Live shows all through the election. Theres something so great about having snl live. Not that i can stay up for it but i like that its there. We want to begin this half an hour with a check of the headlines. We start with the fears of a new coronavirus wave as the number of cases across the country gets closer to 8. 1 million. More than three dozen states right now, many of them in the midwest, are reporting an alarming increase in cases as the death toll has now approached 220,000. It comes as pfizer announced it will not seek authorization of its vaccine until at least midnovember. Heading overseas, some breaking news overnight. A horrific attack in france. Several people have been detained near paris in connection with the brutal killing of a teacher in the middle of the street. The teacher was beheaded after showing caricatures of islams profit mohammed to his class. Police shot and killed the suspect after he refused to surrender. In baseball, the Los Angeles Dodgers kept their p
Keeping it clean and fresh for the bay area. It is because of that ocean breeze kicking in and that is why we are looking at temperatures a little cooler someboo inand an82day as 67n ano in san jose and 85 for concord. You can see the seasonal temperatures as we go through our day. We will talk about some changes by the end of the week and it will feel more like summer. Details on that are coming up lets see how it is getting busy on the altamonte. It is already. It was busier than usual even at last check of the roadways. A possible broken down vehicle right around airway. That might be adding to an already busy ride. I will keep a close eye on that. I am not sure if it is on the eastbound and westbound side but it is sluggish on tracy and mount house yawned north flynn. There is one advisory that might be adding to slower travel times. It is 35 minutes, 205 towards 680. Now along the 101 southbound area out of sausalito, it is a little slower as they work to now to campaign 2020, it
From home and implementing new restrictions he is speaking to the uk as we speak. And big tech stocks gaining back some ground after a rough month. Amazon climbing up analysts say the selloff created an attractive entry point. Sara, we have 59 minutes another volatile session amazon is nicely higher. The Broader Markets are slightly higher yeah, taking all of Consumer Discretionary it with. Retail winners today as well coming up on todays show, despite the upturn, the nasdaq is the underperformer in the month of september so far. Were going to ask tiech investr dan niles where he is putting his money to work. Even the ceo of levi will join us with a look at how consumers have spending money. And speaking of retail, were counting down to nike earnings to day after the close, nike by the way, best performer in the dow right now. Well get results from stitch fix, kb home and teslas Shareholder Meeting and battery day. It is shaping up to be a busy afternoon of news. 58 minutes left of tra
Official cash rate being kept on hold, 0. 25 . They are prepared to provide additional stimulus. Just keeping you crossing these additional lines coming through. Monetary policy needs to support the economy for a long time. The economic recovery is on track. The funding may be ready before the end of the year. There is progress being made on additional monetary calls. There has been a rise in unemployment and an increase in firm closures. These lines crossing the terminal now. They kept that cash rate on hold as expected. Just keeping calm and carry on. You mentioned that november review of the Monetary Policy tool. A lot of questions that they will deploy are negative Interest Rates. This is what the market seems to be pricing in. You see that new zealand 10 year yield ever so slightly get into those record those for yields right now at 47 basis points. Lets check the markets to see what else we were expecting. A lot of central bank action. At these newg zealand assets right now. We a
Remodeling bigtime during the lockdown. Profits went straight up, sales straight up. Those tools, wallboard and paint, just ran off the shelves. These two companies are economic indicators. They are doing well. The economy apparently recovering nicely. As for the overall market, well, the dow, thats close to the 28,000 level this morning, up about 40 points at the opening bell. The s p, thats just a couple of points away from an alltime high. The nasdaq, already there. By the way, apple is only, what, 10 shy of a 2 trillion valuation. All right. Lets get to it. The Virtual Convention. If it wasnt clear before, it should be clear now. This is Bernie Sanders Democrat Party. He laid out a far left platform and its been adopted by joe biden and kamala harris. Socialists wrote the party platform. Im calling it the Biden Harris Sanders ticket. Its the most progressive t campaign of any Political Party in recent history. Tonight, alexandria ocasiocortez will be a featured speaker. We heard fr