3386 is the number to watch for that s p 500 record close. 59 minutes until the close we have a big show coming up to day the s p 500 makes yet another run at that record close bob doll will tell us why he is expecting the economic recovery to be more choppy. And why hes cautious in the short term plus, gaming the impact of the dnc. Well speak with a policy expert who says this weeks Democratic National convention could be a negative for the market even though its happening virtually. Right now, were going to focus in on the big stories were watching to day. Bob pisani is tracking to days action we have the latest on growing tensions with china. And joining us with his outlook for stocks is tony dwyer bob, start us off with the Broader Market whats going on behind the scenes and whether you think we could see that record s p 500 close today. When you get this close within less than 1 he , you usuy can get over it. Were still not there. 3386 as you heard before is the old closing high t
Crystal clear. We failed to predict and plan the shortages and thats simply unacceptable. Youre frustrated and irate governor newsome demands an investigation. Into weekend power shut off his millions of californians had to deal with sweltering heat. Governor said that the agency failed to properly. Brace for the Current Energy shortage in subsequent power disruptions. Leaders from cal iso though firing back saying they constantly warn the Public Utilities commission that power shutoffs could happen saying the situation could have been avoided. The regulatory authorities how the grid operates. People to do a lot of Different Things i guess what i have to do a better job of making our voices heard through all of that. The Public Utilities commission has not responded today. The governor also signed a proclamation allowing utilities and other energy users to use backup thats amid a record heat wave that is scorching the state this was the first time cal iso ordered rolling blackouts in s
Skyrocketing. Dr. Deborah birx of the coronavirus revealing what she wishes america did in the early days of the pandemic. A major break in the cold case murder of run dmcs Jam Master Jay shot in cold blood. What prosecutors say led to his murder and the two men under arrest. Ellens apology. The talk show host reportedly speaking to her staff overnight in an emotional call announcing major changes to the show after accusations of a toxic work culture. Plus, close call. A woman moves seconds before a car barrels over a sidewalk. And following in his fathers footsteps, Charlie Woods impressing his dad tiger with a dominant performance in a golf tournament. Good tuesday morning, everyone. Im mona kosar abdi. And im will reeve in for kenneth moton. We begin with the Democratic National convention unlike ever before. The convention kicked off last night going virtual for the first time with a diverse lineup of speakers rallying behind joe biden and taking direct aim at President Trump. The
The break in the cold case murder of a music legend, after 18 years the arrest just announ announced. Early today starts right now good Tuesday Morning im phillip mena. Im frances rivera. The Democratic National convention has begun with much of the first night focused on Racial Justice in america. Now more than ever we need a president who will unite this country. We need a president who in George Floyds memory, instead of using the bible as a prop, will heed its words, to act justly george should be alive today. It is up to us to carry on the fight for justice. He was always finding ourselves in what john louis called good trouble. Together we must build a nation that is more equitable, more compassionate, and more inclusive. I know that joe biden will begin that fight. The major theme for the evening seemed to be unity our capitol hill correspondent tracie potts joins us withmore of the nights big moments for a democratic event, we heard from a whole lot of republicans. Reporter yes
The people who do not have air conditioning and suffer from the Power Outages. The longer it extends, it becomes a bigger issue. No pressure there, thank you claudine. Tomorrow does look better. There will not be thunderstorms today which is a consolation but it will be hot for many. We lose cloud cover and temperatures that were held in check yesterday will bump back up. The city act 61. Napa is almost 70 degrees. Very warm air in the Higher Elevations and they will be sitting in the 100s, no doubt about it. It is not a strong breeze, but it is northwest or north. It is a north wind and that along with the hot temperatures will not help today. The cloud cover has lifted north and a little to the south is heading to the valley. The highs today come down a little bit. The bay will be hot with 100s again or upper 90s. It is quiet and i would hope so at this hour. Good morning. Good morning. It is quiet when it comes to the commute. If you are approaching the bay bridge, right now it look