Limiting indoor gatherings where covid can spread went into effect. I want to remind everyone these actions are both targeted and intended to be temporary. These steps are what the Public Health experts tell us we need to take to avoid overwhelmed hospitals and death counts like we sought in the spring. It will also protect our medical workers, first responders, and other workers who have put their lives on the line to protect the rest of us. People we usually call front liners. I hesitate to use that phrase because it implies there is a second line. The peoplerespect who have been on the front line they are what has been keeping us safe. We must all Work Together. We had our weekly get a call tuesday evening where we got a call from health experts. This is the fourth call we have legislatorshigan including six democrats and six republicans from the house and senate. I am hopeful when the Legislature Returns from their hunting break, republicans will share their plans for addressing th
Thought to be controlled by the Peoples Liberation army. And policymakers seem less likely to go down that route decide besides providing support for a long time. Shery lets take a look at how we are setting up an asian markets. Looks like trending a bit lower in sydney. U. S. Stocks really doing pretty taking overrallies adding to concerns about tougher lockdown measures with the existence of an effective vaccine. Downside about a quarter of 1 and that market along with new zealand looking pretty overheated after the recent run of gains. Continuing to push back expectations for negative rates. Chicago futures moderately positive at the moment. The yen seeing a little bit of a gain but we have seen a new daily record for Coronavirus Infections in japan this week. Authorities hinting they could need to take stronger measures to halt the increase in the spread. S p acted futures up by. 2 sessione active cash sank as much as 1. 5 overnight. Shery lets turn to our top story President Trump
Im Francine Lacqua in london. European stocks edging higher. U. S. Futures pinning hopes on the american stimulus package. The dollar is slipping. I am also looking at treasuries pretty much steady. Texas crude oil steady at 40 a barrel. Lets get to the first word news. In the u. S. House democrats have started drafting a new stim in this proposal of roughly 2. 4 trillion. The plan could get passed by the house next week. While smaller than the package in may, it is larger than what Senate Republicans say they can accept. President trump has excepted he will go as high as 1. 5 trillion. Your Governor Andrew Cuomo says he does not trust the Trump Administration over a vaccine. He vows the state will independently review anything authorized by the federal government. Polls show a growing mistrust over a vaccine. New york may require travelers from europe to abide by its 14 day quarantine rule. In the u. K. , rebel numbers of the conservative party are threatening to seize the power of pa
Well keeplowing ts throughout this newscast. Im ann macko vick live at the news desk. And we are waiting for a News Conference that is about to begin with dr. Mark galley, the states top health official. And he is going to be talking about movement we saw from california. Moving from more restrictive. To a little bit of loosening of the rules. This is where were going to find that live feed. But i want to show you the updated map of some of the changes that just went into effect within the past hour. You can see there in the bay area, we are in the purple or red tear. Depending where youre in. Some purple counties moved into the red in this last restrictive tear of reopening. They are solano. They join santa clara, marin, and napa counties, which has been in this second tier. Where risk is substantial. Some northeast parts of the state as you can see there on your map, are now moving into the orange and yellow tier systems. The states system on all of this was announced about a month a
New jersey, connecticut. That really added to things. It is still going on. Governor andrew cuomo on the screen speaking live right now. At the beginning of this, they cade a joint announcement. People coming into the tristate area from certain highrisk states would be ordered to quarantine for 14 days, when investors heard that, the market went another leg lower. Well cover it from all angles, starting with Jackie Deangelis in the new york newsroom. Like i said, jackie, things were not going great to begin with andth just added to it, right . Reporter exactly right, connell. There are is a twopart story. There was fear in the market about being spike in coronavirus cases across the country in certain states. That added to tension for investors. Were seeing a spike going into the summer. That was not predicted. Theyre thinking about what could happen if there is a second wave. That is the push and pull weve been experiencing in the marketplace. New york, new jersey, connecticut governo