Credit spreads really came in a lot. Basically, this tugofwar. Do you look at nearterm challenges or 2021 . Jonathan looking forward to this conversation. Gershon distenfeld is with us. Good practice social distancing. You can take it off for the interview. Great to catch up. The shortterm risk versus the longterm risk. That is a part of the conversation at the moment. One thing that you said that is important, you cannot draw a hard distinction between the shortterm and longterm. Shortterm can actually shape the long term. Can you walk me through your thinking at the moment . Gershon absolutely. The mask is not what you think. It is a plea for you to come home. Know howuse we dont to run elections here doesnt mean that you cannot come home. You may have voted for brexit over there, but you dont really know what you are doing over there. Jonathan i dont think you want me to weigh in on the election right now. You dont need the view from london. I will come home soon. Can we start with
The intense heat happening elsewhere around the state got 60s in place along most of the east bay, real estate 50s up to the north bay. A chilly 46 Half Moon Bay thats delightful 62 meanwhile for san jose. But to compare things for just 24 hours ago, a look at inland spots really dropping off conquered 5 degrees behind you can see up in the north as well will make up for that this afternoon, however, as we warm up winds currently work on the Single Digits for the most part well get that typical on shore wind again kind of shielding us a little bit at least in spots this afternoon. Heres what it looks like were at 83 by 11 oclock at 2 at 95. Some folks getting close to 100 if not getting there will be showing you all about your forecast. Coming up in just a bit back to you sounds good thing today, california continues to be a hot spot for new coronavirus cases in the u. S. On thursday, the state recorded nearly 8,000 new cases and more than a 140 new reported deaths. Now here in the bay
And nasdaq up by 12. This comes after a big up week for the markets where nasdaq was up 2. 3 across 6,000. Closed the week at 6,047. The dow was almost up by 2 . Closed very close to 21,000. Were going to continue to watch, as we get closer to the opening bell. Take a look at crude oil prices as well. Crude oil was down about 29 cents. The big story was it was below 50 for many days last week. This morning, its down another 16 cents to 49. 17. Let get you ready for the first trading week of may. The agenda chockfull of Economic Data and earning reports, the ism manufacturing and construction spending, tomorrow, april auto sales, Paychex Small Business jobs and wednesday, adp, Service Index and fed decision at 2 00 p. M. Eastern time. Thursday, q1 productivity and factory orders, friday, april jobs reports. As for earning, more than 100 companies in the s p 500 reporting. The big names to watch, include conocophillips, merck, apple, facebook, tesla, kellogg and cbs. More than the holdin
Well. And as you can see here, despite the gravity of the crisis in florida, the president is still refusing to follow the device of his own Health Expert and simply wear a mask in public. Cnns erica hill is joining us from new york. Erica, some truly troubling new numbers right now coming out of georgia. Yeah. There are. And of course georgia one of the first states to reopen, wolf. The state adding nearly 4,500 new cases. And that is a pretty significant jump from the last high that we saw only a couple of weeks ago. And as we look around the country, this is a trend were seeing more and more of. Long lines for testing in florida as the numbers there continue to move in the wrong direction. The situation is really concerning here in south florida. Reporter florida is now averaging more than 9,000 new cases a day. A staggering jump of more than 1,200 since the state began reopening two months ago. The president in hardhit Miamidade County today, the Positivity Rate there is nearly 30
World opens up to visitors for the First Time Since the pandemic hit. Yes, the Magic Kingdom is open today and we have much more on that straight ahead. But first, heres a broader look at where new infections are up in the u. S. Since last weekend. 29 states reporting a rise in covid19 cases, some of them a very sharp rise. The spike is causing governors to slam the brakes on efforts to get back to normal. In fact, more than half the states are now halting plans to reopen or rolling them back, reverting to earlier guidance and restrictions. Also new today, the New York Times is reporting it has seen an internal cdc document that says the highest risk to spreading the virus will be the full reopening of schools and universities. This is the same week President Trump threatened to cut federal funding to schools if they dont open in the fall. The president ignoring the data and suggesting the surge we are seeing will all be over soon. It flared up in areas where they thought it was ending