That debate this hour. Look at whats leading the dow now. It would be Goldman Sachs up nearly 6 . Apple and microsoft leading the tech heavy weights they are in the poll positions power lunch starts right now thank you, tyler stocks are near the highs of the session right now with the nasdaq leading this mid day turn around lets get over to bob for more kelly, it doesnt feel like it but its been a very volatile two days i want to show you the s p 500 believe it or not, we have moved in 100point range in the last 24 hours we opened yesterday about 3320 and we had a low this morning at the open of 3220 theres 100point range. Right now were in the middle. Part of the problem is valuations we cant figure out where the stocks should be even the megacap names okay, they are up today but they have been all over the place apple has been 105 to 112 in the last 24 hours. Thats a pretty big range for the biggest stock in the United States the problem is our cash like to sap we did this within thi
Predictability. Strong winds blanket the bay haze fromdark, thick wildfires throughout the state, rolling blackouts as firefighters prevent more fires from breaking out amid extreme weather conditions. Joining us now in new york city, bloombergs abigail doolittle. I hope you have clearer skies than we do today. I want to talk about the tech rebound, the biggest rebound after the worst stretch since march. Saying you nailed it the only certainty is volatility. That is going to continue, it seems the worst stretch since march, and then today, the best day for the nasdaq 100 going back to april 29. The big question is whether it will last. Will investors continue buying the dip, knowing what they know about options volatility going into august . You jump in that huge down. Apple and tesla, certainly a good day for each. Apple, down 4 , excuse me up 4 today after dropping more than 10 over a few days. Nothing changed in that story. That tells you the degree of hesitancy, uncertainty on the
Good advice, certainly. On days like this, even San Francisco will see a big jump in temperatures. It is up in the 90s right now in parts of the city. That is a little cooler for some people, but the big draw, the beaches. Joining us now live. Christian, ocean beach and baker beach, some popular spots for folks to head to today. Reporter the city of San Francisco is world famous for its fog, but this weekend the city is filled with sunshine. The city forecast it to be one of the cooler spots around the looking to cool down. The weather, for sure. Its like hundreds back home its just beautiful. Reporter same story at baker beach near the golden gate. City residents and visitors flooding the beach looking for relief. In san jose it is very, very hot over there. We can get a little refreshment coming to the beach. Not much, but a little cooler over there, definitely. Reporter San Francisco supervisor who is district in dolores park says most park visitors follow the Public Health orders t
Building a better bay area for a safe and secure future. This is abc7 news. Two dozen inmates at san quentin prison have died from covid19. Today we learned a guard who spent his entire career there is the first staff member to die from the disease. Hello, thank you for joining us. Im eric thomas. And im dion lim. A south bay family now mourning the loss of a beloved husband, father, veteran, and longtime corrections officer. 55yearold Gilbert Polanco died this morning after a long battle with covid19. Polanco is the first guard at san quentin prison to die from the virus. Abc7 news spoke with the family today. Cornell barnard is live in san jose. Just so heartbreaking. It is a heartbreaking story, dion. His family says he wascovirus f corrections officer will live on. He is a good man. Were all devastated. Family and friends mourning the loss of 55yearold sergeant Gilbert Polanco who died at this San Jose Hospital sunday morning. He was a longtime corrections officer at san quentin pr
She was worried for her dads safety. I was scared he would get sick and this would happen. The family says he tested positive for covid19 in late june. He was admitted to the hospital on july 2. They contracted the virus but recovered. The acting warden said he demonstrated unwaivering commitment and bravery every day during the devastating pandemic. His memory is carried on in the hearts of all the men and women. Who battle the deadly virus. I know its being more reactive than proactive. And i hope that they continue to get their stuff together and properly handle this. Friends and coworkers have been standing vigil in the parking lot. Visitors not allowed inside. To be here in the parking lot and just feeling. Letting them know were here. The family wants the public to know covid19 is real. And people need to protect themselves. This is effecting people. Its killing people. People are dying. It needs to be taken seriously. Her dad knew the risk of the job. But was dedicated to his du