Well have a live report on that. President obama says Americans Care more about cheap gas than they do from the environment. Well hear from steve moore, whether this was a cheap shot. All that and a lot more on making money. Stay tuned. David its a huge market day. Nasdaq hitting alltime highs once again today after surging more than 10 last month. Vaccine hopes stronger than expected Economic Data and rumblings on capitol hill of a bipartisan covid relief bill are boosting market optimism. Joining me two markets experts to break it all down for us. Bellpointe chief strategist, david nelson. Great to see david again. And nicole webb. Let me start with the big picture. We didnt mention the fed announced, frankly nothing moves market more than free money. They said essentially there will be a lot more free money as long as they dont see any signs of inflation, the money printing will go on ad infinitum to pay all the bills but we still have a fear in the market of a more antibusiness, at
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 ,
Plus how a local group is hoping to change black friday to better help underrepresented communities. But we think conversation alone cannot be the answer. We need to start taking action and action is where true change happens. Tonight President Trump says that he may have to leave the white house, but he is far from conceding. But our top story now at 11 00 and streaming on cbsn bay area concerns tonight over the possibility of another covid surge as we take a live look at San Francisco on this thanksgiving night. Good evening. Im Andrea Nakano in for elizabeth cook. Im brian hackney. Ken is off tonight. In the past day california reported month are than 14,000 new cases and 104 deaths. The sevenday Positivity Rate is up to more than 6 depending on whether or not people followed Health Orders today, we could see another surge in cases the next few weeks. Kpix5s betty yu talked with doctors who are now preparing for the worst. Thats right, brian. Doctors say the spread of covid 19 on th
Our hands in the air and enjoy the ride. There is nothing else we can do. They also permitted the opening of museums, zoos and will be theaters. Now at 11, the extreme heat is over but now there is even santa cruz also moved into more smoke. Tonight, how long is this going the red tier today. And the Tiburon Police chief to last . Its horrible, we Just Announced he is leaving. Are just waiting. Thousands in the bay area still in the dark. Chief Michael Cronin is retiring after 12 years, the news comes after this confrontation between a police but Small Businesses are officer and black business feeling especially powerless and what pg e said a few hours owner. The officer questioned the man inside his own store and ago. Santa clara county gets the news its been waiting for but some parents are saying enough demanded to see that he did already. Its just not cutting it, its not indeed on the store. The town manager said the chief working. Taking a live look outside, now at 11 and had beti
But Small Businesses are feeling especially powerless and what pg e said a few hours ago. Santa clara county gets the news its been waiting for but some parents are saying enough already. Its just not cutting it, its not working. Taking a live look outside, now at 11 and streaming on cbsn bay area. The fog has rolled in with a vengeance tonight. There was so much smoke out there you couldnt even see the sunset tonight from San Francisco. Paul heggen is here, and the marine layer is coming in now, finally, is it doing any good at all . It does improve the air quality where it makes its way inland. But of course that will not be the entire bay area. You can see making its way across the bay but still that air trapped in place in the tri valley and Santa Clara Valley as well. This will be the challenge we face over the next several days, getting the atmosphere to mix around enough to disperse all the smoke in the air. Its pretty deep in the atmosphere right now. Air quality tomorrow, trou