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stocks coming off their worst losses this year. it s february 5th, 2013 and squawk begins right now. good morning, everybody. ike becky quick along with andrew ross sorkin. joe kernen is off today so we are again joined by steve liesman. also at the table with us this morning, our guest host is andy surel. andrew just talked about the markets. stocks ending at session lows yesterday. in fact, all ten s&p sectors closed lower. yet the bulls betting this is nothing more than a bull pac. but we will have a number of powerful investors for their thoughts throughout yao the morning. jim o neill will join us in just a few minutes. then in the next half hour, the man charged with making sdigs for how blackrock invests more than $1 trillion, the firm s chief investment strategist, russ koesterich. nouriel roubini will be joining us and we re going to ask him for his current view of the world. in the following hour, buy and hold is the name of his game, barons capital ceo ron ....
this morning. and take a look. while that is part of the reason you can see there a lot of stranding water on the road, also take a look at the traffic signal pole there. it is buried in sand 7 feet deep because of the high winds blowing the beach sand over on to the roadway. a combination of heavy downpours and high winds flooded streets and knocked out power around the bay area this morning. it was pouring down rain. reporter: high winds brought down this large tree limb in saratoga. pg&e officials say this 28-foot section shut down traffic on thelma avenue and knocked out power to about 200 homes in the neighborhood. pg&e crews hope to have the electricity here restored b 7:00. 7 outages darkened 1200 homes and businesses. we are the first to get the wind off the ocean. so usually it s more gusty than what you get maybe over the hill or even in san francisco. we are like the front line as far as that is concerned. reporter: some small business owners had no c ....
projected that americans would spend up to $25 billion on mother s day gifts and festivities including 5.2 billion in jewelry, $4.6 billion on restaurant meals and on special outings, and $2.6 billion on flowers. but due to the covid-19 outbreak, nearly every single one of these industries instead is facing unprecedented economic challenges and financial hardship. with many of them struggling just it keep their doors open and pay their employees. there are now more than 1.3 million confirmed cases of coronavirus nationwide. and more than 79,000 confirmed deaths. and the staggering tragic death toll has gone hand and hand, what can only be described as a rolling economic collapse. more than 3.2 million americans who lost their jobs, just in the last week, bringing the seven-week unemployment total to more than $33 million. great depression era numbers. many small businesses have been forced to shut their doors, restaurants have turned to take-out and delivery service to ....
military police units from ft. bragg get ready to be in the nation s capitol tonight. jon karl live at the white house. our team across the country. and the emotional moment playing out in minneapolis. the brother of george floyd, terrence floyd, visiting the scene of his brother s death. kneeling in prayer at the makeshift memorial. terrence floyd denouncing th brother s name. what he is calling for instead. and tonight, just in, the results of an independent autopsy. what they reveal. with the former police officer derek chauvin, charged with murder, now on suicide watch. protests in at least om chicago to om new york to ph demonstrations largely peaceful. but some taking a violent turn after nightfall. late today, police firing tear gas at protesters in philadelphia. authorities now investigating that nypd vehicle appearing to drive into a crowd. and now the curfew in new york city tonight. cars flipped over and burning near the white house.anthtoght thtruciver w ....
telling the president directly that his rhetoric is not helping. as the national guard now takes up positions near the white house. and those active duty army military police units from ft. bragg get ready to be in the nation s capitol tonight. jon karl is live at the white house. our team, across the country. and the emotional moment playing out in minneapolis. the brother of george floyd, terrence floyd, visiting the scene of his brother s death. kneeling in prayer at the makeshift memorial. terrence floyd denouncing the nationwide violence in his brother s name. what he is calling for instead. and tonight, just in, the results of an independent autopsy. what they reveal. and the medical examiner s office out with their results a short time ago. with the former police officer derek chauvin, charged with murder, now on suicide watch. protests in at least 140 cities, from new york to philadelphia, to atlanta, from chicago to los angeles. demonstrations largely peace ....