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Edward. Reporter going on right now is that the statement in the rose garden between the president of mexico and the president of the United States, president donald trump. The two World Leaders finishing that up. They will have a signing ceremony after that to celebrate this the mexican president known to be longwinded. He is speaking at the moment. President trump touting the trade agreement as a huge win for the two countries. The administration saying it would add 600,000 jobs over the next five years. Andres Manuel Obrador you see there, sees the trip to reiterate importance of the trade agreement and strengthen cooperation with the pandemic. It is his First International trip as president of mexico. He flew her commercial, an wore a mask, testing negative f ....
Launching that service here in the u. S. Later this month. We are staying at home and we want our groceries and other purchases delivered and quickly. And we are on that story throughout the program today. As for the overall market, dead flat following a selloff on tuesday but keep in mind the dow and s p are up 40 from their march lows and the nasdaq is up 50 since then. Pretty impressive. President trump says he will pressure governors to reopen schools in the fall. This is a major step in getting the economy back on track. Kids go back to school, parents can then go back to work. That, of course, will be an issue for sure in the election, where joe biden has the lead in all of the polls, if you believe them, and even some wall street firms are apparently preparing for a biden win. But we have a democrat pollster coming up in a few minutes who says the race is a lot closer than the polls would indicate. Just wait until you hear what congresswoman ilhan omar wants to do to the economy ....
Investment savings again as tensions continue to rise. Selling underway this morning. Dow futures down 50 points duh the nasdaq is up 4 and a quarter. S p 500 right now down 3. Growing concerns over coronavirus spikes and what it could mean for the recovery fueling a selloff yesterday. Nasdaq and s p 500 snapping 5day winning streak with declines in double digit. Facebook not getting a like. Walmart says retailer reportedly to offer freeday delivery and customers willing to pay a 100 a year. Defund police, this as crime is rising across america. We have you covered coming up at 7 30 a. M. I will speak with new york city mayor Rudy Giuliani, dont miss that. Secretary of Homeland Security chad wolf will join me. Secretary is live at 8 30. Mornings with maria is live right now. Global markets this morning are mixed. Take a look at european indices across the board. Dax lower b ....
Definitely driving that, the market has been worried all week that we will see these bikes and companies will start closing things again like we seen with apple and it will delay the economic recovery in this country. As you mentioned in texas, phase three on pause closing the bars today, restaurant occupancy going down from 75 to 50 , florida is in phase two and the governor is saying i dont know when we will go to phase three, we have to get phase two working. He said there will be no Alcohol Service in the bars, food only. The Coronavirus Task force briefing is very interesting, they stress hospitalization and the rates going up but hospitalization only 5 of cases whereas it was 15 in the beginning. The market for the week, the nasdaq wiped out the gains because of todays selloff, you can see where we stand there, the nasdaq is down 1. 9 for the week, the dow down more ....
You can see everything is pretty much concentrated around the bay from the san mateo bridge southward and its leaking over to the south bay valleys and tying to push into the south bay where its dry where we are looking at san jose, 87 just south of the mineta and San Jose International airport. So mid to upper 50s and we will stay at the upper 50s at the coast, and mid to upper 60s at 4 00. Our best chance of showers are at noon, and almost by 7 00. Later today we should be getting more information from the governor about the next phase of reopening businesses, and that includes parts of restaurants we have not seen in a long time. Amy hollyfield is live for us in walnut creek this morning. Reporter reggie, dont get too excited about summing here to a restaurant soon, the bay area is being cautious and wanting to take things a little slow slower, a slower approach, and the state has already started phase two, and even tha ....