Not his first or last. He will share his story on making money. Charles so before we even start with todays session i want to glance back to friday in the market. We saw a rollercoaster. It was all about news out of d. C. , right . Remember it looked Like Congress would throw in the towel on any additional fiscal help. The rally faded big time. Then came word talks would continue over the weekend and the market actually soared. For me the most important part of that session was the volume. It was highest day of volume in the entire month of july. It was on a up day. That is a huge buy signal in my opinion. Want to bring in Disruptive Tech research founder, lou, moneymap press, their chief strategist, shah galani and erin gibbs of gibbs wealth management. Shah, your thoughts on this market. It is breaking out. The volume is getting stronger. I think that is the ultimate buy signal. Youre absolutely right and it was the buy signal coming off the lows in march. What people miss is that th
The women owners are defying owners. Chicago, teachers and parents once again at odds of reopening plans that even parents say are major league screwed up. California, wildfires that are raging out of control right now with no end in sight. Talk about impeccable timing . Were on top of all of that. Were focusing on developments in washington where the president is meeting with a number of tech leaders and workers. Blake burman at the white house with more. Hey, blake. Reporter hi, there, neil, and President Trump is set to be signing an executive order in washington momentarily. Im told what this will involve to try to insure when federal contracts are given out, they are given out to u. S. Citizens and not potentially h1b visa holders. Trying to insure the contracts are given to american citizens. We should be hearing from the president shortly. We will wait to see, neil if the president will be taking any questions and if he does i have to imagine he would be asked about this tweet h
Morning. Dow, nasdaq and s p scoring fourth straight month of gains. One of americas old retailers filing for bankruptcy. Lord taylor hit hard by the coronavirus pandemic. Surprising results of new study ahead. Mornings with maria is live right now. Dagen global action, european markets up across the board. The euro zone economy showing signs of some growth, purchase Managers Index there for july coming in at 51. 8. Anything over 50 shows growth. In asia overnight mostly higher, private survey of chinas Manufacturing Activity showing growth for july. Purchase manager index hitting 9year high. Gold shines, on a roll closing in on 2,000 an ounce. White house officials and democrats set to meet again today to discuss covid19 stimulus bill. Cheryl white house chief of staff mark meadows says we still have a long way to go and hes not optimistic about reaching a solution soon. Democrats want the extra 600 of Unemployment Benefits which ran out last week extended an republicans want to reduc
In light of the attack from the invisible enemy, as well as the need to protect the jobs of our Great American citizens, i will be signing an executive order to temporarily suspend immigration into the united states. So far the white house has not offered any more details. The pandemic has already been almost all of these put on hold now for weeks. President trump also said he is hoping the senate will vote tomorrow on a bill to replenish the Paycheck Protection Program to help struggling businesses. Those funds ran out last week. The new stimulus package is expected to provide another 310 billion in loans. As well as money for hospitals and virus testing. And an unheard of development as Oil Prices Fell into negative territory, as demand dries up it is causing a huge threat on oil and Storage Facilities around the world are at capacity. Marathon oil is closing its east bay refinery amid the historic plunge in prices. The data from San Jose Police reveals overall crime in the city is d
Announcer building a better bay area, moving forward, finding solutions. This is abc 7 news. Why you will see if you are cruise on the road following a request from the california dmv. Thank you for joining us. Lets get right to the weather. Frances we will start off with a live look outside. From the roof camera the Ferry Building. Winds are light. For today, sunrise at 6 28. Temperatures in the 60s. It is going to feel a little muggy. Clouds will be clearing by midday. This afternoon it is going to be hot inland. We will see some 90s and lent around the bay. Look for upper 70s and low 80s. At the beaches it will be mild in the mid 60s. The sun sets at 7 57. We have a chance of isolated showers tonight through monday due to hurricane hilary which will become remnants of hillary by the time it hits us. I will have more details on that coming up. Thank you so much. You develop its overnight. The move comes after the california dmv requested the robo taxi company to do so well investigat