Restart the economy. Some of the money being earmarked for 5g and broadband. And new developments in the house investigation into big tex. Bloomberg has learned that the facebook ceo and alphabet ceo will testify if called along with amazon ceo jeff bezos. Lets talk about the markets. Abigail doolittle joining us. Another wild day. Talk to us about the main drivers. Abigail a roller coaster day. During the day out with that alleged tone. Some positivity around a possible cure for the virus. Plus, retail sales, the best on record. Then, virus news coming out to beijing closing schools, plus texas hospitalizations at a record high, florida at a record high. Netnet, we had stocks close slightly higher. Apple of for a third day, big driver, getting a boost from price target standpoint from citigroup to a street high of 400. Bank getting an upgrade at of america. Indication down very slightly. , stock on thee move to the downside. That is oracle. They reported their fiscal fourthquarter, di
It was cool. That was the coolest day by far. Temperatures was sunshine bumped up a teeny bit. One more system has to go to the Pacific Northwest keeping temperatures for getting too crazy here too soon and by the end of the week its warm and 40 in santa rosa and the cities and 50 in livermore is down 10 and Half Moon Bay 11 degrees cooler in san jose nampa bay post six and it is cooler and you can see kelsey build and healdsburg and ken wood in at the 30s. And i imagine lima valley is not reporting. The nampa airport i would not be surprised gets to 39 and was a goes through highpressure kicks in and we are on our way up. Temperatures above average but much more so toward the end of the week. Lets head to sell now and see if theres anything new. Good morning, sir. Spector morning, steve. Right now we have traffic off to a nice start and there is nothing new to talk about. You can see traffic is moving while in both directions as you drive past the false em. Earlier lights due to roadw
The coronavirus outbreak. This is a group of experts are outbreak could go on for another two years and wont be contained until 2 3 of population is immune. Joining us to break down the day wall as at least on street, taylor riggs has been digs into the markets for us. Tailor, a rough day, there were so many signs of hope this week . Felt like a mood shift this morning, emily, we woke up, a sentiment had been negative. As you remember, 30 after we bottomed out on the lows on 23. H there could have been some rofit taking here as well as some concerns continuing about the economy. We got news in the past few days overnights that trump was considering floating around some ideas of how to punish china for for the handle of the virus, for shutting down a lot of the doctors back in december who were really trying to warn this. Some of those renewed tensions some of the ng debt, thats very far stretched according to some of the to, ysts that im speaking but another option to be tariffs. Now t
Another disaster. And President Trump hails a medication approved for use in treating covert 19 in the United States as the world waits for a vaccine. They have now been almost 3 and a half 1000000 coronavirus cases around the world and some 245000 deaths but more than a 1000000 people have also recovered from the disease many aspects of which still have doctors baffled michael oku welcome to the program in a moment coronavirus and press freedom but 1st a look at some of the other developments in the pandemic. Japans death toll from the virus has now topped 500 with more than 15000 infections across the country italy the 1st european country to impose a nationwide lockdown will begin easing some of its restrictions on monday germanys foreign minister heiko mosse is urging caution on rolling back International Travel curbs but he added europes borders shouldnt stay closed a day longer than necessary new york has dispatched a 1000 police into the streets this weekend to enforce social di
Surgeon general use improper language while warning africanamericans to be more careful in avoiding the coronavirus to do it for big mom and pop at least one member of the press that seems to think so and wait until you hear what bill oreilly said about those who have died during this pandemic. Im Steve Malzberg lets see the press. Easy. To buy. This past week President Trump did something it one of his coronavirus pressers that ive never seen done by a president or rarely by a politician he decided he was going to answer back to his critics who he believes have been misrepresenting whats been going on his critics specifically being in the media so what he did was he. Interrupted the press conference or before it really got started and he used video clips to make his case video clips using them in much the same way we do to make our case i want you to watch and someday hopefully in 5 years when im not here those papers are all going out of business because nobodys going to want to read