Giving a lot of insight well be bringing you results apple, amazon, alphabet and facebook all report their earnings coincidence those four Companies Make up about 16 of the s p 500. Worth about 5 trillion combined and come a day after the heated antitrust hearing. Wolf, this is a good read in for you. For sure. There was meant to be three of those. Facebook got moved from yesterday to today after that hearing. After the close, we are waiting for two economic reports it is thursday, that means weekly jobless claims. Another 1. 4 million filed for the first time last week the first read on Second Quarter gdp. The economy likely contracted by 34. 7 . Both jobless and gdp due at 8 30 eastern time you look at those numbers down 34. 7 from the estimate we know it, weve been hearing from companies and what has been happening. Thats a lot of news to digest ahead of all of these reports. You are watching futures under a little pressure. Lets look at where things stand now. Dow down 206 points,
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The new battle over the future of the nations movie theaters. Why one theater chain may refuse to show movies from a top hollywood studio. Plus, failing grade. The new concern about online learning. Are the challenges worth it . The decision more schools are making. No graduation . No problem. A bittersweet celebration for the class of 2020. And batter up. The major new plans for Major League Baseballs new season. The changes on the way for the teams. And the fans. Good wednesday morning, everyone. More americans have now died from the coronavirus than were killed in the years long vietnam war. While making great progress in the fight, many areas of the country are still in crisis. Both illinois and florida have reported their highest single day death tolls of the pandemic so far, and in massachusetts, 80 residents have now died at a veterans home. In new york city this video causing outrage. Hundreds of people ignoring social distancing guidelines during a rabbis funeral last night. T
Now. Good evening and thank you so much for joining us. Im Garvin Thomas in for terry mcsweeney. From the federal level to the state level, new action tonight to protect americans from the coronavirus pandemic. It comes as the number of covid19 cases rise in the bay area. Within the past few hours, Alameda County has now added 26 new cases. New road closures are in place in marin county to deal with the people flooding the parks and beaches this weekend. And Governor Newsom announcing several new steps to help slow the virus spread. That includes a new executive order that allows the state to increase its health care capacity, in other words, find places to put patients. Plenty of venues are being called on to participate including santa clara a convention center. Nbc bay areas roz plater has the latest. Reporter as the number of covid19 cases rises, weve learned the Santa Clara Convention center is being prepped as a justincase scenario for a temporary hospital. A federal medical stat
And today, wall street took a beating. The dow fell about 3,000 points, its largest oneday point drop in history. And tonight, americas streets are empty, from new york city to los angeles. Bars and restaurants have been told to close or only serve takeout. The president admitting late today the country may be headed into a recession. As businesses are forced to layoff millions of workers. And the World Health Organization said there is still not enough testing being done. Eome governors say they dont have enough hospital beds. There is a lot of Important Information to report as we come on the air tonight, and our correspondents are covering it all. Ben tracy is going to lead us off tonight from the white house, and ben, the president says these next two weeks are critical . Reporter thats right. This was a very different President Trump today. Gone was the leader who said the virus will pass and everyone should just relax. Today, the president had stern warnings for all americans. Th