With in addition to the pandemic so yeah get right to it john trouble in the Weather Center will start their jobs. Yeah guys definitely was not a fun night for those of us that did lose power, especially for those of you that were trying to cool off a little bit. Temperatures today will likely again be shattering records areas like San Francisco full 10 degrees above the former record reaching into the 90s for a few spots in the city says you look at the Golden Gate Bridge right here Crystal Clear skies we are off to a warm start already with 60s 70s for most of our current temperatures did cool off enough last night to let it cool breeze into your house, but as we make our way through the day today we are going to be seeing temperatures just as hot as yesterday in some areas despite a one to 2 degree cool down and others think areas on the map still under that excessive heat warning and thats all the way through wednesday. So this is an extended round of heat ahead of us not really lo
Analysis. Kit juckes this morning was smart, smart, smart. One calculation i saw was it was only 5 of gdp, and that is a squishy number. But that aint much. You really wonder, whether be a second deal if the slowdown in europe continues . Francine it is 5 but every country has to ask for it, so it wont go to everyone depending on whether they need it or not. The other thing is that he could be the first step toward more physical integration in europe. It is a path forward, and that is probably why it is being heralded by euro files as something of a great deal. Lets get straight to the bloomberg first word news in new york city with ritika gupta. Ritika as you were discussing, it is a done deal. European Union Leaders have agreed on a landmark 860 billion economic Recovery Fund. It is split almost equally between grants and low interest loans. It will unleash vital Financial Aid to the southern european economies it hardest by the coronavirus, and it is being paid for by hundreds of bi
Students who tested positive for covid19 had been participating in summer conditioning, gearing up for the High School Sports season. While he doesnt believe they contracted the virus while in their workout group, parents are worried. I would be very concerned at this point to send my child back to school. I know these kids want to be out living their normal lives, but its not worth the risk. Reporter thats how parents in brentwood are feeling on learning as many as three High School Students in the district have cases of covid19. The superintendent issued a letter yesterday notifying families. He says a student athlete at Heritage High School and another at liberty high have tested positive, while a third student is experiencing symptoms and likely has it. We do not believe they got it from anything that happened on campus. We believe that this was a Community Transmission that happened off campus. Reporter we talked about parents and students as they picked up yearbooks at Heritage H
Fivemonth high. I am calling it the by a celling rally, even the news situation earlier. We will break this all down, speaking with pgim economists nathan sheets and betsy graseck. We want to dig deeper now into this tech rally after amazon added more than a billion dollars in market caps. Abigail has more. Last week it was about it is done now, but that is not the case. Wasail co. Yesterday incredible. Year,s the story of the we will see the stayathome stocks drop, and yesterday that nasdaq 100 on fire up more than 25 , this relative to the s p just up 1 . This has so much to do with the weighting of these mega cap amazon,specifically, apple, and these stocks alone are 46 of the weighting of the nasdaq 100. , andyou have amazon up nothing changing, just a few analysts becoming more positive, that really shifts the metric. A big reason why when you have these stocks, this that is hard to get my mind around this idea, but when they have big days, so does the nasdaq 100. 500 closed sharp
Get his view on the crime wave all over the headlines in new york the last few weeks. In florida today the focus seems to be on reopening especially with this development from the teachers in florida, the Largest Teachers Union in the state, now suing the governor over the way he wants to reopen the schools there. Coast to coast will take to you texas as we continue to follow the spike in coronavirus cases in many states around the country. Texas, one of them. We start with white house news. Well have two briefings to focus on out of the white house today. The first already wrapped up with press secretary kayleigh mcenany. The president himself will be briefing reporters this evening. In between that, as we bring in blake burman in washington i suppose the focus would be on those stimulus talks on the hill, right, blake . Reporter yeah. A lot going on here in washington, connell. Start on capitol hill, top two negotiate force tore the white house, treasury secretary Steve Mnuchin and w