0. 769 a little lower than weve seen in weeks leading up to this. Joe, the most important thing youve said is it is friday. Is it friday . The days are all it has been months. And then again, it feels like one whole long day for the week. In this new bull market we are in we will see, hopefully. Three days im not saying that we are they make no sense anymore. I guess it is possible we could look back a year or two now and say, wow or as Paul Tudor Jones said. Are we opening he said we could probably see some new lows. We are still on the front edge of this horrible thing that will play out in new york and other cities hopefully not as bad as people thought. The coronavirus cases surging to nearly 86,000 passing italy and china and making america the site of the largiest outbreak. The death toll is nearing 1,300 in the u. S. So far those number doubling somewhere around every three days right about now, a little less. Lots of questions about other areas too now how this is playing out i
We are going to be reaching in the upper 60s for the inland areas. In the north bay, looking at 60s in clear bay. Lets get to mike with the commute. Traffic looks smooth arpdz t around the bay area. The roadways are clear. The green is showing all around the bay, and theres a good volume ofl. I will give you a little surprising note that chp tweeted out for all of us, and again, that might be a surprise for some. Thats coming up. This morning the number of coronavirus cases is increasing in the bay area. There are now more than 2,600, and 68 people have died, and the hot zone is Santa Clara County just shy of 1,000 cases. Nationally there are now over 216,000 cases, and over 5,000 deaths. New york accounts for over 1,300 of the deaths, and nearly 9,000 people have recovered so far. And running out, the stockpile of masks, gowns, and other protective gear nearly depleted, and tracie potts is live with that, plus the fight brewing on capitol hill. Yeah, that fight is about spending more
At us, we are at number four. The president , the Speaker Pelosi and treasury secretary mnuchin, they are all on board with a grand infrastructure plan. Leader mcconnell says hold back for now, but it sure looks like a lot more spending is in the works. After all, we are all big spenders now, arent we . Look at the markets. Responding to the jobless numbers and the possibility of more stimulus. The dow looks like it could eke out a small gain of maybe 70. Nasdaq up 17. S p up maybe 10. A fractional gain for stocks despite that jobless number. Look at the price of oil. Up sharply today. The president wants a deal with the russians and saudis and he will meet with Oil Company Executives tomorrow. The oil price this morning is up to, okay, up to just 22 a barrel. Got it. But its higher by 9 . The price of gasoline, look at this, keeps coming down. 1. 97. Thats the national average. In oklahoma, hard to believe, its all the way down to an average of 1. 51. Thats oklahoma. On the program to
And we have to be apart of each other. And and we are looking at some of the most blue sky we have seen in weeks. And coming our way tomorrow. Because today, we do have cloud cover coming in today, and tomorrow, picture perfect. If you are getting a couple minutes to do meditating, jogging or kick the ball around with kids, blue sky. And live look now in San Francisco and we have mostly clear skies and fog and low cloud cover. And when to start off cold now, and widespread 40. And the bay area, and i think were going to be hand to han the it just fine. No one is expected to go near the freezing mark. Here is what i know youre going to love. Look at the future cast and what i want to show you there is cloud cover well off shore and flow t notice at 8 00 in the monk, we are starting from the north bay to the south bay. As i advance to the afternoon, there is not any cloud cover expected. We are in store for a sun fli day tomorrow. Temperatures will respond accordingly. We will go about a
Report tomorrow will be backwards looking and will include the worst of the coronavirus outbreak, but gives ead before the pandemic hit us. Romaine youre talking 13 billion shares swapping hands, well above the average, but in line with where we have been. The sectors prior, energy, utilities, consumer staples. You strip out a lot of the names and we would be more flat on the investorst looks like will take it anyway they can get it. Today, they will take it. Strength, the bloomberg dollar spot index moving higher by 0. 5 . Gains inespite some the currencies overseas. In the treasury market, a modest selloff, but 10 year yields 0. 62, but that is where it has been for some time. Backet lets bring Stephen Dover with Franklin Templeton in san mateo. One thing is dividends, we have sectors,anies, suspending or halt dividends. One group that isnt are the big citigroupdman sachs, Morgan Stanley confirming dividends. That is in contrast to banks in europe. How much does that give them a natu