Along with kelly evans, im Tyler Mathisen stimulus hopes, the s p reviving overnight. But what about investors are their hopes a little too high this deal is going to get done well discuss that one plus, check out chip maker xilinx upping 14 . Well look into what could be a Seismic Shift for the semis. And jim cramer will lay out his seven sectors of opportunity, including his best picks in the restaurant space as power lunch begins right now. Tyler, thanks. We begin with new developments on stimulus negotiations a short while ago the president tweeted that covid relief negotiations are moving along, go big and reportedly raising his offer and maybe even raising it again ylan nmui, give us the latest. The question is is it big enough they will present a 1. 8 trillion offer to nancy pelosi this afternoon thats still 400 billion less than where democrats are at. Economic adviser larry kudlow said that would include aid for the airlines, direct checks and ppe and mentioned extending hanes
Say the least after a bit of a rebound the other day when i was on with you, yesterday i was not here for what was a decline overall in all the markets. I think we are in a new era of volatility. Every single time we get an up opening people say, okay, i guess that selloff is over and when we get the printed selloff people say this selloff is going to go on for ages. I urge people to step back and recognize we are in a period where theres a lot of vacuum, a lot of people trying to buy when its going up, a lot of people trying to sell when its going down and just interpret that as just being enthusiasm, greed and then fear and accept it that its here to stay because its really the undercurrent behind these moves. Okay. And what does that mean in terms of this socalled playbook that you often offer people who listen to what you have to say sure. It means that if you think that it is going to bounce today because it was down hard yesterday, dont make the first move wait to see whether the
March in bella ruse demanding the president lukashenko resign. And as schools reopened around europe for the 1st time in months the u. K. Government stepped up efforts to get people back to the office. With the sports news and back to donald trump whos taken our eye at n. B. A. Basketball again as teams continue to nail against racial and social injustice the president described the league as highly political and claims its putting viewers off. U. S. President donald trump has defied calls to stay away from the city of can osha saying the violent process there are domestic terrorism city leaders had feared his presence could trigger more violent unrest which was triggered by Police Shooting an unarmed black man in the back 7 times jacob blake has been left paralyzed trampas accused democrat leaders of being weak in the face of demonstrators prompting calls that his visit is more about election campaigning theyre bringing home hes now off of the city and state of wisconsin more than 420
You could even saying its just gone 9 pm here in the russian capital no watching on t. V. International banks to keep me company as we take a look at some of the stories being talked about today and for our stop a Police Officer has been suspended in the u. K. Often being filmed kneeling on the neck called the black man he was arresting. Going to prison for. Youve. Got your. Front load on stewart according to police the man being detained was suspected of having a knife as the officers struggled on the ground a crowd of people gathered and they actually filmed the incident while what happened is being investigated that has reignited debate about appropriate use of force. Im deeply concerned about todays incident and it is right that met police u. K. Have referred the case of the independent Police Watchdog black londoners still face discrimination and we must work with the community to build trust in the police the do footage that i have seen today in the circulating in social media is
50s and 60s in santa rosa and san jose. Morning fog with cool lows with some errors in the upper 40s. Warming to hot with an onshore breeze. The fog will retreat slowly for some. Thunderstorms over the mountains. And temperatures, if you like the last couple of days, not much change. Near average. Highway 17 s. , you want to focus on that first . We are looking at that. I was 17. And looking at other commutes but first we will look at the bay bridge. But yes, we will get to hide something. I want to remind people that the bay bridge does have a backup in case you have not seen it. See mentioned i was 17. In case you havent heard, there was an overturned truck stop on something at the summit. Northbound traffic has also slowed. Bigger problem force up on something. We will update that all morning long until they clear. Lets get back to the headlines. Arthritis put out a fire in pittsburgh and rescued one person after regards went up in flames overnight. It happened at 245 on crestview d