Yesterday. It ended with new records for the s p 500 and the nasdaq, check out this nasdaq, up 86 points, three quarters of a percent, s p 500 up 12 points at 34, 43, unchartered territory. Violence erupting in wisconsin for a third night in a row, the gun battle in the streets leaving two people dead. Weve got the latest. Hurricane laura a category 2 storm, it is gaining strength, barreling towards texas and louisiana. Well take you live to the gulf coast this morning. How far did it go . New details in mcdonalds investigation into steve easterbrook, examining if he and other employees covered up misconduct. Peloton ready for the ipo, giving investors a look at its finances. Finding your happy place, the surprising spot more americans are going to relax. Mornings with maria is live right now. European markets this morning are mixed, take a look at the fq100, down 9 points, the cac is up 8, the dax in germany up 60 right now, about one half of 1 . In asia overnight markets were split,
09 00am by high noon will be at 86 still have room for some 90s in our forecast today again the last day for them before the start falling off Going Forward robin. All right sounds good. Thank you dave. Well Governor Newsom is sending a stern warning of possibly implementing new restrictions this follows an alarming increase. Of new covid19 cases in california. 19 counties across the state are on a watch list for a spread of the virus orange salon omer said in glenn counties were added yesterday. Coronavirus cases increased here in california by 45 over the last week with the Positivity Rate that continues to creep upward now at 5. 9 and the state continues to see increases in icu patients and hospitalizations. Forthright with you we are considering a number of other. Things and to advance and we will be making those as conditions change and we will be in constant. Contact with our county partners to understand how this might impact what theyre seeing and experiencing in their communit
Because theres an increase in coronavirus cases and hospitalizations throughout the county and its gotten so bad that the numbers are showing that almena county has most ksat of any county in the bay area and that has caused major concern for Public Health officials theyve been deciding what to do in terms of reopening or not county Public Health Officials Say the number of cases has risen in the last week from 63 to 71 per 100,000 people before this though they were seeing a decline in numbers so officials thought it was time to move forward with the states case for reopening by applying for variance attestation putting the county officially in stage 2 thats where a lot of counties are in our state. But now the Health Department and other officials dont believe its safe to do so since every day the numbers are now going up at last check theres been 5700 cases of coronavirus here in Alameda County was 133 deaths now we heard earlier from the Alameda County Health Director whos describe
Look at the s p 500 at 2978, a 55point gain and there is the nasdaq the outperformer yet again, almost 2. 25 , 200 points, 9387 the nasdaq, not all that far away from last februarys highs, which our headliner says this hour is going to happen this year and not just the nasdaq so lets welcome in fund strats tom lee. He is joining us via skype tom, welcome back. Nice to see you again. Thanks for having me. Big call. How are we going to get there this year, tom you say 3450 is happening . Yes, and i think what really drives our view is that companies in the midst of the shutdown arent standing still you know, theyre reengineering their operations, learning how to be digital, run with fewer employees and less real estate so in 2021, as we exit this pandemic, theyre going to generate higher earnings on a lower level of sales and that means implied better pes. And thats why we get into july, stocks will start discounting that and were looking for new high hi highs. Youre looking for a vshape
Burnett outfront starts, right right now out front next, breaking news, attorneys in the trump Hush Money Case now have the all important Jury Instructions this as trump goes out of his way today to insult the judge and biden gears up to unleash a new fresh round of attacks plus seizing power. Thats what chinas says. Its now training for as its ships and aircraft surround taiwan is the us about to be drawn into a war with china . And in Outfront Investigations, cnn tracking down a Wealthy Trumps suborder whos now leading a highprofile campaign to block a law designed to protect Election Workers. Why lets go out friday . Good evening. Im Boris Sanchez in for Erin Burnett Outfront tonight, breaking news. The lawyers and the trump Hush Money Case have now received those all important Jury Instructions instructions which are key to the verdict they explained to the jury what it must find a convict, donald trump, on 34 criminal charges. Now this new Development Comes as trump is hurling new