Reporter Santa Clara County and Alameda County had similar totals but the south bay with 280 new cases and 2 deaths. We are seeing significant challenges. We had an increase of the number of people coming up and testing positive and also had an increase of younger people getting sicker. Reporter Governor Newsom said hes extending the moratorium pass the deadline and chavez said santa clara will follow suit, which is good news for renters, except its being done because the covid situation is getting worse. Robert handia, nbc bay area news. As cases continue to grow, ite who test positive. The average right now over a twoweek period, 7. 4 . The governor said if that gets above 8 , its extremely alarming. If we look at several counties, several are above that. L. A. County, 7. 5 , San Bernardino county, 11. 5 . Compare that with the bay area. Our positive rates are lower. Santa clara at 4 now. San mateo and alameda both hovering around 5 . San francisco with the lowest on this map at 3 .
Focus in china, the unraveling of the chinese stock rally. Seems like things have stabilized after we saw one of the worst selloffs since the gdp eight out of china. You see china targeting large caps, small caps and the latest is kwai chow moutai. Yesterday, climbing back with the stock. Record after we saw a spike in virus cases yesterday. Watching other things with indonesia markets opening up, focusing more on the Bank Indonesia rate cut, cutting rates for the second time as growth sputters, the stocks are up. 4 area strength in the rupiah. Up. 4 . Strength in the rupiah. Nifty, futures pointing to a positive open. Yvonne the Trump Administrationyvonne is turning on some of americas Biggest Companies saying they are pawns of china. Attorney general bill barr says disney, apple and others are working at the expense of u. S. And western democratic values. He said disney and apple have been manipulated by the communist party interchanging strategy to make money. The coronavirus contin
Higher . Apple, facebook. Pinterest is up 36 today. Take a moment to digest. Romaine they were so quiet on that. I purchase all my thoughts there. Vital farms, the ceo on earlier. Pinterest surging advertisers and users. One of the smaller tech companies. The Advertising Market is interesting to me. Are of the businesses advertising, some are not. If there is another downturn, do they advertise . Do they not . The chiefets get to Market Strategist at prudential. I want to get into the discussion with what we saw. Oing on with the dollar there are pockets that do better with the weaker dollar. Just taking a pullback, a breather. It helps financial conditions. You always hear it has not been networking well, but perhaps it will. The weaker dollar is good for emerging markets, commodity producers, those with heavy dollardenominated debt, the weaker dollar helps them, but the emerging markets if you look at the indexes, it is about china, 40 of any index. Anetheless, it should provide tail
S p 500 essentially flat year to date nasdaq up some 19 59 minutes left in the session, sara coming up on this friday afternoon, weve got a series of great gifts for you. Red finns stock was on fire the stock selling to have day on the companys cautious outlook as the ceo says the bottom codrp out on the economy were going to talk to glenn kelman in a few minutes. And then apple once again, the Biggest Public Company in the world, surpassing saudi ramco. Continuing the historic run. The market cap now sitting above 1. 8 trillion. Its up over 8. 25 well talk about what an investor should do with this stock next lets focus in on the big stories that were watching. Mike santoli looking at the market and the tech stocks surging to day kayla is looking over the next stimulus package first to you, mike. The story from the morning was that Great Results from the big four of tech did not really lift all votes did you have weakness. Sold a strong open the market firmed up in the last hour or so
Basically a country where 30 or 40 or 5060 percent of people are in the middle. And what government to get something done. And we aint doing it. David and doesnt mean that we wont. We have come from very hard and baffling times. Very pessimistic to times. David inappropriate behavior times as far as leadership. Bullying come through the mall. Im very we do come through them. These difficult times. These dark dark sky times. When you come through, were better for having done it read people talk about that was a simpler time back then. No it wasnt. There was a simpler time. Things have never been so bad are so dark. So for voting. Yes they have. And if you dont understand that, he dont understand the reality of our story. Like to point out the influenza epidemic with my parents and your parents probably went through pretty 1918 and 1919. 500,000 americans died of the disease. A disease that they they didnt know where it came from, didnt know if it would ever go away at all how to cure it