World . And another heatwave in the northwest. Wildfires continue to rage in california and colorado. How technology can battle the blaze. But first, stocks ending the week mixed. We saw a tech slide. House Speaker Nancy Pelosi saying the divide still persisting in stimulus talks with the white house. Lets get the latest from bloombergs abigail doolittle. Abigail another bumpy one. Had decentay we gains for stocks. Options Expiration Date tends to bring volatility. We saw that into the close. Often you have traders that need to hedge on different positions around the options to the underlying security. The nasdaq 100 earlier today up pretty sharply, then closing down about 4 10 of 1 . A bit of a bearish reversal for the nasdaq 100. One of the big drags was amazon giving up big gains on the day. Ay may not have been as inspired as it was last year. Something we talked about earlier this week, since the stock was down both days of the event. Traders for whatever reason, you will see that
Blake burman at the white house. We have Lauren Simonetti watching the market action. Edward lawrence reporting from washington at the but on this up and down day, lauren, we start with you. Lauren lauren its with up and down day. I had to look over to see if stocks finished the green. It is changing constantly. This is the new normal. Investors are totally unsure how to price in politics. Not just the expected turbulence around the election, but the future of stimulus. Stocks got a major stimulus from comments on treasury secretary Steve Mnuchin he and House Speaker nancy pelosi theyre going to keep talking about a new relief bill as House Democrats reportedly are ready to scale down a package of their own. Doesnt mean it is going to happen up investors like they are talking. We call it the mnuchin maybe, maybe. The s p 500 avoiding falling into correction territory, up, after the closing bell by just nine points. Yes, it is positive on the year by a whole 16 points, guys. Take a look
Known deaths now the county has 18 cases with one death. School campuses in california will remain closed for the rest of the school year governor newsome making that announcement is the state is bracing for a surge of coronavirus cases but the governor also stressed that doesnt mean that its necessarily the end of the school year. We are preparing to set our School System up where we are increasing. Class time but increasing it at home and fulfilling our obligations through Distance Learning. And other mechanisms to make sure that were educating our kids but not doing so physically on school sites. Well the States Education leaders are preparing children across the state to distance learned for the rest of the school year. The state superintendent for public instruction Tony Thurmond is hoping the Distance Learning will accelerate everyones education. He unveiled specific guidelines on distancelearning for district leaders, the states also providing additional weapon ours and resource
The gunman santino leggen saying we would never condone the hateful thoughts and idea ols that led to this event and it is impossible to reconcile this with the son we thought we knew. Police say leggen was wearing a bullet resistant vest as he carried out the attack with an assault tile rifle. The suspect fired approximately 39 rounds during the course of this event. The gunman was shot multiple times by three responding Police Officers but died from a selfinflicted gunshot wound to the head. Its important to insure there is no ongoing threat to any community. The site of the festival is expected to reopen in the next day or two. After developed doors and Community Members have had a chance to retrieve belongings. Im chris nguyen, abc news. Thank you. A funeral took place today for a 13yearold victim of that gilroy shooting. Friends and family members celebrated the life of caila salazar in stan jose. Mourners is left remembrances on her casket as they entered the service which took p
Chaos. This is a story youll only see on abc 7 news. Chris . Reporter good evening, dan. Good evening, ama. Last week they were strangers. Today nick and kim greeted each other like family, bonded by a profound experience. Glad to see you. These are for you. This is my mom, sherry. She wanted to say hi. Reporter the last time Nick Mcfarland and kim thompson saw each other, it was here. A bullet had just hit nick in the leg. Kim was running for her own life. But when she saw him, she knew she had to help. Shes been a nurse for almost ten years. I didnt even think about it wasnt a safe, i shouldnt have been there, i just did what i felt like i needed to do to get him safe. You were my angel that day. I dont know why, but you were. And i guess you could be a complete stranger, but you can save peoples lives. Reporter you can see the makeshift tourniquet that kim used from an apron and his tee shirt. Then she got on the phone with 911. Is he awake . Hes awake, oriented. Im a nurse. He got