It took a tumble in less than six weeks and then rebounded 36 of the lows from april yesterday. The s p down 34 from february 19 to march 23, less than five weeks. Crazy to think about how quickly that fall came then we were back up 30 off the low for april. Joe . If you used april then i could get to 82 years i dont think sorkin was listening to me. I was i said, no, i dont remember. You are always saying maybe i wasnt around for that here is my proposition for you, andrew sell in may is a common expression go away ive never felt more like selling in may than i do right now. I have to be honest. It is not just you. Look at the dow this morning down 454 points. Just to test whether this kind of thing works. It would be impossible for me to go long with money what was he, 163 or something. I saw another guy say it is going to be so hard over the next year that we are looking at another 40 drop others that say the average recession that the market doesnt bottom for 11 months although jim
Napa airport is 51. Theres a little bit of a breeze. Not strong. Similar to that we had over the weekend. Neak by to the north. Its all High Pressure after today start to go burp the temperatures up. Today is a little bit below average on the temperatures again. Sal is here, lets see if theres anything new going on in the 5 00 hour. Good morning, sir. Good morning to you , steve. Its nice and quiet. Just the way that we like it. We can see that traffic is okay if youre driving on the bridge, it looks really good. Heading out, theres no major issues on the bay area bridges. Seems like more people are out there, but it dud not seem like theres any traffic jams at the moment. 5 01. Back to pam. Thank you, sal. Police in dan say that a gunman dressed as a Police Officer carried out the worst mass shooting. 16 people die in a 12hour shooting rampage. It started in a Rural Community where several bodies were found at a home. Now, several nearby homes were also set on fire. More bodies were f
You can count on us. Get the connectivity your business needs. Call today. Comcast business. To improve social distancing San Francisco wants to close off 12 different street corridors to through traffic. Why it could mark long lasting change for city planner. Healthcare workers facing cuts it hours and pay. One nurse shares fear and frustration. Grocery store workers are begging for your help. What theyre looking for. Tomorrow Governor Newsom is expected to give an update on when california can reopen the economy. And begin to ease shelter in place restrictions. He would provide a time line and discuss testing and contact tracing. Progress is being made. You are flattening the curve. O protections in the country for essential workers. To provide protective equipment to workers or reimburse they will for the cost. Closing streets to traffic to give people room to maintain social distancing while out walking, jogging or biking. Local traffic is allowed. The u. S. Senate approved a 480 b
The u. S. Senate approved a 480 billion are e leaf package with money for Small Business, hospitals and testing. It needs to be passed by the house. To the president. On the front lines of the pandemic. Some doctors and nurses are seeing hours and pay cut. Hospitals scale back nonemergency operations and treatment. Some facilities are struggling financially and so are employees. We have the details about difficult decisions being made locally. In the middle of the coronavirus pandemic. Front line workers are up against can you wants to hours and pay. Why do we have to foo to fooo bill. The nurse didnt want to reveal her identity. We agreed to alter her the anticipated surge hasnt come. We must adapt to the Financial Impact of the extraordinary events. Instead of lay offs, tli are launching a temporary wosh force adjustments. Confirming its navigating the Economic Impact of covid19 and implementing a temporary reduction in hours across the organization. Were being asked to ewe paid time
Time to lessen the economic pain, which we are clearly suffering. Meanwhile, fox news has blown the lid off the china virus story. Reliable sources suggest the virus began at a virology lab in wuhan, china. Patient zero, the first person to get it, was a lab worker who went out into the city and spread the virus from there. Now, the chinese authorities covered it up. They delayed action. They altered data and suppressed doctors and journalists who reported the truth. The story is an indictment of china and the communist authorities. It will dramatically change the u. S. china relationship. Heres how the markets reacting to all of this. We got bad news on manufacturing in the philadelphia and new york area. We got a sharp drop in Housing Starts. And weve got those dreadful jobless numbers. But the dow is going to open on the upside, maybe up 90 points. Thats almost a half percentage point. Same story for the nasdaq and also, look at the nasdaq, actually, thats going to be up more than 1