Targeted aid maybe, perhaps as much as 25 million for airlines we have details on that. Later, a democraticled house panel calling for a crackdown and breakup of the countrys biggest tech companies. The chair of the antitrust subcommittee will join us later this hour as power lunch starts right now tyler, thanks welcome to power lunch. Im kelly evans. Were digging through the fed minutes just released. In the meantime, take a look at whats leading the rally its consumer and consumer discretionaries. The house panel is going after big tech its a mixed bag but apple and amazon both up more than 2 . With markets rocketing back after the late day drop we saw yesterday, stimulus back on the table. Bob pisani has more on what were seeing here. In fact, were at the highs for the day. Were on light volume again. The volume tends to be lighter on up days than down days recently thats a sign the pain trade is to the downside. Sectors tends to be the cyclical names here banks, industrials, materi
12, maybe. And jpmorgan says dont give up on nikola. Thats ahead we start with the markets. Dom chu has that for us. Weve been on either side of the unchanged line well call these markets stable. Weve seen some fractional gains and losses fractionally to the down side. A quarter percent to the down side for the dow the s p off a third of a percent. Similar moving for the nasdaq composite. Key level to watch for the nasdaq, 3401 at the highs of the day, we were up 19 in the s p and down 18 at the lows a good amount of symmetry with regard to the trading range today. A hot part of the market is the Cloud Computing industry this etf, ticker clou, has been a massive upside mover up another 1 today. Record highs for this etf and again since the pant lows wep lows, were talking about a 116 gain one other place to watch in terms of the stock, l brands, price target upgrade by analysts at jpmorgan, that stock was given up for dead quite a time ago. Up 87 almost a twoyear high this is victorias
Of this what motivated this individual. But we have seen a very deeply concerning rise in these type of attacks. Reporter members of Community Groups spoke too. Many noting growing tension and hostility due to the pandemic and what they describe as a Divisive Political landscape. Well, there is an increase in antiasian sentiment, and that starts at the top. Reporter the commitment today for more support for the elderly, prevention, and culturally competent services. Its a crime of opportunity. You know theyre vulnerable looking. Theyre smaller. You know, theyre fragile. At the same time, you get folks that are on the street that maybe have illnesses, Mental Health issues, maybe even substance issues. Reporter in san francisco, christie smith, nbc bay area news. Tonight our Investigative Unit has inside information about the possible cause of yesterdays tragic death in san francisco. A fireman fell to his death at a training facility. Jason cortez fell about 30 feet from the top of a fi
The go see it and cease fire after 5 days of talks in geneva. Leftist candidate luis r. Say becomes bolivias new president after winning 55 percent of the votes. And record daily numbers of corona virus infections are reported in the us and europe as governments around the world struggle to curb the spread. Sedan is set to become the latest arab country to normalize ties with israel this year at the u. S. Brokered deal was announced by President Donald Trump who says at least 5 more arab states want the same agreements following the u. A. E. And bahrain similar moves the palestinians are calling sudans move a new stab in the back ellen fisher has more from washington d. C. I want to just congratulate know you from the oval Office Another part of u. S. President Donald Trumps middle east peace plan falls into place even if he isnt submerged in the detail we did see down there wanted to do a deal and there was a particularly nice because they essentially better war with israel for. A lon
The driver was trying to park, and he may have accidentally the gas instead. We just, that update from police. Witnesses have seen video of discretion on social media. Three women and five men were struck. Two of them have life threatening injuries. There were a lot of people there, customers were eating lunch at the time the driver lost control. We want to show you the video, which may be disturbing. Video posted on facebook shows the toyota crashed into the Outdoor Dining area at the dynasty chinese seafood restaurant. Tables and chairs were toppled over, it is a huge mess. People are scrambling, trying to help the injured, one person was pinned under the front of the forerunner. You can hear people yelling, one person was wailing in pain, eight people were taken to the hospital. This is what one witness told us. I heard wheels screeching like a spin out to. The wheel started spinning, smoke started coming out. He jumped the lane. The car came across the divider and the main entrance