For traders and investors alike to say the least. Session lows today 1,085 on the dow to claw back finishing lower by only 357, so folks down here were able to take a deep breath having seen that, but this was all on the coronavirus. It just rattled the market seven Straight Days of selling the worst week on wall street since the financial crisis, all three indices ending in correction. For the week the dow gave up 3,580 points and as investors rushed out of equities and oil, the rig assets moved into the safe haven of the u. S. Treasury, the yield on the 10 year setting a new alltime low, under 1. 2 . Now the Federal Reserve weighed in today, no rate cuts were on the horizon, but Jerome Powell told the markets that the fundamentals of the u. S. Economy remain strong but the coronavirus of course poses an evolving risk to Economic Activity adding the fed will use its tools and act as appropriate to support the economy, david. So, traders basically telling me theyre taking a sigh of rel
Anything it looks like theres some stuff coming upstream here for your weekend, however, what we got in store is were going to be battling little bit more the way some clouds of the shot from Alcatraz Island you can see. Now its not going to look like this all day were to break this up a little bit get the sun out clouds reassemble and so forth. But expect temperatures to be a little cooler and conditions a little bit more breezy tune. Heres a shot of the golden gate we see a much clearer shot in this Vantage Point here kind of variable across the region both in time and geography on shore are those winds. The program is still following forward like were going to have a wind event rain event rather. But it looks like its really fallen apart, heres a look at this wind advisory we have in the Coverage Areas along the coast, particularly east bay over the east bay hills from 10 on sunday morning tomorrow morning until 09 00am on monday is one that one of them looks like so well see some s
For traders and investors alike to say the least. Session lows today 1,085 on the dow to claw back finishing lower by only 357, so folks down here were able to take a deep breath having seen that, but this was all on the coronavirus. It just rattled the market seven Straight Days of selling the worst week on wall street since the financial crisis, all three indices ending in correction. For the week the dow gave up 3,580 points and as investors rushed out of equities and oil, the rig assets moved into the safe haven of the u. S. Treasury, the yield on the 10 year setting a new alltime low, under 1. 2 . Now the Federal Reserve weighed in today, no rate cuts were on the horizon, but Jerome Powell told the markets that the fundamentals of the u. S. Economy remain strong but the coronavirus of course poses an evolving risk to Economic Activity adding the fed will use its tools and act as appropriate to support the economy, david. So, traders basically telling me theyre taking a sigh of rel
Established here. We hope youre seeing beautiful sunshine today like we saw in atlanta. Were so grateful to have you with us whether youre coming to us from the u. S. Or around the world. The numbers will the tell the story of where we are in this coronavirus fight. So lets list them off. More than 77,000 people have died in this country. There are more than 1. 2 million cases. More than 70 cases of children now getting seriously sick from coronavirus related complications. Governor andrew cuomo said a 5yearold died on thursday and added this. That it could quote open up an entirely different chapter. Officials say the death of a 7yearold also in new york may be tied to this new condition as well. As we learn more about the this virus, 47 states will be partially open by tomorrow. Some new cases, death numbers in these states are going in the wrong direction. Five states are either adding to their list of reopened businesses or easing restrictions for the first time. One of those state
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