Its season in orlando despite record coronavirus outbreaks in that state power lunch starts right now thanks the banks and the energy are out performing today as tech takes a breather the nasdaq still up 5 in two weeks. Bob has more on todays market were at the highs for the day. Were close to a bit of a break out. Mondays close, which was the high was 31. 79 were five or six points away from that. Why would it be significant if we get over that thats highest level since the june highs we had. Were looking for a modest little break its a good way the close the week out if we can do that banks are out performing havent heard that in a long time, have you its not going to reverse the down trend for the banks but its nice to see a bit of out performance today. Citigroup, jpmorgan and wells fargo reporting on tuesday its not going to reverse the trends thats good reason for the bank woes out there weve been talking about them a lot in the last couple of weeks. We had capital conconstraints
The spirit which they are wanting to loosen things up want to see those numbers increase and spike because of those decisions. The California Department of Public Health says 33,261 people in the state have tested positive for covid19. 1,268 have died. Its been more than a month since california began its shelterinplace order. And now there is increasing pressure to ease that order and reopen the state. Other states have already started that process. But experts and politicians warn this might be a little too soon. Abc7 news anchor liz kreutz joining us live now to break it all down. Liz . Hey, larry. Governor newsom, like so many other state leaders is trying to find that delicate balance between keeping the public safe and reopening the state and the economy. So today we decided to look at what some other states are doing as california does take a slower approach. Its the question were all asking, when will california reopen. There is a lot of anxiety and a lot of need to know. Under
Through the 6 00 hour. 60 at the coast where the rest of us try to reach 70 at noon and mid 70s at 4 00 and back down to the upper 60s. A gorgeous evening on the way. Low clouds at the coast this afternoon. Kumasi. Thanks, mike. New overnight, a person who was barricaded in San Franciscos glide Memorial Church for more than 15 hours has been taken into custody. Abc7 news was at the scene at ellis and taylor streets this all started around 7 00 yesterday morning. Police were responding to the report of a man with a knife. The person ran inside the church and was hold up for hours. Police announced it all came to a peaceful end just before midnight and thankfully no one was hurt. Governor newsom expected to give an update on when california can reopen its economy and begin to ease our shelterinplace. The governor will provide a timeline and discuss testing and Contact Tracing. One of those things that experts say is needed to reopen comes straight from the white house guidelines. States
Muchneeded rain well away from us. Heres a look at some of those low clouds as we look back from the east bay hills camera. Lets talk about how this earth day camera is going to break out. A few high clouds join all of our neighborhoods today. 60s at the coast you can see. Near 70 at noon for our bay and inland neighborhoods and mid to upper 70s by 4 00 and a wonderful evening on tap. Upper 60s at 7 00. All right, lets get back to reggie for the news of the day. Mike, thank you. Governor newsom is expected to give an update today on when california can reopen its economy and begin to ease our she shelterinplace rules. Discuss testing and Contact Tracing. One of the things that experts say is needed to reopen comes from the white house guidelines. States can begin if there is decrease in covid19 cases in 14 days. That has not happened yet. Nearly 36 thoub people tested positive for kcoronavirus in california. Make sure you have the Face Coverings in today. Contra costa, san mateo and so
[inaudible conversations] and its a pleasure to have you it is an organization that represents city towns and villages in america and today thank you for being here thbecause with the 34th annual School Conditions report each person in that room is here for a reason in cities all over america perhaps you enjoy a digging into data of the community i want to hear about what they are dealing with issues in the federal impact of those issues you just want to make sure youre in the right place at the right time owhat america will be dealing with the fiscal impact of our economy for go for all of these reasons it is about the connection between the needs of the communities and local government leaders to address those in the community and im often asked why its such an important report it really is because if you think about what is happening in the city halls and towns and communities in america town leaders and village leaders dealing with those issues at first. So this year fiscal conditi