Heres the markets performance this thursday morning. Not paying much attention to those jobless numbers. We are going to be down pretty much across the board. The dow industrials on the down side to the tune of 200. The s p down about 20. The nasdaq, not much of a loss there, down 12 points. Now, ive got some negatives to lay out for you. This may be a negative. Several states report big spikes in virus cases following their reopening. Its the second wave worry. Number two, medical authorities in beijing say the new outbreak has been controlled, their words, but virus statements out of china dont have much credibility with investors. Heres another one. This is not helping. The European Union will go ahead with its plan to tax big American Technology companies. The u. S. Has withdrawn from those talks. This too might be hurting investor sentiment. John boltons book, very negative on the president. Bolton says that everything he does is geared to his reelection and that includes shifting
Good morning, everybody. Welcome to squawk box on cnbc. Im becky quick with joe kernen and Andrew Ross Sorkin well start with the markets after the dow fell for the first time in four sessions. Airlines, cruz and retailers all fell during yesterday sessions those have been the volatile stocks if you look at u. S. Equity futures this morning, youll see green arrows the dow indicated up by 28 points nasdaq up by 24 and s p up 4. 5 yesterday, the dow was down 170. During the course of the morning, we were watching the futures and up as much as 250 in the morning. Weve been keeping an eye what is happening with the treadsry markets. Right now, it looks like that 10year yield is just at 0. 71 andrew good morning. Thank you. United states pulling out of talks with europe to tax tech giants Steven Mnuchin saying international talks have hit an impasse and there wasnt even room for an interim deal it threatened retaliation if they move ahead with plans of their home a number of European Compan
Our bay and inland neighborhoods and a very comfortable evening on the way with sunshine. Youll need a coat at the coast, 57. The rest of us, 72 to 77. Well look at that weekend forecast and little warm for some of us. Thats coming up. Back to reggie. Thanks, mike. The numbers out of san quentin are unbelievable as the coronavirus continues to grow there. More than 1,000 inmates and 100 Staff Members have now been infected. Health and different communities something that abc7 news is looking at closely as we look to build a better bay area. Now, while the virus spreads within the prison, the outbreak is concerning people outside of the walls because these people live and shop in marin county. Laura martinez is live in san quenten with the latest. Laura . 4,000 of the inmates and staff have tested positive. Dr. Matt willis expects the san quentin outbreak to reach 2,000 cases in the next two days. Prison staff was identified as the main vector for spreading covid19 in state prisons and
Decisions to ruin somebodys life. And the people who are living near the accident scene are putting flowers down. And creek side school is where lana was this sixth grade and her older sister was in the eighth grade and we have spoken to the superintendent, and of course, they are in shock, and they have grief counselors not only in creekside, but other schools, because they say it is a tight knit community, and so we are waiting for the suspect joshua byrne of the hayward neighborhood and he does not live there in the neighborhood, but he was doing construction work and came down and hit lana and according to the chp now, it was hitandrun and he is going to be charged with vehicular manslaughter and felony hitandrun. Im trying to see here, because it looks like they are about to bring him out, and he turned himself into the Castro Valley authorities this morning at 8 00 with his attorney present. Chp said they knew in advance who he was based on the information that they had from the
Rain. Its wonderful. Beautiful weather. Joining us now, we have meteorologist, rosemary orozco. How much longer will this weather last . We have a very slight chance of rain and it looks like it will be on sunday. Between now and then, we will be dry and then temperatures remain above average. A look across San Francisco toward the Golden Gate Bridge shows a lot of sunshine with mostly clear skies and here is another view of fso with temperatures running 550 degrees above average. We are really looking at warm conditions, even, perhaps, breaking a record in santa rosa. 74 and the Current Record is 74. Santa rosa is expected to get close to 80 this afternoon. We will break a record there. Mid60s over oakland and livermore and san jose in the 70s with temperatures continuing to warm up in the part of the afternoon with a view of how much warmer we are than where we expect this time of year. Santa rosa typically low 60s and expecting to be near 80 for today. San francisco, 70 and low 70s