Muchneeded rain well away from us. Heres a look at some of those low clouds as we look back from the east bay hills camera. Lets talk about how this earth day camera is going to break out. A few high clouds join all of our neighborhoods today. 60s at the coast you can see. Near 70 at noon for our bay and inland neighborhoods and mid to upper 70s by 4 00 and a wonderful evening on tap. Upper 60s at 7 00. All right, lets get back to reggie for the news of the day. Mike, thank you. Governor newsom is expected to give an update today on when california can reopen its economy and begin to ease our she shelterinplace rules. Discuss testing and Contact Tracing. One of the things that experts say is needed to reopen comes from the white house guidelines. States can begin if there is decrease in covid19 cases in 14 days. That has not happened yet. Nearly 36 thoub people tested positive for kcoronavirus in california. Make sure you have the Face Coverings in today. Contra costa, san mateo and so
Good morning from the studio 57 newsroom at cbs news headquarters here in new york. Good to be with you. Im annemarie green. The rapid spread of the coronavirus is sparking health and economic concerns across the u. S. And the world. Wall street and Global Financial markets are plunging amid uncertainty. Governments are scrambling to calm panicked citizens and here in the u. S. There are at least 60 confirmed cases of the coronavirus. There are more than 50 countries reporting infections. We have full coverage of the growing impact of the outbreak. Elise preston has the latest on the extensive effort to trace the contacts of a california woman diagnosed with the illness. And then were going to start with Diane King Hall at the New York Stock Exchange. Investors are now fearing of a possible recession because of this . Yeah, good morning, annemarie. Wall Street Investors certainly bracing themselves, futures are indicating there are more losses to come after another sharp selloff yester
More about the sequence of events that got us here. In a word, the process. Exactly. The process. He spring this golf course change on us and plant it secretly behind closed doors for six months. People felt they did not have as much input as they should have have and while realistically the purchase negotiation was going on and that was not possible. The odds on san geronimo becoming a golf course again are considered quite long so the ne e is something of a blank canvas and in that respect measure d is about how moran will make decisions like this in the future. They can go anywhere in the county and create all kinds of Development Without the voters having a say. Hopefully at the end of the day we will end up with the decision and planning process and plan that will satisfy most people. A look at the top stories at 5 30 pm, and earlyseason fire, the vegetation fire sent flames and smoke into the air on the san bruno mountain. Cruise were able to prevent the flames from reaching home
This year whats happening is fear. Fear of the unknown is this virus controlled whats going to happen. So were kind of in that middle stage right now of we dont really know the answers of controlling the virus, how its going exactly affect the economy right now theres little effect but everybodys very fearful and thats where seeing a big drop in the market, but you know weve weve been there before. Weve had a lot of healthcare arrests. You know from aids all the way down to even measles sandwiches an epidemic you dont hear about that. But the saw going on right now so 10 drop us what we call a correction and thats 10 off the 52 week high. And if we get into 20 off the 52 week high. Thats bad thats a bear market, but you may have forgotten about this but in 2018. The last 3 months of the year the market tanked we were down 20 on the s p 500 just a hair above 20 . So were in correction bear territory. And what happened we just kind of remain calm and then in january the market picked up
Within that county officials held a News Conference on the situation earlier today we have Live Team Coverage tonight from the new information on how the outbreak is affecting the local communities and we begin with kron fours dan thorn who is live in san jose with the latest and. Well pam as you noted Santa Clara County Officials Say that they now have 3 confirmed cases of coronavirus but this case is different from the other 2 because this person got it from an unknown origin meaning that they didnt get it through travel and they didnt get it through contact with an infected person. Its another mystery coronavirus case in the bay area. Santa clara county Health Officials confirming friday they have a 3rd case similar to what was discovered earlier this week in Solano County. Like the california case reported 2 days ago. Our 3rd case did not recently traveled overseas or have any known contact with the recent travelers are an infected Person Health Officials Say this patient and older