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Afternoon. Upper 60s in San Francisco. Mid70n oad,anmid eeco i will let you know when we will all cool down with breezy onshore flow kicking in for all of us. Details in a few minutes. Live look at oakland. The city is the target of a new lawsuit over police conduct, and it seeks a federal Court Injunction against using several types of nonlethal weapons against protesters. Kiet do has more on the lawsuit and the latest demonstrations in the streets of oakland. Kiet . Reporter good morning, and a group called the National Lawyers guild will be releasing details about the lawsuit in a few hours. Its a civil rights Class Action Lawsuit to try to stop Oakland Police from using rubber bullets, tear gas, an ....
Still not many people. We will be tracking this story throughout our three hours. Nearly half a Million People will be returning to work in the city. And they are returning to work, by the way, to a city whose mayor is pushing to defund the Police Department in the wake of the george floyd protests. A lot of pushback on this, as you can imagine. We will get into it. Including from the president. He tweeted this just moments ago. Law and order, not defund and abolish the police. The radical left democrats have gone crazy. And Hillary Clinton, by the way, well, shes had another deplorables moment when speaking about trump reporters and we will have that for you as well. Im Ashley Webster. The big story for dyou today on monday, the markets pointing upwards. Varney ....
Expects a renewed down turn. And with the big swings in the market, weve seen the vix, the volatility fear gauge above 53 59 minutes left in another volatile week. We have great guests david giroux from t. Rowe price. And shares of wind ham hotels Geoff Ballotti will join us. Lets get to the market now and another up and down session for stocks after yesterdays massive drop mike, you may be coanchoring to day. Youre not off the hook. We need your charts and your dash boards. Walk us through the action what happened . I wouldnt have it any other way, of course heres a one year, the s p 500, that selloff yesterday was a little bit destabilizing, it seems for the tape it didnt punk tour the air that this rally is inpenetratable it did hold today. Back down around the 3,000 mark. Theyre fighting it around that level. I did highlight this zone in here a lot of this area is still in normal pullback zone the rhythms of the market seem li ....
Jinping. The world sector is leading the charge today while industrials lag. Joining us for the hour today is Barbara Duran from bda Capital Partners what a year its been. Were on a run well see how far the momentum can take us. What do you think . Its interesting. If you look back a year, the market was 14. 5 and now were at an 18 pe i think the market can continue. I think youve had positive feedback on whats happening in china. I think with the fed, easing three times when we expected them to raise, and global easing among Central Banks around the world, youve got great support for next year. And the valuation, if you just exit out the top five stocks, its 16. 5 and with Interest Rates this low, i think we have more to go. Well see what earnings do in the new yea ....