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House. And banks ahead of a slew of earnings reports today jp morgan and citi tomorrow before the open. 59 minutes left in the session sara and we are higher across the board. The banks stocks up close to 3 for some of them 3 up for the nasdaq. Best day for the nasdaq since april. Coming up, the ceo of ho logic plus we will speak with the council on Foreign Relations richard haas about how the handling of the pandemic in the United States is being viewed by the rest of the world and how it influences geopolitics first an update on the stories we are watching. Mike mike tracking the market action, ylan moi with the latest on the stimulus negotiations and more on the coronavirus treatments mike, what is driving this rally . Good question is it possible to have a low volume buying panic . Thats a little bit what it feels like today certainly the nasdaq doing most of the work. ....
Are miles apart. We are focused on that potential record close on the s p 500. The number youre watching for is 3386. 15, a couple points off of it as we stand, sara. Hard to believe that we are here coming up on todays show. S p 500 could close at a record high for the First Time Since mid february were going to talk to wharton professor Jeremy Siegel about whether the rally can last from here. Plus counting down to a pair of key Earnings Results after the bell, lyft and cisco gearing up to report well bring numbers and analysis as soon as they hit. Lets focus on the stories were watching with one hour left of trade. Mark santoli with the action, colin rush from oppenheimer. Lets start off with the broader market, familiar things taking us higher, tech, lower treasury yields and the like. Thats right. A bit of a refo ....
As millions clean up from an intense Tropical Storm, even more now face dangerously hot temperatures, some in the triple digits. Why it may last the rest of the month and maybe even longer. And one big test. A 15year project to protect 1,500 years of culture is used for the first time. Well take you to venice to see what billions of dollars bought and why it took so long. First, we begin this morning with a look at todays eye opener, your world in 90 seconds. The president of the United States told me that he decided to use his extraordinary powers of clemency. Reporter President Trump commuted the sentence of longtime friend and confidante roger stone just days before stone was due to report to prison. The president saying if you lie for me, you cover up for me, i will reward you. Reporter death rates surging in at leas ....
The hospital fed chair jay powell told congress more stimulus may be necessary. A moment ago, looking at the dow futures. Up by about 67 or 70 points. S p up by 10. 50 and nasdaq up by 152. 10year at 0. 743 below yesterdays close. We have a huge line up again today. Amazing. Former Economic Advisor to president Obama Joining us about an op ed hes just penned. General motors Ceo Mary Barra with us. Investor Glenn Hutchens and Dallas Mavericks owner and netflix cofounder and ceo of netflix with Important News to share this morning some stocks to watch you might keep an eye on ar call revenue was a little short results would have been better but customers ....
Where out door dining has begun perhaps not a moment too soon and oakland where restaurants are still waiting and want more help from the state. Abc7 is dedicating more resources to building a better bay area, including issues like this affecting our local economy. Abc7 News ReporterLeslie Brinkley starts us off. There are so many obstacles. The owner and chef of ms. Ollys in downtown oakland a popular caribbean restaurant said that being closed for months and then the curfew overwhelmed her. She was pleased when Governor Newsom met her staff and sat down to talk today. People need to hear how businesses are suffering. Small business in general. So it is great to see him here. I hope he listens to what he we have to say. The black chamber of commerce told the governor it is one thing to open the doors again. It is anot ....