Consumer stocks like kimberlyclark and chi pochi pot lay showing signs of strength. Well take a deep dive on the debate over how and when to reopen the economy well speak to the mayor of las vegas, who has called the a stayathome order in nevada total insanity and floridas Lieutenant Governor and well speak with cme ceo terry duffy about the wild swings in the oil market those negative prices. And billionaire harold hamms call for an investigation of crude futures trading. Lets drill down on the big stories we are watching. 59 minutes left of trade mike santoli tracking the market rebound. Phil lebeau has fresh comments from deltas ceo on the back of earnings and meg tirrell with the latest on the race for a vaccine. Mike, start us off with the market and the rebound were seeing today yeah, sara. Down about 5 in the s p 500 from fridays close through two days of trading, getting back in a very gentle way i will say today, kind of lowvolume trading. About half of that, not quite half if
Degrees, santa rosa, petaluma, 51 in concord. Looking at cooler numbers, 2 to 7 degrees cooler right now. About but by the afternoon another 15 degrees of cooling. Today is the coolest day of the next seven. There is the fog from santa rosa to petaluma. With chilly conditions we have blustery winds, bringing high fire danger by the second half of the weekend. Gusty winds up in the upper elevations. Well track the rest of the weekend and week coming up in a few minutes. Liz. Thanks. The this morning the urgent rush continues to contain the koefrpz. Spreading in the bay area. Doctors are concerned about how a woman became sick in Santa Clara County. Her unknown transincome tax is the third case of covid19. Two other cases in Solano County one from unknown transmission and one from someone abored board the diamond princess cruise ship. Abc 7 spoke with a man who was quarantined aboard the ship. It was an ordeal. Simple things like getting groceries and toilet paper and sundries, were at t
Its 43 around campbell and san jose. 42 in sunnyvale. The fog confined to the north bay. Few patches around santa rosa. And a quarter mile visibility in the north bay. A cooler morning, five to 10 degree cooler. A look at the fog through the next several hours you can see through the delta, north bay, 9 00, 10 00 not much left. Temperatures in the 50s at 9 00 as we go through the afternoon we have a slightly warmer day with low 60s inland and then by the afternoon notice the increasing clouds in the north bay. But will it lead to rain . Ill let you know in a few minutes. Thank you, lisa. New overnight the coronavirus is reaching corners of the globe. France is reporting the first death of a patient, an 80yearold man visiting france from the wuhan area. Four people outside Mainland China have been killed by the virus. More than 1,500 total. Yesterday china recorded more than 1,000 new confirmed cases bringing the global total to more than 66,000. In the u. S. There are 15 confirmed case
Death is confirmed in europe overnight. Good morning, its saturday, february 15th. Im kate larson. We have more on the coronavirus outbreak in a minute but first a quick look at weather with meteorologist lisa argen. Good morning, lisa. Good morning, kate. Its a dry start. We do have patchy fog in the north bay. Also along on the coast. Threemile visibility. Looking at the east bay this morning numbers in the 40s. 43 in hayward. 46 in union city. With the cool 35 and fog in santa rosa. 48 with fog in and around the shoreline. Throughout the day today, starting out with fog and then 60s arrive with a few high clouds. Noontime, 4 00 increasing clouds, a weak front from the north will bring in clouds to the north bay and looking at that sun setting at 5 48. See the clouds there. A cold front will it bring rain . Not likely but we are talking wind and that could last through the holiday. Details coming up, kate. Thank you, lisa. New overnight, the coronavirus reaches now corners of the glo
Trailing it, microsoft, about 50 for the year joining us, ted smith, cofounder cramer likes to say apple is the key to the market. Do you agree i do. What about it is so important . I think the breadth of technologies they deliver to consumers and enterprises over time, and the fact in the latest cycle where they come out with apple pay, apple card, all of the partnerships theyve got going, in addition to core products, theyre so dominant on so many fronts. Getting investors familiar with new fronts has been a bit of a challenge this year, feels like were getting there, wouldnt you say the thing we talked about is slowing of iphone sales. The dominant apple story of the last decade is actually coming, that chapter is over they have to transition people to things like subscription services, streaming is one of the big wars payment, theyre doing more retail things now. With apple credit card, i think as a new chapter opens, were seeing more and more stuff like that. You talk about apple