University, so you dont learn all the tough lessons of trading the hard way. President trump pushing republicans to do a bigger stimulus pack on toe help struggling families to help boost the economy. Will lawmakers listen . I will ask senator kevin cramer coming up. All that and much more own making money. Charles oops, it happened again. Yesterday the market surged as the Federal Reserve wrapped up. From would be whether wobbly to fullblown swoon. In this is not the first time it played out. When there are more winners than losers, happies because of the waiting system but it often triggers more selling and cause investors to sit on their hands. How do you buy stocks when the overall market is down but not really down . Ipo mania. Everyone is asking is it sucking some of the oxygen out of the rest of the market . The singlefamily housing boom, does it continue or too late to leverage your portfolio to this phenomena. We have a lot to cover. I want to bring in jared levy, paul schatz
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
, warning a significant backer for years to come. Secretaryse cabinet pledging to maintain policy if he wins, but says more can be done. Lets get a quick reminder how u. S. Stocks ended. The s p closing at a fresh record. This in the face of warnings of a k. G. Recovery and pessimism relief bill. Tesla dropped as much as 15 after Bailey Gifford cut its stake. We are seeing s p under pressure. Lets check in on oil. Below 42 after slipping to a three week low with upcoming refinery maintenance weighing along with a stronger dollar. The greenback rose the most as the euro slips positioning. Technicals are favoring abounds in the dollar, according to scotia bank. We are shaping up in asia, futures pointing higher, holding above 106. Yoshi keeping big stimulus going in japan. We will be watching chinese tech giants after india banned appser sets set of including baidu. Drivers fueling performance of chinas big tech stocks from march lows. The rally has been broader on the mainland than in t
Into a desert as we did have those temperatures as you can see in some places that were in the triple digits around the bay area. There you go right now. You can see the numbers out toward livermore. You can see up towards santa rosa similar. But look at San Francisco. 100 degrees. 105 in san jose. Most places almost 30 degrees warmer than average. At this hour, were still in the mid to upper 80s inland. So the temperatures continue to stay quite hot. That is the issue. In addition to that, we continue to see issues with the excessive heat warning. And a red flag warning as we head towards tomorrow. Once this ends at 9 00 tomorrow, fire danger starts to ramp up. Dry north winds making very challenging conditions for firefighters especially across the north bay. Dropping down to Single Digits on tuesday. Well talk about when cooler weather will arrive and when this cooler weather will end. Sounds good, rob. Thanks a lot. A saturday Night Beach Party in the middle of a pandemic complete
Into a desert as we did have those temperatures as you can see in some places that were in the triple digits around the bay numbers out toward livermore. You can see up towards santa rosa similar. But look at San Francisco. 100 degrees. 105 in san jose. Most places almost 30 degrees warmer than average. At this hour, were still in the mid to upper 80s inland. So the temperatures continue to stay quite hot. That is the issue. In addition to that, we continue to see issues with the excessive heat warning. And a red flag warnis ends at 9, fire danger starts to ramp up. Dry north winds making very challenging conditions for firefighters especially across the north bay. Dropping down to Single Digits on tuesday. Well talk about when cooler weather will arrive and when this cooler weather will end. Sounds good, rob. Thanks a lot. A saturday Night Beach Party in the middle of a pandemic complete with djs and bonfires. The mayor warned not to hold a second one tonight. Sergio at ocean beach wi