The nasdaq holds in the green up by a quarter of 1 for the week and all week long stimulus uncertainty has been hanging over this market and on that point the president elect joe biden is meeting this afternoon, nancy pelosi and Chuck Schumer, we will have more on that in the other meeting that were going to watch very closely this hour, President Trump has invited a group of state legislators from michigan into the white house. I am connell mcshane, welcomed after the bell we have a lot going on in his time to get straight to the news happening at this hour. Lauren simonetti, blake burman and Hillary Bonner standing by to cover the news, we start with you lauren on the latest figures on the virus, what are we seeing . Their moving in the wrong direction, the grid numbers coast to coast, new u. S. Pieces topping 100,000 for 17 days in a row and over the past week the u. S. Is averaging 166,000, new cases a day, this is happening right before the holidays with families gathered together
354, h. R. 6395, a bill to authorize appropriations for 2021 for military activities of the department of military d for construction to prescribe military personnel strength for for other year and purposes. The speaker pro tempore pursuant to House Resolution 053, in lieu of the amendment in the nature of a substitute recommended by the committee on the services printed in bill, an amendment in the nature of a substitute consisting of rules committee is adopted and the bill, as amended, is considered as read. Debatable for one hour equally divided and controlled by the chair and the ng minority member of committee on Armed Services. The gentleman from washington, smith, and the gentleman from texas, mr. Thornberry, each minutes. Rol 30 the chair recognizes the gentleman from washington. Mr. Smith mr. Speaker, i ask unanimous consent that all members may have five legislative days to revise and and to heir remarks include extraneous material on h. R. 6395. The speaker pro tempore witho
A grant vicki, the protest has just about wrapped up the protesters making their way down court street that scene behind me here with the black lives barrel on the black lives matter mural in martinez they had they were heading down to the marina area. There was a lot of anticipation that was building up to this event be. Town was pretty much bracing for thousands of people here to show up out of there was hundreds of people that showed up here and businesses also boarded up but as police stood by and watched what was happening. The protests remained peaceful. Hundreds of people make their way down court street waving signs and chanting for racial equality, the demonstration taking place where a man and woman recently defaced a black lives matter mural thats the disgraced that were out here fighting against this White Supremacy and White Supremacy in a to white people and this is unfortunate that this is where we still are in america, but we have to do what we have to do them. Proteste
Save the city a lot of money as well as limiting the number of negative interactions between Police Officers and people of color. A new progressive proposal in berkeley could ban police from enforcing traffic stops the move being considered by City Government would instead create an unarmed civilian division to handle the job, you know the calvary threatened to cut co sponsor of the proposal Council Member ben bartlett would like to see changes to Public Safety in his city. Bartlett believes a new department of transportation would be better suited then police to take care of broken tail lights fender benders and the like its like going to Fire Department lot of mass. Its not necessary. Some transportation advocates have been taking a more serious tone. What were trying to do is prevent an escalation of minor Traffic Violation in 2 that meeting number being or nelly gauche with walk bike berkeley says a new department made up of traffic experts would go beyond what armed Police Officer
Call it. Netflix yesterday closing at an alltime record high. Oil a little higher as well, but still around an 18 year low. Still brutal for the market. Just checking in one more time they comec had before out. Time now for bloomberg first take. Here to discuss from our inhouse team of wall street veterans and insiders, michael mckee, and Damian Sassower. Mike, we know that jobless claims are going to be bad. We dont know how bad. I think the question is, how do markets actually respond to this, when sometimes they want to respond to bad data, sometimes they dont . Michael im not even going to go there. Yesterday we had dismal numbers on industrial and retail sales. We thought they were priced in, but apparently they werent. Youve got to wonder if weve priced in jobless claims because weve talked about it so much over the past three weeks, but we are expecting 5,500,000 as a consensus. If you get that number or even a little bit below it, we will have wiped out in one month all of the