Mcshane. Didnt quite get there on the s p. Were live from joe bidens hometown. Scranton, pennsylvania. Ahead of the presumptive nominees speech tonight at the Democratic National convention. I spent a lot of the day speaking to owners and Business Leaders in the area. You will hear a lot of that throughout the hour. First the top stories. Fox Team Business could have with gerri willis keeping an eye on markets blake burman at the white house as usual gerri, we start with you. What a difference in the markets and what a difference the a day makes. They are shrugging off recovery concerns. The dow powering ahead. The dow on pace to snap a threeday losing streak. It did just that. S p up three of the last four sessions. Nasdaq was the star here. You remember back in march we were under 7,000 . Closing at 11,264 to be exact. Apple, guess what, they have the two trillion dollar crown. That is new market cap for apple. Shares hitting alltime high. Unbelievable at 2,012,000,000,000. Apple is
Greatest especially if youre going to be a traveling along highway, one or maybe one oh one coming out of the north bay visibility down to about a mile through nevada couple miles and San Francisco, and visibility quite pour in Half Moon Bay and even the east bay hills there through oakland. Drive along 80 just be real careful out there. The good news is things are going to improve as we get through the Early Morning hours into this afternoon. This is again what weve been seeing pretty for the last few weeks here and so right around midday. Thats when well see a lot of that clearing around the noontime hour and well have a lot of sunshine pretty much everywhere except for summer coastal spots thats where that fog is going to be sitting for the entire day today temperature wise outside were higher in some spots and about the same in others versus where we were at this time yesterday 4 Degrees Higher in nevada right now, waking up with us versus yesterday to in San Francisco 2 Degrees Hi
A couple hot ones as got my full Weather Forecast coming up in just a couple of minutes back to the news a lot lets get to our big story which is the coronavirus now killing over a 150,000 people in the u. S. And now some of the nations top medical experts say that america. May need to hit the reset button when it comes to the response to the pandemic whitney wild now to explain. It is time to reset medical experts at Johns Hopkins releasing a new report wednesday titled resetting our response urging the United States to reset its response with policy actions at the federal state and local level to get control of the covid19 pandemic unlike many countries in the world, the United States is not currently on course to get control of this epidemic. The report says this as republican congressman Louie Gohmert was not allowed on president trumps visit to texas after testing positive for coronavirus wednesday. You know a lot of people in made a big deal out of mind out wearing a mask ow ly n
People out here and its not even as warm as it has been over the weekend will you seen all of these people coming out you can see people walking their dogs down there people taking strolls on the beach. So the catalyst for news of the decision if youre wondering were going to show you what those large crowds looked like over the weekend in ventura and orange county. Its actually reported the nearly 800,000 people. Were at a Newport Beach over the weekend you can see them with their surfboards out there gathering. Now also the role is if you live within 5 miles of beach thats the beach that he could vote who they were trying to keep you away from beaches outside of that Governor Newsome sane the large crowds were an example of what we should not be doing. About a 100 beaches and sort of easily defined 100 beaches. And there were 5 where we had some. The ticker johns overwhelming there were no major issues quite frankly, no issues of note. Particularly. La san diego parts of the bay area
Democrats are considering going it alone with a much more expansive and expensive bill. The latest on these negotiations. Good evening, bret. Tonights meeting is the first time that President Biden has invited them to the white house and all of them are republicans. Whether or not he is willing to compromise or not to earn their support is still very much. Go big or go bipartisan. Thats the question President Joe Biden faces as he attempts to pass his 1. 9 trillion stimulus package. The president calls for bipartisan support and 10 moderate republican senators responded to the roughly 600 billion plan of their own. Im going to do everything i can to encourage the president to do something that is much more targeted from the 1. 9 trillion package. He was one of the ten moderates to send a letter to him on sunday reminding him of the promise tomorrows going to be it looks like you are in the snow globe at the white house. Thank you. Down the street from the bipartisan meeting in the oval