Overwhelmed hospitals in those states. Now the near is that is could, that is all really wall street had to hear. People are picking up out of stocks, theyre moving into things like gold, bonds. A 10year note, for example, where you want to know if people park their cash if they are nervous, remember this was starting the week at around 1 . We were getting very, very close. Gold up 25 bucks there but the 10year note for a while flirting with close to 1 . Now down to. 67. Yield goes down as the price goes up and thats what is happening right now. This could be shortlived. Could be a recognition we run up very far very, very fast, they are selling first, asking questions later. Particularly about the ramifications about all of this it this were to persist. This is not a coronavirus crisis. I hasten to here the levels are very low. Hospitalizations i checked out all the states theyre talking about. The actual hospitalizations themselves are very, very contained. It is the caseload that se
Few today and we flirt with some serious likely tomorrow. 50s and 60s on the temps in the excessive heat morning starts at 11 00 a. M. To 7 00 p. M. And after that it will change and 60s for many already prepared with 65, 64 in san jose. Berkeley one observation in Half Moon Bay 48 and sfo 50 degrees. There are a few on the mild side. The week ahead looks pretty hot through wednesday and thursday. After that huge change. I will get to that in 10 minutes. The highs are toasty but the low to the west southwest is on its way are probably friday into saturday and maybe rain. I kid you not. 67 is where we should be in 70s and 80s and 90s and lets go back to pam and frank. That will be quite a change. Thank you, steve. Happening today Governor Newsom will issue guidelines on how churches can reopen. On friday a federal Appeals Court upheld Governor Newsoms band and in person Church Services. The ninth Circuit Court of appeals ruled the governments Emergency Powers override what in normal tim
Short on specifics, but then i had to go into the covid website and i had to take a look at very specific kinds of things. And then i found out that the specifics were also very much lacking. In fact, in many cases, the specifics are suggestions. And when you have suggestions as opposed to specifics, that leaves a lot of people wondering what they have to do. And the last thing people have time to do now is wonder, let alone getting their business started. So, what ive tried to do, in preparing what i have prepared is that ive tried to do something which is a little bit different, and that is to try to be as specific as i think i could. In between the rules. But the thing you have to understand is with 20 Different Industries, you cant be terrhe did today. That leaves a lot of people wondering. So, the governor insists that any reopening anywhere is going to be determined by five things, and that is going to be testing, tracing, data, statistics. And of course, science. You know, when
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Lauren simonetti watching markets for us. Edward lawrence with new reporting from washington. Same story for Hillary Vaughn on capitol hill today for us. Lauren, lets begin with you on the markets . Lauren i cant hear but i can tell you what happened in the markets today. A lot of whiplash. The market was fixing positive news with negative news. The big news today was the fed stimulus, right . Also the numbers from the coronavirus seem to be improving. So at the end of the did i we cannot say that the dow is up the best since 1938 but it was higher by 281 points. Check out the s p 500. It squeaks out its best Weekly Performance since 1974. What a week for the stock market. Despite the negative news, one in 10 American Workers has lost their job. We got those jobless claims this morning. Take a look at the airlines, guys, it has been a spectacular week for them. Names like american airlines, united up. Some of them double digits. Up all week. I have do have to tell you as you know the n