Good morning, it is going to be a very pleasant day across the bay area. A Beautiful Day with that clearing and sunshine for most of us. We are warmer throughout the day and cooler at the coast with seasonal daytime highs. As we start off our day thursday temperatures are in the mid to upper 50s to low 60s with those clouds and in the afternoon, mid 60s in San Francisco and low 70s in oakland and low 80s in san jose and mid 80s for concord. We are where we sh are going to warm things up and i am tracking strong ridges of High Pressure to build and and details are coming up in just a few minutes. I am at the live news desk, looking at this hill where republicans say that they have reached a deal on key pieces of the new 1 trillion stimulus package and it includes more than 105 billion for schools and does not penalize people for not reopening in person. Also some funding for coronavirus testing and rpublicans pushing for another Forgivable Paycheck Protection Program loan. The democrats
The bank index up 2. 1 , telling you all you need to know. The 10 year yield is down to 67 basis points. There was a little bit of an increase in volatility today, up to 33. On the actual session, the vix index is slightly lower. Scarlet fu joins us halfway into the trading day for some more details on the scene. The scene seems to be about finding stability. If history is any guide, we are likely to get it. Seven times the s p 500 has fallen 2 or more since the market bottom on march 23. In six of those instances, the s p 500 came back to close higher. Indications we may continue to build on this advance. You mentioned leading the gains, regulators rolling back some of those put in place after the crisis. That should free up about 40 billion in capital. Regulators are modifying the bulk to allow increase of investments in d. C. Funds. You mentioned the stress test results after the close. Im keeping an eye on homebuilders because one trend that has emerged is the strength of housing.
We as fishermen are not going to stop saving people even if the tunisian politicians are getting pressure from europe. Despite the incredible danger there will be many who will take a boat from libya just to get to the other side of the Mediterranean Sea in the hope of finding a better life in europe theres absolutely no guarantee that they will even survive the journey and those who dont make it will invariably wind up washed up in this part of the 2 missing coast. This is the makeshift so a tree where the bodies of the dead are laid to rest the graves of the children who drowned at sea identifiable by the small mounds with his own resources shops a dean also tends to the graves and make sure that the victims have a proper burial a final acknowledgement for those who died nameless on a foreign shore with nothing more than hope to guide them so. The u. S. Senate has voted to block 8000000000. 00 in arms sales to saudi arabia the United Arab Emirates and other countries a handful of rep
80 minutes. We started earlier that big thursday, everybody. Than thank you. Thank you. Thank you. This week, donal, thank you. D te Time Magazine that if he wins, s, have the camp military deport illegal immigrants. Joe says if he wins, hell tell us the story of how he fought apollo for the heavyweight world title. Today is World Password da pass youll never guess[ Laug My Passworhtd needed like an Exclamation Point and a number. Dus going to work. Youre not hacked. During the mets game on tuesday, citi fieldex, they had a 1 Hot Dog Nightd that sold a record 44,269 hot dogs. Evidently, they were all purchase. D by. One fan. Gist archeologists at University Of Cambridge have recreated a 75,000 year old neanderthal womans face. Here it is. Yeah. So do i even have to say. Was ears ago, Osama Bin Laden was killed by us navy sealsavy in pakistan. Youre welcome. Yeah. 13 years ago, Osama Bin Laden was killed by navy yea. S or, as msnbc describes it, a solemn day when a group of armed White
it pours money into all kinds of high tech ideas. as a result, every once in a while, companies that look like high tech sneak through with a few tech credentials. sweetgreen has raised $325 million in venture funding. wework founder insisted he ran a tech company. his company s1 used the word technology 110 times. but at the end of the day, sweetgreen makes salad. and i kid you not, there is a sweetgreen in a wework in downtown san jose. i m telling you all this so you can see where i m coming from. when i heard oliver space had raised $7 million in seed funding, do not get me wrong, oliver space is a cool company. you go online. you pick out furniture or even whole rooms of furniture and the company delivers it to your door to rent. you were probably not expecting me to say wework in the same breath of your company. chan ran operations for uber in north asia. do you see where i m coming from, that this seems to me to be we used to call them rent-a-centers. but not a high