It is official. The pandemic has triggered the steepest Economic Contraction in history, but markets in this final hour dont look nearly as bad as they did when the number for gdp q2 came out earlier. Right now, the dow is down 193 points but the low had been a loss of more than 500 points. Yes, we saw that the covid had created a stunning collapse in growth but nowhere at the moment where we see the nasdaq up 56, thats where we see some real strength. But the reaction is most prevalent in safe haven government treasuries. To the tenyear yield which moves, by the way, inversely to the bonds price, diving into a hole. We are at. 55 for the tenyear yield, as worried investors decide it is risk off. All right. So President Trump is making comments right now at the headquarters of the American Red Cross in washington, d. C. Lets listen in for a moment. These therapies transfuse powerful antibodies from the blood of recovered patients to help treat those battling the current infection that
Silicon valley. Welcome to the show. Thank you for having me. Give me your assess tent of what youve seen across the country. These are very turbulent and unprecedented times across the country between police and communities, here, as well as across the country. I think theres a call for action. Theres this is a Pivotal Moment in time, in history, that theres going to be this new paradigm shift in policing. Theres calls for reform. Theres also calls for defunding the police. So that theres a lot of challenges ahead. What has this done to the good work that youve been doing in your foundation across the Silicon Valley . The pictures are beautiful when youre taking the kids out for Christmas Shopping and when youre reading to the kids in class, delivering bicycles to their schools and backpacks and what not. This has to be a big blow to that community effort, or is it . Well, thats a great question. The concept behind shop with a cop was the very reason why this nonprofit was created. Th
What youve seen across the country in the last couple of weeks. These are Turbulent Times in the community here as well as across the country. I think theres a call for action. This is a the Pivotal Moment in time, in history rather. Theres going to be a new paradigm shift in policing. Theres calls for reform. Theres also calls for defunding the police. So that theres a lot of challenges ahead. What has this done to the good work that youve been doing through your foundation across the Silicon Valley . The pictures are beautiful when youre taking the kids out for christmas shopping. The pictures are beautiful when youre reading to the kids in class, delivering bicycles to their schools and backpacks and whatnot. This has to be a big blow to that community effort, or is it . Well, its a great question. The concept behind shop with a cop was the very reason why this nonprofit was created. That was to foster the Mutual Respect between Law Enforcement and the communities they serve, by eng
And honor his legacy. Mothers and expecting moms gathering for a special mothers day surprise at a california hospital. The heartwarming moments from a babies and bellies class from ktvu. Fox two news this is mornings on two. Welcome to mornings on two and happy mothers day. It is sunday, may 12th. Im allie rasmus and good morning. Happy weekend. Happy sunday. And of course happy mothers day to you allie. I know youve got a couple little ones at home, not so little anymore. And robertas got a couple of grown up men. She calls sons. Once a mom, always a mom. Happy mothers day, no matter how old they are. Yes. Right. Absolutely. Its a Beautiful Day today for all mothers and even those of us who have lost our mothers right to keep them very close to heart and mind today. This is our live weather camera, looking at the sea of fog that is swept into the Santa Clara Valley. Were looking out past Monument Peak in towards san jose, where we have the abundance of blue skies. Above that deck of
Now. Are you planning a trip to the shore . The invisible danger thats closing beaches. Now fox 29 news at 10 00. We begin tonight with that bad news if you like heading down to the beach bacteria has more than a dozen beaches along the new jersey coast off limits. Good evening im iain page. Im lucy noland. The source of that bacteria pretty nasty. It certainly not good for business. Fox 29s Shawnette Wilson is live in ventnor, new jersey. Shawnette. Reporter well, it was very quite out here today for such a nice day. What we know is ventnor will be closed for 24 hours as of 1 00 oclock this afternoon. It will be tomorrow morning around 10 00 oclock when they find out if it will be ail to open again. Nineyearold daniel marks and his sister caroline are spending the summer here in ventnor but got up today to find the beach closed. Thats not so fun,. Not fun. Reporter ventnor is one of nearly three dozen new jersey beaches including rivers and b bays state department of epa found higher