So hard for us model. A role model for all of us. She was our our beacon for womens rights. And while the political world wrestles with what this means for the november election americans are remembering the real life implant impact of Justice Ginsburg had on all of our lives. And at a time when businesses across the bay area are struggling program there in oakland steps up to a lot of businesses with a little release. Youre watching kron 4 morning news at 7. Good morning. Everybody, thank you so much for joining us on the kron 4 morning news on this saturday, September Martin gonzalez. Well have a lot more on all of those stories in just a moment, but we want to start with a check of the forecast from days foreign dave. After the Welcome Break of a couple of days, were back to a spare the air alert for the bay area. Yeah, good morning morning, good morning, everybody and its not total though, but it does cover good chunk of the bay area. We have some fog actually interesting enough, b
Promising results from both of them. Later, we are expecting news from astrazeneca, thats a british company. They are going to announce the results of their phase 1 trials of a covid vaccine. Now, positive news on a vaccine usually moves the market. It certainly did last week, and i think its helping futures this morning, too. There is news on a new stimulus plan. The president says he would not approve any plan that did not include a payroll tax cut. All right. Now look at the market. It has turned around. Earlier today we were way on the down side. But now we have moved to the upside i think its on the strength of this vaccine news. The dow held to the 26, 600 level last week. 8,000 points above where it was when President Trump won election. By the way, a new the Washington Post abc news poll showed joe biden with a 15point lead, 5540. This is 106 days before the november vote. We will be talking a lot about election risk on todays program. Then theres this. For the 54th straight da
Are hoping to better understand the virus and how to ease restrictions here. And make use of land discrimination israel is said to have been boxing in palestinians and densely Populated Areas for decades. And unsporting premier league clubs say no to resuming the season at a neutral venue the league is now in talks with the u. K. Government about teams using their own state. Its been a deadly day in afghanistan with 2 attacks one on a hospital and another on a funeral a suicide bomber is believed to have set off an explosion among mourners and province thats in the east at least 21 people were killed that 55 injured and a hospital in the capital kabul has also been targeted 14 people died there including 2 newborn babies alexia brian reports. Ambulances and the military raced to the scene of an attack on some of afghanistans most vulnerable. Gunman storming a hospital compound in the capital kabul with the Aid Organization Doctors Without Borders from a maternity clinic new mothers and
Hardpressed drillers . We will ask. Now we are quoting the next contract for june delivery. The price coming in at, where was it moments ago, what was it, 15, 16 a barrel. The president will fill the Strategic Petroleum reserve with up to 75 billion barrels. That helps storage capacity. But it makes no impression on collapsing demand which is at the heart of the oil price problem. A lot of people expect that that price, the one we see right now, what was it, 16, 15 a barrel, expect it to down from here. Well see. Stocks, theyre down in part because of the Oil Situation. Its another indicator of how badly the virus is affecting the economy. Investors not happy about the demise of Americas Energy industry. The dow will be down 500, s p, lets see, 54 points down and the nasdaq down about 82. A small loss in percentage terms compared to the dow and the s p. Well, the president s twitter account active last night, late last night. He called the virus the invisible enemy and said he would is
555 dow points. Ahead on todays show, were going to dive into this plunge in oil prices, what it means for the u. S. Economy and jobs to the financial losses reverberating through the market right now plus we will speak with illinois governor j. B. Pritzker and former commerce secretary Penny Pritzker, his sister, about illinoiss battle against the coronavirus and the race for more protective gear and testing. Lets focus in on the big stories were watching with 58 minutes left of trading. Brian sul vab focusing on crude oil collapse, mike santoli will tie that in with broad movements were seeing today latest on the snag on government funding. Brian, first to you on this unprecedented move in oil. A day for the history books. It is a day for the history books. Ending a futures contract in negative 30 or what it was. Sara and wolf, it doesnt make sense as i talked about in power lunch as well. We started the day around 10. We continued to fall now negative 30 these are contracts. Negativ