Avoiding crowds. We learned last week that despite knowing in january how serious covid19 was, President Trump has been working to down play this is acrisis and on fri night, we learned that trump political operatives in hhs Communications Office have been manipulating cdcs flag ship for months to align with that messaging. Dr. Redfield, did anyone at cdc advise the president to down play this crisis . No. Did you agree with the president s decision to down play it . Im not going to comment on that, but no one advised the president to down play this crisis. Well, understanding the dangers, why have you not done more to push back on President Trumps political interference and his efforts to down play this . I want to make it really clear, senator, and i appreciate your question and the opportunity that, the respect for the science at cdc. At no time has the scientific integrity of the mmwor been compromise and i can say that under my watch, it will not be compromised. Well, i understand
The weather. Announcer todays weather is brought to you by the makers of nondrowsy 24 hour claritin. Live claritin clear. All right. Lets look ahead to your weekend. We start off with saturday weve got a much nicer day in the southeast after so much rain record heat continues in the rockies. A fire risk out west wet in the Pacific Northwest sunday, sunday autumnal warmth in the northeast. Much cooler in the plains. And the fire risk unfortunately continues out west thats whats going on across good morning. Im meteorologist kari hall. Lets take a look at our high temperatures for today. The last, very nice and comfortable day before some high heat comes in. Well see our temperatures in oakland reaching 73. 78 in palo alto. And 85 today in antioch. But then as we go into the weekend, there will be high fire danger for a lot of our bay area hills, especially in the north bay. And there will be a high concern as were going to also have some hot temperatures extending into early next week.
Thank you. Wall street is waiting on the deal on more stimulus from Washington Well have more on that in a second first as we head into the last month of trading before the election, october bring a number of hurdles could there be an october surprise for the markets bob has more on what to expect bob. There usually is. The good news is we have a positive start for the quarter the big story remains stimulus and the chances for getting the stimulus through the other story well hear a lot is earnings. They are better than expected. The early quarter is much better than expected. We had one of the Big Semiconductor companies came out with positive guidance thats moving all of the Semiconductor Stocks thats a big important sector. Elsewhere Different Companies out there but they have beaten the earnings constellation pepsi reinstated their guidance. That stock has been moving bed, bath and beyond they had 50 cent na they are expecting a loss. The positive trends continue into september tha
Thats the worst performance in two weeks. The dow has been down. Nasdaq have been down five out of six the tech selloff was worst it continued down 3 led lower by stocks like apple the same old story big volatility coming. Those are really the tail thats been wagging the dog for a while. Youll see the nasdaq is lower once again the other two averages hanging in there the s p on the flat line nasdaq down another 50 points. Fur watching what is happening over the last two months they closed. Dow at the lowest level since the third. The 10year sitting at 0. 66 the story that seems to never end, tiktok. Here we go the owner bytedance applying for an export license in china as it pushes for a deal in oracle and walmart. They did not mention the pending deal and technology it was seeking to support calling the deal dirty and unfair they have no reason to approve it all of this raising questions about that prospect and what that would ultimately look like. What happened earlier in the week we
Early investor will join us to talk air bnb power lunch starts right now the markets are at all time highs. Usually means great things on wall street but means much worse on main street these days. Well get to Steve Liesman for more on that lets start with bob on the market the low print was at the open were 25 points above that its the same pattern that we have seen for a while now. That is Technology Leading and consumer discretionary, amazon mostly, pushing the market to be upside industrials, energy and banks and energy has been on a downtrend for the last six or seven trading sessions and so have bank stocks they had a brief rally about two weeks ago. They have been down on trend for the last six or seven trading days i mentioned the ten new highs but were at new highs its because the megacaps continue to move the market forward. You get the big five moving up that pushes the market up even if the rest of the market is down semikwuk semiconduct iors are down trending we have nvidi