Is it time to bet on stocks that thrive and rebound in the economy . Thats what todays action said. Dow gaining 359 points the s p rising 1. 47 that was easy ooh, and the nasdaq advancing 1. 1 buy, buy, buy with many of the biggest losers of the year leading the way. [ moo i say not so fast. Look, we all want to go back to normal even after we lift the lockdown, the new normal will be different from the old normal. Im tired of the cliche, normal this, normal that. Things have changed for starters the new normal is less investable i dont think it makes sense to fall into the gap of Carnival Cruise or attend live nation concert. The streets roared theyre compressed springs given how far theyve crashed, i think theyve got more legs to them hey, if i were a Hedge Fund Manager id do these stocks by tradein state by state openings if i were an investor like you, i would let them run if i was stuck in them, then escape for the stocks well be talking about later in the show. You have to unders
Your new i hear. What President Trump has launched his initiative to reopen america in the coming weeks americans across the country took to the streets calling for changes to be made right now but while some demonstrators say they are in favor of the Administration Others have criticized its response to the pandemic arties Rachel Blevins is joining us live from the newsroom with more details to all of this so rachel what can you tell us well manila in the midst of a nationwide walk down Many Americans are taking to the streets voicing their opposition to the ongoing restrictions in the name of stopping the coronavirus over the weekend demonstrations were carried out in florida virginia michigan maryland texas california and 10 other states in idaho over 1000 protesters broke social distancing protocols. As they gathered outside of the State Capitol building in boise many of them wave signs that read there is no justification for taking individual freedom in the guise of Public Safety
Tom wti is leading down, no question, francine, but i would look at the remarkable decline of floating oil, global oil, brent crude, well under 20 a barrel now. For it to sustain under 20, a splint to me how some of these nations move forward. You were talking in the last hour with the tourist rector of greece. I dont know if oil is good or bad for the tourist director of greece, but 20 brent crude does not get it done for a lot of other people. Francine i mean, i think the price of oil is secondary. If you are the greek minister for tourism, he was very careful because he wanted to speak to other nations to see if it was ok. But do you issue a Health Passport . How do you do with people congregating in lobbies . A thirdce, it employs of their population. Now to bloomberg first word news with viviana hurtado. Viviana a new strategy to expand coronavirus testing from the white house, that is our beginning on first word. States receiving new guidance on how to build testing capacity, les
Who isnt . Who needs a miracle . Thats what it comes down to in the age of the coronavirus including today where the dow rebounded 1,167 points the s p surged 4. 9 . And the nasdaq pulled up 4. 95 based on the hope that federal government stimulus could offset the sudden slowdown were getting in the economy and beat the demand shock caused by the coronavirus. So how do you pick among the rubble now that were bouncing too you think the stimulus may be too little, too late . Which is the judgment i have heard all day. Some people are skeptical. First for all intents and purposes, the market is not working. Thats all you can say well, how about that these violent swings, what are they a sign of they are a sign of sickness. Its unhealthy they tell us people are scared and theyre far too few players, too many investors, too many guys with machine guns for stocks to be able to handle the impact of that fear. It doesnt help the tail wagging the dog. The market just cant handle all this algori
Were called in to assist, using Sonar Technology to search under the water, believed to be 7 to 10ft deep. Why exactly they were out at the river is unclear at this point. My understanding is there were there was a group and there were adults with them. After winter rains. The Russian River is now running high, fast and cold. And as we move into summer months, First Responders say safety needs to be everyones priority. Every year were called out to rescues here on the river carron. Hancock from Sonoma County Fire District warns everyone to be careful. If youre unfamiliar with the river or not confident in your swimming abilities, please wear a life jacket out here and always have a partner out here with you. Someone on shore in case you need assistance. Deputies say the teen was not from Sonoma County. Fire all of our fire agencies, we do everything we can for a different result in the north bay. Cornell, bernard. Abc seven news. And back now to our top story. That ugly incident that h