We start off with the stimulus slide, stocks sliding off Speaker Pelosi held a phone call with steven mnuchin. Lets get the latest from ylan mui. Whats going on here they have agreed to talk again reporter thats right, melissa. We know the phone call at 3 00 p. M. Lasted for just under an hour pelosis office sounded fairly positive on twitter, her spokesman said they continue to narrow the difference differences. Now, pelosi and the treasury secretary will speak again tomorrow, and by the end of the day, that 48hour deadline that pelosi imposed, they should have clarity on whether a deal is really possible before the election however, over in the senate, republicans are moving on. Theres not a lot of appetite in the chamber for the nearly 1. 9 trillion offers that the white house has been made to democrats. So one measure will be to extend the payroll protection program, and another one on targeted relief neither is expected to go anywhere, either, because democrats remain opposed on t
To it from all angles in fact, heres the San Francisco Police Department so looks like they brought out their mobile unit as well the command center at this location so it looks like they obviously will be part. The investigation whether or not this was intentional or not you can clearly see 13th street here and im located at 13th and harrison you can see the signs that they have blocked this off to allow trucks from the Fire Department, the Police Department to arrive at the scene without anybody getting in their way. This is an area that is very busy south of market as you talked about robin, a tropic is only moving from the left to the right from this way so this is as close as people. Are allowed and as we speak right now it looks like its not just my imagination right it looks like the smoke is now turning a little bit wider which is a good sign that they have turned the corner when its thick and his black in its just hard to see through that means that the fire is reaching new ma
50s and 60s in santa rosa and san jose. Morning fog with cool lows with some errors in the upper 40s. Warming to hot with an onshore breeze. The fog will retreat slowly for some. Thunderstorms over the mountains. And temperatures, if you like the last couple of days, not much change. Near average. Highway 17 s. , you want to focus on that first . We are looking at that. I was 17. And looking at other commutes but first we will look at the bay bridge. But yes, we will get to hide something. I want to remind people that the bay bridge does have a backup in case you have not seen it. See mentioned i was 17. In case you havent heard, there was an overturned truck stop on something at the summit. Northbound traffic has also slowed. Bigger problem force up on something. We will update that all morning long until they clear. Lets get back to the headlines. Arthritis put out a fire in pittsburgh and rescued one person after regards went up in flames overnight. It happened at 245 on crestview d
At 211 a share, now its 213 up again, those two Companies Amazon and microsoft have huge and growing cloud operations. That is a big part of their stock rally. Now look at tesla, 142, yesterday closing 1600 a share and this morning its up 11 bucks, 1654 but it is up again, are these tech stocks a bubble, is it like the dog, the late 90s, ive never seen anything like this before. Now look at the overall market, the Dow Jones Industrial going up again, maybe 150point of the opening bell, the s p of 21 points, two thirds of 1 . Look at the nasdaq, a half percentage point and more because a big tech again. The market is also getting help from the europeans who reached agreement on a near trillion dollar rescue plan that helps and they are still negotiating a plan for the United States as of right now. Bottom line, big tech in the market going up again today. A different story in our cities there is a confrontation going on on one side local largely democrat mayors on the other federal auth
The heels of positive covid19 vaccine news why are all the opening trades down check out the airlines and cruise stocks, battling rocky seas with major losses a cross the board. Lastly, check out casino names youd think they would rally but no a sea of red. Whats with the break down between positive vaccine data and these trades were back to the old play book in the market, tim yeah we had a week off. S p outperformed amazon 8 in a week boy look at the turn around, look at that move by amazon, big upgrades on the street, maybe its just catching up to the levels 3200 on amazon by goldman, alphabet shares theres Different Things going on as good as the potential vaccine news flow could be, i do think that the reopening trade is moving in reverse theres states that arguably have lost control. So, i think consumers are assessing, but more importantly investors are assessing what consumers may or may not feel comfortable doing in terms of gettings on airplanes and getting involved in some h