Lows the ceo will be here to tell us how he and his company delivered. Plus the university of arizona claiming it has found a new way to prevent covid outbreaks, testing the sewage coming from dorm rooms president Robert Robbins will join us, as power lunch begins right now. I cannot wait for that story. We wait for the beige book from the fed. Dom chu has more on the markets. So the dow is up almost 300 points at this stage, the highs of the session more importantly were keeping close to dow reclaiming record territory. Anybody who has tuned into power lunch or cnbc in general the last several months knows we continue to make these record highs with the s p 500 gold star there. The nasdaq always creeping higher here. Believe it or not, that 12,000 market was hit early today it open up at 12,050, roughly that level just to put things in perspecti perspective, if you look at the nasdaq over the last year, from the lows we saw up until where we are right here, were talking north of 80 ga
I think you need about 25 points to get back to the previous record that was set, were about 25. 68 points below it. The s p futures indicated up by 21 s p has now been on a sevenday winning streak, and youre looking at the longest winning streak its seen since april of 2019 nasdaq was down yesterday, but it is indicated up by close to 60 points this morning the dow was up by over 350 points yesterday to kick off the week treasury market this morning, right now youre looking at the tenyear yielding right about where it has been. 0. 599 that yields a little higher than we have been sitting. Brian, this news about putin and this potential vaccine is huge, but i think we do need to take it with a grain of salt. Youve been all over this already this morning. Well, trying to make sense of it, becky. Good morning as well you have what you think are the markets sort of key points, right . Trillions of dollars in stimulus, potential for payroll tax cuts, all the market themes weve been talking
Louisiana governor requesting immediate federal help. These storms pose a challenge that quite frankly weve not seen before. Course in consequence. Partying students spread the virus, frustrating administrators and fueling campus anxiety. Belarus on the brink, protestors try to oust europes last dictator. Cbs news is there. And later, a Family Reading project that puts a new twist on story time. Were interested in stories that connect kids to some sense of magic and wonder. This is the cbs weekend news. Yuccas good evening, im jamie yuccas in los angeles. The situation is desperate, the second and Third Largest fires in state history are expected to grow as new thunderstorms produce dry lightning and gusty winds. Jonathan vigliotti is on the fire lines in healdsburg, north of san francisco. Reporter california is under a historic fire siege with more lightning expected tonight. Nearly 1. 3 million acres charred and counting as more than 14,000 exhausted firefighters battle nonstop flam
Attention on the show. The fact that the concentration of cases, still seems to be overwhelmingly in the new york city metropolitan area. That includes all five boroughs. Outside the Greater New York city area. Now that is not necessarily a shock. What tends to be here is the idea that when it comes to the number of new cases and the deaths it is about two out of three in both cases that come from the new york city metropolitan area. Why would i mention that . Because on the 15th of this month were going to see the state ease up on some of the stay at home provisions but that will be largely in upstate new york. So we are telegraphing from what he is saying, this is me making that leap, it certainly doesnt look like it would happen in the new york city area, particularly the concentration of these cases remains in the new york city area. Another footnote on these reports here, most have been at home. Most of these cases, indeed most of the deaths, they are older, they are more likely t
But republicans are balking. Will they compromise . The cdcs new alert about kids and covid19. Warning doctors to be on alert for the dangerous inflammatory a out of control. Wildfires burning in florida. 4,000 acres. Mandatory evacuations under way. But dangerous winds on the move that could cause it to spread. Ginger is tracking it all. Abc news exclusive. Back to school. Inside how the university of arizona hopes to reopen in the fall promising everyone on campus a covid test, while the chancellor of California State University joins us live and telling his nearly 500,000 students to stay home. Superstar matt damon speaking out from selfisolation in ireland revealing his daughter had covid19 and how a small town adopted the superstar. The oscar winner repaying their kindness and surprising a nurse on the frontlines in dublin. Oh, my god thank you so much for what youre doing. Good morning, america. Were happy to be with you on this thursday morning, as you like to call it, robin, fr