Table . Speaker pelosi says theres a chance she and the treasury secretary can still reach a deal later, pause for tiktok why a judge sided with bytedance and blocked the Trump Administration ban. Futures do imply a big open to start this monday morning of course, coming off the first fourweek decline of the year. Mike, you did some writing over the weekend. Largely about the degree to which september is doing the job its supposed to do. That being the sort of pause that refreshes the argument here is that if we came into september with the markets at record highs and everything looking very stretched to the upside and sentiment and the technical position of stocks and maybe even hopes for an immediate stimulus and this fourweek decline has largely reset a lot of those factors right. You have sentiment very muchal coo acooled off and huge short position develop in nasdaq futures and pretty much 180 degrees on that front. I would say back in the neutral zone, not necessarily super beari
And technology outperforming in todays trade. Theyre all up more than 1 hers at the moment weve got 59 minutes left to go in another wild session. Green across the screen once again. The company now pivoting to very different space. Well speak with the ceo about the strategy shift plus, former ceo getting in on the spac craze with a Blank Check Company. Lets get straight to the big stories were watching mike santoli tracking the market on this first day of the Fourth Quarter. Steve leezmiesman has a look ate Economic Data and we have the latest on the stimulus notions its been a little jumpy. A little fitful action it is shuttling up and down within that range. It seems as if the market is trying to shake out the people or the al go riridg al algoriths the year to date chart, we remain here. We keep pointing out its kind of this, you know, upper range above the year to date break even level it is about 1 , 1. 5 up from this level in the 3400s. People say maybe represent an upside break
Tightened. Jesse gary joins us now. Reporter dr. Sarah cody says current measures, staying inside, social distancing, sanitizing, are working. But we are not out of the wood woods. Every unnecessary contact with another person increases the chance that the virus may spread from one person to another. Reporter to completely flatten the covid19 infection curve, Santa Clara County officials announcing tuesday an extension of the shelterinplace order, until may 3rd. Social distancing by residents is mandatory. All construction is now halted, except projects deemed necessary. Examples include projects related to limiting the spread of the coronavirus. We cannot afford to simply hope we can impose these regulations weeks from now. This is the moment when it counts the most to save lives. Weeks from now, we will only have regretted that we did not move overnight. Reporter all businesses that are not essential are required to close immediately. The San Jose Police department has already begun
Spread from one person to another. Reporter to completely flatten the covid19 infection curve, Santa Clara County officials announcing tuesday an extension of the shelterinplace order, now medical may 3rd. Social distancing by residents is mandatory. All coninstruction is halted exempt projects deemed necessary. Examples include projects related to limiting the spread of the coronavirus. Reporter all businesses that are not essential are required to close medical. The San Jose Police department has already begun patrols by Health Compliance officers. Officials say warnings can escalate to suspension of a business license or misdemeanor charge of violating a Public Health order. Jeff rosen says there have been 2,000 complaints so far. But most Business Owners are voluntarily following the new orders. Its very often hard to measure the result of a good deed. Your good deed. Your sacrifice. Your civic duty will be measured in lives. Reporter the number of covid19 cases in this county has
Detective armor was one of our and Department Employees who read previously tested positive for covid19 and todays succumb to couples patients from the illness. Our hearts are with the family and she will be deeply missed. President trump says as a nation we face a critical two weeks ahead. Fox news tells us that the president is stressing the need for everybody to follow state home orders and social distancing restrictions to slow the spread of the virus. This is going to be a very painful, very, very painful two weeks. Reporter President Trump says that the coronavirus is a play, the dire picture painted will by the White House Task force came as they publicly release statistics that the president used to justify extending his slow the spread guideline to april 30. The nations top Infectious Disease doctor said that even with strict mitigation efforts, 100,000 americans could die from the virus. As sobering a number as that is we should be prepared for it. It is going to be that much