Another ten days before some businesses in San Francisco with offer storefront pickup. Retailers are making plans with social distancing in mind and some customers are trying to navigate the r50ules that can change between counties. Pete is the owner of green apple books. They have been limited to online sales. If he were in another par of the stay, he could be open were curb side pickup. Customers have questions. A lot of customers are wondering why we are not doing curb side. Reporter he is following the San Francisco restrictions. The counties taking it slow, it now sounds like may 18th could be the target day. Jay is with San Franciscos chamber of commerce. It makes sense. A lot of the smalls, there is infrastructure to set up. How do they make payments. Reporter owner of tantrum says toy sales have shifted to online sales. They want to be cautious. If people want to buy a birthday present, they can pick it up, they e know they will get it in time, i think if we can do it safely, w
Carpet with the stock winners and losers ahead of hollywoods big weekend. Im melissa lee coming to you live from studio b at the nasdaq, tim seymour, and rebecca patterson, former chief strategist at bridgewater. We start off with the markets gold rush, the precious metal soaring to a record high today, topping the 2,200 mark for the first time ever. It just notched its best week since october and is up 20 over the past year. The latest rally coming alongside bitcoin which topped 70,000 during todays session. Ethereum also hitting a record. Stock market ending on a down note. The nasdaq shedding a percent while the dow shed. What does this tell you about the strength of this market rally . Rebecca, happy International Womens day. You too. What do you make of this gold move . I think what were seeing with bitcoin, gold and stocks today, theyre skpleetly separate. There isnt one big macro factor driving this. In the case of gold, id highlight two main things. China and china. Chinas Cent
Yesterday stocks were down for the third time in four sessions. Not far off the session lows. That was just a decline of 85 points for the dow. A loss of ten points for the s p 500 and a loss of 11 points for the nasdaq. Check out what happened overnight in asia. The nikkei was up by a half percent. Mainland china markets closed for that weeklong celebration that they do. In europe, in the early trade, at this point theyre under a bit of pressure. Biggest decline coming in france with the cac down by 0. 8 . Ftse off by a half percent. The ftse has been the big story. Ftse up yesterday. The british pound falling to the lowest several since 1985. Well talk more about that in a moment. Look at crude oil prices. Cried down yesterday in the regular session. It did pick up some ground in the evening session after we saw a surprise draw down in api inventories. 50, right within spitting distance. 49. 44 for wti. Among the top stories, becky is still here. Yes. Im still here. Its interesting a