Comeback this summer. The Election Campaign getting back to Something Like normal. Its all part of the great opening up which continues rapidly. Georgia was the first. New numbers show that it has bounced back very very quickly. Its economy has. New jersey has lifted the stayathome order. New york city subways have seen a considerable increase in ridership. And the money from the government is finally flowing to business, and get this, Mortgage Applications are surging, too. Add it all up and it looks like a much stronger summer economy. That outlook helping the market. Caution, however. The Federal Reserve releases its first Economic Forecast in six months this afternoon. That could really move stock prices. But right now, we are seeing a Little Movement to the upside, up 50 for the dow, up about, what, 12 for the s p, and another solid gain for the nasdaq, up almost 1 again and back above 10,000. Its great to be back. My thanks to ashley, susan and lauren for working so hard while i
Tenth Straight Record close driven by all the names that worked all winter long plus a strong read on Retail Holiday shopping numbers do not disappoint. And jobless claims fall pointing to continued strength in the labor market joining us for the hour, anastasia om row sew it is great to have you with us. Great to see you. What do we make of this its typical. We melt up into year end i mean, think about all the things that got resolved in december weve got the phase one basically a done deal between u. S. And china maybe a little bit overlooked by the usmca getting passed by the house. Weve got a lot of good enthuse. We started to see the inflection point. Whats interesting in the internals of the market is what people are buying. What do you do when the s p is up almost 30 for the year you start to look for the laggards its emerging markets, health care, energy those are the ones rallying the most to break down those areas you see opportunity over the course of the hour. For now lets
Now. Dan and kristen sze, just getting records in right now. Eight records so far. Sfo and Oakland Airport both 93. I want to show you other records. Highs so far. 101 in santa rosa. 90 oakland downtown. 94 at moffett field. 97 san jose. You can see it was sizzling inland. 105 in fairfield. 103 concord. 102 brentwood. San francisco up to 84 degrees and be relatively comfortable in Half Moon Bay compared to other areas. 6. Excessive heat warning for lake and solano counties till 10 00 p. M. Friday. Heat exhaustion and stroke possible. Heat advisory for all areas shaded in orange till 8 00 p. M. Tomorrow. Take it easy in the heat. This might be a place to go to beat the heat. Ill be back to let you know exactly when youll get some relief from Mother Nature coming up. That is the place. Thank you. Lets focus now on building a better bay area. One of the subjects we focused on so much so weve dedicate eight whole week to it is Public Safety. The tonight two stories on both sides of the bay
Session. Its been a flight to safety defensive sectors including real estate and utilities are leading the market, and gold is higher and rates moving lower rates falling below 2 once again. Thanks. We begin with optimism on trade talks with china President Trumps trade adviser Peter Navarro on cnbc earlier said were headed in the right direction as the u. S. Plans more tariffs on europe in the meanwhile. Peter navarro is the white houses fire brand on china, so it was notable this morning after attending that u. S. china meeting that produced the weekends truce, he said its all good were reengaged. Were talking on the phone already. Probably be visits its all good. I think it was a pause that was necessary at the time, but this is very bullish for the markets. Lower uncertainty in terms of the whole thing. Were headed in a very good direction. Next up is figuring out how to slice up huawei along National Security lines. The white house and the Commerce Department are today hosting a m
To the extent you can in the public forum to make sure that they are appropriately addressed and that could be a number of these things. Just to highlight one thing in particular given the nature of how the terrorist threat has evolved, i think it is incumbent upon the federal level to share as much intelligence as we can with state and local Law Enforcement. They do an excellent job at the federal level of detecting investigating and interdicting terrorist threats almost on a weekly if not a dalia basis and ive been constantly impressed with how their methods have evolved to match the threat but it highlights that its also critical that we get information out to state and local Law Enforcement as well so that they are aware of what we are seeing is a. With respect to the potential coming to the United States it is we are trying to do the right thing. We are trying to do the other right thing. Its something that we have learned how to do better screening people. The experience we have