The dow is looking for about a 300 point gain right there at the opening bell. S p up about 34. Look at that nasdaq go. Technology is doing well, up 104 points. Thats premarket for the nasdaq. Now, lockdown winners. Clearly emerging. Lowes, the Home Improvement people, headquartered in North Carolina. Profit up 28 . We stocked up for the lockdown. Target, they really organized their online delivery and store pickup operation, lumped together under digital sales, up a whopping 141 . Walmart, same story. Stockpiling helped them, too. Amazon, kings of the online selling business. Boy, did they clean up. The stock is near a record high. And the netflix, well, they are the kings of the streaming business. What else are we supposed to do when we are ordered to stay home for weeks on end . There are a lot more virus winners and we will go through them throughout the show. Meanwhile, the revolt continues all across the country. Businesses are defying the authorities and opening up despite the
Capacity basis . The number of people in one group . Are there going to be masks on everybody . Are you going to be required to test for temperature, are we going to be required to have plexiglass partitions . Reporter california went into the first part of phase two of the governors wrote matt to reopen the state on friday. Allowing eating at restaurants is in the later part of phase two which could still be a weeks away statewide. Even further away and parts of the bay area with strict guidelines. Although, some california counties defied the stayat home order, and already open restaurants for dining in. Governor newsom will hold his daily News Conference today at noon, and we will air it here life the reporting live, sarah, ktvu fox 2 news. Nine were california counties want permission to reopen under californias guidelines. We dont know which counties yet, but those counties want to join 19 other counties that have already used their stayat home orders for the governor suggested th
Mind at 2280, it is still a double digit advance on the year, but its the technology falloff thats getting a lot of attention here. Its led by amazon but concerns as well that the Technology Sector is not immune from some of these issues and then we throw in oil, whats happening with exxonmobil and chevron, as expected, reporting some lousy numbers. Its all weighing on the markets this first trading day of the month. Here to detail that, jackie deangelis. Hey, jackie. Jackie good afternoon, neil. Thats right. This really highlights the fact that earnings matter when it comes to the stock market. You take into account the fact that these companies were reporting earnings that only account for about two weeks of the Coronavirus Impact and we wonder whats going to happen when we get the Second Quarter numbers. But amazon and apple are really weighing today and amazon just shows you, its one of the stocks that everybody has left because theyre saying amazon is doing well during this, peopl
Pelosi said congress had no choice but to pursue impeachment President Trump. At a press conference she was adamant that the actions with ukraine under my National Security by hurting a key ally. Ofwhen we see a violation the constitution, we have no choice but to act. And the evidence is clear that the president the president has used his office for his own personal gain. That with thedded july phone call when the president said the july phone call was perfect, she responded that it was fatally wrong. Asia, the tour of combat urging ties to poverty. The United Nations considering thailand a key trafficking destination as well as a key source of forced labor and sex workers. Twitter says it will start letting users hide specific replies for the tweets they post. The change provides a degree of control that could be used to keep spammers away or hide inappropriate replies. It will be rolled out globally. Global news 24 hours a day, on air and at tictoc on twitter, powered by more than 2
He wants to work out a trade pact with the United States and has been trying to avoid a trade war but he also warned china is not afraid to retaliate when necessary. Eunice yoon joins us putting in his comments du jour. There is always something for those who think it is going to happen and then a qualifier. What do you think . That is right it is interesting that president xi jinping weighed in. This is the first time weve heard those remarks. Unfortunately, the content were not anything different from the standard government line about the trade discussions. He was speaking with a group of International Visitors including henry kissinger. His point was that china does want to have a phase one trade deal however there does need to be an understanding that u. S. And china are seen as equals and it has to be done with mutual respect. Thats what we had heard repeatedly what was also interesting was how he hinted at some of the tensions saying when it comes to the financial opening, china