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Panther angela davis. Everywhere you turn 15th street is covered in that black lives matter mural. So everywhere you go, not just that community, but businesses that have been boarded up, essentially black lives matter art murals everywhere you go. For now, well send it right back to you guys. All right. Melissa, the soul of oakland is shining bright tonight. Thank you. In the past 15 days since floyd died, millions of people are making changes in how they act and how they govern. Today those calls to action were front and center in houston. The service was inviteonly but streamed live worldwide. Lets bring in Nbcs Jay Gray who joins us in houston on this memorable evening. Jay, we watched it on tv, but you were there. What stood out to you . Reporter yeah. Raj, powerful, emotional here today. We had tears and laughter. We had prayers inside the church here. George floyds family joining a grieving nation to say one final goodbye. T ....
Winning streak lets go to bob with more on the market bob. Its a little bit of indeterminent trading. We have been trying to get over the end of april highs we would break out of there and well be to the march. We have been stalled out here. Take a look at the sectors here. You can see in front of you, reits down banks have been drifting lower all month. Consumer staples out performing a little bit now down as much a couple of news announcements the fed niensannounced they wer going to start buying the Corporate Bond etfs. This has been real winner for people who tried to front run the fed anticipating they were going to be doing this up 16 in the last month wells fargo, all sorts of Corporate Bonds. Ge capital bonds are in this thing. The other piece of good news or interesting news is pnc. They own 22 of blackrock. They own i shares. They are selling that whole stake. This ....
He built up. Incredible work, turning around best buy and positioning it as amazon came in and took a lot of market share. Romaine he did that, but the person standing beside was corey perry. We will let you know once we get more details. In the meantime, stock market closing higher. Record highs all around. Lets check in with our reporters as they monitor the different stories out there. Im thinking about something ,ou and joe were talking about the week. We may have record highs, but there is some defense going on. The best sectors for the s p 500, utilities up top, nearly 4 . Even though we have alltime highs, the s p 500 is coming on defensive sectors. Real estate is up 2. 5 . Rates are about flat. Typically these would do well if rates were going lower. Of the growthome sectors here, tech and materials. This is a longterm chart. Utilities tend to do better at the end of the markets. To2000, the peak was closer the end of 2000. 500 peaked in p october. The fact that we have all thi ....
This stock hitting a century mark thats right, a 100year high for this company any guess sns send it on the twitter feed we reveal the answer later on in the program. All right. All that ahead but we begin right here with what some are worrying could be ipos gone whiled wild check out the morpt moves in the the recently public named np beyond meat, smile direct, ub err. Up double digits this year np smile direct up 34 uber up 17 beyond meat up 5 a and were only 9 trading days into 2020. Now many of the names are still well off the alltime or ipo highs. So is the recent rally too far too fast and if so which, guy adami of those names, if with with you nicked one of the names shone would you say this is the most worst and ee egregious example of momentum gone amuck. The most momentum gone amok beyond meat is fascinating to me it went from 75 to current levels in a straight line. But also off the 240 level we saw in july. I dont know if necessarily run amok they are well off the highs to ....
We are seeing that rain coming down. Mike, you were saying highway 1 is closed in one direction. This is the remains of a vehicle involved in a deadly headon collision on highway 1. Whats going on, it was going northbound on the southbound side, so the two vehicles involved, one person died as a result of this crash. Two others are in the hospital. Were checking on the condition repeatedly but its not a very good situation there. The southbound side is obviously closed. A reminder that will slow you down. Youll have to divert off at highway 35 getting over to highway 35 and taking sharp park road. Its slowing with folks taking that diversion into pacifica. Im told theres only one tow truck to do that back and forth. The rest of the commute is still very early. Back to the continuing coverage of the storm heading our way. Bob redell is live this morning. Should be pretty high winds out there. Reporter the chp has issued a wind advisory. You can see the speeds were seeing now, right now ....