Live Breaking News & Updates on Rochester District Office
Stay updated with breaking news from Rochester district office. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Odonnell good evening, odonnell good evening, and thank you for joining us. We are going to begin with breaking news and another sign of how dramatically and quickly a new wave of Coronavirus Infections is sweeping across the country. Tonight, the nations Largest School system, new york city, says its closing all of its schools, sending more than a quarter of a Million Students who had been in classrooms back home for Virtual Learning tomorrow morning and creating chaos for working parents. That abrupt decision comes as the infection rate in new york again. Nce the epicenter of the and while clo pandemic, is rising once again. And while closing schools might be one of the largest indications of just how dire the crisis is becoming, it is far from the mos ....
Down days for the markets. Right now s p down by about 11, dow by 96, nasdaq off by about 47 we were so close to you dow 30,000 earlier in the week, but that seems to be slipping away a little bit 29,400 and change is where the dow is right now and again, down two days in a row, down again this morning and after yesterdays declines, all three of the major averages are in negative territory for the week a lot of things happening with covid and well talk more about that in a moment, but some of those concerns creeping back into what you see in the markets. If you are looking at the treasury market, the yield on the ten year right now is sitting just at about 0. 852 and the vix also spiking yesterday, probably a little bit on concerns about what happens as we go back into some of the lockdowns. The seesaw of good and bad news on covid. And well give you a bit of good news that happened overnight in the vaccine wars developed by the university of oxford and astrazeneca found to be safe. An ....
Some signs of nervousness is also showing for the banks. Bonds are rallying a little bit so that means yields come in and that weighs on the bank so thats a little bit of a pause in the cyclical rally. How does the market really react to what the economists are seeing . They say we will be good in the second half of next your but have a really tough spot between here and there. Have the markets price that in . Abigail the markets do not appear to be pricing it in all that much. As you know, some of the longer term charts are starting to show the possibility that equities in particular are stretched and there could be some sort of sharp pullback for the end of this month or the beginning of next year. That could very well reflect the air pocket the jobs report for november is very disappointing suggesting december and january could be worse. It appears theres some sort of awkward middle ground in the First Quarter of 2021 and maybe ....
Mayo clinic is an american institution. It is at the heart of our country in many respects. It is the worlds first and largest private Multispecialty Group practice. That is a big, formal term. It means it is specialists working together in a highly organized way, devoting a whole range of unique, diverse talents for the sole purpose of serving each individual patient. It is a model that the mayo family developed with the franciscan sisters that has expanded and grown to other Medical Centers and has welcomed patients from all over the world for more than 150 years. This is Heritage Hall, the museum of mayo clinic that was established with a generous gift from john and lillian matthews. Mr. And mrs. Matthews are loyal patients of mayo clinic and they had a unique vision. They said we want to add more voices to the c ....