Rising cases. We cant just focus on those areas having the surge. He was the entire country at risk. We are having 40 thousand new cases and they and i would not be surprised if we go up to 100,000 a day if this does not turn around. There was some encouraging news on the search for a vaccine. The United States will start at 30,000 person trial next month. Health and School Officials have released a set of guidelines for the safe reopening of schools in the fall. This includes procedures for social distancing, hygiene measures that include handwashing and schools will maximize School Events that can be held virtually or outdoors on School Lunches will be eaten in classrooms or outside. The guidelines are meant to prioritize the safety of students. They are intended to help administrators and others but necessary structures and procedures in place to be ready to reopen. However, whether schools can move forward with reopening for in Person Instruction will depend on the containment of c
From Stewart Frankel welcome, steve thank you are we going to end the sixday win streak here . If we did would it be a shock . And its still plenty of time for us to turn around, turn green. We bounced about 6 off the lows but we are not overbought. So to your point, i dont think that we necessarily have toned today but its a good stop to say lets take a breather, were still above all the moving averages in the overall market about 10 handles lower in the s p cash but i still think were on good footing. Is 2900 a tough footh for the s p . It is because its a big fat round number so i think the 2954, the alltime highs, thats the tough number you have to worry about, not the 2900 lets focus in on the big stories we are watching. Bob pisani has whats driving todays market which of course has been up and down ylan mui is watching a tech antitrust hearing on capitol hill and phil lebeau is covering teslas Shareholders Meeting bob, lets start with you. Lets take a look whats going on its ver