Loans, slash grants, becoming available right now, to the tune of close to 35, 40 billion thus farce. Conservative estimates. Maybe as high as 75 billion by the end of day. That is buoying the s p 500. The dow is 19 off its bear market low reached a little more than three weeks ago. A similar situation for the s p 500. Now, about 16 or so away from those lows. Whether that holds is anyones guess. But a lot amid talk as well well get more stimulus here or relief, whatever you want to call it. That it could rival the price of last and most recent relief package north of 2. 2 trillion, hard to say. Blake burman has been looking at all of that. Blake . Reporter hi, there, neil, hard to say indeed. Here is what i am seeing speaking to Senior Administration last night, there has not been sizable movement the last couple days next potential steps coming in terms of economic relief. I am told there are some ideas that they are kick around within the white house as of if that does happen, what
Just like this miserable quarter. The house of pain the s p shedding 1. 60 . The nasdaq declined 9. 5 the Dow Jones Industrial average had its worst quarter ever the craziest thing, though, truly crazy, do you know it could have been a lot worse. All sorts offer stocks have roared since the bottom a week ago. S p rose 1. 9 last week. Were leaving the quarter with almost as much hope certainly we had it than despair. How is that possible when the pandemic is raging and the entire economy is in dire straits . This decline was vicious as anyones ever seen it. Investors tend to regroup. They figure out what they can make peace with, but whats too toxic to touch the ones they made peace with have stabilized and can actually rally on good days, but they may not have bottomed. You know exactly what time talking about. Days like today theyre going to give up the ghost a little bit theres some terra firm a there for some of these companies. The question now, are the stocks that led us in last w
Next an update from Ohio Governor mike dewine on the Coronavirus Response in his day, he talks about access for testing and preparing for an influx of patients in hospitals and other medical facilities. Good afternoon, everyone. This years spring comes early. Later tonight, when spring comes in, this is the first day of spring, spring is a time of renewal, rebirth, always a time of hope. And so i think it is significant that we think about that today. We are in dead winter, we know this winter what we are going through is going to continue for a while but we also know there is hope and spring will come. Spring will come to ohio and across this country and it reminds us how good life is and the importance of all of us doing everything we can to get through this and move forward and there will be a new day coming. If doctor atkins is right, we may even see a baby boom, a lot of babies born. There is nothing more joyful than the birth of a child. We have a lot to look forward to. I am goi
Showers right across the san mateo bridge across the east bay from concord, walnut creek, san ramon. And looking at, light to moderate rain from fremont. But pouring from milpitas down through san jose. We will talk more about what you can expect for scattered showers this afternoon, coming up. Here in the live shot. Definitely going to be careful. When advisories are in effect for some of our bay area bridges that includes the webers life. And, we can see all those raindrops. And those like the blowing in the wind. It looks like traffic is starting to stack up. Keeping a close eye on that. There is a crash reported a vehicle out in lane. And, just a heads up, if you plan on taking the freeway. I went advisory here. And, other trouble spots, you want to look out for, there is a broken down vehicle right at 980. Hopefully they can clear that pretty quickly. Right at traffic, as you approach this. Your drivetime. To the maze. It will take about 14 minutes. New this morning, heavy rain so
Of the sun and its setting. For the beauty of the earth and the glory of the skies, we give you praise. Today, make our lawmakers heirs of peace, demonstrating that they are your children as they strive to find Common Ground. May they take pleasure in doing your will, knowing that by so doing they are fulfilling your purposes in our world. Lord, you are never far from us but often we are far from you, so show us your ways and teach us your paths. We pray in your merciful name. Amen. The presiding officer please join us in reciting the pledge of allegiance to our flag. I pledge allegiance to the flag of the United States of america, and to the republic for which it stands, one nation under god, indivisible, with liberty and justice for all. The presiding officer the clerk will read a communication to the senate. The clerk washington,d. C. , december 4, 2019. To the senate under the provisions of rule 1 paragraph 3 of the stranding rules of the senate i hereby appoint the honorable kevin