Recently dr. Anthony fauci, a member of the White House Coronavirus task force, talk about the state of the pandemic in the u. S. At an event hosted by George Washington university. Hi, everybody and welcome to a very special edition of healthy you surviving a pandemic. Im frank sesno. I host the series which is a coproduction of the George Washington universities Milken Institute school of Public Health and the school of media and Public Affairs where i hang out. We are talking to amazing people on the front lines of this pandemic, getting there insight, knowledge and experience how we survive it. To date a very special opportunity to talk with dr. Anthony fauci, director of d. C. Hes been director since 1984 and does work with six president on some of the most difficult, Challenging Health crises to confront humanity, hiv aids, ebola, zika, larry, tuberculosis but probably nothing as dangerous, disruptive and as it turns out divisive as covid19. Which is a speak has claimed more than
Split. Well tell you why invesetors ae piling in today. Energy companies have shut in production we have the latest on the impact of tropical storms marco and laura. Power lunch starts right now thank you, tyler as you mentioned its shaping up to be another record breaking week on wall street. That means even more evidence mounting that stocks are getting pretty expensive bob is following the markets for us bob. Yes it is. Right now we have very light summer volume. We have fairly narrow trading range today. I like what i see and i like what i see for one particular reason for once its not all about Technology Stock it started out that way at the open but it quickly changed and investers decided maybe the tech stocks are too pricey afterall today were seeing Energy Stocks bank stocks out performing, even industrials out performing the Technology Sec tore. Thats a big change of pace for the last couple of weeks i want to show you something to give you an example of how it changed. Apple
That. A modest down trend. Tomorrow, though, thats the big jobs report. Almost certainly the worst in history. Okay. But look at this. A rotten economy and a Big Stock Market rally. We get a lot of inquiries as to why is this happening and the short answer is well, the market looks to the future and its clearly seeing an economic recovery, and the trillions pumped into the economy are very much appreciated. Put it like that. The dow is going to be up over 300 points at the opening bell. Thats better than 1. 3 . A similar gain, 1. 5 for the s p. Look at the nasdaq go, up 1. 5 . Thats because of this. Big tech. Again, leading the market. Just look at this. Apple is at 303. Amazon up 21 bucks premarket. Nice gain for microsoft. Nice gain for netflix as well. Thats whats happening. Big tech again dominating the market, plowing higher. Bombshell news in politics. Mr. Impeachment, congressman adam schiff, he is not looking good. There are dmumennew documents o russia, russia, russia probe. M
The nasdaq down by 25 points this morning, youll see futures are lower again. These are modest declines. The types of numbers we used to see all the time in the morning just over a month ago. Right now, the dow looks like it would open about 42 points nasdaq around 18 points. Keeping track of treasury yields we find ourselves this morning again with the yield indicated around those levels. 0. 7 and change andrew lets bring you an update on the pandemic and some of the numbers. The number of confirmed u. S. Cases rising to 400,000. More than 12,000 have died in america. New york is the epicenter with 140,000 confirmed cases. New york, new jersey and l. A. Reporting the deadliest day. And los angeles mandates masks as essential sharing this responsibility to keep workers and everybody safe which is why we are requiring customers to wear face coverings. Shopping for groceries, picking up a precipitation or any other business, you will need to cover your face. If you are not covering your
Buckeye broadband support cspan is a Public Service along these other Television Providers were giving a front row seat to democracy. Next, testimony on roadway safety before a Senate Commerce, science and transportation subcommittee. From transportation policy advocates and local officials. They discuss roadway fatalities, infrastructure needs, Pedestrian Safety and the integration of Autonomous Vehicles. This is an hour and 40 minutes. [background noises] the subcommittee will come to order. Today the subcommittee for surface transportation, maritime, freight imports will examine the roadway safety crisis. These solutions we must implement and responsive. Boots would like to thank my Ranking Member, senator young as well as chert cantwell and member crews for their help in convening this very important hearing. Every day unfortunately more than 100 americans lose their lives on our roads. If trends continue what we expect more than 40000 fatalities this year. Hundreds of thousands of