Sunny for all, a nice coast. We will get 90s here. Santa rosa is 48, we are pretty mild and San Francisco. There is a northerly component in the berkeley hills. Good morning, we have traffic that is doing pretty well around the bay area. As a matter of fact, it is lightly traveled. Lets look at these pictures. You can see on the Golden Gate Bridge that it looks nice. I dont see a car coming through. Now is the time for you if you want to get out with very little traffic. It will get busy after 6 00, but not stop and go. We will not see that until everyone is back to work. Lets go back to pam. All right, with the weekly unemployment numbers released in 30 minutes, the outlook is not good. Alyssa harrington joins us now with a look at the report we are expecting. Alyssa . The report is expected to be one of the worst ever, millions of americans have filed for Unemployment Benefits as the Pandemic Forces businesses to close, lay off workers, or severely alter the way that they operate. In
Those who are joining this morning, doctor bianchi of the Eunice Kennedy Shriver Institute for child health and develop, almost as long as the subcommittee on health, education, Human Services and related agencies. Doctor Anthony Fauci of the National Institute of allergy and infectious diseases. Doctor gary gibbons, director of the National Heart, lung and Blood Institute. Doctor sharpless of the National Cancer institute. And doctor dora volkow, welcome to all of you. Leader hoyer asked me to you have the nih coming . And he said this is one of the most remarkable hearings we have, thank you for the work you do and the differences you make in saving lives. At the start, let me touch on the matter of the coronavirus. I want to say thank you to the director, all the institutes. I want to say thank you to doctor fauci and say for Public Health experts, what, what you are doing on what is clearly a matter of National Importance and national urgency. We will be discussing the 2021 budget
Everybody elses. A lot of cloud cover streaming over. 40s, 50s. These temperatures are stocked. And the high got kicked out of there and that low continues to swing. Thats whats moving through. Thats also whats underneath that. A vail of high clouds and theres also a lot of low clouds and the computers waking up like you are. Trust me it will be cooler today. 50s, 50s, 60s, 60s. No 70s. 4 01 did you make it . You dont have to worry about the train anymore. I saw the train. I was up at 3 45. It never used to. I dont know why its doing that, steve. Wow. New schedule. Good morning everyone. Lets go out and take a look at the commute here if you are driving on 580 at 205, it looks pretty good. There have been no major issues here and thats why people get up so early you can get a nice early commute all the way out to hayward in castro valley. You can see interstate 880 traffic looks good and there are no problems here at the bay bridge toll plaza. Lets go back to the desk. Former Massachus
It really is a mixed picture here the dow is up 49 points, so well off the highs of the session the s p is down fractionally right now, but keep in mind, we are still in striking distance of a potential record close. So the next hour is going to be one to watch closely joining us for that hour is Michelle Mckinnon from Payne Capital management here at post 9. Welcome. Thank you what do you think of this market here . Were poised for gains for the week for all the major averages, but the russell 2000 and the transportation average are both up 5 , week to date. And so are the banks, like you mentioned. What im really looking at is the bond market. We started the tenyear treasury at 1. 55 for the week and now were up to 1. 88 and the longterm treasury are down 5 for the week thats basically two years worth of coupon that you lost. Wow do you think thats going to speak bond holders, that it could go worse than that or not . You know, i absolutely think rates look like theyre going higher h
The two candidates to be the next Prime Minister have been in scotland, talking to conservative members as they make their choice for their next party leader. Jeremy hunt and borisjohnson have both promised to protect the union while delivering brexit. But Nicola Sturgeon says scotland is heading towards independence, regardless of who wins the contest. Our scotland editor sarah smith sent this report from perth. Welcome to scotland. Noisy independence protesters are determined to be heard, as the tory leadership race arrives north of the border. At the nearby scottish game fair, voters were considering how the contest could affect scotland. Borisjohnson would be more likely to lead to an independent scotland in the shorter term. Why . Just because he is rather outspoken, and to a certain extent, hes the antithesis of what people in scotland are looking for as a politician. I think boris is not popular in scotland. Why is that . Why is boris not popular in scotland . I think hes too fl