Taylor riggs has been diving into all of it. Tech has been the winner of the week. Where do you see the strength . Index the s p 500 tech was the second best performer this week and it was up 6. 5 . You mentioned the dismal economic data. Tech and the markets overall are looking past this, perhaps thinking that the worst is behind us. You hear Companies Like uber seeing green shoots in their demand recovery. Zillow saying people want to buy and sell these homes. It was notable that tech did not leave the gains. Up until this point, the nasdaq is the highest impact since february. Despite underperformance today, i continue to be surprised at the resiliency of the tech sector. Emily what about bonds . Taylor the two year yield hit a record low of 10 basis points at one point today. We ended up coming off that low a little bit. But the bond markets are giving us ominous signs of what is going on. The markets are pricing in a negative federal funds rate. That hell has said doesnt want nega
Good evening. Thank you for joining us. President trump today outlining a plan to reopen america. One of the requirements, states will have to go two weeks without seeing a rise in covid19 cases. Tonight, thats a challenge south dakota is now struggling to contain. Heres my nightline coanchor, juju chang. Reporter far from the hellish hospital scenes in new york city, nestled in the nations heartland, sioux falls, south dakota. Now home to one of the biggest covid19 clusters in the u. S. The epicenter at this smith d19d pork Processing Plant wit of rk, employing 40,000 people across the country, forced to shut down the sioux falls plant this week. Some employees say theyve been worried for weeks about their health and their families. Was there a lot of fear among your coworkers . Of course, everybody was with a lot of fear to go to work every single day. Reporter and so what made them go to work . That they dont want to lose their jobs. Reporter the outbreak outlining the protection of
The coronavirus pandemic, the new guidelines tonight. Plus the Cyber Security cdc is how mothers are reacting. Instacart workers plan to going on strike in the wake of the outbreak. The companys bid to appease them. Good evening from the kpix 5 studios. Tonight President Trump extended the federal guidelines recommending people to stay at home for another 30 days. The death toll in the u. S. Could exceed 100,000. The peak of the death rate will likely hit in two weeks. Investors bracing for another volatile week on wall street. I want the world to get rid of this. Hundred 51 countries. And we will do it. We will have a great victory. Napa county reported two more cases of covid19, bringing the total to 14 there. There is more than 1900 cases across the bay area. 48 deaths have been reported. The virus is posing a risk to mothers to be and their newborns and now the cdc is asking them to do the unthinkable. Consider separating for a week after birth. Kpix 5s maria medina spoke to moms a
Was working at kept taking ppe away from us, and it was scaring us. The intense pressure for these frontline workers forced to isolate themselves from loved ones and the devastating news for this family. New hope. The experimental treatment doctors are working on gaining attention. Antibodies from recovered patiwill it be the answer to treating covid19 . Instastrike. Employees for Delivery Service instacart preparing for a massive strike. Their list of demands this morning including hazard pay. And tornado outbreak. Twisters tearing through parts of the midwest and south. Homes and businesses destroyed. Our weather team tracking more Severe Weather expected today. And good morning, everybody. Thanks so much for joining us on this sunday morning. Lets get right to the latest developments in the coronavirus pandemic. Overnight, an abrupt reversal from President Trump who briefly floated the idea of imposing a quarantine on new york, new jersey and connecticut. That notion was met with a
Check out my triple bonus jack check it out with an extra patty yeah ok lets ride oh hey man, uhh. [car beeps] my 4. 99 triple bonus jack cbo stack it up for e , iabc7 news. Lth, y as you wake up, the coronavirus accounting for 2,000 deaths in the United States. Thousands of tests without results in california means unknown infections are lurking. But one Bay Area Company is having something to say about it. New technology bringing hospitals desperately needed supplies. Good morning, its sunday, march 29th. Thank you for joining us. We have much to get to on the latest on the coronavirus outbreak. First, as usual, lets look at the forecast with lisa argen. Good morning to you. Were looking at showers at live doppler 7 level one on our impact scale. And pinpointing activity, light rain through sonoma. Heavier showers east of marin wood around black point. And a few showers along the coast. Look whats offshore about to move into the sunset and across the Golden Gate Bridge. Scattered as