Areas still in the 70s with the coast, staying cool yet again. Daria. Thanks a lot john the 7 oclock and lets get to the latest on the coronavirus pandemic thats a growing problem in california. Governor newsome as we know just gave that warning yesterday about a spike in cases and the state has seen its singleday total of cases the highest since the pandemic began yeah so weve got as we take a look at the numbers more than 5,000 new coronavirus cases just yesterday alone. Statewide for more than a 191,000 confirmed cases with 5600 deaths closer into the bay area were looking at more than 20,000 confirmed cases now with 538 deaths the numbers continue to climb and whats troubling guys they start to climb faster now like in Alameda County there reporting the most new cases in the bay area the past 24 hours 250. New positives kron fours reyna harvey is live there now with the details reyna. Well dorian james you just laid out the alarming numbers 5,000 new cases in california in a day an
Somebody to sell if you go back to our march survey, what we saw was that the level of bullishness on the stock market was one of the highest readings we had in the history of our survey. That told us things were scary in terms of fundamentalings and news flow. They sort of knew inherently this was that point in time was the right time to buy the market they stepped in to help contribute to the rally. Now what we see its not that everybody is bearish the bearishness is starting to pick up where where we were last quarter and the bulls have fallen down sharply. Now, what is extremely in our survey is the percent who say valuations are expensive and that hit a new survey high whats that telling me as the tape weakens here, the news flow deteriorat deteriorates im talking to Institutional Investors that are not inclined to support this market the way they were in march i take it as a bearish read. Less about the level and shift in sentiment were starting to see and the reasons for the shi
A far better measure is the ten Million People who filed for jobless benefits in the last two weeks. Fed governor lockhart just told maria the jobless rate is already more like 10 . Clearly, we are in an employment crisis, and another report that comes up at 10 00 eastern will likely show the Services Sector in collapse. Thats a strong word to use but its accurate. Later this hour, we are going to talk to larry kudlow, the president s chief economic adviser. I will ask him how bad is it and he will spell it out. Look, with nearly 300 million americans under a stayathome order, the economy is shut down. Morgan stanley says that between now and june, the economy will shrink by 38 . That would be a depression, the likes of which we have not seen before. Travel, shut down. At the airport tsa checkpoints, they are processing two million fewer passengers every day. Thats down 93 from a year ago. Those flights that do take off, virtually empty. Public transit ridership, down 75 . Commuters ju
, there was no free space under any bridge, and even in the tunnels traffic stopped for a short time, apparently because no one wanted to leave it under the impact of ice balls. You cant hide the house under the bridge and you cant cover it with a carpet , the authors of this photo complained, and the passengers buses that were driving along the dzhubgasochi highway signed their video. So this footage is not from last winter. They are made a few minutes ago on the hail road. By the middle , the clone has shifted to the tuapse region, moms. I havent seen this yet. What a nightmare , what have you done . Horror horror, what a horror on one of the streets, tuapse , a stream of water rushing here piled cars on top of each other, like toys, threw even a heavy minivan from a dozen cars, at least. Half of the tourists are from other regions creepy shots, autoswimmings from the sky, olginka of novomikhailovsky and tyumensky about horror, some cars enraged rivers were picked up and carried away
Our Security Panel will tell us big business is on the right path. President trump working on his new 200018 agenda again. Plans to make it easier for people to get cheap healthcare. All the tax as experts race in. We will tell you how you can do it too. Hollywood may need to use the force to turn its business around. The last jet i still wont be able to say a horrible a Box Box Office for 2017. And the Kim Kardashian effect extend to wall street. Healthcare in Technology Stocks leading the way. We are less than an hour the closing bell. And some breaking is to bring to you right now. At least ten people have been injured the russian News Agencies are reporting that the device containing about 200 grams of explosives went off in the storage area for customers and bags. Bags. No one has claimed responsibility for the explosion at this time. We will keep you updated as we get more details coming in. Meanwhile here at home on wall street the markets losing steam heading into the final hou