Watching temperatures climb as we look ahead to the middle part of the week with the strong ridge of High Pressure in place. Changes by the end of the week, i will talk about that in a few minutes. Im anne makovec at the live news desk, coming from, worry about file . The west nile virus has now been found in in mill pedes. Thats according to the district. They will start treatments to try to get rid of the mosquitoes later this week. Its coming from 95035. Thats the zip code. They will spray the zip code area with chemicals from a truck on thursday night. They started to leave door hangers to notify people of the planned treatment and giving notice on social media platforms and the county alert system. They said the treatment is safe, no need to relocate while this is going on, and the treatment has been approved by state and federal regulators. Back to you. Happening today, San Jose City council will discuss possible police reform. It comes after the police chief announced change in
Shutdowns until at least may 15th we have a great lineup today. In just a few moments, well speak with Patrick Harker about what will take to get the economy back on its feet and later, Alexis Ohanian will join us hell talk about his investment in a company thats help iing Small Businesses navigate the loan process, which is one of the issues lets focus in on the stories we are watching in this final hour of trade wilfred of course covering the bank earnings. Morgan stanley the latest. Meg has new details on testing but well begin with breaking news out of washington where President Trump is expected to meet this hour Via Teleconference with governors. What are we expecting here that conerer sags is about to get underway where President Trump is going to share with the nations governors what the white house and its medical team have arrived at as far as the guidelines for reopening the economy. The Daily White House briefing is going to take place at 6 00 p. M. And what President Trump
Of december and november was a very strong month for stocks, even though you did see some declines on black friday youre looking at the best returns we saw since june for all of the major averages. Last week again, you did see some big gains too right now the dow, s p and nasdaq are still less than 1 to 2 of the intraday highs with these gains, youll see them challenging that as tom mentioned. Although, i also remember last the first trading day of december last year. Not quite as much fun. I still have some night mares about that. Would not be the only one with scars leftover from that. I think the dow was down 15 at one point in december last year we were having a great year. Markets were up, not up like they are this year. Bottomed on christmas eve, december 24th and saw things take off from there. Its been a very strong year. Will a santa claus rally power the s p 500 and dow to their best year in a generation . Could happen. Were up a lot. What will that take to get there, 5 . Pro
And welcome to power lunch on this monday im melissa lee. Wall street in a Holding Pattern ahead of the fed stocks carrying out modest gains. Nasdaq the biggest winner at this hour. Communications services specifically, the best performing sector, led by facebook, netflix. We have much more on netflix ahead. Its all about the fed this week policymakers getting ready to meet tomorrow. A decision on Interest Rates set for wednesday followed by chairman powells News Conference Steve Liesman is here with more on what investors should be bracing for. The period of the feds patience could be coming to a quick close. The word first appeared in the january statement and was taken as it was on hold. Now patience is not long for the feds statement. We expect the statement to drop the word patient, which implicitly implies a hike, and albeit with noncommittal language heres are the probabilities we have been following. Still something of a bid on a rate cut this month. I guess you guys are going
Weve divided the lines this morning this way if you support the idea of a ban, dial in, if you oppose it, 202 7488001 if you can also text us for tiktok users your line this morning is 202 7488003. You can also text at that same number all of you include your first name, city and state or go to facebook. Com cspan. Welcom tonversation. The house vote yesterday is whether or not to force tiktok to sell the company, divest from china, or face a bend in the United States. About banning the app was posed to americans in a survey done by the Public Affairs Research Poll ap centers Public Affairs Research Poll and i found that 31 said they support a ban on tiktok well 35 oppose and 31 said neither. This legislation would not ban it unless china refuses to divest its app. A little bit from the debate yesterday, listen to Mike Gallagher, republican of wisconsin, one of the lead advocates for regulating tiktok. This is what he had to say on the floor. [video clip] tiktok is a threat to National