Viral. Work going on. Today in the bay begins right now. I think thats the majority of the slowing going on. Again, as we take you out to a very good monday morning oakland, traffic jamming up closer to high street than the to you. I hope you had a great weekend. Last time we took a look. Im laura garcia. Traffic is bogging down, though, and im kris sanchez in for as youre restricted to the marcus washington. A little early for the commute this morning, so well start right lane. The overnight road work and with kari because we know the activity in the same area for a weather is changing yet again. Deadly crash that happened about 1 00 in the morning. You see thats the only slowing. We are in for warmer west 580 is a great alternate. Temperatures today, but it was such a beautiful weekend. Hopefully you had a chance to get out and enjoy it because our everywhere else is just fine. Back to you. Weather will be changing this week. Were looking at already a thanks so much. Warmup by lunch
We start first with technology on a tear as we kick off the second half of the year. The nasdaq composite hitting a new record high in todays trading led by gains in the fang names. Facebook, amazon, netflix, al a alphab alphabet, all higher can we expect more highs ahead well turn to you first, guy does this resonate with you right now, this notion that its the mega cap tech stocks that continue to be the leadership in the kind of market we have today . You know what resonates with me i hear your voice, tom, but im looking at engelbert humperdink. After hours, guy, this is what it looks like. Im liking it you have to be impressed with the market as well does it resonate with me absolutely im not going to pretend ive been bullish theres a metallica song from 1982 nothing else matters. Nothing else matters but the fed and the fact we have this passive investing that continues to work apple is in close to 280 atf facebook is in about 220 etf and 170 of those facebook is one of the top 15
Well be getting tomorrow. The nasdaq, as i just mentioned, outperforming once again those big names, netflix up 5 1 2 , tesla, amazon seeing strong gains as well with just 59 minutes left of trade. We are higher still on the s p but not on the dow anymore the nasdaq remains in the lead up to 0. 9 coming up on the show, shares of draft kings have doubled since they began trading in april. Today they announced a new way to bet on one of americas most celebrated fourth of july events well discuss with ceo jason robins coming up dennys, new effort to raise cash whats facing the Restaurant Industry in these uncertain times. But lets focus on the big stories were watching today first of all mike santoli, meg tirrell, pfizers encouraging vaccine news and highlights from the fed news minutes ago. Breaking news on apple josh has it for us hey, josh. So wilf, more apple Stores Closing as covid19 cases rise specifically apple saying its going to reclose 30 Additional Stores in the United States t
policy even if unemployment starts to fall and split stocks apple and tesla rallying apple up 5% today. tesla up 10% today tesla is now surpassed j & j and visa to become the seventh most valuable company in the united states 59 minutes until august is in the books. we re waiting for a record close for the nasdaq possibly another one for the s&p 500 though just negative as we stand welcome back, wilfred good to have you back here coming up, delta s ceo ed bastian joins us with the thoughts of the latest industry. and of course his response to united s move today to eliminate change fees. we ll also speak with mohammed el-erian about texceptional mont for the bulls. we re looking to cap off a 7% up month for august the work from home winner zoom reports earnings after today s close. that stock is up nearly 500% on the year can it keep up the furious pace? let s get straight to the big stories we re watching one hour left of trade. mike santoli tracking the market action on t
we re taking your questions all through the 6:00 p.m. eastern time hour. tweet us those burning trading questions and you might get an answer live on the next hour we start with awesome august for stocks, s&p 500 ended down but put together 7% gain for the month, the best august since 1986 but is it a september swoon ahead. coming up, it is historically the worst month of the year for stocks so guy, should we wake you up when september ends. trying to channel my inner green day for you. look at you first of all welcome dom chu great to have you. you re doing gentleman s work. wake me up when september ends that s a big dan nathan group by the way it s fitting you pick green day because every single day the market is green and it s pretty remarkable if you watch the show you know i ve been more of a skeptic for a while and i continue to be a skeptic. september is historically a whacky month but i think if you throw out the historical norms based on what s going on,