Like in the fall. And mothers messages. New moms tell us about living throsi a their hopes for the future. Mothers never give up hope, but first, heres todays effe vaccine and unless something very unexpected happens, our viral enemy will be with us for many months and possibly many years. The former head of the cdc warned the scope of this pandemic is unprecedented. The worst thing that can happen is three to four weeks from now we see the numbers are really going up and then we have to decide whether or not were going to reverse course and ask people to stay home even more. Nearly 3. 17 Million People filed for Unemployment Benefits last week. It brings the total to more than 33 Million People over the past seven weeks as lockdown orders started. The president is taking heat for not wearing a mask during his tour of a mask factory in arizona. I actually did have one. I put a mask on i had a mask on for a period of time. We didnt see you in a mask. I cant help it if you didnt see me.
Baseball is looking at an 80game season starting in july. Football arrives in september. Disney allowed, what, onethird capacity at its shanghai park and it sold out. While lockdowns continue, they are being challenged most notably by elon musk. Wasnt to op he wants to open his tesla plant in california. The Authorities Say no. Hes going to court and says he will move out of state if the factory stays closed. As for the market, that will open lower. Solid gains recently but a pullback so far this morning. The dow is looking at a loss of 270. The s p down about 30. The nasdaq off about 72 points. Lets get to politics. Big week for that. It is trump versus obama. General flynns lawyer says the plot to undermine the Incoming Trump administration was launched in the white house by outgoing president obama. President trump calls it obamagate. Theres a lot more coming on that one, believe me. Its monday morning, may 11th, already, and another big show for you. Varney company is about to begi
Plunge half their val ru a positive surprise from china where exports and imports were much less than expected in march. U. S. Bank stocks mark their first negative session in five as jp morgan kicks off earnings season with investors anxious to find out exactly how these banks have been impacted by coronavirus. This is a look at european stock markets are trading. Dont forget theyve been closed for the long easter weekend. We saw the look out of china export and import numbers. Expecting a plunge of 14 only down 6. 6 . Still a steel fall but much better than anticipated. Thats been paused for the reopening of european markets. Talk about when well start to see the easing of lockdowns. Europe starting to layout plans. That is really starting to help out. We are still witnessing a little red ink at this stage. The other big catalyst is landmark and the Production Cut of oil it has been a slight increase this morning it certainly didnt move the needle on the spot as anticipated. These ma
We want to wish them the best, we like to see flattening of a curve in italy, madrid, new york theres the earnings world the earnings world doesnt bend. The earnings world responds. There are a lot of companies doing poorly, sometimes their stocks have reflected that sometimes their stocks havent i warn people that if youre going to do buy or sell stocks based on what the president says or what Governor Cuomo says, youre not being thoughtful it takes a thoughtful person to figure out whether you want a lot of exposure here or not. Does that mean if we did see more signs today some people theorize maybe theres a weekend bias to the counts if we got some affirmation over the next couple of days, what would it take for you to change that view . To say the market is looking through the Health Numbers i think we need to see testing, testing, testing. I would like to see the beginning abbott labs shipped its tests on thursday. I would like to see empirical evidence that people have antibodie
Protect renters. He put a action in place until may. You see him welcoming the ship mercy. Its docked and ready to help the hospitals. The total number of cases statewide, 3800. That is up 25 from yesterday. Yell, tonight in the bay area, theres more than 1600 cases in the last 30 minutes. Marin county announced the first death. The patient, a man in his 70s who has been hospitalized for three weeks after being exposed on the grand princess. Santa clara county continues to see the most cases. The Santa Clara Convention center is turned in to a makeshift hospital. We need the beds and space to handle the patients. A tv Pool Reporter was allowed inside, damian joining us from san jose. Damian, this is for the people who have been exposed but that are not really that sick, dont have to be in a hospital. That is correct. They are positive for coronavirus, and so, they are there at the Santa Clara Convention center or will be there. It was fascinating and erie at the same time, we are talki