We are talking about at a given moment but keeping you on track with market averages and how they are doing today and how they have been doing over the very last couple of rough days and how they are your today and certainly from the march 23 lows. We have come back for example s p 500 tech sector came back about 70 from those low so even with the ground a loss we are still up in that sector north of 30 year to date with all that die ration so we will keep giving you all of that perspective as well. Also, looking at whats happening with Political Development that may or may not move the markets we will get into the employment report that looks good on the surface, still looks good, but right now its being ignored for other features such as the technology downdraft. Always going into the Labor Day Weekend you worry about these things were seated people locked themselves in place and thats a traditional argument you here, but regardless, we will keep you uptodate on this as we expect to
Here. The merchants allege the carts are a health hazard, operating with pain tanks and unrefrigerated meat. The restaurants say it is tough enough trying to stay afloat during the virus without a double standard that allows unlicensed carts to undercut their business. New at 10 00, ktvus amber lee in the city where the issue is coming to an end. Reporter the supervisor represents this district tells me a crackdown is coming soon. Merchants say these unlicensed vendors are a threat to their businesses and Public Safety. On a beautiful wednesday afternoon this hotdog vendor does brisk business. Doc was amazing. Reporter but the Fishermans Wharf Community Benefit district, which oversees Public Safety and its properties, tells me the Street Vendors are operating illegally without permits, raising safety concerns, including exposed propane tanks and health concerns. The district share this photo of hotdogs and about left out unrefrigerated. There are a lot of siegels that i around. If one
Whats happening. Certainly on the virus front and this is a big nagging and ongoing worry of right now, as we look at states that are dealing with a big spike in cases particularly in florida were also looking around at how illinois, michigan and some of these other states are dealing with this and the debate about whether you could really make demands on someone to wear a mask, and a debate in georgia as well, well get into that and we are focusing as well not only on the markets but the feeling that seems to be generating among a lot of folks that unless we get a pickup in activity here and unless we see more things beginning to stabilize on the infection count, then things really probably will not change a whole heck of a lot. Matt fin n has been following this very closely in naperville, illinois when its coming down to wear a mask. Sir . Reporter neil, naperville just outside of chicago is moving forward with plans to hold classes in just a matter of weeks. Every morning parents a
Lauren simonetti watching the markets, Edward Lawrence reporting from washington and lauren as we close out the week we start with you. Investors are weighing stimulus, the vaccine hope against the infection, the dow is lower above 2 this week and up three weeks in a low, with s p 500 in the nasdaq again but snapping a twoweek winning streak. Take a look my dear mike, a lot of momentum for the biotech, it is up more than 50 on the week. One of five drugmakers that are testifying week on their work before congress. Also there is reports that these drugmakers are negotiated in advance purchase deals with European Union and you can see outside gains for novavaxs in a novena. Another game that we saw this week is rotation out of the big tech stocks, some investors used a source for other purchases, on the weekend amazon down seven and half percent, microsoft down 5 and netflix fell 10 on disappointing subscriber Growth Expectation for this current quarter. Investors question the momentum t
That is boeing. Today, there will be a test flight for the max jet. It will be put through its paces with all kinds of maneuvers. The results, recorded. This is part of the recertification process. The stock is up 5. 5 . Watch this stock, too. Facebook. The list of companies which will no longer advertise on it is growing. They want founder Mark Zuckerberg to weed out what they call racist or threatening or misleading advertising. That stock is down bigtime, seven bucks. How about this. Politico says the president has told close aides hes worried about losing in november. Former new Jersey Governor Chris Christie says mr. Trump will lose if he doesnt change course. 127 days to the election. Joe biden leads. The virus is coming back. And the market is rallying. Welcome to the monday morning edition of varney company. Stuart im going to start with boeing, almost two years after that fatal lion air crash involving the max jet. They are set to begin recertification testing. Susan, come in,