Page 3 - Numbers Record News Today

The 27,700 level. Remember, it was 18,000 on march 23rd. The s p, what, nearly 3400. New alltime high. The nasdaq well over the 11,000 mark. Who would have thought of that. Add it all up and yes, we are now in a brand new bull market. Heres another reason for the rally. Terrific performance from major retailers, target, out today with a blowout report. Online sales nearly tripled. It was targets best overall growth rate ever. That stock is going straight up. Add this to the numbers from walmart,...

Lets switch to the county were evacuation orders remain in place for residents along Morgan Territory and marsh creek road this is near brentwood and the blaze is believed to have been sparked by lightning on sunday. More than 1100 acres have been burned. And Governor Newsom is demanding an investigation after rolling Power Outages around the state. Californias electric grid operator says more than 3 million homes could lose power tonight. I spoke to the professor of economics on the shutoffs an...

Our top story tonight, the triple digit heat in the bay area. These are the current temp temperatures right now and you can see its still really hot in some places. Record temperatures were predicted to hit the bay area today and i think we might have had that lets check in with the Golden Gate Bridge. Lawrence my car has a tendency to exaggerate. Said 89 on the Golden Gate Bridge in the 2 oclock hour. Yeah, you know theyre picking up that road. He writes, im not typically where we take our temp...

How about the house and senate races . Are there obvious places where a house or Senate Member will want Kamala Harris to come to their district, or republicans . Pres. Trump we have just, this just came out two minutes ago, attorney general barr Just Announced as you know, we , where weation legend are going to be helping out, are in the process of helping out cities throughout our country that have difficulty with crime, in particular certain types of crime, so that is really good news. They c...

That we are looking at, much like we did yesterday where we were talking a great deal about the possibility of a new record even intraday or all time on the s p. Yesterday it was that bizarre russian vaccine news and i think we can all term it bizarre, but today its moderna signing a deal with the u. S. Government which is signing a lot of deals to make sure that there is manufacturing capacity in place to deliver a lot of doses of a vaccine if and when it does get through phase three trials int...

One to use today of the future of. G. W. Dot com the 2nd legacy of the multimedia. Church. Came. After calling 900 cases are spiking again in some regions and the fears of a 2nd wave are real the list of authorities around the world reimposing coronavirus going to knock downs is growing california has banned going to bars and eating inside in restaurants. South african authorities have reimposed a curfew and an alcohol ban. With no vaccine millions across the world face similar prospects if cope...

A medical journal is due to publish more information on the vaccine trial. Welcome to bloomberg surveillance. Im Francine Lacqua in london. The markets are more quiet, but a lot of the focus is euro given what weve seen in the markets and what we saw with the eu leaders. The eu strengthening to a fourmonth high, bond spreads narrowing as regional leaders in europe make progress negotiating a stimulus package for economies devastated by the pandemic. Eurodollar, 1. 1455 and gold flat. Lets get th...

We are up 96. Just a second ago we were kind of below that so youve got to stay with us with the whole hour. The dow, by the way, which had been up as many as 219 points earlier, was down, up, down, up, now it is better by 72 points. We are watching all of this as investors weigh rising coronavirus cases which now top three million and balancing that, positive news on the vaccine front. As businesses wait and wonder when they can reopen, one of the nations hottest franchises is warming up its ma...

The data in terms of the jobs 5. 3 million in may, up from four. 99 the previous month. This is very backward looking data. I dont think the market will pay much attention to it, but slightly or positive, slightly more jobs out there then maybe the market was anticipating. Really may data, Rearview Mirror stuff. We will be discussing Global Growth as well as what the countries can do to fix the fiscal stimulus and how to help unemployment coming up and about a halfhour. The stocks are losing the...

Liz i do think spreads are important to watch. We always know theres a tight connection between the credit markets and the equity market. Especially high yield vs. Equity and i agree that when spreads got as compressed as they did, there was probably not sufficient compensation for those hotelers for the likely risk. Were seeing in it bankruptcies, which have spiked back up. They had a spike in may, leveled off and theyre picking back up back to 2009 levels and i do any what happens with spreads...