59 minutes left of trade nasdaq 100,. 2 from a record closing high set in february hard to believe. Seriously is hard to believe. Were up 0. 4 . Coming up on todays show, despite growing dissent, tech stocks once again nearing all time highs well discuss the outlook for the sector amid new challenges with investor dan niles. Plus, powerful words from one of the biggest icons in sports, nba lenld, Kareem Abduljabbar will join us with his compelling message for all americans about the need for what he calls a rush to justice. Lets focus in on the big stories we are watching in this final hour of trade. Mike tracking the Market Action as always. Julia boorstin following the cory russ of dissent inside facebook and courtney covering the civil unrest mike, start us off with the Broader Market and this continued strength we are seeing yes, continued, persistent strength its a day when its gone a little bit away from the nasdaq leaders that were were so familiar with. That trend has remained
Extraordinary, we will have the latest. Life disrupted as schools and businesses close around the world. Sandbergcoo sheryl joins us live. This, as facebook shares plunge. Thet, to our top story, markets going deeper into the red over fears that the economic fallout over coronavirus will be more prolonged and painful that we all expected. President trump say life could be disrupted well into the summer. The s p sinking 12 . The dow falling to its lowest in two years despite the Federal Reserve cutting rates to zero. For more, i want to get to Romaine Bostick. So much red everywhere. Break it down for us. Romaine you talk about response with regard to the monetary policy. What you have today is a market that has basically figured out that what is ailing the u. S. And Global Economy will not be solved through monetary measures alone. The dow and s p 500 had their worst single day percentage drop since black monday in 1987. You look at the nasdaq and small caps, worst days on a percentage
C berkeley quite a bit of cloud cover we have a this morning compared to yesterday and that its going to linger a little bit more so today than yesterday so i can see as much sun. Going on today, heres the shot from the golden gate weve got to get the kind of stratus above us broken up or broken clouds if you like to. The radar looks quite active here. Yes, but a lot of this is for a ca looking at the reporting stations nothing is actually hitting the ground. The official reporting station so a lot of this is upper air precipitation. Not yet getting to the ground. Current winds, weve got calm the Single Digits for now, but that will pick up as well. So the wind advisory, a technically hasnt kicked in yet, but it will this morning until 09 00am tomorrow. Were looking at and theres the coverage zone, the same as yesterday again east of the east bay hills in the peninsula coast included a map. Heres im talking about here look at this how those blossoms up this little wrinkle right here. H
Tonight an undercover action the governor is urging operation got 8 more lawmakers to take on this issue this year. Additional drug dealers kron a historically the state of fours j r stone following the the state address is normally story for us he talked with used to earmark Important Police and experts who say issues and accomplishments but fatal drug overdoses are actually on the rise in the in his second state of the city and much of that is going state speeches governor gavin on in the tenderloin jr. Newsome spent his 42 minutelong address focusing solely on homelessness to they certainly are can in 2018 they were on the rise and disgrace that the richest they continued to rise in 20 state in the richest nation. 19 as well tonight i talk with succeeding across so many the woman who said its become so common overdoses that is sectors is falling so far that she now carries narc and with her. Behind to properly house, hell and humanely treat so many of its own people a met fan and an
Migrants from mexico into the u. S. Laura podesta has more on this really shocking story. According to Court Documents it appears the crimes were motivated by money. The migrants told investigators they were paying 8,000 to be smuggled to los angeles or new jersey. One of the marines said he was expected to be paid 1,000 for his role. Basically its a shock to the system. The arrests happened as the marines stood in battalion formation. A spokeswoman sad the operation was carried out in public with the goal of sending a message. As soon as the arrest happened, the officers are really talking and open dialogue with the marines. The inquiry is being done by the ncis. It began when a Border Patrol agent stopped two marines at the mexican u. S. Border. Three undocumented migrants were hiding in their back seat. If and when those charges are brought to those marines, at that point well be able to release the identification of those marines plus the specifications of what theyve actually been