Billion on amazon during the lockdown. The stock is up 169 per share. Facebook, another pandemic winner. 2. 4 billion people used facebook or one of its apps every day. That is global clout. The stock is up 16. Now, google, that is the exception to the stock price rally. They reported a firstever decline in quarterly revenue with the economy lockdown, advertisers slowed their spending. That stock is down 16 bucks. Overall, stocks are going up this morning. I see green for the dow, green for the s p and especially a lot of green for the nasdaq, up 111 points. No deal on stimulus. Democrats and republicans negotiated last night. Neither side emerged optimistic. Politico reports that offers were exchanged. The white house wants a fourmonth extension of jobless benefits. The democrats want much longer. Perhaps a deal is still possible. Here comes the hurricane. Look at that cone. Probably not going to be a good beach weather up and down the eastern seaboard this weekend. What does that do
Sfo, 53. San jose 64. There is livermores high of 69. Concord, 72. Hill road, 83. I know that seems like a leap of faith, but we will go with it. Temperatures near average but still below. Over to sell. The babe bridge toll plaza. We do have some slow traffic there. It is one of the slowest commutes in the bay area. We have slowing to tell you there. It seems to have improved a little bit. These days are somewhat unpredictable. Sometimes it stays sick, but now it looks like its improving. The crash on the grade has cleared up. There is activity on the shoulder. It is 7 01. Lets go back to where headlines. Police shot and killed a man overnight who they say had an assault weapon. It started at 11 00 last night when San Leandro Police started chasing a stolen car. The driver crashed near apple street in oakland and that is where the shooting occurred. The San Leandro Police officer that opened fire is on administrative leave. We are on the story now. We will be here with the latest on th
A whole bunch of other smart people set lower for longer. That is the message this morning. Futures up 19 but to me, the story is the bond market. As you know, those huge negative and persistent real yields. A range of assets and securities, it is interesting to see dollaryen breakdown. Still, equities are firmer on the day, futures up by 6 10 of 1 . We do this going into a battle down in washington, d. C. As long as it is just about size, we will have an agreement. These negotiations are now about thats great, but that means there is a timeline and i dont believe we have the luxury of a timeline because in the state of ,he economy, the unemployment the economic dynamics dont give you a comfortable august. Dont. Incentive to say we not negotiating until you negotiate. Right now, looks like new market is not picking up on it. There are some real nuances, maybe start off gold. Treasury yields down a basis point. Weve broken out of that sticky range for 0. 58 . The lows very much insight
That vehicle is an eight year staying at home. Veteran of the police it would be nice to help them department. He recently completed training out. To become a certified trainer. Reporter cop between Health Reporter bulletholes and and financial. Its a reality for people who windows shot out in this are covid positive that cant get unemployment or sick leave. Neighborhood the morning after a deadly officer involved shooting. Police chase a stolen figure call into oakland where the Erica Simpson runs was oakland driver crashed. When the driver got out, San Leandro Police said he had an health, a clinic testing 400 people daily. Some are sick and others assault style firearm with exposed and unsure. Them. The suspect fired his there are a lot of employers weapon. Reporter a k9 officer and not allowing their employees to his dog followed him on foot. Come back to work without that negative test. Reporter a test result that neighbors heard multiple could take a while and positive, requires
4 10 of 1 . P at one point, it seemed boe was taking rates off the table. We will break down the relationship between monetary and fiscal policy. Rocket ipo listing today. Couldpment on a vaccine upend markets. We just had headlines from President Trump which says a vaccine could come around november 3. Risk, lori, all of a sudden we get a vaccine and we get a shakeout . Sector,u look at tech including internet retail, performance relative to broad s p trading in lockstep with trends in the new virus case count. As we see that level off you have started to see wobbles in the tech trade which is fighting back and maintaining dominance. Rumbling has occurred. Worried we might be in a situation where bad news is good news. Good news on the virus front could be bad news for the market if it causes anchors to fall. Moment that be the would that be a moment you switched in a sustained way in the value trade . Lori the vaccine may equal value temporarily. About peoplecerned trying to make a b