You know folks its been a really intriguing session so far with more winning sectors than losing sector which is is actually the reverse of earlier sessions this week when there were fewer winners but those winners were able to lift the s p 500 to a five day winning streak coming into today s session now the old momentum crowd looks tired in their new momentum darlings like overstock continues to surge, weve overall a remarkable week on wall street, but there does seem to be some confusion on where investors should be taking their next queue, so what do we need to do to keep this rally going into next week . I want to bring in global president heather zumaraga, Ci Financial Company rob luna and Strategic Wealth planner ceo mark tepper. Heather earnings season is a Huge Positive solid unemployment numbers this morning and even with the indecision overall market bias to the upside so whats going to be the spark though that really gets us moving perhaps next week . Well look the nasdac is
Deaths rise above 700,000. Double if theld pandemic is not stopped. And tiktok continues to make news. Microsoft may now be into its worldwide operations, while facebook continues to push a homegrown u. S. Rival. Shery we are seeing u. S. Futures coming online flat at the moment, after stocks climbed in the regular session. We had some optimism over a potential stimulus package, but investors are cautious. The s p 500 gained for a fifth consecutive session. Communication and tech stocks led the gains. Apple reached a record. We did get a lift for stock markets in the afternoon after President Trump said he could act unilaterally on some stimulus measures. We also have positive initial jobless claims numbers. Lowestll to the since the pandemic began. There will probably be a slowdown given the rise in infections recently. Take a look at how oil is doing, just under the 42 a barrel level. In new york, it fell for the first time in about a week after wavering between gains and losses thro
We have rosemary with us to give us a check on the very mild and nice conditions this weekend. Good morning. Happy sunday to all of you pick another gorgeous day coming our way. We are starting out with low clouds this morning. Once again, by the afternoon, we will have sunshine. For the coast partly cloudy skies with fog. Temperatures ranging from 60s at the coast to 70s around the base. A few low to mid 90s expected inland. Details on the Current Conditions and what to expect for the afternoon and the extended forecast, coming up. California recorded 6000 new coronavirus cases in the 24 hour period. More than 9300 people have now died in california. In the bay area there are more than 54,000 cases of covid19. 833 people have died. So say what the numbers continue to rise, hospitalization rates are down by two and half over the last few days. This weekend Santa Clara County recorded a record 410 new cases in 24 hours. That exceed the previous high for the county of 339 from 11 days ag
Regional diplomacy and security with this agreement the 2 state solution. Israel and it say should just a yugo. Hello im come all santamaria this is counting the cost on aljazeera the weekly look at the world of business and economics this week europe how does the continent deal with a rising china and a u. S. President who riles his own allies to the threats facing new york from the silent chinese economic takeover to a full blown trade war with the United States also as black lives matter draws the worlds attention will look at how Silicon Valley and the world of finance has really failed black people will talk to the c. E. O. Who funds black businesses. And state backed Cyber Attacks they are nothing new but theyre also on the rise during the pandemic and the targets are the vaccine make and the purchase. These are i think we can all agree extraordinary times but zoom out and youll see the big picture is just as unpredictable were focusing on europe this week which is that a bit of
Will i will see you. Be the hero of the world. Hello im come all santamaria this is counting the cost on aljazeera the weekly look at the world of business and economics this week europe how does the continent deal with a rising china and the u. S. President who riles his own allies to the threats facing new york from a silent chinese economic takeover a full blown trade war with the United States also has black lives matter draws the worlds attention will look at how Silicon Valley and the world of finance has really failed black people talk to the c. E. O. To fund. And state backed cyberattacks theyre nothing new but theyre also on the rise during the pandemic and the targets are the vaccine make his and the purchase. These are i think we can all agree extraordinary times but zoom out and youll see the big picture is just as unpredictable were focusing on europe this week which is that a bit of a crossroads when you consider the pandemic as well as an expanse. Of china and a retreati