For new restrictions there too. What will the president do if we experience a second wave . I will ask him. Look at the market, stimulus stall and europes second wave is pulling down stocks big time. The dow is looking at 300 point loss. S p down 42. The nasdaq close to a 200 point drop. Big tech way down today, following a report in the Financial Times, some governments over this in europe, theyre gearing up for a major antitrust attack on American Technology companies. A dispointing jobs report. 898,000 new jobless claims. Not good. Down goes the market. On the campaign trail the president let loose in iowa last night. He put on a maga hat. Took off his tie says joe biden has been blatantly lying. That the revelations about hunter in the New York Post are a smoking gun. I will ask the president about todays allegations that hunter made millions from china. There is a new allegations out today in the morning post. Tonight, there is dueling town halls. The president appears on nbc. Som
Congressman john lewis it is just about 6 00 a. M. On sunday july 19th, good morning im devin fehely. Lets check out the weather with meteorologist darren peck. Another gloomy start it looks like . Im sure everybody remembers how saturday morning, was saturday looks the same as today. A couple of other views the scene from the roof of the bay bridge, that is an important one because it tells us these clouds have pretty much the entire bay, looking at the clouds until they burn out midmorning. Were not going to change things much at all, we range from 60 in most locations, santa rosa is 55. A couple of headlines, besides the gray start were going to e seeing hazy skies this afternoon mainly off to the east from a wildfire builder burning from the south. Were going to show you much more this hour. Cooler temperatures are coming back this week, but before we get to those cooler temperatures this week were going to repeat tomorrows, pretty much right on the mark for where we should be this
Plans to their state as soon as today. Preparing for one possible second wave. What one ceo says hes getting ready and doing. You are watching on this wednesday, may 27, 2020 on cnbc. Good morning welcome from wherever in the world you may be watching. Im Brian Sullivan thank you for starting or ending your day with us on cnbc it is turning out to be quite the holiday shortened trading week futures are up again right now session highs. Nasdaq also up about a percentage level about the same. Dow futures have been gaining ground since opening up in the red following yesterdays big stocks move higher squarely focused on two things number one, the hope around the vaccine and the optimism around the rebound as more move forward with their opening plans d. C. Targeting next week, parts of long island opening today. Sooner than many had expected given earlier concerns the case of new growth rates and hospitalizations have come way down even those who get sick tend to ride it out and recover.
Last week, i warned you. Didnt think it wouldlast. More bad news about the pandemic and we would get slammed again thats what happened today dow plummeting 900 points, s p plunging 1. 4 . Nasdaq also nose diving, 1. 4 . Last night the president gave us pretty down beat, realistic forecast for covid19 fatalities if youve been following the experts and a potential death toll in the hundreds of thousands, might not have surprised you. But for a lot of investors it was a rude awakening i cant blame anyone for selling after that miserable First Quarter with very little good news on any front in the battle against covid. Lets be real. This market is an incredibly leaky ship if youve been laid off, having health problems, your family is hurting, supporting a loved one out of work, youre most likely going to have to sell stocks to get through this period. People need cash you cant fight that kind of selling. Thats what were seeing so why not simply dump everything, flee, maybe head for the hil
Brian lamb amy wax. Before i ask you questions about why we asked you to come here, i wanted to go through your background. Where are you from . Amy wax i was raised, born and raised in troy, new york, which is a small city north of albany in upstate new york. My parents are they are both deceased now, but were part of a very cohesive jewish community, up there, of fairly devout people, conservative and modern Orthodox Jews in that area, the tricity area. My father worked in the garment industry. He eventually bought a small business, a factory, up there and worked very hard his whole life to support his family, my two sisters and me. My mother was a teacher for a while and an administrator in the government, in albany. So i kind of come from the middle bourgeoisie, people who are not very well connected or in anyway, i think, privileged, so i regard myself, almost, as kind of a working class girl, certainly as a yeoman class girl. I attended the Public Schools in troy, new york. I wen