Morning. Our cruise covering the fire nfl coverage on fox begins on sunday with a doubleheader right here on ktvu. At 10 00 a. M. Seattle seahawks and then coming up at 1 00, home opener took this video yesterday. For 49ers. All of it was taken as they were driving along highway 162 they host the Arizona Cardinals north of the lake. To get the 2020 season you can see the shots, flames on both sides of the roadway. Underway. In someplace post holding up the now for the latest on the guard rails. The fire zone here, where coronavirus. Is 743,000 cases in california. The fire swept through yesterday is towards the left thats more than 3300 cases in side of your screen. The towns of paraguays and the the last 24 hours. 14,000 people have died in our state since the start of the pandemic. 137 people with the virus who town of or will. Among the died yesterday. Most cases and deaths are disproportionate among black people, Pacific Islanders and casualties is a summer camp. Latinos. A special
Strikes. Partly cloudy skies. 74 livermore and san jose in the 24hour temperature change i dont think ive seen that. Everyone is in double digits. Anywhere from 1015 degrees warmer than yesterday in the cloud cover has a lot to do with it along with yesterdays warm to hot temps. They are hotter today and we are way above average on these highs and we will continue to do that into early next week. Over to sal now. 6 01 a. M. Anything new you want to get to . Bridges are somewhere . Right now we are off to a good start, steve. Many people thought on friday even if they have to drive the drive early or something is going on because it is lighter than usual now and some of these commutes. I can show you the bay bridge whole plaza. We usually have some slow traffic and fridays is lighter volume and we see what happens in the next halfhour. 6 01 a. M. And lets go back to the headlines. Thanks, sal. The agency that runs californias power grid expects the demand for power to shoot up. Ktvu all
P. P. E. And other medical supplies so they can adhere to the safety guidelines and provide a clean and safe environment. But it doesnt stop there. Im also working to assist our lowerincome families, those who rely on the Child Care Development block grants and those who simply need access to clean diapers. Just a couple of weeks ago i was in davenport, iowa, where i got to take part in a Diaper Distribution with the hiney heroes of the qadhafi at the quad city. The National Diaper bank donated 25,000 diapers to this important diaper bank. We know that during this pandemic the diaper supply has run short and ive teamed up with democratic senator chris murphy on this effort to include additional assistance for our diaper banks. Covid19 has also created challenges for our farmers. These hardworking folks are facing new challenges while working around the clock to make sure americans have adequate access to food and fuel. I was visiting with some farmers at the bloomfield livestock market
Gilead sciences, as you heard from maria, positive news from a government trial of their remdesivir and also from two of their own trials. Positive news on a treatment. That sent futures straight up earlier this morning and look at the stock, also straight up, 6. 8 . Thats the effect of this effective trial of remdesivir. Up go futures, up goes gilead stock. More on this in a moment. A second reason for the dows gains, investors expect a strong recovery for the economy starting in the summer. The market always looks to future conditions. Theres a third reason. The Federal Reserve is likely to say today they will do whatever it takes to stabilize your money. Wall streets expecting more stimulus. The dow will be up close to 550 points at the opening bell, close to 2 . The s p up 2 . The nasdaq solid indeed, up over 2 . We had boeings numbers out this morning. Continuing problems, but its cutting 10 of its work force and investors like that. The stock is up nearly 6 . Okay. More on all th
Inspect a face mask production facility. Its a clear signal hes out and about for the first time in weeks. The markets like this. The opening up, that is. Look first at the price of oil. Th 23 a barrel. Thats because production has dropped sharply, limited supply and the likelihood of a pickup in demand as more businesses open up. The president just tweeting on that literally moments ago. Here it is. Oil prices moving up nicely as demand begins again. Thats the backtowork movement evident in the oil market. Stocks, they are going up, too. Reopening is popular with investors. Look at this. Lot of green, lefthand side of the screen. The dow is going to be up about 300. The s p up 36 and better than a 100 point gain for the nasdaq. Yeah, tuesday, may 5th, a positive tone today, if you ignore the everwhining media. Varney company is about to begin. Stuart lets get right at it. We will bring you an update on the reopening of the country. California and new york, both outlining their plans.