Side 59 minutes heft in the session. Ahead on the todays show, within striking distance of the lows, Liz Ann Sonders weigh in on whether it is too late to get into the market rally. Plus, well speak from twillio ceo. Think lost steam on the back of the earnings and a stock offerings. Lets focus on the big stories joining us to talk stimulus in the Capital Gains tax is Chris Krueger. But first, mike with you and the Broader Markets. Stepping up a little bit from the highs. We have they make a very near approach to the closing highs from february about 3383. Right now somewhat lower than that this is a twoyear chart of the s p 500. Still doesnt look like much of a moderation in the trend. The v bottom off that december 28 nl lth low, we did get abovee prior september high we had a little followthrough for a new high then the occasion for really the first decent pull back of that run. Also very big moves in treasuries and gold. A lot of the hot money having a little bit of a violent day t
Second term. The president also receiving , the companytok suing the federal government. Lets talk about how the markets are digesting this. Abigail doolittle running us. Joining us. Apple has been one of the companies driving the rally and apple just notified some employees that they plan to reopen a number of retail scores by the end of august. Walk us through the day. Again, recognize. Hopes about a fast tracking of the vaccine and treatment. Abigail lots of optimism. The s p 500 up for a third day. While it is nice to think that it has some of the do with the fast tracking of the vaccine and plasma therapy, it is interesting that the only major nasdaqo close down, the biotech index. The nasdaq 100, the new york faang index. Course if youof own that stock into the close today, you are eligible for the 41 split which will take place next monday. That does not create any value but it seems that it is somehow more attractive. Certainly attractive, the fact that they plan to reopen some
We have new video coming in from the fires burning in the Santa Cruz Mountains. More than 20,000 people have been evacuated in that area. This is affecting a lot of peoples lives and you can see this video ththres cr homes. It has burned 25,000 acres so far in the hills of santa cruz and San Mateo County and at least 20 buildings. We saw a lion of a dozen fire trucks going to that area but cal fire is having trouble responding to all of these fires, as we have been talking about. They are spread very thinly, two First Responders have been injured in this firefight. Thsh d at structure you saw burning was a long empire great road. All of these are under evacuation orders. For the people in San Mateo County, this is the same big complex for them. Tey can go to Half Moon Bay high school. We will continue to watch the fire activity this morning as cal fire updates us on how much progress they may have been able to make overnight and in the meantime, the weather is a huge factor and mary le
Financial needs of schools planning to reopen during the coronavirus pandemic. Also a look at the recent rise of covid19 cases with dr. Drake deutsche dr. Drake dr. Jake deutsch. It isgood morning, thursday, july 16, 2020. A three hour washington journal is ahead. We begin on decisions being made in School Districts around the country about when and how children will go to school this fall. With the coronavirus creating debate over in person versus Virtual Schools and concerns about School Funding shortfalls areteacher shortages, we opening our phones to hear from educators and parents this morning. What is your biggest concern when it comes to School Reopening . Phone line split up. Educators, 202 7488000. Parents, 202 7488001. You can also send us a text. That number is. That number is 202 74880 2 3. Otherwise catch up with us on social media at facebook. Com cspan. A good thursday morning to you. You can start calling you now as we show you education secretary betsy devos reiteratin
Front covering over japan. The region has borne the brunt of the damage. People in the affected areas are trying to recover what they can between downpours. One resident says all the furniture and appliances on the ground floor of his house were damaged by flooding. Translator i want the rain to stop. I hope it stops as soon as possible. Volunteers are working with residents to clear out mud. Only people within the prefecture are allowed to help as a precaution against the coronavirus. People at evacuation shelters are also trying to maintain social distancing. More than 6,000 houses have been flooded or damaged across 19 prefectures. Officials are still trying to get a full picture of the destruction. People across the krunt are donating food, bottled water and other necessities to h help tho in hardhit areaeas. Prime minister abe shinzo say police, firefighters and selfdefense force personnel have rescued more than 2,300 people. Translator i want officicia to do all they can to save