They locht it. Nuggets come up with a defensive play. Murray. They miss the layup. Gobert got it. Mitchell hanging at the other end. Two seconds to go. For the win and it rims out denver hangs on announcer this mornings eye opener is presented by toyota. Welcome to cbs this morning. Thats how i feel, too. Lets go im calling it Tony Dokoupil day because the band is back together. We checked. Its been since march 24th the last time we were all at the table. 115 days. 18 hours, 26 minutes but who is counting. Who is counting, yeah. Can you hear me over there . Normally we have six, seven people. This is good. Were practicing social distancing. It feels farther away than it look. Were glad to be here really, truly. Were going to begin this morning in kenosha, wisconsin, af atral visit from President Trump. He toured the damage and posed for what critics called photoops in what he suggested was a support for the community in Law Enforcement after recent unrest there. The president painted a
It has been rough. Rough is a nice way to say it. My wife and i 30 years ago began our business and quite honestly, over all these years, we have faced adversity and challenges, but to be honest, nothing like we are today. We have literally had to reinvent our business several times since the beginning of the year just to stay afloat. Our revenue, for example, is off about 40 . Employees thate we had precovid and our customers are a little scared, our employees are sometimes afraid to come to work because of the covid, and, to be honest with you, i am frustrated. I dont understand how we got here. We are the greatest nation in the world and it just seems to me maybe if we just came alone,r, this one issue may be as americans and being united, we can overcome. Thank you for sharing your story. Im sure many Small Business owners feel the same way you are feeling now. We wish you the best for your family. Now i would like to turn to marley diaz, who is 15 years old, a literary activist an
The fda approving a 5 15minute rapid test the ceo will join us thats a biggie as power lunch starts right now thanks as august comes to a close, its been a stunning summer rally the dow up 13 the s p up 15 and the nasdaq up 25 . Bob has more for us. Bob. August is usually a nothing month. Not this much. Usually august is typically flat to down. Were up 6. 8 so far best august since 1980s. April, may, june and july have been pretty good monthly gains five months in a row. Why is it happening . Everybody wants to think its apple because apple is up 18 . The s p would be up 4 rather than 6 . Its a lot more going on than apple. The pricing are pricing at some economic rebound could see the returns. The dow transports are up. Thats a cyclical group. The russell 2000 is up high yield is the best performing bond asset. This wouldnt be happening if they were projeking iproprotecn economic downturn. The better argument is theres a bull argument thats winning the argument so far. This is the arg
Consumer sentiment levels rising slightly there are some signs momentum is faltering. Corporate america making big layoffs. Underlying the wall street main street divide. 59 minutes left in the trading week s p 500 set for its sixth Straight Record closing high 7th day in a row of gains and 5th week in a row of gains coming up in a few minutes. Were going to speak with James Bullard about this weeks major fed policy shift the strength of this recovery, washington stimulus stalemate and much more. A bold call on energy, we will speak with a strategist who says now is the time to buy the sector continues to lag far behind the Broader Market, despite todays pop. Lets get straight to this resilient market, the s p 500 looking to close out its 7th straight day of gains, the dow turning positive for the year. Mike san tolly tracking all that action resilient, relentless, persistent, this uptrend, the s p 500 clicks the 3500. So essentially bumping up against that thats your High Water Mark i
Thank you for joining us. With just days to go before the holiday weekend, we begin tonight with a warning. Dr. Anthony fauci today saying how america behaves this Labor Day Weekend will determine how the virus spread this fall and r memorial day and the americans memorial day and the fourth of july. Now, this comes as were learningthd. C. Is urging Health Officials to be prepared to deliver vaccines by november 1. In a letter obtained by cbs obws, c. D. C. Director Robert Redfield urging governors to fast track permits to ensure Vaccine Distribution sites are up and ready by then. Theare states prepared . One state, florida, making a lot pa news tonight. Schools in miamidade county, the target of brazen cyber attacks, today impacting Online Learning for thousands of students. Well, the f. B. I. Is now involved. And look at this image taken in valucia county, florida, taken on the first day of schools, week, teachers and parents alarmed by the sight of student packed together. Now, thi