Tech and bond trades play out. Lets dig a little deeper into the virus story in the u. S. U. S. Infectious disease official Anthony Fauci says it wont be a pandemic a lot longer because of vaccine progress. Joining us now with more is bloomberg Senior Editor drew armstrong. We all want to have the monday where we were very happy about the Pfizer Biontech results. What if the state of play in the u. S. . Drew the state of play in the u. S. Is brutal. We are sitting case records because of uncontrolled spread in huge amounts of the u. S. Hospitalizations are higher than they have been at any point during the pandemic. During thet pandemic. Depend on who you ask, 1500 sorry, 1506 to two deaths in the u. S. Yesterday, a number we havent seen since the early days of the pandemic. Numberout every single or way you look at this that you can is going in the wrong direction right now, and newman the hospitalizations and knowing that hospitalizations after that, it is going to be a grizzly pictu
Countries, targeting the development of treatments and vaccines. You heard it here first, back in april, when senator tom cotton joined me on sunday morning futures. You believe that they are stealing intellectual property right now as we speak. I have little doubt that the Chinese Intelligence Services are actively trying to steal americas intellectual property as it relates to the virus that they unleashed on the world. Maria and now we have the of usual word. Breaking the official word. The u. S. Ordered china to close the consolate in houston as reports come in of documents being burned on the site. We have the late echt. Markets looking at a lower opening for the broader averages, futures indicating a decline at the start of trading, 88 points lower on the dow, nasdaq lower 17, s p 500 lower by 10 and a three quarters. The dow and s p 500 continued a winning streak yesterday. The nasdaq took a breather. The nasdaq was down. Its one of the busiest days for earnings this morning, bi
Low 70s. We will see a pretty significant warmup this weekend. The forecast coming up in a few minutes. Mike has been watching the commute. Any issues popping up . No, the w saw cleared, and thats great news closure for 101 that has also cleared from 101 alemany project slowed through the area, there may still be some equipment, laura, of course. Back to you. Thanks so much, mike. We have some developing news in the south bay. Authorities have identified a man who drowned tragically yesterday in novatos bell marin keys. It happened after he lost control of his truck and it ended up in the pond. A woman and dog were also in the truck. Only the woman made it to shore safely. The man went after the dog when it tried to swim away. The napa county is already in that expanded phase two. Sonoma county is awaiting state approval. Under the expanded phase two, heres whats open and not open. In store shopping, dinein restaurants and schools. Hair and nail salons, gyms and nightclubs not open. Al
For this try dfriday morning. First, meteorologist kari hall with a look at the forecast. Friday forecast sounds so good. Yes, and we have some great weather, too, to go along with that friday. So it makes it a little bit easier to wake up and head out the door as we look at this amazing view looking over martinez. Lets check out the trend. Well be in the upper 50s as we start out at 8 00. At lunch time its 71 degrees, reaching 76 by early in the afternoon, still very nice and mild today but we know that hot weather is headed our way soon. Ill talk more about that and mike gets you out the door with a look at the commute. Were looking at a smooth drive right now. Friday light. We can say that now as we look at the maps. We have seen much more traffic at least for the altamont and the trivalley over the last few weeks. Definitely no morning slowing. A smooth drive. I am tracking a crash at 680 but it does not appear to be a problem and the construction is clear. Back to you. Thank you v
Old law protecting google and facebook. The coronavirus is taking a toll with tech leading the losses. Apple card revenue guidance for the march quarter with the outbreak continuing to affecting the chain. Impactfulonavirus is but not permanently impactful. T is a temporary blip on the demand side longerterm for apple. We will see a nice rebound when this is over. Apple made a big bet on china. Contained,. Is not this will continue to be a problem. Could be a virus problem longer than the market thanks. Theres no better ceo to handle the challenges then tim cook. Iile it is very concerning think having him at the helm is very reassuring. It is hard to shift production in a matter of weeks. Myly reaction from colleagues to assess what he thinks the supply Chain Disruption will not hurt demand. Since apples announcement the demand it is really supply Chain Disruption. The markets are opening in china but people are being very cautious. There is an effect that will play out over the next