The dow toing 25k. Steph, whats the significance of those big numbers we have now been able to get over . Its very positive. It makes people feel better especially if they were buying back in march and april and may. We have been getting pockets of activity thats picking up like the tsa travel numbers look bet per. Mortgage applications up four weeks in a row these are baby steps what this tells me is yes we had a horrific recession were still in it. Its probably going to recover a little bit faster than i initially expected i dont know if its a v but i think april and may are the worst months of the year on terms of the Economic Data and that we are going to start to see an improvement if you do see an improvement and get the economically sense tifr sto sensitive stocks to rebound, thats very encouraging. If you look at financials, they are down 26 on the year industrials are down 26 on the year these things could have a mean reversion and that could propel us higher along with Techno
Saying it will reopen 100 stores in the u. S. This week and progress on the vaccine front with heavy hitters stepping in which well have much more on. We will and not just are we excited about the new package there, the music is exciting i had seen the graphic, but i add not heard this music they should just playing through the whole hour to keep people on their toes very dynamic and thanks to the team for making it work. 59 minutes left of the show and big guests to come a huge exclusive with the ceo of merck. Ken frazier. Hell join us as they lay out their strategy to battle the coronavirus. Plus, mt. Sinai teaming one a slew of companies to support front line workers well speak with the ceo and ceo of pinterest. Mike is drilling down on the action meg is tracking progress on the vaccine front and wilfred has new comments from jamie dimon, but mike, first to you on this Broader Market and take ussen inside what are you seeing . Yes, obviously have broken above these levels everybody
Use hunting as a means to save the animals here on our territory when we have failed. The protecting animals from poachers of expensive how can this be financed in a place without much tourism and where should these were racist giants go. What needs to be done so that they can live in safety over the long term. I mean. Some go as a private game reserve in zimbabwe that extends over an area of 600 square kilometers. Its owner is beautifully poshest a german merchant. Hes created a minor paradise here in the middle of the african wilderness. Tops a passion for wildlife was sparked in 1965 when he went on his 1st photo safari in africa. And. It was. A see im fascinated by elephants but if you look at them and you see how families Work Together how they play with each other and then theres almost something human about it. You know we were out yesterday and looked at the wild dogs it was like a kindergarten are they really so different from us i mean theres a closeness theres an appreciatio
Things, our country looks a lot more like the juggernaut it used to be, and so does the stock market thats the only way to interpret the incredible pin action that we got today from adps incredible their National Employment report, and it showed that private Sector Employment decreased by just 2. 76 million jobs last month, when most economists were expecting something more like 9 million. Hallelujah. That and some early positive data about the opening of restaurants and casinos are how the dow surged 527 points today. S p jumped 1. 63 were gaining back all our losses here, people. You see this kind of animal spirits of the market coalescing with the pent up demand for ravenous consumers and you get the insane gains like we saw by the way, taking us to the most overbought level, 11. 1, in the s p since july 24, 2009. Any time its been this high, its actually okay well have to do more on that later this week. Look, i know there was a time really not that long ago when 2. 76 million job
Continue to watch temperatures climb through our afternoon. This is just the start because we are going to see temperatures soar by the Holiday Weekend into next week. Here is a look at the Treasure Island camera on this thursday and you can see temperatures are in the 40s and 50s with mainly clear skies. Through our day, daytime highs will be warmer, above average. They will be upper 60s in San Francisco and 73 in oakland, 79 for concord and 2 to 5 degrees above average. I will let you know what to expect in your area through the seven day forecast coming up. At the news desk, we are following the aftermath of a cyclone that slammed into the eastern coast. Thousands of people have been left homeless and it was 24 people that were reported dead. And winds are over 100 miles an hour. They left predominantly rural areas without power or communication. The city of kolkata was the hardest hit with a population of more than 14 million and bangladesh, at least 1 million were without electric