We are monitoring his comments right now for any news that breaks. We are on this event for you. Meanwhile, got to look at the markets. Kicking off the first trading day of september with new records for the s p 500 and the nasdaq, and the dow is back in positive territory for the year. We shall see if these numbers hold through the rest of the hour. You know, septembers traditionally the worst month of the year for the stock market. But we are going to ask our floor show traders if they expect september 2020 to follow the usual pattern, because nothing about 2020 has been usual, to be clear. And we will get a view from the farm as harvest season is fast approaching. We will talk to one soybean and corn farmer about how he sees the phase one trade deal playing out in the middle of the coronavirus pandemic. Plus, the state of spacs. A giant in the Media Industry is turning to the world of 3d printing to tell us why he is now taking desktop metal public. Less than an hour to the closing
Fifth straight day with over 10,000 new cases if military medics aiding hospitals in texas and california. High gear this week this week we have eight dow components including ibm, cocacola microsoft, intel and american express. Analysts are expecting steep decline in earnings and revenue due to the coronavirus. On wednesday, investors have a close eye on tesla. Following ition electrifying rise and been the leadership in the market. Meanwhile futures kicking off the week in the red take look at where were looking at for the opening of trading this morning. Dow futures are lower by 31 points and nasdaq is up. 6 and a half, s p 500 futures right now down five points. Last week the dow and temperature s p were at for a third week in row but a nasdaq snapped two week winning streak last week as you can see. 2020 race is on about 106 days before election day 2020. New fox news poll show presumptive candidate joe biden holding lead over President Trump but race is narrowing. Were taking a l
They come in. I want to thank you for joining our midday show. And im marcus washington. Now, our other top story for you this morning. Tens of thousands of workers are cross the bay area and country for that matter are walking off the job for eight minutes and 46 seconds. Thats how long a Police Officer kneeled on George Floyds neck before he died. Todays protests, taking a stance opposing systemic racism. Nbc bay areas Cierra Johnson is live for us in Mosswood Park in oakland. Whats happening there . Reporter yeah. This rally really just kicked on of a few minutes ago. But folks have been making their way here for about the last hour. This rally is part of a Larger Movement thats taking place in as many as 25 cities across the country today. Organizers expect tens of thousands of everyday workers nationwide like fast food workers, rideshare drivers to walk off the job to make a statement about ongoing cases of Police Brutality and the presence of systemic racism. National organizers
And now get hbo max included. Limited availability in select areas. Call 1. 877. Only. Att first, the sir Francis Drake statue was taken down, then less than 24 hours later, the name came off of the high school. The governors new strike team. Their mission, fixed states overloaded unemployment system. Were locked into our typical summer pattern for now. Ill show you whats changing for the weekend coming up. San franciscos latest weapon against covid. Millions of dollars in support for immigrants and undocumented families. Abc 7 news starts right now. Building a better bay area for a safe and secure future. This is abc 7 news. So, yeah, its a little scary for me because, to me, its life and death. Tonight, relief is finally on te way o californians who have been unable to get unemployment benefits. Governor newsom announced a new strike team to address the numerous problems and the backlog. This is an issue abc 7 and 7 on your side have been on since day one. In fact, weve received abou
Reporter governor gavin newsom is promising to fix the states overloaded unemployment system with a strike team. Newsom explained there should be no barriers between californians and the benefits they have earned. He pointed to Unprecedented Demand due to job loss during the pandemic and an antiquated system creating what he calls an unacceptable backlog of claims. His office estimating there could be about 1 million claims eligible for benefits with added information. Welcomed news for valerie dean. I hope that it brings about action for so many people. I mean, i think that theyre just completely overwhelmed and i feel for the Unemployment Department employees. Reporter dean initially reached out to 7 on your sides Michael Finney for help after losing her job at a Printing Company because of covid19, edd started paying her benefits, but then the money stopped. According according dean, edd flagged her for a job from three years ago. Deducting penalties this year. She went seven weeks