Investors seemingly optimistic that the worst of the economic distress has peaked as states continue to reopen across the country. Meantime, disney presenting its plans to reopen disney world in florida on july 11. We spoke with Disney Ceo Bob Chapek. Disney shares ending slightly up. I want to bring in abigail doolittle, who has been watching all the moves today. What happened today . Abigail this year has been all about volatility. Earlier this year, that huge plunge. We had the huge rebound rally. Earlier at one point, the nasdaq down more than 1 , the faang index down for percent. On the close, looking at green, but with notable divergences. The rotation onto some of the beatendown areas. Take a look at that faang index. Down day, down about 0. 6 . Rising tensions with china, around hong kong, the china index down about 1. 2 . Interesting divergences on the day. Theof this does speak to volatility i was mentioning. Nasdaq,or the relatively elevated, the key 30 level. But nonetheles
People are still trying to adjust to the new night light in s San Francisco. One in three primary doctors are concerned about having to close their practice over covid19. A mild start to the weekend, but tomorrow it is all about rain moving to the bay area. The hour by hour forecast. Abc 7 news at 11 00 starts right now. Building a better bay area for a safe and secure future. This is abcws od eng. Im eric thomas. It looks almost like business at usual before the pandemic. Things are definitely picking up, maybe a little bit too much and the city has taken notice of the large crowds outside the bars. Lauren martinez has our story. Today was definitely the busiest i have seen on Chestnut Street. There is a lot more people coming out i feel like as the weeks progress. Reporter retails sales are up at California Wine merchant where they converted their window into a sanitizer station. This barrier helps. Im the only one in the shop. Were doing a lot of deliveries as well. People are extre
Is it time to bet on stocks that thrive and rebound in the economy . Thats what todays action said. Dow gaining 359 points the s p rising 1. 47 that was easy ooh, and the nasdaq advancing 1. 1 buy, buy, buy with many of the biggest losers of the year leading the way. [ moo i say not so fast. Look, we all want to go back to normal even after we lift the lockdown, the new normal will be different from the old normal. Im tired of the cliche, normal this, normal that. Things have changed for starters the new normal is less investable i dont think it makes sense to fall into the gap of Carnival Cruise or attend live nation concert. The streets roared theyre compressed springs given how far theyve crashed, i think theyve got more legs to them hey, if i were a Hedge Fund Manager id do these stocks by tradein state by state openings if i were an investor like you, i would let them run if i was stuck in them, then escape for the stocks well be talking about later in the show. You have to unders
The funeral of a popular islamic preacher. At least 16 People Killed in a mass shooting in canadas never Scotia Police say the suspect is also. So and donald trump is being accused of making dangerous statements as the death toll from corona virus tops 40000 in the United States many democratic and republican state governors insist theyre not ready to lift restrictions but trump remains optimistic Antibody Testing will help get people back to work i think i get reports now from miami. The u. S. Accounts for a 3rd of the worlds confirmed coronavirus cases and president don trump held up swabs claiming no nation has tested more people he says more than 4000000 people have already been screened and thats now expanding to millions more is it. Does it remind you of something remind you of this. Once a swab once a qtip its actually different. Its very sophisticated actually but its a little bit like so this is the straw. And. The water a lot of them they have a lot of them some of them some
Also coming up locked down 15 in the us protesters across several states call for restrictions to be lifted if they want to return to normal life to get the economy going. Plus the brewery they can trace its history back for hundreds of years has been forced to close we go to southern germany to see the impact of the corona virus pandemic is having on the beer industry. I married to evanston welcome to the Program Music fans around the world have been enjoying a virtual mega concert honoring Health Workers the all star lineup included the Rolling Stones and the grammy winner Billie Eilish all performing from home the event was broadcast live on streaming services and to major t. The networks. They. Would be wrong music with a message. To the Global Citizen and lady gaga curated the online 6 hour event as a love letter to the world i was. Last. Posted by jimmy fallon and other u. S. Talk show hosts the event celebrated those on the front lines of the fight against the coronavirus. Most