Because the Senate Just Passed another 500 billion bailout. Bailout, lets say of the last bailout. As we quickly ran out of money thats why the dow surged 457 points s p soared 2. 29 nasdaq 2. 81 house of pleasure Payroll Protection Program was supposed to be for Small Business, right . In the end a ton of that money ended up going too big businesses, Public Companies that was a back rub and sing i feel like a chump. I guess i should be more cynical about politics, just trying to help Small Business. However, if you ask me, that wasnt really the big story of whats going on. See, theres something bubbling underneath right now under the surface. And if anything, it makes me want to be less cynical about corporate america. Thats right corporate america. See, this market is rewarding businesses that have foresight and originality and most importantly, heart i dont want to sound too sappy, i dont know how else to put it. The stocks of good corporate citizens are thriving here mark benioff,
Is the most loyal of them all, mornings with maria live right now. Maria top story right now 2020 democrats facing off in las vegas tonight, Michael Bloomberg making debut on debate stage ahead of nevada caucuses, democratic rivals taking him to task all night over controversial statements as well as wealth, Hillary Vaughn joins us with some of the highlights, hillary, good morning to you. Mayor Michael Bloomberg finally grade fellow candidates and that gave them a chance to finally challenge him face to face. A billionaire who calls women fat broads and horsefaced lesbians and no im not talking about donald trump, im talking about Michael Bloomberg, democrats take a huge risk if we just substitute one arrogant billionaire for another. I dont think you look at donald trump and say we need someone richer in the white house. We couldnt have to choose between one candidates who wants to burn the party down and another candidate who buys the other party out. I worked very hard for it and i
It will eventually make it and be well above average. Allie is here. If you are driving getting to work, school, wherever you need to on this president s day holiday, youll have a pretty good drive overall. Heres a look in the south bay. We want to mention bta operating on a regular schedule despite the holiday, although better, muni, and cal train are operating on a modified schedule. Heres your drive in Livermore Valley, an earlier crash in the eastbound direction, its okay. Coming up well check on some of the cameras where we can see clearly, that heavy fog is at the golden gate and san mateo bridge coming up shortly. And state to a developing story weve been covering in marin county where a search and rescue team will be searching for a missing couple. We are live from the Marin County Sheriffs Department in san raphael with the urgent search efforts. Cristina . Reporter good morning to you, gasia. There have been no sighting, and no clue where they may be. They were visiting for a
Sara eisen happy monday. Happy monday to you the Global Market picture pointing higher off the back of a nice end to the week on friday we saw about 0. 5 of gains for the dow and s p, on. 4 for the nasdaq, meaning the nasdaq ended just negative for the week the dow and s p gained 0. 4 for the week and financials the best up today up 35 for the dow, the nasdaq is up 4, the s p up 3 tenyear treasury, we saw a riskon move, closer to 2. 4 again, 2. 37 , but in general, not much happening there last week on the yield front. Bitcoin futures going live last night and cryptocurrencies took another leg higher. Well have more on the latest move coming up, but as you can see, the latest price, 17,600, up 13 on the cboe exchange. They started at 6 00 p. M. Last night. There were a few outages, but ultimately, the price remained well supported with this liquidity event which is a positive, at least in the short term. It will be interesting to see how this goes. Then weve got the cme futures launchi
Looking quite strong, up over 1 this morning same thing with the shanghai composite. Then european equities right now are also in the green. The cac ass off, ftses off i spoke too soon i looked at the ftse beforehand. The ftse is up, the dax is up. Everything else is down just marginally well, here are the big stories were watching for you today. We are continuing to follow a developing story out of Southern California new evacuations have been ordered as a string of massive wildfires continue to grow the thomas fire, the biggest in the area, still on the move. Officials say the blaze is just 10 contained. Its already burned more than 360 square miles of land we will continue to follow this developing story, bring you any updates and developments as we get them. On this weeks economic agenda, tomorrow, look for the november Producer Price index. The fed also kicks off a twoday meeting. On wednesday well get cpi as well as the fed decision this latest Economic Forecast and Janet Yellens