Its now on track to offer in Person Learning at some schools on april 12th parents though we remain cautiously optimistic. Thank you so much for joining us here on kron 4 news at 10 oclock. Im justine waltman lot of parents saying hallelujah to this news good evening. Im Jonathan Mccall the first students would be returning to campus. Those students are in the face to which are pre kindergarten through 5th graders. Kron fours gayle ong has the details for us tonight. One parent i spoke with says setting a date is a step in the right direction, but still has questions about the reopening plan. Whats unclear right now is too many students that actually covers for example clear and it is a wage 3 school which means that outside of first smaller handful of schools, there arent reopening date set yet vivian saffron is the mother of 2 students at Clarendon Elementary School in San Francisco, one of thousands of parents who have been home schooling her children for almost a year. She helped o
Ahead of the summit. Major differences remain. Australia silencing the alarm. The value of agricultural shipments falling to the lowest level in at least five years. President trump says Rudy Giuliani has tested positive for covid19. Kathleen lets get a quick look at how u. S. Markets ended last week. All major indexes hitting major highs after a softer than forecasted gains after convincing investors that congress will be forced to pass more stimulus. Nearly 1 . The fifth record high of the week. Rotation, even with this rally was broadbased. Gainingnt industry is in the s p 500 and we had the industries 81 gaining in the s p 500 and we had that sense. Some people are waiting to see if it will rise above 1 . Lets get a look at how things are shaping up for asian markets. Areie this monday, futures pointing towards gains. This as global stocks market cap has topped 100 trillion. We did see it cap a fiveweek climb. We might see some of that risk sentiment taken off of the table. Export
It sums up everything that you need to know in the markets. Equities are down, which means you are getting a flock into full faith and credit. You are getting massive dollar weakness for three straight days. The weakest we have seen on the dollar since 2018. The story of the week, all about gold. Investors watching back in as a hedge against low rates. Big concern about the trajectory of this economy. As i mentioned, some of that trajectory is coming from the fed. They are extending most of their emergency Lending Program until the end of the year in an effort to support the economy amid the pandemic. The fomc kicks off their twoday meeting in washington with a Rate Decision due tomorrow. We are joined by Kevin Nicholson riverfront investment group, Global Fixed Income ceo. I love days like this where i can get a fixed income guy talk about equities. You are talking about the tactical favoring of equities. How much is relative value, where a dividend yield is worth it to basis points o
The dollar index just below 97. Crude oil rallying 2 today on stocks going higher. 87. Arrel of wti 37. Lets get more on the markets. Scarlet fu is with us. Scarlet jay powell testifying before congress for two days of discussion, stuck with his message that the economys path is uncertain. We have seen indexes come off of line isghs but the positive. You look at the industry groups, 20 groups are higher. Within the dow, 29 out of the 30 names are up. In terms of leaders, caterpillar, boeing. The white house is preparing a 1 trillion infrastructure proposal. Up 4 frastructure etf right now reflecting higher demand. Retail is up after a record gain in sales. A lot of retail names are heavily shorted, so you could be seeing a short squeeze as investors rushed to cover their bets. All of it comes back to fundamentals, like earnings. Morgan stanley talked about the disconnect between the optimism out there and the bottom line. Andgap between the s p 500 as aftertax profits has soared to rec
Program two years ago, but lower courts blocked the move. Police in hong kong more the city is on the brink of a total breakdown. For a second day, they fired tear gas in the financial district and battle with protesters. Clashes continued late into tuesday evening. Protesters have called for more disruption to the citys Transit System on wednesday morning. While fires are burning at emergency level intensity across australias most populous state and into sydney suburbs. Authorities have warned most people in the path of the flames that there is no longer time to bleed. Flee. The world me a Logical Association classifies this as a , is atophic fire morning the top of the danger scale in australia, and probably anywhere. 10 of fireextreme days, how they measure the fire increased in recent decades across many regions of australia, especially in southern and eastern australia. Mark she adds it has been the second warmest january to october on record for australia as a whole. She notes th