from the bay area s local news station. watching kron 4 news. 3rd wave when you see 0% that doesn t mean there s no capacity no one is allowed into an icu it means we re now in our search phase. well now at 9 o clock state emergency management had 5 surge facilities set up across the state today. this is icu capacities and 2 of california s 5 regions had 0% of space left and for the 3rd day in a row california were today recorded more than 41,000 new covid cases 300 deaths in a single day. good evening and welcome everyone, i m catherine heenan those are some sobering statistics good evening. i m jonathan mccall grant vicki both have the night off. tonight the state reporting that 93 people are currently being treated at those search sites across the state. more than 100 beds at those 5 locations are now ready to go to take on additional patients. more than half a dozen other facilities are also on standby tonight. and as coronavirus cases continue to explode the state i
of the vaccine and the test helping stock prices. dow jones up about a hundred points at the open, seven for the s&p and eight for the nasdaq more retailers reporting this morning and target looks good work same-store sales up 20%, another measure of the strength of consumer spending, just like walmart, target stock up 2% at the moment. look at this, bitcoin crossed $18000 per coin and has backed off to 17855, about a thousand dollars or shy of its all-time high 19640. i was a skeptic, maybe it s something else i should have bought that didn t like apple, tesla, amazon, zoom and so many more. we do have a jampacked show. new york governor cuomo says president trump had nothing to do with the rapid development of the vaccines. you will see him say it. boeing gets max judd approval and is now ungrounded. how about this for thanksgiving, noticing, no shouting, kp the music down so you don t have to raise your voice and my off the alcohol. new restrictions for thanksgiving is gro
new claims actually rose. and 17 million people are still drawing unemployment benefits. i believe that s a negative for the overall market. get to that in a second. look at this. amazon, apple, google, facebook, the day after the top executives took a pounding from the politicians, these stocks went up during those hearings. they are down in premarket action this morning. hold on. all four of these giants will report their earnings later this afternoon. this is big tech s big day. my opinion, these companies need blowout numbers to sustain their very lofty stock prices. watch it unfold at 4:00 this afternoon on this network. overall, i got a lot of red ink to show you. the dow is looking for a loss of over 300 points, down maybe 40 for the s&p and off 131 on the nasdaq. here s one of the negatives that s hurting the market. emergency virus relief. it runs out in 24 hours. congress is divided over how to replace it or extend it. investors want more stimulus but they re not
which is indeed making a comeback. the latest numbers show a sharp increase in new cases, running to about 40,000 a day. the virus task force reconvenes today for the first time in two months. some states are pausing their reopening program. that is a warning to the nation s economy and the rebound. the wall street journal, this is an important warning for the president. the powerful editorial board bluntly said he s heading for defeat. that s a warning for wall street, too, because a biden win would be a real challenge for stocks. so where are we this morning? warnings duly noted. i ve got some red arrows there. the dow is down about 180. the s&p down about 10. the nasdaq down about 15. red arrows for three indicators. all right. i m going to call this a positive. remember the mob that threatened to take down the lincoln emancipation memorial? they were supposed to attack it at 7:00 eastern last night? well, it rained. the limited number of people who showed up retreated t
gain i think i m looking at the right place, nasdaq composite, up 1.5%. we are doing well this morning. now look at this. novavax started phase one trials of a vaccine with human participants. results expected in july. big stock gain. by the way, the ceo will be on the show today in our 10:00 hour. merck are working with an austrian vaccine maker and they have established partnerships with others in the field. merck is a dow stock and it, too, is on the upside. 3.7% higher. here s the bottom line. there are hopes that a vaccine may be developed more rapidly than thought possible. all right. i m going to show you some of the scenes from around the country this memorial day weekend. it s the official unofficial start of summer. we took every opportunity to get out and have a good time. that suggests the recovery is picking up steam. we will show you more about this in just a moment. joe biden, he broke out of his basement for the first time since march 15th. he was wearin