Looking to open off 37 points. The 10year note stands at a point. We are looking at. 672 melissa lee in the house that was a major move we are back up towards those highs right now. We saw lots of ramifications in the market looking at how quickly it moves higher. Im trying to watch whatever information i have is about 12 seconds old we are all in a house somewhere. Just not together. It is good to see you although i cant see you now. Im looking at the board from 15 seconds ago. We are going to power through this well up an update on why we are all doing this new case numbers have been declining across the country but testing shortages are calling those numbers into request the average number of covid cases down 19 from july 28 but testing has declined over the same time period amc to reopen u. S. Theaters august 20 and hopes to have twothirds of theaters open. Says all staff and customers must wear masks. That is the change from comments in june that mask wearing would be encouraged b
So what weve got to do is identify the threats that we have its crazy confrontation let it be an arms race is on often scary Dramatic Development the only really im going to resist i dont see how that strategy will be successful very critical time time to sit down and talk. Climax kaiser this is the kaiser reports the world is full of day trader that stock trading is free and got all that free money from the government has a lot of people speculating whats going on they say well you know. Money printer job. And of course what always follows the problem when it was just going to the top 00 point one percent. You know is the moral hazard right moral hazard is an issue and were going to show you how that plays out how that has trickled down to the rest of the economy as we predicted here in report when people were piling in on their robinhood out into her its a bankrupt company now we see amateur j. C. Penney traders beg judged to save them from white bout and this is the story of America
Exchange right here on cnbc good morning, im dominic chu. Your stock of the morning, a name you probably all know and even use, amazon. Com climbing to a new record high of above 3,000 per share you can see here in the early trade, 3046 is the last trade for amazon were off about one third of 1 in the premarket. That is just one stock that you need to watch today. But in a bit well go over more. But we start with how you and your money and the Global Markets are setting their day up stock futures indicating with a should be a lower open at in stage right now. If the futures moves holds, the dow jones would be down about 247 and the nasdaq down about 40 but remember, we had strong gains in yesterdays session and that saw the dow jump over 450 points and the s p post its fifth straight positive session. And the nasdaqs run continues jumping more than 2 to hit another alltime high this has been a strong trade throughout the course of the year especially since the covid19 market lows that
Rather and it basically orders all californians to stay at home unless you have a necessary essential reason to lee the house that being maybe Grocery Shopping or exercising in the reason were doing this is to stop the spread because in a letter to President Trump the governor warned him saying he predicts. More than half of our state will be infected with the coronavirus within an 8 week period that if we do absolutely nothing and that would be 25 Million People so that is alarming and that is why this orr is going into place so what does this mean for people across our state. Well its nothing new to us in the bay area take a look at your screen. It means grocery stores, gas stations, banks, those will all remain open pharmacies will also remain open restaurants will be open for take out people are allowed to go outside for exercise children could play outside. But that still means you need to keep that 6 feet of distance the National Guard will assist with delivering medical and othe
Some rain and i thought it was weird as i was looking out the rain and window and all the cars was wet. On the way in i did not get one raindrop. It wasnt even enough to affect the morning commute. You can see that thick rain on otherwise what is a bright sunny morning. Good morning to you both. Good weekend . Yes a great weekend. We had tears at home watching bruce bochy and i think what he accomplished in the short time that he was here with three championships, you can see the respect of the players as so many from the past came out and walked out to center field. It was good to see them come out. Lets get to the weather, and Steve Paulson what do we have for the rest of the week . I have good news if you are headed to the sierras because the chain controls have been dropped. Can you believe that in september . It was just tweeted out and there have been some chain controls but they said we are just dropping them on i80. The roads are still wet and please slow down for the weather c