School for kindergartners. One of haywards four yearround testing easy and accessible. Really good point. We appreciate your time, as always, dr. John schwartzberg amateur schools. Day one is drivethrough day, a from uc school of public time when teachers can meet and greet these brandnew students health. Thank you. Thank you so much. And parents. We have been talking about how are you . Just as important, a the same weather pattern, the predesignated station has same with the heat inlet, and materials to pick up, as reques temperatures have stabilized a bit, not moving too much, typical in july. As we jump into the forecast for tomorrow, for your friday, technology for distance learning, if they cannot attain not too much change other, except a few neighborhoods would be a bit warmer, but still not as drastic a change out there. Areas of fog for friday morning, and temperatures inland it. For kindergartners, this is right around 90 degrees. New. For veterans, its a bit offputting. Ta
Growth is slowing down due to the outbreak across the sunbelt. We have been at one point up 6 . Were now up 0. 7 . At one point we got to the highest level since the pandemic began. Ahead on todays show, stocks seeing a big rally to start the week Jeff Rosenberg of black rock says the bond stock model does not work in this environment he will join us to discuss where hes putting his money to work right now. Plus, entertaining in the age of coronavirus. Well speak with pitbull about how artists are navigating a World Without live events, and his efforts to help latino businesses lets focus in on the big stories with 59 minutes left of trade. Bob pisani tracking the action phil lebeau is watching the surging stock prices of electric vehicle makers joining us with his thoughts on the race for a vaccine and the biotech name is michael ye from jeffires start us off with the market with the dow up 400. We have had a remarkable run in the last three weeks or so, sara, with mega caps, semicond
Investors wanting to make sure. It is a shortened week so some traders might be taking off after all of the action earlier this year. David it has been exhausting for traders. He mentioned we had the best quarter last year. You mentioned. That might not be good news because i saw a note from you that said historic as we go back to big shift in the market and there is a recast in the bottom. Recast sixere was a or seven months after the 1929 low. A similar situation in the mid1970s. In 2000 there were several that went lower. 1987, the longterm is as of 2008. All of history does suggest that there is some sort of a significant testing of the s p 500 lows. There are also some options that i talk about saying that there are signs of that coming. When that may come is unclear. Investors are going with the fed and central bank liquidity. Unless there is a systemic shock that undoes what the fed has been able to emblem it and support markets implement, it seems that stocks could go higher. H
Inadvertent background noise. Remotelyarticipating will need to unmute your microphone speak. Participating in person, please wear your mask when not speaking. Dr. Monahan extract expressed in the updated guidelines that the use of face coverings is meant to protect other people in case the wearer is unknowingly infected. When we are not speaking, each of us is playing a vital role in tech and all members and staff in attendance, as well as leaders of the covid19 response will be testifying before the committee. Due to the anticipated length of the hearing, we will take a 15 minute recess at 1 30 to provide witnesses a restroom break. And so the documents can be sent to benjamin taylor, all documents will be entered into the record at the conclusion of the hearing. I now recognize myself for five minutes for an Opening Statement. Today, the energy and Commerce Committee continues its important work overseeing the administrations response to the covid19 pandemic. Focal to overstate the
Chairman shelby and his staff for letting us try this and see how this kind of information gathering works for appropriators. Its not a markup. There will be no voting today, but were going to get some really important information. Yesterday, the new coronavirus cases passed 50,000 for the first time, making it a single day record. This morning, 128,000 americans have died and nearly 2. 7 million have tested positive for covid19. Of course, the thoughts of myself and everyone on this committee are with those individuals and those families whove been affected. I called this hearing really to look at an update on the efforts that the administrations put together and, frankly members of this committee were very involved in to see if we couldnt establish a new way to look at responding to pandemics. I think we have the chance to actually write a new important chapter in what that response looks like. Developing the right vaccine, the right therapeutics, the right testing is important. And