Clouds before to talk all about that. And everyone gets there. Mood for the Holiday Weekend coming killed a little bit because of this forecast, youre looking outside at some cool coastal influence thats that fog thats pushing and its kept us nice the past few days and its going to keep us nice for one more day to day before the heat really settles in. Unfortunately were still going to be dealing with phase 2 and we still have some pockets that are smoky like right around the golden gate and then down around san jose also not the best of air quality this morning. 50s 60s for current temperatures, nice start we do have some gray skies overhead. Id say go ahead take some of the care of some of that yard work maybe some errands today and then tomorrow just stay inside and stay cool as much as possible. Highs today will be warmer than yesterday is conquered livermore morgan hill back into the 90s. 70s remain in philly hoedown through fremont but compared to tomorrow today is going to be a
Ahead on todays show, fashion in the time of coronavirus. Well speak to anna wintour about vogues new partnership with amazon on a Digital Store front. Plus we will speak to truist ceo about his efforts now for Coronavirus Relief lets focus in on the stories we are watching Steve Liesman with the highlights from the fed minutes. Just released in the last hour and oliver chen is with us to talk about retail earnings and the big box names he likes so far. Michael, start it off with you what stands out . Yeah. The market just bobbed right back up from that lateday selloff yesterday. In fact, the low for today in the s p 500 hit about three or four times was yesterdays high. So it seems as if, you know, big money investors continue to behave in a way that suggests they feel underexposed to stocks if theyre not going to pull back a lot weve been talking a lot about this rotation theme. You have small caps up a lot and fin tech and financial all were really doing is stretching the upside of
Get 36 million unemployed americans back to work. Youre overseeing historic despair. I think were announcing a plan, opening up our country, just a rude person you are. Were opening up our country, were opening it up very fast. The plan is that each state is opening and it is opening up very effectively and, when you see the numbers i think, even you will be impressed which is pretty hard to impress you. Go ahead. Reporter a lot of these jobs are not coming back. Thank reporter thank you, mr. President canada confirmed the border will be closed until june 21st. Arent you worried about the economy of the border states . We do. We speak to canada all the time. Obviously the relationship is very good with the Prime Minister and myself and two countries. Canada is our neighbor. We have a great relationship. Were talking. At right time that will open up very quickly. Yeah go ahead please. Reporter good happen before june 21st. Yeah it could. Were both doing well. Reporter mr. President you
We had a very big day today. Saying ourtart by love and prayers to every withcan continue, to be our fellow citizens who have lost a cherished friend or Family Member to the violence. Amidst our grief, we are making tremendous strides against this invisible enemy, thanks to our Aggressive Campaign against the virus and the extraordinary talent of our medical professionals. Our mortality rate remains roughly half of that of many other countries and one of the lowest of any country in the and that is due to a lot of things, but our medical professionals have been incredible. Since we announced our guidelines on opening up america, as we call it we say opening up america. I think we can add the word probably again. But that is what it is. We are opening up america again. 20 states, representing 40 of the population, have announced they are making plans and preparations to safely restart their economies in the very near future, so that is 20 states, roughly 40 of our country. Pretty quickl
Futures trade negative. Reporter hi. On the issue of the fourth stimulus bill and aid to state and low local governments any thought to proportionate for way too early to consider that. Waver we do well do on bipartisan basis. The president has listened to the governors. I have had the opportunity to be on multiple videoconference calls with the president and Vice President. Were reaching out to a lot of people. There is a lot of states that have been impacted but way too early to figure out that level of design. Reporter you mentioned a Large Company applies for one of these loans and they manipulate or works the system or works the loopholes to get it. What are some of the consequences to the Large Company trying to get one of these ppp loans . What can you do . You use the word manipulate. I will give people the benefit of the doubt. Well put up very clear guidance so that people understand what the certification is, what it means if youre a big company. Again, there is a provision