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Yesterdays stomach churning day during which the dow saw its fourth biggest point drop in history. 1,861 points. Equity losses of 2 trillion dollars just shaved right off. One of the triggers from yesterday is the same one thats pulling the oxygen out of todays rally. Worries about a longer recovery and a second wave of the coronavirus pandemic rearing its ugly head. One of the most widely followed economists on the street, in this final hour, what he sees as the biggest obstacle to a more persistent and longer stretched market and economic rebound. Plus, College Football taking baby steps the put the pandemic behind it as players get the green light to begin workouts this coming monday. So could we really see oregon and cal and ucla and yes usc football in the fall . The commissioner of the pac 12 is here in a fox business exclusive. Yes, i will ask, will there be fans . Plus poking fun at the brand new playstation 5 . Portfoli ....
Opened incredibly strong and then petered out and then at the end of the day, a lazarus afternoon. Was it too many people with one foot out of the door pretty much when you try to rebound from 1800 down yesterday, you get these anxious people who ran into a wall of sellers and were delighted to get out at a higher price. The sellers didnt care but didnt want a repeat of yesterday. Once the sellers were done, the buyers came back we are still in the grips of one of the craziest times i have ever seen. At least there is enthusiasm you have tons of new investors attracted by low dollar stocks and crazy hours. People can trade at 4 00 a. M clubs all over the place they blitz in and buy tons of shares with the hopes that someone else will take them out at a higher price. All of these people rely on other buyers to come in after they bought their stocks sometimes it works and sometimes it doesnt these buyers buy certain stocks each morning and bet it will go higher when it works, its great. ....
Couple of days over 8 if you are looking at five days. If you were expecting a quick pull back, you are not getting it s p futures are off by 8. 5 nasdaq off by 31 all three major averages have lost all three of the gains for 2020 so far. We have looked at treasury yields so far. If that goes up, a tick higher well take anything. It is hard to take the big drop when you have one day at 22 keeping things in perspective. Our top corporate story. Disney ceo bob iger is handing offer the keys to the Magic Kingdom immediately. Hes not going anywhere i have a theory this beautiful succession is so orderly it is weird that it comes down to, oh, im leaving today. I want to hear what you know and some of your water cooler scuttlebutt. And go wild. My son informed me yesterday, bob iger is stepping down. Replaced by bob chapek hes been there a long time. Head of the global parks unlike Nbc U ....
Mid60s here. If you are north, it is sold out. 51 most of the temperatures here, fog still an issue, visibility really good for some, not so good for others. Half of the bay anywhere from zero to half a mile or three quarters of a mile in the same can be set around petaluma. A lot of cloud cover, on the mild side, 60s four minium temperatures today. That was nice, that sammy davis, that was nice. The fog is still there although it might be better now as the sun is coming up, visibly slightly better. It is very slow, theres a long line, could be because of the fog but you can see how slow it is approaching the Richmond Bridge. A crash that lingers at ashby avenue, the bay bridge toll plaza lighter because people are coming in from 580 or 880, you can take advantage of that. 880 is completely fogged in. If you look at the commute, you can see traffic is okay. Lets go back to the desk. San jose busy this morning investigating a dead ....
Welcome to jack in the box tonight, an emotional welcome home for a bay area doctor who spent five weeks overseas treating patients in the war torn gaza strip. I would have never imagined seeinguthose traumatic injuries in my lifetime. Im still trying to digest kind of all the all a life altering experienceaw for the palestinian american doctor. Good evening. Im cristina rendon. Igm greg lee. The doctor who lives in saratoga tells us working in gaza is something he will never forget. He performed dozens of surgeries a dayc and says he witnessed tragedy after tragedy at ten ktvu joey horta joins us now aftert speaking with the doctor, joey. He says the devastation in absolutely. He just got back from this medical mission. Greg and christina putting his own life on jeopardy inujeopardy, that is, to save innocent civilians caught up in this horrible images that are now seared into his mind, we want to warn you. You may find this disturbing. Afterufive grueling weeks apart, doctor mohamed ....