3386 is the number to watch for that s p 500 record close. 59 minutes until the close we have a big show coming up to day the s p 500 makes yet another run at that record close bob doll will tell us why he is expecting the economic recovery to be more choppy. And why hes cautious in the short term plus, gaming the impact of the dnc. Well speak with a policy expert who says this weeks Democratic National convention could be a negative for the market even though its happening virtually. Right now, were going to focus in on the big stories were watching to day. Bob pisani is tracking to days action we have the latest on growing tensions with china. And joining us with his outlook for stocks is tony dwyer bob, start us off with the Broader Market whats going on behind the scenes and whether you think we could see that record s p 500 close today. When you get this close within less than 1 he , you usuy can get over it. Were still not there. 3386 as you heard before is the old closing high t
At temperatures a little bit cooler for today. If it was too hot yesterday, especially inland, we will cool down by several degrees. Here is a look with our san jose camera. In san jose we have clear skies at 63 degrees and mid 50s in San Francisco with those clouds and 58 for oakland. It 62 for concord. That sunshine inland is 92 in concord, and yesterday was 99, and then 80 in san jose. There is some clearing around the bay. We are looking at 65 for pacifica. We will talk about temperatures that will be cooling down tomorrow. Details on that or coming up. Happening today, it is the first day of school for the Oakland Unified School district but five minutes after the pandemic, the district and the union are still negotiating the details about Distance Learning. We are live in oakland this morning with what this means for students. Reporter good morning, we are now in week four of negotiations, one of the main Sticking Point is the number of hours requirand thachersunwamit wants seven
Gatheringpeople doing essential work and need to work in close proximity, we need to have that happen. Lets not gather for things that could otherwise be delayed or be done on zoom or in other virtual ways. With regard to specific out breaks, i cant comment on drawing conclusions from the gathering at dolores park except to say thats behavior that were very concerned about it. Our message continue continues o not gather unless absolutely essential. Do not gather out side your immediate household. If you do, wear those face masks and use good hygiene and socially distance when possible. Look, when i walk or drive around the city, we know this is still not happening to the degree it needs to be. We need to hit that 80 mark. Lets go for 90 or one hundred. We need to crush this curve. Thank you. The next set of questions are from the associated press. How have the states problems with cal ready effected San Francisco effective reproductive rate. Its based on the number of hospitalizations.
You may address the board once per agenda item for two minutes. Item number 1, call to order. [roll call] president tsen here. Director dunlop here. Vice president lai here. Director richardson here. We do have a quorum. President tsen excellent. Before we begin, hello, directors and members of the public. Thank you so much for joining us today. I am sorry that we still to conduct our meetings by teleconferencing. And i ask that everybody be patient as there is a lag time sometimes to hear the Public Comment. But our able secretary kate austin will guide us through the process. I would like to start the meeting with a quote, whose life and words inspired so many of us. He wrote a letter which was published and i quote from that letter. He says, ordinary people with extraordinary visions can redeem the soul of america by getting into what i call good trouble, necessary trouble, building and participating in the democratic process are key. Democracy is not a state. It is not an act. Each
Him about the cuts he made to the Postal Services funding. Fox news Congressional Correspondent has the latest from capitol hill. Reporter President Trump is standing by his belief that mailing voting would lead to voter fraud in the upcoming election. This is democrats saying he is trying to sabotage the election by making cuts and defunding the Postal Service that would slow the flow of mail. This is a claim the president denies. Its not a political issue. We cannot have millions and millions of ballots sent all over the place, sent to people who are dead, sent to dogs, cats. Reporter the postmaster general is set to testify on friday. Meanwhile, House Democrats are calling for the fbi to investigate whether he or the board of governors have committed any crimes by slowing down the mail. It is one of the most undemocratic things i have ever heard of. You are opposed to people voting by mail, disenfranchising them. Reporter nancy pelosi is bringing back the house from their august rec