Starts. That means demand up for Mortgage Applications, supply going up in the future. That follows a remarkable improvement in the outlook for home builders. They are much more optimistic. The housing rebound would give the overall economy a real boost just when it really needs it. Now lets get to the market. Again, look at this. We are going up again, not much, going up at least at the opening bell. The rally continues. The dow up maybe 70. S p, maybe 10. Nasdaq, better gain, up nearly a half percentage point. Thats a 46point gain for the nasdaq. Okay. The fed is printing money. Theres a new stimulus plan in the works. Retail sales saw a huge increase, a positive News Development on virus treatment plus real estate and you add it all up, youve got a continuing stock market rally. Weve got a big show for you today. The president s reelection hangs on the economy which is coming back strong. So why is he trailing joe biden in the polls . We will address that. Social distancing is the b
Kron fours dan thorn talk to a local doctor about what that could mean for the next 3 months. Its a grim milestone in the covid19 pandemic 90,000 us deaths over the course of a few months since the outbreak began. Many people are anxious to get back to a normal life, but the numbers tell us the virus is still a big problem its its a big number its not that. Well. And rich. Doctor Michael Stacey with Lifelong Medical care says as businesses reopen and more people get out they need to keep in mind how easily covid19 can spread he contributes some of the numbers going down to shelterinplace orders which changed our behavior, however, the doctor says that does not mean we should rush back to the way things were. I was just just right very rapidly and very easily. If we were to go back like the storm like this we knew before models are projected covid19 deaths have fluctuated over the last few months the latest numbers from the institute for Health Metrics and evaluation show by august more
Degrees. 51 to 61, . 51 arose. We have some low clouds in there, so that little bit right there has clouds moving in. Temperatures have dropped off. Santa rosa is also 9 degrees cooler. The big low is on its way for the westsouthwest, that will impact us in the next 24 to 48 hours. Saturday there appears to be some rain. In 10 minutes we will talk about that. So some hanging onto 80s and 90s, but cooler today. So, over to sal and the bay bridge, what do we want to focus on today sal . If you are driving from walnut creek to oakland, it looks good here. We can start with that. Westbound 24, driving over through lafayette very nice. A little sun here, you can see, and traffic is moving well, if you are driving to the Richmond Bridge. It is also looking very good. And we have not had major problems on the freeway with some slowing at that hole plaza. 7 01. Developments about last nights shooting, where five people were hurt. Investigators say five men were shot on williams ct. Just before
Its efficacy and its safety. Good morning. Thank you 05 00am today is tuesday may 19th im James Fletcher and im darya folsom in our big story this morning is california relaxing more areas, the rules are going to be loosening. In a majority of counties now in the state that are starting to reopen governor newson estimates all but 5 of californias 58 counties are likely eligible to start offering in restaurant dining ys in the coming weeks. Counties that meet the new criteria can also begin opening schools with modifications criteria requires counties to have a stable covid19 related hospitalizations and with no more than 20 covid hospitalizations in the past 2 weeks of this is an ongoing thing theyre going to be monitoring counties must also have fewer than 25 cases per 100,000 residents. In the last 2 weeks for less than 8 of tests coming back positive in the last 7 days a lot of requirements. Governor newsome is painting a brighter outlook though for june. Expect if we hold the rate.
And in his shall we say week group has but hes more visibly of these 6. House Speaker Nancy Pelosi responding to President Trumps revelation that hes been taking hydroxychloroquine despite an fda warning about the drugs safety and efficacy of the covid19. Thank you for joining us on this tuesday may 19th im James Fletcher and im darya folsom in our big story is california relaxing the rules in more counties. Allowing some businesses to reopen governor newsome estimates all but 5 of the 58 counties across the state are likely eligible to begin offering in restaurant dining in just the coming weeks. Counties that meet the new criteria can also begin opening schools with modification yeah, the new criteria requires counties to have a stable covid19 related hospitalizations with no more than 20. Covid hospitalizations in the past 2 weeks counties must also have fewer than 25 cases per 100,000 in the last 2 weeks or less than 8 of tests coming back positive in the last 7 days so some pretty