Nbc bay areas scott budman joins us from Good Samaritan hospital in san jose with the latest on all the developments. Scott . Reporter all right, raj, lets start with one fairly new development in front of the entrance of Good Samaritan hospital. Two large tents have been set up. The tents are there because they expect a lot of people to come and get checked for the flu in the day ts ahead. The entrance to Good Samaritan hospital now has two large tents out front. The hospital calls it a precautionary measure to prescreen people who come in with flulike symptoms. You will see, if you go around to the county, that each hospital has its own plan of how it will deal with the potential risk. Reporter meanwhile, Santa Clara County Health Officials say theyve discovered two new coronavirus patients, bringing the total county wide to 11. They also have new guidelines for risk. The risk increases with age, with the amount of time and close contact with a number of people who are together and w
Well talk to one player in residential any commercial res and ask if hes feeling the same sense of optimism, but we begin with todays market and dom chu with those numbers. Its a bounceback from the down day that we saw on friday to kind of close out the week and we are green across the board for the major indices. The dow industrials is up 128 points and onethird of 1 and its the underperformer for the value blue chip index and 28,243 and up 38 points and three quartes of 1 gain and to put that in context at the highs of the session we were down 58 points up 37 at the lows. So again, a very positive session, but tilting toward the lower end of the trading range so far today and the nasdaq composite currently at 16,113. Thats up about 140 points or maybe just about threequarters of 1 upside there. Again, greenin technology is leading the way. Jon mentioned some of that apple and alphabet dynamic because of the bloomberg report because of a possible licensing or Partnership Deal and alp
Day. It is definitely a top heavy move. You see it up 0. 8 . The equal weighted up too. Nasdaq up by a full percent. Alphabet as mentioned popping this morning. It is now up about 4. 3 and the biggest upside contributor. Apple is ahead as well, 1. 4 on reports that apple might use googles zoo a. I. Capabilities in the iphone. Crude up another the high since halloween. It leads to the talk of the tape. Based on a goldilocks economy, a. I. Excitement and prospect of an easier fed, is the playbook changing . Lets ask adam parker, Research Founder and ceo at a cnbc contributor so. Adam, yeah, those have been the narrative threads that worked pretty well. Almost no pullbacks. Some pockets in the market in the last couple of weeks and things have cooled off but not fallen apart. Where does that leave us . I think the bull case is still intact, right . If the average company can have gross Margin Expansion and if i start thinking earnings will be up for the next few years well be ahead 25 ver
Plus, well talk the state of electric vehicles as ev maker vinfast goes public via spac. We speak to the ceo about the deal and studio giants offer a new deal to striking writers in hollywood. Well bring you the latest reporting on that matter. But first, we dig into these markets. We look at here in the us, strong Economic Data over in china, a slowing picture, and we try and marry it all together as well as whats happening in the uk. From a macro perspective perspective, the numbers are so strong here in the us. When you look at retail sales rising, more than expected, what does that mean for a Federal Reserve that has to keep on perhaps pushing back against a very Strong Economy . Were off by half a percentage point. The nasdaq gets hit. In fact, all the major benchmarks here in the United States. On the lower side. Interestingly, though, were buying the dip when it comes to bonds. Weve seen, of course, the yields push higher over the last few days. Notable when were thinking about
That macro picture. Consumer prices down. Retail sales flat. Jamie dimon calls on the u. S. To get its fiscal house in order. Plus the intensifying a. I. Race. Google is rolling out its most powerful a. I. Assistant yet. And a Bipartisan Senate group out with a new report on how best to regulate the technology. Sara eisen is live from jerusalem, speaking oneonone with israeli Prime Minister Benjamin Netanyahu. Lets get to the cpi print. As we pointed out, 3. 6 core year on year, jim. More than half is gasoline and shelter. Its only going to get better. Gasoline, obviously, oils come down. Iea with some reports saying its not shouldnt even be at this level. Food, were starting to see some things in food that indicate that things are getting better. I mean, for instance, one of the things they said that was bad was cereal, but as we know, david, i told you that kelloggs says theres too much cereal. Were going to see buy one, get one. The things that people are being hurt by, except for s