All the fast moving developments. The back to improving trend here but the markets are chewing on that, i guess assessing not improving fluff. What is your take . I agree with you. If you look at continuing claims, they have fallen pretty dramatically. The weekly claims there is sense by the market to keep the momentum going. Maybe that is a stimulus package. We dont know. Obviously the market takes it as a slight negative. We have had in the economy last couple months is housing boom, explosion in building. It has driven up commodity prices. Lumber prices. Multiyear highs. Multidecade highs. There is a concern that may cool off a little bit. Housing starts slowed down a little bit in august. There is a little bit of concern, that maybe that bright spot in the economy is starting to go down a little bit but not so much if you look at the oil market. Look at the oil market it is kind of signaling Better Things ahead. Weve seen a big jump up in oil prices, the last couple of days, a big
The nasdaq is testing the lows hit during last weeks threeday selloff that sent it into a 10 correction. Any more than a 206point loss for the nasdaq and we right now are down 212, so yes, we are now deeper into that correction territory. We knew the pandemic absolutely crushed the travel industry but now booking holdings, forced to take a draconian step ahead of the Holiday Travel season in order to stay alive. The ceo of booking is here to tell us if hes at least starting to see a shred of light at the end of a very long lockdown tunnel. Plus we are on the ground in florida after the aftermath of Hurricane Sally. A money manager to sports star shares his covid stock picks. And new evidence of a coming coronavirus foreclosure disaster. Less than an hour to the closing bell, lets start the claman countdown. Liz weve got to get to the hottest software ipo of all time. It is now getting iced over, with about 59 minutes left to trade, take a look at snowflake, falling hard after yesterday
Promoting, in their words, a frank ogawa plazate about 50 a detailed chart showing what racist movement. Is allowed to hope and under this it has emboldened races each tier. Behavior from Law Enforcement officers and others. Hair salons and barbershops protesters out here. Just a we are right to defend black bodies, we are right to defend short while ago they marched latino bodies. Will be allowed to vendor back here after being on the protesters demand that Services Starting monday, Shopping Services and retailers move for the past three hours may open doors of the minutes marching on city streets. On maximum capacity. Sun valley mall says they likely will reopen monday, but hopes to soon. About 150 protesters marched on i hope they take the time we the streets of downtown Oakland Police officers who shoot and kill people of color will be starting at around 8 00 friday charged and prosecuted as. It is bringing anxiety to night. Get done right rather than rush the africanamerican timid
There 200,000 deaths now. That would be an average of about 1,000 deaths a day between now and then, a little bit less. Thats just about so thats about right. Thats not i dont see that as particularly startling. I guess just the sheer number itself. But of course we can control the sheer numbers, totally. Right. 214,000 people is the size of salt lake city. When you put it that way, it is, i mean, it is sad and alarming and all that. The cdc also says people under 20 are now the Largest Group getting covid. Thats a new headline. What do we know about why that is happening . College. I mean, i think its as simple as that, that its as a lot of places have gone back to there is a lot of schools reopened around the country, a lot of transmission on college campuses, and its a lot. There may be some high schools mixed in with that, but its really mostly colleges at this point in time. All right. But do we know, even though a lot of them are starting to get sick, are they getting sick as in
Thanks for starting it right here with us. Im marcus washington. And im laura garcia. Well get to mike and the Early Morning commute, if there is one out there, but lets check in with kari right now. Were talking about cooler temperatures could help out firefighters. Yeah, thats been such a Welcome Change for the bay area as we start out this morning with a layer of that marine layer, the clouds, and the fog near the coastline. Our air quality will still be unhealthy today for many of our microclimates except for the coast and beaches where we will see that fog pushing in more of that fresh air and not so much of that stagnant air we have in the valleys. As our temperatures today reach into the upper 80s in a lot of we continue to monitor all the bay area fires. Heres the latest this hour. The warmer spots. Well talk more about this the lnu complex in the north bay coming up. Mike, any issues for drivers this morning . No, kari. Has burned more than 356,000 chp did warn about the fog a