Its efficacy and its safety. Good morning. Thank you 05 00am today is tuesday may 19th im James Fletcher and im darya folsom in our big story this morning is california relaxing more areas, the rules are going to be loosening. In a majority of counties now in the state that are starting to reopen governor newson estimates all but 5 of californias 58 counties are likely eligible to start offering in restaurant dining ys in the coming weeks. Counties that meet the new criteria can also begin opening schools with modifications criteria requires counties to have a stable covid19 related hospitalizations and with no more than 20 covid hospitalizations in the past 2 weeks of this is an ongoing thing theyre going to be monitoring counties must also have fewer than 25 cases per 100,000 residents. In the last 2 weeks for less than 8 of tests coming back positive in the last 7 days a lot of requirements. Governor newsome is painting a brighter outlook though for june. Expect if we hold the rate.
Comeback next meant. All that and so much more on making money. Charles stocks popping pretty nice for the second straight stay, in part due to better news on the coronavirus. Also moments ago, treasury secretary Steve Mnuchin tweets at the president s direction, the direction of president real donald trump, i spoke with senator schumer, Speaker Pelosi and gop leader to secure additional 250 billion for the ppp loan program to make sure Small Businesses get money they need. Of course this rally too, is just oldfashioned, buying begets buying. Maybe some pros trying to catch up. Now after breaking key resistance early this morning, folks, i want you to take a look because the dow 50 day moving average, even the 200day moving average are well within range. Could 25,000 actually be back in play this soon . I want to bring in our experts right now, bellpointe Asset Management chief Market Strategist david nelson, Divine Capital dani hughes. Let me start with you, my man. A lot of resolve.
Is also urging all americans to stay at home. America is engaged in a historic battle to safeguard the lives of our citizens, our future society, our greatest weapon is the discipline and determination of every citizen to stay at home. And stay healthy for a long time. The president said social distancing and staying at home seems to be having an effect on the spread of the virus. He specifically mentioned california, and noted have a number of cases here have not grown as rapidly as they have and other parts of esident appo nice to see you. I want to start with the action today by the president. To prevent the exporting of these n95 masks. Talk about the significance of that. Yeah, it is critical. With the shortage that we are seeing across the country, in particular new york, to take the bold move to say that they are not going to allow hoarding or exporting so that directive went to fema, they partner with the department of justice, and what he is saying is any type of ppe has to st
Or at least number of cases and number of deaths appear to be slowing. Certainly in the new york area, new york metropolitan area. Neil across the country, by and large across the globe. That does not mean cases are still increasing. It is theyre not increasing as much. Like yesterday the markets are seizing on that. That is lifting pretty much all of the major s p 500 sectors. All 11 that weve been keeping an eye on here. That despite what youre seeing happening in americas busiest thoroughfare, what used to be times square in new york, the crossroads of america, has been all but tumbleweed territory but again a lot of what youre seeing shows that right now at least in the markets maybe there is a sense those roadways will be busier and soon. There is no way of telling. Blake burman is looking what does justify or will describe what gets people out of their homes and what the government is looking at, what the United States is looking at, what states are looking at, to sort of get goi
The fog came roaring back. Coastal variety and if youre going to arizona i expect rain and cloud cover if youre going to spring training i dont think theyre playing today or tomorrow. And, for us, temperatures getting back to near average for some and above for others for at least one more day. Sal castaneda is here. So far so good. Yes, sir. So far so good. We dont have a lot of traffic. There are not a lot of people out there. It has been pretty light. The middle of the commute is where it gets busy. Right now at the bay bridge it looks good as youre driving through. Interstate 880 and 580 it has been a decent commute. As we look at Contra Costa County also petaluma, novato and lynnwood and really the entire bay were off to a good start. We are following a developing story right now out of berkeley. Theres a heavy Police Presence on berkeley way near sacramento street. This is just a few blocks from san pablo and university avenues. At this point, police have not been able to tell us