Thou points, it bounced back up to the 700 mark. Weve seen it fluctuate up and down all day. But now its definitely in negative territory, around 647 points. Adam shapiro has a look at whats ahead for the markets today. Reporter a rocky start to the week for stocks around the world. All eyesin u. S. Markets after last weeks heavy selling. The Dow Jones Industrial average fell more than 1,000 points in the first 15 minutes of trading on monday. On friday, the s p 500 and nasdaq suffered losses and they fell at the start of trading on monday as well. This could end later today. This could end tomorrow. You have to keep your head at a time like this. As you know, these stocks, they move around all over the place. , blame china. Its economic troubles are causing problems. The main index fell 8. 5 0 on monday. Its the biggest drop since february of 2007. They provide half of the Global Economic growth. Thats what theyve been doing for years now. Now that is in question and now were seeing the reaction in markets. Reporter a drop in crude oil prices is also a factor the markets are digesting. Risking a further drop for the s p 500 home to many Energy Company stocks. But the Current Situation isnt all bad news for consumers. The price of gasoline is gonna come way, way down. How low will it go . 2 by christmas probably and a big drop coming in about three weeks. Reporter according to government data, the u. S. Economy has been faring pretty well. Unemploim is at 5point unemployment is at 5. 3 . And the government will release a new statement this thursday through june. Back to you. Today the Palo Alto City Council is scheduled to consider raising the citys minimum wage. Palo alto does not have a city wide minimum wage law now but businesses have to pay the mandated wage of 9 an hour. They will discuss paying 11 an hour starting in january. The city is trying to unite all cities in Santa Clara County to set a regional minimum wage of 15 an hour by the year 2018. San jose police are searching for two suspects in a deadly shooting overnight. Police were called to lavon avenue around midnight after neighbors reported hearing gunfire. Officers arrived and found a man shot at least once lying on the ground near his suv. Witnesses saw two men running away. I heard four shots, gunshots, and my son came knocking on my door and asked me if i heard the shots. I said yeah. Dad, thats so close. I heard some lady saying oh, my god. Oh, my god. The victim in the killing has not been identified. The suspects managed to escape despite a Police Manhunt by helicopter and foot. Theres not a motive for the killing. Its the citys 20th homicide this year. A 3yearold girl continues to recover after being hurt in a driveby shooting in east oakland. The child was in a parked car on 77th avenue with two adults when someone hoped opened fire on saturday night. She suffered a gunshot to the chest. A man was shot in the arm. Both victims are expected to survive. Police have not identified or arrested any suspects. Police in vallejo are investigating a deadly shooting in that city. It was reported after 12 00 yesterday afternoon. Officers found a 21yearold man who had been shot. They say he died at a nearby hospital. Police are asking for any witnesses to come forward. Well, it was one year ago today that a strong earthquake shook the napa area. The quake was the largest in the area since the loma prieta earthquake in 1989. One death was linked to the quake and damaged hundred of buildings, buckled roads and sparked fires. As alex savidge tells us, the recovery effort has been slow but steady. Reporter with every cup of kofny made this cafe in coffee made, this cafe is making its way back. This building withstood the quake but the brick structures on either side crumbled during the shaking. This area was cordoned off. We were the one business open. It was tough for a while. At the time of the quake, we lost 60 of the business but right now its picking up more and we have about 30 back but its another year at least until business will be more back to normal. Thank you. Reporter inside the nearby Vintners Collective tourists have returned but outside, the longterm effect of the quake is clear. Construction crews are still restoring the stone facade that collapsed last okay. Even a year after the earthquake, theres still a lot of work to be done in napa. This is an Historic Building on brown street downtown, a brick blil more than 160 building more than 160 years old. It was heavily damaged when the shaking happened. Crews are still in the process of pulling this place apart brick by brick. They will save the bricks and repurpose them. But the building is a total loss and will have to be defollowished. Demolished. This team is the second contractor brought in on this job and they say it will be a slow process mainly because of the age of the building. Reporter how much longer until its done . Six, eight months. Probably a year or to two. Nothing goes fast. Reporter one year later, downtown napa is still dotted with construction sites. Although city leaders say the ongoing work is not keeping tourists away. Weve made up up. This year well probably be ahead of where we were before the earthquake. Reporter alex savidge, fox 2 news. The city and county of napa are hosting an anniversary event. It starts at 3 20 p. M. One year after 12 hours after the earthquake hit. It will be at veterans medical park in downtown napa. They will have guest speakers and live music and booths about earthquake preparedness. We have more information about the ceremony as well as some beforeandafter pictures on our website, ktvu. Com, and on our mobile app. Firefighters are making progress on the latest wildfire burning in lake county. The peterson fire has bushed has burned 215 acres. The fire is 30 contained. No evacuations have been ordered. No word of injuries. The cause is under investigation. A fire burning in the San Bernardino mountains is threatening hundred of homes. The summit fire started yesterday afternoon in big bear near snow summit ski resort. As of this morning, the fire has bushed about 100 acres burned about 100 acres. Its 50 contained. Evacuation orders remain in effect. Water cannons from the ski restore are being pointed in the direction of the fire. Firefighters in washington continue to battle more than a dozen wildfires. More than 200 homes have been destroyed. 12,000 others are still threatened. Firefighters say strong winds have died down but now the heavy smoke from all of the fires is complicating the firefighting efforts. Well, outrage is growing online about a group of bay area women who said they were kicked off the napa wine train for being too loud. We made it, yall. Ready to get on the wine train. 11 members of a book group boarded the train. Their seats were spread out. They tell us they had not even had one sip of wine when an employee was already telling them to quiet down. The representatives say after three warnings, employees escorted the women off the train. Why do we have to be paraded through the train six cars to get off . It was humiliated. My some, she cried. Which made me cre. The woman say they believe race did play a role. Ten of the women in that group were plaque which has inspired the hashtag laughingwhileblack on twitter. They did receive refunds for their trip but the women want a public apology the wine train said they are investigating the is dent. An investigation is underway in antioch after a play gro playground was set on fire. Contra costa fire said someone walking by saw the flames and called northbound. Luckily, it didnt take long for crews to put out the fire. The incident is being investigated as an act of vandalism. Contra costa fire says the playground has been vandalized before. Some areas had already been boarded up. Still to come, three californians received one of frances highest honors. Thousand they were recognized for taking down an armed man and preventing a mass shooting. Taking a live look outside right now, its a slow warmup. But could there be rain . Nice picture of the bay there. Rosemary is here and will give us a check on the forecast. Will he or wont he . What joe biden is doing that may signal a president ial run coming up. In england, a crane is being removed being used to remove a vintage plane. The jet crashed while doing looping stunts exploding into a fireball once it hit the ground. At least four cars on the ground including a wedding limousine bushed. The pilot of the burned. The pilot of the jet survived. The british authorities are considering new safety requirements for airshows. Its one of frances highest honors will only a limited number of people receiving it every year. This morning, that award went to three meshes for their quick thinking bold actions on a high speed train. The three meshes came to europe as tourists americans came to europe as tourists. They will leave as decorated heroes. Frances president gave the medal to three meshes. They were on a european vacation, passengers on a plane. The comment heard a commotion and glass breaking and came face to face with a man armed with an Assault Rifle in their passenger car. I saw what looked like an ak 47. Looked like it was jammed or not working and he was trying to charge the weapon. Alex said, lets go. Reporter stone, an offduty u. S. Airman put the man in a chokehold and he got slashed with a books cutter in the process. Skarlatos and sadler wrestled the weapons away and knocked the gunman unconscious. Norman joined in to tie up the gunman. I just stuck twof my fingers in the hole, found what i thought was the artery, pushed down. Reporter french authorities have identified the gunman as a 25yearold moroccan national. They believe hes an islamic extremist. His attorney said hes a home las man who was simply trying to rob people on the train. One of the three americans honored, anthony sadler, was born in pittsburg. He grew up in sacramento. Hes currently a senior at sacramento state. He told reporters if there is a lesson to be learned its to take action and do something when confronted with a possible act of terrorism. Vice President Joe Biden appears to be taking steps toward a run for the presidency. This morning his office announced hes hired a in you communications hired a new communications director. Hillary clintons recent troubles may be pushing him closer to macon a move. Doug luzader has more from making a move. Doug luzader has more. Reporter encouraging poll numbers and a Democratic Front runner who may be struggling right now. Call it strategy by amtrak. Over the weekend, joe biden took a train to washington from his home in delaware to meet with a favorite among liberals, senator elizabeth warren. Is he testing the waters . I mean, i dont know what they talked about. But i do know that the Vice President has hes got his core inner circle of people. Over the last couple of weeks weve seen reported on this channel that hes kind of expanding outside of that that small circle of advisers and family. What are they saying . They are likely talking about Hillary Clinton with her email troubles escalating and her polls falling, this could be a real opportunity for biden. Hes run before. But if he enters the case, he could expose a Painful Party division. Big clinton supporters are hardly encouraged. He has 100 nail recognition. Hes already behind Hillary Clinton and bernie sanders. Reporter but other democrats think biden could argue that he would be the natural heir to president obama. If i were hillly, i would say dont hillary, i would say dont jump in and if i were joe biden, i would give it serious consideration. Reporter biden supporters acknowledge he will have to make a decision ref lay soon here, almost before october 13th. Thats the date of the first democratic debate. Back to you. We want to tell you about breaking news in oakland where b. A. R. T. Has been forced to power down the tracks between the lake merritt and bayfair stations after a man ran onto the trackway. Were getting video into the newsroom. Witnesses say a man ran into the lake merritt tunnel heading north. Now the tracks have been deelectrified. Trains are being held. You can see them on the platform there while Police Continue to look for the man. This is causing major delays. Well keep you posted on this breaking news out of oakland. B. A. R. T. Shut down for now between lake merritt and bayfair station. Expect delays in the area. Well continue to work on getting more information and bring it to you. It appears that a three month long strike at john muir may be reaching a breaking point. 19 Union Maintenance ecnears went on strike in may. They are not being offered the same wages as those in concord. The union has notified the striking employees they need to come back to work today or the hospital will recruit replacements. Well continue to strike. Well continue to ask for negotiating sessions. Well continue to fight for the benefits and the wages that these people demand. And we just heard from representatives from john muir within the last hour, they say that the Contract Offer theyve offered the workers is fair and consistent and calls the they call the pension proposals from local 39 too expensive. In a statement, the hospital says although it will begin the process of hiring replacements, the striking engineers will be free to return as long as the positions are still available. Ocean researchers docked in San Francisco over the weekend to show how they plan to clean up the garbage in the ocean. The ocean star is docked at pier 30 along the embarcadero. It just rushed from a voyage where researchers mapped what is known as the Great Pacific garbage patch. They said they picked up so much trash they ran out of room on board to store it. One member is a dutch innovator who has devised a system to gather the trash more efficiently. He said using this almost will allow hem to clean up half of the garbage patch in ten years. Good afternoon to you. We have a nice summer day off ever the bay area. The clouds have cleared. A little bit of cloud cover along the coastline. Lets take you over to the hills. Air quality is good for today. Before we take a look at the forecast. Look at the hawaiian islands. Its storming in paradise. Take a look at that. Its beginning to wind down just a bit. But some areas of the island is reporting anywhere from 2 to 3 inches of rain in the last 12 hours. The Stormy Weather coming ahead of tropical depression kilo. At this point, it looks like the path will continue off to the west and well be watching that for you. Were still days out. But take a look at all of the Stormy Weather over all the islands today. Lets take a look at our nice tranquil weather. We have temperatures again on the mild to warm side for today. Very similar to yesterday. Slightly warmer inland. I will explain why in a minute. But take a look at whats going on. Over the last few hours weve seen the cloud clear back. The only area still with mostly cloudy skies is right along the shore in areas in the ocean beach. Perhaps areas of San Francisco but on the east side of San Francisco. Were mostly sunny this afternoon. Giving you a look at the onshore breeze. Fairfield at 16 miles an hour. Oakland, 8. The winds will continue to be on shore. Not gonna lose it all together. But they are lightening up a little bit. 77 in fairfield. Right now, r79 in livermore. Around the bay, we have upper 60s to near 70 degrees. 68 in oakland. San francisco, 65. And to the north bay, 66, santa rosa. 72 in sneap. 66 for half moon bay. The ridge of High Pressure over the Desert Southwest is gonna be strengthening over the bay. Inland communities are getting back in the low 90s. I think tuesday will be the warmest day. By the second half of the week, things start to change. Take a look at saturday. May be looking at the possibility of a little bit of rain. Several days out well track it for you. Here is the afternoon highs for today. 79 in novato. 72 in richmond. Low 80s for walnut creek. Low 70s. Closer to the water, 73 in oakland for today. 80 degrees for san jose as we slip up along the peninsula, 80 redwood city, 70 for San Francisco. The extended forecast there, temperatures warming up a bit more on tuesday and then coming pack down and for your bay area weekend we may see a little bit of wet weather come our way saturday into sunday. It seems like it gets gradually warmer and then cools down. Just when you wanted to be outside but no extremes. Thats the nice thing about bay area weather in general. Thank you. You are welcome. Another check of the stock market just ahead and the effect that the market may have on gas prices. They are already heading down. What kind of gas prices you can find here in the bay area. We value sticking with things. When something works, people stick with it. More people stick with humana medicare advantage. Because we stick with them. Humana medicare advantage. The plan people stick with. Taking another look at the big board on wall street. The dow down 660 points. This is following a day of a lot of uncertainty and volatility in the market. Its not just here in the u. S. That you are seeing a big selloff but all of the major indisease a indices across the board. Drivers are spending less on gas around the country. The average price is now 2. 61 a gallon. Thats down 80 cents from this time last year. San jose has the cheapest gas price at 3. 27. Thats a penny more in santa rosa. In oakland, 3. 31. As usual, San Francisco has the highest average price, not surprising, at 3. 44. But thats still overall 60 cents a gallon less than what we saw in the bay area in august of last year. Now, were just getting an update on that breaking news we brought you. B. A. R. T. Police say they have a man in custody who ran onto the tracks at the lake merritt station. The train should be unking again soon and coming up at 4 00, well talk to an expert about what the plupge means for your 401 k s and your iras. Thank you for joining us. Were here for you at ktvu. Com on and on twitter and facebook. Have a great day. er] on this episode of xploration outer space, a look at some of the most extreme events happening deep in the cosmos, from supernovas to gamma ray bursts to one of the strangest objects found in the universe, black holes. We examine the life and death of stars and the dramatic impact thats left behind, next on xploration outer space. Welcome to xploration outer space, im emily callendrelli. Were here at the Space Telescope Science Institute in baltimore, maryland
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