That we have this morning. Well, houston is considering new lockdown confirmed coronavirus cases surge, florida recording cases in single day. Republican Convention Speech will take place in jacksonville. One Harvard Health expert is warning the u. S. Will hit 200,000 deaths in september, he joins us next hour. Check directly to americans. Police reform. President trump calling for Police Departments to meet the most current professional standards of force saying he will afounds announce four step plan centering minority communities. President trump warning, if leaders cant take back the city, he will. Microsoft keeping its facial Recognition Technology from police falling in the footsteps of rivals apple, amazon. Big business of youtube. Producing you to the people gaining popularity and making money from posting videos. Today the moms behind parenting videos scoring 60 million views a month. Mornings with maria is live right now. Cheryl taking a look at europe right now. Green across
Plus the billionaire tilman closing more than 70 restaurants that had just reopened because of the unrest in various urban areas. He will join us later and well tau talk to a ceo who just pulled the plug on a big money deal with facebook. This has Mark Zuckerberg starts an all hands meeting with his employees. Power lunch begins right now thanks. The s p 500 is on track for its third day in a row of gains despite everything going on in the country and the nasdaq is sitting 3 from record highs lets get to bob for more on those markets. Bob. For once, nasdaq is not necessarily the market leader. What were seeing today is energy, industrial stocks leading. Bank stocks leading. Its the reopening story and broadening story this is remarkable its been going on for three weeks. S p keeps going up but the leadership has been altered in the last few weeks in favor of those reopening names. I want to show you the megacaps because we start with them they have fwn driver of much of the rally in ab
6 hours into the news, a new phase stories like Dicks Sporting Goods will be open to the public when they open the doors at around 10 oclock in the morning, however, you are not allowed to go inside to get about browsing like we did before the pandemic it will be Curbside Pickup, so you will have to know your item either call ahead or go online and then they will step out to give you your item take a look at your screen lets break down the 3 counties that did show Governor Newsom they are ready. Sonoma county. In petaluma Solano County as well as napa county. They had to meet certain criteria including nobody has died from coronavirus over the past 2 weeks. Their hospital beds. All ready to go just in case. That they have an explosion of coronavirus cases that they have 35 more capacity in case another explosion of coronavirus cases hit there, certain counties and that is one of the reasons why those particular locations are allowed to reopen in fact we just saw 2 employees walk into D
The market did give back gains we had seen earlier in the session. Part of what we had been seeing with wti prices. Oil prices up. Wti potentially having seen the worst. Talking about disney in a minute they are reopening disney shanghai on may 11 wti up 3. 5 . 23. 40 it has been a long time since weve seen these levels, andrew. It is joe, or becky. We may have to get tacos for joe at the end of the month. Dont worry about me, andrew. Thats like 6 for 12 tacos. What we have to worry about is the hypo allergenic malte opinion poo or whatever. I told you id be happier to see stocks higher so i could buy my own dog i thought, wait a second. Doughnuts for andrew taco bell. Then she slips in the hypo aller againic labradoodle. Shes smart. Andrew, where are we at we could be at 3,600 or 1,100 by the end of may who knows the reason i said that. Over time, i would have never bought stocks on may 1, which makes me think i should have well see. By the end of may, well it may be obvious to buy on
Counties along with the city of berkeley. Sonoma county will be following the states model and open Retail Stores for Curbside Pickup and delivery solano and napa counties also say that theyre going to do the same thing. And one of those cities that will not begin reopening businesses today is oakland and joining us now to talk about that and other steps that shes doing to help try and keep the city safe is oakland mayor libby schaff american morning. Good morning. Well, the governor is loosening some of the restrictions that tell us about the thought process behind the city and county choosing not to take that step just yet. Well the governor also was clear that if counties didnt want to be more cautious he supported that and the bay area has been wellserved that we were the very first region in the country to impose shelter in place and thats why our rate of infection and death is lower than the california average and certainly that other states like new york and new jersey and so i