Election day in what could be the most volatile week of the year. But, tech is still lagging. We will preview upcoming earnings. My exclusive interview with snp ceo klein. Could this mean bad news for the rest of tech . First, the earnings parade continues with posting its annual profit forecast with new accounts searching. Net new accounts jumping 55 from a year earlier. We will get to that in a moment. First, Abigail Doolittle has been looking at the broader markets today as we head into the big day. A lot of anxiety going into tomorrow. How are investors digesting it . Abigail anxiety describes it well. More jitters on the part of stock investors. Another wild day. Sharply higher. Afternoon, then finishing up just a little bit after the close. Investors were selling the tech stocks, or some of the tech stocks, and buying up some of the cyclical, growth sectors such as energy, industrial, materials. On the other hand, volatility, still very,0 fix very elevated. The investors are conc
On further coronavirus stimulus until after the election the dow, which had been up, turned around and actually closed down by about 375 points. It was down by 1. 3 , s p down by 1. 4 and the nasdaq off by 1. 5 . However, this morning the stock futures are sharply higher this started last night around 10 00 p. M. When President Trump posted a flurry of tweets, one of them calling for airline and Small Business payroll support immediately. And another calling for a standalone bill on stimulus checks he was saying that he would sign these bills immediately. And as a result, take a look at the futures, dow futures indicated up with fair value by close to 200 points. Ylan mui has been following all of this and has more good morning. And just hours after the president walked away from the bargaining table, he appeared to take three steps back calling on democrats to pass targeted relief first it was that 25 billion for the and i remember industries Payroll Support Program and 135 billion fo
Hillary vaughn on site at Salt Lake City for tomorrows debate. Edward well start with you. President trump shocked the market, democrats, and told his representatives to stop negotiating because the democrats are negotiating in bad faith. He started out his tweet saying that House Speaker nancy pelosi wants 2. 4 trillion package to help poorlyrun, in his words, poorlyrun high crime democratic states. Money no way intended for covid19. Adding she is not negotiating in good faith. The president is saying he is rejecting their request, instructing his representatives to stop negotiating until after the election. He urged Senate Majority leader Mitch Mcconnell to nominate and approve his Supreme Court nominee. This comes on a day that the Federal Reserve chairman jay powell also stressing that stimulus, more stimulus for the economy is something that is needed. He laid out how in the first cares act the federal government, help from the federal government and the Federal Reserve helped ste
Coronavirus. San francisco has kept cases and deaths below the rest of the state by aggressive sheltering in place. Forr london breed joins me an exclusive interview as restaurants and places of worship start to reopen him and her outlook of the citys new normal. Tiktokk, twitter, and continue to crackdown on death wishes for the president. Our interview with the star of netflixs hit documentary the social dilemma. Markets soaring into the green amid optimism that President Trump will make a recovery and prospects of a stimulus deal. Investors liking what they are seeing despite the president s doctor questioning and saying that he may still not be out of the woods. Abigail certainly a risk on tone out of the gate. Investors, whether they are reassured by President Trumps health status, the earnings season coming up, whatever the risk onas we had this appetite. Technical, those are the fundamentals given the selloff we saw on friday. A panic selloff since it was never can never confirm
And a good friday morning. Im marcus washington. And im kris sanchez in for laura garcia. Mike is here with maybe, hopefully, some friday light traffic. Kari, you have a beautiful forecast for this weekend. Its going to be a really nice weekend and were starting out with some clouds this morning, but well get some sunshine again today. Lets check out our live view in breaking news overnight as san jose. We can see the clouds overhead. One marine is dead, more missing as we look at our temperature after a Training Exercise gone trend were starting out with wrong in Southern California. Some upper 50s and clouds but coming up, were learning clearing out by 9 00 and exactly what happened plus more temperatures in the mid70s by on the latest frantic search. Lunch time. A look at our microclimates still spread out from the coast to the inland valleys and the good morning. San francisco firefighters weather we had yesterday will be at 4 41 we check out our current a little bit cooler compare