Work and no relief in sight. Speaking of relief, the top democrat in the Senate Chuck Schumer has republican Majority Leader Mitch Mcconnell agreed the rekindle talks about a stimulus package the senate is on recess through next week. We will speak with Colorado Governor Jared Polis who just moved 15 counties including denver into level red restrictions he is also part of a group of governors speaking with president elect biden this weekend. Plus we will talk with the ceo of the National Association of manufacturers who is working with bidens team to help fight the pandemic today we have with us mike santoli, steer liesman mike, the broader markets are well off the lows as we speak. They are. Kind of a little bit of an aimless back and forth type day. Absorbed a little bit of a morning selloff. Didnt do any real damage it has been firmly bid, especially with son of the bigger nasdaq stocks coming back. Holding the indexes together relatively well. As we speak, the s p around 3,580. Tha
Plus, relocation, relocation, relocation. Read it has a plan to let its employees work from wherever they are. But what are the consequences of such an arrangement question we ask the ceo, steve huffman. The u. S. Has identified in iran and russia for meddling in the election. We talk about how pervasive the menace is and is potential harmful effect on democracy in our continuing to electioneering series. First, it was an ugly day for u. S. Markets. Tumbling in the worst stock rout in months. Rising cases of covid19 in the u. S. And europe and locked on measures in countries like germany and france accelerating the drop. We get the big picture from Abigail Doolittle in new york. A lot of forces at play today. It. Us through abigail over all a brutal day for stocks and risk assets on a combined basis. You mentioned the different forces. Of course there is uncertainty around the election, but i would argue the biggest force is the virus resurgence in europe. The german dax fell more than
Nasdaq up 151 points and looking to open about 31 points higher it has been a wild ride for investors all week the dow and s p are down over 2 the last three trading sessions the s p on pace for its worst twoweek performance the nasdaq has been a big mover. A lot to chew on after a tough week true, andrew. Tough in that it had been up so much we sort of glossed over september 11 19 years when you say it, dont you say, oh, my god, september 11 for you, it is about half your life for me, about a third of my life it went really quickly 19 years i remember so well mark hanes and Everything Else that happened. Year after year, constantly on september 11, it is amazing how quickly time goes. Since last year, weve seen our share of tragedy as well up until this pandemic, well see how history looks at all of this i would argue that 9 11 was the most consequential thing that happened in the past 50 years, maybe 100 years with security and how we live. You can define the world in many ways by th
Streaming on cbsn bay area, we are looking live from our Salesforce Tower camera. And you can still see that fog and haze in the air this morning. But its friday. Its september 11th. Good morning everyone, im michelle griego. And im len kiese. Good morning glad to have you with us on this friday morning. Lets get to the forecast first as we start this day. Its for sure. A fog advisory for the coast and into San Francisco as well and i want to talk about this in just a moment with our dense fog as we start off our day. Also we are dealing with smoky skies and very unhealthy air. In fact air quality conditions looking at unhealthy to even hazardous air this morning. If you dont there to be out stay indoors. The purple colors indicates very unhealthy air for redwood city and down through san jose and milpitas. As well as for the trivalley. We are looking at unhealthy, very unhealthy air for concord and walnut creek and oakland and as well as unhealthy to even hazardous air for San Francis
Say the least after a bit of a rebound the other day when i was on with you, yesterday i was not here for what was a decline overall in all the markets. I think we are in a new era of volatility. Every single time we get an up opening people say, okay, i guess that selloff is over and when we get the printed selloff people say this selloff is going to go on for ages. I urge people to step back and recognize we are in a period where theres a lot of vacuum, a lot of people trying to buy when its going up, a lot of people trying to sell when its going down and just interpret that as just being enthusiasm, greed and then fear and accept it that its here to stay because its really the undercurrent behind these moves. Okay. And what does that mean in terms of this socalled playbook that you often offer people who listen to what you have to say sure. It means that if you think that it is going to bounce today because it was down hard yesterday, dont make the first move wait to see whether the