White house and pelosi ibm reported after the close yesterday. Another hopeful update on the vaccine front. Modernas ceo telling the wheat journal his companys account to get emergency use authorization next month. 59 minutes left of trading up just shy of 1 on the s p 500. Coming up todays show, a nearby chopra weighs in on todays google antitrust suit from the department of trust we will ask him whether the government has a strong case against the company. Plus earnings. Netflix, texas instrument, Interactive Brokers and snap all gearing up the report results this afternoon we will bring you all the numbers as soon as they hitting with analysis. We will talk with Interactive Brokers chairman thomas petersfy. Mike santoli is tracking the market action. Ylan moi with the justice diplomats antitrust lawsuit against dealing. And we will constitutes the stimulus negotiations before the deadline to get it done before the election. Mike, start us off on the market a partialal recovery from
Expenses plus 2. 7 million. Officials say the state will lease 177 beds. Thats almost half the beds in the hospital. They will dedicate certain floors to the coronavirus patients. The community had been very worried about losing this hospital wondering where people who needed care would go for help, especially as this pandemic hit. So, there is some relief that the state is using seton. They still have to move in the medical equipment and train the staff, so theyve got a little work to do. So, no word on when the state is going to be moving in here, but a big relief for this community. Live in daly city, amy hollyfield, abc 7 news. Thank you, amy. So, now, we want to look at the cases in the bay area by county. There are now 483 total. Marin county reported ten new confirmed cases last night and that is the largest single day increase since the first case was reported there on march 4th. Santa clara county continues to report new cases. 14 in the last day bringing their total to 189. S
If you thought your timing wasnt quite that good some updated intel on intel. Plus, what is it the kids say again . We could netflix and grill not quite. But mike is going to grill you on a way to chill around netflix earnings. Its time to risk less and make more options actions starts now welcome back. Lets get down to it we begin with the transports like the markets hitting new highs Companies Like Union Pacific leading the group as the earnings season is about to kick off. One of thesenames is likely to report more. Who is that name carter the dow jones is making 52 week highs but railroads, its a big part of the transz port index. Names leukofed ex and ups but its only four stocks. Names you know, lets draw some lines. Is it this it has all the elements of that, but lets the it a few other ways so we plunge 17 . We recover 23 and over the past 8 months what weve really done is only gone up two and a half percent in eight months. It couldnt be suspended if you made no progress its v
mike khouw has jolting observations on a way to insulate yourself. it s time to risk less and make more options action starts now. well lets get right to it markets gearing up for the busiest week of earnings of of the season, including some of the big tech names, apple, microsoft, facebook and amazon stet to report the four stocks the largest holding in the nasdaq 100 etf now on track for the best month since june but carter worth says there is trouble in the charts fom some of the high flies names. he is at the plasma to break it down what are you seeing carter. sometimes something so good that perhaps there is trouble meaning no trouble in the charts but that maybe is the trouble. they are priced for perfection looking at the top five stocks as the basket and zero in on dwchlt qs four of the top five report next week move forward and look at lines. top five stocks, what are they they are 18% now of the s&p, more than the bottom 300 if you look at a chart of the wei
male announcer this is the bay area news station, kron 4 news starts now. Vicki now at five. The bay area is gearing up for its first major storm system expected to hit tomorrow. Impacting your morning commute. Grant right now a live picture outside. At San Franciscos embarcadero camera. Where its clear skies. But thats all about to change tomorrow. Vicki you can see now. Live on our Storm Tracker radar. As this system is making its way towards the bay area. Good eveing, im vicki liviakis. Grant and im grant lodes. This storm will bring some much needed rain for drought stricken california. But also some hazardous weather conditions. Grant tonight. Team coverage. Kron fours dan kerman is live in San Francisco. Things to get you ready. To keep you and your home safe. Grant but first lets start with kron four meteorologist Lawrence Karnow. Whose tracking this storm for us in the weather center. Lawrence, what can you tell reporter we will see increasing clouds tonight and winds will incr