Garcia. Dont you just love the sound of that, friday. Sounds so good, kris. Friday and im marcus washington. Vianey is in for mike. First well start with meteorologist kari hall for a look at the forecast. How will the friday be . Youve been giving us an aplus forecast. Its going to be amazing today. Were looking at some really nice weather for this afternoon. Lets check out our temperature trend in san jose. Were starting out with mid50s and normally were reaching 81 degrees for a High Temperature this time of year, and thats exactly what well see today. Its going to be seasonable, sunny, and i really dont think it gets any better than this. Were looking for highs for our warmest spots in the east bay, upper 80s in par north bay. Well talk about that weekend forecast coming up in a few minutes. Vianey, how is it looking for the Early Morning commute . Hey, kari, good morning. Nice to see you. We do have a clear commute right now on our traffic maps. Anytime you see green on the traffi
Rally, and some of hollywoods biggest names test positive. And singapores ruling party takes almost 90 of the vote, and it is still not happy. The Prime Minister says the result is respectable, but it was not a feelgood election. Shery lets get you started with a quick look at how the markets are trading. Futureseeing u. S. Extending gains, up 0. 5 after closing the week in the green. This comes after surging coronavirus cases with states continuing to see record numbers of cases. The s p list by banks. The s p led by banks. They outperformed the tech heavy nasdaq 100 on friday for the first time in almost two weeks. We continue to see the diversion between tech stocks in the rest of the market. The nasdaq composite the highest on record. Take a look at what oil is doing. A little bit of pressure, falling to 40 a barrel level after we saw oil finish in the green last week. The International Agency bolstering its demand for oil, but warns the recovery could be derailed if we continue to
Aljazeera. Will. See. After months of antigovernment protests and Political Uncertainty iraq is now grappling with the worst crisis in decades. Iraqs economy and state budgets are heavily reliant on oil income and have been hit hard by the sharp decline in Global Oil Prices the world bank has projected g. D. P. To contract by 9. 7 percent of the fiscal deficit expected to reach almost 30 percent of g. D. P. Iraqs new the appointed government led by the me is now faced with a challenging task of implementing long overdue Structural Reforms such as reducing Public Sector employment while also keeping popular unrest at bay im so want to get out and as iraqs fiscal crisis deepens we ask what needs to be done to address it and how can the new government overcome entrenched political interests that oppose reform while also winning over a public that has lost trust in the political establishment. The World Bank Special representative to iraq talks to aljazeera. Special representative for the
The nasdaq hitting a new record high and amazon shares crossing 3,000 bucks a piece for the first time ever. Shannon, well start with you on this one what the you make of the rally is it legit and why is it happening now given everything we know negatively about the coronavirus virus . Were just continuing to see investors look at the sentiment thats coming out of the surveys and anticipating this continued v shape recovery we have seen the v shape recovery in the stocks already were anticipating a v shape recovery in the economy. I think that really rests on the fact that despite the fact were seeing this pick up in cases, theres not a widespread expectation that we go back to the lockdown that we saw in march and april. They really anchor themselves to the most recent period which was a very difficult period from an economic standpoint. Investors are continuing to look forward. They are continuing to see the Second Quarter being the earnings trough from this particular recession look
President getting support from some big names and might not be too late for a serious run and natural gas pipeline goes dry. Duke energy canceling atlantic pipeline, warren buffet is buying dominion. Mornings with maria is live right now. Dagen good morning, take a look at european markets right now. We have gains across the board. Pubs in the United Kingdom welcoming people back over the weekend, optimism there. In asia overnight, markets also having a strong rally, gains across the board. Chinastate run media saying the Company Needs bull market to build strength as Capital Markets ongoing reforms to attract money from home and abroad. You can see the rally in shanghai there up almost 6 . The fourth of july weekend marked by violence in major u. S. Cities, Cheryl Casone has the details along with other top stories we are watching this morning. Good morning, cheryl. Cheryl in chicago alone at least 77 people shot, 14 of them killed including a 7yearold girl, now the president is offer