Meteorologist Rosemary Orozco to wrap up the weekend and to look at the work week. Good morning, happy sunday starting out with more sunshine so that is some good news for folks that enjoyed the blue skies. We are off to a cooler start because of the cloud free skies. For the afternoon, good morning as we are looking at temperatures similar to yesterday, seasonal, a little cool for some, at the coast 60 is the low, low 70s for inland cities and today will be the coolest day and then we warm up by tomorrow. Details on the rest of today and the week ahead coming up. San jose police are investigating a deadly crash involving three cars, the crash just after midnight at the intersection of allmond and expres that a Nissan Murano during a red light, the impact caused the hyundai to collide with a tesla at the intersection, the driver of the hyundai died, the driver of the tesla was not injured and the driver of the nissan was booked into the Santa Clara County jail for vehicular manslaughte
For the country and the economy with ian bremmer who says we should be thinking in terms of three years. Plus, well speak with Kevin Durants Business Manager about the lockdown of the sport. 59 minutes left of trade iing. Lets focus on the big stories mike is tracking todays Market Action near the highs of the session. Phil lebeau watching boeing dragging down the dow. David faber covering the executive shake up at at t and kayla on the latest round of government stimulus. Mike, first you on what were seeing slight gains, still lower on the week an upward drift here in the afternoon, but as you suggest within the range, obviously just consolidating r very, very big really historic magnitude of a rally we saw during march. April rather weve come right here, 28 20s is an interesting level in late summer its kind of rushed up last summer we were afraid of some kind of perhaps tipping into a mild recession. Here we are looking at a vastly worse recession. The earnings picture is very opaqu
Which tends to show up around sunrise, and you can see a little bit right there going over San Francisco. So we do have patchy fog. Therefore it is down to 40. 51 officially in the city but Golden Gate Park is 50 with a breeze from on shore. That will be some temperatures that will be only in the 60s for the western part of the city. 51 officially, oakland is 49 the, at the airport and santa rosa both at 40. That system to the north keeps things in check for one monday, but temperatures will be a little above average near the coast and bay and low 80s upper 70s away from the coast. Alrighty, lets head over to sal now and see how dublin great is doing. The dublin grade is fixed, there is slow traffic though, now, in other parts of the bay. Lets go to the marin county signed, coming down to the golden gate bridge, there is slow traffic on Park Presidio drive coming away from doyle drive, you see the red there and you will see traffic that is going to be busy in that area. I am also going
Theyre also being manufactured as we speak following the announcement of our reopening guidelines there have been some very partisan voices in the media and politics who have spread false and misleading information about our Testing Capacity is totally false and misleading demonstrating a complete failure to understand the enormous scope of the testing capabilities that weve brought online and we started really from ground 0 we started from really being very very. Outdated an obsolete as a country from the past and i will say this if they didnt understand it its just really unfortunately i hate to say this because weve been getting along very well but it would be false reporting because they understand the capability and its going to be up to the states to use that capability the states have local points where they can go a governor can call the mayors and the mayors can call. Representatives and everybody everything is perfect and thats the way it should work and always should work wi
Increase the budget gap by 1. 6 trillion this fiscal year. We knew it would be expensive. We now have a number. Act, to makeres sure we get relief to individuals and businesses affected. Romaine obviously, a lot of folks are looking at what is happening with the budget. We did close higher again. How much you want to read into these numbers, that is up to you on a personal level. The nasdaq 100 did close higher on a yeartoyear basis. Losses itll of the had i believe going back to march 20. Of buyinging a lot here. David, when you take a look at not only the earnings season but some of the rallies we have gotten out of some of these things. Names like tesla, amazon. I can sort of understand why some investors would look for a little bit of safety and growth. We may be getting a little too far ahead of ourselves. How these companies are going to perform in an environment where business spending might look a lot different than what we are used to seeing. David those are two very different