Housing market the Housing Market has been a strong part of the economy and also boeings 737 max test flight looked like it went pretty well. That stock is up nearly 10 . 59 minutes left if trade. Yeah, helping the dow outperform today coming up on todays show, etsy is major winner at stay at home trade. Shares doubling this year. Well ask Josh Silverman, sooce how theyre using the platform and well talk to larry kudlow about the rise of cases in the United States and the Economic Impact some states including just moments ago new jersey pausing their reopening measures as we stand, the s p 500 is up 1 lets focus on the big stories mike santoli is tracking to days market rally we have the details on gilead which Just Announced pricing for the coronavirus treatment. And julia has the latest on facebooks growing advertising boycotts mike, lets start with you and the broader markets. A tidy little bounce today. Getting back a portion of last weeks losses. Really concentrated on the smaller
And now a rewards program. Well look at tobacco free nicotine pouches how Phillip Morris is capitalizing on them but before that, lets get over to dominic chu with the numbers. S we have lost some steam due to the slowdown in shares of boeing right now, the dow industrials at 39,293, off about 376 points, or 1 downside the s p 500, i will put a star up here, because earlier today, we did hit a record intraday high, but its 5306, flat on the session right now. And the nasdaq also gets a star. Its holding on to gains, but it did also hit an intraday record. Up 85 points we all know the reason why, thats a big part of that story, nvidia we take the next approach to whats happening in the marketplace. Nvidia keeps climbing towards session highs. In fact, so much so that its well above 1,000 a share, 104 per share, up 11 . And to put that in perspective, at this point, its way over now 250 billion in market cap in one day. That means its added just about as market value as the entire market
Obviously, thats a big story of the day. We have big trade alerts in tech specifically we have josh and jim all hitting the button today, but in different areas. Josh, you just bought netflix here down about 2 . Why did you buy it what are you seeing here is this trade . Is this investment tell us what you are seeing. Right now its a trade. Ive done this before with netflix. When this stock blew up in, i think, april of 2022, it was, i think, like one of the best buying opportunities for a large cap growth name of the year. And it took a while. It wasnt like a vshaped recovery i dont know that well get a vshaped year. Once again, the stock is blowing up because the quote, unquote longterm shareholders here continue to embarrass the brand. I cant believe that we saw reaction like we did about them reducing the subscriber guidance it is such a childish metric to begin with it is people that dont own a business think that thats like an important thing when in reality, the company is telli
Now, from abc 7, breaking news. That news is in australia where a crowd has plowed in to scene people in melbourne. You can see the car there. Officials that the driver was arrested. The driver made no attempt to stop, and a preschool age child is among the injured. Its 6 00 p. M. In the evening there. They are not saying whether they believe it was an actor terror or a mishap. Good evening. We will of course stay on top of this breaking news story on our abc 7 news app and provide updates ask we get them. Now to the other top story here. Would you pay 9 to get to work . Apparently more than half of the people in the bay area are saying yes, if it means less grid lock. A live look from the bay bridge toll plaza. Not busy right now. If only it looked as smooth as this. Right . Well the question is, will toll hikes help in that regard . Abc 7 News Reporter is live tonight with the story. Lillian . Reporter dan and kristin the bay bridge is one of the bridges where the toll could go up by
The people in the bay area are saying yes, if it means less grid lock. A live look from the bay bridge toll plaza. Not busy right now. If only it looked as smooth as this. Right . Well the question is, will toll hikes help in that regard . Abc 7 News Reporter is live tonight with the story. Lillian . Reporter dan and kristin the bay bridge is one of the bridges where the toll could go up by as much as 3. It will likely be fazed in, but a big jump nonetheless. The elected leaders were encouraged to learn that a toll hike plan designed to ease congestion has a good shot at winning at the ballot box. A poll said that 54 of likely voters would support the rate hike. Bay area residents are sick of being stuck in traffic. Reporter the results were presented to the commission and now the question is how to craft the toll hike pro posal, a fazed in approach was the most popular. A dollar in 2019 and another one in 2023 and the last in 2027. If you had 3 out of the gate, you would not be able t