About the golden opportunity traders are spotting in the market, thats ahead we start with another big day for the market nasdaq posting another alltime high as coronavirus cases continue to climb and risks up we got the Economic News on the u. S. Front so guy, have we become enured to the rise in coronavirus. We got really good and really bad data i think the market seems to discount the bad it seems to get geeked up on the good, which weve seen over the years. To me its all about the liqu liquidity thats being presented and put in the market by Central Banks globally im pretty outspoken about that. But we did say on june 26th, if you recall, we were encouraged the market held 3,000 level at s p 500 and gave us something to trade against. Didnt think wed be here today, quite frankly. But the next level, the june 7 high of 3240 is in the cross hairs of the market and has to prove itself there what i would say today that gives a bit of pause is the fax that the vix is sub on today, held
It. This morning the investigation morning across the bay and now underway. Throughout the entire workweek. Full speed ahead. Mostly clear sunrise for those john boltons book to be marcus . Thanks, kari. Inland areas like dublin. Released this week after he well have another local news as we look at our high beats back a white house update for you coming up in 30 temperatures its going to heat challenge to stop it. I dont think hes fit for minutes. Up into the low 90s there. But then you look at san office. I dont think he has the francisco where it stays in the low 70s. Competence to carry out the job. So as we look at our inland straight ahead, boltons temperatures its going to be much hotter compared to the these fudge brownie m ms are really fyes they are. To put a fudge brownie center in an m ms is. Coast, and were going to see genius i know. The heat continuing through the bombshell interview and the fire i was going to say hard hes facing from trump and week while San Francisco
Now at 9 as most of the bay area transitions into phase 2 of reopening the number of covid19 related fatalities in the nation has now surpassed 90,000 raising concerns about a second wave. Good evening, everybody, im paying more and im ken wayne, the first known us coronavirus related fatality was back on february 6th. Since then 10s of thousands of americans have died and tonight there are more than 1. 5 million cases in the United States this as state after state relaxes a social distance, the rules and restrictions today experts say only 18 say showed a downward trend of new cases last february it was im sorry last friday it was 28 states. It is not clear if the increase in cases is because of more testing whether the virus is just spreading more now that so many places are back open. Heres a look at the numbers globally there is close to 5 there are close to 5 million cases more than 318,000 deaths in california more than 81,000 cases more than 3,000 deaths in the bay area more tha
Good morning, i am tracking a few spotty showers this morning and some cells are popping up across parts of the east bay on high def doppler. We are watching it closely near san leandro and you can see the cell right over union city this morning. It is down through fremont. We had a damp start in spots. We will see partly sunny skies and an isolated shower possible. There is a chance for that as a low pressure slowly moves out of here but 66 in San Francisco, 68 in oakland, 70 for san jose as well for concord. Here is the white house where President Donald Trump is getting some International Pushback this morning from his threats to permanently pull funding to the World Health Organization. He says he wants the World Health Organization to commit to major improvements in the next 30 days and today, the eu and china are calling on him to pull back those threats and they want worldwide solidarity. China basically called it fingerpointing and said that Global Cooperation and solidarity th
Actions taken on pandemic and how money is being spent today. Getting america back to work today, larry kudlow will join me today at 8 30 a. M. Eastern live on the reopening of American Economy and rebound hes expecting and what if any additional stimulus is needed. We will also get into china. Turn into markets this morning. Futures are turning direction this morning. We are expecting weak opening this morning for stock prices, s p futures down 10 and nasdaq futures lower by 12 this after positive news from moderna on vaccine trial help fuel strong rally for stocks. Dow industrials up 911 points yesterday almost 4 . The nasdaq was up 220 points and s p was up 90 all the major indices up 2 and a half and 3 and a half percent. A closer look at the Pandemic Impact on retail this morning, this morning we will get walmart, hem depo who remained open reporting earnings. More stores and malls are reopening even in the face of bankruptcy elsewhere. Who would be held responsible . Attorney gen