heres lisa argen. Good morning, liz. Today is the rainier day, much colder, more scattered showers, wide pred. Live doppler 7, you can see the yellow indicating the heavier rain thats pushed through the east bay. From oakmont to lafayette, some steady rain around walnut boulevard back through the bay view and brisbane just about crossing over the bay now into south city. More scattered on the peninsula from redwood city. Ive been showing you the north bay because it has been quiet, north of southern marin county, also around san jose. Very little return there. Thats going to change, though. Well see more rain into the east bay and south bay. 52 in redwood city, 48 in gilroy. You can see this rainy view from emeryville and the sierra nevada. We have a winter storm warning through monday looking at anywhere from 2 to 5 feet of snow here. 47 in petaluma, and were look agent the rain shower activity staying with us throughout the day and hung up in a few spots around the bay. New developme