And hollywood welcomes the new billionaire as tyler perry joins that club. It is september 2, 2020. You are wauctching Worldwide Exchange on cnbc. Good morning and welcome. Here is how your money and markets are setting your day up. Opening higher by 212 points, weve seen upside momentum in about a half hour. S p implied higher by 30 points and nasdaq by 156. That bull run continues for u. S. Stocks this is all after the markets kicked off september led by a high note and what else, technology stocks. The dow adding 214 points. Now 3 off its record high that number 29,568 you can see now, 28,645 is where the market closed. The s p 500 hitting a new alltime high. The gain is about three quarters of one percent the best day since 2010. Also hitting another alltime high, the nasdaq moving closer to that 12,000 mark you can see 11,939 is where we closed yesterday looking at the bond market 10year yields around. 69 twoyear note yields. 137 and 30year at 1. 378 . Going to Julianna Tatelbaum
Phase four stimulus package of some sort or another two of the most beaten down sectors of all, energy and financials are todays best performers how about that well have more on that big move lar later, one pandemic thats surging. Scotts miracle grow we tend to our gardens stocks are staging an epic rebound. Lets get to dom on more of this midday comeback. From tylers kitchen to the main set to where you are, to behind me, we have the dow its green its not as good as it was the s p 500 slipping slightly to negative territory the red over there at the lows down about 458 points at the opening bell at the high, the green you saw in last hour we were up about 260 odd points there. Thats the intraday moves. Meanwhile the laggards, youve got industrials and real estate. If you look at the stocks that are really leading the charge, check out some of these. You can see wells fargo, capital one on the financial side of things as some optimism returns about maybe some Consumer Spending and pion
Covid19. There are 265 coronavirus deaths in the state. And 11th staff member tested positive at San Franciscos laguna honda hospital and increases the total to 14. The governor said california delivered more than 41 million n95 masks to Health Care Providers statewide. Now, Governor Newsom announced today that labs across the state are beginning to catch up with the enormous backlog of unprocessed covid19 tests. The state among the worst in the nation with 59,000 people waiting for their test results. 13,000 are waiting for results, so we have substantially reduced that backlog. A lot of that had to do with the commercial labs stepping up and we congratulate them for their good work. Newsom ams announced a new task force to help ramp up testing in california. He said that stanford has developed a blood test for covid19. Newsom also announced a new web site where people can post medical supplies that can be donated or sold to support californias response to the virus. Governor newsom i
Govnostrated but the local communities have said, taking mteages. Hey, we dont have enough ourselves together and in this instance the states normally [ crowd chanting ] that would help one another cant because theyre all nursing sounding the alarm. We as nurses cannot do this looking to help themselves and so its compounded this problem. And, of course, thats why the on our own. National stockpile exists. Its a National Stockpile, not a doctors and Health Care Workers desperate for equipment federal one. To save lives, including their own. So when he says we have the makeshift measures theyre our we need these ventilators for the federal government, they have their state stockpiles, forced to take in the battle against covid19. Does that make sense to you . Short supply. The unproven medication that what would he be using it for at could be a possible treatment a federal level . Doesnt this country doesnt it consist of states who are for coronavirus promoted by the president now facin
In coverage throughout the day by today. Some showers, a lot of great sky from the Golden Gate Bridge with 47 in san jose, 46 on the peninsula. It is sunny, 21 in truckee, 31 at the top of valley airport, 43 today with a winter storm warning for the weekend. Our exploratorium camera looking at the showers beginning in the next hour or so in the city, then traveling to the Central Coast. Its a rainy afternoon on and off. By 4 00, we still have scattered showers. A bit of a break in the later afternoon with our level one system. Then the cold sector of the system comes in tomorrow with heavier downpours. We begin with the brandnew numbers overnight. There are more than 3,200 confirmed coronavirus cases in the bay area and Santa Cruz County with 86 deaths. Sonoma county is reporting five new case, pushing their total to at least 105. Santa clara county continues to be the hardest hit with more than 1,000 cases. San francisco and san mateo counties are closing in on 500. Mendocino, four co