Giants thats benefited from more money in american wallets earlier this year. For more, i want to bring in abigail, whos been following all the action in the s p. A big day, catching up to the nasdaq. Tech is helping. Abigail we have this record high. Market watchers have been waiting for the s p 500 for a week very closely. The nasdaq has been hitting record high after high. Tech, especially with amazon and other tech names, really driving the gains for the s p 500. Morning the this s p 500 briefly went negative after putting in an alltime high. We have this wall of worry. Not only do we have no still is, a second deal is not on the table yet. We have a election jitters, u. S. China trade jitters, the possibility of a second wave. It was not a robust finish for the s p 500, that a record high. One day versions are a little high, given the others closed a little high. The last time this index put in a record high was almost two years ago. Its really the habs and and havenots. Vs techno
1,000 cases in ten days and a new peak in hospitalizations. Tonight San Francisco is taking new steps to prepare for worstcase scenarios. Good evening, thanks for joining us. Im dan ashley. And im ama daetz. City Health Director dr. Grant colfax says the virus is moving fast and more people are getting seriously ill. 107 coronavirus patients are currently hospitalized, the highest number since the pandemic began. 25 of those are in intensive care. The city is opening a new hospital site that would be used to accommodate noncovid patients if necessary. We are creating a care site in the presidio that we hope we will not need. This site is designated for hospitalized patients without covid19 who no longer need acute medical care but arent quite ready to go home. The facility will eventually have the capacity for 93 patients. Dr. Colfax really emphasized today that we need to commit and recommit to being careful. Part of doing that is Wearing Masks. But what about face shields or eye gogg
Turning lower. The virus setting new records across the u. S. Californias hospitalizations jumping to a new high. Rates of new cases also hitting new levels. I want to bring in kailey leinz, who has been all over the Market Action today. We were hitting a lot highs yesterday but the selloff seeming to accelerate in the final hours of trading. Snapping eight five day winning streak on the s p 500, as we approach the close today. It seemed to be a story of tech outperformance throughout much of the day. That weakness heading into the end of training. The nasdaq holding up relatively better than some of the other major averages. It was still down by about 0. 9 . But that was not as great as the laws we saw on the nasdaq or s p 500. The russell 2000 down the better part of 2 . Much more sensitive to the Economic Growth story. That seems to be the issue today, that investors are kind of pondering whether or not the recovery will take a lot longer than perhaps previously thought. You saw tha
Gettysburg won the james j. Roberts award for best civil war book that year and his book on confederate goliath earned the prestigious award on Civil War History given out yearly from the new york city civil war roundtable. Lets give rod gragg a warm welcome. [applause] thank you. Pleasure for me to be in a room full of historians and i say that seriously because i have learned that i may write a lot but the folks who really know the civil war are those of you who read a lot. And i appreciate that. Before i begin, if you dont mind, id like to tell you the story about the young history major what decided after he got a bachelors degree in history, he probably ought to get a masters degree in business so he could earn a living. So he was accepted, enrolled in a distant Prestigious School of business and wondered soon after he got there if he made the right decision because he failed his first exam and so did everyone in the class. Now, the professor was notoriously irrascable, he came in
Crestcom bank center for military studies. Graggs work on battle of gettysburg won an award for best civil war book that year and his history of fort fisher earned a prestigious fletcher pride award for Civil War History is thats given out yearly from the new york city civil war roundtable. Lets give rod gragg a warm welcome. [ applause ] thank you. Thank you. Pleasure for me to be in a room full of historians and i say that seriously because i have learned, i may write a lot but the folks who really know the civil war are those of you who read a lot. And i appreciate that. Before i begin, if you dont mind i would like to tell you the story about the young history major who decided after he got a bachelors degree in history that probably ought to go get a masters degree in business so he could earn a living. [ laughter ] so he was accepted and enrolled in a distant Prestigious School of business. And wondered soon after he got there if he made the right decision because he failed his f