New york, Edward Lawrence in washington. But jackie, we start with you. Reporter can we say party like it is 1999 . Fourth quarter 1999 is the last time we saw a quarter this good. That is positive given the fact weve been through so much this year because of the coronavirus pandemic. You can see the dow is up 17. 7 for the second quarter. S p 500 almost 20 . And the nasdaq composite, really the winner there, 30 for the second quarter. So we are watching those numbers as were processing what happened today, a 215 point gain on the Dow Jones Industrial average. Youre seeing more optimism in this market. Youre seeing investors digest some of the news about the spike in coronavirus cases. And seeing some hope in this as we move forward, that hospitalizations are down and it may not be illness has to run its course. Theyre taking it in stride at least for today, to close the quarter. Meantime i want to talk about another merge are potentially happening in the space, in the field today. I s
Or delayed their plan phase reopening. In texas reversing that saying it must force bars to close today and only remain open for takeout and delivery, that saying that restaurants with indoor capacity right now, lets cut it down from 75 they have been getting used to but the last couple of weeks to 50 and anything to do with rafting and tubing, that stops immediately. So those actions, reversing earlier actions, the first time we have seen it got the markets attention and the fear that other states that have seen a similar uptick in cases with the real test availability and we might do the same. We have gotten hints out of florida that maybe that could be the off thing but that is way too soon to tell. Again, the drill on wall street, you sell first and begin to ask questions and get clarification later. We are also waiting to hear from the president s Coronavirus Task force, we have not seen them in a public setting like this in almost two months, theyre gonna be speaking again were t
violent storms california. no relief systems coming on shore one after another. 90% of the state under a flash flood warning. president biden meeting with mexican president lobe bra door after visiting the southern border for the first time. catching 100 migrants being processed. i want to thank president biden for giving us this opportunity another touchdown pass. back-to-back, marntion do you not see this in college football. steve: hello, dallas, fort worth, the metroplex, 51 degrees as you get up. 5:01 central time on this january 10th, 2023. you are looking at the daytime high today beautiful, sunny conditions across the heartland. ainsley: nice. tell your daughter to wear shorts and a t-shirt. steve: i m going to be in dallas a couple of days we are having a baby shower for sally. ainsley: steve has two grand babies due in the next few weeks. steve: this is a question for everybody watching and you can email. my wife and i are trying to figure out what
Despite all of this, today President Trump continues to spread disinformation, false information about the pandemic, claiming cases are going up only due to more testing. Thats simply not true, and that the u. S. Is doing better than europe when it comes to the virus. Also not true, and easily disproven by the data and the facts. For those millions of americans out of work due to the pandemic, many who relied on now expired federally enhanced unemployment benefits, the extra 600 a week, a deal on relief in the near future is very much in doubt. Sources tell cnn white house negotiators and congress are as far apart as they have ever been on another emergency package. Those talks expected to resume this morning on capitol hill, and we will have an update on that in just a moment. First lets get to cnns Stephanie Elam in los angeles. California has now reported more than half a million cases since the pandemic began. Really, again, they had it under control it seemed, began to reopen and
Vaccine is approved this month or even next, it wont be widely available until the middle of next year. Here was assistant secretary of Health Admiral bret giroir this morning. The cdc director was correct that widespread use of a vaccine, hundreds of millions of people will probably not happen until midnext year, so both are correct. If we had a vaccine even a few million in november, it could make an enormous impact on the health of the country, but it is also true that everyone who wants a vaccine may not be able to get it until mid next year. If the president takes questions, he might also be asked about new reporting the white house canceled plans for the Postal Service to mail out 650 Million Masks to American Families across the country back in april that move would have saved lives. But it was not in line with the president s own strategy, one that he detailed in his own words, to play down the pandemic for political reasons. A strategy he is still pushing as he ignores social