Can use their Dining Services and make some more money while also keeping people safe so its going to be interesting to hear that its going to be helpful for owners who are depending on that. Not making as much money as take a look at this video just live now and hes valley but earlier i was on Chestnut Street can see. How creative restaurants have been getting writing all over the windows saying keep your 60 the distance where mass and we are open for business for takeout and delivery some just take out and some not open at all some of remain closed the entire time and theyre waiting for the day that their customers can dine in. So hearing governor Gavin Newsome today will be crucial while we wait to hear from him we know last week the California Restaurant Association sent a draft of some recommendations to the governors office. Let me tell you its going to be different than our normal Dining Experience they include know sharing tables only family members of course of the people you
We have some breaking news we want to share with you out of orinda this morning. There are reports of an explosion and a fire. Take a look at the map on your screen it happened just before 5 00 this morning not far from the high school. Details are limited this morning. We reached out to officials. Lets show you some video from a resident who said she woke up to the sound of the explosion, came outside, this is what he saw. He was told on the scene by police a popping sound you could hear in the video is a sound of ammunition being set off by the fire. No words injuries or if anyone was inside the house. This story is still developing. We will bring you updates throughout the show. Medical experts say coronavirus numbers for california and the bay area are trending well. 22,416 confirmed cases in california including 634 deaths california ranking number five in the number of total cases after massachusetts surpassed us yesterday. 4867 confirmed cases in the bay area including 133 death
Prone to gaffes. In congress, no agreement on how to respond to the virus. The latest proposals, a payroll tax holiday for the rest of the year. In other words, your Social Security contribution, suspended. Another one, extend the april 15th tax deadline. However, congress had better get on with it. A oneweek recess starts friday. The market, not happy with any of this. Stocks will be down at the opening bell. You kind of get seasick watching it all. Down 2,000 monday, up 1100 tuesday, this morning we will open about 800 points to the downside. Similar losses for the s p and nasdaq. The virus, there are now just over 1,000 cases in the United States. Draconian action in new rochelle, new york, where the National Guard has been called out to help with a cluster of cases in that town. Seattle has restrictions on large gatherings. The first lawsuits have appeared, a cruise line sued. And just look at this. Students at the university of dayton rioted last night after the authorities announ
100 points, nasdaq down about 35 points. Thats aflight away from stocks and into safe havens like gold, there you have it. Twentythree dollars higher gold this morning, 1,643 per ounce, now look at this, this is the yield on the 10year treasury bond, down 4. 8 , thats a flight to safety, money moving into the safer heaven of Treasury Bonds and out of the more risky assets known as stocks. President trump in rally in colorado, he was on the economy and markets and presented a very positive view of americas future, very much in contrast to the damage control that the democrats are doing after their debate, tonight, by the way, the president speaks in las vegas, that will be his third rally of the week and its in las vegas right before the las vegas the nevada caucuses which start tomorrow, look at this, on your screens now, thats the president with momentum, his 49th Approval Rating is higher than 48th percent disapproval, first time in presidency, the man has the wind in his sail and ra
Biggest loser. You just heard from courtney, after missing on earnings and slashing that forecast joining us for the full first hour, wealth management. Josh, as we just mentioned, fedex down a full 10 on earnings whats your take on that its important to point out that this trend in fedex stock actually began in january 2018 its been falling almost two years straight with very little respite on the way down. At this point, i think the answer, what you do with fedex, differs if youre a trader or an investor if youre a trader, youre not buying the stock i dont think theres any Material Support looking back at a tenyear chart until about 119, 120 that was prior resistance. It broke out it has retested that level before successfully. Thats where i would look at a tradeable bottom were not quite there yet. If youre an investor, you have to look at this moment to say this is maybe conceivably the most confluence of events. Having trouble integrating the tnt acquisition, thats a headwind ther