The dow is looking for about a 300 point gain right there at the opening bell. S p up about 34. Look at that nasdaq go. Technology is doing well, up 104 points. Thats premarket for the nasdaq. Now, lockdown winners. Clearly emerging. Lowes, the Home Improvement people, headquartered in North Carolina. Profit up 28 . We stocked up for the lockdown. Target, they really organized their online delivery and store pickup operation, lumped together under digital sales, up a whopping 141 . Walmart, same story. Stockpiling helped them, too. Amazon, kings of the online selling business. Boy, did they clean up. The stock is near a record high. And the netflix, well, they are the kings of the streaming business. What else are we supposed to do when we are ordered to stay home for weeks on end . There are a lot more virus winners and we will go through them throughout the show. Meanwhile, the revolt continues all across the country. Businesses are defying the authorities and opening up despite the
Restrictions despite an increasing number of cases. And a deal in israel as Prime Minister Benjamin Netanyahu takes the lead in a unity government to end a long running from the tickle crisis. The worlds 3rd largest economy has slipped into recession japan has been hit hard by the coronavirus pandemic its economy shrank for the 2nd consecutive quarter by just under one percent in the 1st 3 months of this year but im as he had announced a massive Relief Program last month to keep the economy on track japan has recorded more than 16000 cases of the virus and close to 750 deaths michael pan is the president of the shin gets a news agency hes joining us from tokyo as always thank you very much for joining us on the aljazeera 8 its not just the pandemic is it though thats been causing these problems there was a lot leading up to this situation wasnt there. You know unfortunately we seem to have a few audio problems with michael there we will try and get him back later in the program but in
That need a place to recover in isolation. He called it a solution beyond the pandemic. So we can look more long term as this being part of our panoply of solutions to address the homeless crisis in the state of california. We are not going to be able to solve our homeless problem in San Francisco with this crisis. Reporter the mayor of San Francisco was speaking at the very same moment as the governor, warning that hotels were not necessarily an easy fix in the short or long term. She is prioritizing those rooms for homeless who have tested positive, and those considered most vulnerable. Those over 60, those who have underlying conditions. We have over 2,000 hotel rooms that are sitting empty today that are in contract that were paying for. We do not want the city to hold them empty. Havent today homeless advocates proa tested from their cars. They want most of the cities sheltered and unsheltered homeless moved into city hotels now. Its inevitable were going to have the shelters. Let
Rather and it basically orders all californians to stay at home unless you have a necessary essential reason to lee the house that being maybe Grocery Shopping or exercising in the reason were doing this is to stop the spread because in a letter to President Trump the governor warned him saying he predicts. More than half of our state will be infected with the coronavirus within an 8 week period that if we do absolutely nothing and that would be 25 Million People so that is alarming and that is why this orr is going into place so what does this mean for people across our state. Well its nothing new to us in the bay area take a look at your screen. It means grocery stores, gas stations, banks, those will all remain open pharmacies will also remain open restaurants will be open for take out people are allowed to go outside for exercise children could play outside. But that still means you need to keep that 6 feet of distance the National Guard will assist with delivering medical and othe
The state department advising u. S. Citizens not to travel internationally and return home. They raised the advisory level to four. Huwan which was ground zero reported its first day without a new case we have full Team Coverage for you here bob is tracking another wild session for stocks rick, is watching the bond market for us. Kayla has the very latest on the action this d. C. We start with you bob. An important thing here today is even though 50 point swing in the s p 500 would have been insane a month ago, its kind of normal now its lower volatility than what we have been seeing recently i think thats the key point about whats been happening. If you look at the leadership, its also different. For once were seeing, for example, bank stocks doing Better Energy stocks doing Better Technology doing a little bit better what has been the leadership or what has been going down has been held care, for example, Consumer Staples and they are lagging today. There is a an attempt to buy the m