Tonight. We have got guy adami and we have tim seymour and steve grasso and brinmar trust jeff mills. Guy, were up 770 points on the dow and we have oil spiking, as well and banks participated and a lot of different sectors participated in this mini run or mini rally and whatever you want to call it is it because of fed help . Is it because some of these coronavirus numbers came down, giving us a reason for optimism or was it Something Else yeah. Typically its all of the above and ill have to reposition my camera in a second and i apologize if the shot is lose pep yesterday made sense to me in the way the market traded up and failed at the levels that we talked about it didnt make sense to me, but to your point, i think the howard marx article helped and the fact that Bernie Sanders dropped out helped and i think the dr. Fauci comments helped and its an amalgamation of a lot of things that are positive and i understand the reasons for optimism my concern is even with the market current
Him. And saving fashion. Only on cbs this morning, there she is, anna wintour explains an effort to save an industry facing global devastation. But first, heres todays eye opener. Your world in 90 seconds. We may may be reaching the point where the impact of the coronavirus is beginning to level off. The death toll from the pandemic continues to rise. Even as there are signs the spread of the virus is slowing. The mitigation weve been doing is having a positive effect but you dont see it until weeks later. Another really ugly week. 6,600,000 jobless claims. This is a savage number. And this is probably still an underestimate of what the unemployment situation is. Big news from campaign 2020. Joe biden is now the Presumptive Democratic nominee after senator Bernie Sanders announced the end of his campaign. Before you made this announcement, did anyone notify larry david . Tyler perry teamed up with wynn dixie to pay the grocery bills for dozens of grocery customers. The Series Finale of
First to the east coast, where Health Officials found some reason to hope. Even though new york, new jersey and connecticut all recorded their highest oneday debt poll today. New yorks governor said the rate of hospitalization is slowing other worstcase scenarios and people in need of i see you care have not materialized. Here in california there are also signs the spread of the virus is slowing. Governor newsom said today i see you hospitalizations increased just 2 in the last 24 hours, down from double digit increases last week. California has more than 17,000 confirmed coronavirus cases and 452 people have died. And there were celebrations in wuhan, china today ended a the pandemic began. And within hours, 65,000 people have left the city of wuhan. Today the Chinese Government also said there were no new cases of the virus in wuhan and for the First Time Ever there were no new deaths from the coronavirus in china. Now to the increased rate of deaths among black americans in the unit
Earlier today the governor expressed optimism that social close quarters, being essential distancing and the stayathome workers. You combine all of this, which order have bought the state valuable time to prepare for a of course in the black community has a history of systemic and historical racism, and youve got a real, real, potential surge in cases. He and the state Surgeon General also spoke about the serious emergency on top of an stress and emotional struggles californians may be having while they shelter at home. The Health Impacts of emergency. Coronavirus go beyond infection so i was on a call, as we speak, about how we address this. First of all, our healthcare and coded disease. Its important to recognize that stress related to the pandemic, many are feeling right now, compounded by the providers, africanamerican, economic distress due to lost wages, employment and financial historically black colleges medical schools have come up with some suggestions on how to prevent this
Area residents good evening. Everybody thank you for joining us tonight on kron 4 news at 8 im pam moore and im ken wayne until now wearing face wear in public was an option but that will no longer be the case in 6 bay area county says ride these new directives com as the number of covid19 cases here in the bay area continues to rise. There are now more than 6,000 confirmed cases and 196 people have lost their lives on your screen you can see how the numbers break down county by county. Santa clara county still leading the bay area with 73 deaths and more than 1800 cases Alameda County has seen 40 deaths there are 28 dance in San Mateo County 20 and San Francisco county Health Officials have been encouraging the use of Face Coverings to try to prevent the spread of covid19 San Francisco, san Mateo Alameda contra costa marin and sonoma are now taking action to ensure everyone is following suit. Kron fours dan kerman has our top story tonight more and more weve seen people who venture ou