This second half rally continue . Then a stimulus stalemate the latest from washington as both pelosi and mnuchin talk covid relief. And later its been one of the biggest winners of the pandemic, why peloton is getting a new street high price target over at jpmorgan its actually not a bad place to start right there, guys, because for the second day in a row, david, we have had some analysts raising targets even on names that they maintain at neutral, today its b of a which yesterday kept apple at a neutral, they upped their target acknowledging moment tim today they do the same thing with tesla, this Equity Funding will fulfill growth and their price objective goes to 500 plus yeah. Listen, every day brings more things that for me are reminiscent of the late 90s its hard to avoid it. I made some comparisons yesterday, many High Quality Companies of course are getting the fuel this time as opposed to what was a broader spectrum of companies perhaps at much higher multiples, many of whic
Still going to be seeing some sun or is there some fog up there . No blog yet. The might be a teeny bit showing up. There will be a lot tomorrow. Still a lot of sun today and we will still be in the 90s inland. We will start to see the temperature coming down a little bit today. More so coast and bay. No fog yet. I wouldnt be surprised if some pops up really soon. We are seeing more 50s. Santa rosa down to 52. 57 the city. Oakland 59. Still 60s livermore and san jose. Some cooling begins today and will continue with, well, well above average, but temperatures are heading down. We are off one 25 degrees, 5 for oakland and hayward. Half moon bay is 4. The temperature trend. Out yesterday and its on its way down today. It will really fall off the table on friday taking us into a significantly cooler weekend. We were in the 100 yesterday and 90s today. 70s and 80s and 90s for one more day. Over to salwa now. Still quiet out there or something popping up on the screen . It is still quiet. I
Trade iing at levels we havent seen in nearly two decades amid falling demand and an expected jump in production and the virus itself remains front and center. President trump e iine ining gus until the end of april as the u. S. Cases top 150,000 weve got great guests join ing us, the ceo of medical supply Company Henry Schein and the head of amid this turbulent market with 59 minutes left, we are up 2. 8 led by helhealth care, tech and Consumer Staples lets focus in on the big stories. Meg is going to join us with the latest on testing and treatment. Kayla has the latest from lawmakers and mike is tracking all the Market Action but meg, first to you hi, guys. Lets start with Johnson Johnson. That news theyve selected their lead candidate for Vaccine Development. Really moving their stock higher and causing a lot of optimism that well see a vaccine in timelines that are faster than expected companies saying it plans to tart human Clinical Trials in september. Months faster than they pr
The opening 20 minutes or so from now we are positioned for a higher stock market at that 9 30 mark europe has been open for some time and over there it is also been largely a positive day so far. You can see germanys dax of course and france the best performer. The 10year note yield so much of a focus yesterday as it same close to the 2. 9 not sure we ever got there were above it now thousand. Yesterday we flowed 2. 89, 2. 915 and stocks dont see particularly concerned wti is down though, higher than it was this time yesterday this morning stocks are looking to extend their daily winning streak, five all three indexes gained more than 1 yesterday shrugging off the stronger than expected cpi after what was a sharp decline early in the session and inflation data out this morning shows Producer Prices rose. 4 in january. That was matching forecast now the core rate minus food and understand also up 4 . That was twice what many economists had been expecting. What a difference a day makes.
More common and increasingly dangerous on local roads. Nbc bay areas Sergio Quintana live in front of Oakland Police headquarters right now. Police see these sideshows as a threat to public safety. Reporter and one of the reasons why they have triggered tonights surge in Police Officers is because they spotted social media posts advertising a large sideshow here in oakland this evening. Now, police say those illegal events can be very dangerous. In the last two weeks sideshows in san jose and oakland, the event have turned violent. Two weekends ago a Police Officer was hit by a car as he was trying to write a citation. Officers will not share where theyre going to be tonight because they dont want to give away a tactical advantage, but they are getting the word out in advance on purpose in hopes that some people wont show up tonight. When we have advanced knowledge, it really helps to get out there and spread the word. If they know were going to be out here in force, theyre less likely