Firmly in the red here nasdaq is up 104 . Up 3 this week alone. Only tuesday coming up on todays show kraft is trading higher. Of they outline two billion in cost cuts and selling off part of the cheese business not all of the cheese business and some confusion as to which cheeses go and which stay. Well find out why the companys president about those moves will join us to discuss whether lack of fresh stimulus can impact and speaking of stimulus, former treasury secretary jack lew will join us and his article calling for more than 2 trillion in government spending. We begin with breaking news on apple. It is much anticipated event unveiling a new number of products we have the latest josh so a lot of news in that 60 minutes of apples show today. Start with the new hardware. That new ipad air. It is going to start at 599 available next month 10. 9 inch display with a huge boost in performance we know the ipad is a hardware line clearly benefitting from that work from home trend apple w
Coronavirus fearing weighs on the market, surpassing 100,000 worldwide. We are expecting a briefing from Vice President mike pence a bit hear this evening. Though that survey was conducted in the middle of february before the outbreak took hold in the u. S. In just a few moments well talk about russ cost rich he says the u. S. Consumer remains strong and where he is putting to work now. Dan, what are you doing . Not a whole heck of a lot week on week, there was a bit of optimism. As investors star thinking about how to allocate towards equities visibility will be the big point. I think i dont think were going to get that anytime soon right now. That was the low for this move you had a strong reversal off of that we set ourselves up for a powerful rally, but most of that snsht has dissipated, so some say you will have to retest the low, and were doing it right now on a relatively tenuous way, so i still think, given the stress in credit markets, stocks are not yet convincingly saying we
Do before, brian hosted that one as well. We talked, and i was shocked and i dont know how you feel about this on a friday with all the potential risks over the weekend, vix closed effectively unchanged, closed up three quarters of a percent or not i would have said if you told me all this was going to happen today, the dow had at least 500 points and the vix north of 15 i understand why you would want to buy protection. By the way, theres a lot of scary stuff that the market doesnt seem to think so. The most important thing i would focus on there was some massive underlying weakness in the big market leaders this week we saw it in the semiconductors, in some of the faang stocks. Thats something that makes a lot of sense wednesday, when the semiconductor was down and the s p flat because of the rotation in financials and industrials and retail that was troubling to me its fantastic that s p could be flat, but there is some underlying weakness here. Yeah. I mean one other quick point, o
Coming up. Kathy the city of milwaukee unveils its plan to keep people safe during the dangerous cold. All warming shelters will remain open this weekend, including the library. The Police Department and its Homeless Outreach team are out looking to take people to warming locations. According to the city, there are 1400 people homeless in milwaukee on any given night. The mayor has a very stern message to all residents during this cold snap. Do not leave your car this is the time of year, we see an increase in auto thefts because so many individuals leave their cars running to pick up their child, to run into get something this is something where we are asking for trouble. Kathy a new homeless shelter is scheduled to open tonight. Called feeding his flock, the overnight shelter is on 81st and lapham in west allis. You can also dial 211 if you need somewhere to go. The weather watch 12 app. Download it for free to your smartphone or tablet. Joyce first he won. Then he lost. Tonight, pol
Hoping that any one who sees the little girl will come forward immediately and call 9 one 1. 7 News Reporter sergio has the latest on the search. Situation. San Francisco Police say they are casting a wide net to find twoyearold arianna fips but not many concrete leads. On april fifth san Francisco Police notified that nicole and air yan a went missing. Confidential san Francisco Police source confirmed a body found in the park friday is 32yearold in i coal fip. About i phone fellow best buy employee michael said he last talked to nicole after her shift at the harrison street store friday april first. He says she then exchanged text with family hours later saying she was in fresno. Thats the last time she was in contact with any one. Family is four looking for answer also in nicole murder and desperately trying to find boyearold arianna. If you think you see her or have seen her please call someone. Shes adorable. Shes such a smart kid and shes very shes very bubbley and outgoing. Repo