Financials all higher by 2 or there abouts shares of Sonic Automotive up 200 from the march low as the demand for used cars skyrocket during the pandemic. The ceo david smith will join us well welcome him as power lunch begins right now thanks the stocks are still on track for a week in the red bob was more on the moves for us we were moving down quickly at the open. We turned around at 10 00. Thats when we got the headline that the regulators were easing part of the rule we had word that texas was pausing the roping plans we drifted lower again thats what i mean about dualing headlines that we have been seeing its been drifting lower they are delaying the california theme park they have been on a down trend for a while. Nice to see Energy Bounce back we had a bad day yesterday on energy as oil dropped about 5 they are all bouncing back today. Thats helpful all five of the big names advancing, theyll be up on the day. Back to you. Lets go to the bond market where yields are lower rick
Theyve told me that yesterday theyve made significant gains theyve entered the western gates of sirte now thats known as an area the checkpoint 30 which is 30 kilometers west of sirte they have entered and are in control of this area they have also entered one of the al jazeera which is south of sirte this is a valley a valley of john of which is a natural a natural barrier of sorts so this is a lead into g. And a thats the internationally recognized government of National Court control of sirte weve we can see that the red or the rhetoric among g. N. A. T. Politicians among among the military officials here has has changed and thats because they are now in a position of strength they feel weve seen drastic drastic changes since the since the support of turkey to the g. N. A. T. Several cities the stronghold of of to huna belonging to warlords leave to have to was taken and so theres a significant change and position for the g. N. A. T. Now there are in in the southern. Southern suburb
Right now on kpix 5 and streaming on cbsn bay area, we are looking live from our exclusive Sales Force Tower camera. We look at the Golden Gate Bridge in the distance. Good morning. Its wednesday, june 10th. Im michelle griego. And im len kiese. We are at the halfway point, michelle, and mary lee has the forecast to start the day. Good morning, mary. Good morning to you, len and michelle. Clear skies, and as we head through the afternoon, plenty of sunshine, and heating up even more as we head through the afternoon. Heres a live look at the mt. Hamilton camera. Temperatures on the mild side. 50s and 60s to start the day. Through the afternoon, the day time highs will soar. Mid70sin San Francisco. 90 in san jose, and mid90s for concord. Highs 9 to 14 degrees above average for this time of the year, and the ridge of High Pressure is strengthening for. Coming up. Im anne makovec at the live news desk, and breaking news out of vallejo. Several people were shot last night in north vallejo.
Speaking out on social justice what amazon and facebook are doing this morning stay ahead of the conversation youre watching Worldwide Exchange right here on cnbc. Good afternoon, and welcome from where ever in the world you may be watching. Could be another very, busy week in the markets and otherwise the big question today really for the markets is whether this incredible rebound rally will roll on. Futures right now are showing that it might. A price like that its the first record closing high since february 12th really number one optimism that the American Economy will recover faster than expected with data point ceos and all coming back quick. And trillions of dollars around and finally the old t trade, there is no alternative as bonds lose their luster. And bonds in the last few questions absolutely dumped. Investors selling treasuries and buying equities and of course moves inverse to price rose 40 last week from bonds from yields this weeks fed meeting will also be huge if ther
Data from john hopkins showed the crown a virus or past half a 1000000 deaths over the weekend with more than 10100000 and factions worldwide while the overall death rate has flattened in recent weeks Health Experts are concerned of a possible resurgence as new cases are indeed spiking australia recorded its largest daily outbreaks in april 11th with 85 new Coronavirus Infections in 24 hours now the country is looking to place more restrictions including social distancing guidelines and the European Union opens its borders the European Commission declined to comment on the list of countries whose citizens will be allowed to enter the e. U. In the coming days. Were not going to speculate on what is going to be the final decision by the council we of course understand the huge interest that this issue raises. But for the moment do is a process of Decision Making process in the council. And we do not want to speculate on what the final result will be and amid a spike in coven 1000. 00 cas