Alltime high of 70plus thousand on a sevenday average. Steve weiss, turn to you dow down 10 from its high no, we dont have control of the virus. We dont have stimulus were not rounding the corner. We are, as dr. Scott gottlieb said on squawk entering the most difficult phase of the pandemic we have yields lower s ps down for three Straight Days what do we do with this today, steve . Well, ive taken off a number of positions ive added some shorts, added some puts to protect stocks for earnings theyve done a little bit, but ineffective when you look at the carnage thats out there in stocks like u. P. S. And microsoft, which both had good quarters im very cautious on the markets. Were through earnings earnings hasnt been a lift. Even though its a good earnings quarter, put it in perspective its still down 16 year over year so, markets are way overvalued corona is a big issue. I dont see returning to march lows because i checked the number of cases in china and south korea and the philippi
Teams and teams and delivery of cars for 2020 and so forth. Were starting to get a clearer picture on whats happening in technology as well. This is a big earnings week in general but we got the alphabet earnings last night. And one of the stark things was the difference between direct response advertising and general brand advertising. We heard direct response is doing better we heard it from snap. Heres the general idea from alphabet, gives you a read through whats going to happen with facebook. There were other numbers that alphabet talked about that could have implications for apple, certainly for amazon and microsoft in their cloud numbers. So that data, that intelligence were getting not only for what happened in q 1 but the trends in beginning of q 2, morgan, are so important. Yeah, potentially read through for apple when we get those results after the bell tomorrow, too. We started the week talking about the outsized leadership of these names, microsoft, facebook, amazon, alpha
Eastern only on cnn. Good morning, and welcome to cnn this morning. Im Rahel Salmon In for victor blackwell. And im am sara walker and thank you for spending a part of your morning with us. The Fulton County jaerm District Attorney investigating Donald Trumps attempts to interfere in the election is expect tods present her case to the grand jury. What were learning about the key witnesses ordered to testify. This is the largest Natural Disaster weve ever experienced. Its also a Natural Disaster that is going to take an incredible amount of time to recover from. The death toll from the maui wildfires jumped to 93 making it the deadliest wildfire in the past century. Were live in maui as help pours in and residents are frustrated with the response. Doctors are warning of a Triple Threat heading into cold and flu season and what we should be doing to prepare. Im back in the element. Im back in that mode. Just back, a part of many my team. And back in action. Buffalo bills safy damar hamli
W visitors ordered to leave the island. The Air Port Overflowing with people trying to get out. President biden speaking with hawaiis governor, ordering the military to help with the evacuations. We have an extensive team on the ground in maui with new reporting tonight. Also on this thursday night, new images of the deadly fbi raid in utah. The suspect accused of threatening to assassinate president biden, shot and killed during an attempted arrest, just hours before the president visited the state. What Authorities Say happened moments before agents opened fire. Overseas tonight, in a deal with iran, the regime releasing four american prisoners, moving them to house arrest. The white house insists they have been unlawfully detained for years. Martha raddatz and what iran is getting in return. A chaotic scene in ecuador. Gunfire erupting. A president ial candidate killed, less than two weeks before the election. His campaign promising to target corruption. Special counsel jack smith p
Mike pence. What he said to a heckler who called the former Vice President a traitor. The explosive new report claiming Supreme Court Justice Clarence thomas accepted more gifts from a billionaire than previously thought. Plus, a major win for driverless taxis. Why you could be seeing more of them on the road. Bus route disaster. The Largest School district in kentucky canceling classes after some students were getting home at 10 p. M. And double duty. Meet the mom who showed up to jury duty with her four young kids. Its friday, august 11th from abc news in new york, this is america. This morning. Good friday morning, everyone. Im andrew dymburt. Im andrea fujii in for rhiannon. We begin with a catastrophic fire thats turned much of maui into a wasteland of ash and rubble. The death toll stands at at least 55 and likely to rise with as many as 1000 people still missing. Scenes like this have been playing out on block after block since tuesday, creating the states worst Natural Disaster