Yeah, probably frustrating for a lot of people, power shutoffs persist this morning but in some cases power has been restored. This map gives you the latest look. Where the outages are and its mostly in the north bay and along the peninsula. Pg e plans to restore all power at some point they say today. Businesses in oaklands montclair district has power again this morning. They lost it about 20 hours ago. One Business Owner says hes becoming all too familiar with the same drill. Today is only one day. Also, its not a friday so its okay. We can survive. The north bay still feeling the impact. That wont help anyone get their wifi back which has been tough for anyone trying to work or learn from home. Decision 2020 for you this morning and President Trump and joe biden hit the south and midwest today after dueling town halls last night. Each candidate touched on the same issues but not on the same stage. Today in the bays tracie potts with reaction. I was flipping back and forth. Certainl
Arrows dow futures indicated down by about 260. Weve seen down 300 this morning. Nasdaq also down sharply down by 200 points and the s p 500 down by about 37 so significant declines after two other days of losses also playing out in the treasury markets as well. If you want to take a look at what is happening there, yields have gone down, right now the ten year is yield iing below 0. a lot of this has to do with renewed lockdowns in europe. Lets get to karen cho who has more on what is happening there. Thank you very much we are witnessing losses across the markets as we contend with more news flow around more severe restrictions. Weve been hearing the last couple hour 24s that there may moves announced later on today, reports from various Media Outlets suggesting that london will move to a tier two restrictions the london mayor has spoken suggesting that the Health Secretary will reveal the changes in the house of commons. No mingling between households currently there is a rule of si
Ahmaud arbery. Well have the latest on the expanding investigation. And surprise plea deal. Actress Lori Loughlin and her husband are pleading guilty today in the College Admissions bribery scandal. Why they may avoid spending time behind bars. But first, heres todays eye opener, your world in 90 seconds. Its so important that we dont congregate in groups of hundreds of people. Each one is really almost guaranteed to create another outbreak. Officials are concerned the unofficial start to summer could lead to a spike in coronavirus cases. Now is not the time to tempt fate and pull back completely. There is you dont want to stay locked down forever. I tested positively toward negative. President trump says he tested negative for covid19 and thats one reason he gave for not wearing a mask in front of the press. I didnt want to give the press the pleasure of seeing it. I have but one question. Are you going to beat this guy . Yes. Yes, yes, yes. President trump could be heading to the cap
Hold on. This is a tease. Stealing the thunder already this thats right, we are going to talk about this in just a moment anybody still on radio has to wait a second. Take a look at the futures this hour dow futures down about 170, s p off by 2 and nasdaq down by 81. Yesterday, nasdaq down about 1 . Crude oil prices, lets check that quickly we had been watching that contract build up. The july contract build up to just over 34 yesterday. Lets call it even at 32. Then there is the treasury market weve been watching youll see the 10year note has been yielding 0. 64 . A little pressure there too. Take away. With that tease, it feems like months now, weve had really big guests and corporations a big interview at 8 00 a. M. Eastern. Well talk all things economy with former Vice President joe biden about the pandemic, the race for the white house and so much more. Well do that at 8 00 a. M. Live with him a big interview to look forward to on this friday. Tgif i know all the days roll togethe
Halston, 12. 5 . San miguel withdrew its tender officer for the company as the timeline ran out. Ayala down. 31 . The overall composite half a percent higher. Lets move things along and get to new york and look at some of the first word news. Global Coronavirus Infections continue to rise and now top 4 million with jess at about 280,000. The u. S. Has by far the most cases and fatalities with 1. 3 Million People infected and almost 79,000 having died. The virus was first reported in china and beijing has confirmed about 83,000 cases with just over 4600 fatalities. Saudi arabia says it is planning to cut spending and triple vat to 15 as it looks to offset the impact of the virus. The finance minister says the pandemic combined with Falling Oil Prices has cut revenue input and president and pressure on the public purse. The kingdom reported its biggest surge of new cases sunday, rising to almost 39,000 confirmed infections. To apply more powerful stimulus. The pboc were released a quarte