The new world and is stored with low economic data, wall street reversing in just the last hour, we have been down in some cases triple digits but now we have the Dow Jones Industrials just down about six points, s p down to, the nasdaq has punched into positive territory. What is this mean, market legend mohammed is about to tell you if he thinks the worst for the market has finally passed. Plus ill go oneonone with Energy Secretary, just as oil pushes back about 29 per barrel. We mentioned nascar, nascar about to drop the green flag once again this weekend, nascar president is here as engines begin to rub when nascar becomes the first major sport to get back to action since the Coronavirus Crisis began. But what will change prewe will tell you. Even the april retail spending collapse, there is one piece of clothing that saw a triple digit jump in sales, with an allstar lineup this friday on less than one hour to the closing bell, lets start the claman countdown. Liz breaking news, Ho
How are you . I am doing okay, i am having major allergies this morning. I am feeling it. We will take care of you. I am dave clark, little of the week, it is may 20. We are talking about the forecast for the day. Any big surprises that we need to look out for . I think it is the wind that is killing me. Steve, we will come back to you. The winds thursday allergies up, no doubt about it. It is a quiet forecast. The forecast has more son, it should be warmer and lynn. We are jumping up a couple of degrees, but, there are low clouds out there. It is a westerly breeze. Northwest, it is advanced from san jose, the rain will and, and mid70s, San Francisco goes a little bit above oakland, so, over to sal. Any of these on your screen, my friend . As a matter of fact, i am looking at these things here. There is construction closure here on 880 at 238. You should watch out for it. You can see that traffic is going to be slow. We are also looking at the commute and the east bay. So the area that
Next week we cool down, and guess what, we are still warming up, and today will be close to the warmest day. Clear skulls come san jose is 54, just a hint of a southsouthwest breeze. There is a north wind north of 42, right about 10 to 25, and thats making for some pretty mild conditions, and it wont take long for paul warming up. Also, low 90s, well above average for this time of year. Lets head over to sal now. Pretty quiet, is that still the case . The heat is on, sal, the heat is on. I had forgot to turn my music off, but now i did. And thank you very much, the heat is on, steve. [ laughter ] all right, good morning everyone, lets take a look at what we have. And theres not a lot going on in traffic. You can see, that the bay bridge, as you come through, you will see the traffic is moving along very nicely, and we had a pretty quiet morning. Some mornings are worse than now. S. 7 02. Lets go back to the headlands. All right, sal, thank you. Breaking news we are still following in s
Down to 321,000 down from 1 million. 321,000 job losses is still eight times the number we were averaging in the first two months. However it could skyrocket again if washington does not replenish state and local governments to pay public employees. Thats this sector now thats beginning to be hit. Second, temporary layoffs may be back to work sooner. We site the university of chicago jobs study that just came out. Up to 42 . 42 of the job losses are not coming back. Stocks have balance back. Thou up 750 points this week. Anytime you have investor and Consumer Confidence indicators going up, that helps in terms of job reconstruction. Spending is starting to recover. The question is, is a Consumer Spending going to be increasing enough . Versus asia do not see a resurgence of covid cases yet. It suggests that can be control. Merely opening up a few retailers for curbside business wont help much. That will have small the very minor impact. He said the federal paycheck Protection Plan whic
Clients. Got to hear mohammed, one of the smartest in the business. What if there were a tool, work with me here, that identified where in the air around your town coronavirus might be hovering . Drone Company Dragon fly says its drones can now just do that. The ceo is here on how they work, but also on the privacy controversy now swirling around his wildlooking aircraft right there on the screen. In this work from home world, theres a real lifeline between millions of employees, their coworkers and their clients, the ceo of slack is here on what happens to his companys dominance as the world reopens. An important question here. Breaking at this hour, protest against governor newsoms beach closures are heating up in california. We have helicopter video in. We will take you there. Plus which stocks Warren Buffett might refuse to discuss during his annual meeting tomorrow and why that should matter to you the investor even if you dont own shares. Plus charlie breaks it on round two of th