It is a big bet disney is starting off slow with the Magic Kingdom and animal kingdom, two of its five orlando parks with limited capacity. This is a very big deal for disney to start the staged reopening of disney world after closing both of its domestic parks on march 14th. Yesterday it started reopening downtown disney. Thats the outdoor mall by its anaheim park it mandated masks and social distancing there this is an important moment for disney parks and resorts which last year was the largest with Revenue Generating about 35 of revenue in 2019. Its estimated disney lost more than a billion dollars between april and june at those domestic parks because of those closures. The opening of disney world will be a key test of what consumer demand for the parks could look like especially since disneys orlando park sees more traffic from out of state visitors than the california parks which are smaller. Obviously the anaheim park has less guests that stay overnight where orlando has a big
California also dramatically rolling back. Indoor dining and bars across the state. Staff to asking retail work from home as the company forces more Stores Across the covid19. D shipping joining us to break it all down and talk about how this hit the market today, Bloomberg Markets reporter Abigail Doolittle. Talk to us about what drove the drove higher than sharply them back. Abigail a big aeration reversal having not so much to do with the virus. 500, the s p p 500, the highest level out of the air market. The bigger show was for the tech space. The nasdaq at one point up more than 2 , closing down more than 2 . Those indexes so tightly wound, record high after record high, including today. Overbought, overextended. There were also some headlines out around the u. S. And china that seemed to help the selling pressure continue. With that, we had bonds trade higher. If you take a look at it on the day, netflix a perfect example. Today, earlier today, netflix had been up about 4 , closi
But you have to think of where we were and even with todays selloff, it is not really affecting all sectors. In fact more than half are still up. The fact of the matter technology, we just cant seem to pause even for a nanosecond, continues to advance. Well go over all of that, including things that could be weighing on stocks, including some extended shutdowns and restrictions everywhere from texas right now, what is going on in florida as well. Then there is hope on the virus front. That of course is something that is not seen all the time here but on the vaccine, more to the point of the virus, we keep track of this thing. There are about nine premier offerings or combinations being touted by various governments or biotech concerns of that, that are promising everything from an antiagain, quickly can tell you whether you have the virus in matter of minutes all the way up to vaccines potential curse that could be available soon as end of this year. The u. S. Investing a princely sum
California and if you know the over at broadway, damage at the show glee you know who we are guard rail and chp is still talking about. There. Naya rivera disappeared after thats why i call it out, again. No problems. Crews clearing from oakland. Swimming in ventura lake. Ill send it back to you. Her 4yearold son was found alone on a pontoon boat that she breaking news out of south rented. It is believed she was not wearing a life jacket, although crea a korea and the search in seoul for the mayor. Her son was wearing one when he was found by other boaters. Looking for mayor park wonsun deputies do not suspect foul in the area where his signal was play and have interviewed her son about the incident. Hes just 4 years old. Last detected. His daughter said he never showed up for work today. Riveras disappearance the park is now in his third term. Latest in a series of and breaking right now in highprofile incidents involving cast members of the former tv Southern California, the search s
Good morning, i am pam cook. Thank you for waking up with us this morning. After checking with steve paulson, i can already tell, the air coming in the window was a little warmer than it has been. Pam, i went upstairs, it is not cooling off. I agree with you on that. There is out there. Oh my gosh. We are going to be hot. Inland, yes. We have a good fog bank coming over the city. 70s and the city. That is a lot of fog. We will stick with this for now. There are plenty of clouds around. Temperatures will jump up. It is building up pressure from the desert southwest. I was playing golf yesterday, a nice gentleman was there and the wind was howling. The temperature went right on. We have a repeat of that again today. Q157. West southwest add 12 miles an hour. The onshore breeze right there, 40s, 50s and 60s here. This is mainly an inland event. It is not a custom event. Plenty of low clouds for some. It can stay there, and temperatures will be above average. Inland temperatures take the b