Thousands of families in sonoma are being told covid will keep students out of the classroom until the end of the new year, or until this new year. Summer actually pushing back. We have the frustration being felt by so many. Reporter following Public Health directives, Santa Rosa School board has voted unanimously to stick with distancelearning through december. That brought a boisterous response. No more zoom no more zoom reporter masks couldnt muffle their discontent. Dozens of parents, students and teachers mind santa rosas old Courthouse Square to say no to zoom school. We need to get these kids back in the classroom. What started off as a 2 to 3 week shutdown has turned into six months. These kids are really suffering. Reporter critics note Sonoma County has about a half million residents and 114 covid death. These families say in person instructioshybrid is a great wa start. You have half the kids go in monday, tuesday, sanitize wednesday and the other kids go in thursday, friday
We will be live in zurich assessing the credibility of that news. This story has been knocking around for quite some time. At some point hopefully it does go somewhere. Lets talk about where we are with markets. Markets getting attraction on the others of the pond. In europe we are barely making any ground. The british pound has been battered over the past few days. Maybe a pause before we see the fireworks return from the brexit debate. We also have the bank of england on thursday. There was a significant downgraded by moodys of turkey late last week on friday. The payments crisis is what the Payments Company is talking Credit Company is talking about and we are continuing to see stress in the system surrounding turkey. The lira fairly flat. More, kaylee, about the u. K. More insight on the debate over Boris Johnsons plan to rewrite the brexit debord divorce deal. As the market appropriately pricing and or does it need to reprice in the near future the risk of a no deal brexit . Bhanu
Take something off the table makes sense which is how you got to todays selloff with the dow dumb bli t tumbling and nasdaq tumbling the bear camp cant exist at the sametime there cannot be coexistence with the huge covid outbreak in the sun belt spiraling out of control, bear is in charge so why dont we do this . Let suspend judgment and not use terms about good or bad and take the approach of the fact spin. Awaken america trade has taken a turn for the worse some people expected that. I didnt its a disturbing spike in covid cases across alabama, north carolina, South Carolina and texas. The infection level so high the governors of new jersey, new york and connecticut have taken an unusual action and slapped a 14day quarantine on travelers from these hot spots thats amazing they have more than 35,000 new cases today which is about where these numbers peaked in april. Not good its plain bad news for everything that depends on the economy reopening which is a lot of things. The america
We will speak to the ceo in a moment. Stocks up, halting the rally. The market may have gotten ahead of itself considering we are in the midst of a health, economic, and social crisis. We are now officially in a recession here in the United States. What drove the stall in the market today . It is easy to see why the market would want to take a little buffet either. Little of a either. Yesterday0 as of turning positive for the year despite the fact that the earnings outlook is not looking great. The data is better, but still pretty pat of all things considered. You can see why investors may want to take a pause here and assess the picture and see whether it is time to be adding risk. The nasdaq actually did close in the green today. The nasdaq 100 actually did briefly top the 10,000 level. The Community Services index, those growth sectors were able to eke out gains today as well. The dollar, would have been its ninth day in a row down. It suggests that it was not an altright risk off d
Expected to move to trial, the phase one china trade deal expected to be signed at the white house this morning top trump economic adviser larry kudlow joins us first cnbc this hour. And financials are in focus, bank of america beats for the quarter, goldman hampered by litigation charges target shares are plunging. Holiday sales miss on estimates on weakness and toys and electronics. The u. S. china phase one trade deal said to be signed this morning this is what secretary mnuchin said about the agreement earlier this morning on squawk. We need to put together very significant laws to change rules and regulations and made strong commitments to our companies there will not be forced Technology Going forward thats a big win for our technology companies, businesses and American Workers we look forward to learning more in the wake of this signing. Jim, mnuchins appearance this morning brought us something new, the notion of phase 2a, phase 2b, phase 2c, so stories evolving rapidly i think